Topic

coronavirus crisis

Air France-KLM seeks to raise $2.4bn in new share issue

Published 24 May, 2022 01:35pm

PARIS: Air France-KLM on Tuesday announced a bid to raise 2.26 billion euros ($2.4 bn) by issuing new shares, as the...

UK Labour Party calls on Sunak to explain offshore trusts claim

Published 10 Apr, 2022 05:49am

LONDON: Britain’s opposition Labour Party called on finance minister Rishi Sunak on Saturday to respond to claims...

Coronavirus: Latest global developments

Published 30 Dec, 2021 06:09pm

PARIS: Here are the latest developments in the coronavirus crisis: More than one million cases The number of daily...

BoE will have to act to contain inflation: Bailey

Published 18 Oct, 2021 04:59am

LONDON: Bank of England Governor Andrew Bailey sent a fresh signal on Sunday that the British central bank is ...

Lufthansa launches $2.5bn capital increase to repay state bailout

Published 20 Sep, 2021 05:23am

FRANKFURT: Lufthansa said on Sunday it would launch a capital increase that was expected to raise 2.14 billion euros...

No milk or water: Shoppers face shortages at UK grocery stores

Published 09 Sep, 2021 03:56am

The supply chain troubles caused by Brexit and the pandemic have been so bad for Satyan Patel that the shelves at ...

IMF's $650bn reserves distribution is 'shot in arm'

Published 24 Aug, 2021 05:12am

WASHINGTON: The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday,...

Demand doubts and dollar weigh on copper

Published 10 Aug, 2021 04:39am

LONDON: Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries...

German exports rise past pre-pandemic levels in June

Published 10 Aug, 2021 04:39am

BERLIN: German exports soared past pre-pandemic levels in June for the first time since the coronavirus crisis...

GCC economies expected to grow 2.2pc this year, says WB

Published 05 Aug, 2021 04:34am

DUBAI: Economies of the Gulf Cooperation Council (GCC) will likely grow at an aggregate 2.2% this year after a 4.8%...

Gold set for modest rally before easing in 2022

Published 29 Jul, 2021 10:14pm

Prices of the metal, traditionally seen as a safe store of wealth, surged to record levels above $2,000 an ounce early in the coronavirus crisis but sagged as economies reopened.

ECB lifts Covid-era curbs on banks’ dividends

Published 24 Jul, 2021 04:27am

FRANKFURT: The European Central Bank said Friday it would end pandemic-era restrictions on banks’ payouts to...

Inflation surge 'temporary': BIS

Published 30 Jun, 2021 03:54am

ZURICH: The recent inflation surge is most likely a "temporary" phenomenon, the Bank for International Settlements...

World health, IP, trade bodies launch Covid platform

Published 25 Jun, 2021 04:20am

GENEVA: The heads of the global health, IP and trade agencies on Thursday announced a joint platform to help countries plug the gaps in accessing Covid-19 vaccines, treatments and technologies.

German business morale hits 3-year high on reopenings

Published 25 Jun, 2021 04:20am

FRANKFURT: German business confidence rose to a near three-year high in June, a key survey showed Thursday, buoyed ...

Child labour swells for first time in two decades: UN

Published 10 Jun, 2021 10:47am

But statistic modelling shows that number could potentially be more than five times higher, according to UNICEF statistics specialist Claudia Cappa, who co-authored the report.

Global tax still far from becoming reality

Published 09 Jun, 2021 11:36am

The country has a 25 percent corporate tax rate which drops to 15 percent for high-tech companies.

Canada's TSX climbs above 20,000, loonie posts 6-year high as oil rallies

Updated 01 Jun, 2021 11:01pm

The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,014.70 before dipping to 20,000.12, up 1.4pc on the day.

'We are at war' with Covid, says UN chief

Published 24 May, 2021 03:36pm

United Nations Secretary-General decried the "tsunami of suffering" sparked by the coronavirus crisis.

Asia Cup cricket called off over new pandemic threat

Published 19 May, 2021 08:53pm

The tournament was already held over from last year in Pakistan due to the pandemic.

German insolvencies fall further, new cases also ease

Updated 17 May, 2021 09:58am

BERLIN: Corporate insolvencies in Germany fell by 21.8% on the year in February, the Federal Statistics Office said...

Oil dips as pipeline outage fears ease, India weighs

Published 11 May, 2021 04:27pm

Colonial aims to substantially restore operations by end-week.
COVID-19 outbreak hits India's fuel demand.
OPEC monthly report due 1120 GMT.

IPL 'can't happen' in India while coronavirus rages: Ganguly

Published 10 May, 2021 04:41pm

Ganguly said there was no way for the lucrative tournament to resume before India play the final of the World Test Championship against New Zealand in England on June 18.

Lloyds bank profit jumps as UK economy begins recovery

Published 28 Apr, 2021 04:10pm

That compared with profit after tax of £480 million in the first three months of 2020.

UBS Q1 profit up 14% as Switzerland's No. 1 bank unveils Archegos charge

Published 27 Apr, 2021 12:16pm

First-quarter net profit of $1.824 billion overshot median expectations for $1.591 billion in a poll of 20 analysts compiled by the bank.

Use Covid-19 lessons to battle deadly superbugs: WHO

Published 15 Apr, 2021 05:16pm

The worldwide push to rein in the pandemic had proven that rapid progress can be made when there is enough political will, the WHO pointed out.

Google unveils $2bn data hub in Poland

Updated 15 Apr, 2021 10:09am

WARSAW: US tech giant Google on Wednesday launched a new cloud data hub in Warsaw — its first in Central and...

ECB should make clear its tolerance for overshooting inflation

Published 13 Apr, 2021 08:43pm

The ECB has seen euro area inflation fall short of its near 2% target for eight years and expects to miss the target for years as the bloc emerges from the coronavirus crisis.
Nonetheless, he said there was room to improve guidance the ECB gives the market about how it aims to pursue its inflation target.

Two conservatives declare bids in race to succeed Merkel

Published 13 Apr, 2021 04:31am

The head of Chancellor Angela Merkel’s CDU party and its smaller Bavarian sister party both declared themselves...

Pope urges vaccines for poor in Easter message

Published 04 Apr, 2021 06:20pm

The pope said it was "scandalous" that armed conflicts around the world had not ceased.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Fateh Sports / Jun 4 Fateh Sports Wear Limited(FSWL)	88.32 ▲ 8.03 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	25.38 ▲ 2.26 (9.78%)

Stock	Price
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	106 ▼ -9.45 (-8.19%)
ARM Green Industries / Jun 4 ARM Green Industries Limited(ARMG)	49 ▼ -4.33 (-8.12%)
Ellcot Spinning / Jun 4 Ellcot Spinning Mills Limited(ELSM)	105.80 ▼ -9.02 (-7.86%)
LSE Financial Serv. / Jun 4 LSE Financial Services Limited(LSEFSL)	21.67 ▼ -1.82 (-7.75%)
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.55 ▼ -3.05 (-7.7%)
Gulshan Sp. / Jun 4 Gulshan Spinning Mills Limited(GSPM)	5.73 ▼ -0.45 (-7.28%)
Dewan Textile / Jun 4 Dewan Textile Mills Limited(DWTM)	9.05 ▼ -0.59 (-6.12%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28 ▼ -1.78 (-5.98%)
Paramount Mod / Jun 4 First Paramount Modaraba(FPRM)	13.10 ▼ -0.8 (-5.76%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	45,722,693 ▲ 0.21
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	13,816,520 ▲ 1.88
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	13,008,735 ▲ 2.26
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	12,479,945 ▲ 0.31
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	10,093,300 ▲ 0.44
Telecard Limited / Jun 4 Telecard Limited(TELE)	9,548,216 ▲ 0.36
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	8,115,872 ▲ 0.1
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	7,614,592 ▲ 0.35
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	7,592,108 ▲ 0.01
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	6,705,894 ▲ 0.33

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