Trends - COVID19 - Business Recorder

COVID19

Bank of England set to wait for end to Brexit stand-off

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Published 17 Dec, 2020 10:55am

World

New Zealand plans vaccine roll-out in second half of 2021

COVID-19 Response Minister Chris Hipkins said the health ministry has purchased nine large minus 80 degree Celsius freezers that can store more than 1.5 million doses of the Pfizer-BioNTech vaccine.

Published 17 Dec, 2020 10:50am

Markets

Dollar in doldrums as progress on US stimulus, Brexit deals dent safety bid

Bitcoin traded at $21,342 after smashing through the $20,000 barrier for the first time overnight, and extending as high as $21,420 on Thursday.

Published 17 Dec, 2020 10:44am

World

FDA says extra doses from vials of Pfizer's COVID-19 vaccine can be used

"However, since the vials are preservative free, it is critical to note that any further remaining product that does not constitute a full dose should not be pooled from multiple vials to create one," the statement added.

Published 17 Dec, 2020 10:28am

Sports

Johnson masters annus horribilis to return to the top

Lee's compatriot Kim Sei-young won the KPMG Women's PGA Championship in October and Kim A Lim, also from South Korea, pulled off a thrilling come-from-behind victory at the US Women's Open in December.

Published 17 Dec, 2020 10:11am

Sports

Australian Open to start on Feb. 8

The ATP tournament scheduled to take place in Adelaide has been moved to Melbourne to be played in the week commencing Jan. 31 alongisde another men's tournament in the city.

Published 17 Dec, 2020 10:08am

Markets

South Korean shares fall as virus worries overshadow US stimulus hopes

South Korea's central bank said it has agreed to renew an existing currency swap agreement with the Fed by another six months to at least Sept. 30, 2021.

Published 17 Dec, 2020 10:04am

Markets

Australia hails faster economic recovery as COVID-19 outbreak suppressed

Adding to the tide of stimulus, the Reserve Bank of Australia (RBA) has slashed interest rates to near zero and launched a A$100 billion bond-buying program, saying creating jobs was a "national priority."

Published 17 Dec, 2020 09:57am

Markets

Copper advances as investors eye further US stimulus

LME aluminium rose 0.5% to $2,044.50 a tonne, zinc advanced 0.4% to $2,842 a tonne .

Published 17 Dec, 2020 09:43am

World

China welcomes WHO-led trip to investigate COVID-19, WHO official says

On Wednesday, a WHO member and diplomats told Reuters the international mission led by the WHO was expected to go to China in the first week of January to investigate the origins of the virus that sparked the COVID-19 pandemic.

Published 17 Dec, 2020 09:28am

World

US vaccine campaign grows as COVID-19 kills 3,000-plus Americans daily

With hospitalizations setting a record for the 19th day in a row - nearly 113,000 patients under treatment on Wednesday - health experts warn that fatalities will rise higher still in the weeks ahead, even as the vaccine campaign steadily expands.

Published 17 Dec, 2020 09:24am

World

US Interior Secretary Bernhardt tests positive for COVID-19

Bernhardt was asymptomatic and would continue to work while in quarantine.

Published 17 Dec, 2020 09:23am

Markets

Gold near 1-week high on growing prospects of US stimulus

Britain and the European Union have moved closer to sealing a new trade deal but it was still unclear if they would succeed, the bloc's chief executive said on Wednesday.

Published 17 Dec, 2020 08:48am

Markets

Australia shares set to open higher as miners poised to ride iron ore rally

The local share price index futures rose 0.4%, a 26.8-point premium to the underlying S&P/ASX 200 index close.

Published 17 Dec, 2020 08:43am

Technology

Twitter bans harmful false claims about COVID-19 vaccinations

The social media company said in a blog post that users could be required to remove tweets with false claims that suggest vaccines are "used to intentionally cause harm to or control populations.
The policy, announced the same week that the first Americans received COVID-19 vaccinations as part of a mass immunization campaign.

Published 17 Dec, 2020 02:09am

World

Americas report 5 million Covid cases in a week: PAHO

Deaths have surpassed 300,000, a milestone that underscores the human toll of this crisis," PAHO director said.

Published 17 Dec, 2020 01:57am

World

US health worker has serious allergic reaction to Pfizer vaccine

The US regulator issued an emergency approval with the warning that people who had known allergies to ingredients inside the vaccine should avoid it.

Published 17 Dec, 2020 01:45am

World

France to get 1.16 million Covid vaccine doses by year end

France has ordered a total of around 200 million doses, which would be enough to innoculate 100 million people.

Published 17 Dec, 2020 01:38am

World

India may need to spend $1.8bn on COVID-19 vaccines in first phase, documents show

India, which has the world's second highest caseload of coronavirus behind the United States, plans to inoculate 300 million people over the next six to eight months.
On the other hand, if India received a lower allocation of 95-125 million doses, then the cost to the government of procuring additional shots would go up to $1.8 billion.

Published 17 Dec, 2020 01:34am

World

State Dept says Pompeo to quarantine after contact with COVID-positive person

Secretary Pompeo has been identified as having come into contact with someone who tested positive for COVID.
"The secretary has been tested and is negative. In accordance with CDC guidelines, he will be in quarantine.

Published 17 Dec, 2020 01:32am

World

WHO vaccine scheme risks failure, leaving poor countries no COVID shots until 2024

COVAX faces "very high" risk of failure, hired Citi for advice.
Scheme plans to deploy 2 bln shots in poor states in 2021.
Failure could delay vaccinations until 2024 in poor countries.

Published 17 Dec, 2020 01:25am

World

COVID-19 surge, depleted fiscal stimulus depress US retail sales

Retail sales fall 1.1% in November; October revised down.
Core retail sales drop 0.5%; dip 0.1% in October.
November decline in sales almost across the board.

Published 17 Dec, 2020 01:16am

World

Ecuador prepares for COVID-19 vaccination campaign with private sector

The government of the Andean nation has set aside $200 million to purchase vaccines from seven companies.
There is a coalition that seeks to integrate various sectors (public and private) so that the purchase.

Published 17 Dec, 2020 12:54am

World

Some vaccine doses kept too cold, Pfizer having manufacturing issues, US officials say

At least two trays of COVID-19 vaccine doses delivered in California needed to be replaced after their storage temperatures dipped below minus 80 Celsius.
We will ensure that by whatever mechanism, that we provide them full support to ensure that they can produce for the American people.

Published 17 Dec, 2020 12:19am

World

Nigeria expects to get its first COVID-19 vaccine doses in January

Africa's most populous nation has not been as hard-hit by the coronavirus pandemic as others on the continent such as South Africa.
We have 200 million citizens. We need to have a way to be able to get enough to be able to take care of our citizens.

Published 17 Dec, 2020 12:17am

World

US Congress could vote on $900bn COVID-19 aid bill by Thursday

They are nearing a deal as rates of COVID-19 infections are soaring to new highs, even as the United States starts to vaccinate people.
Congressional leaders made substantial progress toward compromising on a new coronavirus aid plan during talks that stretched into the night on Tuesday.

Published 17 Dec, 2020 12:08am

World

State Dept says Pompeo to quarantine after contact with COVID-positive person

"Secretary Pompeo has been identified as having come into contact with someone who tested positive for COVID.

Published 16 Dec, 2020 09:36pm

World

UK PM Johnson says would be ‘inhuman’ to ban Christmas

"I want to be clear we don't want to, as I say, to ban Christmas, to cancel it," he told a media conference.

Published 16 Dec, 2020 09:33pm

World

France may start COVID-19 vaccinations in last week of Dec: PM

Castex told parliament that the vaccine campaign in France would then be stepped up in January, with the elderly and other more vulnerable groups coming first in the queue.

Published 16 Dec, 2020 09:30pm

World

Potential $900bln U.S. COVID-19 bill to include checks for individuals –reports

The potential agreement could come as early as later on Wednesday morning, according to Politico and the Washington Post, which both cited multiple sources involved in or briefed on the ongoing talks.
Unemployment benefits would also be extended as part of the package, the reports said.

Published 16 Dec, 2020 09:20pm

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Jun 8 Security Investment Bank Limited(SIBL)	5.03 ▲ 1.00 (24.81%)
Zephyr Textile / Jun 8 Zephyr Textiles Limited(ZTL)	9.98 ▲ 0.98 (10.89%)
Haseeb Waqas / Jun 8 Haseeb Waqas Sugar Mills Limited(HWQS)	5.50 ▲ 0.53 (10.66%)
Hussain Industries / Jun 8 Husein Industries Limited(HUSI)	12.55 ▲ 1.00 (8.66%)
Kohinoor Mills / Jun 8 Kohinoor Mills Limited(KML)	52.68 ▲ 3.68 (7.51%)
Colgate Palm / Jun 8 Colgate-Palmolive (Pakistan) Limited(COLG)	1801.55 ▲ 125.69 (7.50%)
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	281.39 ▲ 19.63 (7.50%)
Khyber Tobacco / Jun 8 Khyber Tobacco Company Limited(KHTC)	489.02 ▲ 34.12 (7.50%)
Sunrays Textile / Jun 8 Sunrays Textile Mills Limited(SUTM)	123.63 ▲ 8.63 (7.50%)
Bunnys Limited / Jun 8 Bunnys Limited(BNL)	16.23 ▲ 1.13 (7.48%)

Stock	Price
Century Paper / Jun 8 Century Paper & Board Mills Limited(CEPB)	30.86 ▼ -24.67 (-44.43%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.47 ▼ -0.13 (-21.67%)
Sindh Modaraba / Jun 8 Sindh Modaraba(SINDM)	7.20 ▼ -1.00 (-12.20%)
Pak Gulf Leasing / Jun 8 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▼ -0.84 (-11.37%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.59 ▼ -0.06 (-9.23%)
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	3.53 ▼ -0.35 (-9.02%)
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	5.65 ▼ -0.55 (-8.87%)
JDW Sugar / Jun 8 JDW Sugar Mills Limited(JDWS)	370 ▼ -34.00 (-8.42%)
Bilal Fibres / Jun 8 Bilal Fibres Limited(BILF)	2.25 ▼ -0.19 (-7.79%)
Pak Leather / Jun 8 Pak Leather Crafts Limited(PAKL)	13.18 ▼ -1.07 (-7.51%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,537 ▼ -0.04
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	28,717,723 ▲ 0.73
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,584,665 ▼ -0.31
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,416,500 ▼ -0.18
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	15,277,141 ▼ -0.20
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	11,614,238 ▼ -0.31
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,759 ▼ -0.48
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,934,796 ▼ -4.26
Fauji Foods Ltd / Jun 8 Fauji Foods Limited(FFL)	9,822,229 ▼ -0.11
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	8,850,000 ▼ -0.35

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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