News Archives for World - 2023-07-25

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South Asia

IMF raises India’s growth forecast to 6.1% for fiscal year 2024

BENGALURU: The International Monetary Fund (IMF) on Tuesday raised its growth forecast for India slightly, expecting...

Published 25 Jul, 2023 08:33pm

Commodities

IMF: India’s rice restrictions could fuel food price inflation

WASHINGTON: India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and...

Published 25 Jul, 2023 08:16pm

USA

IMF nudges up 2023 economic outlook but warns of slowing global growth ahead

Global growth forecast for this year raised by 0.2 percentage points from the IMF's last forecast in April, putting the world economy on track for 3% growth in both 2023 and 2024

Updated 25 Jul, 2023 09:51pm

USA

US on ‘very narrow path’ to avoid recession: IMF chief economist

WASHINGTON: The US economy is on a “very narrow path” to avoiding a recession, the International Monetary Fund’s...

Published 25 Jul, 2023 06:36pm

South Asia

China appoints Pan Gongsheng as new central bank governor

BEIJING: China has appointed Pan Gongsheng, known for being a firefighting technocrat, as new governor of the...

Published 25 Jul, 2023 05:42pm

Europe

Kremlin accuses West of trying to sabotage its showcase Russia-Africa summit

MOSCOW: The Kremlin on Tuesday accused the West, and in particular the United States, of trying to sabotage its...

Published 25 Jul, 2023 05:34pm

Europe

Germany, France oppose extending Ukraine grain curbs

BRUSSELS: EU heavyweights Germany and France on Tuesday opposed a push to extend restrictions on sales of Ukrainian...

Published 25 Jul, 2023 05:16pm

South Asia

China replaces foreign minister Qin with Wang Yi after weeks of speculation

BEIJING: China removed Foreign Minister Qin Gang from his post on Tuesday after a one-month absence from public...

Updated 25 Jul, 2023 07:12pm

Europe

UK PM, Zelenskiy agree on need for Ukraine to be able to export grain

LONDON: British Prime Minister Rishi Sunak and Ukraine’s President Volodymyr Zelenskiy agreed on Tuesday on the...

Published 25 Jul, 2023 03:01pm

Europe

Storms kill two in northern Italy, Palermo airport reopens after fire

MILAN: Palermo’s airport reopened on Tuesday after wildfires in Sicily forced its closure for a few hours as extreme...

Published 25 Jul, 2023 02:59pm

Stocks

Most Gulf markets gain on oil, corporate earnings

Most major stock markets in the Gulf rose in early trade on Tuesday in response to higher oil prices and strong...

Published 25 Jul, 2023 01:50pm

Middle East

Three Palestinians killed by Israel troops: Palestinian ministry

NABLUS: Israeli troops killed three Palestinians in the occupied West Bank city of Nablus on Tuesday, the...

Published 25 Jul, 2023 11:52am

Africa

Death toll rises to 37 in Cameroon building collapse

YAOUNDÉ: The death toll from a building collapse in Cameroon’s business hub Douala rose to 37 on Monday, as...

Published 25 Jul, 2023 11:44am

Europe

Mines found at Ukraine’s Zaporizhzhia nuclear plant: UN watchdog

VIENNA: The UN’s atomic watchdog said it saw anti-personnel mines at the site of Ukraine’s Zaporizhzhia nuclear...

Published 25 Jul, 2023 11:39am

Europe

Europe, US heatwaves ‘virtually impossible’ without climate change

PARIS: Blistering heat that has baked swathes of North America and Europe this month would have been “virtually...

Published 25 Jul, 2023 11:28am

South Asia

Thousands of Afghan salons to close as Taliban deadline bites

KABUL: Thousands of beauty parlours across Afghanistan were due to close permanently Tuesday following an order by...

Published 25 Jul, 2023 11:21am

Europe

Macron urges N. Caledonia to build future after ‘no’ independence vote

NOUMEA: President Emmanuel Macron urged “compatriots” in New Caledonia to forge a common future Tuesday during a...

Published 25 Jul, 2023 11:14am

World

The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter name

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and...

Published 25 Jul, 2023 10:54am

Europe

Russia launches sixth air attack on Kyiv in July

Russia launched its sixth air attack this month on Kyiv early on Tuesday, the military administration of the...

Published 25 Jul, 2023 10:48am

Financial

S&P lowers Bangladesh’s outlook to negative from stable

S&P Global Ratings on Tuesday lowered Bangladesh’s outlook to negative from stable, citing risks its external...

Published 25 Jul, 2023 10:13am

World

George Alagiah dies

LONDON: George Alagiah, the BBC newsreader recognisable to millions worldwide who reported on many of the most...

Published 25 Jul, 2023 06:20am

Asia

Indonesia budgets $532.4m for additional rice for the poor

JAKARTA: Indonesia has increased its social welfare budget by 8 trillion rupiah ($532.41 million) to distribute more...

Published 25 Jul, 2023 06:20am

World

11 dead after gym roof collapse in China

BEIJING: Eleven people died after the roof of a school gym collapsed in northeastern China, state media reported...

Published 25 Jul, 2023 06:20am

World

Israel MPs approve key judicial reform clause as protests flare

JERUSALEM: Israel’s hard-right government on Monday pushed through parliament a key clause of its controversial...

Published 25 Jul, 2023 06:20am

World

US State Dept has not had substantive communication with North Korea since US soldier crossed border

WASHINGTON: The US State Department has not had any substantive communication with North Korea since US soldier...

Published 25 Jul, 2023 12:32am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

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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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