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President elect Joe Biden

No US administration can ignore Pakistan, says Qureshi

Published 20 Jan, 2021 12:00pm

FM says Pakistan and the incoming US administration have a lot of “commonalties”
The people being nominated by President-elect Joe Biden know Pakistan well: Qureshi

Pro-gun demonstration set for Virginia capital in wake of Capitol siege

Updated 18 Jan, 2021 08:14pm

Gun rights activists will converge on the Virginia state capital on Monday for an annual demonstration that falls at an especially tense time this year, after the Jan. 6 siege of the U.S. Capitol and two days before the presidential inauguration.
Nationwide pro-Trump demonstrations scheduled for Sunday largely fizzled after the FBI issued warnings and several states deployed the National Guard.

Treasury nominee Janet Yellen to say US does not seek weaker dollar

Published 18 Jan, 2021 10:23am

"I think the dollar and financial markets will be less of a focus, in terms of verbal rhetoric, for the Treasury secretary and the key focus will be getting policy implemented in terms of fiscal relief."

Record number of Indian-Americans to be involved in the Biden Administration

Updated 18 Jan, 2021 11:01am

President-elect Joe Biden has nominated at least 20 Indian-Americans to key positions in his administration, despite the fact that the community constitutes only one percent of the country's population.
Three Indian-Americans have made their way to the crucial National Security Council of the White House, thus leaving a permanent imprint on the country’s foreign policy and national security in the coming years of the Biden Administration.

Retired doctors and more syringes: Biden lays out plan to get America vaccinated

Published 16 Jan, 2021 03:47pm

Under Biden’s plan, federal disaster-relief workers would set up thousands of vaccination centers, where retired doctors would administer shots to teachers, grocery store workers, people over 65 years old and other groups who do not currently qualify.
Biden said his team has identified companies that are ready to be activated under the law, which enables the president to order businesses to produce items necessary for national defense.

FBI has arrested more than 100 people over Capitol siege, looks now to inauguration

Published 15 Jan, 2021 01:30pm

We're looking at individuals who may have an eye towards repeating that same kind of violence that we saw last week.

Dollar extends rebound as investors await US stimulus details, bitcoin bounces

Published 14 Jan, 2021 11:03am

Bitcoin was little changed at $37,420 on Thursday, up from as low as $30,261.13 on Jan. 11.

Disgruntled staffer changed the State Department's website to state Trump's term ended 9 days early: Sources

Published 12 Jan, 2021 01:38pm

A disgruntled employee at the State Department changed the biographies of President Donald Trump and Vice President Pence, to state that their term was ending on Monday - nine days before the inauguration of President-elect Biden.
The changes to the State Department's website came only a few days after the President incited an insurrection of Trump supporters in the Capitol building.

Israel announces the construction of additional housing in West Bank, days prior to Biden assuming office

Published 11 Jan, 2021 05:37pm

Israeli Prime Minister Benjamin Netanyahu and Defense Minister Benny Gantz are advancing the construction of 850 Jewish housing units in the West Bank, days before President-elect Biden takes office.
The Israeli Supreme Planning Council is expected to advance construction of the housing units, which are currently in varying stages of approval - but a date for the approval has yet to be confirmed.

President-elect Biden nominates William Burns as CIA Director

Published 11 Jan, 2021 04:26pm

President-elect Joe Biden announced former Deputy Secretary of State William Burns as his nominee for Director of the CIA.
Burns, a career diplomat who served in the United States Foreign Service for over three decades, has served in numerous national security positions across five Democratic and Republican administrations.

After Capitol siege, majority of Americans believe Trump should be removed from office before term: Poll

Published 11 Jan, 2021 04:02pm

Over half of surveyed Americans in a new poll have indicated that they believe that President Trump should be removed from office, following the attack on the Capitol by his supporters.
56 percent polled in favour of the removal of President Trump from office, while 67 percent polled that the outgoing President deserves a significant degree of the blame for the rioting that took place in the Capitol.

Pro-Trump protestors storm US Capitol building

Updated 07 Jan, 2021 01:20am

Outgoing U.S. President Donald Trump addressed thousands of supporters, including members of far-right groups, at a rally in Washington.
A short walk from the rally, hundreds of Trump supporters overturned barricades and clashed with police on the grounds of the U.S. Capitol where Congress was meeting.
The Mayor of Washington DC has declared a citywide curfew starting at 6pm.

Pelosi re-elected as US House speaker amid political uncertainty

Published 04 Jan, 2021 11:06am

"It appears to be more of a political dodge than an effective remedy," Graham said in a statement. "I will listen closely. But they have a high bar to clear."

Dozen US senators plan to oppose Biden certification

Published 03 Jan, 2021 11:21am

Senate majority leader Mitch McConnell also urged fellow Republicans to vote to certify and avoid a divisive political brawl.

China senior diplomat says U.S. relations at 'new crossroads'

Published 02 Jan, 2021 03:56pm

China’s relationship with the United States has reached a “new crossroads” and could get back on the right track following a period of “unprecedented difficulty”, senior diplomat Wang Yi said in official comments published on Saturday.
Relations between the world’s two biggest economies have come under increasing strain amid a series of disputes over trade, human rights and the origins of COVID-19.

Israel, Saudi Arabia reportedly pushing Trump for a strike on Iran ahead of Biden inauguration

Updated 01 Jan, 2021 12:49pm

Israel and Saudi Arabia are reportedly pushing the Trump Administration to carry out a surgical strike on Iran's nuclear facilities, before President-elect Joe Biden takes office.
Riyadh and Jerusalem have "exerted heavy pressure on the president to take out Iran's nuclear installations in a surgical strike", in an effort to "sabotage" President-elect Biden's plan to re-enter negotiations with the Iranian regime.

Dollar on borrowed time as US twin deficits balloon

Published 31 Dec, 2020 10:02am

In contrast, the European Union runs a huge current account surplus, largely thanks to Germany, so there is a natural inflow to euros through trade.

Sterling extends gains, markets mixed as traders see out 2020

Published 31 Dec, 2020 09:16am

Sterling, in response to the upbeat news, rallied Wednesday and built on the gains in Asian trade, sitting at levels not seen since May 2018.

New virus variant hits US as Biden vows all-out effort

Published 30 Dec, 2020 09:14am

In response, health authorities announced a 10-day quarantine from December 31 for all arrivals.

Trump backs plan to contest election result in Congress, amid false claims of fraud

Updated 28 Dec, 2020 03:03pm

With a joint session of the House and Senate politicians set for the 6th of January, for the counting of electoral votes, President Trump engaged in another Twitter tirade to make unfounded claims about electoral fraud.
Several Republican congressmen have already mentioned that they will be objecting to the electoral votes, despite GOP leader Mitch McConnell requesting his party members not to.

US Congress edges toward approval of $900bn stimulus package

Published 22 Dec, 2020 08:52am

Progressive New York Representative Alexandria Ocasio-Cortez said earlier Monday that legislators still did not have copies of the more than 5,550-page bill.

Biden says he is not concerned about accusations against son Hunter

Published 18 Dec, 2020 11:00am

Biden said in an interview on "The Late Show with Stephen Colbert."

Biden to pick former Michigan governor Granholm to be energy secretary

Published 16 Dec, 2020 11:44am

While governor, Granholm supported efforts to build advanced battery plants for electric cars in Michigan, despite concerns from some in the auto industry about moving away from gasoline-powered engines.

Top US Congress leaders start second meeting on COVID-19 aid, government funding

Published 16 Dec, 2020 11:19am

The other includes the two main sticking points on Capitol Hill that McConnell cited: the liability protections for businesses and other organizations, and $160 billion for state and local governments.

After long delay, leaders of Mexico and Brazil congratulate Biden on US election win

Published 16 Dec, 2020 10:37am

Biden's victory and Bolsonaro's reluctance to recognize it have cast a dark cloud over US-Brazilian relations, which had warmed to the point of discussing a free trade deal last year.

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

Published 14 Dec, 2020 09:37am

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."

Fed may convey optimism on US economy despite stimulus deadlock

Published 13 Dec, 2020 07:58pm

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

Despite historic diversity, Biden faces pressure with cabinet picks

Published 11 Dec, 2020 09:47am

For the general who retired in 2016 to take the Pentagon reins, Congress would need to grant him a waiver because of a law that bars any veteran from becoming secretary of defense unless they have been out of the military for seven years.

Biden picks Capitol Hill staffer Tai as US trade 'czar'

Published 10 Dec, 2020 10:56am

"Ms. Tai has the experience she needs to succeed as USTR, and her record of getting wins for American workers demonstrates she knows how to champion the values that matter to US families," he said in a statement.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Crude Oil USD/Barrel / Jul 21	82.50
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,050.88
Cotton US¢/pound / Jul 21	79.38
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.39 ▲ 0.24 (11.16%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)

Stock	Price
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.68 ▼ -1.41 (-10.01%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	414.40 ▼ -46.02 (-10%)
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Shams Textile / Jul 21 Shams Textile Mills Limited(STML)	57.58 ▼ -6.4 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Pakistan Credit Rating Agency / Jul 21 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	36 ▼ -3.62 (-9.14%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.90 ▼ -2.21 (-8.8%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98.02 ▼ -7.77 (-7.34%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.71 ▼ -0.61 (-7.33%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	263,436,960 ▼ -0.69
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	110,849,016 ▲ 0.24
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	73,851,952 ▲ 0.89
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	58,224,946 ▲ 0
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	26,116,799 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	24,336,000 ▲ 0.97
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	22,413,148 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	20,069,620 ▲ 0.41
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	15,692,784 ▲ 0.14
Maple Leaf Cement / Jul 21 Maple Leaf Cement Factory Limited(MLCF)	13,608,067 ▼ -2.01

President elect Joe Biden

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