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White House

White House says reports of a move toward cease-fire in Israeli-Palestinian conflict are encouraging

"We have seen reports of a move toward a potential ceasefire. That's clearly encouraging," Psaki told a regular news briefing.

Published 20 May, 2021 10:44pm

World

Biden calls for 'de-escalation' as Israel and Gaza trade fire

"But I have to say we don't rule out anything."

Updated 20 May, 2021 05:57pm

World

US to send extra 20mn vaccine doses abroad: White House

"The United States will send 20 million doses authorized for use in the United States to help countries battling the pandemic by the end of June," Press Secretary Jen Psaki said.

Published 17 May, 2021 10:55pm

Expect ‘choppiness’ in US economic recovery: White House

WASHINGTON: Expect "choppiness" in the US economic recovery as different sectors bounce back at varying speeds, but...

Published 16 May, 2021 04:26am

World

Security cordon eased in front of White House

WASHINGTON: Closed to the public and ringed by metal fencing for nearly a year, the park in front of the White House...

Updated 12 May, 2021 10:26am

World

Security cordon eased in front of White House

Authorities then erected a metal barrier around Lafayette Square.

Published 11 May, 2021 11:26am

World

Data shows waning COVID impact on US jobs searches, White House's Boushey says

Nonfarm payrolls increased by 266,000 jobs in April, compared with a rise of 770,000 in March and far lower than the 978,000 jobs economists had anticipated.
"We are seeing this strong, steady stable progress to get back to normal," she said in an interview.

Published 07 May, 2021 08:20pm

Markets

Most Asian markets lifted by recovery optimism

Better access for more countries to the drugs would help allow them to reopen their economies sooner and help the global recovery effort.

Published 06 May, 2021 11:24am

World

Biden marks 10 years since bin Laden killing

WASHINGTON: President Joe Biden used the 10th anniversary of the raid that killed Osama bin Laden — “a moment I...

Published 03 May, 2021 04:39am

World

US Republicans grapple with way out of political limbo

The ex-president however is weighed down with baggage.

Published 02 May, 2021 11:18am

Business & Finance

Early trade in New York: Dollar sluggishness persists

NEW YORK: A report of strong US economic growth in the first quarter did little to bolster the dollar on Thursday,...

Updated 30 Apr, 2021 10:31am

US corporations, wealthy must ‘pay their fair share’: Biden

WASHINGTON: President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of ...

Published 30 Apr, 2021 05:06am

World

US says sending $100 million in Covid supplies to India

Biden said Monday that the United States would also ship overseas up to 60 million AstraZeneca vaccine doses that have already been manufactured, but it remained unclear how many would go to India.

Published 29 Apr, 2021 10:34am

World

White House considering intellectual property waiver for COVID-19 vaccines

Tai discussed the issue on Monday with drugmakers Pfizer and AstraZeneca PLC, noting her interest in a solution that gave developing countries a role in addressing critical gaps in vaccine production and distribution.

Published 28 Apr, 2021 01:52pm

World

Trump planning move from Florida to New Jersey for several months

Trump has made his club in Palm Beach, Florida, his home since leaving the White House on Jan. 20. But Mar-a-Lago typically closes in May for the summer.
He plans to remain there until Mar-a-Lago reopens again in the fall.

Published 27 Apr, 2021 08:03pm

World

Biden increases minimum wage for federal government workers

The current minimum wage is $10.95 an hour for these workers, who are not civil servants but work for the federal government through contracting firms.

Published 27 Apr, 2021 04:22pm

World

Biden to propose tax hike on richest to pay for investments: White House

His massive $2 trillion infrastructure and jobs plan would be paid for in part with higher corporate taxes.

Published 27 Apr, 2021 11:01am

World

Amid criticism, US announces export of up to 60m AstraZeneca vaccine

WASHINGTON: The United States will release up to 60 million doses of the AstraZeneca Covid-19 vaccine, a senior...

Updated 27 Apr, 2021 10:08am

World

Biden promises India Covid support in call to Modi

WASHINGTON: US President Joe Biden promised emergency assistance to Covid-ravaged India in a telephone call Monday...

Updated 27 Apr, 2021 10:08am

Business & Finance

US business spending on equipment ends Q1 on strong note

WASHINGTON: New orders for key US-made capital goods rose solidly in March and shipments surged, cementing...

Updated 27 Apr, 2021 10:05am

Markets

Turkish lira nears record low, rattled by US ties and rates policy

"Everything that we conduct with the United States will be under the spell of this very unfortunate statement," he said in an interview on Sunday.

Published 26 Apr, 2021 01:06pm

World

Biden, Erdogan agree to meet at NATO summit in June: White House

Biden is expected to formally recognize the massacre of Armenians by the Ottoman Empire during World War One as an act of genocide, but the statement made no mention of the issue.

Published 23 Apr, 2021 11:13pm

US, other countries deepen climate goals

WASHINGTON: The United States and two other countries hiked their targets for slashing greenhouse gas emissions at a...

Published 23 Apr, 2021 05:12am

World

US to hit 200 million vaccine doses target 'this week’: W.House

The achievement comes in slightly ahead of schedule, with Biden marking his 100th day in office at the end of next week.

Published 21 Apr, 2021 07:32pm

World

Biden to deliver remarks on George Floyd trial verdict: W.House

Biden has already spoken with the family of Floyd by telephone and preparations were being made for a television address inside the White House.

Published 21 Apr, 2021 10:40am

World

Biden tells Floyd family he's 'so relieved' by verdict

"We're all so relieved," Biden said in a phone call that was played on speaker phone and shared on social media by the family in Minneapolis.

Published 21 Apr, 2021 10:38am

Opinion

Bumpy first weeks of Harris’ immigration role show challenges of the job

When President Joe Biden entrusted Vice President Kamala Harris in March with leading US diplomatic efforts to cut...

Published 21 Apr, 2021 03:21am

World

After the initial snub, US formally invites Pakistan to President Biden’s first summit on climate

SAPM on Climate Change Malik Amin Aslam will represent Pakistan at the summit.
Pakistan was not among the 40 countries initially invited to the summit when it was announced by US President Joe Biden last month.
The summit “will be a key milestone on the road to the United Nations Climate Change Conference [COP26] this November in Glasgow [in the U.K.],” said the White House.

Published 19 Apr, 2021 05:02pm

World

US imposes sanctions on Moscow, expels Russian diplomats

After Donald Trump's mixed signals to Russia -- and accusations that the Republican even seemed intent on shielding Putin from criticism -- the Democratic chair of the Senate foreign relations committee cheered Biden's approach.

Published 16 Apr, 2021 10:21am

World

White House says ‘invitation remains open’ to Putin on Biden summit

She said the United States believes a summit would be a good step forward toward "the development of a stable and predictable relationship" between the two countries.

Published 15 Apr, 2021 10:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
Dow Jones / May 6	38852.27
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44
Hang Seng / May 7	18439.46
FTSE 100 / May 7	8295.53
Germany DAX 30 / May 7	18257.19

Item	Value
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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