USA

New US jobless claims slow slightly in latest week

Beyond weekly ups and downs, the trend in total filings should remain downward over coming weeks
Overall, job growth should pick up and labor shortages should ease as near-term constraints -- virus concerns, child-care issues and enhanced unemployment benefits -- diminish

Published 29 Jul, 2021 06:29pm

USA

Blinken says Iran negotiating process cannot go on indefinitely

KUWAIT: US Secretary of State Antony Blinken said on Thursday the negotiating process with Iran to revive a 2015...

Updated 29 Jul, 2021 06:15pm

USA

Huge quake of magnitude 8.2 on Alaska Peninsula triggers tsunami alert

The US Geological Survey (USGS) said the quake, which struck at 10:15 p.m. (0615 GMT Thursday), was at a depth of 35 km

Updated 29 Jul, 2021 04:16pm

USA

Karen Baker, the Pentagon survivor who told the stories of 9/11 victims

Baker was a crisis communications expert at the Pentagon on 9/11 but nothing could prepare her for what she would soon have to do

Updated 29 Jul, 2021 12:05pm

USA

China names 'Wolf Warrior' diplomat as new ambassador in Washington

Beijing-based independent analyst Hua Po described Qin as "one of the backbone members" of the Wolf Warrior movement

Published 29 Jul, 2021 10:22am

USA

US goods trade deficit widens; inventories rise

Goods trade deficit increases 3.5% in June
Wholesale inventories rise 0.8%; retail stocks up 0.3%

Published 28 Jul, 2021 08:08pm

USA

Canada's annual inflation rate slows but remains above Bank of Canada target

Earlier this month, the Bank of Canada said inflation was expected to remain at or above 3% - the top of the bank's 1%-3% control range - through the rest of 2021, easing back to the 2% target by 2022.

Published 28 Jul, 2021 07:22pm

USA

US tells vaccinated people in high Covid risk areas to mask again

Forty-nine percent of the US population is fully vaccinated, but the vaccination rate is heavily skewed towards politically liberal parts of the country

Published 28 Jul, 2021 10:19am

USA

U.S. will not lift travel restrictions, citing Delta variant, White House says

"Given where we are today ... with the Delta variant, we will maintain existing travel restrictions at this point," White House spokeswoman Jen Psaki said on Monday, citing the spread of the Delta variant in the United States and abroad. "Driven by the Delta variant, cases are rising here at home, particularly among those who are unvaccinated and appear likely continue to increase in the weeks ahead."

Published 27 Jul, 2021 02:34am

USA

US new home sales drop for third straight month in June

Sales in June were 6.6 percent lower compared to May's downwardly revised rate

Published 26 Jul, 2021 07:52pm

USA

Biden to welcome weakened Iraq PM amid Iran hostility

Just last week, the IS group claimed a deadly suicide bombing at a Baghdad market that killed 30 people, according to the official toll

Published 26 Jul, 2021 09:43am

USA

Florida: Building collapse recovery nears end

MIAMI: The search for victims of the Florida apartment building collapse a month ago Saturday is drawing to a close,...

Published 26 Jul, 2021 05:21am

USA

First task for Afghan forces is to slow Taliban's momentum: Pentagon chief

Taliban insurgents are gaining control of more and more territory, which the Pentagon estimated on Wednesday now extends to over half of half Afghanistan's district centers

Updated 25 Jul, 2021 11:50am

USA

After six worker deaths at Georgia chicken plant, US issues $1 million in fines

ATLANTA: A North Georgia chicken plant and its associated companies face $1 million in fines and scores of citations...

Published 25 Jul, 2021 05:20am

USA

New US unemployment benefit claims see surprise jump above 400,000

WASHINGTON: New applications for US unemployment benefit saw a surprise uptick last week, the government said...

Updated 22 Jul, 2021 08:48pm

USA

Senate Republicans block infrastructure plan, deal still in reach

But Republicans and Democrats alike expressed optimism that a deal was days away

Published 22 Jul, 2021 10:51am

USA

IMF to keep 2021 global growth forecast at 6%: Georgieva

Says economic recovery will be held back unless the pace of COVID-19 vaccination picks up

Updated 22 Jul, 2021 01:41am

USA

Biden to convene private sector leaders for cybersecurity talks in August

"Today more than ever, cybersecurity is an economic security and national security imperative, and both the federal government and the private sector play a critical role."

Published 21 Jul, 2021 07:49pm

USA

New US homebuilding jumps sharply in June

New construction of single-family homes also jumped 6.3 percent to nearly 1.2 million annualized

Published 20 Jul, 2021 06:51pm

USA

In a first under Biden, detainee transferred out of Guantanamo Bay

Most of the prisoners left at Guantanamo Bay have been held for nearly two decades without being charged or tried

Updated 19 Jul, 2021 04:40pm

USA

US drug overdose deaths surged to record 93,000 in 2020: data

Deaths rose across nearly all states, with the biggest spikes seen in Vermont, Kentucky, South Carolina, West Virginia and California.

Published 14 Jul, 2021 08:40pm

USA

Canada's hot housing market cools as buyers eye post-COVID life

Home sales in Canada fell for the third consecutive month in June and sit 25% percent below March's peak, though they still touched a monthly record, data showed on Thursday.

Published 15 Jul, 2021 08:19pm

USA

US weekly jobless claims fall as expected

Initial claims for state unemployment benefits fell 26,000 to a seasonally adjusted 360,000 for the week ended July 10, the Labor Department said.
Claims have declined from a record 6.149 million in early April 2020.

Published 15 Jul, 2021 05:52pm

USA

US inflation to remain high for months before falling: Fed's Powell

Inflation has surged in recent months, with the annual consumer price index hitting 5.4 percent in June, the highest since August 2008.

Published 14 Jul, 2021 06:30pm

USA

US producer prices see another record climb in June: govt

The Labor Department had yesterday reported the consumer price index rose 5.4 percent in the 12 months ended in June.

Published 14 Jul, 2021 06:26pm

USA

Afghanistan troop pullout a 'mistake': George W. Bush

"Afghan women and girls are going to suffer unspeakable harm. This is a mistake... They're just going to be left behind to be slaughtered by these very brutal people, and it breaks my heart," says Bush

Updated 14 Jul, 2021 04:24pm

USA

US Treasury's Yellen 'pleased' with delay to EU digital levy

"I was pleased with their decision to delay introduction of this," Yellen said.
"We're in the middle of trying to finalize an agreement. Countries have agreed to repeal, with Pillar 1, existing measures, and to avoid introducing future digital taxes that would be discriminatory."

Published 13 Jul, 2021 06:25pm

USA

US annual CPI jumps 5.4% in June, biggest since 2008

Energy prices have also rebounded after sinking in the midst of the pandemic shutdowns, with gasoline surging 45.1 percent over the past year, unadjusted, and 2.5 percent in the month, the report said.

Updated 13 Jul, 2021 06:54pm

USA

Yellen urges EU to back global tax deal, consider more fiscal support

"We need sustainable sources of revenue that do not rely on further taxing workers' wages and exacerbating the economic disparities that we are all committed to reducing," Yellen said.
"We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share."

Published 12 Jul, 2021 06:24pm

USA

30 million people under heat alerts as western US swelters

The weekend's hot weather follows another heat wave that struck the western United States and Canada at the end of June.

Updated 11 Jul, 2021 06:40pm

Gainers
Losers
Leaders

Stock	Price
Sally Tex. / Jul 30 Sally Textile Mills Limited(SLYT)	5.39 ▲ 0.79 (17.17%)
Security Bank / Jul 30 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Ist Paramount / Jul 30 First Paramount Modaraba(FPRM)	8.80 ▲ 1.00 (12.82%)
Tri-Star / Jul 30 Tri-Star Mutual Fund Limited(TSMF)	7.49 ▲ 0.81 (12.13%)
Dewan Farooque Motors / Jul 30 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 30 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Thal LTD / Jul 30 Thal Limited(THALL)	434.16 ▲ 30.28 (7.50%)
Thal Ind. / Jul 30 The Thal Industries Corporation Limited(TICL)	320.68 ▲ 22.37 (7.50%)
Arpak Int. / Jul 30 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
First Tri-Star Mod. / Jul 30 First Tri-Star Modaraba(FTSM)	14.78 ▲ 1.03 (7.49%)

Stock	Price
Image Pakistan / Jul 30 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Trust Mod. / Jul 30 Trust Modaraba(TRSM)	2.72 ▲ -0.33 (-10.82%)
First Fid. Leas. / Jul 30 First Fidelity Leasing Modaraba(FFLM)	3.02 ▲ -0.28 (-8.48%)
Blessed Tex. / Jul 30 Blessed Textiles Limited(BTL)	475.45 ▲ -38.55 (-7.50%)
Gatron Ind. / Jul 30 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 30 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Prosperity / Jul 30 Prosperity Weaving Mills Limited(PRWM)	46.38 ▲ -3.76 (-7.50%)
Khairpur / Jul 30 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Mehran Sugar / Jul 30 Mehran Sugar Mills Limited(MRNS)	53.58 ▲ -4.34 (-7.49%)
Dawood Equities / Jul 30 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)

Stock	Volume
Worldcall / Jul 30 Worldcall Telecom Limited(WTL)	49,369,000 ▼ 0.00
Byco Petroleum / Jul 30 Byco Petroleum Pakistan Limited(BYCO)	46,970,500 ▼ 0.00
Unity Foods / Jul 30 Unity Foods Limited(UNITY)	16,065,452 ▼ 0.00
Fauji Fert. Bin / Jul 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	10,222,000 ▼ 0.00
Hum Network / Jul 30 Hum Network Limited(HUMNL)	10,015,500 ▼ 0.00
Aisha Steel / Jul 30 Aisha Steel Mills Limited(ASL)	9,649,500 ▼ 0.00
Silkbank / Jul 30 Silkbank Limited(SILK)	9,425,000 ▼ 0.00
Hascol Petroleum / Jul 30 Hascol Petroleum Limited(HASCOL)	9,171,860 ▼ 0.00
TPL Corp / Jul 30 TPL Corp Limited(TPL)	8,869,500 ▼ 0.00
P.T.C.L.A / Jul 30 Pakistan Telecommunication Company Ltd(PTC)	8,636,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

USA