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US

US passes 300,000 Covid-19 deaths: Johns Hopkins tally

Authorities had warned a spike in deaths was coming after millions traveled around the country for the Thanksgiving holiday last month.

Published 15 Dec, 2020 02:19am

World

U.S. court to hear appeal challenging order blocking TikTok app store ban

The ban would have required Apple Inc and Alphabet’s Google to remove the app from their stores, preventing new users from downloading it or existing users downloading updated versions.
On Dec. 4, the Trump administration opted not to grant TikTok-owner ByteDance a new extension of an order requiring the company to divest TikTok’s U.S. assets, but talks have continued over the short video-sharing app’s fate.

Published 14 Dec, 2020 03:07pm

Business & Finance

US orders 100mn more doses of Moderna COVID-19 vaccine

As per details, the American pharmaceutical company Moderna has confirmed that the US government has decided to buy an additional 100 million doses of its COVID-19 vaccine.

Published 12 Dec, 2020 03:44pm

World

US approves Pfizer-BioNTech coronavirus vaccine for emergency use

Donald Trump hailed the development and said the first dose would be administered in less than 24 hours.
The US now joins Britain, Bahrain, Canada, Saudi Arabia and Mexico to approve the two-dose regimen.

Published 12 Dec, 2020 10:19am

World

Erdogan says U.S. sanctions disrespect ally Turkey –Anadolu

Anadolu cited Erdogan as saying that Turkey will be patient and see what trend emerges after the new U.S. administration takes office next month.

Published 11 Dec, 2020 04:29pm

World

Exclusive: U.S. set to sanction Turkey over Russian defense system - sources

Two sources familiar with the matter, including a U.S. official speaking on the condition of anonymity, said President Donald Trump had given aides the blessing for the sanctions.

Published 11 Dec, 2020 09:37am

World

U.S. Senate to vote on spending stopgap as COVID-19 aid debate continues

Senate Majority Leader Mitch McConnell, a Republican, has said the Senate will take it up this week and send it to Trump in time to avoid a government shutdown.
The move gives Congress seven more days to enact a broader, $1.4 trillion “omnibus” spending measure for all government agencies from the Pentagon to national parks.

Updated 10 Dec, 2020 04:17pm

World

China sanctions US officials over Hong Kong moves

The financial hub was rocked by pro-democracy protests last year that were largely halted by a sweeping national security law imposed by Beijing, drawing criticism over eroding rights from countries including the US.
On Monday, the US said it was freezing any US assets and barring travel to the United States for 14 vice-chairs of the Standing Committee of the National People’s Congress, which spearheaded the tough new law.

Published 10 Dec, 2020 02:33pm

World

U.S. blacklists Chinese crime boss, others in anti-corruption sanctions

The sanctions also apply to three entities headed by Wan, who is also known as “Broken Tooth,” the agency said in a statement.
The United States also blacklisted one Liberian individual and one Kyrgyz individual under Executive Order 13818, which targets corruption and serious human rights abuse.

Published 10 Dec, 2020 02:31pm

World

North Korea wasted chance to improve relations under Trump, U.S. envoy says

“Regrettably, much opportunity has been squandered by our North Korean counterparts over the past two years, who too often have devoted themselves to the search for obstacles to negotiations instead of seizing opportunities for engagement,” he said.
- Biegun called for North Korea to resume talks in the coming months.

Published 10 Dec, 2020 12:03pm

World

An antitrust lawsuit in US calls for the breakup of Facebook

FTC alleges that the social network used monopoly power with the intention of suppressing and deterring serious competitive threats
Facebook says the US government wants a do-over with no regard for the impact that precedent would have on the broader business community

Published 10 Dec, 2020 11:44am

Pakistan

Pakistan FO rejects 'selective' US designation on religious freedom blacklist

“Such subjective designations do not contribute towards promoting the cause of religious freedom worldwide.”
Pakistan and the U.S. have been constructively engaging on the subject at the bilateral level, a fact regrettably overlooked by the U.S.

Updated 09 Dec, 2020 08:10pm

World

U.S. cybersecurity firm FireEye discloses breach, theft of internal hacking tools

Kevin Mandia said “red team tools” were stolen as part of a highly sophisticated, likely “nation-state” hacking operation.
The hackers also appeared to be interested in a subset of FireEye customers: government agencies.

Published 09 Dec, 2020 10:53am

World

PM Khan welcomes Joe Biden’s ‘declared intent’ to target dirty money, offshore tax havens

"Developing countries are being impoverished by their corrupt elites who launder money to richer countries and offshore tax havens," the PM tweeted.
"I will lead efforts internationally to bring transparency to the global financial system, go after illicit tax havens, seize stolen assets, and make it more difficult for leaders who steal from their people to hide behind anonymous front companies," Biden wrote.

Updated 09 Dec, 2020 11:39am

World

Biden has chosen retired General Lloyd Austin for defense secretary

Austin was a surprise pick over Michele Flournoy, a former top Defense Department official who was considered the leading contender for the job
Former general will need a waiver from Congress since it has been less than the required seven years since he served

Published 08 Dec, 2020 04:28pm

Pakistan

Pakistan-China ink defense cooperation deal to counter US-India pact

The deal aims to enhance cooperation between the two armies and address regional security issues
It is believed that the pact contains intelligence-sharing that will help Pakistan track the movements of Indian forces across the border

Updated 08 Dec, 2020 05:47pm

World

Iran rejects Saudi Arabia's call for inclusion in nuclear talks

Khatibzadeh accused Riyadh of funding extremist ideology and being responsible for many of the "troubles" of the Arab and Islam world
US President-elect Joe Biden is willing to back the 2015 nuclear deal with Iran from which Donald Trump withdrew

Published 08 Dec, 2020 12:37pm

Business & Finance

After impressive gains, Razak urges Pakistani exporters to pursue US market aggressively

"It is a great achievement by our exporters and I encourage them to market their exports to the US aggressively in order to capture a greater share of the market,” he said.

Published 08 Dec, 2020 12:08pm

Violation of religious freedom: US govt places Pakistan and China among 'countries of particular concern'

Pompeo says US also designated militant groups such as al-Shabaab, al-Qaida, Boko Haram, ISIS, Jamaat Nasr al-Islam wal Muslimin and the Taliban as ‘Entities of Particular Concern’
In view of significant progress by the governments of Sudan and Uzbekistan, the US removed these states from the Special Watch List

Published 08 Dec, 2020 10:33am

World

US targets more officials over Hong Kong as pressure builds on China

The United States has already slapped sanctions on Hong Kong's pro-Beijing leader and has declared that it no longer will treat the financial hub separate from China.

Published 08 Dec, 2020 01:51am

World

China says firmly opposes US interference in its domestic affairs

If the United States insists on going down the wrong path, China will continue to take firm counter measures to safeguard its sovereignty and security, Hua Chunying, a spokeswoman with the foreign ministry told a briefing.

Published 07 Dec, 2020 01:58pm

Business & Finance

U.S. weapons exports rise 2.8% to $175 billion in fiscal 2020

Trump's administration in 2018 rolled out a new "Buy American" program that relaxed restrictions here on military sales while encouraging U.S. officials to take a bigger role in increasing business overseas for the U.S. weapons industry.

Published 05 Dec, 2020 11:36am

Business & Finance

Chinese firms on U.S. exchanges threatened by bill headed to Trump's desk

The measure passed the House by unanimous voice vote, after passing the Senate unanimously in May, sending it to Trump, who the White House said is expected to sign it into law.

Published 03 Dec, 2020 11:07am

World

U.S. military to keep two larger Afghan bases after drawdown to 2,500

Army General Mark Milley said that in addition to the two larger bases, the United States would also keep “several satellite bases.”

Published 03 Dec, 2020 09:34am

World

Trump family urges U.S. appeals court to move marketing scam lawsuit to arbitration

The lawyer, Thomas McCarthy, told the 2nd U.S. Circuit Court of Appeals in Manhattan the plaintiffs were “done in by the allegations of their own complaint,” and that their proposed class action concerning the multi-level marketing company American Communications Network belonged in arbitration.

Published 02 Dec, 2020 02:46pm

World

U.S. may start sharing sensitive intelligence with Honduras in drug fight

A proposed memorandum of understanding on intelligence sharing, which has not previously been reported, has yet to be finalized by the U.S. and Honduran governments. Still, Honduras has already agreed to a key U.S. recommendation that it rescind authority to shoot down suspected drug trafficking planes flying into the country.

Published 02 Dec, 2020 02:22pm

Business & Finance

U.S. arms sales to UAE draw fire from 29 rights groups

“The hope is to stop these sales altogether,” said Seth Binder, advocacy officer at the Project on Middle East Democracy, who spearheaded the effort.

Published 01 Dec, 2020 10:10am

World

U.S. vaccine plans take shape but no let-up on restrictions

United Airlines has begun moving shipments of the vaccine, developed by Pfizer Inc, on charter flights to ensure it can be quickly distributed once it is approved, according to a person familiar with the matter.

Published 28 Nov, 2020 08:17pm

Pakistan

Govt taking serious steps for Dr Aafia’s return: PM’s aide

“The government is working for the return of Pakistanis imprisoned in different countries,” said Awan.

Published 23 Nov, 2020 04:36pm

World

US COVID-19 cases surpass 3 million mark in November

As per the data from Johns Hopkins University, over 3 million new cases were reported between November 1 and 22. That is about a quarter of all US cases since the beginning of this global pandemic.

Updated 23 Nov, 2020 02:43pm

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
Crude Oil USD/Barrel / May 15	78.55
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2361.55
Cotton US¢/pound / May 15	74.42
Petrol/Litre / May 16	273.10

Gainers
Losers
Leaders

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

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

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

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