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US

U.S. government appeals judge's order blocking TikTok restrictions

A separate U.S. appeals court is set to hear an appeal in February of an October ruling by U.S. District Judge Wendy Beetlestone in Pennsylvania.

Published 29 Dec, 2020 09:31am

World

U.S. screens 1.28 million people at U.S. airports

The United States has reported more than 19 million COVID-19 cases and 333,180 coronavirus-related deaths.

Published 29 Dec, 2020 09:27am

World

US authorizes sanctions for China Dalai Lama meddling

Beijing said in January that the act "grossly interferes in China's internal affairs" after the House of Representatives passed it 392-22.

Published 28 Dec, 2020 08:00pm

Pakistan

PML-N's Shahid Khaqan Abbasi’s name removed from ECL

His name has been removed from the ECL for 15 days.
Abbasi will be traveling to the US to visit his ailing sister and brother-in-law.

Updated 26 Dec, 2020 10:59am

Business & Finance

China to leapfrog U.S. as world's biggest economy by 2028: think tank

“The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favour.”

Published 26 Dec, 2020 10:02am

World

U.S State Department Condemns Daniel Pearl Case Ruling

On Thursday, the Sindh High Court ordered the release of Omar Sheikh, a British-born militant who was accused of killing Daniel Pearl in 2002, ruling that Mr. Sheikh's temporary detention was illegal.
The U.S State Department condemned this ruling, stating that it had been assured that the accused had not been released "at this time", adding that "We continue to honour Daniel Pearl's legacy as a courageous journalist."

Updated 25 Dec, 2020 03:06pm

World

Millions of U.S. vaccine doses sit on ice, putting 2020 goal in doubt

Only 1 million shots of the Pfizer-BioNTech COVID-19 vaccine had been given, about one-third of the first shipment sent last week
The slow pace has barely picked up from the first week when 614,000 shots were given although nearly 2.9 million were shipped

Published 24 Dec, 2020 02:53pm

World

Biden says huge data breach poses 'grave risk' to U.S., promises response

At a news conference, Biden faulted President Donald Trump for stripping U.S. defenses against cyber attacks, saying, “This assault happened on Donald Trump’s watch, when he wasn’t watching."

Published 23 Dec, 2020 09:45am

World

Trump grants full pardon to Russia probe figure George Papadopoulos

Trump also pardoned Alex van der Zwaan, 36, the Dutch son-in-law of Russian billionaire German Khan.

Published 23 Dec, 2020 09:41am

World

U.S. ready to mediate discussions between Israel and Lebanon –Pompeo

“Regrettably, despite goodwill on both sides, the parties remain far apart,” Pompeo said in a statement. 

Published 22 Dec, 2020 06:15pm

World

Japan PM Suga aims to meet with Biden as soon as possible

Suga, speaking at a symposium, also said Japan was preparing to implement thorough coronavirus prevention measures for the Summer Olympics next year.

Published 22 Dec, 2020 11:49am

World

Biden receives COVID-19 vaccine at Delaware hospital

He received his first dose of the Pfizer Inc COVID-19 vaccine on Monday

Published 22 Dec, 2020 09:31am

World

China calls Trump cyberattack claims 'a farce'

Cyber experts said the attack could have far-reaching impact and take months to unravel.

Published 21 Dec, 2020 06:36pm

World

Global arms sales by top 25 companies up by 8.5 percent in 2019

For the first time, a Middle Eastern firm appears in top 25.
After the US, China accounted for the second largest share of 2019 arms sales by the top 25 arms companies, at 16 percent.

Updated 21 Dec, 2020 05:15pm

World

Germany to Iran: Don't waste chance for rapprochement with U.S

Iran should avoid taking any tactical steps that would make it hard for Biden to reverse President Donald Trump’s decision to quit the deal, says German Foreign Minister.
“This chance, this last window of opportunity, must not be wasted.”

Published 21 Dec, 2020 03:46pm

World

China says tailed U.S. warship in Taiwan Strait

The U.S. Navy said the guided missile destroyer USS Mustin had conducted “a routine Taiwan Strait transit (on) Dec. 19 in accordance with international law”.
China’s military, in a statement released by its Eastern Theatre Command, said its air and naval forces “tailed and monitored” the vessel throughout.

Published 19 Dec, 2020 04:17pm

Technology

U.S. blacklists dozens of Chinese firms including SMIC, DJI

The U.S. Commerce Department said the action against SMIC stems from Beijing’s efforts to harness civilian technologies for military purposes and evidence of activities between SMIC and Chinese military industrial companies of concern.

Published 19 Dec, 2020 10:11am

World

U.S. Supreme Court throws out challenge to Trump census immigrant plan

The 6-3 ruling on ideological lines, with the court’s six conservatives in the majority and three liberals dissenting, gives Trump a short-term victory.

Published 19 Dec, 2020 09:41am

World

Biden team says Defense Department officials halted cooperation

Some of Trump’s political appointees in the defense department have recently stopped cooperating, Yohannes Abraham, the executive director of Biden’s transition team said.

Published 19 Dec, 2020 09:37am

World

U.S adding China chipmaker SMIC to economic blacklist, Ross confirms

The department was also adding 11 affiliates of SMIC, Ross said in an interview.
It is seen as the latest in President Donald Trump’s effort to cement his tough-on-China legacy.

Published 18 Dec, 2020 04:55pm

World

Pakistani-born Ali Zaidi named deputy climate coordinator in Joe Biden's administration

"I was floored when President-elect Joe Biden called. I still am — profoundly humbled, deeply honoured, and so ready to get to work!" Zaidi tweeted.
He is currently New York’s deputy secretary for energy and environment.

Published 18 Dec, 2020 04:03pm

World

Iran rejects IAEA chief's call that new agreement needed after Biden takes office

IAEA head Grossi says there had been too many breaches by Iran for the agreement to simply snap back into place when Biden takes office next month
Biden had hinted the United States will rejoin the deal "if Iran resumes strict compliance"

Published 18 Dec, 2020 12:44pm

World

Putin says Kremlin critic Navalny not worth poisoning, alleges U.S. smear campaign

The investigation, which Navalny endorsed, said it had identified a team of assassins from Russia’s FSB security service, who had stalked him for years. It named the intelligence officers and poison laboratories it said were behind the operation.
“It’s a trick to attack the leaders (of Russia),” says Putin.

Updated 17 Dec, 2020 08:02pm

World

U.S. airlines closing in on new government assistance package

A final deal on the $900 billion relief package could be reached as early as Thursday morning in the United States.
In October, American Airlines furloughed 19,000 employees while United Airlines furloughed more than 13,000 employees.

Published 17 Dec, 2020 06:05pm

Business & Finance

US says it provided $128mn in debt relief to Pakistan in 2020

"Through efforts like this, the U.S. and Pakistan are working together to redirect critical resources to the COVID19 pandemic response,” stated the US Embassy Islamabad

Published 17 Dec, 2020 12:16pm

World

Saudis pushing for Gulf dispute breakthrough at summit - sources

The dispute, in which Saudi Arabia and its allies severed diplomatic, trade and travel ties with Qatar in mid-2017, has seen movement with Riyadh earlier this month saying a final solution was within reach.

Published 17 Dec, 2020 09:41am

World

Potential $900bln U.S. COVID-19 bill to include checks for individuals –reports

The potential agreement could come as early as later on Wednesday morning, according to Politico and the Washington Post, which both cited multiple sources involved in or briefed on the ongoing talks.
Unemployment benefits would also be extended as part of the package, the reports said.

Published 16 Dec, 2020 09:20pm

World

Biden will keep using U.S. sanctions weapon but with sharper aim – sources

The revised strategy will be crafted with help from a broad review of sanctions programs that will begin soon after Biden’s inauguration, the sources said on condition of anonymity.
“It won’t be a pullback or a push forward,” said one person close to Biden’s transition team. “It will be a readjustment in the use of the sanctions tool.”

Published 16 Dec, 2020 04:11pm

World

Senior Republicans accept Biden as president-elect, reject talk of overturning election

As a few of President Donald Trump’s most loyal backers contemplated a last-ditch effort to reverse his Nov. 3 election defeat, a growing number of Republicans appeared ready to defy Trump and recognize Biden as the winner more than a month after the vote.

Published 15 Dec, 2020 10:31am

World

'Democracy prevailed,' Biden says after U.S. Electoral College confirms his win

“In this battle for the soul of America, democracy prevailed,” Biden said in a prime-time speech from his hometown of Wilmington, Delaware. “Now it’s time to turn the page, as we’ve done throughout our history – to unite, to heal.”

Published 15 Dec, 2020 10:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

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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