Trends - COVID19 - Business Recorder

COVID19

Yuan sheds gains

SHANGHAI: China’s yuan briefly touched a 10-day high against the dollar on Monday but pared all its gains as fresh...

Published 17 Aug, 2021 04:42am

Business & Finance

China’s retail sales falter as virus rebounds

BEIJING: Growth in China’s retail sales and industrial production slowed in July, official data showed Monday, ...

Published 17 Aug, 2021 04:42am

Markets

Copper retreats on demand worries after Chinese data

LONDON: Copper prices dropped on Monday after weak economic data from top metals consumer China fuelled worries ...

Published 17 Aug, 2021 04:42am

World

Pfizer submits initial data for COVID-19 vaccine booster authorization

Pfizer has said its vaccine's efficacy drops over time, citing a study that showed 84% effectiveness from a peak of 96% four months after a second dose.

Published 16 Aug, 2021 11:58pm

Markets

Oil prices loses as OPEC+ sees no need for more supply hikes

Brent crude was down 80 cents, or 1.1pc, at $69.79 a barrel by 1:10 p.m. EDT (1710 GMT) after falling to $68.14 earlier in the sessions. U.S. oil fell by 87 cents, or 1.3pc, to $67.57 after reaching lows of $65.73.

Published 16 Aug, 2021 11:13pm

Business & Finance

Thai Q2 GDP beats forecasts, but outlook cut as COVID-19 hampers recovery

From a year earlier, gross domestic product (GDP) grew 7.5% in the June quarter, beating the 6.4% rise forecast by economists, due largely to a GDP slump last year when the pandemic first hit

Updated 16 Aug, 2021 11:50am

World

China's new local COVID-19 infections fall for sixth day

Six local cases each were detected in the eastern province of Jiangsu and the central province of Henan, with one in the southern province of Hunan, the commission said

Published 16 Aug, 2021 10:34am

World

Trump calls for Biden to resign over Taliban takeover of Afghanistan

It is time for Joe Biden to resign in disgrace for what he has allowed to happen to Afghanistan, Trump said in a statement

Published 16 Aug, 2021 10:14am

Markets

Price of imported palm oil rises unprecedentedly by over 100pc

KARACHI: Price of imported palm oil rose unprecedented over 100 percent during the last 14 months due to strict...

Published 16 Aug, 2021 06:57am

Pakistan

Covid-19 claims 67 more lives, positivity rate 6.8pc

ISLAMABAD: At least 67 more people succumbed to Covid-19 in the past 24 hours on Sunday while the positivity rate ...

Published 16 Aug, 2021 05:59am

Pakistan

Independence Day sales dip this year

KARACHI: Despite zeal and fervour amongst the citizens to celebrate the 14th August, traders on Saturday resented a...

Published 16 Aug, 2021 05:59am

Pakistan

26 more Covid-19 patients die: Murad

KARACHI: As many as 26 more patients of coronavirus died overnight lifting the death toll to 6,439 while 1,399 new...

Published 16 Aug, 2021 05:59am

Editorials

Global liquidity booster

EDITORIAL: Finance Minister Shaukat Tarin in his most recent press conference revealed that the International...

Published 16 Aug, 2021 05:59am

Opinion

As variant delays return to offices, many in US don't mind

When Romain Daubec and his wife Monica left San Francisco last summer for Denver, Colorado, they thought their...

Published 16 Aug, 2021 05:59am

World

Russia reports 21,624 new COVID-19 cases, 816 deaths

On Saturday, Russia's daily COVID-19 deaths hit a new record of 819

Updated 15 Aug, 2021 01:20pm

World

Malaysia PM Muhyiddin to resign on Monday

The resignation, if confirmed, would end a tumultuous 17 months in office for Muhyiddin but also bring more uncertainty to Malaysia as the country grapples with a COVID-19 surge and economic downturn

Published 15 Aug, 2021 12:02pm

US looking forward to strengthening ties with Pakistan: Blinken

WASHINGTON: United States Secretary of State Antony Blinken has said he looks forward to advancing shared ...

Updated 15 Aug, 2021 10:36am

Naya Pakistan shifts its focus from geopolitics to geoeconomics: PM

ISLAMABAD: Prime Minister Imran Khan Saturday said that Naya Pakistan has shifted its focus from geopolitics to...

Published 15 Aug, 2021 05:02am

World

France sees 5th weekend of protests against Macron Covid pass

PARIS: Protesters opposing a health pass championed by President Emmanuel Macron to defeat Covid-19 massed in ...