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Coronavirus

Gold falls as investors fret over US stimulus delay

Spot gold slipped 0.2% to $1,835.40 per ounce by 0707 GMT, after falling as much as 2.5% on Wednesday. US gold futures were steady at $1,839.20.

Published 10 Dec, 2020 12:40pm

Sports

Hamilton and Russell in season-ending Abu Dhabi waiting game

The travelling members of the F1 paddock all arrived from Bahrain on special charter flights on Monday and have been kept isolated under a strict protocol.

Published 10 Dec, 2020 12:13pm

Technology

Data broker X-Mode being booted from mobile apps

However, according to the Journal, it also gave developers a warning that X-Mode tracking software must be removed from smartphone apps which otherwise risk being blocked.

Published 10 Dec, 2020 12:11pm

Pakistan

Sindh CM's adviser Aijaz Shah Shirazi passes away from coronavirus

He was under treatment at a private hospital in Karachi.
He served as a provincial minister and adviser multiple times as well.

Updated 10 Dec, 2020 12:35pm

Markets

Asian markets drop as talks on stimulus, Brexit falter again

Hopes US lawmakers could be close to a breakthrough in deadlocked talks helped fire a rally across Asian markets Wednesday after the White House proposed an economic rescue package that was bigger than a bipartisan plan put forward last week.

Published 10 Dec, 2020 11:56am

World

Air pollution: Covid-hit Bulgaria faces compound risk

"If air pollution has made people vulnerable through chronic illnesses, the virus tends to get rid of them," said Simidchiev.

Published 10 Dec, 2020 11:48am

World

China imposes further duties on Australian wine

Beijing also suspended beef imports from four Australian slaughterhouses in May and hit barley shipments from the country with tariffs.

Published 10 Dec, 2020 11:46am

Pakistan

Pakistan reports 56 deaths, over 3,000 COVID-19 cases in past 24 hrs

Amid a surge in Covid-19 cases and fatalities, Prime Minister Imran Khan convened a meeting of the NCC today to review the coronavirus situation in the country.
A total of 40,202 tests were conducted across the country during past 24 hours.

Updated 10 Dec, 2020 12:03pm

Business & Finance

SoftBank reaps $11.2 billion gain from DoorDash investment

SoftBank has had other investment wins of late, including a rally in the shares of ride-hailing app Uber Technologies Inc , where it is a top shareholder, and the sale of semiconductor manufacturer Arm Ltd to Nvidia Corp for $40 billion.

Published 10 Dec, 2020 11:22am

World

EU leaders to unblock EU budget, recovery fund, set new climate goals

This could push the application of the new rules past the 2022 elections in Hungary, which some EU officials said Hungarian Prime Minister Viktor Orban was keen on.

Published 10 Dec, 2020 11:16am

Pakistan

PM Imran, Bill Gates discuss COVID-19, polio eradication

PM acknowledged the Foundation’s continued support for the Ehsaas Programme, which would help the most vulnerable segments of Pakistan’s population.
Gates acknowledged Pakistan’s efforts to combat the Covid-19 pandemic while stimulating economic growth.

Published 10 Dec, 2020 11:15am

World

Ghana president Akufo-Addo promises economic boost after election win

"There has been a lot of contentions and tensions from both the NPP and the NDC. But I am glad it has ended in peace," said voter Amadu Salisu.

Published 10 Dec, 2020 11:09am

Markets

Pound drops as Brexit impasse unsettled after Johnson-von der Leyen meeting

ECB President Christine Lagarde has made clear in recent weeks that a bigger Pandemic Emergency Purchase Programme (PEPP) and more subsidised long-term loans for banks will form the backbone of its policy measures.

Published 10 Dec, 2020 11:00am

Mnuchin says COVID aid checks would spur more jobs than unemployment supplement

He said he was "cautiously hopeful" that the two parties could reach agreement on aid to support the economy until COVID-19 vaccines are widely available.

Published 10 Dec, 2020 10:41am

World

UK issues anaphylaxis warning on Pfizer vaccine after adverse reactions

The briefing documents said 0.63% of people in the vaccine group and 0.51% in the placebo group reported possible allergic reactions in trials, which Peter Openshaw, professor of experimental medicine at Imperial College London, said was a very small number.

Published 10 Dec, 2020 10:38am

World

Mexico registers 11,974 new coronavirus cases, 781 more deaths

The government says the real number of infected people is likely significantly higher than the confirmed cases.

Published 10 Dec, 2020 10:32am

Business & Finance

Developing Asia's projected 2020 contraction to be less severe than expected, ADB says

Southeast Asia faces a bleaker outlook with this year's economic output seen to suffer a deeper slump of 4.4%, before growing 5.2% next year, down from an earlier forecast for 5.5% growth.

Published 10 Dec, 2020 10:23am

Markets

Palm oil still targets 3,261-3,300 ringgit range

On the daily chart, the contract may fall towards 3,274 ringgit, as it failed to break a resistance at 3,411 ringgit, the 50% projection level of a presumed wave C from 2,691 ringgit.

Published 10 Dec, 2020 10:20am

Markets

Australia govt debt yields negative rate in latest sale

The Reserve Bank of Australia (RBA) slashed its official cash rate thrice this year to a record low 0.1% to cushion the blow to the economy from the coronavirus pandemic.

Published 10 Dec, 2020 10:04am

World

Australian scientists develop genome sequencing to trace COVID-19 cases within four hours

"By identifying this genetic variation, we can establish how different cases of coronavirus are linked," UNSW scientist Rowena Bull said.

Published 10 Dec, 2020 09:47am

Markets

Oil rises on vaccine rollout, concern on Iraq oilfield attack

"While the wells were small, it has raised concerns of further disruptions," ANZ Research said in a note.

Published 10 Dec, 2020 09:44am

Markets

Australian dollar near 2-1/2-year top; NZ$ stumbles

Domestic data was less supportive too with electronic card retail sales rising a mere 0.1% in November, suggesting policy will have to remain accommodative to fuel consumer spending.

Published 10 Dec, 2020 09:40am

World

South Korea scrambles to build container hospital beds to combat third

The resurgence of infections has rekindled concerns about an acute shortage of hospital beds, prompting Seoul city to begin installing container beds for the first time since the start of the pandemic.

Published 10 Dec, 2020 09:19am

Markets

Gold treads water after sharp sell-off on US stimulus delay

Offering a glimmer of hope was comments from some US health officials that vaccinations could begin as soon as this weekend.

Published 10 Dec, 2020 09:16am

Markets

Wall Street ends lower on stimulus uncertainty, Facebook weighs

Two allergic reactions were reported on the first day of the rollout of the Pfizer COVID-19 vaccine, the head of Britain's medicine regulator said on Wednesday.

Published 10 Dec, 2020 08:47am

World

US airlines say vaccine cargo could help restart passenger flights

For the vaccine rollout, airlines said they expect some direct shipper arrangements with the manufacturers themselves, and enough business for any airline with the capacity and infrastructure to handle it.

Published 10 Dec, 2020 08:45am

BR Research

Covid-19 and the rising educational insecurities

Schools started opening in a phased manner after six-month closure in September but have recently been closed again...

Published 10 Dec, 2020 07:40am

World

7 of top 10 killers pre-Covid were non-communicable diseases: WHO

Covid-19 is likely to figure in the 2020 top 10, WHO officials said, with the death toll having passed the 1.5 million mark on December 3.

Published 10 Dec, 2020 03:11am

Pakistan

Punjab reports 613 new coronavirus cases, 21 deaths: Online examinations for MBBS Year IV and Final begins

LAHORE: There is no let up in spread of COVID-19, as Punjab has reported 613 fresh cases and 21 deaths over the past...

Published 10 Dec, 2020 02:57am

Pakistan

Cricket, coronavirus, US polls most trending searches on Google Pakistan

LAHORE: Cricket, passionately followed in Pakistan, Coronavirus and the US elections were the most trending searches...

Published 10 Dec, 2020 02:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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