News Archives for World - 2020-07-29

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World

Fed's Powell says coronavirus surge starting to weigh on economic recovery

US central bank vows to use all tools to support economy.
Fed says economic path depends on novel coronavirus.

Updated 30 Jul, 2020 12:45am

Currency

US slaps sanctions on Syria in push for Assad to end war

The sanctions, imposed under the Caesar Syria Civilian Protection Act and other measures.
"It is time for Assad's needless, brutal war to end. ?This, above all, is what our sanctions campaign is meant to bring about," Pompeo said.

Published 29 Jul, 2020 11:30pm

World

UK names new MI6 spy chief to tackle challenges from China, Russia

UK appoints Richard Moore as spy chief.
Top priority will be China.
Alex Younger to step down later this year.

Published 29 Jul, 2020 11:27pm

World

World Bank's IFC to launch $4bn medical supply financing platform

The International Finance Corp's initiative is largely aimed at private-sector projects to manufacture products such as personal protective equipment.
IFC is contributing $2 billion in internal resources with plans for another $2 billion to come from private-sector partners.

Published 29 Jul, 2020 11:16pm

World

WTO set to skip naming acting chief after US push caused deadlock

The US is insisting on an American, but China and Europe put the brakes on that.
A decision to finalise the interim arrangement could come as early as this week when WTO members are expected to meet.

Published 29 Jul, 2020 11:07pm

Europe

German lawmakers grill Scholz over Wirecard scandal

Scholz entered the closed-door meeting in the parliament's finance committee without giving a statement to reporters.
Scholz last week rushed out a reform agenda that would give financial watchdog BaFin greater investigative and enforcement powers.

Published 29 Jul, 2020 11:06pm

USA

Trump says he never confronted Putin about Russia bounty reports

"I don't have any explanation except that it's part of a pattern that is no surprise to anybody that the president has been very reluctant to cross President Putin."

Published 29 Jul, 2020 05:59pm

USA

Salvadoran president replaces finance minister

Bukele's office made the announcement on Twitter without providing reasons for the change.

Published 29 Jul, 2020 05:56pm

Europe

EU relocates vulnerable asylum seekers from Greece, Cyprus

Greek authorities have kept island camps under coronavirus lockdown since March, prompting criticism from rights groups.

Published 29 Jul, 2020 05:40pm

World

German ministers face grilling over Wirecard collapse

Wirecard filed for insolvency last month after admitting that 1.9 billion euros ($2.2 billion) missing from its accounts did not exist.

Published 29 Jul, 2020 05:33pm

Middle East

Child dies, 700 sick in Jordan mass food poisoning

The owner of the restaurant selling the popular rotisserie meat and bread snacks in Baqa'a district northwest of the capital was arrested, local media reported.

Published 29 Jul, 2020 05:30pm

Asia

Indian businessman converts office into coronavirus ward

The coronavirus epidemic is still raging in the world's second-most populous nation, with the number of infections passing 1.5 million on Wednesday, and almost 35,000 deaths.

Published 29 Jul, 2020 05:25pm

USA

Italian coast guard rescues migrants off Libya

France replied there were no French-flagged vessels in the Libyan area of responsibility, it said.

Published 29 Jul, 2020 05:22pm

Asia

Indonesia says detains Vietnam boat with two tonnes of fish

The vessel then slammed into an Indonesian coast guard ship and a passing commercial boat in its failed bid to escape, they added.

Published 29 Jul, 2020 05:17pm

Europe

Peaceful protests a 'fundamental human right': UN watchdog

The independent experts on the Human Rights Committee published a fresh interpretation of the right of peaceful assembly, offering comprehensive legal guidance about where and how it applies and also outlining governments' obligations.

Published 29 Jul, 2020 05:16pm

Europe

France urges caution but says no virus second wave

Veran noted people felt the need to relax after the lockdown imposed to combat the virus but warned this was not the moment to let their guard down.

Published 29 Jul, 2020 05:12pm

World

Half of coronavirus patients given ventilation died: German study

With the summer holiday season in full swing, politicians are also watching anxiously at infection numbers which have ticked up in recent weeks.

Published 29 Jul, 2020 04:55pm

Exchange

Afghan talks back on track as new ceasefire agreed

The top US diplomat in Kabul welcomed the ceasefire and voiced hope that the two sides would move quickly to the negotiating table.

Published 29 Jul, 2020 04:36am

World

Three returned migrants shot dead on Libya coast

TRIPOLI: Three Sudanese migrants were killed in a shooting in Libya after the country's coast guard intercepted them...

Published 29 Jul, 2020 02:48am

World

Faded photo giant Kodak gets $765m for drug business

WASHINGTON: Erstwhile photo giant Eastman Kodak will launch a new business manufacturing pharmaceuticals amid the...

Updated 29 Jul, 2020 03:10am

World

China halts HK extradition treaties with Canada, Australia, UK

BEIJING: China announced the suspension Tuesday of Hong Kong's extradition treaties with Canada, Australia and...

Updated 29 Jul, 2020 03:10am

World

Canada OKs remdesivir

MONTREAL: Canada on Tuesday gave the green light for people with severe symptoms of Covid-19 to be treated with the...

Updated 29 Jul, 2020 03:09am

World

France sends coronavirus ventilators, test kits to India

NEW DELHI: A French air force jet on Tuesday delivered ventilators and tens of thousands of coronavirus test kits to...

Updated 29 Jul, 2020 03:08am

Europe

Virus curbs tightened over fears of a second wave

PARIS: Spain and Germany were among the countries tightening restrictions on Tuesday in a bid to cool coronavirus...

Published 29 Jul, 2020 02:48am

World

Thousands protest against Myanmar army after woman's killing

HPA-AN: Several thousand protesters marched in southeast Myanmar on Tuesday to demand the military's withdrawal from...

Published 29 Jul, 2020 02:48am

China

China's Mars probe photographs Earth en route to Red Planet

BEIJING: China's first Mars probe has beamed back a photo of the Earth and the Moon as it heads toward its...

Published 29 Jul, 2020 02:48am

Exchange

China foreign minister slams US 'reckless provocation' after consulate closures

BEIJING: China's foreign minister on Tuesday slammed the US for "reckless provocation of confrontation" after both...

Published 29 Jul, 2020 02:48am

South Asia

France sends coronavirus ventilators, test kits to India

The 130 ventilators, 50,000 test kits and 50,000 swab kits arrived as the number of pandemic cases in India passed 1.5 million.

Published 29 Jul, 2020 02:25am

Europe

Virus curbs tightened over fears of a second wave

More than 100,000 deaths have been recorded since July 9 and the global toll has doubled in just over two months.

Published 29 Jul, 2020 02:22am

Africa

Rebel ambush kills 7 soldiers in eastern DR Congo: monitor

The DRC army has been fighting an array of armed groups in the east of the vast central African country for nearly three decades.

Published 29 Jul, 2020 02:19am

Europe

Belarus leader claims he worked through coronavirus

Belarus has reported over 67,000 cases of the coronavirus and 543 people have died.

Published 29 Jul, 2020 02:17am

Africa

Two-thirds of 94 migrants rescued by Malta have COVID-19

The number of positive cases means that Malta's total of active cases has shot up to 99.

Published 29 Jul, 2020 02:15am

USA

US, Australia seek new military cooperation in face of China

US Defense Secretary hailed the participation of five Australian warships last week in exercises with a US carrier group.

Published 29 Jul, 2020 02:00am

Africa

Mali PM urges unity govt after opposition rejects compromise

The June 5 Movement later postponed a press conference, without offering reasons.

Published 29 Jul, 2020 01:56am

Middle East

Saudi FM discusses Libya with Algerian, Tunisian leaders

The Saudi diplomat told Tebboune that the kingdom would "coordinate with Algeria to reach a peaceful solution to the Libyan crisis".

Published 29 Jul, 2020 01:52am

USA

Florida virus deaths surpass 6,000 with single day record

In Miami, only 8.7 percent of intensive care beds were available.

Published 29 Jul, 2020 01:51am

Europe

Serbia accused of pressuring critics with bank probe

The probe is "criminalising those who investigate crime", said Slobodan Georgiev.

Published 29 Jul, 2020 01:46am

Africa

Egypt executes 7 over killing of policeman in 2013

An appeals court had in November 2018 rejected an appeal against the sentence.

Published 29 Jul, 2020 01:43am

Africa

Three returned migrants shot dead on Libya coast: UN agency

Libya has become a key route for irregular migration to Europe in the chaotic years following the 2011.

Published 29 Jul, 2020 01:42am

Africa

UN, AU urge Darfur troop deployment to protect civilians

Violence in Darfur has eased since Bashir's ouster by the army amid mass protests against his rule last year.

Published 29 Jul, 2020 01:32am

Currency

Rising COVID-19 cases dent US consumer confidence; housing market presses ahead

Consumer confidence index falls to 92.6 in July.
Measure of consumer expectations tumbles to 91.5
Labor market measures improve, still low.

Published 29 Jul, 2020 12:28am

Europe

Virology institute launches Russia's second COVID-19 vaccine human trial

The next volunteer in the trial by the Vector virology institute in Siberia would receive an injection on July 30,
A government register of all clinical trials shows that the institute, which is overseen by Rospotrebnadzor.

Published 29 Jul, 2020 12:03am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 6	276.86 ▼ -0.01
USD PKR Interbank Buying / Nov 6	276.66 ▼ -0.01
USD to Japanese Yen / Nov 10	158.03 ▼ -0.04
USD to Swiss Franc / Nov 10	0.82 -
Pound Sterling to USD / Nov 10	1.34 ▲ 0.001
Euro to USD / Nov 10	1.12 ▲ 0.0004
SOFR % / Nov 9	3.88 ▼ -0.01

Stock	Volume
Tokyo Nikkei / Nov 10	60,616.92
Hang Seng / Nov 10	24,570.74
FTSE 100 / Nov 10	10,831.05
Germany DAX 30 / Nov 10	26,556.34
France CAC40 / Nov 10	8,333.33
S&P 500 / Nov 9	7,549.94
India Sensex / Nov 9	81,106.65
Nasdaq / Nov 9	25,253.14
Dow Jones / Nov 9	52,389.75

Item	Value
Petrol/Litre / Nov 10	346
Crude Oil USD/Barrel / Nov 10	86.07
Karachi Cotton PKR/37.32 KG / Nov 10	18,080
Gold 10 Grams PKR / Nov 10	369,372
Gold Spot USD/Ounce / Nov 10	4,122.64
Diesel/Litre / Nov 10	378
Cotton US¢/pound / Nov 10	83.12

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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