News Archives for Latest - 2023-08-14

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Archive - 2023-08-14

World

Hawaii crews likely to find '10 to 20' more victims per day: governor

KAHULUI: Recovery crews in Hawaii are likely to find between 10 and 20 more victims per day, the state's governor ...

Published 14 Aug, 2023 11:09pm

Pakistan

Anwaar-ul-Haq Kakar takes oath as interim prime minister

President Dr Arif Alvi administers oath to Kakar

Updated 14 Aug, 2023 10:20pm

Stocks

Wall St slips as Tesla weighs, investors await economic data

Wall Street’s main indexes slipped on Monday on a drag from shares of Tesla, while investors also awaited earning...

Published 14 Aug, 2023 09:40pm

Stocks

Miners, energy firms weigh on London stocks amid China property woes

UK’s exporter-heavy FTSE 100 edged lower on Monday, weighed down by shares in miners and oil firms, as worries...

Published 14 Aug, 2023 09:38pm

Stocks

European shares gain on healthcare boost; miners, energy lag

European shares closed higher on Monday, rebounding from a near one-week low, as gains in retail and healthcare...

Published 14 Aug, 2023 09:36pm

Pakistan

NAB rearrests Parvez Elahi in bribery case after release from Adiala Jail

Elahi was taken into custody from the Adiala Jai by the Lahore NAB team after the MPO detention was finished today

Updated 14 Aug, 2023 09:04pm

Europe

Russia says scrambled jet to intercept Norwegian aircraft nearing border

MOSCOW: Russia announced Monday that it had dispatched a MiG-29 fighter jet to “prevent a violation” of its border...

Published 14 Aug, 2023 08:10pm

Stocks

Most Gulf markets in red as China woes linger, oil falls

Most stock markets in the Gulf ended lower on Monday as traders considered a slowdown in China, while falling oil...

Published 14 Aug, 2023 07:22pm

Cricket

South Africa name 18 for one-day games against Australia

JOHANNESBURG: Cricket South Africa on Monday named 18 players for a five-match one-day international series against...

Published 14 Aug, 2023 07:14pm

USA

US envoy visits Gulf to help expand Yemen truce, launch peace process

WASHINGTON: The US Special Envoy for Yemen will visit the Gulf on Monday “to advance ongoing un-led efforts to...

Published 14 Aug, 2023 06:28pm

South Asia

At least 41 killed in Indian Himalayas as rain triggers landslides

NEW DELHI: Torrential rain in India’s Himalayas triggered landslides over the weekend that have killed at least 41...

Updated 14 Aug, 2023 06:20pm

Energy

Oil slips as China worries, stronger dollar weigh

LONDON: Oil prices slipped about 1% on Monday as concerns about China’s faltering economic recovery and a stronger...

Updated 14 Aug, 2023 06:15pm

Sports

Murray back for Britain’s Davis Cup campaign

LONDON: Andy Murray is back in the Great Britain Davis Cup team for next month’s matches against Australia, France...

Published 14 Aug, 2023 06:03pm

Commodities

Copper sinks to 5-week low as spotlight falls on China property

LONDON: Copper prices sank to five-week lows on Monday as the deteriorating demand outlook in top consumer China was...

Published 14 Aug, 2023 05:54pm

Stocks

Indian shares end flat after volatile session

BENGALURU: Indian shares closed mostly unchanged Monday, though they recovered from a more than one-month low hit...

Published 14 Aug, 2023 05:51pm

Stocks

Sri Lanka shares end lower as financials, industrials weigh

BENGALURU: Sri Lankan shares closed lower on Monday, dragged by financials and industrials stocks. The CSE All Share...

Published 14 Aug, 2023 05:49pm

Pakistan

PIA launches first-ever direct flight from Dubai to Skardu

KARACHI: Pakistan International Airlines (PIA) announced the launch of its first-ever direct flight from Dubai to...

Updated 14 Aug, 2023 05:33pm

Income tax law: FBR proposes new definition of word ‘banking’

Proposed draft amendments in the Income Tax Ordinance, 2001 issued for simplification and harmonization through the next Finance Bill, 2024

Updated 14 Aug, 2023 05:32pm

Pakistan

Senate chairman accepts Anwaar-ul-Haq Kakar’s resignation from Parliament

Kakar is expected to take oath as caretaker PM today

Updated 14 Aug, 2023 05:32pm

Commodities

Palm oil ends lower for third session; rising exports cap losses

KUALA LUMPUR: Malaysian palm oil futures closed lower for a third straight session on Monday, pressured by a drop in...

Published 14 Aug, 2023 05:22pm

Asia

China defence minister to visit Russia, Belarus Aug 14-19

BEIJING: China’s defence minister Li Shangfu will visit Russia and Belarus from Aug. 14-19, the ministry said in a...

Updated 14 Aug, 2023 04:51pm

South Asia

At least 3 killed, 7 injured in blast at hotel in Afghanistan

KABUL: At least three people were killed and seven injured after a blast ripped through a hotel in southeastern...

Updated 14 Aug, 2023 04:50pm

Pakistan

Pakistan’s leaders look to instill hope on Independence Day

President, outgoing PM call for national unity

Updated 14 Aug, 2023 04:05pm

Commodities

India’s July palm oil imports rise 59% m/m

India’s palm oil imports in July jumped 59% from the previous month to 1.08 million metric tons, a trade body said...

Published 14 Aug, 2023 02:52pm

Europe

King Charles III to visit France in September: media

PARIS: King Charles III will travel to France for a state visit in September, a French newspaper has reported, six...

Published 14 Aug, 2023 02:47pm

Europe

France probes false bomb threats at Eiffel Tower

PARIS: French police have launched an investigation into two bomb scares at the Eiffel Tower this weekend that...

Published 14 Aug, 2023 02:45pm

Sports

Rybakina takes aim at WTA over Canadian Open scheduling

Elena Rybakina said she felt “destroyed” by the Canadian Open schedule and took aim at the WTA’s “weak” leadership...

Published 14 Aug, 2023 02:14pm

Bullion Rate

Gold drops to 5-week low as firm US bond yields boost dollar

Gold prices fell to their lowest level in more than five weeks on Monday as the dollar and bond yields strengthened...

Published 14 Aug, 2023 02:13pm

Technology

Apple supplier Foxconn’s Q2 profit slips 1%, beats forecasts

Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt...

Published 14 Aug, 2023 12:55pm

Forex

South African rand starts week on back foot on China, Fed worries

JOHANNESBURG: The South African rand was under pressure in early trade on Monday, hampered at the start of the week...

Published 14 Aug, 2023 12:54pm

Stocks

European shares ease as commodity-linked stocks fall on China woes

European shares dipped at the open on Monday, as China-exposed mining firms lost ground on concerns over its...

Published 14 Aug, 2023 12:52pm

Stocks

London stocks open lower as energy firms, miners weigh

UK’s exporter-heavy FTSE 100 index opened lower on Monday weighed down by miners and oil firms shares, as worries...

Published 14 Aug, 2023 12:51pm

Europe

Italy PM Meloni takes ‘full responsibility’ for bank tax

MILAN: Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock decision to...

Published 14 Aug, 2023 12:50pm

Forex

Rouble weakens to 17-month low past 100 against dollar

The rouble slumped to 100 against the dollar on Monday, hitting three figures for the first time in almost 17...

Published 14 Aug, 2023 12:41pm

Sports

Alcaraz renews Djokovic rivalry in Cincinnati

CINCINNATI: Carlos Alcaraz has put his quarter-final loss at the Toronto Masters behind him as he prepares to renew...

Published 14 Aug, 2023 11:58am

Sports

Pegula overpowers Samsonova to clinch Montreal Open crown

MONTREAL: Jessica Pegula overpowered a weary Liudmila Samsonova to clinch the second WTA 1000 title of her career on...

Published 14 Aug, 2023 11:56am

Stocks

Hong Kong stocks begin with sharp losses

HONG KONG: Hong Kong stocks fell sharply in early Monday trade after falls of US tech stocks. The Hang Seng Index...

Published 14 Aug, 2023 11:51am

Technology

Zuckerberg and Musk throw verbal jabs over proposed cage match

WASHINGTON: Billionaires and social media business rivals Mark Zuckerberg and Elon Musk threw new online jabs at...

Published 14 Aug, 2023 11:42am

Africa

Six Niger soldiers, 10 suspected militants killed in fighting

NIAMEY: Six Niger soldiers and 10 “terrorists” were killed on Sunday during fighting in the west of the country,...

Published 14 Aug, 2023 11:38am

Sports

Instant ‘national hero’ Arnold stands in England’s way at World Cup

SYDNEY: Mackenzie Arnold wasn’t even Australia’s first-choice goalkeeper until recently, but is now being hailed as...

Published 14 Aug, 2023 11:35am

South Asia

Worry, relief, despair, pride: Afghans on life two years under the Taliban

KABUL: Two years since the Taliban stormed back to power in Afghanistan after 20 years of war against the United...

Published 14 Aug, 2023 11:30am

Perspectives

Freedom at Midnight: revisited

The independence of Pakistan and India has been fairly well chronicled, both with accuracy and biases. For instance,...

Published 14 Aug, 2023 11:12am

Stocks

Shares in Chinese property giant Country Garden down sharply

BEIJING: Shares in Chinese property giant Country Garden plunged on Monday after it missed bond payments and warned...

Published 14 Aug, 2023 11:11am

USA

Hawaii fire death toll nears 100, and anger grows

KAHULUI: The death toll in Hawaii from the deadliest US wildfire in more than a century ticked towards 100 Sunday,...

Published 14 Aug, 2023 11:08am

Europe

Russian trial opens for Navalny ally facing ‘extremism’ charge

MOSCOW: An ally of Russian opposition leader Alexei Navalny went on trial in Siberia on Monday on charges of...

Published 14 Aug, 2023 11:04am

Sports

India must work on batting depth after Windies loss, says Dravid

India must improve their batting depth with the 50-overs World Cup on the horizon, coach Rahul Dravid said after his...

Published 14 Aug, 2023 10:58am

Forex

Indian rupee drops below 83/USD, RBI likely intervenes

MUMBAI: The Indian rupee on Monday declined below 83 to the US dollar for the first time since October 2022,...

Published 14 Aug, 2023 10:56am

World

New Zealand removes final COVID-19 restrictions

WELLINGTON: New Zealand’s government will lift all remaining COVID-19 requirements from midnight Tuesday, bringing...

Published 14 Aug, 2023 10:54am

Europe

Russia’s Far East suffers flooding in Khanun’s wake, over 2,500 people evacuated

Floods in Russia’s Far East had forced the evacuation of more than 2,500 people by Monday, the ministry of emergency...

Published 14 Aug, 2023 10:50am

Stocks

Asia shares struggle to shake off China blues

SYDNEY: Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus...

Published 14 Aug, 2023 10:47am

Companies

Australian court fines Dell unit $6.5mn for misleading customers on discounts

Australia’s Federal Court on Monday ordered Dell Technologies Inc’s local unit to pay A$10 million ($6.46 million)...

Published 14 Aug, 2023 10:44am

Asia

North Korea’s Kim orders making more missiles ahead of South Korea, US drills

SEOUL: North Korean leader Kim Jong Un has called for an increase in missile production to help secure “overwhelming...

Published 14 Aug, 2023 10:41am

Europe

Ukraine says three wounded in Russian attack on Odesa

At least three people were wounded in two-waves of Russian drone and missile attacks overnight on the port city of...

Published 14 Aug, 2023 10:37am

Stocks

China and Hong Kong shares fall on weak credit data

SHANGHAI: China and Hong Kong stocks fell on Monday as investor sentiment remained subdued after disappointing...

Published 14 Aug, 2023 10:32am

Forex

China’s yuan weakens to 6-week low as new bank loans tumble

HONG KONG: The yuan eased to a six-week low on Monday as new bank loans slumped in July, deepening investors’...

Published 14 Aug, 2023 10:30am

Stocks

Japan’s Nikkei falls 1% as chip stocks, energy shares weigh

TOKYO: Japan’s Nikkei share average fell on Monday as chip stocks followed US peers lower and a retreat in crude oil...

Published 14 Aug, 2023 10:28am

Stocks

Indian shares fall as metal stocks drag

BENGALURU: Indian shares opened lower on Monday, in line with Asian peers, dragged by metal stocks on demand woes in...

Published 14 Aug, 2023 10:26am

Stocks

Australia shares set for worst day in nearly 2 weeks as banks, miners weigh

Australian shares extended losses on Monday led by financial and mining stocks, while investors awaited more Chinese...

Published 14 Aug, 2023 10:22am

Forex

Yen breaks above 145/dlr level in choppy trading, dollar firm

SINGAPORE: The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching...

Published 14 Aug, 2023 10:21am

Cargo ship in Black Sea: Russian warship fires shots

Says automatic weapons were fired on the Palau-flagged Sukru Okan vessel after the ship’s captain failed to respond to a request to halt for an inspection

Updated 14 Aug, 2023 10:17am

Forex

Australia, NZ dollars plumb nine-month lows on China woes

SYDNEY: The Australian and New Zealand dollars slumped to nine-month lows on Monday as dire credit data and more...

Published 14 Aug, 2023 10:16am

Stocks

Independence Day today

LAHORE: The Pakistani nation will celebrate the Independence Day on Monday (today) with a renewed pledge to make the...

Updated 14 Aug, 2023 09:43am

Two militants killed attacking convoy of Chinese workers in Gwadar

QUETTA: Two separatist militants were killed Sunday when they attacked a convoy carrying Chinese workers to a...

Updated 14 Aug, 2023 09:42am

Companies

SoftBank in talks to buy Vision Fund’s 25pc stake in Arm

NEW YORK: SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision...

Updated 14 Aug, 2023 06:56am

Pakistan

The Weather

KARACHI: The weather report on Sunday (August 13, 2023) and the forecast for Monday (August 14, 2023)....

Published 14 Aug, 2023 06:29am

Supplements

Pakistan 76 year of independence: Major dimensions of the Pakistan Movement

TEXT: Pakistan is entering the Seventy-seventh year of independence. However, we go on discussing Pakistan’s state...

Published 14 Aug, 2023 06:29am

Supplements

Hope and optimism

Published 14 Aug, 2023 06:29am

Editorials

Cat’s out of the bag

EDITORIAL: Rumours that plans were afoot to delay the general election, due at the end of the year, turned out to be...

Published 14 Aug, 2023 06:29am

Pakistan

Pakistan will rise among comity of nations, people should reject conspirators: COAS

Says the country is fighting against forces of instability

Published 14 Aug, 2023 12:54am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 13	277.85
USD PKR Interbank Buying / Aug 13	277.65
USD to Japanese Yen / Aug 14	159.27
USD to Swiss Franc / Aug 14	0.81
Pound Sterling to USD / Aug 14	1.35
Euro to USD / Aug 14	1.15
SOFR % / Aug 14	3.63

Stock	Volume
S&P 500 / Aug 13	7,798.99
Nasdaq / Aug 13	26,803.03
Dow Jones / Aug 13	53,839.99
India Sensex / Aug 14	77,758.30
Tokyo Nikkei / Aug 14	68,889.01
Hang Seng / Aug 14	25,175.06
FTSE 100 / Aug 14	10,748.76
Germany DAX 30 / Aug 14	26,458.86
France CAC40 / Aug 14	8,654.26

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 13	18,580
Gold 10 Grams PKR / Aug 13	394,749
Crude Oil USD/Barrel / Aug 14	81.63
Gold Spot USD/Ounce / Aug 14	4,330.09
Cotton US¢/pound / Aug 14	83.44
Petrol/Litre / Aug 15	325.43
Diesel/Litre / Aug 15	383.95

Gainers
Losers
Leaders

Stock	Price
Gammon Pak / Aug 13 Gammon Pakistan Limited(GAMON)	28.25 ▲ 2.57 (10.01%)
Ideal Dynamics / Aug 13 Ideal Dynamics Limited(IDEAL)	49.13 ▲ 4.47 (10.01%)
Leather Up Ltd. / Aug 13 Leather Up Limited(LEUL)	49.58 ▲ 4.51 (10.01%)
Al-Khair Gadoon / Aug 13 Al-Khair Gadoon Limited(AKGL)	79.51 ▲ 7.23 (10%)
Arctic Textile / Aug 13 Arctic Textile Mills Limited(ARCTM)	47.19 ▲ 4.29 (10%)
Aisha Steel (CPS) / Aug 13 Aisha Steel Mills Limited (CPS)(ASLCPS)	114.83 ▲ 10.44 (10%)
Asim Textile / Aug 13 Asim Textile Mills Limited(ASTM)	90.50 ▲ 8.23 (10%)
Buxly Paints / Aug 13 Buxly Paints Limited(BUXL)	336.04 ▲ 30.55 (10%)
J.A.Textile / Aug 13 J.A. Textile Mills Limited(JATM)	68.84 ▲ 6.26 (10%)
MACPAC Films / Aug 13 MACPAC Films Limited(MACFL)	73.07 ▲ 6.64 (10%)

Stock	Price
Supernet Tech. / Aug 13 Supernet Technologies Limited(STL)	29.87 ▼ -11.86 (-28.42%)
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	13.56 ▼ -1.51 (-10.02%)
Universal Ins. / Aug 13 The Universal Insurance Company Limited(UVIC)	20.71 ▼ -2.3 (-10%)
Mughal Energy / Aug 13 Mughal Energy Limited(GEM)(GEMMEL)	27.20 ▼ -2.72 (-9.09%)
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	5.11 ▼ -0.46 (-8.26%)
Tri-Star Mutual / Aug 13 Tri-Star Mutual Fund Limited(TSMF)	17.14 ▼ -1.43 (-7.7%)
Asia Ins. / Aug 13 Asia Insurance Company Limited(ASIC)	39.82 ▼ -3.18 (-7.4%)
ARM Green Industries / Aug 13 ARM Green Industries Limited(ARMG)	55.60 ▼ -4.43 (-7.38%)
Shadman Cotton / Aug 13 Shadman Cotton Mills Limited(SHCM)	64.02 ▼ -4.9 (-7.11%)
Pak Tobacco / Aug 13 Pakistan Tobacco Company Limited(PAKT)	1,364.29 ▼ -96.5 (-6.61%)

Stock	Volume
Cnergyico PK / Aug 13 Cnergyico PK Limited(CNERGY)	247,072,281 ▲ 0.57
Beco Steel Ltd / Aug 13 Beco Steel Limited(BECO)	103,802,064 ▼ -0.46
Pak Refinery / Aug 13 Pakistan Refinery Limited(PRL)	40,235,369 ▲ 5.93
D.S. Ind. Ltd. / Aug 13 D.S. Industries Limited(DSIL)	39,092,471 ▼ -1.51
WorldCall Telecom / Aug 13 Worldcall Telecom Limited(WTL)	26,025,744 ▲ 0.01
Thatta Cement / Aug 13 Thatta Cement Company Limited(THCCL)	19,608,245 ▲ 3.36
B.O.Punjab / Aug 13 The Bank of Punjab(BOP)	16,204,913 ▲ 0.18
Hascol Petrol / Aug 13 Hascol Petroleum Limited(HASCOL)	15,337,298 ▼ -0.48
TPL Properties / Aug 13 TPL Properties Limited(TPLP)	15,140,554 ▼ -0.31
TPL Corp Ltd / Aug 13 TPL Corp Limited(TPL)	14,138,754 ▲ 0.53

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