Trends - Coronavirus - Business Recorder

Coronavirus

Oil slips from multi-month high as virus surge prompt lockdowns

"Adding to the pressure on oil prices is the potential Iranian increase to production in three months. Iran is optimistic the US will ease restrictions if they return back to the 2015 nuclear deal," Moya added.

Published 07 Dec, 2020 01:10pm

World

Indonesia receives over a million Chinese Covid-19 vaccine doses

China has promised to make its vaccines available as a "global public good" as it seeks to counter global criticism for its early handling of the pandemic.

Published 07 Dec, 2020 01:00pm

World

Cambodian PM says no state of emergency to be declared despite spike in COVID-19 cases

"I would like to appeal to the people to keep calm, not to panic, and to work with the government to fight against the COVID-19 based on the guidelines set out by the Ministry of Health."

Published 07 Dec, 2020 12:54pm

World

In Kenya, COVID-19's rural spread strains creaky healthcare

That has led to six COVID-19 deaths in a camp clinic due to lack of equipment like a ventilator, a doctor there told Reuters. A 40-year-old South Sudanese woman was the latest.

Published 07 Dec, 2020 12:23pm

Pakistan

Interior Minister Ijaz Shah gets first dose of COVID-19 trial vaccine

UHS Vice-Chancellor Prof Javed Akram says the minister’s staff members were also administered the trial vaccine
China had supplied the medication, developed by Chinese biotech CanSinoBio in partnership with the Beijing Institute of Biotechnology, to Islamabad as part of a trial agreement

Published 07 Dec, 2020 12:14pm

Business & Finance

COVID-19 set to push over 32mn of the world’s poorest people into extreme poverty: UN

The extreme poverty level in LDCs is projected to expand by 32 million in 2020, to reach 377 million people.

Published 07 Dec, 2020 11:52am

World

India reports nearly 33,000 new coronavirus cases

Cumulative cases now total 9.68 million, the second-highest tally in the world after the United States.

Published 07 Dec, 2020 11:47am

Markets

Indonesian shares near 10-month high on vaccine hopes, ringgit slips

Meanwhile, emerging Asian currencies were a shade higher against a flat dollar, with only the Taiwanese dollar a stand out at 0.9% stronger.

Published 07 Dec, 2020 11:22am

Pakistan

Faisal Mosque's main hall sealed over violations of SOPs

The Deputy Commissioner (DC) Islamabad Hamza Shafqaat said that the hall has been sealed because precautionary measures were not followed during the Friday prayers.

Updated 07 Dec, 2020 01:27pm

Pakistan

Violation of SOPs: 19 wedding halls, 59 markets sealed in Lahore

District administration also sealed 28 restaurants and cafes while fines were also imposed on shops that remained opened after 10pm deadline
DC says there’s a zero tolerance policy against residents violating guidelines given by the government

Published 07 Dec, 2020 11:00am

Sports

Klopp gets 'goosebumps' as Liverpool put on a show for returning fans

Liverpool put the result beyond doubt in the 67th minute when Salah's inswinging cross was met by Matip, who headed in from close range.

Published 07 Dec, 2020 11:00am

Business & Finance

Covid, budget, defence: US Congress braces for tough week

At the same time, Congress members hope to pass the Pentagon's defence budget (NDAA) quickly. Democrats and Republicans have reached a consensus on a bill for $740 billion.

Published 07 Dec, 2020 10:55am

Markets

Tokyo shares open higher

The dollar stood at 104.11 yen, near flat from 104.19 yen on Friday in New York.

Published 07 Dec, 2020 10:50am

Business & Finance

Australia's Westpac to sell Pacific businesses for $312 million

Westpac expects the sale to Papua New Guinea-based Kina Securities Ltd to boost its core capital by 3 basis points, but is writing in an expected loss of A$230 million from the deal.

Published 07 Dec, 2020 10:11am

Pakistan

Dr Faisal Sultan says coronavirus vaccine likely to be available in February

The SAPM said that the COVID-19 vaccine will be administered to people in phases, and will be administered to health professionals first.

Updated 07 Dec, 2020 10:38am

World

Melbourne welcomes first international flight in 5 months as COVID curbs ease

Australia has since March closed its borders to non-citizens, but airports serving Melbourne, Victoria's capital, stopped accepting any arrivals in late June after an outbreak of COVID-19 that begun at two hotels where arrivals were quarantining.

Published 07 Dec, 2020 10:07am

Markets

Dollar index near 2 1/2-year low, euro stays above $1.21

Earlier it fell to as low as $1.3360 after weekend talks stalled on three thorny issues.

Published 07 Dec, 2020 10:02am

World

China reports 15 new COVID-19 cases vs 18 a day earlier

The number of new asymptomatic cases, which China does not classify as confirmed cases, rose to six from two cases a day earlier.

Published 07 Dec, 2020 10:01am

Biden to pick Xavier Becerra for health secretary, key role in battling pandemic: sources

Biden has asked Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and a member of President Donald Trump's coronavirus task force, to stay on as chief medical adviser.

Published 07 Dec, 2020 09:59am

Sinovac secures $515mn funding to boost COVID-19 vaccine production

Depending on market conditions and the availability of financing, it may seek to further expand its production capacity, Sinovac said.

Published 07 Dec, 2020 09:55am

World

South Korea reports 615 new coronavirus cases as third wave grows

South Korea avoided lockdowns but used an intensive system of tracing, testing and quarantining to tamp down two earlier waves of infection.

Published 07 Dec, 2020 09:47am

Markets

OPEC+ to boost output as oil market tightens

In the three months between August and October, the latest for which data is available, UAE production was down by an average of almost 20% compared with the same period a year earlier.

Published 07 Dec, 2020 09:42am

World

Mexico registers 7,455 new coronavirus cases, 261 more deaths

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

Published 07 Dec, 2020 09:40am

Markets

Oil prices fall as surging virus cases force more lockdowns

Iran, meanwhile, has instructed its oil ministry to prepare installations for production and sale of crude oil at full capacity within three months, state media said on Sunday.

Published 07 Dec, 2020 09:33am

World

Giuliani tests positive for COVID-19, latest in Trump's inner circle

Giuliani, who developed an international profile as "America's Mayor" for his leadership after the Sept. 11, 2001, attacks, has faced mounting legal troubles during the Trump administration.

Published 07 Dec, 2020 09:29am

World

South Korea's Moon orders coronavirus testing to be expanded amid third wave

Moon said testing sites should operate longer hours to allow people working.

Published 07 Dec, 2020 09:09am

Business & Finance

Chip shortages could slow automotive production, VW and suppliers say

China is expected to sell more than 22 million vehicles in the first 11 months of 2020, down just 3% from the same period a year earlier.

Published 07 Dec, 2020 09:04am

Biden makes picks for key public health roles as pandemic rages

Biden has asked Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and a member of President Donald Trump's coronavirus task force, to stay on as chief medical adviser.

Published 07 Dec, 2020 08:58am

Sports

Pakistan cleared to leave isolation after negative COVID tests

The team had their exemption to train revoked last week after eight members of the 53-strong squad tested positive during their stay in isolation.

Published 07 Dec, 2020 08:55am

World

Brazil's coronavirus cases top 6.6 million, health ministry says

The South American country has now registered 6,603,540 cases since the pandemic began.

Published 07 Dec, 2020 08:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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