News Archives for Print - 2020-10-26

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Print - 2020-10-26

Public Health Engineering Department: KP introduces e-tendering, e-bidding

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has introduced e-tendering and e-bidding in the Public...

Updated 26 Oct, 2020 04:18am

CS orders action against profiteers

LAHORE: On a report of the Special Branch, the Chief Secretary Punjab took notice of the flour sale at the higher...

Published 26 Oct, 2020 02:52am

Saqib Nisar delayed OLMT’s inauguration, alleges Saad

LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior leader Khawaja Saad Rafique has accused former chief justice...

Updated 26 Oct, 2020 04:19am

At least three killed in Quetta blast

QUETTA: At least three people were killed and six others wounded Sunday when a bomb exploded in Quetta, police said....

Updated 26 Oct, 2020 04:19am

PM to launch work on ‘Knowledge City’

ISLAMABAD: Prime Minister Imran Khan will visit Mianwali on Monday to launch work of a Knowledge City at Numl...

Updated 26 Oct, 2020 04:19am

Only a retrograde society can allow fanning RSS ideology: Alvi

ISLAMABAD: President Dr Arif Alvi Sunday said that only a retrograde society like India could encourage the ...

Updated 26 Oct, 2020 04:20am

Grey list: QWP terms FATF decision govt failure

PESHAWAR: Qaumi Watan Party (QWP) provincial Chairman Sikandar Hayat Khan Sherpao while commenting on the decision ...

Updated 26 Oct, 2020 04:22am

Legislation on national issues: Opposition not cooperating with govt: Fawad

ISLAMABAD: Federal Minister for Science and Technology Fawad Chaudhry said on Sunday that the Pakistan...

Updated 26 Oct, 2020 04:22am

New 157 Covid-19 cases reported in Islamabad: NCOC

ISLAMABAD: National Command and Operation Centre (NCOC) on Coronavirus Sunday said that 157 new Covid-19 cases were...

Updated 26 Oct, 2020 04:22am

Award of contract of BRT buses: SIDCL going to commit ‘grave’ mistake?

KARACHI: Sindh Infrastructure Development Company Limited (SIDCL) is reportedly planning to award a $30 million...

Published 26 Oct, 2020 02:52am

PMC announces admission criteria for foreign students

ISLAMABAD: Pakistan Medical Commission (PMC) on Sunday announced admission criteria for foreign students seeking...

Updated 26 Oct, 2020 04:22am

Keel laying of MILGEM Class Corvette for Pakistan Navy held

KARACHI: The keel laying ceremony of 2nd MILGEM Class Corvette for Pakistan Navy was held on Sunday here at Karachi...

Published 26 Oct, 2020 02:52am

310 new cases of Covid-19 emerge

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 310 new cases of coronavirus emerged when 9,019...

Published 26 Oct, 2020 02:52am

NAB raids govt warehouses in Kashmore

SUKKUR: The National Accountability Bureau (NAB) Sukkur conducted raids at 15 government warehouses in Kashmore for...

Published 26 Oct, 2020 02:52am

Chileans flock to polls in referendum for change

SANTIAGO: Chileans flocked to the polls Sunday in a referendum on whether to change a dictatorship-era constitution...

Published 26 Oct, 2020 02:52am

Belarusians protest Lukashenko ahead of strike ultimatum

MINSK: Belarusian demonstrators flooded the streets of the capital Minsk on Sunday, the final day of an ultimatum ...

Published 26 Oct, 2020 02:52am

Iraq protesters revive year-old revolt against the system

BAGHDAD: Iraqi security forces and protesters clashed in Baghdad on Sunday during demonstrations to mark the first...

Updated 26 Oct, 2020 04:13am

Covid chaos piles up for Trump, nine days before vote

WASHINGTON: Donald Trump’s reelection campaign was buffeted Sunday by another Covid-19 outbreak in his team,...

Published 26 Oct, 2020 02:52am

UK police attend security ‘incident’ on ship

LONDON: British police on Sunday said they had been called by a vessel off England’s south coast amid reports of a...

Published 26 Oct, 2020 02:52am

Arabs favour Biden over Trump in US election: poll

RIYADH: Democratic nominee Joe Biden substantially leads his Republican opponent Donald Trump as the Arab world’s...

Published 26 Oct, 2020 02:52am

Protesters target churches over Poland’s near-total abortion ban

WARSAW: Protesters targeted Catholic churches across Poland on Sunday in the fourth straight day of upheaval against...

Published 26 Oct, 2020 02:52am

Looting sweeps Nigeria as authorities struggle with unrest

LAGOS: Nigerian authorities struggled to halt looting across the country on Sunday as crowds defied curfew orders to...

Published 26 Oct, 2020 02:52am

Treaty banning nuclear weapons to enter into force

UNITED NATIONS: An international treaty banning nuclear weapons has been ratified by a 50th country, the UN said,...

Published 26 Oct, 2020 02:52am

More mass testing in China

BEIJING: Chinese officials were racing Sunday to smother a fresh coronavirus outbreak in the country’s far...

Published 26 Oct, 2020 02:52am

Frankfurt cancels Christmas market over virus spike

FRANKFURT AM MAIN: The German city of Frankfurt has become the latest to cancel its traditional Christmas market as...

Published 26 Oct, 2020 02:52am

Qatar signs deal to buy Moderna Covid-19 vaccine

DUBAI: Qatar has signed an agreement with drugmaker Moderna Inc to buy its potential Covid-19 vaccine as soon as it...

Published 26 Oct, 2020 02:52am

Geneva hospitals call for volunteers

GENEVA: Geneva hospitals on Sunday issued a call for medically trained volunteers and recently retired staff to help...

Published 26 Oct, 2020 02:52am

Spain declares emergency as global virus cases soar

MADRID: Spain declared a national state of emergency on Sunday to tackle a second coronavirus wave as the World...

Published 26 Oct, 2020 02:52am

Kerb

Big week for Big Tech as earnings, hearings loom

SAN FRANCISCO: Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience...

Published 26 Oct, 2020 02:52am

Dubai introduces facial recognition on public transport

DUBAI: Dubai is introducing a facial recognition system on public transport to beef up security, officials said...

Published 26 Oct, 2020 02:52am

Ex-PTI MPA Yasin joins ANP

PESHAWAR: Former PTI MPA, Yasin Khan Khalil formally joined ANP during a public meeting here on Sunday. Yasin Khan...

Published 26 Oct, 2020 02:52am

The Weather

KARACHI: The weather report on Sunday (October 25, 2020) and the forecast for Monday (October 26, 2020)....

Published 26 Oct, 2020 02:52am

Kerb

Islamophobia and hate against Islam: PM urges Facebook CEO to place ban

ISLAMABAD: Prime Minister Imran Khan on Sunday wrote to Mark Zuckerberg, CEO of Facebook, asking for Facebook to...

Published 26 Oct, 2020 02:52am

Israel says Qatar could get F-35s ‘sooner or later’

OCCUPIED JERUSALEM: An Israeli cabinet minister said on Sunday that a US sale of advanced F-35 warplanes to Qatar...

Updated 26 Oct, 2020 04:13am

Rates.BR Index

Futures spread up by 814bps

KARACHI: The futures spread increased by 814bps to 9.15 percent on the last day of outgoing week. Trading ...

Published 26 Oct, 2020 02:52am

Exchange

PSX witnesses bullish trend: BRIndex100 gains 139.01 points

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on Oct 23, on the back of...

Published 26 Oct, 2020 02:52am

OLMT project becomes operational

LAHORE: The long-awaited Orange Line Metro Train (OLMT) project initiated by the previous PML-N government under...

Updated 27 Oct, 2020 03:03pm

Ministers term PDM new addition into anti-state elements

ISLAMABAD: Terming Pakistan Democratic Movement (PDM) a new addition into anti-state elements, the government on...

Updated 26 Oct, 2020 04:02am

PM accuses Macron of attacking Islam

ISLAMABAD: Pakistan on Sunday strongly condemned the “encouragement of Islamophobia” by French President ...

Updated 26 Oct, 2020 04:02am

Speakers at PDM rally raise issue of ‘missing persons’

KARACHI: The 11-party anti-government Pakistan Democratic Movement (PDM) alliance on Sunday held its third power ...

Updated 26 Oct, 2020 04:02am

Lee Kun-hee, who made S Korea’s Samsung a global powerhouse, dies

SEOUL: Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and...

Updated 26 Oct, 2020 04:02am

Additional electricity consumption: Govt decides to fix industrial tariff at Rs8/unit

ISLAMABAD: The federal government has reportedly decided to fix industrial tariff at Rs 8 per unit on additional...

Updated 26 Oct, 2020 04:02am

Malaysia’s king rejects emergency rule

KUALA LUMPUR: Malaysia's King Al-Sultan Abdullah rejected on Sunday a request by Prime Minister Muhyiddin Yassin for...

Updated 26 Oct, 2020 04:02am

Key Al-Qaeda leader killed in Afghanistan

KABUL: Afghan forces have killed a top Al-Qaeda militant wanted by the United States, as the government on Sunday...

Updated 26 Oct, 2020 04:05am

Shortfall of industrial sector: PD directed not to curtail domestic sector gas

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed Petroleum Division not to curtail gas from domestic...

Updated 26 Oct, 2020 04:06am

Textile, cement and chemical: Hold in coal imports handling catalyses delay in production

ISLAMABAD: Up to 10 days’ hold in handling coal imports at the country’s only bulk dirty cargo terminal at the...

Updated 26 Oct, 2020 04:06am

Letters

PBC demands resignations

This is apropos a Business Recorder news item “Bar council demands resignations of President, others” carried by...

Published 26 Oct, 2020 02:52am

FATF should recognise Pakistan’s effort

In my August 15 analysis that appeared in Business Recorder “FATF: Keep your fingers crossed”, this writer said...

Published 26 Oct, 2020 02:52am

The mask slips

The advertisement is taken off. It is condemned. It is socially boycotted. It caused outrage. It died within a day....

Published 26 Oct, 2020 02:52am

Govt’s approach to Opposition

This is the second of a two part series of articles focusing on the Prime Minister’s strategy to deal with the...

Published 26 Oct, 2020 02:52am

Sugar cartels

EDITORIAL: Who’s even surprised that an investigation by the Competition Commission of Pakistan (CCP) has found...

Updated 28 Oct, 2020 11:27am

Exchange

‘Great news for Pakistan’

EDITORIAL: Prime Minister Imran Khan used twitter to declare “great news for Pakistan” claiming that “we are...

Published 26 Oct, 2020 02:52am

Commodities

Prices of essential items surge

PESHAWAR: Prices of important kitchen items, including chicken meat, eggs, vegetable, sugar, pulses and others have...

Published 26 Oct, 2020 02:52am

Commodities

Adil Mehmood elaborates steps to boost industrialisation

LAHORE: Increasing price of the land owing to mushroom growth of housing societies has been hampering...

Published 26 Oct, 2020 02:52am

Taxes

Memon says committed to resolve issues of business community

HYDERABAD: Chief Commissioner Income Tax (Inland Revenue) Tauqeer Ahmed Memon said that he is a citizen of Hyderabad...

Published 26 Oct, 2020 02:52am

Cotton & Textile

Weekly Cotton Review: Fluctuation of rates observed

KARACHI: Fluctuation was seen in the rate of cotton. Bearish trend was seen in the rate of Khal and Banola. Majority...

Published 26 Oct, 2020 02:52am

Currency

Latam FX weighed down in near-term on fiscal doubts, US politics

BUENOS AIRES: Latin American currencies are set to remain weighed down this quarter by continuing fears about...

Published 26 Oct, 2020 02:52am

Stocks

Saudi index sees biggest fall since May

• Most Gulf markets in retreat DUBAI: Saudi Arabian shares fell sharply on Sunday in a broad sell-off, while a...

Updated 26 Oct, 2020 04:15am

Stocks

Tokyo Stock Exchange plans new protocols

TOKYO: The Tokyo Stock Exchange said on Monday it will draw up new rules by next March on how to restart trading...

Updated 26 Oct, 2020 04:15am

Exchange

Yuan will fluctuate around reasonably balanced level

BEIJING: The Chinese yuan will still fluctuate around a reasonably balanced level, an official at China’s foreign...

Published 26 Oct, 2020 02:52am

Currency

Is PayPal’s crypto move a game-changer for bitcoin? Probably not, say experts

LONDON: PayPal Holdings Inc’s decision to open its network to bitcoin and its rivals was hailed by virtual coin...

Published 26 Oct, 2020 02:52am

Currency

Russia to increase daily FX sales

MOSCOW: Russia’s central bank will increase its foreign currency sales by the equivalent of 4 billion roubles...

Published 26 Oct, 2020 02:52am

Stocks

Nasdaq quarterly profit tops estimates

NEW YORK: Nasdaq Inc on Wednesday reported third-quarter profits that topped Wall Street views, helped by strength ...

Updated 26 Oct, 2020 04:15am

Stocks

Bulls are back in Nasdaq and options are aflutter

NEW YORK: Investors are once again chasing upside in shares of tech companies after a sharp sell-off in US equities...

Published 26 Oct, 2020 02:52am

Stocks

Greece to reopen 15-year bond

ATHENS: Greece said it was reopening a 15-year bond issued in January, seeking to capitalise on historically low...

Published 26 Oct, 2020 02:52am

Stocks

Cyber security firm McAfee raises $620m in US IPO

NEW YORK: Cyber security firm McAfee Corp sold shares in its initial public offering (IPO) on Wednesday at $20 a...

Published 26 Oct, 2020 02:52am

Stocks

Wall Street week ahead: More US companies offer earnings guidance despite pandemic

NEW YORK: With earnings season in full swing, more companies are again offering earnings guidance, signalling to...

Published 26 Oct, 2020 02:52am

Money & Banking

Saudi’s Al Rajhi Bank reports 3pc drop in Q3

DUBAI: Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 3% drop in third-quarter net...

Published 26 Oct, 2020 02:52am

Brexit talks no closer to a deal, say insiders

BRUSSELS: Britain and the European Union are still a long way from a post-Brexit trade deal, several European ...

Updated 26 Oct, 2020 04:11am

Commodities

Bumper melon harvest sweetens Uzbekistan’s pandemic woes

VAZIR, (Uzbekistan): In the giant shed of Uzbek farmer Sanat Kalandarov, a bountiful melon harvest hangs suspended...

Published 26 Oct, 2020 02:52am

Energy

Cenovus Energy to buy Husky Energy for $2.9bn

OTTAWA: Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion...

Published 26 Oct, 2020 02:52am

Energy

Brazil soars to China’s No. 3 crude oil supplier

BEIJING/SINGAPORE: Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on...

Published 26 Oct, 2020 02:52am

KFC to create 5,400 jobs in UK, Ireland

LONDON: US fast-food chain Kentucky Fried Chicken said Friday it will create 5,400 jobs in Britain and Ireland on...

Updated 26 Oct, 2020 04:11am

Energy

Turkey extends research vessel mission for gas hunt

ISTANBUL: Turkey has extended once again a research ship’s search for gas in contested waters of the eastern...

Published 26 Oct, 2020 02:52am

Commodities

Pakistani products displayed at Agricultural Hi-Tech Fair in Yangling

BEIJING: Pakistan products were displayed at the Shanghai Cooperation Organization Agricultural Exhibition (SCO Life...

Published 26 Oct, 2020 02:52am

Cutlery export increases 17.68pc in 3 months

ISLAMABAD: The cutlery exports from the country witnessed an increase of 17.68 percent during the first three months...

Updated 26 Oct, 2020 04:11am

Exchange

Trade and Investment Forum 2020: Pakistan, Afghanistan set to find new avenues of cooperation

ISLAMABAD: Pakistan and Afghanistan are all set to find new avenues of investment and trade cooperation at a two-day...

Updated 26 Oct, 2020 04:11am

AAJ PROGRAM SCHEDULE

Monday, October 26, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 26 Oct, 2020 02:52am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment...

Published 26 Oct, 2020 02:52am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (October 19 to...

Published 26 Oct, 2020 02:52am

Currency

Czech crown seen leading gains

WARSAW: The Czech crown looks set to lead the charge as central and eastern European currencies bounce back over the...

Published 26 Oct, 2020 02:52am

Industry

Japan’s ANA to cut 3,500 jobs in 3 years

TOKYO: ANA Holdings Inc plans to cut about 3,500 jobs in three years as Japan’s largest airline operator braces ...

Updated 26 Oct, 2020 04:11am

Industry

Airlines suffering from business class blues in age of Covid

NEW YORK: The Covid-19 pandemic has ushered in the era of video meetings. But can Zoom really replace in-person...

Updated 26 Oct, 2020 04:11am

Industry

Amazon wins arbitration order against Future’s deal with Reliance

NEW DELHI/MUMBAI: A Singapore arbitration panel has put on hold Future Group’s $3.38 billion asset sale to ...

Updated 26 Oct, 2020 04:11am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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