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Coronavirus

Bank of England's Saunders says floor for rates might be just below zero

Members of the BoE's Monetary Policy Committee have expressed differing views over the suitability for Britain of negative rates, which have been used in other European countries and in Japan.

Published 04 Dec, 2020 06:12pm

World

Norway to use three vaccines to stop COVID-19 from early 2021

In the first quarter of 2021, Oslo expects to receive a total of 2.5 million doses, covering 1.25 million people, pending approval of the vaccines from European regulators. Norway's population is 5.4 million.

Published 04 Dec, 2020 06:00pm

World

Spain seeks to vaccinate 15-20mn people by mid-2021, PM says

The Spanish government intends to vaccinate between 15 and 20 million people against the coronavarius by May or June next year, Prime Minister Pedro Sanchez said on Friday.

Published 04 Dec, 2020 05:38pm

World

First U.S. delivery of COVID-19 vaccine will leave out many high-risk workers

Across the country, state health departments are preparing local hospitals for the first shipments of Pfizer Inc's COVID-19 vaccine if the U.S. Food and Drug Administration authorizes it, possibly as early as mid-December.

Published 04 Dec, 2020 05:20pm

World

Biden says he has asked Fauci to stay on and join COVID-19 team

President-elect Joe Biden has asked top U.S. infectious disease expert Anthony Fauci to continue in his job and serve as Biden’s chief medical adviser and on the COVID-19 team after Biden takes office on Jan. 20, Biden said on Thursday.
Despite news that vaccines against the virus may begin to be distributed in the coming weeks, the U.S. is experiencing a new surge in hospitalisations and deaths.

Published 04 Dec, 2020 04:40pm

Pakistan

COVID-19: Karachi's District West to go under lockdown till Dec 18

Baldia Town, Gadap, Keamari, Islamnagar, Saeedabad, Mohajir Camp, Maymarabad, Yousuf Goth, Data Nagar, Hanifabad, Pak Colony, Metroville, Bawani Chali, and Frontier Colony will undergo lockdown starting from tomorrow.
District commissioner said all businesses will remain closed, with the exception of grocery stores, pharmacies, as well as shops selling staples and items of day-to-day use.

Updated 04 Dec, 2020 05:21pm

World

Drug Dealers on the Dark Web are illegally selling 'Pfizer COVID Vaccines'

As the United Kingdom is slated to be the first country in the world to carry out a large-scale rollout of the Sars-CoV2 vaccine, the dark corners of the internet are inundated with the "Pfizer COVID-19 vaccine" for sale.
These unverified doses of the vaccine could cost as much as $1300 per dose; blatantly exploiting the unprecedented demand for vaccinations amidst the second wave of the pandemic.

Updated 04 Dec, 2020 04:40pm

Pakistan

16 more NAB Karachi staff members test positive for COVID-19

Employees of the anti-corruption watchdog, who are tested positive for the virus, have been quarantined.

Updated 04 Dec, 2020 02:29pm

Sports

Pakistan squad’s COVID-19 tally climbs to 10 in New Zealand

The players were confined to their rooms when the first cases emerged last week but had hoped to resume training before finishing their stint in isolation on Tuesday.

Published 04 Dec, 2020 02:06pm

Business & Finance

Pakistan’s exports witness strong recovery’ despite COVID resurgence: SBP

The central bank shared data from the Pakistan Bureau of Statistics, showing a sharp recovery of Pakistan’s exports during the year, marred by the coronavirus pandemic.

Updated 04 Dec, 2020 03:58pm

Pakistan

Former accountability court judge Arshad Malik dies of COVID-19

Malik had handed ousted prime minister Nawaz Sharif seven years in jail in the Al Azizia Steel Mills corruption reference

Updated 04 Dec, 2020 11:35am

World

COVID-19 could push one billion people into extreme poverty by 2030, UN warns

UN study suggests that the phenomenon can only be avoided by taking timely measures like investing in public health, social and safety net programmes and green transition

Published 04 Dec, 2020 11:04am

Business & Finance

Analysis: Is a post-COVID currency war coming?

Investors’ growing eagerness to buy into risky assets gave emerging market currencies their best month in nearly two years in November, stretching a run of gains that started in June.

Published 04 Dec, 2020 10:18am

World

Biden says he'll publicly get a COVID-19 vaccine, keep Fauci

“People have lost faith in the ability of the vaccine to work,” Biden said.

Published 04 Dec, 2020 10:15am

PM presents 10-point agenda to fight COVID-19 globally

During his UNGA address, PM said the COVID-19 pandemic is the most serious global crisis since World War II.
Laying out his 10-point agenda to defeat coronavirus, PM requested for debt suspension till the end of the pandemic for low-income countries.

Updated 04 Dec, 2020 10:42am

Pakistan

Alarming situation: 55 more succumb to COVID-19 as country records rapid rise in infections

At least 3,262 fresh coronavirus cases were reported in the last 24 hours while the total death tally due to the deadly disease has reached 8,260

Published 04 Dec, 2020 10:05am

World

France mourns 'great European' Giscard after Covid death

PARIS: Tributes poured in Thursday after the death of former French president Valery Giscard d'Estaing from Covid-19...

Published 04 Dec, 2020 03:04am

Technology

Hackers targeting Covid-19 vaccine supply chain, IBM warns

NEW YORK: Hackers are targeting the coronavirus vaccine supply chain, IBM warned Thursday, saying it had uncovered a...

Published 04 Dec, 2020 03:04am

'Youm-e-Dua' today: Alvi urges Ulema to help contain Covid-19 spread

ISLAMABAD: As there is no let up in the Covid-19 cases in the country, President Arif Alvi on Thursday announced ...

Published 04 Dec, 2020 03:04am

Ensuring global Covid-19 vaccine access seen worth billions to rich nations

LONDON: Rich nations stand to lose hundreds of billions of dollars in economic output over the next five years if...

Published 04 Dec, 2020 03:04am

World

Coronavirus claims 1.5 million lives globally with 10,000 dying each day

Half a million deaths occurred in just the last two months, indicating that the severity of the pandemic is far from over.
The novel coronavirus caused more deaths in the past year than tuberculosis in 2019 and nearly four times the number of deaths due to malaria.

Published 04 Dec, 2020 01:52am

World

Canada could approve Pfizer's COVID-19 vaccine within the next week

Things have been progressing really well, and we're expecting within the next week to 10 days to be making a final decision.
A second wave is sweeping Canada, setting daily records for the number of new cases. So far, Canada has reported a total of 389,778 cases of COVID-19 and 12,325 deaths.

Published 04 Dec, 2020 01:04am

World

US CDC reports 272,525 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 04 Dec, 2020 12:54am

World

France says COVID-19 vaccine will be free for all

Government urges wide uptake.
Vaccination not mandatory.
Shots to be made available through three stages.

Published 04 Dec, 2020 12:25am

Pakistan

Hospitals are bearing an increasing load due to COVID-19 cases resurge: Asad Umar

Criticising opposition for holding rallies despite the outbreak, he said the opposition parties are putting lives of people at risk.

Published 03 Dec, 2020 08:59pm

World

Indonesia sees new daily record 8,369 coronavirus cases

The sharp spike – more than 2,000 cases higher than the previous record on Sunday – brings Indonesia’s infections total to 557,877, among the highest in Asia. It has so far recorded 17,355 deaths related to COVID-19.

Published 03 Dec, 2020 06:16pm

Pakistan

Karachi has highest COVID-19 positivity rate in Pakistan: NCOC

Karachi is followed by Hyderabad, where the the positivity rate stands at 18.43%. With 14.53% Abbottabad stands at third.

Updated 03 Dec, 2020 08:56pm

Pakistan

727 new cases of COVID-19, 25 deaths reported in Punjab

The Punjab health department conducted 2,028,079 tests for COVID-19 so far, while 98,992 confirmed cases recovered altogether in the province.

Updated 03 Dec, 2020 06:01pm

Pakistan

Shibli appeals to public to follow COVID SOPs

During the first wave, Prime Minister Imran Khan adopted a successful strategy caring for both lives and livelihoods and this was acknowledged by the world.

Published 03 Dec, 2020 05:17pm

World

Russia reports record 28,145 new coronavirus cases, 554 deaths

Authorities also reported 554 deaths in the last 24 hours, pushing the official death toll to 41,607 since the pandemic began.

Published 03 Dec, 2020 04:41pm

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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