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Donald Trump

Fed joins global club of peers in climate change fight

Powell has said that making sure the financial system is “resilient” against risks, including climate change, fits with the Fed’s congressionally assigned mandates.

Published 15 Dec, 2020 08:22pm

World

Biden says Trump 'refused to respect the will of the people'

"The flame of democracy was lit in this nation a long time ago. And we now know nothing, not even a pandemic or an abuse of power can extinguish that," Biden said.

Published 15 Dec, 2020 11:09am

World

Senior Republicans accept Biden as president-elect, reject talk of overturning election

As a few of President Donald Trump’s most loyal backers contemplated a last-ditch effort to reverse his Nov. 3 election defeat, a growing number of Republicans appeared ready to defy Trump and recognize Biden as the winner more than a month after the vote.

Published 15 Dec, 2020 10:31am

World

Trump suggests White House staff will wait longer for COVID-19 vaccines

Doses of the vaccine will reach 145 locations across the country on Monday, with initial shots to go to healthcare workers and elderly residents of long-term care homes.

Published 14 Dec, 2020 11:15am

US Electoral College set to confirm Biden win as Trump fights on

This weekend, when asked on Fox News whether he would attend Biden's inauguration on January 20 -- as demanded by protocol and centuries of tradition -- the former real estate magnate snapped, "I don't want to talk about that."

Published 14 Dec, 2020 09:37am

World

US to start vaccinating as Germany returns to partial lockdown

Even as US health experts welcomed the unprecedented vaccine effort, they cautioned people not to grow lax in observing precautions.

Published 14 Dec, 2020 09:18am

World

Trump revives threat to veto defense bill, teeing up battle with lawmakers

Trump objects to the fiscal 2021 NDAA because it does not repeal Section 230 of the Communications Decency Act.

Published 13 Dec, 2020 11:17pm

Business & Finance

Fed may convey optimism on US economy despite stimulus deadlock

But Englander predicted the Fed will use the meeting to focus mostly on reassurance.

Published 13 Dec, 2020 07:58pm

World

Thousands of Trump supporters again rally in Washington

Police, some in riot gear, used their bodies and bicycles to keep the groups apart. There was also at least one clash between police and counter-protesters.
Six people were arrested, following five arrests Friday night related to a brawl, local media reported.

Published 13 Dec, 2020 09:21am

World

Exclusive: Trump administration moves forward with $1 billion Moroccan arms deal

President Donald Trump’s administration moved forward with $1 billion in sales of drones and precision-guided weapons to Morocco on Friday.
News of the deal came as the White House announced an agreement brokered with U.S. help for Morocco to normalize relations with Israel.

Published 12 Dec, 2020 07:54pm

Pakistan

PM Imran Khan to speak at global climate summit, marking 5 years of Paris accord

The UN has said that the drop in emissions due to the global coronavirus pandemic is too small to halt the rising temperatures.

Published 12 Dec, 2020 03:42pm

World

Texas GOP chief suggests forming 'union of states' after U.S. Supreme Court tosses election challenge

The chairman of the Texas Republican Party suggested the formation of a “Union of states that will abide by the constitution” on Friday.
Texas GOP Chairman Allen West said the Supreme Court’s order had established “a precedent that says states can violate the U.S. Constitution and not be held accountable.”

Published 12 Dec, 2020 03:35pm

World

Supreme Court rejects Texas petition to nullify Biden's victory

On Friday, the United States Supreme Court rejected a widely-panned bid by Texas to overturn President-elect Joe Biden's electoral win.
The Supreme Court, in a brief order on Friday, rejected the petition, stating that Texas lacked the legal right to litigate over how other states conduct their elections.

Updated 12 Dec, 2020 03:03pm

World

US approves Pfizer-BioNTech coronavirus vaccine for emergency use

Donald Trump hailed the development and said the first dose would be administered in less than 24 hours.
The US now joins Britain, Bahrain, Canada, Saudi Arabia and Mexico to approve the two-dose regimen.

Published 12 Dec, 2020 10:19am

World

Majority of Americans think the pandemic is getting worse: Poll

According to a recent Gallup poll, a majority of Americans (73%) think that the coronavirus pandemic is getting worse.
A majority (72%) of respondents stated that their lives have been disrupted by the pandemic, with 87% stating that this disruption will last beyond the first half of 2021.

Updated 11 Dec, 2020 02:04pm

World

President Trump rushes federal executions in his final days in office

In the final days of his tenure, President Trump is currently undergoing a string of federal executions.
Five executions are scheduled prior to President-elect Joe Biden's inauguration on the 20th of January.

Published 11 Dec, 2020 01:12pm

World

Exclusive: U.S. set to sanction Turkey over Russian defense system - sources

Two sources familiar with the matter, including a U.S. official speaking on the condition of anonymity, said President Donald Trump had given aides the blessing for the sanctions.

Published 11 Dec, 2020 09:37am

US flies two B-52s over Gulf in message for Iran

Since then Iran has been expected to try to retaliate, and even more so since the assassination inside Iran of senior nuclear scientist Mohsen Fakhrizadeh last month, which Tehran blames on Israel.

Published 11 Dec, 2020 09:21am

World

Trump announces Morocco latest Arab state to recognize Israel

The US president also "recognized Moroccan sovereignty over the entire Western Sahara territory," the White House said in a statement.

Published 11 Dec, 2020 03:16am

World

60 percent do not want Trump to run again in 2024: Poll

According to a recent poll, sixty percent of voters do not want President Trump to run for President again in 2024.
The survey concluded that only 32 percent of respondents think that the President should run for a second non-consecutive term.

Updated 10 Dec, 2020 05:28pm

World

North Korea wasted chance to improve relations under Trump, U.S. envoy says

“Regrettably, much opportunity has been squandered by our North Korean counterparts over the past two years, who too often have devoted themselves to the search for obstacles to negotiations instead of seizing opportunities for engagement,” he said.
- Biegun called for North Korea to resume talks in the coming months.

Published 10 Dec, 2020 12:03pm

World

US Senate backs massive arms sales to UAE after Trump veto threat

Some lawmakers also worried that the weapons transfers might violate US guarantees that Israel will retain a military advantage in the region. But Israel, which enjoys strong support in Congress, has said it does not object to the sales.

Published 10 Dec, 2020 11:03am

World

Don't flip, says auctioneer seeking $3mn for Trump's childhood home

"It's too much," said Fakhertag Obeid, 61, who is also annoyed with strangers knocking on her door to ask about the Trump house.

Published 10 Dec, 2020 10:15am

World

Trump issues formal threat to veto effort to block massive UAE arms sales

The Senate is due to vote on resolutions of disapproval of the sales later on Wednesday.
US law requires congressional review of major arms deals, and lets senators force votes on resolutions of disapproval.

Published 09 Dec, 2020 11:00pm

World

U.S. Senate's No. 2 Democrat says Trump wants $1,200 checks in COVID relief bill

"We've received some signals from the White House that the president particularly would like to send out those $1,200 checks,"

Published 09 Dec, 2020 05:31pm

World

US Senate confirms Trump's FCC nominee, Simington

Trump in May directed the Commerce Department to file a petition with the FCC seeking to curb legal protections for social media companies.

Published 09 Dec, 2020 11:29am

Markets

Copper edges up on stimulus hopes, vaccine roll-out

The Trump administration proposed a $916-billion pandemic relief package on Tuesday, while the United Kingdom became the first country to begin mass-vaccinating its people using a fully-tested COVID-19 shot.

Published 09 Dec, 2020 09:26am

World

Trump threatens to veto Pentagon budget

The bill also goes against Trump's drive to slash the US troop presence in Germany.

Published 09 Dec, 2020 02:16am

World

Fired US cyber chief sues Trump campaign, lawyer over threats

Christopher Krebs, who was fired by Trump last month, also accused the lawyer Joseph diGenova, the campaign.
The lawsuit also accuses the Trump campaign and diGenova of intentional infliction of emotional distress.

Published 09 Dec, 2020 01:03am

World

U.S. envoy arrives in South Korea amid stalled efforts to restart talks with the North

The visit may be the last for Biegun in his current role, after Trump lost his bid for reelection to Democratic challenger Biden, who will take office in January.

Published 08 Dec, 2020 04:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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