Trends - coronavirus pandemic - Business Recorder

Business & Finance

Pandemic offers southern Italians chance to return home

"The quality of life you have here is very different from what you experience up north, and it is priceless."

Updated 23 May, 2021 05:25pm

Pakistan

Saudi Arabia allows 60,000 pilgrims, including Pakistanis to perform Hajj

This will be the first time that foreigners from outside the Kingdom will have the opportunity to perform Hajj since the outbreak of the COVID-19 virus
People under the age of 18 and over 60 will not be allowed to go for Hajj this year due to the COVID-19 pandemic

Published 23 May, 2021 09:24am

World

Nepal calls new elections amid pandemic crisis

KATHMANDU: Nepal's parliament was dissolved for the second time in five months Saturday and new elections called for...

Updated 23 May, 2021 05:15pm

Opinion

Perhaps the last chance

Prime Minister Imran Khan this week again said that the appointment of Shaukat Tarin as finance minister is aimed at...

Published 22 May, 2021 04:05am

Print

Xi pledges $3bn pandemic aid for poor nations

BEIJING: China’s President Xi Jinping on Friday pledged an additional $3 billion in aid over the next three years...

Published 22 May, 2021 04:05am

World

Canada likely to extend travel ban on India, Pakistan

A statement from Health Canada said that the government was monitoring the situation and may extend the travel ban to continue to protect Canadians.
Air Canada spokesperson, Peter Fitzpatrick, said that they have postponed the existing flight suspension to India until June 22, without mentioning Pakistan.

Updated 21 May, 2021 07:42pm

World

China's Xi pledges $3bn pandemic aid for poor nations

The funds will go toward supporting the COVID-19 response and economic and social recovery, Xi said in a speech at the Group of 20 Global Health Summit.
China has already supplied 300 million vaccine doses to the rest of the world and will provide more to the best of its ability, he added.

Published 21 May, 2021 07:05pm

Pakistan

COVID pandemic could trigger chaos in Asia if disease is not contained, warns PM Khan

Imran says the coronavirus outbreak has created the worst global health, economic, and social crisis in the past 100 years
Pakistan's first priority is to confront and conquer the COVID-19 pandemic: Premier

Published 21 May, 2021 04:40pm

World

Japan's jobless rate seen up, Tokyo CPI far below BOJ's inflation goal

Market players are closely watching the Tokyo-area CPI, which is available a month before nationwide figures, as a leading price indicator.

Published 21 May, 2021 11:40am

Sports

China table tennis facing 'unprecedented threat' at Olympics

Mima Ito, the women's world number two from Japan, has been identified by Chinese media as the prime threat to another clean sweep in Tokyo.

Published 21 May, 2021 09:50am

Business & Finance

Malaysia's AirAsia X posts record quarterly loss, eighth in a row

The airline, an affiliate of AirAsia Group Bhd, on Thursday reported a net loss of 5.67 billion ringgit ($1.37 billion) in January-March, more than 10 times the loss of 549.7 million ringgit seen in the same period last year.
Revenue for the quarter fell 95.8% to 38.5 million ringgit.

Published 20 May, 2021 06:55pm

World

Virus-hit Singapore Airlines reports biggest annual net loss

SINGAPORE: Singapore’s national airline reported Wednesday its worst annual net loss of $3.2 billion in the...

Updated 20 May, 2021 09:23am

Pakistan

NCOC allows reopening of schools, outdoor dining from May 24

The NCOC has allowed the reopening of schools and colleges from May 24 in areas where the COVID positivity ratio is less than 5 percent.

Updated 19 May, 2021 07:29pm

Markets

Wheat tour finds above-average crops in northern Kansas

Scouts will tour fields in southwestern and south-central Kansas on Wednesday before releasing a final yield forecast for the state on Thursday.

Published 19 May, 2021 12:51pm

Markets

Julius Baer confirms targets as AuM grow 8% through April

The bank in February posted a 50% rise in 2020 net profit, as booming markets and strong client trading helped it overshoot its mid-term targets.

Published 19 May, 2021 11:44am

World

US Congress passes bill to fight rise in anti-Asian crimes

Seniors have been attacked and businesses vandalized, while videos have shown Asian Americans getting stabbed, beaten up and otherwise confronted in public spaces.

Published 19 May, 2021 10:21am

Business & Finance

Eurostar wins financing to escape bankruptcy

PARIS: Train operator Eurostar said Tuesday it had secured a 290-million-euro rescue package to keep afloat while...

Published 19 May, 2021 06:00am

Markets

Australia, NZ dollars in tight bands awaiting clues on inflation

Australian government bond futures eased too, with the three-year bond contract off 1 tick at 99.74 ticks, implying yield of 0.25% when the cash rate is at 0.1% now.

Published 18 May, 2021 12:30pm

Pakistan

Govt providing all possible facilities to journalist community: Dr Firdous

Dr Firdous said the government was making all possible efforts for providing maximum facilities to the journalists.

Published 17 May, 2021 10:49pm

Markets

Asian equities see foreign inflows for first time this year

SINGAPORE: Overseas investors turned net buyers of Asian equities in April for the first time this year, helped by...

Published 17 May, 2021 06:14am

Markets

Russian stocks to hit new highs

MOSCOW: Russia’s stock market will hit all-time highs this year, boosted by strong commodity prices, record low...

Published 17 May, 2021 06:14am

Markets

Wall Street week ahead: Retailers set for earnings stage after turbulence

NEW YORK: Earnings reports from major retailers will be in focus next week after the US stock market suffered one of...

Published 17 May, 2021 06:14am

Pakistan

COVID-19: Pakistan reports 76 deaths, 2,379 new infections in 24 hours

The coronavirus positivity rate in the country is 7.82 percent
Since the COVID outbreak, Punjab has reported the most number of infections with 324,589 cases, followed by Sindh with 297.078 infections

Updated 16 May, 2021 09:52am

Print

WB approves $153m to support vaccination drive

ISLAMABAD: The World Bank’s Board of Executive Directors has approved the restructuring of the Pandemic Response...

Published 16 May, 2021 04:26am

Business & Finance

Calendar year 2020: Decrease in GDP rate led to net job loss of 0.7m: report

LAHORE: The Lahore School of Economics, macro model for the Pakistan economy estimated that GDP growth over the...

Updated 16 May, 2021 10:38am

Pakistan

Sindh govt stops fresh Sinopharm vaccinations to ensure adequate supply

Murtaza Wahab says Sinopharm has not been banned in Sindh, only its fresh dose has been stopped for the time being
The Sindh Health Department has instructed the medical staff to administer the AstraZeneca vaccine instead of Sinopharm to first-time receivers

Published 15 May, 2021 10:23am

Business & Finance

BoE's Bailey calls for fix to ‘dangerous gap’ in money market rules

"The dash for cash provided an unwelcome reminder that the post-financial crisis did not finish the job and left a dangerous gap in our exposure to the risk of financial instability," Bailey said in a speech to the International Swaps and Derivatives Association.

Published 12 May, 2021 07:41pm

Pakistan

Sindh govt allows takeaway facility at restaurants, vaccination centres to remain open during Eid holidays

Sindh CM says the provincial government has permitted a takeaway facility but the restaurants will not use chairs or provide any kind of sitting facility
Murad says 64 deaths and 7.08 percent cases were reported in the fourth week of Ramazan

Published 12 May, 2021 01:26pm

Print

Over 40 years of age: Walk-in Covid vaccination facility from today: Umar

ISLAMABAD: The National Command and Operation Centre (NCOC) Chairman Asad Umar Tuesday said the government is to...

Published 12 May, 2021 04:23am

Pakistan

Fazl directs party workers to stay home during Eid days

Similarly, they should also not visit other party leader’s homes, shrines, recreational places etc during the Eid days, he added.

Published 11 May, 2021 10:34pm