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Washington

NATO eyes post-Trump reset as Afghanistan call looms

Ministers will agree on extending and expanding a training mission in Iraq aimed at bolstering the capacity of the country's military.

Published 17 Feb, 2021 09:52am

World

Biden effect: Saudi hastens trials, placates rivals

Biden's new Director of National Intelligence, Avril Haines, has said she intends to declassify a US intelligence report into Khashoggi's murder.

Published 16 Feb, 2021 10:08am

World

Decision time soon for Biden on Iran nuclear deal

With help from the Europeans, the United States and Iran could also lay out the steps they will take, he said.

Updated 14 Feb, 2021 05:15pm

World

Washington state's proposed wealth tax would cost Bezos $2 billion a year: report

Washington state’s proposed wealth tax would cost Amazon CEO Jeff Bezos $2 billion per year, CNBC reported on Monday.
State legislators in Washington proposed a bill that would institute a 1 percent tax on wealth more than $1 billion.

Updated 09 Feb, 2021 06:30pm

Business & Finance

Days before coup, IMF sent Myanmar $350mn in emergency aid; no precedent for refund

The IMF's counterparty in Myanmar is the Central Bank of Myanmar, and the source expressed hope it can maintain its independence from the country's finance ministry.

Published 03 Feb, 2021 10:33am

World

What happens when the US increases its minimum wage?

There is no consensus regarding the effects, as shown in Seattle, which in 2014 became the first major US city to adopt a $15 minimum wage.

Published 31 Jan, 2021 11:01am

World

WHO team to start Wuhan virus probe under global glare

The group started a two-week quarantine on arrival on January 14 in the central Chinese city where the first known cluster of virus cases emerged in late 2019.

Published 28 Jan, 2021 12:38pm

World

100mn cases worldwide, as US seeks to reset its Covid fight

The number of cases, compiled from data provided by national health agencies, represents just a fraction of the real infections as the coronavirus has spread around the globe.

Published 27 Jan, 2021 10:52am

Business & Finance

US Senate confirms Yellen as first female Treasury secretary

Biden is having to push Congress for funding while simultaneously getting his government confirmed -- Pentagon chief Lloyd Austin won Senate approval Friday -- and bracing for turmoil from Trump's impeachment trial.

Published 26 Jan, 2021 11:03am

Technology

Google stops donations to US Congress members who voted against election results

Following the incident, Republicans in Congress faced blowback from several corporate firms who paused campaign donations and said they were reviewing their policies.

Published 26 Jan, 2021 10:50am

Markets

Dollar pauses its decline on fresh virus worries

The second impeachment trial of former US President Donald Trump expected early next month could complicate his efforts.

Published 25 Jan, 2021 10:29am

World

China calls for 'better angels' to prevail in reset with Biden's US

Under Trump, tensions with China plunged to a nadir over trade, security, technology, the origins of the Covid-19 pandemic and human rights.

Published 21 Jan, 2021 02:33pm

World

Venezuela's Maduro hopes for 'better relations' with US under Biden

He urged the pro-government legislature, the National Assembly, to "take initiatives" towards a "new beginning" with Washington.

Published 21 Jan, 2021 09:43am

World

Taiwan invited to US inauguration for first time since 1979

The ruling Democratic Progress Party described it as "a new breakthrough in 42 years".

Published 21 Jan, 2021 09:30am

Markets

Dollar slips as US stimulus hopes lift mood

The Chinese yuan clung to modest gains in offshore trade at 6.4757 to the dollar ahead of a monthly interest rate fixing where traders expect no change in either one-year or five-year loan prime rates.

Published 20 Jan, 2021 12:25pm

Markets

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar

Saudi Arabia has played catch up as a supplier since November with steep cuts in prices to woo customers, overtaking Russia, which had led for most of 2020 with more flexible logistics and geographical proximity to Chinese refiners.

Published 20 Jan, 2021 10:57am

World

Trump spends last day in White House, Biden goes to Washington

The latest indications are that Trump will not take the legally dubious step of issuing himself and his children preemptive pardons.

Updated 19 Jan, 2021 11:14pm

World

Qatar's foreign minister wants Gulf Arab nations to talk with Iran

"This is also a desire that's shared by other GCC (Gulf Cooperation Council) countries," he told Bloomberg TV.

Published 19 Jan, 2021 11:45am

Business & Finance

France suggests pause on US-EU trade standoff

"If we could quickly find a method to settle this dispute with Europe and France, that would be a step forward," he said. "It may take time but, in the meantime, we can always order a pause."

Published 17 Jan, 2021 10:55am

World

Biden to sign executive orders on Day 1, amid high alert for inauguration

He said he was licensed to carry his gun in Virginia, but forgot to take it out of his car before leaving home for his overnight shift in Washington.

Published 17 Jan, 2021 10:31am

Markets

New York City's FY 2022 budget gap grows to $5.25 billion

The mayor called for a new and substantial round of stimulus to help offset the economic fallout from the pandemic and stave off the possibility of state funding cuts.

Published 15 Jan, 2021 12:25pm

World

Turkey urges dialogue with US after missile sanctions

Washington moved quickly to suspend Turkey's involvement in the programme, barring it from acquiring the next-generation planes in reprisal.

Published 14 Jan, 2021 01:34pm

Business & Finance

IMF approves $487.5mn aid to Angola

"Oil production and prices remain weak, and the health and social impacts of the pandemic continue to be felt," the group said.

Published 12 Jan, 2021 10:37am

Markets

Asian stocks swing as virus and unrest offset vaccine, stimulus

The problem is that, for now, the green light has temporarily given way to a state of investors' political angst.

Published 12 Jan, 2021 10:32am

China to counter 'unjustified' foreign trade and business laws

SHANGHAI: China's Ministry of Commerce on Saturday published new rules for countering "unjustified" laws and...

Updated 10 Jan, 2021 03:03am

World

Trump backers rally in Washington ahead of vote certification

Many demonstrators were hoping for a last-minute surprise that would keep Trump in power beyond January 20, the date of Biden's inauguration.

Published 06 Jan, 2021 10:13am

World

US military blames Taliban for spate of Afghan assassinations

The deputy governor of Kabul province, five journalists, and a prominent election activist have been among those assassinated since November.

Published 04 Jan, 2021 06:01pm

Pakistan

Pakistan's Embassy in Washington D.C. closed after staff tests positive for COVID-19

The Embassy has been closed for three days from January 4 to 6
All consular services will remain suspended during this period. However, online services for visa and passport renewal and main-in-visa services will remain available

Updated 04 Jan, 2021 12:50pm

World

Afghan peace talks resume as bloodshed continues

The Taliban carried out more than 18,000 attacks across the country in 2020, Afghanistan's spy chief Ahmad Zia Siraj told lawmakers this week.

Published 03 Jan, 2021 02:03pm

World

In New Year's speech, Taiwan president again reaches out to China

While there was no direct response from Beijing, Liu Jieyi, the head of China's Taiwan Affairs Office, said in his new year's message they would stand by the "one China" principle.

Updated 01 Jan, 2021 12:29pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 2 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5.51 ▲ 0.56 (11.31%)
Ashfaq Textile / Jul 2 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 2 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Sanofi-Aventis / Jul 2 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 2 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 2 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)
MithchellsFruit / Jul 2 Mitchells Fruit Farms Limited(MFFL)	91.69 ▲ 6.39 (7.49%)
Allawasaya Tex / Jul 2 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1525.00 ▲ 106.00 (7.47%)

Stock	Price
F.Treet Manuf / Jul 2 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 2 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 2 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 2 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 2 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 2 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 2 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 2 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
Jahangir Sidd(Pref) / Jul 2 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.44 (-5.54%)
Quice Food / Jul 2 Quice Food Industries Limited(QUICE)	3.82 ▲ -0.19 (-4.74%)

Stock	Volume
Agritech Limited / Jul 2 Agritech Limited(AGL)	9,614,500 ▼ 0.00
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5,016,500 ▼ 0.00
Kohinoor Spining / Jul 2 Kohinoor Spinning Mills Limited(KOSM)	4,705,000 ▼ 0.00
G3 Technologies / Jul 2 G3 Technologies Limited(GTECH)	4,358,000 ▼ 0.00
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	4,332,500 ▼ 0.00
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	3,891,837 ▼ 0.00
Sui North Gas / Jul 2 Sui Northern Gas Pipelines Limited(SNGP)	2,448,092 ▼ 0.00
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	2,072,000 ▼ 0.00
Pak Int.Bulk / Jul 2 Pakistan International Bulk Terminal(PIBTL)	2,010,000 ▼ 0.00
Pak Refinery / Jul 2 Pakistan Refinery Limited(PRL)	1,717,062 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

Washington

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