News Archives for World - 2020-11-25

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World

Football legend Diego Maradona dies aged 60

Footballing legend Diego Maradona, often considered to be one of the greatest players of all time, has died at the age of 60.

Updated 25 Nov, 2020 10:30pm

Europe

EU chief says no-deal still possible despite progress in UK trade talks

An EU official involved in the negotiations said a deal was possible, but not likely before the weekend at the earliest.

Published 25 Nov, 2020 08:17pm

World

Foreign aid to Afghanistan could reach $12 billion over four years, some with conditions

Ville Skinnari, Finland’s minister for development cooperation and foreign trade whose government co-organised the conference, said donors had pledged $3 billion for next year, with annual commitments expected to continue at roughly the same level through to 2024, adding: “This would amount to $12 billion.”

Published 25 Nov, 2020 07:43pm

World

UAE halts new visas to citizens of Pakistan, 13 mostly Muslim states: document

The document, sent to companies operating in the park and seen by Reuters, cited an immigration circular that came into effect on Nov. 18.

Updated 25 Nov, 2020 10:59pm

USA

U.S. weekly jobless claims increase again

The weekly claims report, the most timely data on the economy's health, was published a day early because of Thursday's Thanksgiving Day holiday.

Published 25 Nov, 2020 07:23pm

South Asia

Chinese foreign minister arrives in South Korea amid talk about Xi visit

Wang, who is also a state councillor, arrived in Seoul after spending two days in Tokyo and will meet his counterpart Kang Kyung-wha on Thursday, said South Korea's foreign ministry.

Published 25 Nov, 2020 07:17pm

World

China's Xi congratulates Biden on U.S. election victory

Also on Wednesday, Chinese Vice President Wang Qishan congratulated Biden's running mate, Kamala Harris, on being elected the next U.S. vice president, Xinhua said.

Published 25 Nov, 2020 07:05pm

Europe

UK pauses public sector pay hikes, except for health workers

Sunak said he had to address the "disparity" between public and private sector wages in a move opposition parties said.

Published 25 Nov, 2020 06:59pm

USA

Pompeo criticises incoming Biden Administration for "leading from behind"

On Tuesday, United States Secretary of State Mike Pompeo criticised members of President-elect Joe Biden's incoming administration, stating that they have lived in a "fantasy world" and "led from behind".

Published 25 Nov, 2020 06:51pm

Europe

Poland's unemployment rate flat at 6.1pc in October

The statistics office also said that the number of registered unemployed was 1.018 million last month.

Published 25 Nov, 2020 05:24pm

South Asia

China's Xi wants to build good relations with Suga

Foreign Minister Wang Yi said he had relayed Xi's message to Suga in Beijing's first high-level contact with Japan's new leader.

Published 25 Nov, 2020 05:21pm

South Asia

Japan plans to limit event attendance through year-end amid COVID-19 surge

Japanese Economy Minister Yasutoshi Nishimura said on Wednesday the government wants to limit attendance at sports and other large events through end of the year to contain the spread of COVID-19.

Published 25 Nov, 2020 05:17pm

Europe

Germany plans Christmas curbs as COVID-19 deaths hit record

However, the death toll jumped 410 to 14,771, up from 305 a week ago, and just 49 on Nov. 2, the day Germany introduced a partial lockdown.

Published 25 Nov, 2020 05:14pm

Asia

Indonesia reports record daily rise in coronavirus infections

Southeast Asia's biggest country has the region's highest number of coronavirus cases and deaths.

Published 25 Nov, 2020 05:11pm

South Asia

American Contractor in Afghanistan Sentenced to Prison for Theft of Military Equipment

On Wednesday, an American military contractor was sentenced to more than three years in prison for his role in an illegal theft ring on a military instalment in Kandahar, Afghanistan.

Updated 25 Nov, 2020 05:34pm

Europe

Erdogan to Putin: Nagorno-Karabakh ceasefire efforts could include others

The ceasefire signed on Nov. 10 halted military action in and around Nagorno-Karabakh, internationally recognised as part of Azerbaijan but populated by ethnic Armenians, after the worst fighting in the region since the 1990s.

Published 25 Nov, 2020 04:58pm

Europe

Bulgaria imposes lockdown as COVID-19 cases surge

The restrictions, which will start late on Friday, are aimed at preventing a strained health system from being overwhelmed and at halting the spread of infections in the Balkan country of 7 million people.

Published 25 Nov, 2020 04:53pm

Europe

Erdogan says government will implement reform with nationalist allies

He also praised the AKP's parliamentary alliance with the nationalist MHP, a day after MHP leader Devlet Bahceli dismissed media speculation about rifts with the AKP over the recent government talk of reforms.

Published 25 Nov, 2020 04:44pm

Europe

Poland reports new daily record of 674 coronavirus-related deaths

While daily infections have dropped from record highs of over 27,000 in early November, deaths have been spiking in recent days.

Published 25 Nov, 2020 04:42pm

World

Worldwide coronavirus cases cross 59.8 million, death toll at 1,409,664

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 25 Nov, 2020 04:40pm

Europe

Free COVID tests for Czechs to start Dec 18, minister says

The country of 10.7 million has shown one of Europe's fastest per-capita rises in coronavirus infection since September although the incidence has slowed in the last few weeks.

Published 25 Nov, 2020 04:37pm

USA

Biden to discuss coronavirus response as Thanksgiving holiday nears

He said the team, which includes trusted aide Antony Blinken as his nominee for U.S. secretary of state, would shed "old thinking and unchanged habits" in its approach to foreign relations.

Published 25 Nov, 2020 04:21pm

Middle East

Iran records highest daily coronavirus infections of 13,843, TV reports

Iran's health officials have voiced alarm over a surge in infections, urging the nation to adhere to the health protocols, including wearing face masks and social distancing.

Published 25 Nov, 2020 04:17pm

World

India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

Updated 25 Nov, 2020 04:45pm

World

Car crashes into gate of Merkel's office

There were no immediate reports of casualties and it was not clear if Merkel was inside the building. Dozens of police and a fire engine attended the incident. The driver, who appeared to be in late middle age, was taken away in a wheelchair.

Published 25 Nov, 2020 03:51pm

World

EU drafts deal to upgrade 2030 climate change target next month

The current 2030 target for EU members, who together make up the European Council, is a 40% cut in emissions from 1990 levels, already higher than the amount pledged by other big emitters such as China and the United States.

Published 25 Nov, 2020 03:47pm

Middle East

Handmade wooden waterpipes keep bubbling in Karbala

Orders for Karbala's wooden pipes for shishas come from as far away as Germany, helping the carpenters survive the economic crisis caused by Covid-19 when smoking cafes were closed.

Updated 25 Nov, 2020 01:33pm

World

Saudi cabinet says Houthi attacks target backbone of global economy, security of its supplies: SPA

The cabinet also stressed the importance of facing up to “such sabotage and terrorist acts and the parties behind them.”

Published 25 Nov, 2020 09:20am

World

Plasma from recovered patients shows little benefit in those hospitalized with COVID-19: study

The therapy know as convalescent plasma, which delivers antibodies from COVID-19 survivors to infected people, did not significantly improve patients’ health status.

Published 25 Nov, 2020 09:16am

World

Twitter plans to relaunch verification program next year

The company said it may cut the blue badge from accounts that severely or repeatedly violate rules.

Published 25 Nov, 2020 09:09am

World

Aramco says Huthi strike tore large hole in oil tank

JEDDAH: Saudi Aramco said Tuesday that a strike by Yemen's Huthi rebels on its plant in Jeddah tore a hole in an oil...

Updated 25 Nov, 2020 03:34am

World

Hundreds of flights cancelled as Shanghai tackles virus outbreak

SHANGHAI: Hundreds of flights at one of China's busiest airports were cancelled Tuesday as Shanghai raced to bring a...

Published 25 Nov, 2020 02:56am

World

France to ease lockdown as world ramps up vaccine preparations

PARIS: France on Tuesday was set to become the latest country to ease coronavirus restrictions in the run-up to...

Published 25 Nov, 2020 02:56am

World

NY City's first black mayor dies

NEW YORK: David Dinkins, New York City's first and so far only black mayor, has died at 93. The Democrat served as...

Published 25 Nov, 2020 02:56am

World

Biden to introduce nominees as White House transition begins

WASHINGTON: US President-elect Joe Biden is to formally introduce his nominees for top national security and foreign...

Published 25 Nov, 2020 02:56am

Europe

UK to relax coronavirus curbs over Christmas

Britain has now recorded almost 56,000 deaths of people testing positive for the virus, the worst toll in Europe.

Published 25 Nov, 2020 02:13am

USA

Biden says security team 'ready to lead the world'

"It's a team that reflects the fact that America is back. Ready to lead the world, not retreat from it," Biden said.

Published 25 Nov, 2020 02:11am

South Asia

World renews Afghanistan aid with ceasefire call and conditions

Efforts to rebuild Afghanistan began soon after a US-led invasion ousted Taliban regime from power in the wake of the September 11, 2001 attacks on US.

Published 25 Nov, 2020 02:09am

USA

Incoming US envoy Kerry vows to seek greater climate goals

Speaking to Biden, Kerry said: "You're right to rejoin Paris on day one, and you're right to recognize that Paris alone is not enough."

Published 25 Nov, 2020 02:06am

Exchange

Next stage in Netanyahu graft trial postponed to February

His next court appearance will be on January 13, when his formal response to the charges will be presented.

Published 25 Nov, 2020 02:04am

World

Others to get vaccine first as Canada lacks production capacity: PM

The number of Covid-19 cases in Canada topped 340,000 on Tuesday, including 11,500 deaths.

Published 25 Nov, 2020 02:02am

USA

US will distribute 6.4 million Covid-19 vaccine doses in first tranche

The Pfizer vaccine has ultra-cold long-term storage requirements of -70 degrees Celsius.
Company has developed special containers with dry ice to keep it cool for up to 15 days.

Published 25 Nov, 2020 02:00am

Currency

US consumer confidence ebbs; house prices surge

Consumer confidence index falls 5.3 pts to 96.1 in November.
House prices increase 6.6% year-on-year in September.

Published 25 Nov, 2020 12:54am

Africa

South Africa confirms going for COVAX vaccine scheme for 10pc of population

S.Africa records most COVID infections in Africa.
Picks COVAX scheme for early batch of vaccines.
Advisors had recommended going COVAX route.
Govt to pay 500 mln rand towards vaccine production.

Published 25 Nov, 2020 12:45am

Europe

UK to spend 4bn pounds to push long-term unemployed into work

Finance minister Rishi Sunak will make the announcement as part of a set of spending plans on Wednesday.
Earlier this month, the Bank of England forecast that the jobless rate would rise to nearly 8% by the middle of next year from 4.8% in the three months to September.

Published 25 Nov, 2020 12:36am

USA

US officials plan to release 6.4mn COVID-19 vaccine doses in first distribution

The officials had previously said they anticipate 40 million doses will be distributed by year end, a number they reiterated on Tuesday.
Pfizer Inc last week filed for the first US emergency use authorization (EUA) of a COVID-19 vaccine after releasing data that showed it was 95% effective at preventing the illness in a large, Phase III trial.

Published 25 Nov, 2020 12:24am

World

Biden says US 'ready to lead' again on global stage

Introducing his new foreign policy and national security team, the Democratic former vice president signaled.
While this team has unmatched experience and accomplishments, they also reflect the idea that we cannot meet these challenges with old thinking and unchanged habits.

Published 25 Nov, 2020 12:11am

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 8	346
Diesel/Litre / Nov 8	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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