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US

China's Xiaomi files legal complaint against U.S. Defense, Treasury ban

In the complaint, addressed to Biden-appointed Defense Secretary Lloyd Austin and Treasury Secretary Janet Yellen, Xiaomi called the judgment “unlawful and unconstitutional” and said the company was not controlled by the People’s Liberation army.

Published 30 Jan, 2021 10:18am

FM Qureshi, US Secretary Blinken agree to work together on advancing the countries’ bilateral agenda

The FM also underscored Pakistan’s commitment to forge a comprehensive partnership with the US, based on convergence of interests on a whole range of issues, the FO said.
Qureshi also highlighted the steps being taken regarding Daniel Pearl case.

Published 30 Jan, 2021 09:56am

World

First known US cases of potent South African COVID-19 variant found in South Carolina

The U.S. Centers for Disease Control and Prevention (CDC) has predicted the UK variant could become the dominant strain in the United States by March.

Published 29 Jan, 2021 01:29pm

World

In multiple messages, Biden warns Beijing over expansionism

That stance was echoed by Lloyd Austin, who told Japanese counterpart on Saturday that the contested islands were covered by the US-Japan Security Treaty.

Published 28 Jan, 2021 05:55pm

World

On his first day, Secretary of State Blinken commits to rebuilding U.S. diplomacy worldwide

“The world is watching us intently right now. They want to know if we can heal our nation. They want to see whether we will lead with the power of our example… and if we will put a premium on diplomacy with our allies and partners to meet the great challenges of our time,” he said.

Published 28 Jan, 2021 09:44am

World

U.S. faces higher risk of domestic extremist violence after Capitol assault, says government

“Information suggests that some ideologically motivated violent extremists with objections to the exercise of governmental authority and the presidential transition, as well as other perceived grievances fueled by false narratives, could continue to mobilize to incite or commit violence,” the department said in a national terrorism advisory.

Published 28 Jan, 2021 09:37am

Pakistan

US, UK, China top three destinations of Pakistani exports in 1st half

Total exports to the USA during July-December (2020-21) were recorded at US $ 2280.318 million, showing growth of 9.94 percent.

Published 27 Jan, 2021 07:19pm

World

Russia in 'energetic' talks with US over nuclear pact

The Trump administration withdrew from several weapons treaties, including INF treaty with Russia.

Published 26 Jan, 2021 04:37pm

World

State Department says Biden to ensure U.S. technology does not support China's 'malign activities'

“We need a comprehensive strategy and a more systematic approach that actually addresses the full range of these issues, rather than the piecemeal approach of the past few years,” the State Department spokesperson said in emailed comments.

Published 26 Jan, 2021 10:39am

World

U.S. Senate expected to confirm Blinken as Secretary of State on Tuesday

After the 15-3 vote by the committee, Senate Majority Leader Chuck Schumer said the full Senate would vote on Blinken at noon EST (1600 GMT) on Tuesday.

Published 26 Jan, 2021 10:35am

Markets

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (January ...

Published 26 Jan, 2021 05:05am

World

Moderna says COVID-19 vaccine effective against UK, South Africa variants

The company reported findings from a study that used blood samples from eight people, who had two shots of the vaccine, and two monkey and two monkeys that had also been immunised.
The results have not been published or peer-reviewed yet, but have been submitted to bioRxiv, which posts preliminary studies online.

Updated 25 Jan, 2021 07:06pm

World

US says support for Taiwan 'rock-solid' as Chinese jets buzz island

The statement added Washington would continue to work on "deepening" ties with democratic Taiwan.

Published 24 Jan, 2021 05:36pm

Life & Style

Larry King dies aged 87 after catching coronavirus

The 87-year-old passed away this morning at Cedars-Sinai Medical Centre in Los Angeles after a battle with coronavirus.
"With profound sadness, Ora Media announces the sad death of our co-founder, host and friend Larry King.”

Updated 23 Jan, 2021 06:41pm

World

Twitter suspends account of top Iran leader Khamenei after he posted a call for an attack on Trump

The development was made after he posted a depiction of a man resembling the former US president playing golf in the shadow of a warplane or large drone.
The tweet from Ayatollah Khamenei's account refers to General Qasem Soleimani, who was assassinated by a US drone in Baghdad a year ago.

Updated 22 Jan, 2021 08:41pm

World

'I will fire you on the spot', Biden warns staff if they disrespect colleagues

"I'm not joking when I say this: If you're ever working with me and I hear you treat another with disrespect, talk down to someone, I promise you I will fire you on the spot," Biden said.
The US president further said that everybody is entitled to be treated with decency and dignity, adding that it has been missing in a 'big way in the last four years'.

Published 22 Jan, 2021 03:02pm

World

Bernie Sanders, bundled up at Biden inauguration, goes viral in a meme

The 79-year-old senator made a sartorial statement on Wednesday by showing up in a jacket by snowboarding equipment company Burton and home-made wool mittens, carrying a large brown envelope.

Published 22 Jan, 2021 10:45am

Markets

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (January...

Published 22 Jan, 2021 04:47am

World

US virus deaths top WWII fatalities as Biden warns worst yet to come

The United States remains the worst-hit country, with around a fifth of the two million global Covid-19 deaths.

Published 21 Jan, 2021 11:18am

World

World welcomes U.S. return to Paris climate accord, readies wish-list for Biden

U.N. Secretary General Antonio Guterres welcomed the U.S. return to the Paris accord but added: “There is a very long way to go. The climate crisis continues to worsen and time is running out to limit temperature rise to 1.5 degrees Celsius and build more climate-resilient societies that help to protect the most vulnerable.”

Published 21 Jan, 2021 11:03am

Business & Finance

Twitter says it locked account of China's U.S. embassy over Xinjiang-related tweet

The Chinese Embassy account, @ChineseEmbinUS, posted a tweet this month that said that Uighur women were no longer “baby making machines,” citing a study reported by state-backed newspaper China Daily.

Published 21 Jan, 2021 11:00am

World

U.S. Senate approves Haines as Director of National Intelligence

The vote was 84-10, with all the “no” votes coming from Republicans.

Published 21 Jan, 2021 10:53am

Pakistan

PM congratulates Biden, says looking forward in building a stronger Pak-US partnership

The PM said he is also looking forward to working with Biden in improving public health, combating corruption and promoting peace in the region and beyond.
Biden administration said it sees Pakistan as an essential partner in any peace process in Afghanistan.

Published 21 Jan, 2021 10:45am

World

WHO says UK coronavirus strain detected in at least 60 countries

A week ago, it was reported in 50 countries.
The South African variant has been reported in 23 countries and territories, WHO said.

Published 20 Jan, 2021 11:56am

World

Biden leads observance of America's 400,000 COVID-19 dead on eve of inauguration

"To heal, we must remember. It's hard sometimes to remember, but that's how we heal. It's important to do that as a nation," Biden said to kick off a tribute that included observances in cities across the country.

Published 20 Jan, 2021 09:43am

World

Uganda slams US over attempted visit to confined opposition leader

US Ambassador Natalie Brown on Monday tried to meet with Wine -- whose real name is Robert Kyagulanyi -- and was met with a line of police officers clad in riot gear who turned her away.

Published 19 Jan, 2021 08:02pm

Technology

Parler partially reappears with support from Russian technology firm

Parler vanished from the internet when dropped by Amazon Inc’s hosting arm and other partners for poor moderation after its users called for violence and posted videos glorifying the Jan. 6 attack on the U.S. Capitol.
On Monday, Parler’s website was reachable again, though only with a message from its chief executive saying he was working to restore functionality.

Updated 19 Jan, 2021 04:40pm

World

Trump signs Malala Yousafzai Scholarship for Pakistani women into law

US Agency of International Development (USAID) will be awarding 50% of the merit and needs-based scholarship programs across a wide range of academic disciplines to Pakistani women.
The Act was passed by the US House of Representatives last year in March.

Published 18 Jan, 2021 01:03pm

World

Five Hong Kong democracy protesters seek asylum in the US

HKDC said it had welcomed a group of young activists to America this week and their journey had been "arduous and perilous".

Published 16 Jan, 2021 05:56pm

World

Hong Kong government slams US for 'insane' sanctions

Three Hong Kong security officials were also hit by the sanctions, which restrict any US transactions with them.

Published 16 Jan, 2021 05:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
Dow Jones / May 14	39558.11
India Sensex / May 15	73025.23
Tokyo Nikkei / May 15	38385.73
FTSE 100 / May 15	8467.99
Germany DAX 30 / May 15	18796.11

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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