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Congress

US Senate votes to advance huge infrastructure bill

The bipartisan group negotiating the blueprint overcame a key sticking point: how to pay for the spending

Published 29 Jul, 2021 11:12am

World

Democrats tap Republican Trump critic for US Capitol riot probe

WASHINGTON: US House Speaker Nancy Pelosi on Sunday named an outspoken Republican critic of former president Donald...

Published 26 Jul, 2021 05:21am

Pakistan

Biden administration seeks economic, social aid for Pakistan in its first budget

A proposal sent to Congress states that the funding for Pakistan will support strengthened democratic governance, particularly near the Afghan border in KP, and address drivers of extremism
The funds for these programs will be allocated from the $324.5 million the US State Department is seeking for South and Central Asia to support peace and stability in the region

Published 30 May, 2021 10:10am

World

Biden's defense budget seeks greater China deterrence and nuclear funding

There will also be money to further develop and test of hypersonic weapons and other "next-generation" weapons systems as the military aims to build capabilities to counter Russia and China

Published 28 May, 2021 10:25am

World

US Republicans grapple with way out of political limbo

The ex-president however is weighed down with baggage.

Published 02 May, 2021 11:18am

US corporations, wealthy must ‘pay their fair share’: Biden

WASHINGTON: President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of ...

Published 30 Apr, 2021 05:06am

World

Biden says does not seek 'escalation' with Putin

I made very clear to Putin that we don't seek escalation but their actions have consequences.

Published 29 Apr, 2021 10:39am

World

US corporations, wealthy must 'pay their fair share': Biden

The twin spending bills face lengthy paths to approval in Congress, where Biden's Democrats control both the House of Representatives and Senate but only by the barest of margins.

Published 29 Apr, 2021 10:32am

World

Empty seats, historic turns: Biden delivers unique speech to Congress

Biden used a strikingly personal tone, at times whispering as he did, when he urged corporate America and the nation's wealthiest to "pay their fair share" of taxes.

Published 29 Apr, 2021 10:22am

World

Biden launches audacious middle class spending package in speech to Congress

In every aspect of the primetime television speech, Biden will echo his mantra that "America is back" -- both in recovering from the coronavirus disaster and in putting the turbulence of the Trump era behind.

Published 29 Apr, 2021 10:14am

Pakistan

PM wishes Manmohan Singh speedy recovery from Covid-19

ISLAMABAD: Prime Minister Imran Khan Tuesday wished Manmohan Singh, former Indian prime minister, a speedy recovery...

Published 21 Apr, 2021 03:21am

World

Report on Capitol Hill riot criticizes police preparation, response

Some of the shields that officers used shattered upon impact because they had not been stored under the right temperature.

Published 14 Apr, 2021 11:16am

World

Pelosi asks Biden to address US Congress to mark 100 days in office

The request came from House of Representatives Speaker Nancy Pelosi, who invited Biden to make a speech April 28 to talk about.

Published 14 Apr, 2021 10:51am

World

Republicans dangle ‘easy’ win for trimmed Biden plan

WASHINGTON: Republicans opened the door Sunday to supporting a pared down version of Joe Biden’s $2 trillion...

Published 05 Apr, 2021 03:56am

Markets

Brazil FX in somber mood as pandemic roars on, pressure mounts on govt

In Mexico, the peso is likely to appreciate 1% in one year to 20.32 per US dollar. However, the 12-month outlook for the currency also worsened significantly from March's poll, as investors remain nervous.

Published 01 Apr, 2021 10:37am

World

'Yes or no?' U.S. lawmakers fume over Big Tech's answers on misinformation

Only Twitter Inc CEO Jack Dorsey replied “yes” to the question, but said the “broader ecosystem” had to be taken into account.

Published 26 Mar, 2021 12:25pm

World

US House passes immigration bills including pathway for 'Dreamers'

The other formalizes the legal status of migrant farmworkers -- who the White House notes are "living in the shadows and vulnerable to exploitation" -- and offers them an opportunity to earn citizenship.

Published 19 Mar, 2021 10:39am

World

Biden to urge 'hope' after Congress passes huge relief plan

On Friday, Biden will sign the bill, which although opposed by all Republican lawmakers in Congress has voter approval ratings of 60 percent and above.

Published 11 Mar, 2021 05:20pm

World

Biden urges swift passage of Covid aid after minimum wage setback

"He urges Congress to move quickly to pass the (bill), which includes $1400 rescue checks for most Americans" and other funding to help control and end the pandemic.

Published 26 Feb, 2021 10:45am

US Senate votes to allow witnesses, prolonging Trump trial

WASHINGTON: The US Senate voted Saturday to allow witnesses at the impeachment trial of Donald Trump, a surprise ...

Published 14 Feb, 2021 03:49am

World

U.S. should delay complete troop pullout in Afghanistan - according to Congressional report

The United States should extend the May 1 deadline for pulling all its troops from Afghanistan, and make force cuts contingent on progress in peace talks as well as by the Taliban in reducing violence and containing al Qaeda, a bipartisan report to Congress said on Wednesday.

Updated 04 Feb, 2021 06:00pm

World

US says too early to accept Iran proposal on reviving nuclear deal

The Biden administration said it broadly shares worries about Iran, and said Tuesday it was "concerned" about the clerical regime's latest launch of a satellite-carrying rocket.

Published 03 Feb, 2021 09:41am

World

Democrats file $1.9 trillion budget resolution, could bypass Republicans on COVID-19 relief

"We have not seen many red lines drawn publicly by Democrats in Congress. I think we will see those red lines if the White House considers taking some things out or delaying some items," the adviser said, speaking on condition of anonymity.

Published 02 Feb, 2021 10:33am

World

House Democrats deliver Trump impeachment charge to Senate

he U.S. House of Representatives delivered to the Senate on Monday a charge that former President Donald Trump incited insurrection in a speech to supporters before the deadly attack on the Capitol.
Trump, a Republican, is the only U.S. president to have been impeached by the House twice and is set to become the first to face trial after leaving office. His term ended last Wednesday.

Published 26 Jan, 2021 08:24pm

Markets

Departing EXIM chief urges Biden team to counter Chinese lending dominance

EXIM's approval in 2019 of one of the biggest deals in its history - $4.7 billion in assistance for a liquefied natural gas project in Mozambique - had also displaced China and Russia, which had been poised to finance the deal, Reed said.

Published 19 Jan, 2021 11:29am

World

Disgruntled staffer changed the State Department's website to state Trump's term ended 9 days early: Sources

A disgruntled employee at the State Department changed the biographies of President Donald Trump and Vice President Pence, to state that their term was ending on Monday - nine days before the inauguration of President-elect Biden.
The changes to the State Department's website came only a few days after the President incited an insurrection of Trump supporters in the Capitol building.

Published 12 Jan, 2021 01:38pm

World

State Dept prematurely announces Trump departure

The State Department did not immediately respond to a question on whether the incident was the result of hacking or a glitch.

Published 12 Jan, 2021 11:27am

World

Trump shores up Pence ties as Democrats move to impeach

Military personnel have flooded into Washington, where as many as 15,000 National Guard troops could be deployed.

Published 12 Jan, 2021 10:39am

World

More than 3,300 apply to rewrite Chile's constitution

Chileans voted overwhelmingly in October to rewrite the constitution, which had been one of the key demands from protesters who rose up in October 2019 to lead months of protests against social inequality.

Published 12 Jan, 2021 10:26am

World

Joe Biden confirmed as 46th President of the United States, after a day of chaos in the Capitol

President-elect Joe Biden's Electoral College victory has been certified, confirming that he will be the 46th President of the United States.
After countless Trump supporters stormed the Capitol building yesterday in an attempt to subvert the confirmation procedure, Congress confirmed President-elect Biden's victory on early Thursday morning.

Updated 07 Jan, 2021 02:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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