News Archives for Latest - 2020-11-16

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Archive - 2020-11-16

Asia

Vamco hits Vietnam as Philippines death toll rises to 67

HANOI: Storm Vamco barrelled into Vietnam on Sunday, damaging buildings and injuring at least five people, as the...

Updated 17 Nov, 2020 03:16am

South Asia

India to fly in medical staff, ramp up testing amid rising cases

CHENNAI: India will fly doctors in from other regions, double the quantity of tests carried out and ensure people...

Updated 17 Nov, 2020 03:16am

Pakistan

PTI to form govt in G-B with independent candidates: Zartaj

Appearing in talk show of a private television channel, she said that people of Gilgit-Baltistan had rejected the opposition’s narrative in the recent elections.

Published 16 Nov, 2020 11:58pm

Pakistan

GB people reject politics of PPP, PML- N: Qureshi

Qureshi said by holding transparent election in the GB, the incumbent government laid the foundation for free and fair polls in the country.

Published 16 Nov, 2020 11:56pm

Pakistan

224 new corona cases reported in capital: NCOC

He advised the citizens to continue following the social distancing, use of mask and other precautionary measures to stop increasing local transmission of COVID-19 in the city.

Published 16 Nov, 2020 11:54pm

Pakistan

PTI to form govt in GB with simple majority: Sheikh Rashid

The minister said, GB people had rejected the negative and dirty politics of both the Pakistan Peoples’ Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) during the polls.

Published 16 Nov, 2020 11:52pm

Pakistan

Alvi for using modern techniques in special persons’ rehabilitation

He added that teachers would also have to be trained in this regard so as to enable them to teach the special children through modern techniques.

Published 16 Nov, 2020 11:50pm

Pakistan

Minister asks Opposition to accept defeat in G-B elections

He hoped that Pakistan Tehreek e Insaf (PTI) would be successful in forming the government in G-B, with the help of independent candidates.

Published 16 Nov, 2020 11:47pm

Pakistan

Cabinet approves up-gradation of Children Hospital: SACM

She said under the University of Child Health, three schools would be established i.e. School of Postgraduate Nursing, School of Allied Medical Sciences and School of Pediatric.

Published 16 Nov, 2020 11:44pm

Pakistan

GB elections held in peaceful, transparent manner: Ali Nawaz

He said the legislation should be made to introduce the electoral reforms to bring more transparency in election system.

Published 16 Nov, 2020 11:42pm

Pakistan

PM cancels Rashakai Economic Zone inaugural public meeting

The special assistant to the KP CM told that the NCC discussed the overall situation of the corona pandemic and preventive steps against it.

Published 16 Nov, 2020 11:40pm

World

WHO hails 'encouraging' Covid vaccine news, but says no 'time for complacency'

"This is a dangerous virus, which can attack every system in the body. Those countries that are letting the virus run unchecked are playing with fire," he said.

Published 16 Nov, 2020 11:38pm

Pakistan

Sharjeel Memon tested positive for COVID-19

After his test turned out to be positive, Memon went into isolation at his home while samples of all members had been sent to the laboratory for further investigation, sources added.

Published 16 Nov, 2020 11:35pm

Pakistan

PTI to form govt in G-B: Shibli

Minister for Kashmir Affairs Ali Amin Gandapur was in contact with the independent winning candidates, he said while talking to a private television channel.

Published 16 Nov, 2020 11:31pm

Pakistan

GB people reject opposition's narrative in elections: Murad Saeed

He said both the PPP and PML-N had ruled in GB, but they had not initiated development projects and schemes to bring change in the living standard of the masses of area.

Published 16 Nov, 2020 11:29pm

Pakistan

NAB seeks assets, tax details of Zardari family from FBR

NAB, under Anti Money Laundering Act 2010, sought out tax details of Asif Ali Zardari, his sister Faryal Talpur, brother-in-law Mir Munawar Ali Talpur, his son and party chairman Bilwal Bhutto Zardari, and his daughters Bakhtwar Bhutto Zardari and Aseefa Bhutto Zardari.

Updated 16 Nov, 2020 09:14pm

Commodities

Ivory Coast cocoa farmers concerned about early Harmattan winds

Farmers said most of the main cocoa crop would continue to leave farms until late January.
Around 41.2 millimeters (mm) rain fell last week in the region, 23.3 mm above the five-year average.

Updated 16 Nov, 2020 09:10pm

Pakistan

Gold price decrease Rs100 to Rs112,550 per tola

The price of per tola silver increased by Rs20.

Updated 16 Nov, 2020 09:03pm

Pakistan

Pakistan has become 'self-sufficient' in manufacturing COVID-19 related equipment

The Minister for Science and Technology Fawad Chaudhry has mentioned that Pakistan has become self-sufficient in manufacturing any COVID-19 related equipment, crediting the work of scientists, engineers and technicians across the country.

Updated 16 Nov, 2020 08:58pm

Stocks

US stocks jump on Moderna vaccine progress

The broad-based S&P 500 gained 0.7 percent to 3,611.49, while the tech-rich Nasdaq Composite Index advanced 0.5 percent to 11,890.44.

Published 16 Nov, 2020 08:52pm

Middle East

Bahrain FM to make first visit to Israel

Bahrain and its Gulf neighbour, the United Arab Emirates, both signed US-sponsored normalisation accords with Israel on September 15 at the White House.

Published 16 Nov, 2020 08:49pm

Stocks

Abu Dhabi leads most Gulf markets higher

Pharma company Moderna said on Monday its experimental vaccine was 94.5% effective in preventing the virus, which has ravaged economies across the globe.
Saudi Arabia's benchmark index rose 0.3%, with Al Rajhi Bank rising 1% and Dr Sulaiman Al-Habib Medical Services advancing 2.6%.

Published 16 Nov, 2020 07:50pm

Europe

UK in talks to access Moderna vaccine from spring 2021 at the earliest

Interim data from a late-stage trial indicated Moderna's vaccine was 94.5% effective in preventing COVID-19.
As part of the ongoing work of the Vaccines Taskforce, the government is in advanced discussions with Moderna to ensure UK access to their vaccine as part of the wider UK portfolio.

Published 16 Nov, 2020 07:48pm

Commodities

Copper hits 2-1/2 year high on upbeat China data

Three-month copper on the London Metal Exchange was up 2.1% to $7,128.50 a tonne in official trading.
The strong macro China data is giving copper another ride higher and it reinforces the view that China's demand recovery is holding its shape.

Published 16 Nov, 2020 07:45pm

Europe

EU says 'extremely late' for post-Brexit deal

For the UK, the EU must rescind on its hopes of keeping permanent wide access to British waters for European fisherman.

Published 16 Nov, 2020 07:46pm

Financial

China lines up banks for record euro-denominated government bond sale

The bonds will follow a similar move a year ago, which was the first time in 15 years China had issued euro-denominated government debt.
There has been quite a few deals recently from EM countries," the source close to the deal added.

Published 16 Nov, 2020 07:42pm

Middle East

Syria's foreign minister Walid Muallem dies

Muallem started his career in the diplomatic service in 1964. In 2012, he also became deputy prime minister.

Published 16 Nov, 2020 07:43pm

Companies

Indian drugmaker Biological E. starts human trials of COVID-19 vaccine candidate

The trial will test two doses of the vaccine in about 360 healthy subjects aged 18 to 65 years, Biological E. said.
India has reported 8.85 million confirmed cases of the virus - the second highest in the world,

Published 16 Nov, 2020 07:41pm

Energy

OPEC+ weighs further steps to support market, sees weaker compliance

OPEC+ scheduled to hike output in January by 2 million bpd.
Talks focusing on delaying increase further into 2021.
OPEC+ figures show weaker October compliance, source says.

Published 16 Nov, 2020 07:38pm

Financial

Yields rise on positive COVID-19 vaccine news

Moderna Inc's experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial.
It's great vaccine news but it's still not being distributed to the general public.

Published 16 Nov, 2020 07:35pm

Industry

US approval for 737 MAX return nears as challenges remain for Boeing

The FAA decision comes as other global regulators also move closer to decisions on allowing the plane to resume flights.
"I am very proud of that airplane," Calhoun said. "It is a remarkable machine and as safe as anything in the air."

Updated 16 Nov, 2020 07:35pm

Exchange

Rupee sheds 01 paisa against US dollar

The buying and selling rates of dollar were recorded at Rs157.5 and Rs158.5 respectively.

Published 16 Nov, 2020 07:12pm

Energy

Oil moves higher on latest COVID-19 vaccine progress

Moderna Inc says vaccine 94.5% effective on Covid-19.
OPEC+ compliance rate in Oct seen at 101%, sources say.
Libya output tops 1.2 million bpd, source says.
China crude throughput hits record in Oct, data shows.

Published 16 Nov, 2020 06:55pm

Commodities

Soybeans steady on Chinese demand, dry S. American crop belts

Soybeans steady, holding near highest since June 2016.
Strong Chinese demand, dry weather in S. America support prices.
Corn also firm, wheat eases

Published 16 Nov, 2020 06:53pm

Forex

Sterling edges down; Brexit negotiations in focus

The mood in markets was lifted by stronger-than-expected Chinese factory output and news that Moderna Inc said its experimental vaccine was 94.5% effective.
Broadly speaking, the risk-positive aspect of major markets is still there and I think that's going to help to support sterling.

Published 16 Nov, 2020 06:50pm

Commodities

Bangladesh issues first rice import tender in three years

The deadline to submit offers is Nov. 26, with validity up to Dec. 10. The rice is to be shipped within 40 days of signing a contract.
"I don't think the government will be able to tame prices that way. It should rather cut import duty on rice," a Dhaka-based trader said.

Published 16 Nov, 2020 06:48pm

Commodities

Gold slides 1pc after Moderna boosts vaccine race

Spot gold was down 0.7% to $1,875.71 per ounce.
Moderna became the second company in a week to report late-stage clinical trial results that exceeded expectations,

Published 16 Nov, 2020 06:43pm

Stocks

European shares highest in more than 8 months on Moderna vaccine optimism

STOXX 600 at highest since late-Feb.
Banking sector jumps to over 8-month high, BBVA leads.
Data shows surge in China retail sales in October.
Vodafone gains on strong earnings forecast.

Published 16 Nov, 2020 06:41pm

Industry

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Gulf debt issues surge amid weak oil prices
Aramco raised $12 billion with issue last year
Oil firm needs cash for dividends and to buy SABIC.

Published 16 Nov, 2020 06:39pm

Europe

Time is running out for Brexit deal, EU tells Britain

Britain and the EU have still not worked out how nearly $1 billion in trade per year will operate once Britain leaves a status quo transition arrangement on Dec. 31.
"It's getting terribly late and may be too late already," said a senior EU official, as talks between the bloc's negotiator Michel Barnier and his British counterpart.

Published 16 Nov, 2020 06:37pm

Pakistan

Sindh reports 848 new COVID-19 cases

Out of total 848 cases for past 24 hours, 592 belong to Karachi which makes about 69 per cent of all the cases emerging from the metropolis.

Updated 16 Nov, 2020 06:38pm

Money & Banking

ECB's De Cos says governing council should increase monetary accommodation

With the euro zone likely heading back into recession this quarter, the ECB has already said it would provide more stimulus in December.
Christine Lagarde said last week that this would be mainly be based on fresh emergency bond purchases

Published 16 Nov, 2020 06:35pm

Money & Banking

Brazil central bank's instant payments system 'PIX' goes live

PIX brings financial inclusion, competition in the financial system, and offers new products in addition to efficiency and security.
According to the central bank, more than 71 million "PIX" registrations have been opened for the service that will allow people and businesses.

Published 16 Nov, 2020 06:34pm

Commodities

Raw sugar climbs to 8-1/2 month high, cocoa also up

March New York cocoa rose $86, or 3.6%, to $2,451 a tonne.
Dealers said the prospect of a poor crop in France provided further support for prices.

Updated 16 Nov, 2020 06:34pm

Europe

Merkel eyes schools, contacts in tougher virus curbs push

Europe's biggest economy began a new round of shutdowns in November, closing restaurants, cultural venues and leisure facilities to curb transmission of Covid-19.

Published 16 Nov, 2020 05:52pm

Business & Finance

Korean Air to take over troubled Asiana Airlines for $1.6bn

Asiana reported operating losses of 268 billion won in the first six months of this year -- with its debts soaring to 11.5 trillion won.

Published 16 Nov, 2020 05:49pm

Europe

Macron says UN Security Council out of 'useful solutions'

Macron said "everybody is jointly responsible when some institutions become hostages of the crisis in multi-lateralism", such as WHO.

Published 16 Nov, 2020 05:46pm

World

Vaccine will not be enough to stop pandemic: WHO chief

The WHO's figures for Saturday showed that 660,905 coronavirus cases were reported to the UN health agency, setting a new high water mark.

Published 16 Nov, 2020 05:44pm

Europe

British PM self-isolates as US reels from virus surge

Global infections have soared past 54 million with more than 1.3 million deaths.

Published 16 Nov, 2020 05:42pm

Money & Banking

Spain's BBVA sells US unit for $11.6bn

BBVA posted a 2019 net profit of 3.5 billion euros, a 35 percent decline over the previous year which saw its results inflated by its subsidiary in Chile.

Published 16 Nov, 2020 05:38pm

Money & Banking

Qatar National Bank closes syndication of $3.5bn loan

QNB was planning to raise the loan to refinance an existing $3.5 billion debt facility raised in 2017 which matures next month.
The loan included a $2 billion three-year tranche and a $1.5 billion five-year tranche and will be used for general corporate purposes.

Published 16 Nov, 2020 05:38pm

Industry

Volkswagen to invest 1bn euros into Slovak plant

The investment will go into projects across the model range made in Slovakia and will create 2,000 jobs in the coming years,

Published 16 Nov, 2020 05:38pm

World

Moderna says its vaccine is 94.5% effective in preventing COVID-19

Together with Pfizer Inc’s vaccine, which is also more than 90% effective, and pending more safety data and regulatory review, the United States could have two vaccines authorized for emergency use in December with as many as 60 million doses of vaccine available this year.

Published 16 Nov, 2020 05:27pm

Stocks

Sri Lankan shares slip for third day as financials, consumer goods weigh

The benchmark stock index ended 0.09% lower at 6,076.92.
A 4.1% gain in conglomerate Hemas Holdings Plc curbed some losses in the benchmark index.

Published 16 Nov, 2020 05:34pm

Financial

Euro zone government bond yields fall, ECB in focus

Japanese economic growth beat records and forecasts , while output in China was stronger than expected.
Germany's benchmark 10-year Bund yield was down 1 basis point, after hitting a one-week low at -0.569%.

Published 16 Nov, 2020 05:32pm

World

Biden turns focus to US economy as Trump vows more legal challenges to election

Biden to address economy in Wilmington at 1:45 pm EST/1845 GMT.
Advisers to meet vaccine makers this week as transition advances.
Trump promises "big cases" showing election was unconstitutional.
Trump campaign drops major part of Pennsylvania vote lawsuit.

Published 16 Nov, 2020 05:29pm

Companies

EU regulator starts real-time review of Moderna's COVID-19 vaccine candidate

The European Medicines Agency's human medicines committee has started a "rolling review" of Moderna's mRNA-1273 vaccine candidate and is evaluating the first batch of data.
EMA's announcement comes a week after Switzerland began a real-time review of data from Moderna's vaccine candidate.

Published 16 Nov, 2020 05:26pm

Pakistan

NICVD postpones operations across Sindh after multiple COVID-19 cases

All scheduled operations have been canceled for a week at all centres of the NICVD across the province after emergence of a number positive coronavirus cases, says Head of Cardiac Surgery.

Published 16 Nov, 2020 05:24pm

Forex

Turkish lira weakens with central bank rate decision looming

A pledge from President Tayyip Erdogan for a new economic model provided further impetus for the currency.
The lira later weakened as much as 1% to 7.7575 from Friday's close of 7.6800. It stood at 7.7450.

Published 16 Nov, 2020 05:23pm

Pakistan

COVID-19 scare: Govt has decided to ban political rallies, public gatherings across country, says PM

Imran says he also cancelled his visit to Rashakai on November 21 where he was scheduled to inaugurate Rashakai Economic Zone

Updated 16 Nov, 2020 05:24pm

Commodities

Russian wheat-sowing regions in poor shape, depend on winter weather

Farmers in Russia, one of the world's largest exporters of the grain, have been sowing winter wheat in dry soil this year, increasing risks for the 2021 crop.
Despite some improvement in recent weeks, plants are still in a bad shape overall.

Published 16 Nov, 2020 05:20pm

Forex

Rouble soars as vaccine optimism outweighs COVID-19 fears

Rouble was 1.2% stronger against the dollar at 76.45, pulling away from a one-week low hit on Friday.
Brent crude oil, a global benchmark for Russia's main export, was up 3% at $43.08 a barrel.

Published 16 Nov, 2020 05:17pm

Money & Banking

Spain's BBVA exits US in $11.6bn deal with PNC

Sale to further consolidate US banking sector.
PNC will create bank with $560 bln in assets.
Speculation BBVA could use cash to buy a Spanish bank.
BBVA to handle wholesale banking from NY, keep broker.

Published 16 Nov, 2020 05:06pm

Middle East

Kingdom should refrain from "baseless allegations and hate-mongering", states Iranian Foreign Ministry

The Iranian Foreign Ministry responded to Saudi Arabia's call for global action against the regime, stating that the Kingdom should refrain from "baseless allegations and hate-mongering".

Updated 16 Nov, 2020 05:15pm

Technology

Spotify Might Soon be Launching in Pakistan

Spotify recently created a verified Instagram account for Pakistan, instilling hopes about its launch in Pakistan.

Published 16 Nov, 2020 04:49pm

World

US COVID-19 tally surpasses 11 million mark

The US recorded over one million new infections this past week alone, including 156,416 on Saturday, which marked the eleventh day in a row that the country recorded over 100,000 daily cases.

Updated 16 Nov, 2020 04:58pm

Middle East

Twitter suspends Iranian Oil Minister's Account

Twitter has suspended the official account of Iran's Oil Minister Bijan Namdar Zanganeh, citing that it violated the website's rules against impersonation.

Updated 16 Nov, 2020 04:41pm

Technology

KSA to provide free Wi-Fi service in Masjid-ul-Haram and Masjid-e-Nabawi

The Communications and Information Technology has started working with telecom officials to implement these measures.

Published 16 Nov, 2020 04:27pm

Pakistan

Gilgit Baltistan Election 2020: PTI ahead of other parties with 10 seats

As per unofficial results, Independent candidates managed to secure seven seats followed by PPP which bagged three seats. The PML-N won election on two seats

Updated 16 Nov, 2020 04:26pm

Pakistan

Pak-Qatar General Takaful join hands with HashMove; offers online Takaful coverage for cargo

This is the first time a Takaful Insurance company provides the digital coverage to the logistics businesses allowing them to conduct their export and import with full coverage. The companies aim to achieve at target of issuing at least 1000+ coverage / year to begin with.

Updated 16 Nov, 2020 04:22pm

Pakistan

Employment opportunities: PM approves setting up of National Job Portal

Jobs will be posted through a well-developed back end portal, which helps the employer in hiring the deserving candidates only on merit

Published 16 Nov, 2020 03:43pm

Business & Finance

India misses ‘fast lane of economic recovery’ without RCEP: Chinese media

The Regional Comprehensive Economic Partnership (RCEP) includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia, with members accounting for around 30 percent of global GDP.

Published 16 Nov, 2020 03:25pm

Pakistan

GB Elections: Bilawal announces to join protest

The PPP Chairman on Monday made the announcement via tweet which states: “My election has been stolen. I will be joining the people of Gilgit Baltistan in their protest shortly.”

Published 16 Nov, 2020 03:19pm

Pakistan

Court indicts former PM Shahid Khaqan Abbasi in LNG reference

Ex-finance minister Miftah Ismail and former PSO MD Imranul Haq are among 12 others who have also been indicted

Updated 16 Nov, 2020 03:13pm

Pakistan

Pakistan’s COVID-19 positivity rate climbs up to 7.21pc

The positivity rate, according to the official tally, climbed up to 7.21% on Sunday, the highest since July 22.

Published 16 Nov, 2020 02:56pm

Pakistan

Traffic plan issued amid ongoing TLP Islamabad sit-in

Several people were stuck in long queues of vehicles on major thoroughfares of the twin cities as the traffic gridlock piled misery on commuters.

Updated 16 Nov, 2020 02:32pm

World

'One heck of a ride': SpaceX launches astronauts into space

The 27-hour ride to the space station, an orbiting laboratory some 400 km above Earth, was originally scheduled to begin on Saturday. But the launch was postponed for a day due to forecasts of gusty winds — remnants of Tropical Storm Eta

Published 16 Nov, 2020 02:06pm

Pakistan

MEA's response on Pakistan's doc regarding India’s 'sponsorship of terrorism' rejected

the Dossier presented by Pakistan extensively documents India’s active planning, promoting, aiding, abetting, financing and execution of terrorist activities against Pakistan, says FO.

Updated 16 Nov, 2020 02:00pm

BR Research

RCEP Primer

The world’s largest free trade deal, the Regional Comprehensive Economic Partnership (RCEP) has been signed ...

Published 16 Nov, 2020 02:00pm

Pakistan

'Polls rigged': Gilgit Baltistan govt rejects PML-N's allegations

Firaq says the region's interim government provided equal level field to the political parties contesting the polls

Published 16 Nov, 2020 01:43pm

Exchange

Plugging leakages in trade

Long delays at the border, ambiguous regulations, excessive custom checks and a plethora of documentation...

Published 16 Nov, 2020 01:55pm

Business & Finance

Russian delegation arrives in Pakistan to discuss NSGPP

Pakistan and Russia are expected to finalize an agreement to start work on the over $2 billion North-South Gas Pipeline Project (NSGPP) in the first quarter of 2021 calendar year.

Published 16 Nov, 2020 01:52pm

No decision made on closure of schools: Punjab education minister

Punjab Education Minister said the next meeting will be on Monday for further review of the COVID 19 situation.

Updated 16 Nov, 2020 01:05pm

Technology

Xiomi unveils Mi 10T & Mi 10T Pro

Xiaomi's new phone is priced at $489 while the Mi 10T Pro is priced at $ 517.

Published 16 Nov, 2020 01:04pm

USA

Trump supporters flock to Washington, as violence erupts

Thousands of Trump supporters held a rally in Washington on Saturday, protesting the results of the Presidential Election; the aftermath of which was aggravated by false claims of voter fraud.

Published 16 Nov, 2020 12:43pm

Companies

Pakistan’s CCL Pharmaceuticals acquire UAE’s StratHealth Pharma

The acquisition of business by CCL will enhance its footprint to an attractive GCC region along side strengthening its consumer and OTC portfolio, read the company statement.

Published 16 Nov, 2020 12:39pm

Change of tactics: Pak Army gives befitting response, killing five Indian soldiers

India's BSF confirms the killings, saying posts in Kupwara, Baramulla and Bandipora districts were targeted

Published 16 Nov, 2020 12:32pm

Companies

OGRA in contravention with Petroleum Levy Ordinance 1961, Cabinet decision: SSGCL

However, the permissible practices are being discontinued vide issuing the notification of provisional prices for the month of August to November 2020 on 11 November 2020, informed the official.

Published 16 Nov, 2020 12:10pm

Exchange

Australia bourse halts trading on 'data issues' after shares hit eight-month high

The S&P/ASX 200 index .AXJO gained 1.3% at 6,487.30, its highest since March 8. The index was riding high on vaccine optimism that offset worries about fresh lockdowns globally and helped most Asian markets start the week on firm ground.

Published 16 Nov, 2020 11:27am

Technology

Privacy activist files complaints against Apple's tracking tool

It is the first such major action against the U.S. technology group in regards to European Union privacy rules.

Published 16 Nov, 2020 11:23am

Life & Style

Delayed 'Friends' reunion expected to film in March

HBO Max said earlier this year it hoped to film the reunion in the studio with a live audience.

Published 16 Nov, 2020 11:17am

Business & Finance

China's factory output beats forecasts as Asia shakes off COVID slump

Industrial production climbed 6.9% in October from a year earlier, data from the National Statistics Bureau showed on Monday, in line with September’s gain and faster than the 6.5% rise expected in a Reuters poll of analysts.

Published 16 Nov, 2020 11:20am

Business & Finance

Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb

Figures showing a rebound in the world’s second and third largest economies, China and Japan, also supported prices, along with data that Chinese refineries processed the most crude ever in October on a daily basis.

Published 16 Nov, 2020 11:18am

Exchange

Parent of BMW's Chinese JV partner may undergo bankruptcy restructuring

Huachen, owned by the government of Liaoning province, defaulted on a 1-billion-yuan ($151.88 million) bond last month, joining a growing number of delinquent state firms in a development that hit investor confidence and roiled China’s credit bond market.

Published 16 Nov, 2020 11:11am

Pakistan

Sindh CM Murad Ali Shah tests positive for coronavirus

He said he felt a mild fever on Friday.

Published 16 Nov, 2020 10:28am

Perspectives

Pakistan’s Archaic Approach to Addressing FATF Mandates

Pakistan’s struggle to remove itself from the list of jurisdictions under increased monitoring is yet to end. We ...

Published 16 Nov, 2020 10:24am

Afghanistan 'strongly rejects' Pakistan's claims on use of Afghan territory against it

It called for the appointment of an internationally competent delegation by the UNSC to examine the claims of the esteemed government of Pakistan seriously and responsibly.

Published 16 Nov, 2020 10:27am

Pakistan

Govt to decide on early, extended winter holidays today

NCOC has recommended early and extended winter vacations for students to reduce the impact of the novel virus.

Published 16 Nov, 2020 10:24am

World

British PM Johnson self-isolating after COVID-19 contact

Johnson, who was admitted to intensive care in a London hospital earlier this year with the novel coronavirus, is well and does not have any symptoms, a spokesman for the prime minister said.

Published 16 Nov, 2020 09:31am

BR Research

Reading Shabbar’s letter

Last week Shabbar Zaidi circulated an open letter over social media. Whilst it is not clear what exactly does the...

Published 16 Nov, 2020 08:21am

BR Research

Joe and the world

Many eminent scholars and experts have tried their hand at predicting what kind of a foreign policy the upcoming...

Published 16 Nov, 2020 08:19am

BR Research

Sugar prices: a never-ending joyride?

Another week, another increase. If Pakistan had a (functional) commodities futures market, its sugar index would be ...

Published 16 Nov, 2020 08:18am

BR Research

Crude oil – Covid reigns in prices

News about Covid-19 vaccine earlier last week offered a glimmer of hope and Brent crude oil rallied by over 8 ...

Published 16 Nov, 2020 08:18am

BR Research

Interview with Peter Hauggaard Nielsen, MD Ecolean Pakistan

“Pakistan is the easiest route to tap regional markets” Ecolean Pakistan is the regional subsidiary of Ecolean,...

Published 16 Nov, 2020 07:25am

Pakistan

A power-packed relationship refreshed

KARACHI: KFC Pakistan renewed its exclusive cold beverage partnership with Pepsico Pakistan for the next 5 years as...

Updated 16 Nov, 2020 04:34am

Pakistan

'PDM rally will be held at every cost in Peshawar'

PESHAWAR: The Media Committee of Pakistan Democratic Movement (PDM) on Sunday warned the government for creating...

Updated 16 Nov, 2020 03:16am

Pakistan

PHD reopens Corona Management Centre at Rawalpindi Institute of Urology

LAHORE: Due to rapidly increasing number of cases, Punjab Health Department (PHD) has reopened the Corona Management...

Updated 16 Nov, 2020 03:14am

Pakistan

Bilawal lauds G-B people's active participation in polls

ISLAMABAD: Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari Sunday said enthusiasm of people of...

Updated 16 Nov, 2020 03:14am

Pakistan

Kashmore tragedy: Governor inquires after health of minor girl in NICH

KARACHI: Sindh Governor Imran Ismail inquired the health of the victim of the Kashmore tragedy at the National...

Updated 16 Nov, 2020 03:12am

Pakistan

Workshops highlight seminary students' role in peace building

LAHORE: Seminary students, especially women, have a greater role in influencing public opinion and spreading peace...

Updated 16 Nov, 2020 03:09am

Afghanistan, India deny allegations

KABUL: Kabul and New Delhi on Sunday denied Pakistan's accusations that India was funding "terror" groups and...

Updated 16 Nov, 2020 03:08am

UAE widens 10-year residency 'golden' visa eligibility

DUBAI: The United Arab Emirates will extend its "golden" visa system - which grants 10-year residency in the Gulf...

Updated 16 Nov, 2020 03:07am

Doctor hailed as hero as Romania hospital fire kills 10

BUCHAREST: A doctor left badly burned in a Romanian hospital fire that left 10 dead was hailed as a hero on Sunday...

Updated 16 Nov, 2020 03:07am

Erdogan visits N Cyprus, calls for two-state solution for island

ISTANBUL: Turkish President Tayyip Erdogan called for an equal "two-state" solution in Cyprus during a visit on...

Updated 16 Nov, 2020 03:07am

Pakistan

Sharjeel inaugurates 'bachat bazar' in Hyderabad

HYDERABAD: MPA Sharjeel Inaam Memon has said on the directives of Sindh chief minister it was decided to provide...

Updated 16 Nov, 2020 03:07am

Pakistan

'Illegally' occupying house: ACE Punjab arrests PML-N ex-minister

LAHORE: Ahead of the Pakistan Democratic Movement (PDM) rally in Multan, the Anti-Corruption Establishment (ACE)...

Updated 16 Nov, 2020 03:06am

Life & Style

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...