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Fed stays the course, nods to ‘strengthened’ US recovery

WASHINGTON: The Federal Reserve held interest rates and its monthly bond-buying program steady on Wednesday, nodding...

Published 29 Apr, 2021 03:52am

Business & Finance

Economic confidence: ‘Biggest jump recorded globally this quarter in 12 years’

LAHORE: The global economy is bouncing back in terms of confidence, orders, employment and spending, according to ...

Updated 27 Apr, 2021 10:05am

Business & Finance

Eyeing to fetch maximum share, Pakistan to send workforce to Japan soon

“Since Japan is an aging population and will be needing around 5,00,000 of workforce in future, it is our priority to fetch maximum quota for Pakistan out of this,” Zulfikar Bukhari maintained.

Published 26 Apr, 2021 03:06pm

Low-cost housing scheme to be expanded: PM

SARGODHA: Prime Minister Imran Khan on Wednesday said the government’s special focus on housing and construction...

Updated 15 Apr, 2021 10:08am

Business & Finance

Cigarette industry for uniform implementation of policies

KARACHI: Cigarette industry, one of the largest tax payer sector, has urged the federal government for uniform...

Updated 13 Apr, 2021 09:29am

Business & Finance

Overall industrial production in Sindh decreased in December

KARACHI: The overall industrial production in Sindh decreased by almost 59 percent in month of December this fiscal...

Updated 08 Apr, 2021 09:06am

BR Research

The devil we know

Over the past year, Covid-19 has metamorphosed from a devil we knew little to nothing about to a devil we now,...

Published 07 Apr, 2021 07:40am

Pakistan

‘Liberal arts education critical for Pakistan’s future’

KARACHI: Most university degrees are usually seen as a means to an end – either gainful employment or graduate...

Updated 07 Apr, 2021 09:54am

Business & Finance

Vaccines, fiscal stimulus power U.S. employment; economy blooming

The Labor Department’s closely watched employment report on Friday also showed job gains in February were larger than initially estimated.

Published 03 Apr, 2021 10:49am

Vaccines, fiscal stimulus boost US employment in March

WASHINGTON: The US economy created the most jobs in seven months in March as more Americans got vaccinated and the...

Published 03 Apr, 2021 03:41am

World

Black adviser to Boris Johnson quits amid race report outcry

LONDON: Prime Minister Boris Johnson’s most senior black adviser has quit, Downing Street said Thursday, a day...

Updated 02 Apr, 2021 09:06am

Markets

Import of cotton, sugar from India: Business community welcomes ECC decision

KARACHI: Business Community welcomed the decision of Economic Coordination Council (ECC) to allow import of cotton...

Published 02 Apr, 2021 04:58am

Construction industry fuelling growth: govt

ISLAMABAD: The government has maintained that the economy is moving in the right direction after speedy recovery ...

Published 23 Mar, 2021 04:37am

Pakistan

‘Problems of women must be addressed on priority basis’

LAHORE: The problems of women must be addressed on a priority basis, as the country cannot become fully developed ...

Published 21 Mar, 2021 04:05am

Pakistan

Salaam Takaful Ltd launches loss of employment coverage for ICAP members

KARACHI: An exclusive takaful product was launched for members of Institute of Chartered Accountants of Pakistan...

Published 19 Mar, 2021 05:32am

Markets

Australia dollar rises on Fed comments, jobs; NZ dollar shrugs off Q4 data

"A key driver (for the Kiwi) is expected to be a continuation of the global recovery which should see commodity currencies outperform," Westpac analysts said in a note.

Published 18 Mar, 2021 10:59am

Business & Finance

SECP directs formulation of gender diversity policy

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the corporate boards of listed...

Published 14 Mar, 2021 04:13am

Editorials

Finding income and employment in tourism

EDITORIAL: It must have taken a special kind of effort to keep a country like Pakistan from developing its tourism...

Published 13 Mar, 2021 04:28am

Business & Finance

Nov industrial production in Sindh increased by 1.55pc

KARACHI: The overall industrial production in Sindh increased by 1.55% in November 2020 as compared with the month ...

Published 06 Mar, 2021 05:01am

Business & Finance

US won’t reach ‘maximum employment’ this year: Powell

WASHINGTON: The US labour market faces a lengthy recovery and the economy will not see “maximum employment” this...

Updated 05 Mar, 2021 09:37am

Covid crisis: Proposed plan aimed at providing fiscal space to developing states

ISLAMABAD: Prime Minister Imran Khan has proposed a five-point plan to provide developing countries the fiscal space...

Updated 05 Mar, 2021 09:44am

World

EU urges post-virus jobs boost for youth, low-skilled

European employment currently sits at around 72 percent EU-wide, with big discrepencies among member states.

Published 04 Mar, 2021 08:52pm

Technology

Amazon to open its first Fire TV manufacturing line in India

Amazon announced today that it will be opening its first manufacturing line for Fire TV devices in India.

Published 17 Feb, 2021 02:48pm

Markets

Yields touch records at both ends of the curve in volatile session

The benchmark 10-year yield was last up 1.6 basis points at 1.1549pc having risen to 1.188pc, its highest since March 20, 2020.

Published 06 Feb, 2021 12:42am

Editorials

Looming groundwater crisis

EDITORIAL: A World Bank report released late last week, pointing out that Pakistan faced a severe groundwater crisis...

Updated 05 Feb, 2021 11:48pm

Business & Finance

Lucky Cement bags Int'l csr Award

KARACHI: Lucky Cement Limited won the International Corporate Social Responsibility Award in the category of...

Updated 05 Feb, 2021 11:50pm

Markets

Saudi shares lead broader Gulf losses, Egypt weakens

DUBAI: The markets in the United Arab Emirates (UAE) fell on Wednesday after solid gains in the previous two days,...

Published 04 Feb, 2021 04:13am

Pakistan

HCCI president condemns Indian atrocities in IIOJK

HYDERABAD: The President Hyderabad Chamber of Commerce and Industry Fahad Hussain Sheikh strongly condemned the...

Published 02 Feb, 2021 04:29am

World

Canada December unemployment rate revised to 8.8pc

The revision, undertaken to ensure the data was aligned with recent population and geographical boundary estimates, had "virtually no effect" on employment estimates for the pandemic period of March to December 2020.

Published 25 Jan, 2021 08:22pm

Pakistan

South Punjab: PM vows special package for farmers

ISLAMABAD: Prime Minister Imran Khan says South Punjab was neglected in the past and its population was not given...

Published 25 Jan, 2021 04:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.61
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.24
Euro to USD / Apr 18	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
India Sensex / Apr 18	72488.99
Tokyo Nikkei / Apr 18	37716.66
Nasdaq / Apr 18	15601.50
Hang Seng / Apr 18	16385.87
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40

Item	Value
Crude Oil USD/Barrel / Apr 18	82.64
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Gold Spot USD/Ounce / Apr 18	2374.36
Cotton US¢/pound / Apr 18	80.61
Petrol/Litre / Apr 19	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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