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Archive - 2020-11-11
Sindh reports 720 new COVID-19 cases
Pakistan

Sindh reports 720 new COVID-19 cases

Chief Minister Murad Ali Shah said 14 people died due to the virus bringing the provincial death toll to 2,704. With 449 people recovering from the virus since yesterday, the total number of recovered patients stands at 141,446.
Updated 11 Nov, 2020 06:49pm
TikTok says it filed challenge to Trump's divestiture order
Technology

TikTok says it filed challenge to Trump's divestiture order

President Donald Trump in an Aug. 14 order directed ByteDance to divest the app within 90 days, which falls on Thursday. The Trump administration contends TikTok poses national security concerns as the personal data of U.S. users could be obtained by China’s government. TikTok, which has over 100 million U.S. users, denies the allegations.
Published 11 Nov, 2020 05:42pm
Stocks up as vaccine shields against second-wave worries
Currency

Stocks up as vaccine shields against second-wave worries

  • MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% and Japan's Nikkei rose 1%, although most of the action was switching between sectors within markets, as investors shift from coronavirus winners into some of the hardest hit sectors.
Published 11 Nov, 2020 10:15am
PSDP: spend more!
BR Research

PSDP: spend more!

There hasn't been much movement in development spending of late. Latest data shows that as of November 6, Rs290...
Published 11 Nov, 2020 07:33am
Global trade after Biden
BR Research

Global trade after Biden

These are no ordinary times for global trade. If the last few years was dominated by Trump’s attack on global...
Published 11 Nov, 2020 07:32am
Byco 1QFY21 – a mixed bag
Currency

Byco 1QFY21 – a mixed bag

Byco Petroleum Limited (PSX: BYCO) has seen hideous times in FY20 as did the rest of the refining segment in the...
Published 11 Nov, 2020 07:32am
Exide Pakistan Limited
Mutual Funds

Exide Pakistan Limited

Exide Pakistan Limited (PSX: EXIDE) was set up as a private limited company in 1953. It was later listed on the...
Published 11 Nov, 2020 07:25am
'The people have spoken'
Letters

'The people have spoken'

This is apropos a Business Recorder op-ed "The people have spoken" carried by the newspaper yesterday. The writer,...
Updated 11 Nov, 2020 03:37am
Make me SC judge: Seth
Currency

Make me SC judge: Seth

ISLAMABAD: Peshawar High Court (PHC) Chief Justice Waqar Ahmed Seth has urge the Supreme Court to appoint him ...
Updated 11 Nov, 2020 03:24am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Tuesday (November 10, 2020) and the forecast for Wednesday (November 11, 2020)....
Updated 11 Nov, 2020 03:18am
European stocks up
Stocks

European stocks up

MILAN/FRANKFURT: European shares held near eight-month highs on Tuesday, riding a wave of optimism about a Covid-19...
Updated 11 Nov, 2020 03:17am
Gulf markets rally
Stocks

Gulf markets rally

• Saudi economy contracts 4.2pc in Q3, improves from Q2 • All real estate shares rise in Dubai's index •...
Updated 11 Nov, 2020 03:17am
Tokyo rubber falls
Commodities

Tokyo rubber falls

TOKYO: Japanese rubber futures fell on Tuesday, tracking the Shanghai market lower as euphoria waned over promising...
Updated 11 Nov, 2020 03:17am
New Xbox hits stores
Industry

New Xbox hits stores

TOKYO: Microsoft's new Xbox console hit stores worldwide Tuesday, kicking off a holiday season battle with Sony's...
Updated 11 Nov, 2020 03:14am
Iranian FM arrives

Iranian FM arrives

ISLAMABAD: Iranian Foreign Minister Dr Javad Zarif arrived here on a two-day official visit for holding talks with...
Published 11 Nov, 2020 02:53am
Bilawal welcomes COAS's action

Bilawal welcomes COAS's action

NAGAR: Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has welcomed the action taken by Army Chief...
Published 11 Nov, 2020 02:53am
Nawaz rejects inquiry report

Nawaz rejects inquiry report

ISLAMABAD: Former premier and Pakistan Muslim League-Nawaz Quaid Nawaz Sharif has "rejected" the inquiry report into...
Published 11 Nov, 2020 02:53am
ATC sends PML-N MPA to jail
Pakistan

ATC sends PML-N MPA to jail

LAHORE: An Anti-Terrorism Court (ATC) on Tuesday refused further physical remand of PML-N MPA Khawaja Imran Nazir ...
Published 11 Nov, 2020 02:53am
PM proposes 6-point Covid-19 strategy

PM proposes 6-point Covid-19 strategy

ISLAMABAD: Prime Minister Imran Khan has called for global initiative on debt relief for the poor countries in order...
Published 11 Nov, 2020 02:53am
IFEC-2020 to be held on 26th
Pakistan

IFEC-2020 to be held on 26th

KARACHI: The Professionals Network under the Knowledge Partnership of IBA-CEIF is organizing the 9th annual Islamic...
Published 11 Nov, 2020 02:53am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 11 Nov, 2020 02:53am
JLI MEESEQ Fund Rates
Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meesaq Fund Rates on Tuesday (November 10, 2020). ======================== Offer Price 1,168.7224 ...
Published 11 Nov, 2020 02:53am
JLI MANAGED TAKAFUL FUND
Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Tuesday (November 10, 2020). ======================== Offer Price...
Published 11 Nov, 2020 02:53am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Tuesday (November 10, 2020). ======================== Offer Price ...
Published 11 Nov, 2020 02:53am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 11 Nov, 2020 02:53am
Member to Member
Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Tuesday (November 10, 2020)....
Published 11 Nov, 2020 02:53am
Shipping Intelligence
Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 10, 2020)....
Published 11 Nov, 2020 02:53am
Lahore Paper Market Rates
Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Tuesday (November 10, 2020). ======================================= Offset...
Published 11 Nov, 2020 02:53am
Lahore Grain Market Rates
Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 10, 2020)...
Published 11 Nov, 2020 02:53am
Bullion Rates
Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 10, 2020)....
Published 11 Nov, 2020 02:53am
Asia's naphtha at 3-month low
Energy

Asia's naphtha at 3-month low

SINGAPORE: Asia's naphtha crack fell to more than a three-month low of $53.43 a tonne on Monday amid cracker outage...
Published 11 Nov, 2020 02:53am
Australian, NZ shares rise
Stocks

Australian, NZ shares rise

SYDNEY/WELLINGTON: Australian shares closed higher for a fourth straight session on Tuesday as progress in the...
Published 11 Nov, 2020 02:53am
Wall Street rallies
Stocks

Wall Street rallies

NEW YORK: The S&P 500 ended higher but closed just shy of a record on Monday as investors bet that a full...
Published 11 Nov, 2020 02:53am
China stocks lower
Stocks

China stocks lower

SHANGHAI: Chinese shares closed lower on Tuesday as glum data signalled a roadblock to the country's broader ...
Published 11 Nov, 2020 02:53am
Gold price slumps
Commodities

Gold price slumps

KARACHI: Gold price on Tuesday further slumped by Rs 2500 per tola on the local market, traders said. Thus, the...
Published 11 Nov, 2020 02:53am
Cotton Spot Rates
Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 10, 2020)....
Published 11 Nov, 2020 02:53am
CBOT corn futures higher
Commodities

CBOT corn futures higher

CHICAGO: Chicago Board of Trade corn futures edged higher on Monday on expectations that the US Department of...
Published 11 Nov, 2020 02:53am
Dollar edges up in Europe
Currency

Dollar edges up in Europe

LONDON: The dollar edged up on Tuesday and the yen stayed low, as investors remained optimistic about progress...
Published 11 Nov, 2020 02:53am
Sterling gains against euro
Currency

Sterling gains against euro

LONDON: Hopes that a coronavirus vaccine would put the British economy back on track pushed the pound 1% higher...
Published 11 Nov, 2020 02:53am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

NEW YORK: Gold regained some lost ground on Tuesday after a sharp fall in the previous session as concerns over...
Published 11 Nov, 2020 02:53am
US MIDDAY: Raw sugar falls
Commodities

US MIDDAY: Raw sugar falls

LONDON: ICE raw sugar futures fell on Tuesday as funds remained on the sidelines after pushing prices above 15 cents...
Published 11 Nov, 2020 02:53am
Gold recovers in Europe
Commodities

Gold recovers in Europe

LONDON: Gold regained some lost ground on Tuesday after a sharp fall in the previous session as concerns over global...
Published 11 Nov, 2020 02:53am
Gold jumps in Asia
Commodities

Gold jumps in Asia

SINGAPORE: Gold jumped more than 1% in Asian trade on Tuesday, following a sharp slide in the last session, as focus...
Published 11 Nov, 2020 02:53am
Dysfunctional departments
Editorials

Dysfunctional departments

EDITORIAL: It's been a while since the federal cabinet has been telling different ministries to fill over 100...
Published 11 Nov, 2020 02:53am
Macron holds first talks with Biden
Europe

Macron holds first talks with Biden

  • Macron has never met Biden, who served as vice president under Barack Obama from 2008-2016 before Macron arrived at the Elysee in 2017.
Published 11 Nov, 2020 01:12am
Erdogan congratulates Biden, thanks Trump
Europe

Erdogan congratulates Biden, thanks Trump

  • Erdogan's statement came a full three days after US media called the election in Biden's favour, underscoring the close personal bond the Turkish leader enjoyed with Trump.
Published 11 Nov, 2020 01:03am