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Archive - 2021-04-21
Sindh Assembly unanimously adopts resolution on Namoos-e-Risalat (S.A.W)
Pakistan

Sindh Assembly unanimously adopts resolution on Namoos-e-Risalat (S.A.W)

  • Provincial minister, Syed Nasir Shah, tabled the resolution in the provincial assembly, followed by separate motions from TLP, PTI, and GDA members.
  • The house while condemning blasphemous caricatures in France also demanded of the federal government to take measures to prevent these activities.
Published 21 Apr, 2021 08:23pm
Australia Cancels Belt and Road Deal with China, citing Inconsistency with Foreign Policy
China

Australia Cancels Belt and Road Deal with China, citing Inconsistency with Foreign Policy

  • On Wednesday, Australia announced that it would revoke the Victorian state government's deal to join the Chinese Belt and Road Initiative, stating that it was inconsistent with the nation's foreign policy.
  • The Australian government passed legislation last year that introduced provisions allowing the state to redact any agreements with foreign countries that deemed to threaten national interest.
Updated 21 Apr, 2021 05:39pm
China, Middle East dominate executions in 2020: Report
Middle East

China, Middle East dominate executions in 2020: Report

  • While 2020 saw an overall decline in the number of global death penalties, some countries increased the number of executions they carried out.
  • China is believed to be "the world's most prolific executioner", with Chinese authorities classifying the total number of death sentences and executions as state secrets, making them difficult to verify.
Updated 21 Apr, 2021 03:53pm
European equities ahead at open
Stocks

European equities ahead at open

  • In the eurozone, Frankfurt's DAX 30 index added 0.2 percent to 15,153.08 points and the Paris CAC 40 won almost 0.6 percent to 6,200.28.
Published 21 Apr, 2021 12:27pm
China's yuan firms as dollar slips
Forex

China's yuan firms as dollar slips

  • The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.69, firmer than the previous day's 96.56.
Published 21 Apr, 2021 12:18pm
EU unveils AI rules to temper Big Brother fears
World

EU unveils AI rules to temper Big Brother fears

  • The bloc is trying to learn the lessons after largely missing out on the internet revolution and failing to produce any major competitors to match the giants of Silicon Valley or their Chinese counterparts.
Published 21 Apr, 2021 11:29am
Tokyo stocks open lower on virus worries
Stocks

Tokyo stocks open lower on virus worries

  • Other automakers were also lower, with Toyota trading down 1.38 percent at 8,302 yen, Honda off 1.71 percent at 3,218 yen and Nissan down 2.55 percent at 543 yen.
Published 21 Apr, 2021 10:57am
Autos loans: High times!
BR Research

Autos loans: High times!

Although car sales today are still lower than what they used to be in FY19, auto loans are causing a collective gasp...
Updated 21 Apr, 2021 10:44am
Turkey says Afghanistan peace talks postponed
World

Turkey says Afghanistan peace talks postponed

  • A leaked US State Department report said Washington wanted the Turkey conference to approve a plan to replace the present leadership of President Ashraf Ghani with an interim government involving the Taliban.
Published 21 Apr, 2021 10:22am
HBL Q1 2021 results: PAT rises 108pc

HBL Q1 2021 results: PAT rises 108pc

KARACHI: HBL on Tuesday declared a consolidated profit before tax of Rs 14.5 billion for the quarter ended March 31,...
Updated 21 Apr, 2021 10:09am
Dollar flat in Europe
Money & Banking

Dollar flat in Europe

LONDON: The dollar steadied in the European session, after hitting its lowest in nearly seven weeks during the Asian...
Updated 21 Apr, 2021 10:06am
Pakistan gets elected to three key UN bodies
Pakistan

Pakistan gets elected to three key UN bodies

  • It has been elected to the Commission on Crime Prevention and Criminal Justice (CCPCJ), the Commission on the Status of Women (CSW) and the Commission on Population and Development (CPD).
  • Pakistan will assume the membership of three commissions on 1 January 2022.
Published 21 Apr, 2021 09:27am
Kohinoor Mills Limited
BR Research

Kohinoor Mills Limited

Kohinoor Mills Limited (PSX: KML) was set up in 1987 under the Companies Ordinance, 1984. (now, Companies Act, ...
Published 21 Apr, 2021 07:45am
HBL- Sound and growing
BR Research

HBL- Sound and growing

Pakistan’s biggest commercial bank HBL continued its merry way more than doubling profits year-on-year, as the...
Published 21 Apr, 2021 07:40am
REITs: more is needed
BR Research

REITs: more is needed

SECP has recently announced amendments to the Real Estate Investment Trust (REITs) regulations. Market has received...
Published 21 Apr, 2021 07:25am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Tuesday (April 20, 2021) and the forecast for Wednesday (April 21, 2021)....
Published 21 Apr, 2021 03:21am
Karachi Yarn Market Rate
Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Tuesday (April 20, 2021). ======================================= CONES ...
Published 21 Apr, 2021 03:21am
Desperate call for debt relief
Opinion

Desperate call for debt relief

Last week, Prime Minister Imran Khan once again urged the global community, particularly financial organisations, to...
Published 21 Apr, 2021 03:21am
PPA hosts Iftar-dinner
Pakistan

PPA hosts Iftar-dinner

HYDERABAD: Proud Pakistan Award Director Salman Abrahani and ARB Chairperson Madam Anjum Anwar hosted an Iftar ...
Published 21 Apr, 2021 03:21am