News Archives for World - 2020-10-28

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Currency

Record US third-quarter growth assured as goods trade deficit falls, inventories rise

Goods trade deficit decreases 4.5% in September.
Retail inventories jump 1.6%.
Third-quarter GDP seen rebounding at a 31% rate.

Published 28 Oct, 2020 08:01pm

Europe

EU sets aside 100 million euros for rapid virus tests

The antigen test for the coronavirus is not seen as being as reliable as the so-called "PCR test", in which a sample taken from a nasal swab is sent to a lab for testing.

Published 28 Oct, 2020 07:49pm

World

Over 500,000 virus cases worldwide in new daily record

In total, 516,898 new infections and 7,723 deaths were announced, according to the tally compiled on Wednesday.

Published 28 Oct, 2020 07:47pm

Kerb

Facebook, Twitter, Google CEOs to defend key law before US Senate panel

Facebook Inc's Mark Zuckerberg, Twitter Inc's Jack Dorsey and Google's Sundar Pichai will be asked about how they monitor and moderate political content online.
I have long said that Big Tech poses the single greatest threat to our First Amendment rights and the future of democracy.

Published 28 Oct, 2020 06:41pm

South Asia

India's NTPC to borrow $478mn from Japanese banks to fund clean energy

The loan proceeds will be utilized by NTPC Ltd, the PSU under Ministry of Power, for funding its capex for Flue Gas Desulphurization (FGD) & Renewable Energy projects.
India has a phased plan for plants to comply with emission norms, with deadlines extending to the end of December 2022.

Published 28 Oct, 2020 06:30pm

South Asia

India trials of Russian Sputnik-V vaccine may end as early as March

Enrolment to the mid-stage trial of the Sputnik-V vaccine will start in the next few weeks and the trial was likely to end by December.
With 8 million COVID-19 infections and second only to the United States, India is pinning its hopes on a vaccine to stem the spread of the pandemic.

Published 28 Oct, 2020 06:28pm

Middle East

Saudi Arabia plans $2bn boost for space programme by 2030

We believe there are a lot of opportunities that exist in the space sector and we, in Saudi Arabia, intend to tap these opportunities at all levels.
Saudi Arabia is a main founder and financier of the Arab Satellite Communications Organization (Arabsat), launched in 1976, with a 37% stake.

Published 28 Oct, 2020 06:22pm

South Asia

Malaysia's anti-graft agency probes AirAsia's bank loan

We have started our investigation to look into whether there had been any violation.
The application was not made overnight but instead SDB had carried out the best and most thorough investigation and consideration before the approval was given,

Published 28 Oct, 2020 06:20pm

World

Pompeo says China has brought lawlessness to Sri Lanka and the Maldives

The five-day tour is aimed at girding allies against China's increasing political and military inroads in the region in recent years.
We see from bad deals, violations of sovereignty and lawlessness on land and sea that the Chinese Communist Party is a predator, and the United States comes in a different way, we come as a friend, and as a partner.

Published 28 Oct, 2020 06:12pm

South Asia

Pompeo slams 'predator' China on Sri Lanka trip

Pompeo described how Washington has provided military training and recently gifted two coastguard vessels, contrasting its assistance with China.

Published 28 Oct, 2020 06:08pm

Europe

Syria strike shows Russia not seeking 'lasting peace': Erdogan

The attack killed 78 fighters in the bloodiest surge in violence since a truce almost eight months ago.

Published 28 Oct, 2020 05:44pm

World

Air pollution contributed to 15% of coronavirus deaths: Study

It estimates that more than 6,100 COVID-19 deaths in Britain and around 40,000 in the US could be attributed to air pollution.

Published 28 Oct, 2020 05:40pm

Europe

Merkel eyes tough curbs to tame virus before Christmas

Germany has recorded 464,239 coronavirus cases since the start of the pandemic.
A total of 10,183 people have died so far, according to RKI figures.

Published 28 Oct, 2020 05:40pm

World

Azerbaijan says 19 killed, 60 wounded in Armenia missile attack

Both sides have accused each other of failing to respect ceasefire agreements mediated by Russia, France, and the United States.

Published 28 Oct, 2020 05:38pm

Europe

Europe faces tougher virus curbs but Melbourne lifts lockdown

Daily cases of Covid-19 in France have topped 50,000, while Germany is regularly reporting 10,000 new infections.

Published 28 Oct, 2020 05:37pm

South Asia

UK, India strengthen economic ties including on Covid

The new agreements included opening up infrastructure opportunities in India to UK commercial expertise and financing.

Published 28 Oct, 2020 05:33pm

Middle East

Iran hits daily record 415 virus deaths

Lari added that 6,824 people had tested positive for the virus, bringing Iran's officially declared cases to 558,648.

Published 28 Oct, 2020 05:27pm

Europe

Heathrow says Paris now Europe's busiest airport

Heathrow said 2020 passenger numbers up to end of September totalled 19.27 million for Paris and 18.97 million at Heathrow.

Published 28 Oct, 2020 05:25pm

USA

$36.5 million worth of construction projects deemed to be "underused", according to SIGAR

According to an audit report from the Special Investigator for Afghanistan Reconstruction (SIGAR), millions of dollars worth of fraudulent financial activities were detected through an investigation by the monitoring body, with multiple construction projects not being implemented as intended.

Updated 28 Oct, 2020 04:24pm

World

Nearly 6,000 Afghan civilians killed or wounded in 2020: UN

A report released by UN states that from January to September, there were 5,939 civilian casualties in the fighting - 2,117 people killed and 3,822 wounded

Published 28 Oct, 2020 03:54pm

World

US pre-voting surpasses 70mn despite week remaining in Election Day

According to the tally from the US Elections Project, it which shows a record-breaking pace that could lead to the highest voter turnout in percentage terms in mote then a century.

Updated 28 Oct, 2020 03:43pm

World

Philadelphia sees more protests after fatal police shooting

Monday's shooting of the 27-year-old Walter Wallace, caught on cell phone video, draws fresh attention to fatal use of force by police following months of protests over how officers treat Black people.

Updated 28 Oct, 2020 02:38pm

Middle East

Pakistan Navy commences construction of third Turkish corvette

In a ceremony on Sunday, a Turkish-build MILGEM Corvette warship was unveiled, as it was announced that the Turkish National Defense Ministry firm ASFAT will be building four vessels for the Pakistan Navy; making it the single-largest export of the Turkish defense industry.

Published 28 Oct, 2020 01:57pm

World

Indian military to be restructured under five theatre commands to contain Pakistan, China threat

Currently, the Indian Army, Indian Air Force and the Indian Navy all defend Indian airspace on separate communication frequencies and without synergy

Updated 28 Oct, 2020 12:16pm

Kerb

Inaction to contain hateful content: Facebook's India policy head Ankhi Das quits

The current and former Facebook employees said Das’s intervention on behalf of Singh is part of a broader pattern of favoritism by Facebook towards Modi’s Bharatiya Janata Party and Hindu hard-liners

Updated 28 Oct, 2020 11:23am

Exchange

US, India defence deal will have ‘serious repercussions,’ warns Pakistan

US and India have signed an agreement called Basic Exchange and Cooperation Agreement.

Updated 28 Oct, 2020 10:50am

World

China blasts 'bully' US ahead of Pompeo's Sri Lanka stop

COLOMBO: China warned the United States not to "coerce and bully" Sri Lanka as US Secretary of State Mike Pompeo...

Updated 28 Oct, 2020 05:02am

Europe

Two children among four dead after migrant vessel capsizes in Channel

LOON-PLAGE, (France): Four migrants, two children among them, died Tuesday after the boat in which they had set out...

Published 28 Oct, 2020 02:52am

Previous Day

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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 6	158.48 ▲ 0.94
USD to Swiss Franc / Nov 6	0.82 ▲ 0.0045
Pound Sterling to USD / Nov 6	1.34 ▼ -0.01
Euro to USD / Nov 6	1.11 ▼ -0.0077
SOFR % / Nov 5	3.92 ▼ -0.02

Stock	Volume
S&P 500 / Nov 6	7,376.66
India Sensex / Nov 6	81,028.02
Tokyo Nikkei / Nov 6	57,434.77
Nasdaq / Nov 6	24,579.42
Hang Seng / Nov 6	24,481.86
FTSE 100 / Nov 6	10,673.94
Dow Jones / Nov 6	51,285.73
Germany DAX 30 / Nov 6	25,820.36
France CAC40 / Nov 6	8,139

Item	Value
Petrol/Litre / Nov 9	346
Diesel/Litre / Nov 9	378
Crude Oil USD/Barrel / Nov 6	90.83
Karachi Cotton PKR/37.32 KG / Nov 6	18,080
Gold 10 Grams PKR / Nov 6	367,914
Gold Spot USD/Ounce / Nov 6	4,070.80
Cotton US¢/pound / Nov 6	82.79

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Nov 6 Chenab Limited (Pref)(CLCPS)	4.72 ▲ 0.72 (18%)
Security Investment Bank / Nov 6 Security Investment Bank Limited(SIBL)	7.53 ▲ 1 (15.31%)
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	7.96 ▲ 1 (14.37%)
LSE Financial Serv. / Nov 6 LSE Financial Services Limited(LSEFSL)	2.63 ▲ 0.29 (12.39%)
Ningbo Green Light / Nov 6 Ningbo Green Light Energy Limited(NGLEL)	12.62 ▲ 1.15 (10.03%)
First AL-Noor Mod. / Nov 6 First Al-Noor Modaraba(FANM)	12.85 ▲ 1.17 (10.02%)
Grays Leasing / Nov 6 Grays Leasing Limited(GRYL)	80.58 ▲ 7.33 (10.01%)
J.A.Textile / Nov 6 J.A. Textile Mills Limited(JATM)	87.51 ▲ 7.96 (10.01%)
ARM Green Industries / Nov 6 ARM Green Industries Limited(ARMG)	74.56 ▲ 6.78 (10%)
Baba Farid Sugar / Nov 6 Baba Farid Sugar Mills Limited(BAFS)	459.83 ▲ 41.8 (10%)

Stock	Price
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	0.03 ▼ -0.59 (-95.16%)
Escorts Bank / Nov 6 Escorts Investment Bank Limited(ESBL)	12.14 ▼ -1.35 (-10.01%)
Sindh Modaraba / Nov 6 Sindh Modaraba(SINDM)	65.92 ▼ -7.32 (-9.99%)
Ellcot Spinning / Nov 6 Ellcot Spinning Mills Limited(ELSM)	201.59 ▼ -20.8 (-9.35%)
Unicap Modaraba / Nov 6 Unicap Modaraba(UCAPM)	19.06 ▼ -1.52 (-7.39%)
Premier Insurance (R) / Nov 6 Premier Insurance Limited (RIGHT)(PINLR)	0.65 ▼ -0.05 (-7.14%)
Pak Leather Crafts / Nov 6 Pak Leather Crafts Limited(PAKL)	67.54 ▼ -4.94 (-6.82%)
Universal Ins. / Nov 6 The Universal Insurance Company Limited(UVIC)	18.98 ▼ -1.24 (-6.13%)
Paramount Mod / Nov 6 First Paramount Modaraba(FPRM)	13.55 ▼ -0.82 (-5.71%)
Paramount Spinning / Nov 6 Paramount Spinning Mills Limited(PASM)	9.43 ▼ -0.57 (-5.7%)

Stock	Volume
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	687,381,117 ▼ -0.59
Tasdeeq Info. Serv. / Nov 6 Tasdeeq Information Services Limited(TISL)	140,783,607 ▲ 0.29
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	72,154,825 ▲ 0.08
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	47,939,154 ▲ 0.04
Media Times Ltd / Nov 6 Media Times Limited(MDTL)	41,329,381 ▼ -0.07
TPL Properties / Nov 6 TPL Properties Limited(TPLP)	25,069,293 ▲ 0.25
Trust Sec.& Brok. / Nov 6 Trust Securities & Brokerage Limited(TSBL)	24,996,297 ▲ 0.04
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,970,440 ▲ 1
Ist.Capital Sec / Nov 6 First Capital Securities Corporation(FCSC)	21,500,857 ▲ 0.23
B.O.Punjab / Nov 6 The Bank of Punjab(BOP)	21,284,920 ▼ -0.76

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