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US lawmakers

US Congress passes bill to fight rise in anti-Asian crimes

Seniors have been attacked and businesses vandalized, while videos have shown Asian Americans getting stabbed, beaten up and otherwise confronted in public spaces.

Published 19 May, 2021 10:21am

World

Amazon blocked 10bn suspected counterfeit listings

WASHINGTON: Amazon said Monday it blocked more than 10 billion suspected listings of counterfeit goods on its...

Updated 11 May, 2021 10:16am

World

Biden urges US police reform by anniversary of Floyd murder

"We need to work together to find a consensus. Let's get it done next month, by the first anniversary of George Floyd's death," Biden told US lawmakers during a joint session of Congress.

Published 29 Apr, 2021 10:36am

World

Drama in Congress as tech CEOs face fury over disinformation

Zuckerberg meanwhile said Facebook has ramped up its efforts "to keep hate and violence off our platform" and offered a proposal to address concerns about liability of online platforms, suggesting that each platform have systems in place to weed out illegal content.

Published 25 Mar, 2021 10:32am

World

US House Republicans expected to vote on ending earmarks ban

Republicans are in the minority in the House. Their planned vote on earmarks comes ahead of House consideration of various spending legislation and an expected large infrastructure bill.
Democrats already have reversed their own self-imposed ban on earmarks. Republicans halted the practice when they took the majority in 2011 amid a string of controversies over earmarks.

Published 17 Mar, 2021 07:05pm

World

US lawmakers introducing bill to give USPS $6bn for EV delivery vehicles

The bill sponsored by Representative Jared Huffman and seen by Reuters would require at least 75% of the new fleet be electric or zero-emission vehicles.
The bill would also require no less than 50% of medium/heavy-duty vehicle purchases be electric or zero-emission through 2029 and all new USPS vehicles be zero-emission after January 2040.

Updated 08 Mar, 2021 10:17pm

World

US lawmakers ask Facebook for details on advertising practices

The lawmakers, led by House Energy Commerce Committee chairman Frank Pallone, cited reports the ads were shown "next to content that amplified election misinformation" and news about the Capitol siege after January 6.

Updated 08 Mar, 2021 10:17pm

Markets

South Africa's rand firms as US stimulus hopes boost risk taking

The rand was 0.71% firmer at 14.7750 against the dollar, in line with gains in most emerging market currencies.
"Should this come to fruition, the external financial environment would result in an extremely supportive climate for the local currency."

Published 09 Feb, 2021 09:08pm

Markets

Shares reach record high, oil tops $60 a barrel

MSCI all-country world share index at record high
European indexes climb early on, US futures gain
Oil crosses $60 a barrel
Hopes of $1.9 trln US stimulus, vaccines boosting sentiment
US dollar retreats from recent highs

Published 08 Feb, 2021 06:09pm

World

Biden to meet Democratic lawmakers on COVID-19 aid: White House

A Democrat himself, Biden will call into the weekly meeting of Democratic representatives and later meet Democratic senators in the Oval Office, the White House said in a statement.
Biden met a group of 10 moderate Republican senators on Monday and had said he wanted to garner bipartisan support for his plan.

Published 03 Feb, 2021 07:22pm

World

US lawmakers to question Biden's EPA pick over climate agenda

Taking the helm of EPA would be a monumental task under the best of circumstances, but it's hard to imagine a more difficult moment than right now.
West Virginia Senator Shelley Moore Capito, who is expected to be the top Republican on the committee, said she will grill Regan about the administration's climate change agenda.

Published 03 Feb, 2021 05:25pm

World

‘Act big’ on stimulus, Biden's Treasury nominee Yellen to tell lawmakers

In prepared testimony at her confirmation hearing, Yellen said her task as Treasury chief will be to help Americans endure the final months of the coronavirus pandemic.
Neither the president-elect, nor I, propose this relief package without an appreciation for the country's debt burden.

Updated 19 Jan, 2021 11:14pm

Markets

Hong Kong stocks end morning with gains

The Hang Seng Index rose 0.44 percent, or 116.02 points, to 26,235.27.

Published 23 Dec, 2020 11:09am

Markets

Asian markets bounce but Trump throws stimulus grenade

The EU has rejected the latest UK offer on the crucial sticking point of fishing but is ready to pursue an agreement even beyond the end of the year cut-off, diplomats said.

Published 23 Dec, 2020 08:44am

World

US Congress edges toward approval of $900bn stimulus package

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.

Published 22 Dec, 2020 08:52am

Technology

Alibaba facial recognition tech specifically picks out Uighur minority

"We have eliminated any ethnic tag in our product offering," an Alibaba spokeswoman told Reuters.

Published 18 Dec, 2020 10:22am

Markets

Hong Kong stocks end morning higher

The Hang Seng Index added 0.08 percent, or 21.50 points, to 26,481.79.

Published 17 Dec, 2020 12:03pm

Markets

Asian markets drift as dealers track US stimulus, Brexit talks

While markets are stuttering this month heading into the Christmas break, Brian Nick at Nuveen sounded a note of optimism.

Published 17 Dec, 2020 08:58am

Markets

Hong Kong stocks up at lunch

The Hang Seng Index added 0.82 percent, or 215.58 points, to 26,422.87.

Published 16 Dec, 2020 12:25pm

Business & Finance

Covid, budget, defence: US Congress braces for tough week

At the same time, Congress members hope to pass the Pentagon's defence budget (NDAA) quickly. Democrats and Republicans have reached a consensus on a bill for $740 billion.

Published 07 Dec, 2020 10:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

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

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

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

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US lawmakers

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