USA

Pandemic will not improve over holiday season, Fauci warns

According to Dr. Anthony Fauci, there is little hope of the coronavirus pandemic to improve over the holiday season.

Updated 28 Nov, 2020 04:14pm

USA

8 million Americans have slipped into poverty during the pandemic, new study says

According to a study, 8 million Americans have slipped into poverty amid the coronavirus pandemic, with the African American and Latino community faring the worst.

Updated 28 Nov, 2020 02:43pm

USA

US hospitalized COVID-19 patient number hits record 90,000 ahead of expected case surge

The rate of hospitalizations - now at the highest level since the pandemic began - has pushed some hospitals beyond capacity.
Many health experts and politicians pleaded with Americans to refrain from gathering for their traditional communal Thanksgiving feasts this year.

Published 28 Nov, 2020 12:41am

USA

Most Canadians could get COVID-19 vaccine by Sept if all goes well: PM Trudeau

Canada is in the middle of a second wave of the virus and daily cases regularly hit record highs despite increasing efforts by the 10 provinces to clamp down on businesses and curb gatherings.
"We're in some of the toughest days of this pandemic," said Trudeau, describing the expected arrival of the vaccines as a light at the end of the tunnel.

Published 28 Nov, 2020 12:26am

USA

Brazil's jobless rate hits record 14.6%: government

The latest rate was the highest since that system was introduced in 2012.

Published 27 Nov, 2020 07:57pm

USA

Inching toward exit, Trump says he'll leave if Biden wins Electoral College vote

U.S. President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe Biden, the closest he has come to conceding the Nov. 3 election.

Published 27 Nov, 2020 03:00pm

USA

President-elect Biden's Foreign Policy team reject the "America First" mantra

On Tuesday, President-elect Joe Biden's incoming foreign policy team made it clear that they plan to reject the Trump Administration's "America First" mantra, and instead advocated for rejuvenated multilateralism.

Updated 27 Nov, 2020 01:24pm

USA

Brazil govt deficit shrinks to 3.6bn reais in October, smallest this year

It was the second-largest October shortfall on record behind 2015, but significantly less than the 19.15 billion reais deficit economists in a Reuters poll had forecast.
That is more than 10 times the January-October deficit last year of 63.9 billion reais, the Treasury said.

Published 27 Nov, 2020 12:07am

USA

Biden says Americans 'won't stand' for attempt to derail election result

In a speech on the eve of the Thanksgiving holiday, Biden said in his hometown of Wilmington, Delaware that Americans "have full and fair and free elections, and then we honor the results."

Published 26 Nov, 2020 05:34pm

USA

Over 2,400 US Covid deaths in 24 hours, a six-month high: Johns Hopkins

But one day before Thursday's celebrations, officials and passengers in Los Angeles noted an eerie quiet compared to previous years.

Published 26 Nov, 2020 05:13pm

USA

Americans in holiday rush despite highest COVID-19 death toll in 6 months

Daily US deaths from COVID-19 surpassed 2,000 for the first time since May and hospitalizations reached a record 87,000.
Steep surges in cases typically result in a rising death toll weeks later. Coronavirus deaths reached 2,157 on Tuesday

Published 26 Nov, 2020 12:19am

USA

Brazil treasury issues record $32.6bn debt in October

With the government requiring large amounts to fund its pandemic-fighting emergency support and income transfer programs.
We have always been sure, and now we are even clearer that we have prudential levels of cash.

Published 26 Nov, 2020 12:09am

USA

Biden urged to extend US-Russia arms treaty for full 5 years without conditions

Upon taking office on Jan. 20, Biden faces an immediate decision on whether to extend the 2010 New START pact.
The treaty's demise also would end on-site inspections that the world's two biggest nuclear powers conduct of each other's forces.

Published 26 Nov, 2020 12:04am

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

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

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

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

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

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

USA

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

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

South Asia

Afghanistan could become a "game-changer" for global meth production, according to report

While Afghanistan's opium poppy fields are already a source of the majority of the world's heroin, a new report warns that the country is becoming a significant global producer of methamphetamine.

Updated 24 Nov, 2020 05:30pm

USA

President Trump permits GSA to begin transition process

On Monday, the Administrator of the General Services Administration authorized President-elect Joe Biden to begin a formal transition process, a strong indication that the president’s last-ditch efforts to overturn the results of the election were finally coming to an end.

Updated 24 Nov, 2020 12:53pm

USA

Biden taps Blinken for top diplomat, Kerry as climate envoy

He picked Avril Haines, the former deputy CIA director, as his director of national intelligence, the first woman to ever hold that position.

Published 24 Nov, 2020 01:52am

USA

When key U.S. states have to finalize election tallies

The normally little-noticed process by which individual states certify the results of U.S. elections is receiving extra attention this year as outgoing President Donald Trump tries to overturn President-elect Joe Biden’s victory.

Published 23 Nov, 2020 07:42pm

USA

President-elect Biden expected to select Antony J. Blinken as Secretary of State

Antony J. Blinken, former Deputy Secretary of State during the Obama Administration, is expected to be nominated for the Secretary of State under President-elect Biden's new administration; with other key appointments including U.N. Ambassador and National Security Adviser.

Updated 23 Nov, 2020 12:17pm

USA

Biden to start naming cabinet picks Tuesday as Trump resists

Biden won the state-by-state Electoral College votes that ultimately decide who takes the White House by 306 to 232.

Published 23 Nov, 2020 01:47am

USA

Twitter to hand @POTUS account to Biden on inauguration day

WASHINGTON: Twitter confirmed Saturday it will hand control of the presidential @POTUS account to Joe Biden when he...

Published 22 Nov, 2020 02:52am

USA

World Bank warns G20 against doing too little to tackle debt problems

Malpass said he was pleased by progress made by the Group of 20 major economies on increasing debt transparency and providing debt relief to the poorest countries.
Debt reduction and transparency will enable productive investment, a key to achieving an earlier, stronger and more lasting recovery.

Published 22 Nov, 2020 12:48am

USA

US CDC reports 253,600 deaths from coronavirus

The CDC reported its tally of cases of the respiratory illness known as COVID-19, caused by a new coronavirus.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 22 Nov, 2020 12:38am

Gainers
Losers
Leaders

Stock	Price
Saudi Pak Leas. / Nov 29 Saudi Pak Leasing Company Limited(SPLC)	1.4000 ▲ 0.20 (16.67%)
Chakwal Spinng / Nov 29 Chakwal Spinning Mills Limited(CWSM)	2.2700 ▲ 0.32 (12.31%)
Media Times / Nov 29 Media Times Limited(MDTL)	1.4200 ▲ 0.17 (12.00%)
Ravi Textile / Nov 29 Ravi Textile Mills Limited(RAVT)	6.4900 ▲ 0.59 (10.00%)
First Pak Modaraba / Nov 29 First Pak Modaraba(PAKMI)	1.7500 ▲ 0.15 (9.37%)
Hum Network / Nov 29 Hum Network Limited(HUMNL)	7.0367 ▲ 0.54 (7.69%)
General Tyre / Nov 29 The General Tyre & Rubber(GTYR)	68.5900 ▲ 5.09 (6.77%)
Artistic Den. / Nov 29 Artistic Denim Mills Limited(ADMM)	83.5800 ▲ 5.08 (6.47%)
Buxly / Nov 29 Buxly Paints Limited(BUXL)	64.4100 ▲ 3.90 (6.45%)
Zephyr Tex / Nov 29 Zephyr Textiles Limited(ZTL)	11.0000 ▲ 0.65 (6.28%)

Stock	Price
EFU Life Assur. / Nov 29 EFU Life Assurance Limited(EFUL)	200.0000 ▼ 0.00 (-9.25%)
ZIL Ltd. / Nov 29 ZIL Limited(ZIL)	108.0000 ▼ 2.00 (-1.85%)
Descon Oxy. / Nov 29 Descon Oxychem Limited(DOL)	32.2300 ▼ 0.32 (-0.56%)
Honda Atlas Car / Nov 29 Honda Atlas Cars (Pakistan) Limited(HCAR)	289.9000 ▼ 2.40 (-0.17%)
Sitara Peroxide / Nov 29 Sitara Peroxide Limited(SPL)	22.0000 ▼ 0.00 (0.00%)
Fatima Fert.Co. / Nov 29 Fatima Fertilizer Company Limited(FATIMA)	28.0000 ▼ 0.00 (0.00%)
HBL Inv.Fund / Nov 29 HBL Investment Fund(HIFA)	2.8200 ▼ 0.00 (0.00%)
Mian Textile / Nov 29 Mian Textile Industries Limited(MTIL)	8.1500 ▼ 0.00 (0.00%)
I. C. I. / Nov 29 ICI Pakistan Limited New(ICI)	704.0000 ▼ 4.00 (0.00%)
Fazal Cloth / Nov 29 Fazal Cloth Mills Limited(FZCM)	137.3600 ▼ 0.00 (0.00%)

Stock	Volume
Unity Foods / Nov 29 Unity Foods Limited(UNITY)	25,016,500 ▼ 0.76
TRG Pak. / Nov 29 TRG Pakistan Limited(TRG)	22,762,500 ▼ 4.20
Hum Network / Nov 29 Hum Network Limited(HUMNL)	16,218,500 ▼ 0.54
TPL Corp / Nov 29 TPL Corp Limited(TPL)	12,645,500 ▼ 0.44
K-Electric Ltd / Nov 29 K-Electric Limited(KEL)	11,975,000 ▼ 0.14
Pakistan Refinery / Nov 29 Pakistan Refinery Limited(PRL)	9,053,500 ▼ 0.75
Maple Leaf / Nov 29 Maple Leaf Cement Factory Limited(MLCF)	8,575,447 ▼ 0.65
Hascol Petroleum / Nov 29 Hascol Petroleum Limited(HASCOL)	8,449,878 ▼ 0.55
Worldcall / Nov 29 Worldcall Telecom Limited(WTL)	8,126,500 ▼ 0.07
Fauji Foods / Nov 29 Fauji Foods Limited(FFL)	5,072,500 ▼ 0.65

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Nov 28	159.50
USD PKR Interbank Buying / Nov 28	159.35
USD to Japanese Yen / Nov 28	104.09
USD to Swiss Franc / Nov 28	0.91
Pound Sterling to USD / Nov 28	1.33
Euro to USD / Nov 28	1.20

Stock	Volume
S&P 500 / Nov 28	3638.35
India Sensex / Nov 28	44149.72
Tokyo Nikkei / Nov 28	26644.71
Nasdaq / Nov 28	12205.85
Hang Seng / Nov 28	26894.68
FTSE 100 / Nov 28	6367.58
Dow Jones / Nov 28	29910.37
Germany DAX 30 / Nov 28	13335.68
France CAC40 / Nov 28	5598.18

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Nov 27	20085.60
GDPGROWTH / Nov 27	1.00
Foreign Debt (PKR billions) / Nov 27	17000.00
Average CPI % / Nov 27	11.11
UK LIBOR % / Nov 28	0.08

USA