News Archives for World - 2020-07-15

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World

Pompeo says US to impose visa curbs on Huawei over rights

Pompeo also said telecommunications companies around the world "should consider themselves on notice" that if they do business with Huawei, "they are doing business with human rights abusers."
"Certain Huawei employees provide material support to the CCP regime that commits human rights abuses."

Published 15 Jul, 2020 08:57pm

Exchange

EU and India seek deeper trade ties

The leaders discussed it at our summit today in the context of post-COVID economic recovery priorities on both sides.

Published 15 Jul, 2020 08:56pm

USA

US COVID-19 epidemic projected to worsen

California, Florida and Texas, the three most populous states in the country, will see one thousand more deaths over the next four weeks.

Published 15 Jul, 2020 08:54pm

USA

Trump only wants North Korea summit if real progress possible: Pompeo

Pompeo also told a livestreamed interview with The Hill that the North Koreans had "chosen at this point time not to engage in a way that can lead to a potential solution."
Kim Yo Jong, the sister of North Korea's leader Kim Jong Un, said last week that another summit between him and Trump was unlikely this year.

Published 15 Jul, 2020 08:50pm

Currency

US import prices post biggest gain in more than eight years

Import prices increase 1.4% in June.
Import prices fall 3.8% year-on-year.
Export prices rise 1.4%; down 4.4% year-on-year.

Published 15 Jul, 2020 08:43pm

USA

Canada factory sales post a record jump, still well below pre-pandemic levels

Despite the jump, total manufacturing sales in May were 28.4% below their pre-pandemic level in February.
Canada shuttered most non-essential businesses, beginning in mid-March, and ordered people to stay at home but has since been gradually reopening its economy.

Published 15 Jul, 2020 08:28pm

Europe

Positive news on Oxford/AstraZeneca COVID-19 vaccine could come Thursday: report

The potential vaccine is already in large-scale Phase III human trials to assess whether it can protect against COVID-19.
More than 100 vaccines are being developed and tested around the world to try to stop the COVID-19 pandemic.

Published 15 Jul, 2020 08:08pm

South Asia

EU's von der Leyen says hopes for ‘ambitious’ free trade pact with India

It needs to include our usual requirements in terms of market access, public procurement and, of course, sustainable development. So there is still a way to go.
Von der Leyen spelled out EU priorities: "Avoiding market access barriers and ensuring fair and transparent competition remains essential. We raised that topic too."

Published 15 Jul, 2020 08:06pm

South Asia

Indonesia floods death toll rises to 21

Nearly 1,600 people were taking refuge in temporary shelters, the Search and Rescue Agency said.

Published 15 Jul, 2020 07:24pm

USA

US industrial output jumps 5.4pc in June, -42.6pc Q2: Fed

Manufacturing surged 7.2 percent last month, while production of motor vehicles and parts remained nearly 25 percent below its February level.

Published 15 Jul, 2020 07:20pm

Europe

France to boost domestic production with tax breaks, PM says

Outlining his policy priorities, Castex did not say how the tax relief - long sought by companies - would be financed but said that French taxpayers would not be called on to pay more.
The crisis has confirmed that we must now transform our industry.
"We will ease taxes that weigh on producing in France," Castex added.

Updated 15 Jul, 2020 08:00pm

Europe

Swedish PM wants quick deal on EU recovery fund

EU leaders are holding a two-day summit beginning Friday, and Lofven said Sweden aims to get a deal done.

Published 15 Jul, 2020 06:12pm

Middle East

Iran says 140 health workers died from virus

Lari said the country had recorded 13,410 deaths overall, with 199 in the past 24 hours.

Published 15 Jul, 2020 05:54pm

Africa

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

Africa

Zambia's economy to shrink 4.2pc in 2020

Sectors including mining, energy, construction, manufacturing, tourism, trade and transport were all expected to record poor performances due to COVID-19, Ng'andu said.
Before the outbreak of the coronavirus pandemic, Zambia had estimated a growth of at least 3% this year, Ng'andu said.

Published 15 Jul, 2020 05:51pm

World

Trump on UK's Huawei ban: 'I did this myself'

UK is a relatively small place, China says.
Investment in UK will suffer, China says.
Trump says: I am responsible for UK ban.

Published 15 Jul, 2020 05:44pm

Middle East

Air strikes kill civilians in Yemen's al-Jawf province

Violence has picked up since the expiry in late May of a temporary ceasefire prompted by the coronavirus pandemic,
Earlier this week the Houthis targeted Saudi border cities with missiles and drones in what they called a response to air strikes that killed 10 civilians in the Hajjah region.

Published 15 Jul, 2020 05:40pm

Europe

Belarus leader criticises West after protests over election bans

President Lukashanko is seeking re-election on Aug. 9.
His two main rivals have been barred from running.
Their exclusion on Tuesday sparked protests.

Published 15 Jul, 2020 05:24pm

World

Mexico reports 7,051 new cases of coronavirus, 836 more deaths

The government has said the real number of infected people is likely significantly higher than the confirmed cases.

Published 15 Jul, 2020 01:13pm

World

Trump says he is not interested in talking to China about Phase 2 deal

"I'm not interested right now in talking to China," Trump replied when asked in an interview with CBS News whether Phase 2 trade talks were dead.

Published 15 Jul, 2020 03:22am

Europe

Macron wants face masks mandatory indoors

PARIS: French President Emmanuel Macron said Tuesday that face masks could soon be required in public indoor spaces...

Updated 15 Jul, 2020 03:07am

Europe

UK U-turn as government confirms facemask order

LONDON: Facemasks will become compulsory in shops and supermarkets in England from next week, Health Secretary Matt...

Published 15 Jul, 2020 02:43am

World

Hagia Sophia will open outside prayer time, says Turkey

ISTANBUL: Turkey's Hagia Sophia could open to visitors outside prayer times and its Christian icons will remain,...

Updated 15 Jul, 2020 03:09am

Asia

Flash floods kill 15 in Indonesia, dozens missing

MAKASSAR: At least 15 people were killed and dozens missing after flash floods left hundreds of houses buried in mud...

Updated 15 Jul, 2020 03:07am

China

China rushes to contain floods after record rainfall

SHANGHAI: Soldiers erected sandbag flood barriers in a city near China's largest freshwater lake after the heaviest...

Published 15 Jul, 2020 02:43am

Cotton

US calls China the new East India Company at sea

WASHINGTON: A senior US official on Tuesday likened China's state enterprises to Britain's colonizing East India...

Updated 15 Jul, 2020 03:09am

Europe

Hungary lawmakers hand PM Orban EU virus deal veto

EU leaders meet later this week to agree on a 750-billion-euro ($850 billion) coronavirus aid package aimed at helping countries hit hardest by the virus.

Published 15 Jul, 2020 01:18am

USA

Trump weighs in on key Senate runoff in Alabama

Tuberville paints Sessions as weak, declaring in a campaign ad: "He wasn't man enough to stand with President Trump when things got tough."

Published 15 Jul, 2020 01:16am

Exchange

Dutch PM 'quite gloomy' about EU virus deal

The Netherlands should also have a right to veto any grant if countries did not carry out those reforms, Rutte said.

Published 15 Jul, 2020 01:11am

Asia

Virus-hit Singapore plunges into recession as economy shrinks 41%

The 41.2 percent quarter-on-quarter drop was the worst ever recorded in the city-state, which is considered a barometer for the health of global trade.

Published 15 Jul, 2020 01:08am

Europe

France will require face masks indoors as virus picks up

His comments, in a television interview marking Bastille Day, came after he oversaw the traditional military ceremony that was drastically downsized because of the pandemic.

Published 15 Jul, 2020 12:53am

World

As polls shift against Trump, Biden makes play for red Texas

A recent Dallas Morning News poll that had Biden up by five points against Trump showed that fully nine percent of Republicans would vote for Biden if the general election were held today.

Published 15 Jul, 2020 12:45am

USA

New York adds more states to virus quarantine list

The full list now stands at 22, with the addition of Minnesota, New Mexico, Ohio and Wisconsin, Governor Andrew Cuomo announced in a statement.

Published 15 Jul, 2020 12:38am

Middle East

Thousands protest in Jerusalem against Netanyahu

Some placards carried by demonstrators read "Netanyahu's corruption makes us sick" and "Netanyahu, resign".

Published 15 Jul, 2020 12:19am

Europe

Justice 'undermined' in Venezuela: UN rights chief

Among them was completing judicial reforms announced in January to guarantee the system's "independence, impartiality, transparency, accessibility and effectiveness".

Published 15 Jul, 2020 12:17am

World

IMF warns Ukraine loan requires independent central bank

The Washington-based crisis lender last month approved a $5 billion loan package for Ukraine to deal with the economic hit from the coronavirus pandemic.

Published 15 Jul, 2020 12:15am

Middle East

Turkey's daily coronavirus cases drop below 1,000 for first time in a month

Koca said the total number of COVID-19 cases now stood at 214,993, while the death toll rose by 20 on Tuesday to 5,402.

Published 15 Jul, 2020 12:12am

Middle East

Erdogan, Trump agree to work more closely in Libya to ensure stability

Ankara has previously said the United States needs to play a more active role in Libya.

Published 15 Jul, 2020 12:10am

USA

Trump expected to talk about China and Hong Kong at 5 pm news conference

Tuesday is the deadline for the president to sign legislation approved by the US Congress to penalize banks doing business with Chinese officials.

Published 15 Jul, 2020 12:06am

Previous Day

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 10	276.85 ▼ -0.01
USD PKR Interbank Buying / Nov 10	276.65 ▼ -0.01
USD to Japanese Yen / Nov 10	158.72 ▲ 0.65
USD to Swiss Franc / Nov 10	0.83 ▲ 0.0054
Pound Sterling to USD / Nov 10	1.33 ▼ -0.0088
Euro to USD / Nov 10	1.12 ▼ -0.0051
SOFR % / Nov 9	3.88 ▼ -0.01

Stock	Volume
S&P 500 / Nov 10	7,520.93
Tokyo Nikkei / Nov 10	60,459.58
Nasdaq / Nov 10	25,065.88
Hang Seng / Nov 10	24,557.04
FTSE 100 / Nov 10	10,751.59
Dow Jones / Nov 10	52,231.89
Germany DAX 30 / Nov 10	26,347.45
France CAC40 / Nov 10	8,278.59
India Sensex / Nov 9	81,106.65

Item	Value
Petrol/Litre / Nov 11	338
Diesel/Litre / Nov 11	371
Crude Oil USD/Barrel / Nov 10	86.32
Karachi Cotton PKR/37.32 KG / Nov 10	18,080
Gold 10 Grams PKR / Nov 10	369,372
Gold Spot USD/Ounce / Nov 10	4,036.47
Cotton US¢/pound / Nov 10	82.51

Gainers
Losers
Leaders

Stock	Price
Security Investment Bank / Nov 10 Security Investment Bank Limited(SIBL)	8.53 ▲ 1 (13.28%)
Pervez Ahmed Consultancy / Nov 10 Pervez Ahmed Consultancy Services Ltd.(PASL)	8.96 ▲ 1 (12.56%)
Altern Energy / Nov 10 Altern Energy Limited(ALTN)	6.50 ▲ 0.6 (10.17%)
First AL-Noor Mod. / Nov 10 First Al-Noor Modaraba(FANM)	14.14 ▲ 1.29 (10.04%)
Wahdat Poultry Farm / Nov 10 Wahdat Poultry Farm Limited(WAHDAT)	14.92 ▲ 1.36 (10.03%)
Metro Steel / Nov 10 Metropolitan Steel Corporation Limited(MSCL)	21.96 ▲ 2 (10.02%)
Unicap Modaraba / Nov 10 Unicap Modaraba(UCAPM)	20.97 ▲ 1.91 (10.02%)
ARM Green Industries / Nov 10 ARM Green Industries Limited(ARMG)	82.02 ▲ 7.46 (10.01%)
Pakistan Credit Rating Agency / Nov 10 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	37.60 ▲ 3.42 (10.01%)
Liven Pharma / Nov 10 Liven Pharma Limited(LIVEN)	34.62 ▲ 3.15 (10.01%)

Stock	Price
LSE Financial Serv. / Nov 10 LSE Financial Services Limited(LSEFSL)	2.29 ▼ -0.34 (-12.93%)
Azgard Nine (Non-Voti) / Nov 10 Azgard Nine (Non-Voti)(ANLNV)	7.18 ▼ -0.91 (-11.25%)
Frontier Ceramics / Nov 10 Frontier Ceramics Limited(FRCL)	93.96 ▼ -10.44 (-10%)
J.A.Textile / Nov 10 J.A. Textile Mills Limited(JATM)	78.76 ▼ -8.75 (-10%)
Pakistan Refinery / Nov 10 Pakistan Refinery Limited(PRL)	77.45 ▼ -8.1 (-9.47%)
Nets Internat.Comm. / Nov 10 Nets International Communication Limited(GEMNETS)	20 ▼ -2.04 (-9.26%)
Mughal Energy / Nov 10 Mughal Energy Limited(GEM)(GEMMEL)	32.02 ▼ -3.23 (-9.16%)
Nadeem Tex. / Nov 10 Nadeem Textile Mills Limited(NATM)	65.02 ▼ -5.66 (-8.01%)
Fateh Sports / Nov 10 Fateh Sports Wear Limited(FSWL)	235 ▼ -19.97 (-7.83%)
Data Agro / Nov 10 Data Agro Limited(DAAG)	151.60 ▼ -11.13 (-6.84%)

Stock	Volume
Cnergyico PK / Nov 10 Cnergyico PK Limited(CNERGY)	69,968,776 ▼ -0.65
Tasdeeq Info. Serv. / Nov 10 Tasdeeq Information Services Limited(TISL)	46,399,977 ▲ 0.2
K-Electric Ltd. / Nov 10 K-Electric Limited(KEL)	42,177,945 ▲ 0.12
Fauji Cement / Nov 10 Fauji Cement Company Limited(FCCL)	38,415,129 ▲ 5.44
Maple Leaf Cement / Nov 10 Maple Leaf Cement Factory Limited(MLCF)	33,123,031 ▲ 6.86
B.O.Punjab / Nov 10 The Bank of Punjab(BOP)	32,293,007 ▲ 1.01
Ningbo Green Light / Nov 10 Ningbo Green Light Energy Limited(NGLEL)	30,370,044 ▲ 1.26
LSE Financial Serv. / Nov 10 LSE Financial Services Limited(LSEFSL)	28,125,134 ▼ -0.34
Pakistan Refinery / Nov 10 Pakistan Refinery Limited(PRL)	27,247,478 ▼ -8.1
TPL Properties / Nov 10 TPL Properties Limited(TPLP)	25,644,572 ▲ 0.43

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