News Archives for World - 2022-08-17

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USA

Fed minutes may point to rationale for size of future rate hikes

WASHINGTON: Federal Reserve officials are adamant they will keep raising interest rates until high inflation is...

Published 17 Aug, 2022 08:06pm

Europe

NATO says ready to intervene if Serbia-Kosovo stability at risk

BRUSSELS: NATO’s peacekeeping force in Kosovo is ready to intervene if stability between Serbia and Kosovo is at...

Published 17 Aug, 2022 07:53pm

USA

US business inventories increase solidly in June

WASHINGTON: US business inventories increased strongly in June amid signs of a large buildup of stocks in the retail...

Published 17 Aug, 2022 07:50pm

USA

US retail sales flat in July; core sales rise

WASHINGTON: US retail sales were unchanged in July as declining gasoline prices weighed on receipts at service...

Published 17 Aug, 2022 06:40pm

South Asia

Taliban test repaired helicopters, planes in flyover of capital

KABUL: Taliban military aircraft roared over the Afghan capital on Wednesday as the group’s defence ministry tested...

Published 17 Aug, 2022 06:31pm

Africa

Kenya’s Ruto says no time to waste after election as rival prepares court challenge

NAIROBI: Kenya’s president-elect William Ruto said on Wednesday there was no time to waste in tackling an economic...

Published 17 Aug, 2022 05:52pm

Energy

Saudi Arabia’s crude oil exports, output rise in June

Saudi Arabia’s crude oil exports rose in June, while output increased to a more than two-year high, data from the...

Published 17 Aug, 2022 05:44pm

Middle East

Israel to restore full diplomatic ties with Turkey: PM Lapid

JERUSALEM: Israeli Prime Minister Yair Lapid said Wednesday his government will restore full diplomatic ties with...

Published 17 Aug, 2022 05:30pm

Europe

Turkey vows to back Palestinians despite restoring Israel ties

ANKARA: Turkey said on Wednesday that its decision to restore diplomatic relations with Israel after a decade of...

Published 17 Aug, 2022 05:21pm

Europe

UK inflation to hit 15% in early 2023, Citi predicts

LONDON: British consumer price inflation is likely to peak at an annual rate above 15% in the first three months of...

Published 17 Aug, 2022 04:56pm

South Asia

China to send troops to Russia for ‘Vostok’ exercise

BEIJING: Chinese troops will travel to Russia to take part in joint military exercises led by the host and including...

Published 17 Aug, 2022 04:52pm

USA

TikTok to clamp down on paid political posts by influencers ahead of US midterms

TikTok will work to prevent content creators from posting paid political messages on the short-form video app, as...

Published 17 Aug, 2022 03:30pm

South Asia

Former Sri Lankan President Rajapaksa will return next week

Sri Lanka's former president Gotabaya Rajapaksa will return to the island nation next week after fleeing in July ...

Published 17 Aug, 2022 03:08pm

Business & Finance

Dubai airport sees passenger travel surge, hikes annual forecast

DUBAI: The operator of Dubai International said on Wednesday over 14 million passengers had travelled through the...

Published 17 Aug, 2022 12:36pm

South Asia

Australia relocates more Afghan athletes fleeing Taliban rule

MELBOURNE: Australia has relocated Afghanistan’s Olympic flag-bearer Kimia Yousofi and other athletes and their...

Published 17 Aug, 2022 11:03am

Europe

Ukraine and Russia: What you need to know right now

Russia blamed sabotage for explosions at one of its military bases in Moscow-annexed Crimea while Kyiv hinted it was...

Published 17 Aug, 2022 10:58am

Asia

North Korea fires two cruise missiles from west coast town of Onchon

SEOUL: North Korea fired two cruise missiles from the west coast town of Onchon early on Wednesday, a South Korean...

Published 17 Aug, 2022 10:54am

Asia

China’s Xi makes first public appearance in two weeks

BEIJING: Chinese President Xi Jinping visited the northeastern province of Liaoning on Tuesday, state media...

Published 17 Aug, 2022 10:48am

Asia

South Korea president says any talks with North Korea should be more than show

SEOUL: Talks with North Korea should not be for political show but contribute to establishing peace, South Korean...

Published 17 Aug, 2022 10:44am

Europe

Action wanes at UN to isolate Russia almost six months into Ukraine war

UNITED NATIONS/GENEVA: On a June night under the chandeliers of Russia’s United Nations mission in New York, dozens...

Published 17 Aug, 2022 10:38am

USA

Trump-backed challenger beats Republican Liz Cheney in US midterm primary

JACKSON: US Representative Liz Cheney, a fierce Republican critic of Donald Trump who has played a prominent role in...

Published 17 Aug, 2022 10:29am

Asia

China unveils new perks aimed at boosting slowing birth rate

BEIJING: China on Tuesday announced a slew of perks aimed at encouraging families to have more babies, as birth ...

Published 17 Aug, 2022 06:07am

Technology

Co-founder of Spades, a UAE-based payments solution, advises startups against ‘aggressive customer acquisition’

Adnan Haque, the co-founder of a contactless payments solution that is being used at some 200 restaurants in the ...

Updated 17 Aug, 2022 12:58pm

World

‘Soviet occupation of Afghanistan and the Kashmir Resurrection’

Excerpts from the book “Avoiding Armageddon: America, India, and Pakistan to the Brink and Back” by Bruce Riedel

Published 17 Aug, 2022 06:07am

South Asia

11 Hindu men convicted of gang-rape in 2002 riots go free

AHMEDABAD: Eleven Hindu men jailed for life for the gang-rape of a pregnant Muslim woman during Hindu-Muslim riots ...

Published 17 Aug, 2022 06:07am

World

11 dead in Turkish strikes on Syria border post: monitor

BEIRUT: Turkish air strikes on a Syria border post run by regime forces killed 11 Tuesday, following an overnight...

Published 17 Aug, 2022 06:07am

World

US tests ICBM after Ukraine, China-linked delays

WASHINGTON: The United States successfully tested a long-range, nuclear-capable ballistic missile Tuesday after ...

Published 17 Aug, 2022 06:07am

World

Blasts at Russian base in Crimea suggest Ukrainian fightback

KYIV: Moscow denounced sabotage and Ukraine hinted at responsibility for new explosions on Tuesday at a military...

Published 17 Aug, 2022 12:25am

Previous Day

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BR30
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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 26	277.01 ▼ -0.01
USD PKR Interbank Buying / Oct 26	276.81 ▼ -0.01
USD to Japanese Yen / Oct 27	157.75 ▲ 0.1
USD to Swiss Franc / Oct 27	0.83 ▲ 0.0002
Pound Sterling to USD / Oct 27	1.33 ▼ -0.0012
Euro to USD / Oct 27	1.12 ▼ -0.0006
SOFR % / Oct 23	3.92 ▲ 0.02

Stock	Volume
India Sensex / Oct 27	73,538.77
Tokyo Nikkei / Oct 27	63,257.03
Hang Seng / Oct 27	23,070.28
FTSE 100 / Oct 27	10,656.07
Germany DAX 30 / Oct 27	25,379.04
France CAC40 / Oct 27	7,815.33
S&P 500 / Oct 26	7,676.77
Nasdaq / Oct 26	26,169.38
Dow Jones / Oct 26	52,361.58

Item	Value
Petrol/Litre / Oct 27	379.25
Crude Oil USD/Barrel / Oct 27	100.87
Karachi Cotton PKR/37.32 KG / Oct 27	18,180
Gold Spot USD/Ounce / Oct 27	4,006.52
Diesel/Litre / Oct 27	395.82
Cotton US¢/pound / Oct 27	78.65
Gold 10 Grams PKR / Oct 26	363,028

Gainers
Losers
Leaders

Stock	Price
Security Investment Bank / Oct 27 Security Investment Bank Limited(SIBL)	6.74 ▲ 0.69 (11.4%)
Grays Leasing / Oct 27 Grays Leasing Limited(GRYL)	37.59 ▲ 3.42 (10.01%)
Unicap Modaraba / Oct 27 Unicap Modaraba(UCAPM)	23.52 ▲ 2.14 (10.01%)
F.Credit & Inv / Oct 27 First Credit and Investment Bank Limited(FCIBL)	96.89 ▲ 8.81 (10%)
Ghandhara Ind. / Oct 27 Ghandhara Industries Limited(GHNI)	1,061.16 ▲ 96.47 (10%)
Olympia Mills / Oct 27 Olympia Mills Limited(OML)	79.41 ▲ 7.22 (10%)
Pak Gen.Ins. / Oct 27 The Pakistan General Insurance Co. Ltd.(PKGI)	23.66 ▲ 2.15 (10%)
Punjab Oil / Oct 27 Punjab Oil Mills Limited(POML)	165.08 ▲ 15.01 (10%)
Shahzad Tex. / Oct 27 Shahzad Textile Mills Limited(SZTM)	156.31 ▲ 14.21 (10%)
Descon Oxychem / Oct 27 Descon Oxychem Limited(DOL)	31.28 ▲ 2.84 (9.99%)

Stock	Price
Bawany Air Products (R) / Oct 27 Bawany Air Products Limited Right(BAPLR1)	7.62 ▼ -1 (-11.6%)
Fateh Ind. / Oct 27 Fateh Industries Limited(FIL)	309.40 ▼ -34.37 (-10%)
Khairpur Sug. / Oct 27 Khairpur Sugar Mills Limited(KPUS)	1,259.84 ▼ -139.98 (-10%)
D.S. Ind. Ltd. / Oct 27 D.S. Industries Limited(DSIL)	30.45 ▼ -3.38 (-9.99%)
Shadman Cotton / Oct 27 Shadman Cotton Mills Limited(SHCM)	72.40 ▼ -8.01 (-9.96%)
TPL Insurance / Oct 27 TPL Insurance Limited(TPLI)	71.98 ▼ -7.32 (-9.23%)
Crescent Textile / Oct 27 The Crescent Textile Mills Limited(CRTM)	61.93 ▼ -6.06 (-8.91%)
Ghazi Fabrics / Oct 27 Ghazi Fabrics International Limited(GFIL)	24.82 ▼ -1.99 (-7.42%)
MACPAC Films / Oct 27 MACPAC Films Limited(MACFL)	49.40 ▼ -3.93 (-7.37%)
JS Rental REIT / Oct 27 JS Rental REIT(JSRR)	10.60 ▼ -0.74 (-6.53%)

Stock	Volume
K-Electric Ltd. / Oct 27 K-Electric Limited(KEL)	54,027,359 ▲ 0.15
Cnergyico PK / Oct 27 Cnergyico PK Limited(CNERGY)	30,699,217 ▲ 0.42
WorldCall Telecom / Oct 27 Worldcall Telecom Limited(WTL)	24,034,153 ▲ 0.08
Tasdeeq Info. Serv. / Oct 27 Tasdeeq Information Services Limited(TISL)	11,043,297 ▲ 0.04
Nishat Chun.Pow. / Oct 27 Nishat Chunian Power Limited(NCPL)	10,949,106 ▲ 3.99
Pakistan Refinery / Oct 27 Pakistan Refinery Limited(PRL)	10,851,871 ▲ 0.38
MACPAC Films / Oct 27 MACPAC Films Limited(MACFL)	9,021,157 ▼ -3.93
Dandot Cement / Oct 27 Dandot Cement Company Limited(DNCC)	8,656,839 ▲ 2.22
Cordoba Logistics / Oct 27 Cordoba Logistics & Ventures Limited(CLVL)	7,996,769 ▲ 0.37
Pace (Pak) Ltd. / Oct 27 Pace (Pakistan) Limited(PACE)	7,355,444 ▼ -0.28

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