News Archives for Latest - 2020-12-19

Pakistan

More areas in Peshawar to go under lockdown as city’s positivity rate hits 9.3%

A lockdown will be imposed in Bashirabad’s Mohallah Mohalla Aziz Khan, Railway Colony and Falcon Colony Complex from 6pm today.
All shops, excluding those dealing in essential commodities, will stay closed in the areas.

Updated 21 Dec, 2020 11:16am

Europe

UK says new coronavirus strain is more infectious, but vaccines should still work

There's no evidence that it causes more severe illness or higher mortality.
Although there's considerable uncertainty, it may be up to 70% more transmissible than the old variant, the original version of the disease.

Published 19 Dec, 2020 11:47pm

USA

Trump downplays impact of massive breach of government computer systems

"The Cyber Hack is far greater in the Fake News Media than in actuality," Trump said.
"We can say pretty clearly that it was the Russians that engaged in this activity," said Secretary of State Mike Pompeo.

Published 19 Dec, 2020 11:43pm

Pakistan

Dr Firdous expresses satisfaction over performance of land record centres

She said that the government would expand the the land revenue computerization network to union council level across Punjab for facilitating people.

Published 19 Dec, 2020 09:03pm

Pakistan

OGRA refutes editorial contents about fuel-shortage inquiry report

“The contents of the inquiry report are yet to be proved with sustainable evidence, a matter is still sub-judice in the Lahore High court (LHC),” he said in a press statement.

Published 19 Dec, 2020 09:02pm

Pakistan

Kamran inaugurates water filtration plants

Kamran Bangash said that establishment of water filtration plants will facilitate and save the people of the area from different diseases.

Published 19 Dec, 2020 09:00pm

Pakistan

Prices of vegetables reduction from 26 to 77pc in Faisalabad

He said that prices of other seasonal vegetables have also come down significantly as compared to their prices last month.

Published 19 Dec, 2020 08:58pm

Pakistan

Govt. takes practical steps for establishment border trade market on Pak-Iran border

Federal Minister Zubaida Jalal said bilateral trade and economic activities would also increase significantly.

Published 19 Dec, 2020 08:56pm

Pakistan

Gandapur condemns indian aggression at LoC

In a statement, issued here, he said targeting the United Nations Military Observers is the height of Indian brutality and madness.

Published 19 Dec, 2020 08:54pm

Pakistan

Weather, living conditions main cause of deteriorating Covid-19 situation: Dr. Faisal

If the people were careful, the war against Covid-19 could be won quickly, otherwise government would be forced to take tough decisions, he said.

Published 19 Dec, 2020 08:53pm

Pakistan

Frustration mongering elements destined to fail as country on road to prosperity: Shibli

Special Aide to Prime Minister on Petroleum Nadeem Babar had torn apart the lies of PML-N leader in the debate, he said.

Published 19 Dec, 2020 08:51pm

Pakistan

COVID-19 claims 17 more lives, infects 1120 others

This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here from CM House on Saturday.

Published 19 Dec, 2020 08:50pm

Pakistan

Tea imports increase 26.72pc in 5 months

The overall food imports into the country increased by 44.53 percent from $2088.960 million last year to $3019.072 million during the current fiscal year.

Published 19 Dec, 2020 08:47pm

Pakistan

Gold prices increase Rs.150 to Rs112,450 per tola

Likewise, the price of ten gram gold also increased by Rs. 128 and was sold at Rs. 96,408 compared to Rs. 96,280 while 10 gram 22 karat gold was sold at Rs. 88,374

Published 19 Dec, 2020 08:46pm

Pakistan

Inflation major challenge, not any movement: Swati

He said that a comprehensive business plan for early revival of the railways would be introduced; however, he added that reforms always took time to produce results.

Published 19 Dec, 2020 08:45pm

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Saturday.

Published 19 Dec, 2020 08:42pm

Pakistan

Bullion prices on Saturday

Following were the bullion prices in Karachi on Saturday.

Published 19 Dec, 2020 08:41pm

Pakistan

Christians playing vital role in country’s uplift: Chohan

He said that the government treated all minority citizens as equal citizens of Pakistan and undertook steps to empower them.

Published 19 Dec, 2020 08:39pm

Pakistan

Minister promises all healthcare facilities even in far-flung areas

The meeting was called to review the upgradation status of the basic health units (BHUs) to 24/7 model as well as progress of work under the prime minister health initiative.

Published 19 Dec, 2020 08:38pm

Pakistan

All energy expensive contracts signed by PML-N, PPP: Omar

The minister said, “PTI inherited a wrecked economy left by PML-N and their lies stand exposed”.

Published 19 Dec, 2020 08:35pm

Middle East

Boycotting Israeli settlements is antisemitic, says US envoy

On Friday, the United States' Special Envoy on combating antisemitism stated that anti-Zionism is a form of antisemitism.
The diplomat suggested that the Palestinian-led boycott, also known as the Boycott, Divestment and Sanctions Movement, is inherently bigoted as it targets Israel while ignoring other countries that abuse human rights - an argument dismissed by Palestinian advocates as a form of "whataboutism".

Published 19 Dec, 2020 07:42pm

Europe

UK discusses action after confirmation new COVID strain spreads more quickly

The government said on Monday that a rise in infections across London and southeast England might be linked to a new, more transmissible variant of the virus.

Published 19 Dec, 2020 07:17pm

Pakistan

CJCSC witnesses Pakistan-China Joint Air exercise

The exercise is intended to further enhance interoperability of both Air Forces and has provided an excellent opportunity to learn from each others’ experience, says ISPR.
Chairman JCSC lauded the professionalism of the participants and appreciated the efforts of PAF and People’s Liberation Army Air Force in conducting a bilateral exercise in a befitting manner.

Updated 19 Dec, 2020 07:17pm

World

NATO checking systems after US cyberattack

The NATO official said the Belgium-headquartered organisation used SolarWinds software in some of its systems.

Published 19 Dec, 2020 07:13pm

Europe

Italy under new restrictions over Christmas, New Year

This means people will be allowed to leave their homes only once per day to visit friends or relatives and travel between regions will be banned.

Updated 19 Dec, 2020 07:13pm

Europe

New COVID-19 strain spreads more quickly, UK medical chief says

“As announced on Monday, the UK has identified a new variant of Covid-19 through Public Health England’s genomic surveillance,” Whitty said in a statement.

Updated 19 Dec, 2020 06:51pm

Five rockets fired at US air base in Afghanistan

"Rockets were fired towards Bagram Airfield this morning. Initial reporting is there were no casualties and the airfield was not damaged," the official said.

Updated 19 Dec, 2020 06:28pm

Europe

Nine people killed in hospital fire in southeast Turkey

Two prosecutors in the province were commissioned to investigate the cause of the explosion, the local prosecutor’s office said.

Updated 19 Dec, 2020 06:28pm

Europe

See each other by video call this Christmas, Merkel tells Germans

“Women and men stationed far away from home to ensure our security know what it means to have limited contact with loved ones,” Merkel said in her weekly video podcast.

Updated 19 Dec, 2020 06:28pm

Pakistan

Iran, Pakistan open Rimdan-Gabd cross-border gateway

The crossing would help accelerate economic activities in the bordering region with creating more opportunities for expanding economic and trade ties between the two countries.
The border crossing point between Rimdan in Iran’s southeastern Sistan province and Gabd in Pakistan’s Balochistan province is located about 120 kilometers from the Iranian port of Chabahar and 70 kilometers from Pakistan’s port of Gwadar.

Published 19 Dec, 2020 06:18pm

Europe

UK ministers discuss COVID-19 concern amid rise in cases

"Failing to act decisively now, will mean further suffering. We must keep asking ourselves 'are we doing enough, are we acting quickly enough'."

Updated 19 Dec, 2020 06:16pm

Technology

Pakistani developers top global JavaScript Speed Coding Challenge

As many as 2,000 coders and developers from a total of 137 countries participated in the challenge.
India fielded the highest number of participants with 251, while 128 participants from Pakistan took part in the challenge.

Published 19 Dec, 2020 06:04pm

Pakistan

FM's visit to UAE will help further strengthen bilateral ties in diverse fields: FO

“During the visit of the Foreign Minister, the two sides acknowledged Pakistani community’s positive contribution to the UAE’s success story.”
The Emirates is home to 1.2 million Pakistanis, which is the second largest host to overseas Pakistanis worker after Saudi Arabia.

Published 19 Dec, 2020 05:43pm

USA

Biden to introduce team tasked with ambitious climate agenda on Saturday

The climate team will be formally introduced in Biden’s home state of Delaware on Saturday, during a press briefing where he’s expected to tease further details of his climate plan.

Published 19 Dec, 2020 05:25pm

Sports

Benetton v Agen Challenge Cup game cancelled due to COVID-19 cases

An EPCR match result resolution committee will now determine the outcome of the game, in line with the competition's COVID-19 protocols.

Published 19 Dec, 2020 05:19pm

Europe

French President Macron's condition is 'stable', presidency says

Macron said on Friday he was doing fine a day after testing positive for COVID-19, but was working at a slower pace than usual outside Paris.

Published 19 Dec, 2020 05:14pm

Sports

Ferrari's Binotto targets return to F1 top three after dire 2020

Binotto said Ferrari could hope for a much better 2021, even if the gap to champions Mercedes was still too great.

Published 19 Dec, 2020 05:10pm

Sports

Start of Australian Open confirmed for Feb. 8

After quarantine there will be men's and women's warm-up events in Melbourne to allow players some match practice before the start of the Grand Slam.

Updated 19 Dec, 2020 05:13pm

USA

Trump signs stopgap government funding bill to avoid midnight shutdown: White House

U.S. President Donald Trump on Friday signed into law a two-day stopgap extension of existing federal funds to avoid a midnight government shutdown.

Published 19 Dec, 2020 04:57pm

World

Canada regulator expects to complete Moderna COVID-19 vaccine approval in coming weeks

Health Canada said it cannot provide a definite timeline for the vaccine approval but expects the process to be completed in the coming weeks.

Published 19 Dec, 2020 04:54pm

Financial

Philippine central bank maintains 2pc to 4pc inflation target through 2024

"The assessment of factors that could influence inflation suggests manageable inflation environment over the near term," the central bank said.

Published 19 Dec, 2020 05:05pm

Sports

Glasgow vs Edinburgh PRO14 game postponed due to COVID-19

Glasgow's Champions Cup game against Lyon on Saturday had already been cancelled, with the French side handed a 28-0 victory and five match points.

Published 19 Dec, 2020 05:00pm

Pakistan

UN confirms attack on its vehicle near Rawalakot, says investigating incident

“The Mission is currently investigating the incident,” says Deputy Spokesman Farhan Haq.
“UNMOGIP personnel and the driver were not harmed but the vehicle sustained some damage,” says the spokesman.

Published 19 Dec, 2020 05:03pm

Europe

Germany's confirmed coronavirus cases rise by 31,300

The reported death toll rose by 702 to 25,640, the tally showed.

Published 19 Dec, 2020 04:49pm

Pakistan

30pc additional LNG procured at cheapest-ever price for January: Spokesperson

“Pakistan will be moving 30 percent more LNG molecules in this January compared to January 2018, at the cheapest ever price of $6.34 [per MMBTU]for a peak winter month,” the spokesperson said in a weekly press statement.

Published 19 Dec, 2020 04:49pm

Sports

Wolves need to rebalance squad with Jimenez sidelined, says Nuno

"The transfer window is a window of opportunity for all the clubs to rebalance their squads. It can be players coming in, or players going out. We are ready to react if that is the case."

Published 19 Dec, 2020 04:48pm

Pakistan

Swati vowes to run railways on modern lines

He was addressing the officers during his first visit to the Pakistan Railways (PR) Headquarters here. Swati said there were flaws in management, automation system and techniques in the department.

Published 19 Dec, 2020 04:38pm

Pakistan

Hate speech case: Karachi court sends MNA Ali Wazir on physical remand till Dec 30

The lawmaker from South Waziristan and five other accused were presented before the court today.
The MAN was taken into custody by the Peshawar Police on the request of the Karachi Police.

Published 19 Dec, 2020 04:26pm

World

WHO says its coronavirus vaccine programme has secured 2 billion doses

The huge vaccine reservoir means that COVAX, a 190-country international programme that seeks to ensure all countries have equal access to coronavirus vaccines, can plan to start delivering the shots in the first quarter of 2021.

Published 19 Dec, 2020 04:28pm

Pakistan

Ehsaas Sarprast programme for deserving widows women

As many as 580 elderly people have been registered across Multan district including 162 from Multan city, 96 tehsil sadar, 157 from Shujabad and 165 from Tehsil Jalalpur through four centres so far.

Published 19 Dec, 2020 04:28pm

Technology

Atlas Group Invests in Integration Xperts' Cloud Solutions Business

Integration Xperts announced a strategic investment by Atlas Group in its technology business.

Published 19 Dec, 2020 04:27pm

World

Swiss authorise Pfizer/BioNTech Covid-19 vaccine

"After a meticulous review of the available information, Swissmedic concluded that the Covid-19 vaccine from Pfizer/BioNTech is safe and that its benefit outweighs the risks," the body said in a statement.

Published 19 Dec, 2020 04:26pm

Europe

Swiss drugs regulator authorises Pfizer/Biontech COVID-19 vaccine

"The data available to date showed a comparable high level of efficacy in all investigated age groups, thus meeting the safety requirements," it said on its website.

Updated 19 Dec, 2020 04:24pm

Asia

Malaysia to receive first batch of Pfizer vaccine in February

Under the deal, Pfizer will deliver the first one million doses in the first quarter of 2021, with 1.7 million, 5.8 million and 4.3 million doses to follow in subsequent quarters.

Published 19 Dec, 2020 04:06pm

Sports

Kohli confident India will bounce back from batting nightmare

The visitors were skittled for a humiliating 36 in their second innings -- their lowest Test score of all time -- to lose the day-night game in Adelaide by eight wickets inside three days.

Published 19 Dec, 2020 04:19pm

South Asia

South Korea fears for COVID-19 patients amid sickbed shortage

The Korea Disease Control and Prevention Agency (KDCA) reported 1,053 infections of the new coronavirus, a record fourth consecutive day of more than 1,000 cases.

Published 19 Dec, 2020 04:15pm

USA

China says tailed U.S. warship in Taiwan Strait

The U.S. Navy said the guided missile destroyer USS Mustin had conducted “a routine Taiwan Strait transit (on) Dec. 19 in accordance with international law”.
China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel throughout.

Published 19 Dec, 2020 04:17pm

World

Sydney to Hobart yacht race cancelled after coronavirus outbreak: official

The 628-nautical mile (1,163-kilometre) bluewater classic was due to start on Boxing Day, but with parts of Sydney being locked down after a new cluster of Covid-19 cases, it was cancelled.

Published 19 Dec, 2020 04:16pm

South Asia

Thailand reports jump in local coronavirus infections linked to shrimp market

The cases started with a 67-year-old woman, who sells shrimp in the market, who was confirmed to have the infection before three of her family also tested positive.

Published 19 Dec, 2020 04:13pm

Pakistan

Pakistani cardiologists capable to conduct heart transplant: Expert

Head of Cardiology Department, Nishtar Medical University (NMU), Dr Haroon Aziz Khan Babar told APP on Saturday that Pakistani medics were among the best medical practitioners of the world and has the ability to transplant heart if funds were provided as the treatment is so costly.

Published 19 Dec, 2020 04:13pm

Europe

Russia's COVID-19 deaths surpass 50,000

Authorities also reported 28,209 new coronavirus cases in the last day, including 6,459 in Moscow, bringing the national tally to 2,819,429.

Published 19 Dec, 2020 04:11pm

South Asia

India hits 10 million coronavirus cases but pace slows

India exceeded 10 million infections of the new coronavirus on Saturday, much later than predicted only a month ago as the pace of infections slows, despite many in the country giving up on masks and social distancing.
After hitting a peak of nearly 98,000 daily cases in mid-September, daily infections have averaged around 30,000 this month.

Published 19 Dec, 2020 04:07pm

Sports

Australia rout India by eight wickets to take 1-0 series lead

"It's very hard to put (my) feelings into words. We had a lead of 60 when we arrived today and just collapsed completely," said Kohli.

Published 19 Dec, 2020 04:00pm

Pakistan

PIA unhappy with Virgin Atlantic's arrival in Pakistan

Britain’s Virgin Atlantic began flying from Manchester to Islamabad earlier this month, and will be complementing this with another two services from London Heathrow to Islamabad and Lahore.
It is the second UK airlines to operate in Pakistan after the British Airways.

Updated 19 Dec, 2020 04:03pm

Sports

Pelle on target as Shandong win Chinese FA Cup

Victory for Shandong denies Jiangsu a league-and-cup double after Cosmin Olaroiu's side had won the Chinese Super League in a playoff with Guangzhou Evergrande last month.

Published 19 Dec, 2020 03:56pm

World

Sydney imposes lockdown on beach suburbs as COVID cluster grows

Australia has avoided the worst of the pandemic due to border closures, lockdowns, widespread testing and social distancing. It has recorded a total of around 28,100 infections.

Published 19 Dec, 2020 03:51pm

Sports

Hamilton wins big at virtual FIA prizegiving

Hamilton took his career tally to a record 95 wins that, combined with his record-equalling seven titles, made him the most successful F1 driver of all time.

Published 19 Dec, 2020 03:46pm

Companies

Apple says no new business for supplier Wistron after India plant violence

Wistron failed to implement proper working hour management processes, which "led to payment delays for some workers in October and November," Apple said.

Published 19 Dec, 2020 03:38pm

World

Worldwide coronavirus cases cross 74.78 million, death toll at 1,674,137

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 19 Dec, 2020 03:36pm

Pakistan

Maulana Tariq Jameel recovers from coronavirus

The religious scholar made the announcement on Twitter saying he has tested negative for the virus.
He requested followers to remember him in their prayers. May Allah let the humanity get rid of this pandemic with His blessings.

Published 19 Dec, 2020 03:31pm

Business & Finance

Apple says no new business for supplier Wistron after India plant violence

Wistron failed to implement proper working hour management processes, which “led to payment delays for some workers in October and November,” Apple said.

Published 19 Dec, 2020 03:18pm

China

China issues new rules to review foreign investment on national security grounds

China has drawn up new rules that will allow authorities to review foreign investment on national security grounds, the country’s state planning agency said on Saturday.

Published 19 Dec, 2020 03:09pm

Europe

UK government pushes for lifting of U.S. travel restrictions - sources

The British government is making a concerted effort to persuade the Trump administration to lift or soften travel restrictions that bar most people in the United Kingdom from traveling to the United States.
Since then there has been no decision by President Donald Trump, but UK officials have held a series of high-level talks with White House and Cabinet officials.

Published 19 Dec, 2020 02:38pm

Business & Finance

Pakistan arranges 12 LNG cargoes for January

The Petroleum Division said that one cargo that was scheduled for 30th December and was intended to supply for January, 2021, has been moved a few days ago into January.

Published 19 Dec, 2020 02:23pm

USA

Members of the U.S Space Force will now be called ‘Guardians’

Vice President Mike Pence recently announced that members of the United States Space Force will be officially called "Guardians", celebrating the military branch's one-year anniversary.

Updated 19 Dec, 2020 02:17pm

Pakistan

Karachi’s mercury likely to drop below 9 degree Celsius

Existing cold wave likely to persist for a few more days as winds from east/north continues to blow in the port city.
The minimum temperature in Karachi on Sunday (tomorrow) between 07-09 degree Celsius, predicts met office.

Updated 19 Dec, 2020 02:14pm

Pakistan

‘German sister’ Dr Chris Schmotzer serving Pakistan awarded German Order of Merit

As director of the Rawalpindi Leprosy Hospital, Schmotzer has been serving the Pakistani people for 33 years now.
She offers treatment to patients with leprosy, tuberculosis, eye and skin diseases as well as rehabilitation measures.

Updated 19 Dec, 2020 01:51pm

Pakistan

COVID-19: Smart lockdown imposed in four major cities of Punjab

As many as 22 areas of Lahore, nine areas in Rawalpindi, four localities in * Gujranwala and three areas of Gujrat were put under smart lockdown, according to the notification.

Coronavirus pandemic claimed 87 more lives, whereas, 3,179 new infections were reported during the last 24 hours across Pakistan.

Updated 19 Dec, 2020 01:48pm

Business & Finance

Telenor urges govt to introduce fair regulatory regimes for spectrum licensing

The CEO stated that creating a predictable business environment with fair regulatory regimes for spectrum licensing and taxation remains key to improving the business climate and receiving future foreign investment in Pakistan.

Published 19 Dec, 2020 01:15pm

South Asia

U.S. can play a "critical role" in India-Pakistan dispute, says Ambassador Asad Khan

It is time that the international community understood not only India's destabilizing activities in the broader region but also their authoritarian tendencies at home under the current Hindu nationalist government under Prime Minister Narendra Modi.
- Ambassador Khan reiterated that over the past decade, Pakistan has managed to substantially reduce the number of terrorist attacks (by "non-state actors) in the country.

Updated 19 Dec, 2020 12:50pm

Business & Finance

Babar, Abbasi exchange barbs over LNG purchase issue

Talking to a private channel, the SAPM said that the incumbent government is paying $527,000 per day because of ‘ill-conceived’ agreements of the previous government.

Published 19 Dec, 2020 12:47pm

Pakistan

Article 6 applies on PDM for 'appealing' the military to remove a democratically elected government: PM

PM said there is a lot of anger in the army over Nawaz Sharif's verbal attacks.
PM emphasized that the Pakistan Army was a government department and 'is not sitting above me. It's below me'.

Published 19 Dec, 2020 11:44am

Business & Finance

FBR introduces cashback scheme for customers

The customers will get 5 percent of sales tax refunded on purchases from tier-1 retailers that are integrated with the FBR’s online system.

Published 19 Dec, 2020 11:23am

Business & Finance

Hundreds of Japanese IT cos keen to enter Pakistan

The Japanese IT Association said that more than 500 Japanese IT companies will come to Pakistan.

Published 19 Dec, 2020 10:40am

Technology

Apple shuts some California stores as coronavirus cases spike

Apple’s website showed that at least 12 stores were being shut starting Friday and Saturday, including those at Grove, Sherman Oaks and Beverly Center, just a week ahead of peak holiday season.

Published 19 Dec, 2020 10:15am

Business & Finance

Nike raises full-year sales forecast, posts surprise earnings growth

Shares in Beaverton, Oregon-based Nike were up about 5% in trading after the bell. They have gained about 37% this year.

Published 19 Dec, 2020 10:14am

Technology

U.S. blacklists dozens of Chinese firms including SMIC, DJI

The U.S. Commerce Department said the action against SMIC stems from Beijing’s efforts to harness civilian technologies for military purposes and evidence of activities between SMIC and Chinese military industrial companies of concern.

Published 19 Dec, 2020 10:11am

Technology

Google rolls out free, weekly at-home COVID-19 testing for all U.S. employees

8 A Google spokesman said the company had rolled out the benefit this week for all 90,000 U.S. employees, with the initiative guaranteeing them a weekly, at-home nasal swab and a lab analysis.

Published 19 Dec, 2020 10:10am

World

Yemen's president, separatists announce new power-sharing government

It would include southern separatists in the internationally-recognised government, part of a deal to end a power struggle between the nominal allies.

Published 19 Dec, 2020 09:46am

World

U.S. Supreme Court throws out challenge to Trump census immigrant plan

The 6-3 ruling on ideological lines, with the court’s six conservatives in the majority and three liberals dissenting, gives Trump a short-term victory.

Published 19 Dec, 2020 09:41am

World

Biden team says Defense Department officials halted cooperation

Some of Trump’s political appointees in the defense department have recently stopped cooperating, Yohannes Abraham, the executive director of Biden’s transition team said.

Published 19 Dec, 2020 09:37am

Business & Finance

WhatsApp to bring voice and video calls to desktop next year

WhatsApp said it has already rolled out the feature to some desktop users on a trial basis in time for the holiday season, a move first reported by tech blog WABetaInfo.

Published 19 Dec, 2020 09:36am

Pakistan

Asad Umar tests positive for COVID-19

The Minister for Planning, Development said he is isolating at home.
3,179 news coronavirus cases and 87 deaths were reported on Saturday.

Published 19 Dec, 2020 09:19am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (December 18, 2020)

Updated 19 Dec, 2020 03:53am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (December 18, 2020)

Updated 19 Dec, 2020 03:53am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local

Updated 19 Dec, 2020 03:53am

Industry

GM and head of technology Efu Life Assurance honoured

KARACHI: General Manager & Head of Technology of EFU Life Assurance Ltd

Updated 19 Dec, 2020 03:50am

Life & Style

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time)

Updated 19 Dec, 2020 03:49am

Letters

Grim taxation challenge

This is apropos a Business Recorder op-ed "General's 'general law' vs 'special law'" carried by the newspaper...

Updated 19 Dec, 2020 03:45am

Opinion

PARTLY FACETIOUS: The criticality of legal opinions

"I respect Aitezaz Ahsan's legal opinions and...."

Updated 19 Dec, 2020 03:41am

Asia

Singapore 'hawker' culture gains UN recognition

SINGAPORE: Once seen as lowly members of Singaporean society, cooks in the city-state's bustling "hawker" centres ...

Updated 19 Dec, 2020 03:40am

Opinion

Insurers, drugmakers sail into unknown with Covid vaccine rollout

Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo...

Updated 19 Dec, 2020 03:39am

World

Two dead as super cyclone levels Fiji villages

SUVA, (Fiji): Super cyclone Yasa flattened entire villages as it tore through Fiji, aid agencies said Friday, with a...

Updated 19 Dec, 2020 03:39am

World

China offers to work with Biden, warns of new 'McCarthyism'

WASHINGTON: China's top diplomat on Friday offered cooperation on key priorities of President-elect Joe Biden,...

Updated 19 Dec, 2020 03:39am

World

Russia launches UK telecom satellites into space

MOSCOW: A Soyuz rocket blasted off from the Vostochny cosmodrome in Russia's Far East on Friday carrying 36 UK...

Updated 19 Dec, 2020 03:38am

Pakistan

Ilma University faculty writes for int'l journal

KARACHI: Ilma University has stepped into the green zone having published an article analyzing the relationship...

Updated 19 Dec, 2020 03:36am

Pakistan

New rules for social media: IHC issues notices to federation and PTA

ISLAMABAD: The Islamabad High Court (IHC) Friday issued notices to the federation and the Pakistan Telecommunication...

Updated 19 Dec, 2020 03:36am

Pakistan

Objection raised by benamidar: NAB submits reply to AC

ISLAMABAD: The National Accountability Bureau (NAB) on Friday submitted its reply before the Accountability Court...

Updated 19 Dec, 2020 03:36am

Pakistan

ICAP, Unilever Pakistan organise National Finance Olympiad

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with Unilever Pakistan, is...

Updated 19 Dec, 2020 03:34am

Pakistan

Rashid inaugurates Jazz Drive-In Cinema

ISLAMABAD: Interior Minister Sheikh Rashid inaugurated The Jazz Drive-In Cinema today at F-9 Park, Islamabad, said a...

Published 19 Dec, 2020 03:02am

Pakistan

Dense fog to engulf Punjab, upper Sindh in next 24 hours

KARACHI: A dense foggy weather is likely to engulf plains of Punjab and upper Sindh on Saturday, the Met Office has...

Published 19 Dec, 2020 03:02am

Pakistan

Open merit admissions: KU to receive online applications till 24th

KARACHI: The online applications for the open merit admission in the master and bachelor programmes for the academic...

Published 19 Dec, 2020 03:02am

Pakistan

PAC lashes out at Nadra for charging weapon licence fee without approval

ISLAMABAD: The National Database and Registration Authority (Nadra) has become a central player in a number of...

Published 19 Dec, 2020 03:02am

Pakistan

'Land grabbing' case: ACE arrests PML-N ex-parliamentary secretary Mudassar Nahra

LAHORE: The Anti-Corruption Establishment (ACE) Punjab on Friday arrested PML-N ex-parliamentary secretary for...

Published 19 Dec, 2020 03:02am

Pakistan

State land will be recovered from mafia at all costs: minister

LAHORE: Punjab Law, Parliamentary Affairs and Cooperatives Minister Raja Basharat said that state land will be...

Published 19 Dec, 2020 03:02am

Pakistan

PSM and PIA: PPP will not allow privatisation, says Nafisa

ISLAMABAD: Pakistan Peoples Party Parliamentarians (PPPP) secretary information Dr Nafisa Shah said the 'selected'...

Published 19 Dec, 2020 03:02am

Pakistan

Six tourist spots: CM launches Rs830 million roads infrastructure

LAHORE: Chief Minister Sardar Usman Buzdar on Friday laid the foundation stone of roads infrastructure improvement...

Published 19 Dec, 2020 03:02am

Pakistan

Mega-money laundering case: Statement of prosecution witness completed

ISLAMABAD: The Accountability Court on Friday completed recording of statement of another prosecution witness who...

Published 19 Dec, 2020 03:02am

Cotton & Textile

Cotton futures slip

NEW YORK: ICE cotton futures edged lower on Friday due to a stronger dollar, although a recent bullish federal ...

Published 19 Dec, 2020 03:16am

South Asia

India PM defends farm reforms as protests grow

NEW DELHI: Indian Prime Minister Narendra Modi said Friday his government was a victim of "lies and conspiracy" as ...

Published 19 Dec, 2020 03:02am

World

VP Pence prepares for jab as Moderna vaccine nears US approval

WASHINGTON: US Vice President Mike Pence prepared to roll up his sleeve for a public coronavirus jab on Friday as ...

Published 19 Dec, 2020 03:02am

Business & Finance

Brexit trade talks enter desperate final 'hours'

BRUSSELS: British and EU negotiators plunged into the final hours of their scramble for a post-Brexit trade deal...

Published 19 Dec, 2020 03:02am

'Anger in army' over Nawaz's tirades but Bajwa tolerating them for democracy: PM

KARACHI: While there is "a lot of anger" within the army over the verbal attacks of PML-N supremo Nawaz Sharif and...

Published 19 Dec, 2020 03:02am

Massive cyberattack grows beyond US, heightening fears

WASHINGTON: A devastating cyberattack on US government agencies has also hit targets worldwide with the list of...

Published 19 Dec, 2020 03:02am

New Delhi's nefarious designs exposed

ABU DHABI: Foreign Minister Shah Mahmood Qureshi exposed India's nefarious intentions and said it is preparing to...

Published 19 Dec, 2020 03:02am

Beware of spoilers, Taliban told

ISLAMABAD: Prime Minister Imran Khan underlined that the intra-Afghan negotiations provide a historic opportunity to...

Published 19 Dec, 2020 03:02am

UN military observers attacked by India; vehicle damaged

ISLAMABAD: The Indian army on Friday resorted to unprovoked aggression at the Line of Control (LoC) by targeting a...

Published 19 Dec, 2020 03:02am

India planning to undertake surgical strike: FO

ISLAMABAD: Pakistan warned India of "an assured notch-up military response" against what it stated on Friday that ...

Published 19 Dec, 2020 03:02am

Advisers, special assistants to PM: SC rejects petition against appointments

ISLAMABAD: The Sup-reme Court on Friday dismissed a petition against the appointment of advisors and special...

Published 19 Dec, 2020 03:02am

Alarming decline in cotton production

LAHORE: The cotton production in the country witnessed an alarming decline of 2.8 million bales, according to a...

Published 19 Dec, 2020 03:02am

Business & Finance

BBoIT CEO sees vast investment scope in Balochistan

QUETTA: Balochistan Board of Investment and Trade (BBoIT) Chief Executive officer, Farman Zarkoon has said there are...

Published 19 Dec, 2020 03:02am

Business & Finance

US current account deficit rises to more than 12-year high

WASHINGTON: The US current account deficit surged to its highest level in more than 12 years in the third quarter as...

Published 19 Dec, 2020 03:02am

Business & Finance

German business morale ticks up in December

FRANKFURT AM MAIN: German business confidence unexpectedly rose in December, a key survey showed Friday, even as the...

Published 19 Dec, 2020 03:02am

Business & Finance

EU, China push to seal investment deal by end of year

BRUSSELS: The European Union and China said Friday they were closing in on an investment agreement after seven years...

Published 19 Dec, 2020 03:02am

Pakistan

Punjab records 831 fresh coronavirus cases, 31 deaths

LAHORE: The positivity rate of Covid-19 remained 5.39-percent, as out of 15395 tests conducted across the province...

Published 19 Dec, 2020 03:02am

Pakistan

KMC's seasonal plantation to kick off today

KARACHI: Administrator Karachi Laeeq Ahmed on Friday said Karachi Metropolitan Corporation (KMC) is going to launch...

Published 19 Dec, 2020 03:02am

Pakistan

Rs320.24 billion released for PSDP projects against Rs650 billion

ISLAMABAD: The federal government has released Rs320.24 billion (49.27 percent) for various ongoing and new...

Published 19 Dec, 2020 03:02am

US blacklists dozens of Chinese firms

WASHINGTON: The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and...

Published 19 Dec, 2020 03:02am

China urges US to stop 'arbitrary suppression'

BEIJING: The United States should choose dialogue and consultation with China instead of pursuing "unacceptable"...

Published 19 Dec, 2020 03:02am

SPI down 0.22 percent WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended December 17, 2020, recorded a decrease of 0.22...

Published 19 Dec, 2020 03:02am

Appointments of CEOs of PSCs: Cabinet directs SECP to finalise amendments to regulations

ISLAMABAD: The Federal Cabinet has directed the Securities and Exchange Commission of Pakistan (SECP) to finalise...

Published 19 Dec, 2020 03:02am

November textile exports up 9.27 percent YoY

ISLAMABAD: The country's textile group exports have registered an increase of 9.27 percent on year-on-year basis as...

Published 19 Dec, 2020 03:02am

Issuer rating B3: Credit profile reflects country's 'baa2' economic strength: Moody's

ISLAMABAD: The credit profile of Pakistan (issuer rating B3) reflects the country's "baa2" economic strength, which...

Published 19 Dec, 2020 03:02am

State of economy: Government deriving too much satisfaction from indicators?

ISLAMABAD: Prime Minister Imran Khan has directed his economic team to make sure that the benefits of the ...

Published 19 Dec, 2020 03:02am

Stocks

Wall Street falls as stimulus rally cools, Tesla hits record high

All three major indexes hit record highs at the opening before retreating. The S&P 500 technology index, which has led gains this week.
Electric-car maker Tesla Inc, which will become on Monday the most valuable company to be ever added to Wall Street's main benchmark index, traded in heavy volume.

Published 19 Dec, 2020 03:01am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 19 Dec, 2020 03:02am

Rates.SBP

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 19 Dec, 2020 03:02am

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 19 Dec, 2020 03:02am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 19 Dec, 2020 03:02am

Rates.PSX

Proposed right issues

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

Published 19 Dec, 2020 03:02am

Stocks

Last date of renunciation/payment

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

Published 19 Dec, 2020 03:02am

Rates.PSX

Dividend/Bonus Announcements

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

Published 19 Dec, 2020 03:02am

Rates.PSX

Board meetings in progress

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

Published 19 Dec, 2020 03:02am

Rates.PSX

BOARD MEETINGS

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

Published 19 Dec, 2020 03:02am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (December 18, 2020)....

Published 19 Dec, 2020 03:02am

Rates.The Rupee

THE RUPEE: No change vs USD

KARACHI: On Friday, PKR remained unchanged against USD in interbank market while showing slight fall in open market...

Published 19 Dec, 2020 03:02am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 18, 2020)....

Published 19 Dec, 2020 03:02am

Pakistan

The Weather

KARACHI: The weather report on Friday (December 18, 2020) and the forecast for Saturday (December 19, 2020)....

Published 19 Dec, 2020 03:02am

Pakistan

Foreign funding case: Decision may put PML-N, PPP in hot water

ISLAMABAD: Repercussions of foreign funding allegations levelled against ruling PTI by PML-N vice president Maryam...

Published 19 Dec, 2020 03:02am

Pakistan

Climate Change Resilience Forum launched

HYDERABAD: Nature conservationists have formed a 'provincial forum on climate change resilience' on Friday to lead...

Published 19 Dec, 2020 03:02am

Pakistan

Sindh to repair faulty fire engines: minister

KARACHI: Sindh Information and Local Government Minister Syed Nasir Hussain Shah has said that the provincial...

Published 19 Dec, 2020 03:02am

Pakistan

Pakistan for well-being, welfare of migrants

ISLAMABAD: Pakistan has urged the international community to show greater solidarity by strengthening cooperation to...

Published 19 Dec, 2020 03:02am

Pakistan

Rashid advises opposition to adopt a middle way

ISLAMABAD: The Interior Minister, Sheikh Rashid, on Friday warned the opposition to adopt a middle way out, as the...

Published 19 Dec, 2020 03:02am

Pakistan

Covid-19: Over 1,073 nationwide deaths in 17 days

ISLAMABAD: The country has reported over 1,073 deaths due to Covid-19 in 17 days of Dec, data released by the...

Published 19 Dec, 2020 03:02am

Technology

Google AI team demands ousted black researcher be rehired and promoted

WASHINGTON: Members of a prestigious research unit at Google have sent a letter to the company's chief executive...

Published 19 Dec, 2020 03:02am

Stocks

BoP becomes market maker for debt securities on PSX

KARACHI: An agreement was signed between PSX and BoP on Friday at PSX trading hall whereby BOP becomes the first ...

Published 19 Dec, 2020 03:02am

Opinion

Central bankers comb for crypto clues as Bahamas launches 'Sand Dollar'

It didn't seem like a revolution. A botanical green smoothie and a snapper fish burger, it was. In a Bahamas...

Published 19 Dec, 2020 03:02am

Opinion

Bad vision

Undoubtedly, there is someone out there who is far worse than I, when it comes to catching up on reading all the...

Published 19 Dec, 2020 03:02am

Opinion

Once again electric utility up for sale - I

Karachi Electric Supply Corporation (KESC) (now K-Electric) has an interesting history. In 1913, it was formed as a...

Published 19 Dec, 2020 03:02am

Rates.Banks

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 19 Dec, 2020 03:02am

Forex

Exchange rates: buying and selling

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

Published 19 Dec, 2020 03:02am

Forex

Currency notes: exchange rates

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

Published 19 Dec, 2020 03:02am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (December 18, ...

Published 19 Dec, 2020 03:02am

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 19 Dec, 2020 03:02am

Forex

Open market rates of foreign currencies

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

Published 19 Dec, 2020 03:02am

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 19 Dec, 2020 03:02am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (December 18, 2020). ========================...

Published 19 Dec, 2020 03:02am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (December 18, 2020). ========================...

Published 19 Dec, 2020 03:02am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meesaq Fund Rates on Friday (December 18, 2020). ======================== Offer Price 1,201.0398 Bid...

Published 19 Dec, 2020 03:02am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (December 18, 2020). ======================== Offer ...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (December 18, 2020). ======================== Offer Price 1,470.4555...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (December 18, 2020). ======================== Offer Price...

Published 19 Dec, 2020 03:02am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (December 18, 2020). ==================================== BR...

Published 19 Dec, 2020 03:02am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (December 18, 2020)....

Published 19 Dec, 2020 03:02am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (December 18, 2020). ======================== Bid Rate...

Published 19 Dec, 2020 03:02am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (December 18, 2020). ======================================= Offset...

Published 19 Dec, 2020 03:02am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 18, 2020)...

Published 19 Dec, 2020 03:02am

Rates.LME

LME official prices

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

Published 19 Dec, 2020 03:02am

Commodities

CBOT soyabean futures rise

CHICAGO: Chicago Board of Trade soyabean futures rose 1.5% on Thursday to a fresh 4-1/2-year high, supported by ...

Published 19 Dec, 2020 03:02am

Commodities

Chinese steel futures rise on demand optimism

MANILA: Chinese steel futures rose for a second straight session on Thursday, benefiting from a strong demand ...

Published 19 Dec, 2020 03:02am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 15.484...

Published 19 Dec, 2020 03:02am

Cotton & Textile

KCA raises spot rate by Rs100 to Rs9850

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Friday has increased the spot rate by Rs 100...

Published 19 Dec, 2020 03:02am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 18, 2020)....

Published 19 Dec, 2020 03:02am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 139,312 tonnes of cargo comprising 94,647 tonnes of import cargo and 44,665 tonnes...

Published 19 Dec, 2020 03:02am

Grains

Paris wheat higher as Russian exports seen slowing

PARIS: Paris wheat futures rose on Thursday while physical premiums in western Europe held steady, with traders...

Published 19 Dec, 2020 03:02am

Energy

European gasoline margins rise

LONDON: Benchmark northwest European gasoline margins moved back into positive territory at around $1 a barrel after...

Published 19 Dec, 2020 03:02am

Energy

US natural gas futures slide on milder weather

NEW YORK: US natural gas futures slipped on Thursday on forecasts for milder weather and lower heating demand next...

Published 19 Dec, 2020 03:02am

Grains

CBOT corn futures rise

CHICAGO: Chicago Board of Trade corn futures rose on Thursday on a strong weekly export report, traders said. The US...

Published 19 Dec, 2020 03:02am

Commodities

Copper pares gains

LONDON: Copper pulled back after breaching the $8,000 a tonne level on Friday as some investors were cautious due to...

Published 19 Dec, 2020 03:02am

Commodities

Palm oil jumps nearly 2 percent

SINGAPORE: Malaysian palm oil futures rose 1.9% on Friday as traders expect another month of subdued production and...

Published 19 Dec, 2020 03:02am

Energy

Oil at 9-month high above $52

NEW YORK: Oil hit a nine-month high on Friday and was headed for a seventh straight weekly gain as investors focused...

Published 19 Dec, 2020 03:02am

Cotton & Textile

New York cotton

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

Published 19 Dec, 2020 03:02am

Commodities

Gold down in New York

NEW YORK: Gold prices slipped on Friday after three days of gains as the dollar's rebound offset support from hopes...

Published 19 Dec, 2020 03:02am

Energy

GGPL 'virtual pipeline': Accord inked for LNG shipment across country

GWADAR: Pakistan Gas Port Limited, Al-Qasim Gas and Jamshoro Joint Venture Limited have formed a special purpose...

Published 19 Dec, 2020 03:02am

Energy

DISCOs' profitability depends on timely tariff notification by NEPRA

LAHORE: Chief Executive Officer (CEO) of Lahore Electric Supply Company (LESCO) Mujahid Pervaz Chattah has said that...

Published 19 Dec, 2020 03:02am

14 ECP Karachi officials removed

ISLAMABAD: ECP on Friday announced to have removed from job its 14 officials, saying inquiries against two senior...

Published 19 Dec, 2020 03:02am

Rawal Dam issue: NA panel considers possibility of summoning agencies' personnel

ISLAMABAD: A National Assembly panel on Friday considered possibility of summoning representatives of intelligence...

Published 19 Dec, 2020 03:02am

At least 15 children killed in east Afghanistan bomb blast

GHAZNI, (Afghanistan): At least 15 children were killed when a motorbike laden with explosives blew up near a...

Published 19 Dec, 2020 03:02am

MoF proposes eight-member BoD for ZTBL

ISLAMABAD: The Ministry of Finance is said to have proposed eight-member Board of Directors for Zarai Taraqiati Bank...

Published 19 Dec, 2020 03:02am

Attack on Charlie Hebdo ex-offices: France detains four people of Pakistani origin

PARIS: French authorities this week arrested four people of Pakistan origin suspected of links to the meat cleaver...

Published 19 Dec, 2020 03:02am

Sehat Sahulat Programme launched

ISLAMABAD: Prime Minister Imran Khan has launched Sehat Sahulat Programme (health insurance cards) for 1.2 million...

Published 19 Dec, 2020 03:02am

Cement dispatches witness big decline in November

ISLAMABAD: Cement dispatches witnessed a massive decline of 21.29 percent in November 2020 compared to October 2020 ...

Published 19 Dec, 2020 03:02am

New Zealand draw first blood in Pakistan T20 series

AUCKLAND: New Zealand cruised to a five-wicket win over Pakistan in the first Twenty20 international at Auckland's...

Published 19 Dec, 2020 03:02am

Rates.BR Index

KSE-100 Index falls: BRIndex100 flat

KARACHI: Pakistan Stock Exchange Friday witnessed a mixed trend and closed on a negative note as investors opted to...

Published 19 Dec, 2020 03:02am

Industry

Sri Lanka slashes duty on import of Pak kinnows

ISLAMABAD: Sri Lankan has massively slashed cess(domestic tax) on imported Kinnows on the request of Pakistan...

Published 19 Dec, 2020 03:02am

Taxes

KPRA shows remarkable revenue generation

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has depicted remarkable revenue generation due to decreased in...

Published 19 Dec, 2020 03:02am

Taxes

Series of e-katcheries conducted: Supervisors to face consequences if tax matters not addressed: FBR chief

ISLAMABAD: After conducting a series of e-katcheries with taxpayers, Federal Board of Revenue (FBR) Chairman Javed...

Published 19 Dec, 2020 03:02am

Industry

SECP to revise Securities Act-2015 to promote ease of doing business

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to revise the Securities Act, 2015,...

Published 19 Dec, 2020 03:02am

Industry

Strong online sales boost FedEx profits

NEW YORK: FedEx reported Thursday that quarterly profits more than doubled as it cashed in on surging e-commerce...

Published 19 Dec, 2020 03:02am

Industry

Philips buys US cardiac care firm BioTelemetry for $2.8 billion

THE HAGUE: Dutch electronics giant Philips said on Friday it was buying US remote cardiac monitoring firm...

Published 19 Dec, 2020 03:02am

Money & Banking

Russia keeps rates at record low, puts more cuts in question

MOSCOW: Russia's central bank kept its key interest rate at a record low of 4.25% on Friday following a recent jump...

Published 19 Dec, 2020 03:02am

Money & Banking

BoJ extends virus-linked lending programme

TOKYO: The Bank of Japan extended an emergency virus-related lending programme but kept its monetary easing policy...

Published 19 Dec, 2020 03:02am

Money & Banking

Aussie, kiwi steady

SYDNEY: The Australian and New Zealand dollars were heading for their seventh straight week of gains on Friday, ...

Published 19 Dec, 2020 03:02am

Money & Banking

Sterling drops

LONDON: Sterling fell on Friday, reversing some of its recent gains, after European Union chief negotiator Michel...

Published 19 Dec, 2020 03:02am

Money & Banking

Early trade in New York: Dollar gains across the board

NEW YORK: The dollar rose on Friday from two-and-a-half-year lows as some investors squared positions heading into...

Published 19 Dec, 2020 03:02am

Money & Banking

Dollar consolidates losses in Europe

LONDON: The dollar consolidated losses on Friday after a week of declines that pushed it to its lowest in two and a...

Published 19 Dec, 2020 03:02am

Industry

Small industries: FPCCI applauds SBP's waiver of up to $5000 per consignment

KARACHI: Mian Anjum Nisar, President of The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and...

Published 19 Dec, 2020 03:02am

Industry

PIA offers special discounts on Skardu, Gilgit flights

KARACHI: Pakistan International Airlines (PIA) is now offering special discounted fare for Skardu and Gilgit flights...

Published 19 Dec, 2020 03:02am

Money & Banking

Bank Alfalah and SLIC sign agreement

KARACHI: State Life Insurance Corporation of Pakistan and Bank Alfalah has signed an agreement to facilitate the...

Published 19 Dec, 2020 03:02am

Industry

We are not taking advantage of Chinese market: Ishrat

KARACHI: The Advisor to the Prime Minister on Institutional Reforms and Austerity, Dr. Ishrat Hussain, has said that...

Published 19 Dec, 2020 03:02am

Editorials

Covid-19 vaccinations

EDITORIAL: As the US and the UK have started using the Pfizer covid-19 vaccine and Moderna's vaccine has also gotten...

Published 19 Dec, 2020 03:02am

Editorials

The CCP study

EDITORIAL: The Competition Commission of Pakistan (CCP) recently released a report on the cement sector which...

Published 19 Dec, 2020 03:02am

Forex

Canadian dollar weekly win streak ends as profit-taking kicks in

Canadian dollar weakens 0.5% against the greenback.
For the week, the loonie dips 0.1%.
Canadian retail sales grow by 0.4% in October.
Canadian bond yields trade mixed across a flatter curve.

Published 19 Dec, 2020 02:57am

Energy

Oil settles up, marking seventh straight weekly gain

Brent hits nine-month high.
US FDA panel nears Moderna vaccine authorization.
Rig count rises to highest since May - Baker Hughes.

Published 19 Dec, 2020 02:55am

Forex

Dollar gains after week of losses on US stimulus, Brexit fears

"That ruins the whole global stability narrative and that helps the dollar," Perez said.
The dollar index gained 0.21% to 90.0190, after dropping to 89.822 on Thursday.

Published 19 Dec, 2020 02:51am

Commodities

Arabica coffee gains 3.6pc in the week; raw sugar flat

Arabica coffee gained 3.6% in the week while London cocoa lost more than 8% in the period.
March New York cocoa lost $35 to $2,506 a tonne.
March white sugar fell $5.10 to $398.30 a tonne.

Published 19 Dec, 2020 02:48am

Stocks

Equities dip, oil jumps, as investors wait on US stimulus package

Markets in the US (are) going to be focused on the ongoing negotiations to see if we can get things over the line.
MSCI's gauge of stocks across the globe shed 0.30% following broad declines in Asia and Europe.

Published 19 Dec, 2020 02:45am

Commodities

CBOT, K.C. wheat weaken after rally; MGEX firm

Technical support for the benchmark Chicago Board of Trade March soft red winter wheat contract was noted at its 50-day moving average.
Gains in corn lent support to wheat prices.

Published 19 Dec, 2020 01:45am

Europe

EU says hours left for a Brexit deal, UK says 'see sense'

UK warns no-trade deal Brexit very likely.
Barnier: just hours left, grave moment.
Johnson tells EU: compromise or we'll walk.
Sterling falls.

Published 19 Dec, 2020 01:45am

Commodities

Gold slips as dollar firms, while investors await stimulus

Gold has gained about 2.2% so far this week.
Silver up 7.8% so for this week.

Published 19 Dec, 2020 01:39am

Money & Banking

Metro Bank looks to raise 3.13bn stg from portfolio sale to NatWest

The deal is at a 2.7% premium on gross book value of the portfolio and is expected to result in a gain of about 83 million pounds, Metro said.
On completion of the deal, Metro Bank's Sept. 30, 2020 total capital plus MREL ratio is expected to improve 400bps to 24.2%.

Published 19 Dec, 2020 01:36am

Currency	Rate
USD PKR Interbank Selling / Jun 24	278.40
USD PKR Interbank Buying / Jun 24	278.20
USD to Japanese Yen / Jun 25	161.81
USD to Swiss Franc / Jun 25	0.81
Pound Sterling to USD / Jun 25	1.32
Euro to USD / Jun 25	1.14
SOFR % / Jun 24	3.62

Stock	Volume
S&P 500 / Jun 25	7,357.49
India Sensex / Jun 25	77,100.47
Nasdaq / Jun 25	25,358.60
FTSE 100 / Jun 25	10,529.89
Dow Jones / Jun 25	51,920.62
Germany DAX 30 / Jun 25	24,994.83
France CAC40 / Jun 25	8,431.61
Tokyo Nikkei / Jun 26	68,853.35
Hang Seng / Jun 26	22,645.31

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 24	18,280
Gold 10 Grams PKR / Jun 24	368,985
Crude Oil USD/Barrel / Jun 25	71.47
Cotton US¢/pound / Jun 25	76.97
Petrol/Litre / Jun 26	299.50
Gold Spot USD/Ounce / Jun 26	4,009.36
Diesel/Litre / Jun 26	311.47

Stock	Price
Ghani Chemworld Limited (R) / Jun 24 Ghani Chemworld Limited Right(GCWLR)	8.01 ▲ 1 (14.27%)
Gulistan Sp. / Jun 24 Gulistan Spinning Mills Limited(GUSM)	10.01 ▲ 0.94 (10.36%)
Ali Asghar / Jun 24 Ali Asghar Textile Mills Limited(AATM)	57.61 ▲ 5.24 (10.01%)
Al-Shaheer Corp / Jun 24 Al Shaheer Corporation Limited(ASC)	12.20 ▲ 1.11 (10.01%)
Feroze 1888 / Jun 24 Feroze1888 Mills Limited(FML)	57.48 ▲ 5.23 (10.01%)
J.A.Textile / Jun 24 J.A. Textile Mills Limited(JATM)	33.52 ▲ 3.05 (10.01%)
Sardar Chemical / Jun 24 Sardar Chemical Industries Limited(SARC)	77.07 ▲ 7.01 (10.01%)
Buxly Paints / Jun 24 Buxly Paints Limited(BUXL)	251.72 ▲ 22.88 (10%)
Chashma / Jun 24 Chashma Sugar Mills Limited(CHAS)	101.19 ▲ 9.2 (10%)
Fateh Sports / Jun 24 Fateh Sports Wear Limited(FSWL)	111.29 ▲ 10.12 (10%)

Stock	Price
First Fid. Leasing / Jun 24 First Fidelity Leasing Modaraba(FFLM)	22.28 ▼ -2.47 (-9.98%)
Int. Knit. / Jun 24 International Knitwear Limited(INKL)	100.26 ▼ -11.12 (-9.98%)
Aruj Industries / Jun 24 Aruj Industries Limited(ARUJ)	10.80 ▼ -1.14 (-9.55%)
NIT PakistanXD / Jun 24 NIT Pakistan Gateway ETF(NITGETF)	37.25 ▼ -3.75 (-9.15%)
Aisha Steel(ConPS) / Jun 24 Aisha Steel(ConPS)(ASLPS)	23.52 ▼ -2.32 (-8.98%)
Pakgen Power / Jun 24 Pakgen Power Limited(PKGP)	43.13 ▼ -3.72 (-7.94%)
First AL-Noor Mod. / Jun 24 First Al-Noor Modaraba(FANM)	7.06 ▼ -0.51 (-6.74%)
Zuma Resources / Jun 24 Zuma Resources Limited(ZUMA)	104.71 ▼ -7.26 (-6.48%)
Popular Islamic / Jun 24 Popular Islamic Modaraba(PIM)	22.28 ▼ -1.26 (-5.35%)
TPL Insurance / Jun 24 TPL Insurance Limited(TPLI)	25.60 ▼ -1.44 (-5.33%)

Stock	Volume
K-Electric Ltd. / Jun 24 K-Electric Limited(KEL)	112,892,122 ▲ 0.33
Pak Int.Bulk / Jun 24 Pakistan International Bulk Terminal(PIBTL)	73,295,107 ▲ 0.94
WorldCall Telecom / Jun 24 Worldcall Telecom Limited(WTL)	38,761,163 ▲ 0.01
Pak Elektron / Jun 24 Pak Elektron Limited(PAEL)	31,348,609 ▲ 1.02
Maple Leaf Cement / Jun 24 Maple Leaf Cement Factory Limited(MLCF)	27,194,838 ▲ 3.85
PIA Holding Co.Ltd / Jun 24 PIA Holding Company Limited(PIAHCLA)	21,872,379 ▲ 1.92
Kohinoor Spinning / Jun 24 Kohinoor Spinning Mills Limited(KOSM)	20,610,130 ▲ 0.11
Sui South Gas / Jun 24 Sui Southern Gas Company Limited(SSGC)	20,069,542 ▼ -0.9
The Organic Meat / Jun 24 The Organic Meat Company Limited(TOMCL)	20,043,142 ▲ 2.92
B.O.Punjab / Jun 24 The Bank of Punjab(BOP)	18,657,800 ▲ 0.26