Trends - COVID19 - Business Recorder

COVID19

WHO investigators heading to China in early January to probe virus

Mike Ryan, WHO's top emergency expert, said international experts would go to the central Chinese city of Wuhan.
We still don't have a take-off date because we are working on the logistics around visas and flights. We do expect the team to be going there in the first week of January. There will be quarantine arrangements.

Published 19 Dec, 2020 12:19am

World

French coronavirus death toll over 60,000 for first time

There were 264 new deaths in hospitals, compared to 258 on Thursday, and a three-day batch of 346 deaths reported in retirement homes.
France also reported 15,674 new confirmed COVID-19 cases in the past 24 hours, down from 18,254 on Thursday.

Published 19 Dec, 2020 12:17am

World

Still no COVID-19 relief bill as US Congress faces shutdown deadline

Republicans and Democrats have been negotiating intensely this week on what is expected to be the biggest package.
Congressional leaders plan to attach the COVID-19 aid to a $1.4 trillion funding bill to keep the government open through September 2021.

Published 19 Dec, 2020 12:07am

World

Trudeau commits Canada to sharing any extra vaccine doses

As Canada gets vaccinated, if we have more vaccines than necessary, absolutely we will be sharing with the world.
Canada has reserved more vaccine doses per capita than any other country. In the unlikely event that all the experimental vaccines perform well in trials.

Published 18 Dec, 2020 10:54pm

World

French President Macron: will continue to work on Brexit despite COVID illness

“I am working at a slightly slower pace because of the virus, but I shall continue to focus on high-priority issues, such as our handling of the epidemic, or for example the Brexit dossier,” said Macron.

Published 18 Dec, 2020 09:34pm

World

Trudeau commits Canada to sharing any extra vaccine doses

In the unlikely event that all the experimental vaccines perform well in trials, it could access enough doses to vaccinate the Canadian population more than five times over.

Published 18 Dec, 2020 09:13pm

World

Still no COVID-19 relief bill as U.S. Congress faces shutdown deadline

Congressional leaders plan to pass the COVID-19 aid as part of sweeping legislation to fund the government through September 2021.

Published 18 Dec, 2020 08:20pm

Pakistan

PDM responsible for hike in corona cases: SACM

The SACM said that 31 corona patients died and 831 new cases were reported during the last 24 hours in Punjab.

Published 18 Dec, 2020 07:33pm

Markets

Wall St to open flat as stimulus rally cools; Weekly gains on tap

U.S. S&P 500 E-minis were up 1 point, or 0.03pc at 8:06 a.m. ET, Dow E-minis were up 6 points, or 0.02pc, while Nasdaq 100 E-minis were up 2.25 points, or 0.02pc.

Published 18 Dec, 2020 06:50pm

World

Trump jumps gun on FDA, says Moderna vaccine 'approved'

The Food and Drug Administration is expected to issue formal approval Friday. This would make Moderna's vaccine the second to be approved in a Western country following the one developed by Pfizer-BioNTech.

Published 18 Dec, 2020 06:47pm

World

India says ready to soon start voluntary COVID-19 vaccination

The country recorded 22,890 new coronavirus infections in the past 24 hours, taking the total to near 10 million, with 144,789 deaths.

Published 18 Dec, 2020 06:37pm

Markets

Russian rouble dives, central bank keeps rates unchanged

The rouble was 1.2pc weaker against the dollar at 73.67, slipping away from a more than four-month high of 72.6475 hit on Thursday.

Published 18 Dec, 2020 06:28pm

World

UK PM Johnson says he hopes to avoid another lockdown for England

"Obviously we're hoping very much that we'll be able to avoid anything like that," Johnson told reporters. "But the reality is that the rates of infection have increased very much in the last few weeks."

Published 18 Dec, 2020 06:03pm

World

Covid-19 vaccine delivery to poor countries to start in early 2021: WHO

Announcing the agency had secured nearly two billion doses of vaccine candidates, the WHO said in a statement that this would "enable all participating economies to have access to doses in the first half of 2021, with first deliveries anticipated to begin in the first quarter of 2021."

Updated 18 Dec, 2020 06:46pm

Business & Finance

Zoom's Christmas gift: no cap on call lengths over the holidays

Zoom Video Communications Inc, whose technology has become a feature of household get togethers in 2020’s socially distanced world.

Updated 18 Dec, 2020 07:03pm

Pakistan

National COVID positivity surges at 7.59 percent; 2,447 patients critical

The positivity ratio was determined on the basis of positive cases appearing in 100 samples of COVID-19 patients.

Published 18 Dec, 2020 05:44pm

Pakistan

Smart lockdown to be extended in 10 areas of Hyderabad from Dec 19

The SSP, all wing commanders and Assistant Commissioners have been directed to implement orders strictly in the best interest of the general public.

Published 18 Dec, 2020 05:37pm

World

Ukraine PM says first COVID-19 vaccines expected in Feb

Separately, Health Minister Maksym Stepanov said Ukraine wanted to resume production of its own vaccine candidate and a clinical trial was being prepared, without giving details.

Published 18 Dec, 2020 05:15pm

World

Swiss coronavirus cases surpass 400,000, deaths top 6,000

The total number of confirmed cases in Switzerland and neighbouring principality Liechtenstein increased to 403,989, the death toll rose by 120 to 6,003, and 184 new hospitalisations kept pressure on the health care system.

Published 18 Dec, 2020 05:09pm

World

New virus restrictions threaten Hong Kong's last true junk boat

But the wooden ship has been docked after new measures to stem a fourth wave of the coronavirus were introduced earlier this month, threatening the city's last remaining antique junk.

Published 18 Dec, 2020 05:06pm

World

Hungary to start vaccinations, launch anti-COVID economic measures

Hungary's economy took a big hit in the pandemic, and the government expects gross domestic output to shrink by about 6% in 2020 followed by a modest rebound in 2021.

Published 18 Dec, 2020 05:04pm

Markets

Dollar consolidates losses after week-long drubbing

The dollar index recovered on the day and was last up 0.2pc just short of 90, but remained on track for a fall of 1pc over the week. It had reached its lowest in more than two years at 89.723 on Thursday.

Published 18 Dec, 2020 04:57pm

World

Australian virus cluster triggers travel clampdown

The outbreak follows a period of relative normality in the city after it proved a success in keeping a lid on the virus in recent months.

Published 18 Dec, 2020 04:50pm

Pakistan

Sindh finalise plan for COVID-19 vaccination

The province has crossed over 200,000 infections as Pakistan reported more than 2,500 coronavirus cases in past 24 hours for the third day in a row.
In the first phase, health workers and medical staff will receive the vaccine.

Updated 18 Dec, 2020 04:55pm

Markets

Dollar consolidates losses after week-long drubbing

The dollar rebounded as much as half a percent against the yen to 103.595 yen but remains 0.5pc down versus the Japanese currency for the week.

Updated 18 Dec, 2020 05:03pm

Business & Finance

Poland's November industrial output beats estimates

While the second wave of COVID-19 has hit Poland hard, recent data has shown that the economic impact has been milder.

Published 18 Dec, 2020 04:14pm

Markets

Indian shares end flat; post seventh weekly jump in longest rally in 20 mths

Infosys Ltd was the top boost to the Nifty 50 index, gaining 2.6pc, private-sector lender HDFC Bank was the top drag, falling 2.1pc.

Published 18 Dec, 2020 03:58pm

Markets

Russian rouble weakens ahead of central bank rate decision

At 0743 GMT, the rouble was 0.7pc weaker against the dollar at 73.32, slipping away from a more than four-month high of 72.6475 hit on Thursday.

Published 18 Dec, 2020 03:48pm

Sports

New Zealand draw first blood in Pakistan T20 series

Pakistan had a rocky preparation for the match when 10 of their touring party tested positive for Covid-19 during quarantine after arriving in New Zealand.

Published 18 Dec, 2020 03:39pm

World

As pandemic rages across U.S., Congress scrambles to reach relief deal

As the coronavirus pandemic roared to new record highs across the United States, it lit a fire in the U.S. Congress, where Republicans and Democrats were scrambling to pass a new round of aid after months of partisan finger-pointing and inaction.
Multiple lawmakers floated the possibility the federal government would run out of money early Saturday morning while the COVID-19 relief negotiations continue.

Updated 18 Dec, 2020 04:27pm

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / May 30 Trust Modaraba(TRSM)	1.60 ▲ 0.25 (18.52%)
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	1.28 ▲ 0.18 (16.36%)
Asim Textile / May 30 Asim Textile Mills Limited(ASTM)	6.09 ▲ 0.84 (16.00%)
Pak Gulf Leasing / May 30 Pak-Gulf Leasing Company Limited(PGLC)	7.85 ▲ 0.87 (12.46%)
Saif Textile / May 30 Saif Textile Mills Limited(SAIF)	9.45 ▲ 1.00 (11.83%)
HBL Growth Fund / May 30 HBL Growth Fund(HGFA)	3.64 ▲ 0.34 (10.30%)
Reliance Ins. / May 30 Reliance Insurance Company Limited(RICL)	9 ▲ 0.81 (9.89%)
Punjab Mod / May 30 First Punjab Modaraba(FPJM)	1.35 ▲ 0.12 (9.76%)
Gammon Pak / May 30 Gammon Pakistan Limited(GAMON)	4.98 ▲ 0.42 (9.21%)
Imperial Limited / May 30 Imperial Limited(IML)	11.74 ▲ 0.99 (9.21%)

Stock	Price
Sindh Modaraba / May 30 Sindh Modaraba(SINDM)	7.30 ▼ -1.00 (-12.05%)
Samba Bank / May 30 Samba Bank Limited(SBL)	6.10 ▼ -0.83 (-11.98%)
Pak Agro Pack. (GEM) / May 30 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7 ▼ -0.95 (-11.95%)
Bilal Fibres / May 30 Bilal Fibres Limited(BILF)	2.13 ▼ -0.27 (-11.25%)
Ruby Textile / May 30 Ruby Textile Mills Limited(RUBY)	3.10 ▼ -0.30 (-8.82%)
Arctic Textile / May 30 Arctic Textile Mills Limited(ARCTM)	10.64 ▼ -1.00 (-8.59%)
Sitara Energy / May 30 Sitara Energy Limited(SEL)	6.07 ▼ -0.52 (-7.89%)
Askari Life Assur. / May 30 Askari Life Assurance Company Limited(ALAC)	4.96 ▼ -0.42 (-7.81%)
Prosperity Weav / May 30 Prosperity Weaving Mills Limited(PRWM)	34.68 ▼ -2.81 (-7.50%)
John&Philips / May 30 Johnson & Phillips (Pakistan) Limited(JOPP)	35.06 ▼ -2.84 (-7.49%)

Stock	Volume
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	193,869,332 ▲ 0.18
Maple Leaf Cement / May 30 Maple Leaf Cement Factory Limited(MLCF)	10,934,443 ▼ -0.33
K-Electric Ltd. / May 30 K-Electric Limited(KEL)	8,927,348 ▲ 0.04
National Bank / May 30 National Bank of Pakistan(NBP)	6,677,000 ▼ -0.51
D.G.K.Cement / May 30 D.G. Khan Cement Company Limited(DGKC)	6,416,911 ▲ 2.06
TPL Properties / May 30 TPL Properties Limited(TPLP)	6,146,502 ▼ -0.22
TRG Pak Ltd / May 30 TRG Pakistan Limited(TRG)	5,905,462 ▲ 4.41
Cnergyico PK / May 30 Cnergyico PK Limited(CNERGY)	5,687,015 ▲ 0.05
Unity Foods Ltd / May 30 Unity Foods Limited(UNITY)	5,667,051 ▼ -0.07
Globe Residency / May 30 Globe Residency REIT(GRR)	5,653,000 ▼ -0.01

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	285.57
USD PKR Interbank Buying / May 29	285.17
USD to Japanese Yen / May 29	140.34
USD to Swiss Franc / May 29	0.90
Pound Sterling to USD / May 29	1.23
Euro to USD / May 29	1.07
UK LIBOR % / May 26	5.06

Stock	Volume
S&P 500 / May 26	4205.45
Nasdaq / May 26	12975.69
FTSE 100 / May 26	7627.20
Dow Jones / May 26	33093.34
India Sensex / May 29	62846.38
Tokyo Nikkei / May 29	31233.54
Hang Seng / May 29	18633.64
Germany DAX 30 / May 29	16022.66
France CAC40 / May 29	7328.69

Item	Value
Crude Oil USD/Barrel / May 26	72.67
Karachi Cotton PKR/37.32 KG / May 26	20235
Gold 10 Grams PKR / May 26	202118
Gold Spot USD/Ounce / May 26	1946.46
Cotton US¢/pound / May 26	80.54

COVID19

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