Trends - COVID19 - Business Recorder

COVID19

Singapore begins coronavirus vaccination campaign

The inoculations are yet to receive official approval.

Published 30 Dec, 2020 11:32am

World

Britain to place more parts of country in tier 4 of COVID curbs: The Times

Britain's government reported 53,135 new cases of COVID-19 on Tuesday, the most since mass testing started in mid-2020 and up sharply from the previous record of 41,385 set on Monday.

Published 30 Dec, 2020 11:07am

World

China reports 24 new COVID cases vs 27 a day earlier

The number of new asymptomatic cases, which China does not classify as confirmed cases, rose to 17 cases from eight a day earlier.

Published 30 Dec, 2020 11:04am

Business & Finance

Pakistan’s industries moving towards expansion owing to govt policies says Azhar

Azhar was of the view that owing to measures taken by the incumbent government and institutions, the country was able to convert the COVID-19 crisis into an opportunity.

Published 30 Dec, 2020 10:59am

World

California coronavirus lockdowns extended as hospitals teeter on brink of crisis

Constraints have also been placed on a host of commercial activities, with restaurants limited to takeout and pickup service only and bars closed altogether.

Published 30 Dec, 2020 10:40am

Markets

Dollar slumps as bears shrug off US stimulus delay

Another negative factor for the greenback is expectations that the US Federal Reserve will keep interest rates low for an extremely long time, many analysts say.

Published 30 Dec, 2020 10:08am

Markets

London copper edges up on weaker US dollar

The dollar slumped to multi-year lows against many currencies as traders looked past a new delay in US stimulus checks and maintained bets additional financial aid was still likely.

Published 30 Dec, 2020 10:00am

Markets

Dollar lifts gold amid worries over US stimulus delay

Gold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures rolled out this year to cushion the impact of the pandemic.

Published 30 Dec, 2020 09:50am

Pakistan

Pakistan's coronavirus death toll crosses 10000 mark

Country reported 55 deaths in the last 24 hours.
On Tuesday, Pakistan reported its first confirmed cases of a new coronavirus strain detected in the UK.

Updated 30 Dec, 2020 10:09am

Markets

Asian investors push most markets higher but virus fears remain

Axi analyst Stephen Innes said investors were not expecting anything positive on that front before the end of the year.

Published 30 Dec, 2020 09:28am

World

New virus variant hits US as Biden vows all-out effort

In response, health authorities announced a 10-day quarantine from December 31 for all arrivals.

Published 30 Dec, 2020 09:14am

World

Trump lashes out at Republican leaders over looming veto override

"Weak and tired Republican 'leadership' will allow the bad Defence Bill to pass," Trump said of the looming override by the Senate of his veto of the National Defence Authorization Act.

Published 30 Dec, 2020 08:48am

World

US detects first case of coronavirus variant in Colorado

Fears have been raised by the new strain of Covid-19, which experts say is potentially more transmissible.

Published 30 Dec, 2020 08:45am

World

Moderna in talks with South Korea to supply about 40mn doses of COVID-19 vaccine

Potential distribution of the two-dose vaccine in South Korea is expected to start in the second quarter of 2021, the company said in a statement.

Published 30 Dec, 2020 04:11am

World

Brazil urges vaccine makers to expedite regulatory applications

President Jair Bolsonaro is under growing pressure to explain why Brazil has not begun vaccinating its population against the coronavirus.

Updated 30 Dec, 2020 03:15am

Markets

European stocks extend year-end rally on Brexit deal boost

Irish stocks, also considered a barometer of Brexit sentiment, closed 1.3% higher at their strongest level in more than 13 years.

Published 30 Dec, 2020 12:47am

Markets

S&P 500, Dow at record levels on fiscal aid relief, vaccine optimism

The tech-heavy Nasdaq, however, retreated as investors locked in profit in some of the market leading names such as Apple Inc and Tesla Inc.

Published 30 Dec, 2020 12:18am

World

U.S. Senate to address Trump's request on stimulus checks: McConnell

McConnell, the top Republican in the U.S. Senate, said senators will also address Trump's requests regarding social media company protections and the president's allegations of widespread election fraud.

Published 30 Dec, 2020 12:13am

World

UK coronavirus cases set new daily record, prompting 'extreme concern'

The number of new deaths recorded within 28 days of a positive COVID test also rose to 414 from Monday's 357, taking the total since the start of the pandemic to 71,567.

Published 30 Dec, 2020 12:07am

Pakistan

Variant strain of COVID-19 in five positive UK inbound passengers' samples yet to be evaluated: NCOC

Importantly, it said these results would be confirmed through further analysis (whole genome sequencing) which would take a few more days to complete the study.

Updated 30 Dec, 2020 12:07am

Business & Finance

Mexico expects 100,000 Pfizer vaccines by early January

President Andres Manuel Lopez Obrador told reporters on Tuesday at a news conference that about 50,000 Pfizer vaccines have already arrived.
The government has an agreement to buy up to 35 million doses from the Chinese drugmaker.

Published 29 Dec, 2020 08:21pm

World

Iran launches trial of own Covid-19 vaccine: state TV

The novel coronavirus has killed nearly 55,000 out of more than 1.2 million people infected in Iran.

Published 29 Dec, 2020 07:51pm

World

UK needs tighter COVID rules to avert new "catastrophe", epidemiologist warns

Britain’s government needs to bring in tighter coronavirus lockdown rules to avert a fresh wave of deaths from a new strain of the disease, a leading epidemiologist and government advisor warned on Tuesday.
More than 71,000 people in Britain have died within 28 days of a positive test for the disease.

Published 29 Dec, 2020 06:37pm

Business & Finance

Turkey says it aims to produce Russia's Sputnik V vaccine at home

During the cabinet meeting yesterday, our Health Minister said this information had started to come from Russia and that everything was on the right track.
The aim of this cooperation is not only for vaccine supply but... for this vaccine to be produced in Turkey as well.

Published 29 Dec, 2020 06:17pm

World

Excess deaths in Russia from COVID-19 three times the official toll: Report

According to the Russian Deputy Prime Minister Tatiana Golikova, more than 80% of excess deaths this year are linked to the coronavirus pandemic, which is three times the official death toll.
Official figures state that 55,827 people have died from contracting the coronavirus in Russia, but the excess death estimates would raise that to 186,000 people.

Updated 29 Dec, 2020 05:49pm

Markets

Euro cruises higher as dollar skids again

Bitcoin slipped 2.4% to $26,367, continuing its retreat from the all-time high of $28,377.94 it had set on Sunday.

Published 29 Dec, 2020 03:51pm

Markets

Yuan inches higher on dollar weakness, year-end cash demand

Foreign exchange forward curves moved upward as a result of higher demand for the yuan. Spot-next contract for dollar/yuan jumped to 70 points on Tuesday morning, the highest since late September.

Published 29 Dec, 2020 12:01pm

Markets

A historic oil price collapse, with worries headed into 2021

Shutdowns in more developed economies "increase refineries' exposure to the highly competitive product export market," BP said in its outlook, released in September.

Published 29 Dec, 2020 11:42am

Markets

Gold continues to shine amid COVID-19 marred 2020

Gold prices rose to record levels in August when the price of gold per ounce reached USD 2,075.

Published 29 Dec, 2020 10:53am

Markets

US yields cling to gains after stimulus bill signed

Breakeven rates on 10-year TIPS, which measure expected annual inflation for the next 10 years, were last at 1.967%, little changed from 1.968% on Thursday.

Published 29 Dec, 2020 10:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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