News Archives for Latest - 2020-11-05

Pakistan

'Vote ko Izzat do’: Pakistanis greet delay in US polls result with memes, jokes

Two days after polls close, Democrat Joe Biden edged closer to victory in the U.S. presidential race on Thursday with only handful of states that will determine the outcome of the Election.

Updated 06 Nov, 2020 09:16pm

World

Violent attacks in Afghanistan increase by 50 percent amid peace talks: report

The report blamed the Taliban for launching attacks on cities and security installations, stating there are fears the recent spate of violence may jeopardise negotiations

Updated 06 Nov, 2020 09:15pm

Pakistan

PM to inaugurate Sehat Card programme in Swat tomorrow

Jhagra says the programme will be implemented across K-P by January 31 next year

Updated 06 Nov, 2020 09:14pm

Pakistan

NAB opens probe in reported closure of Roosevelt Hotel

The accountability bureau has asked relevant institutions, including the national flag carrier, to provide record in a bid to facilitate the investigation process

Updated 06 Nov, 2020 09:14pm

Business & Finance

CPEC: China says $25bn invested in Pakistan since project launch

The spokesperson said that the Belt and Road Initiative (BRI) cooperation projects, including the CPEC, are open ones.

Updated 06 Nov, 2020 09:13pm

Companies

USF awards contracts to Zong 4G for providing network coverage in remote areas

The contracts were signed by Haaris Mahmood Chaudhary, CEO, USF with Wang Hua, Chairman and CEO, Zong 4G.

Updated 06 Nov, 2020 09:12pm

Currency

Roshan Digital Accounts gaining foothold among Non- Resident Pakistanis

The figures were shared at a webinar hosted by Pakistan High Commission Ottawa and Consulate General of Pakistan Toronto.

Updated 06 Nov, 2020 09:12pm

Pakistan

Pakistan, Bosnia ink pact for return of illegal migrants

The Bosnian government claims that there are at least 23 percent illegal migrants from Pakistan and their numbers are estimated to be around 3,000

Updated 06 Nov, 2020 09:11pm

Pakistan

Over 200 protesting farmers held

LAHORE: The farmers’ sit-in turned violent after the police tried to disperse them here on Wednesday. On Tuesday,...

Updated 06 Nov, 2020 09:11pm

Pakistan

Masses reject anti-state narrative by PDM: Shehryar Khan Afridi

He said that PM Imran Khan's announcement of power supply to industrial sector on subsidized rate would help increase exports.

Updated 06 Nov, 2020 09:10pm

Pakistan

Smart lockdown policy implemented in Punjab: Dr Yasmin Rashid

Dr. Yasmin Rashid warned that violations of standard operating procedures (SoPs), could increase the cases in the country.

Updated 06 Nov, 2020 09:10pm

Letters

Police court martial?-I

Since assumption of office early last month former Lahore Capital City Police Officer (CCPO) Umar Sheikh has demonstrated...

Updated 06 Nov, 2020 02:16pm

Industry

GM to bring pickups production back to Canada

GM's Oshawa plant used to make the Chevrolet Impala and the Cadillac XTS, as well as Silverado pickup trucks.

Published 05 Nov, 2020 11:58pm

World

Biden on cusp of White House victory, Trump turns to courts

The former senator from Delaware and Democratic hopeful currently has 253 electoral votes -- or 264 if the 11 electoral votes from the southwestern state of Arizona are included.

Published 05 Nov, 2020 11:55pm

US Elections 2020

US election could be settled Thursday as key states tally results

Donald Trump has amassed 214 electoral votes so far, and is still in contention in several states that would afford the Republican incumbent a path to reelection.

Published 05 Nov, 2020 11:50pm

Europe

Johnson appeals for unity as England enters new lockdown

The latest lockdown came into force at 0001 GMT and by daybreak, had turned normally bustling cities into ghost towns, and left normally packed tourist destinations deserted.

Published 05 Nov, 2020 11:49pm

Pakistan

FM for speeding up CPEC projects' completion at Gwadar to enable port achieve its potential

The Foreign Minister underlined that Pakistan and China were ‘All-Weather Strategic Cooperative Partners’ and both countries supported each other on the issues of their core interest.

Published 05 Nov, 2020 11:44pm

Pakistan

Farmers' problems to be resolved on priority basis: Raja Basharat

Raja Basharat said that Chief Minister Punjab Sardar Usman Buzdar himself was a farmer, who could understand the problems of his farmers better than any other.

Published 05 Nov, 2020 11:42pm

Pakistan

Incentives for wheat growers crucial to Pakistan’s food security: NA Speaker

Asad Qaiser assured that the matter would be taken up with the Ministry of Finance in the next meeting of the committee within one week.

Published 05 Nov, 2020 11:39pm

Pakistan

Educational institutions to continue function as COVID-19 under control: Shafqat

The minister said policy of smart lock down introduced by leadership of incumbent government had been acknowledged around the world.

Published 05 Nov, 2020 11:37pm

Pakistan

NA committee concerned over lack of relief to farmers

The resolution expressed its anger over the undue and unjustified delay in implementing directives of the Prime Minister resulting in unfair treatment meted out to Pakistan’s poorest farmers.

Published 05 Nov, 2020 11:36pm

Pakistan

Pakistan moving toward stability: Ali Muhammad

He said all the allies stood with Prime Minister Imran Khan’s Vision as they knew that only he (PM) could steer the country out of the challenges.

Published 05 Nov, 2020 11:34pm

Pakistan

PM for constant monitoring of prices, supply, availability of wheat, sugar

He also directed to ensure arrangements for the supply of imported sugar in various parts of the country so as to avoid any delay in that respect.

Published 05 Nov, 2020 11:32pm

Pakistan

4,714 construction projects approved in Punjab since July: PM told

The ABAD lauded the government’s efforts to ease the approval processes for the construction sector and also put forward their proposals.

Published 05 Nov, 2020 11:30pm

Exchange

Hafeez appreciates China for unwavering support in testing times

He was talking to Chinese Ambassador to Pakistan, Nong Rong who called on him here, according to press statement issued by the Finance Ministry.

Published 05 Nov, 2020 11:25pm

Pakistan

President for translating Pakistan-Bosnia goodwill into substantive cooperation

The two Presidents also agreed that Pakistan and Bosnia & Herzegovina must continue to work closely in areas of mutual interest.

Published 05 Nov, 2020 11:24pm

Pakistan

PM is not a traditional politician: Fawad

The minister said it was not a unusual or novelty thing that the government political alliance did not participate in the PM's lunch but it was the part and beauty of democratic system.

Published 05 Nov, 2020 11:21pm

USA

What happens if the U.S. Election is contested?

President Donald Trump has claimed without evidence that unprecedented numbers of mail-in ballots will lead to widespread fraud by Democrats in the November presidential election.

Published 05 Nov, 2020 09:09pm

Sports

Saudi Arabia says will host F1 GP for first time next year

The kingdom already hosts the Dakar Rally and the all-electric Formula E series, in addition to an array of boxing, golf and tennis events.

Published 05 Nov, 2020 09:10pm

Stocks

Stocks rise again on expectations of divided US government

The broad-based S&P 500 gained 1.8 percent to 3,506.94, while the tech-rich Nasdaq Composite Index jumped 2.2 percent to 11,843.00.

Published 05 Nov, 2020 09:08pm

World

WHO warns of 'explosion' of virus cases in Europe: AFP interview

WHO on Thursday reported a total of over 12 million cases in the region, with nearly two million in the last seven days.

Published 05 Nov, 2020 09:06pm

Business & Finance

Butter Crunch

I recently came across Innovative Butter Crunch’s very intriguing advertisement whilst flickering TV channels and...

Published 05 Nov, 2020 08:29pm

US Elections 2020

Trump or Biden, new US president faces troubled economy

In the run-up to the election, Trump consistently polled better than Biden on his ability to create jobs and manage the economy, if not the virus.

Published 05 Nov, 2020 08:01pm

Currency

Russia says 'obvious shortcomings' in US election system

Zakharova also said Russia hopes the United States will be able to elect the next president in "full compliance with the American constitution."

Published 05 Nov, 2020 07:39pm

Energy

Oil drops as US election uncertainty dominates markets

Brent crude fell 20 cents, or 0.4%, to $41.03 a barrel.
US WTI crude was down 30 cents, or 0.7%, at $38.85.

Published 05 Nov, 2020 07:31pm

USA

US weekly jobless claims fall marginally

First-time unemployment claims have dropped from a record 6.867 million in March.

Published 05 Nov, 2020 07:19pm

USA

FAA issues flight restrictions for Biden's hometown, as he edges closer to the presidency

The Federal Aviation Administration (FAA) issued a flight advisory for presidential nominee Joe Biden's hometown of Wilmington Delaware, as he pushes closer to securing victory.

Published 05 Nov, 2020 07:04pm

Business & Finance

Alibaba posts solid revenue ahead of shopping festival

Alibaba said the pandemic may be helping e-commerce as consumers opt for the safety of online shopping.

Published 05 Nov, 2020 06:55pm

South Asia

Delhi battling dual crises of pollution and coronavirus

India is the world's second most-infected nation after the United States with more than 8.3 million Covid-19 cases.

Published 05 Nov, 2020 06:54pm

Business & Finance

GM says earnings jump 72pc, cites improving auto demand in US, China

Car sales in North America fell compared with the year-ago period, but GM said US sales increased sequentially throughout the quarter.

Published 05 Nov, 2020 06:52pm

Pakistan

Pakistan rejects baseless Indian propaganda against Kartarpur Corridor: FO

The FO says the malicious propaganda by the Indian Government is simply an attempt to malign the “Peace Corridor” initiative by casting mischievous aspersions against the interests of the Sikh community

Published 05 Nov, 2020 06:40pm

Sports

Ronaldo to make Portugal return against France, Croatia

The 35-year-old finally tested negative 19 days later, returning to the pitch with a double for Juventus against Spezia.

Published 05 Nov, 2020 06:50pm

Europe

Europe now region hardest hit by virus infections

Last week, 277,000 new cases a day were recorded, more than half of the total number of cases worldwide of 517,000 daily.

Published 05 Nov, 2020 06:49pm

Business & Finance

Lufthansa braces for 'challenging' winter on 2bn euro loss

Losses were reduced due to "strict cost savings and the expansion of our flight programme" in the summer months, Spohr said.

Published 05 Nov, 2020 06:01pm

Money & Banking

Commerzbank swings to loss on virus, restructuring charges

The third quarter net loss of 69 million euros compared with a profit of 297 million for the same period last year.

Published 05 Nov, 2020 05:56pm

Pakistan

Annual drills: Russian forces arrive in Pakistan to hold Druzhba-5

ISPR states the exercise is aimed at sharing both armies experiences in counter terrorism domain

Published 05 Nov, 2020 05:41pm

Middle East

Iran's supreme leader mocks US democracy

On Tuesday, Khamenei insisted the outcome of the election would have no impact on Iranian policy.

Published 05 Nov, 2020 05:54pm

Money & Banking

Bank of England announces £150bn extra cash stimulus

Thursday's BoE announcement meanwhile took the central bank's total QE stimulus amount to £895 billion.

Published 05 Nov, 2020 05:52pm

Europe

Greece to re-enter virus lockdown from Saturday

A total of 2,646 new infections and 18 deaths were recorded on Wednesday, up sharply from last week.

Published 05 Nov, 2020 05:47pm

Currency

EU warns no return to pre-crisis economy before 2023

The European Commission said the eurozone economy would expand by just 4.2 percent next year, much lower than the 6.1 percent it predicted in July.

Published 05 Nov, 2020 05:45pm

Europe

Anger as Italy's new 'red zones' prepare for lockdown

Southern regions Puglia and Sicily were designated orange, or medium-risk, and will face less restrictive measures, while the rest of Italy was yellow.

Published 05 Nov, 2020 05:42pm

Stocks

Stocks rally, dollar slides awaiting clear US vote outcome

Europe picked up the baton by extending strong gains won Wednesday that were seen also on Wall Street.

Published 05 Nov, 2020 05:40pm

World

India-made COVID-19 vaccine could be launched as early as February - government scientist

Bharat Biotech, a private company that is developing COVAXIN with the government-run Indian Council of Medical Research (ICMR), had earlier hoped to launch it only in the second quarter of next year.

Published 05 Nov, 2020 04:54pm

Exchange

Pakistan urges Bangladeshi investors to enjoy CPEC advantage

Imran Siddiqui urged Bangladeshi entrepreneurs to invest in Pakistan, while requesting Bangladeshi industrialists to import various industrial raw materials and textiles from Pakistan.

Updated 05 Nov, 2020 04:39pm

Companies

Pak Suzuki Raised Bike Prices Again

Pak Suzuki increased prices of its four models by Rs 3,000, as the company reports its 8th consecutive quarter in a loss last month

Updated 05 Nov, 2020 04:33pm

Taxes

Pakistan's Tax-to-GDP Ratio Falls Amidst the Pandemic

Pakistan's tax revenue to GDP ratio falls in 1QFY21, despite a 6.9% increase in the total tax revenue collection by the provinces.

Updated 05 Nov, 2020 04:07pm

Pakistan

Bosnian leader discusses defence, joint ventures with COAS

The COAS said that Pakistan attaches great importance to brotherly relations with Bosnia & Herzegovina.

Published 05 Nov, 2020 03:47pm

Industry

Cement sector records highest sales in 24 months

Cement Sector records highest sales in 24 months at 5.735 million tons in October 2020.

Updated 05 Nov, 2020 03:02pm

Pakistan

Govt decides not to close educational institutions in winter

The government will decide about holidays in northern areas because of the harsh weather conditions.

Published 05 Nov, 2020 02:23pm

Pakistan

Deliberate absence: Accountability court initiates proclamation proceedings against Nusrat Shehbaz

A proclamation notice requiring Shehbaz Sharif's wife to appear before the court on November 11 to save herself from having to face adverse legal action was pasted outside the court by the investigation officer of the case

Published 05 Nov, 2020 02:18pm

Life & Style

Johnny Depp down but not entirely out after losing 'wife beater' case

There is a sense in Hollywood that Johnny Depp is a tainted brand.

Updated 05 Nov, 2020 02:15pm

World

Harris’s ancestral village in India gets festive as Biden leads count

Thulasendrapuram, located about 320 km (200 miles) south of Chennai, is where Harris’s maternal grandfather was born more than a century ago.

Published 05 Nov, 2020 01:38pm

Pakistan

Maryam kicks off GB election campaign, hurls criticism on PTI-led govt

Maryam Nawaz says those who cannot endure pressure, will never stand for the rights of the people

Published 05 Nov, 2020 01:15pm

World

Trump supporters protest outside Arizona vote center

A victory for Biden in Arizona would give the Democrat 11 electoral votes, a major boost in his bid to win the White House, while severely narrowing Trump’s path to re-election, in a state the Republican won in 2016.

Updated 05 Nov, 2020 01:10pm

Pakistan

41 Pakistani prisoners brought home from Sri Lanka

They were serving jail sentences under various charges.

Published 05 Nov, 2020 12:28pm

World

Police arrest 10 in Portland, 50 in New York on night after U.S. vote

Portland Police said it arrested ten people in the demonstrations after declaring riots in the city’s downtown area while the New York Police Department (NYPD) said it made about 50 arrests in protests that spread in the city late on Wednesday.

Updated 05 Nov, 2020 12:25pm

Pakistan

Education ministry to decide on winter holidays today

Board examinations of the eighth grade, as well as moving the academic year from April to August will also be discussed.

Published 05 Nov, 2020 11:42am

Pakistan

Foreign, interior ministries submit replies in Indian prisoners' detention case

Additional Attorney General Tariq Khokhar informed the court that seven out of eight prisoners in jails have been sent to India and only one is remaining

Updated 05 Nov, 2020 11:52am

Business & Finance

Reko Diq Case: NAB unearths corruption to the tune of billions

In a statement, the spokesperson revealed that serious irregularities were also found in the allotment of land and other matters by the officials of the finance department, and the accused also confessed to taking financial benefits in this regard.

Published 05 Nov, 2020 11:11am

World

Timeline: Which U.S. states are still counting votes and when will they be done?

Democratic nominee Joe Biden has a slight edge over Republican President Donald Trump with 227 to 213 electoral votes. That leaves 98 electoral votes to be allocated, and possible paths to victory for both candidates. The winner needs to secure 270 votes.

Published 05 Nov, 2020 10:45am

Pakistan

China rejects India's remarks over Gilgit-Baltistan's provisional provincial status

The Chinese foreign ministry’s spokesperson says it is an issue left over from history between India and Pakistan

Published 05 Nov, 2020 10:33am

Exchange

'It's a joke': retail investors shocked as China halts Ant Group's IPO

China blocked the fintech giant's $37 billion listing on Tuesday, thwarting its debut in Hong Kong and Shanghai scheduled for Thursday and dealing a severe blow to the company founded by billionaire and Alibaba co-founder Jack Ma.

Published 05 Nov, 2020 10:22am

Business & Finance

Oil down 1% as U.S. dollar firms on bets of split White House, Senate

U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, or 1%, to $38.75 a barrel at 0141 GMT, while Brent crude futures dropped 41 cents, or 1%, to $40.82 a barrel. Both contracts had jumped around 4% on Wednesday.

Published 05 Nov, 2020 10:19am

Pakistan

Pakistan reports highest number of deaths since July

Country reported 26 deaths and 1,302 new cases.

Published 05 Nov, 2020 10:21am

Business & Finance

Indonesia sees first recession in over two decades as coronavirus hits

Indonesia’s first recession since the Asian financial crisis in 1998 - normally defined as two consecutive quarters of economic contraction - comes as the country has struggled to contain the coronavirus outbreak.

Published 05 Nov, 2020 10:16am

Business & Finance

Global wind energy set for five years of record growth: research

In total some 348 GW of new onshore and offshore capacity are expected by the end of 2024, which would take cumulative wind power capacity to almost 1,000 GW, GWEC said.

Published 05 Nov, 2020 10:13am

Business & Finance

Asia shares near three-year high, bonds hold gains on U.S. gridlock bets

The risk of a prolonged contested election remained, though the count was progressing in an orderly fashion with Democratic challenger Joe Biden narrowly ahead in key states.

Published 05 Nov, 2020 10:10am

Currency

Predictably unpredictable: lessons from the ‘sugar crisis’

In microeconomics, the cobweb theory explains why prices in certain markets – especially agriculture goods – may...

Updated 05 Nov, 2020 09:37am

BR Research

Hello, I am still here!

The rate of Covid-positivity on November 4, 2020 at 4.94 percent was highest in 91 days. The share of daily...

Published 05 Nov, 2020 08:18am

BR Research

Tic, toc, toc

In 1901 Benjamin Rowntree, a pioneering poverty researcher who was vehemently opposed to alcoholic beverages, went...

Published 05 Nov, 2020 08:18am

BR Research

Cement: Push-start profitability

Improved price retention, better inventory management, lower coal prices, reduced borrowing costs, and tighter purse...

Published 05 Nov, 2020 08:16am

Currency

Pakistan State Oil

Pakistan State Oil Limited is the country’s largest OMC and is engaged in marketing and distribution of all...

Published 05 Nov, 2020 07:25am

World

U.S. Supreme Court may not have final say in presidential election, despite Trump threat

The Trump campaign and other Republicans have also filed various complaints in other states, including an attempt to stop votes being counted in Michigan.

Published 05 Nov, 2020 04:14am

World

Biden says he expects to win the presidency

“After a long night of counting, it’s clear that we’re winning enough states to reach 270 electoral votes needed to win the presidency,” Biden said. “I’m not here to declare that we’ve won, but I am here to report that when the count is finished, we believe we will be the winners.”

Published 05 Nov, 2020 04:11am

Exchange

Qureshi underlines fraternal nature of ties with Bosnia

ISLAMABAD: Pakistan and Bosnia and Herzegovina have agreed to enhance bilateral cooperation in various fields...

Updated 05 Nov, 2020 04:12am

World

Biden foresees victory in U.S. election; Trump pursues suits, recount

Trump’s campaign asked to intervene in a pending U.S. Supreme Court case over whether Pennsylvania, another key state that was still working its way through hundreds of thousands of mail-in ballots, should be permitted to accept late-arriving ballots sent by Election Day.

Published 05 Nov, 2020 04:08am

Trade figures differ yet again

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) and the Ministry of Commerce have repeatedly differed on the...

Updated 05 Nov, 2020 04:10am

Exchange

EU lauds progress towards FATF action plan

ISLAMABAD: The European Union (EU) has lauded Pakistan’s progress towards meaningful implementation of the...

Updated 05 Nov, 2020 04:10am

Pakistan, Bosnia-Herzegovina ink MoUs

ISLAMABAD: Pakistan and Bosnia have agreed to improve the volume of trade between the two countries from existing ...

Updated 05 Nov, 2020 04:08am

Exchange

Body formed to deal with Rs1trn circular debt

ISLAMABAD: The Econ-omic Coordination Committee (ECC) of the Cabinet has formed a committee to prepare a proposal ...

Updated 05 Nov, 2020 04:08am

Currency

CPS-2021-25: ADB plans to give $10bn in fresh aid for uplift projects

ISLAMABAD: The Asian Development Bank (ADB) plans to provide Pakistan about $10 billion in fresh assistance for...

Updated 05 Nov, 2020 04:08am

CPEC JWG reviews projects under $1bn Chinese grant

ISLAMABAD: The Joint Working Group (JWG) on Socioeconomic Development under the China-Pakistan Economic Corridor...

Updated 05 Nov, 2020 04:08am

Exchange

Hafeez stresses need for ‘coherent’ wheat MSP

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday held a virtual meeting with...

Updated 05 Nov, 2020 04:08am

Stocks

US stocks end solidly higher in post-election surge

The Dow Jones Industrial Average climbed 1.3 percent to finish at 27,847.66, rising for a third straight session.

Updated 05 Nov, 2020 03:13am

Cotton

Accelerating growth and employment

Things are on the upswing for Pakistan’s economy. The government’s efforts have proved to be instrumental in not...

Published 05 Nov, 2020 02:53am

Pakistan

European Union funded projects reviewed

ISLAMABAD: Makhdum Khusro Bakhtyar, the Minister for Economic Affairs chaired a high-level Portfolio Review Meeting...

Published 05 Nov, 2020 02:53am

1QFY21 closed with 1.1pc budget deficit

ISLAMABAD: The federal government has closed the first quarter of the current fiscal year (July-September 2020) with...

Published 05 Nov, 2020 02:53am

Pakistan

The Weather

KARACHI: The weather report on Wednesday (November 4, 2020) and the forecast for Thursday (November 5, 2020)....

Published 05 Nov, 2020 02:53am

Pakistan

Presidential reference: Judges release dissenting notes

ISLAMABAD: Two judges of the court apex find allegations against Justice Qazi Faez Isa in the presidential reference...

Published 05 Nov, 2020 02:53am

Opinion

Fear and poverty

Poverty of a nation or a people cannot be attributed to denials from Providence or hardships of circumstances. It is...

Published 05 Nov, 2020 02:53am

Opinion

Future US participation in Paris agreement rests on election

Whatever the outcome of the presidential election, the United States will leave the Paris accord on Wednesday,...

Published 05 Nov, 2020 02:53am

Pakistan

Prof Nizam ul Hasan passes away

KARACHI: One of the senior most child specialists of the country, Prof Nizam ul Hasan passed away here on Wednesday,...

Published 05 Nov, 2020 02:53am

Pakistan

IoBM holds ICIBF-2020: Dr Ishrat elaborates on distinct advantages of Islamic Banking

KARACHI: Dr Ishrat Hussain, Advisor to the Prime Minister on Institutional Reforms and Austerity, was the chief ...

Published 05 Nov, 2020 02:53am

Pakistan

Beaconhouse launches education tech platform for 200 schools

KARACHI: Beaconhouse, Pakistan has introduced education technology platform for 200 schools and over 100,000 ...

Published 05 Nov, 2020 02:53am

Technology

TPL Trakker launches TrakkerPro

KARACHI: Delivering on its commitment to continuous innovation, TPL Trakker, Pakistan’s leading IoT Company, has...

Published 05 Nov, 2020 02:53am

Pakistan

Haleeb Foods join hands with Pink Ribbon

LAHORE: Haleeb Foods (HFL) has always been on the forefront when it comes to health and well-being of its employees...

Published 05 Nov, 2020 02:53am

Pakistan

BoP, Engro Fertilizers launch warehouse receipt financing project

LAHORE: To address the food security challenges of Pakistan, Bank of Punjab and Engro Fertilizers Limited have...

Published 05 Nov, 2020 02:53am

Pakistan

Punjab most secure province for investors: Buzdar

LAHORE: Chief Minister Sardar Usman Buzdar said on Wednesday that Punjab is the most secure province for investors,...

Published 05 Nov, 2020 02:53am

Pakistan

PPP supports farmers’ demands: Ch Manzoor

LAHORE: Pakistan Peoples Party (PPP) Punjab General Secretary Ch Manzoor Ahmed has said that the PPP fully supports...

Published 05 Nov, 2020 02:53am

Pakistan

Punjab reports 303 fresh corona cases, eight deaths

LAHORE: Punjab has reported 303 fresh coronavirus cases and eight deaths during the last 24 hours taking the...

Published 05 Nov, 2020 02:53am

Pakistan

Firdous vows to thwart designs of enemies

LAHORE: Special Assistant to Punjab Chief Minister on Information Dr Firdous Ashiq Awan has said that under the ...

Published 05 Nov, 2020 02:53am

Pakistan

G-B polls: Maryam to start campaign from today

LAHORE: Pakistan Muslim League-Nawaz vice-president Maryam Nawaz is all set to launch her party’s campaign for...

Published 05 Nov, 2020 02:53am

Pakistan

Housing sector revival termed ray of hope for lower middle class

ISLAMABAD: The revival of pro-poor housing facilities under Prime Minister Imran Khan’s “Naya Pakistan”...

Published 05 Nov, 2020 02:53am

Pakistan

Karachi Mega Projects: Murad orders release of Rs2.3bn

KARACHI: Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting on Karachi Mega Projects directed the...

Published 05 Nov, 2020 02:53am

Pakistan

Daniel Pearl murder case: SHC seeks report on petition challenging detention of accused

KARACHI: Sindh High Court (SHC) on Wednesday ordered the Sindh Home Department to furnish a comprehensive report on ...

Published 05 Nov, 2020 02:53am

Pakistan

China acknowledges major progress made through CPEC projects

BEIJING: Chinese foreign ministry spokesperson said on Wednesday that seven years after the launch of China Pakistan...

Published 05 Nov, 2020 02:53am

Opinion

PARTLY FACETIOUS: PM should follow Western democratic model

“The Khan keeps saying that he has spent a long time in the West and therefore…” “Yes, yes – he went to...

Published 05 Nov, 2020 02:53am

Pakistan

PHC extends bail of Safdar

PESHAWAR: The Peshawar High Court (PHC) on Wednesday extended the bail of PML-N leader and husband of Maryam Nawaz...

Published 05 Nov, 2020 02:53am

Pakistan

SHC orders issuance of notice to PBS

KARACHI: Sindh High Court (SHC) Wednesday ordered to issue notice to Pakistan Bureau of Statistics (PBS) to file...

Published 05 Nov, 2020 02:53am

World

S Arabia to ease restrictions on foreign workers

RIYADH: Saudi Arabia said Wednesday it will ease key restrictions on millions of foreign workers, under reforms to...

Published 05 Nov, 2020 02:53am

World

Italy to enforce curfew as Europe tries to stem virus surge

ROME: Italian officials agreed on Wednesday to impose a night-time curfew, joining a slew of European nations in...

Published 05 Nov, 2020 02:53am

World

EU launches sanctions against Belarus leader Lukashenko

BRUSSELS: The EU on Wednesday launched a procedure to sanction Belarus President Alexander Lukashenko, his son ...

Published 05 Nov, 2020 02:53am

World

Radio burst from within Milky Way may help solve cosmic mystery

PARIS: Astrophysicists have detected a burst of cosmic radio waves within our solar system for the first time and...

Published 05 Nov, 2020 02:53am

World

UAE opens consulate in Morocco-controlled Western Sahara

LAAYOUNE: The United Arab Emirates on Wednesday became the first Arab country to open a diplomatic mission in the...

Published 05 Nov, 2020 02:53am

World

Category 2 hurricane Eta batters Nicaragua

BILWI, (Nicaragua): Eta was downgraded to a Category 2 hurricane Tuesday even as it continued to pummel Nicaragua,...

Published 05 Nov, 2020 02:53am

World

12 dead in India factory blast

AHMEDABAD: At least 12 workers were killed Wednesday when part of a chemical warehouse collapsed following a ...

Published 05 Nov, 2020 02:53am

Technology

5G to launch in France this month

PARIS: The latest generation 5G phone networks have a green light to go live in France later this month, the ...

Published 05 Nov, 2020 02:53am

World

EU ministers agree to set up anti money laundering body

BRUSSELS: European Union finance ministers agreed on Tuesday to set up an EU body that would fight money laundering...

Published 05 Nov, 2020 02:53am

Technology

Turkey fines Facebook, others over new social media law

ANKARA: Turkey on Wednesday fined Facebook, Twitter and three other social media companies for failing to appoint a...

Published 05 Nov, 2020 02:53am

Pakistan

Vawda’s nationality: ECP submits record to IHC

ISLAMABAD: The Election Commission of Pakistan (ECP) Wednesday submitted the record before the Islamabad High Court...

Published 05 Nov, 2020 02:53am

Pakistan

Admin order: Palpa decides to move court

KARACHI: Pakistan Airline Pilots Association (Palpa) has decided to move the court against the admin order. 15/2020...

Published 05 Nov, 2020 02:53am

Pakistan

CDWP approves four projects

ISLAMABAD: The Central Development Working Party (CDWP) approved four projects at a cost of Rs3.69 billion and ...

Published 05 Nov, 2020 02:53am

Pakistan

G-B CEC accuses Bilawal of violating election code of conduct

ISLAMABAD: Chief Election Commissioner (CEC) Gilgit-Baltistan Raja Shehbaz Khan on Wednesday openly teamed up with...

Published 05 Nov, 2020 02:53am

Pakistan

Foreign Funding case: No deadline given by ECP to committee

ISLAMABAD: Although, the Election Commission of Pakistan (ECP) is ‘satisfied’ with the proceedings of Scrutiny...

Published 05 Nov, 2020 02:53am

Pakistan

President seeks policy for distant-education at the earliest

ISLAMABAD: President Dr Arif Alvi has asked the Higher Education Commission (HEC) of Pakistan to formulate policy ...

Published 05 Nov, 2020 02:53am

Pakistan

Covid-19: Minister says situation not too bad yet to close all educational institutes

ISLAMABAD: Federal Minister for Education Shafqat Mehmood on Wednesday said that the government was keenly observing...

Published 05 Nov, 2020 02:53am

Pakistan

Maryam arrives in G-B

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz will travel to Gilgit-Baltistan for ...

Published 05 Nov, 2020 02:53am

Exchange

Imran shares concern on rise of Islamophobia with Dzaferovic

ISLAMABAD: Prime Minister Imran Khan has shared his concern with Chairman of the Presidency of Bosnia and ...

Published 05 Nov, 2020 02:53am

World

Indian TV anchor’s arrest sparks outrage from govt

MUMBAI: A controversial Indian TV news anchor known for inflammatory right-wing rhetoric was arrested Wednesday in...

Published 05 Nov, 2020 02:53am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 05 Nov, 2020 02:53am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 05 Nov, 2020 02:53am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday...

Published 05 Nov, 2020 02:53am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 05 Nov, 2020 02:53am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (November 4,...

Published 05 Nov, 2020 02:53am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 05 Nov, 2020 02:53am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on...

Published 05 Nov, 2020 02:53am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ...

Published 05 Nov, 2020 02:53am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 05 Nov, 2020 02:53am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Wednesday (November 4, 2020). ========================== KIBOR...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 4, 2020). ========================...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 4, 2020). ========================...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price 1,155.0690...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Wednesday (November 4, 2020). ======================== Offer ...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Wednesday (November 4, 2020). ======================== Offer Price...

Published 05 Nov, 2020 02:53am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Wednesday (November 4, 2020). ======================== Offer ...

Published 05 Nov, 2020 02:53am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 05 Nov, 2020 02:53am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 05 Nov, 2020 02:53am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 05 Nov, 2020 02:53am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 05 Nov, 2020 02:53am

Exchange

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 05 Nov, 2020 02:53am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 05 Nov, 2020 02:53am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 05 Nov, 2020 02:53am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Wednesday (November 4, 2020). ==================================== ...

Published 05 Nov, 2020 02:53am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on...

Published 05 Nov, 2020 02:53am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Wednesday (November 4, 2020)...

Published 05 Nov, 2020 02:53am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 05 Nov, 2020 02:53am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Currency

THE RUPEE: Firmness prevails

KARACHI: On Wednesday, Pakistan Rupee, on market close, remained unchanged in open market against major currencies...

Published 05 Nov, 2020 02:53am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Wednesday (November 4, 2020). ======================== Bid ...

Published 05 Nov, 2020 02:53am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (November 4, 2020). ======================================= ...

Published 05 Nov, 2020 02:53am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 4, 2020)...

Published 05 Nov, 2020 02:53am

Exchange

LME official prices

LONDON: The following were Tuesday official prices....

Published 05 Nov, 2020 02:53am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Energy

Increase in tariff sought: Nepra set to hear Wapda’s petition on 12th

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is all set to hear tariff petition of Water and...

Published 05 Nov, 2020 02:53am

Commodities

US MIDDAY: Gold pares losses

NEW YORK: Gold pared losses after sliding over 1% on Wednesday as the dollar steadied and expectations that Democrat...

Published 05 Nov, 2020 02:53am

Energy

Oil rises 3pc

• Markets volatile as US election outcome unclear NEW YORK: Oil prices rose more than 3% on Wednesday after...

Published 05 Nov, 2020 02:53am

Cotton & Textile

Cotton eases

NEW YORK: ICE cotton futures edged lower on Wednesday on technical selling and harvest pressure, while market...

Published 05 Nov, 2020 02:53am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 05 Nov, 2020 02:53am

Stocks

Australian shares little changed, NZ up

SYDNEY/WELLINGTON: Australian shares ended little changed on Wednesday after sliding over 1% in the session, as...

Published 05 Nov, 2020 02:53am

Stocks

S&P futures climb

• Banks, construction companies rise on stimulus bets • Wall Street’s fear gauge hits one-week low • Ten ...

Published 05 Nov, 2020 02:53am

Stocks

Wednesday’s early trade: Top indexes move higher

NEW YORK: Technology stocks pushed Wall Street indexes sharply higher on Wednesday as an early vote count pointed to...

Published 05 Nov, 2020 02:53am

Stocks

China stocks rise

SHANGHAI: China stocks closed higher on Wednesday, underpinned by banking shares, as investors appeared to take in...

Published 05 Nov, 2020 02:53am

Stocks

European stocks jump

MILAN/FRANKFURT: European stocks closed with strong gains on Wednesday as investors unwound bets of a Democratic...

Published 05 Nov, 2020 02:53am

Stocks

Japan shares higher

TOKYO: Japanese shares rose on Wednesday as markets cautiously eyed the US presidential election results, while ...

Published 05 Nov, 2020 02:53am

Stocks

Saudi bourse leads most Gulf markets higher

DUBAI: Most Middle Eastern Markets ended higher on Wednesday mirroring gains in oil prices, after President Donald...

Published 05 Nov, 2020 02:53am

Cotton & Textile

Cotton market: Trading volume remains low due to cautious buying by mills

KARACHI: The local cotton market remained stable on Wednesday. Market sources told that mills were involved in...

Published 05 Nov, 2020 02:53am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 4, 2020)....

Published 05 Nov, 2020 02:53am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 176,646 tonnes of cargo comprising 117,031 tonnes of import cargo and 59,615 ...

Published 05 Nov, 2020 02:53am

Grains

Euronext wheat flat as firm trend in Chicago

PARIS: Euronext wheat consolidated for a second day on Tuesday as traders set a firm trend in Chicago and brisk...

Published 05 Nov, 2020 02:53am

Energy

US natural gas futures fall on milder weather

NEW YORK: US natural gas futures fell over 4% on Tuesday from a near 21-month high over the past few days on...

Published 05 Nov, 2020 02:53am

Exchange

KSE-100 Index retreats: BRIndex100 slips

KARACHI: Pakistan Stock Exchange Wednesday opened on a positive note, however failed to continue this momentum and...

Published 05 Nov, 2020 02:53am

Life & Style

AAJ PROGRAM SCHEDULE

Thursday, November 05, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 ...

Published 05 Nov, 2020 02:53am

Industry

Dawood for taking full benefit of industrial support package

ISLAMABAD: Prime Minister’s Advisor on Commerce and Investment Abdul Razak Dawood has urged export-oriented small,...

Published 05 Nov, 2020 02:53am

Editorials

Power tariff relief to fuel economic activity

EDITORIAL: Prime Minister Imran Khan flanked by five relevant federal ministers and one Advisor to the Prime ...

Published 05 Nov, 2020 02:53am

Editorials

India’s sole role in Afghanistan

EDITORIAL: The so-called Islamic State’s (IS’s) recent attack on Kabul University, which killed more than 20...

Published 05 Nov, 2020 02:53am

Commodities

US MIDDAY: Soyabeans rise

CHICAGO: Chicago soyabean futures gained on Wednesday, touching a one-week high as recent rains in South America do...

Published 05 Nov, 2020 02:53am

Commodities

Gold falls in Europe

LONDON: Gold pared losses after sliding over 1% on Wednesday as the dollar steadied and expectations that Democrat...

Published 05 Nov, 2020 02:53am

Commodities

Tokyo rubber plunges

TOKYO: Japanese rubber futures plunged nearly 9% on Wednesday, hitting a two-week low, as investors booked profits...

Published 05 Nov, 2020 02:53am

Commodities

Palm oil near 10-month high

KUALA LUMPUR: Malaysian palm futures closed at a near 10-month high on Wednesday, riding on estimates of lower...

Published 05 Nov, 2020 02:53am

Commodities

Copper rebounds

LONDON: Copper prices edged higher on Wednesday in volatile trading after touching their lowest levels in almost...

Published 05 Nov, 2020 02:53am

Industry

Covid-19 shutdown: General Tyre steadily on road to recovery: CEO

KARACHI: General Tyre has rebounded and is trying to recoup the losses it incurred due to Covid-19, announced the...

Published 05 Nov, 2020 02:53am

Industry

President HCCI lauds PM’s industrial support package

HYDERABAD: The President Hyderabad Chamber of Commerce and Industry (HCCI) Fahad Hussain Shaikh has lauded the bold...

Published 05 Nov, 2020 02:53am

Industry

Industries: 25pc cut on additional electricity bill a good omen: EFP President

KARACHI: Ismail Suttar, President Employers’ Federation of Pakistan (EFP), while citing the recent 25pc ...

Published 05 Nov, 2020 02:53am

Industry

All facilities to be provided to leather industry: Dawood

KARACHI: All possible facilities will be provided to the exporters associated with the leather industry so that the...

Published 05 Nov, 2020 02:53am

Industry

BoI team visits QCCI to discuss business impediments

ISLAMABAD: As part of roll out plan of the Ease of Doing Business (EODB) and the Pakistan Regulatory Modernisation...

Published 05 Nov, 2020 02:53am

Money & Banking

Soneri Bank signs agreement with AFS

KARACHI: Soneri Bank Ltd has signed an agreement with Advanced Financial Solutions (AFS) to facilitate the first ...

Published 05 Nov, 2020 02:53am

Currency

Riskier units recover in Europe

LONDON: The dollar gave up most of its gains and riskier currencies recovered on Wednesday as investors waited for ...

Published 05 Nov, 2020 02:53am

Currency

Early trade in New York:Dollar gains against basket of currencies

NEW YORK: The US dollar gained against a basket of currencies on Wednesday after Democrats looked unlikely to take...

Published 05 Nov, 2020 02:53am

Currency

Sterling volatile

LONDON: The British pound was volatile on Wednesday as investors waited for the outcome of the US presidential...

Published 05 Nov, 2020 02:53am

Currency

Aussie, kiwi slip

SYDNEY/WELINGTON: The Australian dollar fell 0.7% on Wednesday and its New Zealand counterpart also faltered in...

Published 05 Nov, 2020 02:53am

Currency

Weaker pound lifts FTSE 100

LONDON: London’s FTSE 100 jumped on Wednesday as a weaker pound boosted shares of exporters, although investors...

Published 05 Nov, 2020 02:53am

Commodities

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Tuesday, lifted by spillover strength in soyaoil, a rival vegetable ...

Published 05 Nov, 2020 02:53am

Commodities

Dalian coke hits contract high

MANILA: Dalian coke hit a contract high on Tuesday, buoyed by capacity cuts in key producing provinces in China,...

Published 05 Nov, 2020 02:53am

Commodities

CBOT corn futures higher

CHICAGO: Chicago Board of Trade corn futures ended higher on Tuesday on slower-than-expected harvest progress across...

Published 05 Nov, 2020 02:53am

Industry

Flydubai to launch first commercial service to Tel Aviv

DUBAI: Dubai budget airline flydubai said Wednesday it will start direct flights to Tel Aviv this month, the first...

Published 05 Nov, 2020 02:53am

Business & Finance

Canada trade deficit widens in September to Can$3.3bn

OTTAWA: Canada’s trade deficit widened in September to Can$3.3 billion (US$2.5 billion) as both exports and ...

Published 05 Nov, 2020 02:53am

Industry

US employment, services industry data point to slowing economic recovery

WASHINGTON: US private payrolls increased less than expected in October and activity in the services industry ...

Published 05 Nov, 2020 02:53am

Business & Finance

Eurozone economy on track for double-dip recession

LONDON: The eurozone’s economic recovery stalled last month as a second wave of coronavirus cases and restrictions...

Published 05 Nov, 2020 02:53am

Business & Finance

UK heading for double-dip recession

LONDON: Britain looks on course to enter a double-dip recession this winter, as business surveys show...

Published 05 Nov, 2020 02:53am

Taxes

KTBA urges FBR to grant general condonation of 60 days to taxpayers

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to grant general...

Published 05 Nov, 2020 02:53am

Cut in energy costs: SMEs, industrial sectors welcome govt’s decision

Industry

US Elections 2020

Biden leads but Trump challenges vote counts

WASHINGTON: President Donald Trump's campaign on Wednesday mounted challenges to vote counts in Wisconsin, which US...

Published 05 Nov, 2020 02:53am

World

Biden wins Wisconsin, in blow to Trump: US media

The Trump campaign has announced its intention to request a recount in the state, citing "reports of irregularities... which raise serious doubts about the validity of the result."

Published 05 Nov, 2020 01:41am

World

Biden at 248 electoral votes, Trump at 214: US media

Biden has captured 21 states including his home state Delaware and big prizes California and New York, as well as the US capital.

Updated 05 Nov, 2020 01:43am

World

California restores voting rights for felons on parole

Under Proposition 17, people on parole for felony convictions will be allowed to take part in elections once their state or federal prison term ends.

Published 05 Nov, 2020 01:14am

World

Maine Republican Collins holds US Senate seat in blow to Dems

"I just received a very gracious call from Sara Gideon conceding the race," said Collins, who had trailed for months in polling against her Democratic rival.

Published 05 Nov, 2020 01:08am

Currency	Rate
USD PKR Interbank Selling / Jun 29	278.37
USD PKR Interbank Buying / Jun 29	278.17
USD to Japanese Yen / Jun 29	161.79
USD to Swiss Franc / Jun 29	0.81
Pound Sterling to USD / Jun 29	1.32
Euro to USD / Jun 29	1.14
SOFR % / Jun 29	3.64

Stock	Volume
S&P 500 / Jun 26	7,354.02
Nasdaq / Jun 26	25,297.62
Dow Jones / Jun 26	51,876.11
India Sensex / Jun 29	76,794.03
Tokyo Nikkei / Jun 29	69,468.11
Hang Seng / Jun 29	23,074.24
FTSE 100 / Jun 29	10,505.10
Germany DAX 30 / Jun 29	24,727.86
France CAC40 / Jun 29	8,371.53

Item	Value
Crude Oil USD/Barrel / Jun 29	69.97
Karachi Cotton PKR/37.32 KG / Jun 29	17,780
Gold 10 Grams PKR / Jun 29	367,743
Gold Spot USD/Ounce / Jun 29	4,062.78
Cotton US¢/pound / Jun 29	77.27
Petrol/Litre / Jun 30	299.50
Diesel/Litre / Jun 30	311.47

Stock	Price
Blue-Ex Ltd / Jun 29 Blue-Ex Limited(BLUEX)	7.16 ▲ 1 (16.23%)
Ghani Chemworld Limited (R) / Jun 29 Ghani Chemworld Limited Right(GCWLR)	9.01 ▲ 1 (12.48%)
Pak Agro Pack. (GEM) / Jun 29 Pak Agro Packaging Limited (GEM)(GEMPAPL)	11.28 ▲ 1.03 (10.05%)
LSE Financial Serv. / Jun 29 LSE Financial Services Limited(LSEFSL)	23.38 ▲ 2.13 (10.02%)
Masood Tex.(Pref) / Jun 29 Masood Textile Mills Limited (Preference)(MSOTPS)	15.04 ▲ 1.37 (10.02%)
Bawany Air Products / Jun 29 Bawany Air Products Limited(BAPL)	30.67 ▲ 2.79 (10.01%)
First Tri-Star Mod. / Jun 29 First Tri-Star Modaraba(FTSM)	39 ▲ 3.55 (10.01%)
Ali Asghar / Jun 29 Ali Asghar Textile Mills Limited(AATM)	63.37 ▲ 5.76 (10%)
Ansari Sug. / Jun 29 Ansari Sugar Mills Limited(ANSM)	30.36 ▲ 2.76 (10%)
Al-Shaheer Corp / Jun 29 Al Shaheer Corporation Limited(ASC)	13.42 ▲ 1.22 (10%)

Stock	Price
UBLPakistanETF / Jun 29 UBLPakistan Enterprise ETF(UBLPETF)	31.71 ▼ -10.18 (-24.3%)
NBP PGETF / Jun 29 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	29.88 ▼ -5.58 (-15.74%)
First Fid. Leasing / Jun 29 First Fidelity Leasing Modaraba(FFLM)	20.05 ▼ -2.23 (-10.01%)
Buxly Paints / Jun 29 Buxly Paints Limited(BUXL)	226.55 ▼ -25.17 (-10%)
Zuma Resources / Jun 29 Zuma Resources Limited(ZUMA)	94.24 ▼ -10.47 (-10%)
TPL Trakker Ltd / Jun 29 TPL Trakker Limited(TPLT)	22.80 ▼ -2.53 (-9.99%)
Meezan PakistanXD / Jun 29 Meezan Pakistan ETF(MZNPETF)	19.88 ▼ -2.17 (-9.84%)
Data Agro / Jun 29 Data Agro Limited(DAAG)	87.15 ▼ -9.28 (-9.62%)
Leather Up Ltd. / Jun 29 Leather Up Limited(LEUL)	41.50 ▼ -4.41 (-9.61%)
Pak. P.V.C. / Jun 29 Pakistan PVC Limited(PPVC)	31.50 ▼ -3.19 (-9.2%)

Stock	Volume
Sitara Petroleum Service / Jun 29 Sitara Petroleum Service Limited(SPSL)	104,136,884 ▼ -1.03
WorldCall Telecom / Jun 29 Worldcall Telecom Limited(WTL)	73,717,757 ▼ -0.01
K-Electric Ltd. / Jun 29 K-Electric Limited(KEL)	50,957,377 ▼ -0.19
Pak Elektron / Jun 29 Pak Elektron Limited(PAEL)	29,046,218 ▲ 0.46
Ghani Chem. Ind. / Jun 29 Ghani Chemical Industries Limited(GCIL)	24,795,851 ▲ 1.61
B.O.Punjab / Jun 29 The Bank of Punjab(BOP)	23,149,737 ▼ -0.38
Service Long March / Jun 29 Service Long March Tyres Limited(SLM)	21,427,598 ▲ 0.15
Maple Leaf Cement / Jun 29 Maple Leaf Cement Factory Limited(MLCF)	20,772,975 ▼ -0.56
Oilboy Energy / Jun 29 Oilboy Energy Limited(OBOY)	19,775,407 ▲ 0.41
Pak Int.Bulk / Jun 29 Pakistan International Bulk Terminal(PIBTL)	18,655,206 ▼ -0.36