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COVID19

Costa Rica authorizes Pfizer's COVID-19 vaccine

The United States, Britain, Canada, Bahrain, Mexico, Saudi Arabia and Singapore have also approved or authorized emergency use of the shot.

Published 16 Dec, 2020 11:32am

World

Record climate disasters in Asia-Pacific push millions to 'breaking point'

In Vietnam, CARE's country director Le Kim Dung said the pandemic had made it harder to bounce back, particularly in rural areas, from widespread floods that had inundated many provinces hit by heavy rains and a series of typhoons since early October.

Published 16 Dec, 2020 11:12am

World

Panama approves Pfizer's COVID-19 vaccine

Neighboring Costa Rica also approved the drug on Tuesday, joining a number of other countries including the United States and Britain.

Published 16 Dec, 2020 11:06am

Business & Finance

Global demand for Pakistan’s goods rise, amid timely govt measures: Baqir

He said that as the global demand returns, the demand for Pakistani products is increasing which has lead to increase orders for our exporters.

Published 16 Dec, 2020 10:35am

World

Australia reports first local COVID-19 case in two weeks after airport worker tests positive

"As the virus seemed to be contained in terms of community transmission, our most exposed areas are principally around our borders... we may be an island but we are not totally isolated from the pandemic that is raging across the world," he said.

Published 16 Dec, 2020 10:31am

Markets

Copper advances on solid China data, vaccine optimism

China's factory output grew at the fastest pace in 20 months in November on rising demand for its manufactured goods.

Published 16 Dec, 2020 09:59am

Markets

Indian shares hit record highs on Mahindra and Mahindra boost

Automaker Mahindra and Mahindra rose 2.5% on Wednesday and was the top percentage gainer on the Nifty 50.

Published 16 Dec, 2020 09:39am

World

Five million more Afghans will need help in 2021: UN

Opened in September in Doha, the peace talks, which follow a landmark US-Taliban agreement reached in February in Qatar, were suspended and will resume January 5.

Published 16 Dec, 2020 09:25am

Markets

Australia shares poised to track Wall Street higher on stimulus hopes

The local share price index futures rose 0.7%, a 50.7-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 0.4% on Tuesday.

Published 16 Dec, 2020 08:57am

Markets

Gold eases as vaccine rollouts expand; Fed meet eyed

The US Federal Reserve is expected to keep interest rates pinned near zero and to signal where rates are headed in the coming years at it's final policy meet of the year. The Fed's policy statement is due at 1900 GMT.

Published 16 Dec, 2020 08:53am

Markets

Dollar on the defensive as US leaders meet on stimulus, pound buoyed by Brexit hopes

The dollar index, which measures the greenback against a basket of currencies, was last at 90.477, after sinking as low as 90.419 on Monday, a level not seen since April 2018.

Published 16 Dec, 2020 08:49am

World

US authorizes first at-home Covid test, results in 20 minutes

Commissioner of the Food and Drug Administration said the emergency use authorization represented a "major milestone."

Published 16 Dec, 2020 01:22am

World

Trump to receive COVID-19 vaccine as soon as medical team say it's best

The Republican president also wanted to show that vulnerable Americans are the top priority to receive the vaccines.
McEnany said some career national security staff would have access to vaccines to ensure a continuity of government.

Published 16 Dec, 2020 01:04am

Markets

Oil up as investors focus on vaccine rollout, brush off recovery concerns

First Americans vaccinated as US deaths pass 300,000.
European curbs tightened due to rise in COVID-19 cases.
US crude inventories expected to fall in weekly reports.
IEA says vaccine impact on demand several months away.

Published 16 Dec, 2020 12:42am

Business & Finance

ECB eases COVID-19 crisis ban on dividends as outlook improves

Payout cap set at 15% of 2019/20 profits.
ECB urges 'extreme moderation' with bonuses.

Published 16 Dec, 2020 12:38am

World

Canada has deal to get Moderna's COVID-19 vaccine within 48 hours of regulatory approval

The Pfizer/BioNTech vaccine received regulatory approval last week and Canada began using it for vaccinations on Monday.

Published 15 Dec, 2020 09:20pm

Markets

Mexican peso firms with focus on central bank bill debate

Ratings agency Moody's warned late on Monday that the reform would be "credit negative" for the sovereign because it would compromise the bank's autonomy.

Published 15 Dec, 2020 08:09pm

Markets

Wall St opens higher on stimulus hopes; Fed in focus

The S&P 500 opened higher by 18.92 points, or 0.52pc, at 3,666.41, while the Nasdaq Composite gained 103.22 points, or 0.83pc, to 12,543.26 at the opening bell.

Published 15 Dec, 2020 08:00pm

Markets

China data and vaccine optimism lifts copper price

Benchmark three-month copper on the London Metal Exchange (LME) added 0.3pc to $7,777 per tonne by 1210 GMT.

Published 15 Dec, 2020 07:03pm

Markets

Gold gains as COVID-19 cases fuel stimulus expectations

Spot gold was up 0.9pc to $1,844.10 per ounce by 1255 GMT, while U.S. gold futures rose 0.9pc to $1,848.70.

Published 15 Dec, 2020 06:43pm

World

Sweden failed to protect elderly in COVID pandemic, commission finds

When announced during the spring, the strategy was coupled with a goal to “ring-fence” the elderly from COVID-19.
In the commission’s first findings, it said the overall spread and previously known structural problems within the elderly care system, for which the current and previous governments were ultimately responsible, were to blame for the many deaths.

Published 15 Dec, 2020 06:35pm

Pakistan

PNSC achieves topline growth in first quarter

The National flag carrier trading under the name of PNSC is engaged in transportation of dry bulk and liquid cargoes globally.

Published 15 Dec, 2020 06:00pm

Business & Finance

China central bank urges wider acceptance of cash as payments go digital

The central bank said payments of some basic public services such as medical treatment, water, electricity and gas fees have gradually migrated online.

Published 15 Dec, 2020 05:43pm

World

New kinds of loans and bonds could fill $28 billion COVID funding gap: WHO

The WHO and GAVI vaccine alliance aim to provide poor and middle-income countries with diagnostic tests and vaccines through a fund known as the Access to COVID-19 Tools (ACT) Accelerator
Senior WHO adviser says financing is what stands between us and getting out of this pandemic as rapidly as possible

Published 15 Dec, 2020 05:01pm

Markets

Euro holds firm as U.S. stimulus hopes weigh on dollar

The dollar index, which measures the greenback against a basket of currencies, rose slightly to 90.802.

Published 15 Dec, 2020 04:40pm

World

UK reports 20,263 new COVID cases, 7-day total up 22pc

Since the start of the pandemic, the United Kingdom has recorded 1.870 million cases of COVID-19 and 64,402 deaths from the virus.

Published 15 Dec, 2020 04:14pm

World

Pelosi, Mnuchin discuss COVID-19 relief, spending bill: Pelosi spokesman

Pelosi reiterated Democratic concerns about liability provisions in the COVID-19 relief bill, and told Mnuchin that remaining unresolved items in the spending bill could be resolved easily.

Published 15 Dec, 2020 04:10pm

World

European regulator to approve COVID-19 vaccine on Dec. 23

EMA said in early December it planned to decide on whether to approve the BioNTech/Pfizer vaccine by Dec 29, and another being developed by Moderna by Jan. 12.

Published 15 Dec, 2020 04:02pm

Markets

Indian shares end flat as investors book profits after sharp rally

The blue-chip NSE Nifty 50 index ended 0.07pc higher at 13,567.85 and the benchmark S&P BSE Sensex closed 0.02pc higher at 46,263.17.

Published 15 Dec, 2020 03:59pm

Business & Finance

Germany earned 7bn euros from new bonds this year

The average yield on new German bonds issued until end of November was -0.56 percent, resulting in revenues of 7.07 billion euros, according to the finance ministry document.

Published 15 Dec, 2020 03:43pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	430 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	67.02 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	396.88 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / May 29 Attock Cement Pakistan Limited(ACPL)	84.92 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	430 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	67.02 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	396.88 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / May 29 Attock Cement Pakistan Limited(ACPL)	84.92 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	10,337,204 ▲ 0.00
Maple Leaf Cement / May 29 Maple Leaf Cement Factory Limited(MLCF)	9,791,080 ▲ 0.00
National Bank / May 29 National Bank of Pakistan(NBP)	6,677,000 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	6,575,839 ▲ 0.00
TPL Properties / May 29 TPL Properties Limited(TPLP)	6,146,502 ▲ 0.00
TRG Pak Ltd / May 29 TRG Pakistan Limited(TRG)	5,905,462 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	5,687,015 ▲ 0.00
Unity Foods Ltd / May 29 Unity Foods Limited(UNITY)	5,667,051 ▲ 0.00
Fauji Cement / May 29 Fauji Cement Company Limited(FCCL)	5,559,000 ▲ 0.00
Gul Ahmed / May 29 Gul Ahmed Textile Mills Limited(GATM)	5,224,816 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	285.40
USD PKR Interbank Buying / May 26	285.15
USD to Japanese Yen / May 26	140.60
USD to Swiss Franc / May 26	0.91
Pound Sterling to USD / May 26	1.23
Euro to USD / May 26	1.07
UK LIBOR % / May 26	5.06

Stock	Volume
Hang Seng / May 25	18746.92
S&P 500 / May 26	4205.45
India Sensex / May 26	62501.69
Tokyo Nikkei / May 26	30916.31
Nasdaq / May 26	12975.69
FTSE 100 / May 26	7627.20
Dow Jones / May 26	33093.34
Germany DAX 30 / May 26	15983.97
France CAC40 / May 26	7319.18

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

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