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European Union

Myanmar military brass hit with new US, EU sanctions over coup

YANGON: The European Union and the United States slapped sanctions Monday on top police and military commanders...

Published 23 Mar, 2021 04:37am

West sanctions China, Beijing hits back at EU

BRUSSELS/WASHINGTON: The United States, the European Union, Britain and Canada imposed sanctions on Chinese ...

Published 23 Mar, 2021 04:37am

Markets

European shares edge higher as autos lead gains, Turkey-exposed banks fall

The pan-European STOXX 600 rose 0.2pc, reversing declines from earlier in the session, with automobile stocks rising for a fifth day in the past six sessions.

Updated 23 Mar, 2021 05:11pm

Business & Finance

UK food and drink exports to EU plunged 75.5pc in Jan: industry group

The lobby group said the worst hit trade route was to Ireland. In January 2020, Ireland was the UK's biggest market, representing around 18% of total food and drink exported. A year on the figure had dropped to only 5%.

Published 22 Mar, 2021 07:07pm

World

Poll shows plunge in Europeans' trust in AstraZeneca jab

Earlier this month several EU countries suspended its use, pending a review by the European Medicines Agency (EMA) after dozens of isolated cases of blood clots and brain haemorrhages.

Published 22 Mar, 2021 10:17am

World

Twenty years on, EU turns cold on Mercosur trade deal

However, that would coincide with French President Emmanuel Macron's campaign for re-election in a potentially tight race, in which a Mercosur deal could cost him support.

Published 19 Mar, 2021 11:21am

Business & Finance

BoE split over outlook

LONDON: The Bank of England said Britain's economic recovery was gathering pace thanks to the speed of COVID-19...

Published 19 Mar, 2021 05:32am

World

EU halts sanctions on Turkey oil executives as ties improve

TPAO executives to escape EU punishment over drilling.
EU March 25-26 summit no longer to be showdown over Turkey.
Turkey's Erdogan has changed tone since January.

Published 18 Mar, 2021 05:29pm

World

EU puts brake on COVID vaccine exports to cope with ‘crisis of the century’

Six EU states complain over vaccine distribution.
EU proposes COVID-19 certificate to facilitate travel.
Tourism and leisure sectors battered by pandemic.
- Political agreement may be hard among 27-nation bloc.

Published 17 Mar, 2021 05:33pm

World

Austria's Kurz and allies seek 'correction' on EU vaccine distribution

"It is important here that we ensure together with (European Commission President) Ursula von der Leyen and (European Council President) Charles Michel that there is a correction mechanism," Kurz told a news conference with his counterparts from Bulgaria, Slovenia and the Czech Republic.

Published 16 Mar, 2021 08:03pm

Markets

Brexit won't mean lower capital for insurers, says Bank of England

The risk margin in an extra layer of capital insurers must hold as a safety buffer in case they get into trouble.

Published 16 Mar, 2021 01:59pm

World

EU tourism halved in 2020 under pandemic

BRUSSELS: Tourism in the European Union — measured in nights spent in tourist accommodation — plunged by half...

Updated 16 Mar, 2021 09:38am

World

EU launches legal case against Britain over Northern Ireland

Case over grace period for food import checks into N. Ireland.
Period to end March 31, Britain extended to October.
EU starts legal case, also seeks talks to resolve issue.

Updated 15 Mar, 2021 09:24pm

World

Bolivia ex-president Anez arrested in 'coup' probe

Morales, for his part, demanded in a tweet that the "authors and accomplices" of what he denounced as a "coup d'etat" against him be "investigated and punished."

Published 14 Mar, 2021 11:18am

World

EU faces fresh shortfall of AstraZeneca vaccine supplies

LONDON: The European Union is facing further shortfalls in its coronavirus inoculation programme after Anglo/Swedish...

Published 14 Mar, 2021 04:13am

Business & Finance

UK guilty of 'perverse nationalism' over US trade, says Irish foreign minister

LONDON: Ireland's foreign minister Simon Coveney said on Saturday that Britain was demonstrating "perverse...

Published 14 Mar, 2021 04:13am

World

EU halts sanctions against family of Egypt's Mubarak

BRUSSELS: The European Union announced Friday it was ending sanctions imposed in 2011 against nine Egyptians,...

Published 13 Mar, 2021 04:28am

World

France approves J&J Covid vaccine

PARIS: France's top health authority said on Friday it had approved a vaccine by US pharmaceutical group Johnson...

Published 13 Mar, 2021 04:28am

World

EU threatens China with 'additional steps' over Hong Kong vote

"In light of this most recent decision, the European Union will consider taking additional steps and pay increased attention to the situation in Hong Kong."

Published 12 Mar, 2021 10:15am

World

EU approves Johnson & Johnson Covid vaccine

The EU has so far approved three vaccines -- Pfizer-BioNTech, Moderna and AstraZeneca-Oxford. Three other vaccines are under "rolling review" by the Amsterdam-based EMA -- Novavax, CureVac and Russia's Sputnik.

Published 12 Mar, 2021 10:12am

World

France eases travel rules for seven countries, including UK

The measure had been adopted in large part to limit the spread of the more infectious variant of Covid-19 that first emerged in England.

Published 11 Mar, 2021 07:13pm

Pakistan

Minister terms Livestock Expo 2021 unique event

HYDERABAD: Sindh Minister for Livestock and Fisheries, Engineer Abdul Bari Pitafi said that Livestock Expo 2021 is a...

Updated 11 Mar, 2021 09:46am

China pioneers ‘virus passports’

BEIJING: China has launched a system of so-called "virus passports" to kickstart international travel, as Russia...

Published 10 Mar, 2021 04:59am

World

EU eyes more vaccines as US lambasts Russian 'disinformation'

"It is very clear that Russia is up to its old tricks, and in doing so is potentially putting people at risk by spreading disinformation about vaccines that we know to be saving lives every day," a State Department spokesman said.

Updated 09 Mar, 2021 05:43pm

Markets

Algeria tenders to buy nominal 50,000 tonnes milling wheat

HAMBURG: Algeria’s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced...

Published 09 Mar, 2021 05:45am

Business & Finance

Banks, autos lift European stocks

MILAN/LONDON: Shares of banks and automakers lifted European shares on Monday as investors continued to move into...

Updated 09 Mar, 2021 09:36am

US blocked Myanmar junta bid to empty $1bn NY Fed account

WASHINGTON: Myanmar's military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New ...

Published 06 Mar, 2021 05:01am

World

EU opens way for Russian jabs as nations try to hold off new surge

THE HAGUE: Russian coronavirus shots could soon be doled out across Europe after the EU said Thursday it was...

Updated 05 Mar, 2021 09:40am

World

NATO chief warns EU it can’t defend Europe alone

BRUGES, (Belgium): NATO Secretary General Jens Stoltenberg warned Thursday that the European Union cannot defend its...

Updated 05 Mar, 2021 09:40am

Markets

EU rapeseed futures surge close to record high

PARIS: European rapeseed futures rose 2.5% on Thursday as signs of tightening stocks in the European Union helped ...

Published 05 Mar, 2021 05:17am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

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