Trends - US - Business Recorder

US

US adds 428,000 private jobs in August, below expectations: ADP

The US Labor Department has reported tens of millions of layoffs since the business shutdowns began in mid-March.

Published 02 Sep, 2020 08:35pm

World

US police shoot and kill another black man

The latest killing came as US President was headed for Kenosha where police shot Jacob Blake.

Published 01 Sep, 2020 08:42pm

World

Philippines will not follow US in blacklisting China firms: official

China's ambassador to the Philippines said the US sanctions were aimed at driving "a wedge between China and regional countries".

Published 01 Sep, 2020 06:00pm

World

Kushner visits UAE base where coveted F-35 jets deployed

Israel has already received a first consignment of the jets.
Netanyahu has made clear his opposition to the UAE being next in line.

Published 01 Sep, 2020 05:39pm

US using national security concerns as excuse to act against Chinese firms, accuses China

China’s foreign ministry official says US repeatedly abused the concept of national security, misused national power, and oppressed particular Chinese companies

Updated 01 Sep, 2020 05:44pm

World

Global coronavirus cases surpass 25 million, death toll tops 840,000

India’s single-day tally of 78,761 new coronavirus infections on Sunday exceeded the one-day increase of 77,299 reported by the United States in mid-July.

Published 30 Aug, 2020 07:27pm

Markets

Pompeo to visit UN to trigger Iran sanctions 'snapback'

The move widens the gulf between the US and the other permanent members of the Security Council on Iran policy.

Published 20 Aug, 2020 08:30pm

Business & Finance

US, China to hold call on trade in 'near future': official

The COVID-19 pandemic has put pressure on the agreement and China's purchases of those goods has been lagging.

Published 20 Aug, 2020 05:41pm

World

US calls on Iraq to dismantle armed groups

Asked about the plan for cutting the 5,000 US troops now in Iraq, Pompeo said he had no numbers and urged people "not to focus on that."

Published 20 Aug, 2020 02:47am

World

US formally ends three accords with Hong Kong

Beijing imposed the new national security law in response to last year's pro-democracy protests.

Published 20 Aug, 2020 02:27am

World

US blacklists UAE firms for supporting Iran airline

The Treasury also placed sanctions on UAE-based Iranian national Amin Mahdavi, who the Treasury said either owns or controls Parthia Cargo.

Published 20 Aug, 2020 01:56am

World

US convention season set to begin, with (virtual) spotlight on Biden

Trump's Republicans will also hold a virtual convention after their attempts to salvage the traditional format failed.

Published 17 Aug, 2020 01:38am

World

US tightens chokehold on Cuba, blocks private charter flights

Cuba has been under a US embargo since 1962. Trump has ramped up sanctions, canceling or suspending many of the agreements made under Obama.

Published 14 Aug, 2020 01:51am

Markets

July U.S. employment growth slows sharply

Nonfarm payrolls increased by 1.763 million jobs last month after a record 4.791 million in June, the Labor Department said on Friday. Economists polled by Reuters had forecast 1.6 million jobs were added in July.

Published 08 Aug, 2020 10:33am

World

Qatari royal family member financed ‘weapons deliveries’ to Hezbollah, puts US troops at risk

A private security contractor, Jason G said he was offered 750,000 euros by Qatar’s ambassador to Belgium and the North Atlantic Treaty Organization (NATO) to remain quiet on Qatar's role.

Published 07 Aug, 2020 12:51pm

Business & Finance

China July trade surplus with U.S. at $32.46 billion

For the first seven months of the year, China’s trade surplus with the United States totalled $153.58 billion.

Published 07 Aug, 2020 10:18am

Markets

US plan for 'highest level' Taiwan visit in decades angers China

Washington remains the leading arms supplier to the island but has historically been cautious in holding official contacts with it.

Published 06 Aug, 2020 02:11am

Pakistan

Pakistan receives second consignment of ventilators from US

US has provided 100 respiratory ventilators to Pakistan.

Published 30 Jul, 2020 02:23pm

Business & Finance

As US, China tensions deepen; global manufacturers could shift to Pakistan: Report

"Both Chinese and global manufacturers may move their factories from China to Pakistan,” said Canadian research firm BCA in its latest report.

Published 30 Jul, 2020 11:39am

Business & Finance

U.S. economy likely suffered historic plunge in second quarter; outlook murky as COVID-19 cases surge

The bulk of the historic plunge in gross domestic product expected to be reported by the Commerce Department on Thursday occurred in April when activity almost ground to an abrupt halt after restaurants, bars and factories among others were shuttered in mid-March to slow the spread of coronavirus.

Published 30 Jul, 2020 10:21am

World

US warns of 'consequences' if Brazil picks Huawei 5G

The United States has been actively lobbying countries worldwide to boycott Huawei, arguing the firm could allow the Chinese government to spy on their data.

Published 30 Jul, 2020 01:55am

World

US consulate in China readies for closure as diplomatic row rages

The current situation in China-US relations is not what China desires to see, and the US is responsible for all this.

Published 26 Jul, 2020 12:54am

World

U.S. records 1,000 coronavirus deaths for fourth day, some progress seen

At least 1,019 fatalities due to COVID-19 were confirmed nationwide on Friday, following 1,140 on Thursday, 1,135 on Wednesday and 1,141 on Tuesday.

Published 25 Jul, 2020 11:46am

World

US says Russia group laid mines around Tripoli

The US has repeatedly accused Russia of introducing military weaponry, including at least 14 MIG-29 fighter jets.

Published 15 Jul, 2020 05:52pm

World

US warns of 'arbitrary detention' risk in China

Australia and Canada have also issued travel warnings over fears of arbitrary detention by Beijing.

Published 11 Jul, 2020 07:26pm

World

Iran will develop oil industry despite U.S. sanctions - says minister

“We will not surrender under any circumstances ... We have to increase our capacity so that when necessary with full strength we can enter the market and revive our market share,” said Zanganeh.

Published 11 Jul, 2020 04:09pm

World

U.S. coronavirus cases rise by record for third day in a row, up over 62,500

Seven states reported record increases in cases on Friday: Alaska, Georgia, Louisiana, Montana, Ohio, Utah and Wisconsin.

Published 11 Jul, 2020 11:11am

Business & Finance

US IDFC keen to finance projects in Pakistan

Boehler stated that funds are available through both debt and equity to finance projects in the private sector in several fields and also for infrastructure projects in the Public-Private Partnership (PPP) mode.

Published 09 Jul, 2020 01:34pm

Markets

China poised to beat US in digital currency race, admits Bank of America

Analysts say digital yuan could increase the Chinese currency’s use in international commerce

Updated 08 Jul, 2020 09:15pm

World

US closes in on three million COVID-19 cases

America is by far the hardest-hit country in the world, with more than 130,000 deaths.

Published 08 Jul, 2020 08:19pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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