News Archives for Print - 2020-07-20

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Print - 2020-07-20

USA

Portland mayor wants federal agents out of restive US city

WASHINGTON: The mayor of Portland demanded the withdrawal of federal officers from the northwestern US city, ...

Published 20 Jul, 2020 02:33am

Dozens detained as German 'corona party' turns into riot

FRANKFURT AM MAIN: Thirty-nine people were detained after police were attacked with "a hail of bottles" at an...

Published 20 Jul, 2020 02:33am

Europe

UK 'confident' Moscow helped hackers target virus vaccine

LONDON: British Foreign Secretary Dominic Raab said on Sunday he was "absolutely confident" in allegations by the UK...

Published 20 Jul, 2020 02:33am

USA

Twitter removes Trump retweet video after Linkin Park complain

LOS ANGELES: Twitter has taken down a campaign-style video retweeted by President Donald Trump after rock group...

Published 20 Jul, 2020 02:33am

First Italy trial over 'migrant pushback' to Libya

ROME: The captain of an Italian-flagged ship is to be tried for allegedly forcing migrants back to Libya, in the...

Published 20 Jul, 2020 02:33am

USA

Trump calls Biden 'not competent' to lead the country

WASHINGTON: President Donald Trump assailed likely opponent Joe Biden as "not competent" to lead the country,...

Published 20 Jul, 2020 02:33am

Currency

Kuwait ruler had successful surgery

KUWAIT: Kuwait's 91-year-old ruler Emir Sheikh Sabah al-Ahmad al-Sabah underwent successful surgery on Sunday...

Published 20 Jul, 2020 02:33am

Syrians vote for new assembly

DAMASCUS: Syrians voted Sunday for a new parliament as the Damascus government grapples with international sanctions...

Published 20 Jul, 2020 02:33am

German states appeal to US Congress not to withdraw troops

BERLIN: The premiers of four German states have appealed to members of the US Congress to block plans to withdraw US...

Published 20 Jul, 2020 02:33am

UK says China committing 'gross' abuses against Uighurs

LONDON: Britain on Sunday accused Beijing of "gross, egregious human rights abuses" over its "deeply troubling"...

Published 20 Jul, 2020 02:33am

China says it will respond resolutely if UK sanctions officials

LONDON: China will respond resolutely to any attempt by Britain to sanction Chinese officials following the...

Published 20 Jul, 2020 02:33am

All-female crew embarks on Black Sea patrol in first for Russian Navy

SEVASTOPOL: In a first for the Russian Navy, an all-female navy crew carried out patrols on the Black Sea on Friday...

Published 20 Jul, 2020 02:33am

Europe

Man questioned in arson probe into French cathedral fire

NANTES: French investigators questioned a man Sunday who worked as a volunteer at the gothic cathedral of Nantes...

Published 20 Jul, 2020 02:33am

USA

US, China trade barbs as South China Sea rift deepens

YANGON: China's embassy in Myanmar on Sunday accused the United States of "outrageously smearing" the country and...

Published 20 Jul, 2020 02:33am

No local transmission in Cuba for first time in four months

HAVANA: Cuba for the first time in 130 days on Sunday said there were no new domestic cases of Covid-19 as most of...

Published 20 Jul, 2020 02:33am

Iranian health officials play down president's figure of 25m people infected

TEHRAN: Iranian health officials sought on Sunday to play down the president's estimate that some 25 million people...

Published 20 Jul, 2020 02:33am

France introduces fine for failure to wear mask

PARIS: People in France will risk a fine of 135 euros ($154) starting Monday for failure to comply with a new decree...

Published 20 Jul, 2020 02:33am

Covid-19 pandemic contained through timely decisions: Zafar

ISLAMABAD: Special Assistant to the Prime Minister on Health, Dr Zafar Mirza has said the government is committed to...

Updated 20 Jul, 2020 03:03am

'All research reports must be available on Ministry's website'

ISLAMABAD: Secretary Planning, Mathar Niaz Rana chaired a meeting of senior officers of the Ministry to discuss...

Published 20 Jul, 2020 02:33am

Time for Kashmir's accession to Pakistan not far away: President

ISLAMABAD: President Dr Arif Alvi Sunday said that the time was not far away when the sacrifices of the people of ...

Updated 20 Jul, 2020 03:03am

Stocks

Futures spread up by 3324bps

KARACHI: The futures spread increased by 3324bps to 8.07 percent on the last day of the outgoing week. Trading...

Published 20 Jul, 2020 02:33am

Exchange

Bullish trend witnessed

KARACHI: Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended July 17, 2020 on the back of...

Published 20 Jul, 2020 02:33am

Eve of Eid-ul-Azha: Violation of SOPs will not be tolerated: Buzdar

LAHORE: Chief Minister Punjab Sardar Usman Buzdar has said that violation of SOPs on the eve of Eid-ul-Azha will not...

Updated 20 Jul, 2020 03:03am

Electricity bill relief: Taxpayers required to obtain 'certificate' from Commissioner IR: LHC

ISLAMABAD: Lahore High Court has held that taxpayers registered with the sales tax department as exporters or...

Updated 20 Jul, 2020 03:06am

Punjab minister Asad resigns

LAHORE: Malik Asad Ali Khokhar on Sunday resigned as Punjab Minister for Wildlife and Fisheries, sources said. Asad...

Published 20 Jul, 2020 02:33am

Letters

10 billion trees

LETTER: This is apropos a Business Recorder news item "10bn trees: PM urges people to help govt achieve target"...

Published 20 Jul, 2020 02:33am

How hot could US-China 'Cold War' get?

ARTICLE: Tensions are mounting by the day between the United States and China, leading to talk of a new Cold War....

Published 20 Jul, 2020 02:33am

An overdue smile

ARTICLE: Negative sells. Panic increases media traffic. Sensation creates audience. Bad fascinates. Fear glues ...

Published 20 Jul, 2020 02:33am

Exchange

Pandemic and inflation

ARTICLE: Aggregate demand must be curtailed to contain the rate of inflation, a theory fully supported by the...

Published 20 Jul, 2020 02:33am

Sindh sees 889 new Covid-19 cases, 19 deaths: CM

KARACHI: As many as 889 new Covid-19 cases emerged out of 7,977 tested samples raising the tally to 113,007 while 19...

Updated 20 Jul, 2020 03:03am

Cotton & Textile

Weekly Cotton Review: Prices remain stable

KARACHI: The prices of cotton remained stable while the increasing trend witnessed in the phutti supply. Rains are...

Published 20 Jul, 2020 02:33am

Asia

Rare daytime rocket attack hits Baghdad as Iranian FM visits

BAGHDAD: A rare daytime rocket attack hit Baghdad's Green Zone on Sunday, security sources said, as Iranian Foreign...

Published 20 Jul, 2020 02:33am

Asia

Explosion hits Iran power plant

TEHRAN: An explosion hit a power plant in the central Iranian province of Isfahan Sunday, state news agency IRNA...

Published 20 Jul, 2020 02:33am

Asia

Erdogan visits Hagia Sofia after reconversion to mosque

ISTANBUL: Turkish President Recep Tayyip Erdogan paid a surprise visit to Hagia Sofia on Sunday just days before the...

Published 20 Jul, 2020 02:33am

China

Beijing to lower Covid-19 response

BEIJING: Beijing will lower the emergency response level of the coronavirus outbreak in the Chinese capital to Level...

Published 20 Jul, 2020 02:33am

Energy

High losses areas: Load-management being carried out: MoPD

ISLAMABAD: The Spokesman Ministry of Power Division has clarified that load-management was carried out only on the...

Published 20 Jul, 2020 02:33am

UN must pursue its own resolutions on Kashmir: Afridi

ISLAMABAD: Chairman Pakistan Parliament's Special Committee on Kashmir Shehryar Khan Afridi has strongly condemned...

Updated 20 Jul, 2020 03:03am

Energy

300MW Balakot Hydro Power Project: KP to start work with ADB assistance

PESHAWAR: The Khyber Pakhtunkhwa government will start construction work on 300 megawatts Balakot Hydro Power ...

Published 20 Jul, 2020 02:33am

Balochistan government mulls revising master plan of Quetta

ISLAMABAD: Balochistan government was planning to revise the master plan of Quetta to channelise its present as well...

Published 20 Jul, 2020 02:33am

Eidul Azha moon: Committee to meet tomorrow

ISLAMABAD: A meeting of Central Ruet-e-Hilal Committee, chaired by Mufti Munib-ur-Rehman, would be held in Karachi ...

Updated 20 Jul, 2020 03:03am

Sexual assault: Three accused arrested

KARACHI: Three accused, who had sexually assaulted a teenage boy for the last six months in Skardu-Baltistan and...

Published 20 Jul, 2020 02:33am

Opposition slams dual nationality holder advisors, ministers

ISLAMABAD: The opposition parties on Sunday criticised the Pakistan Tehreek-e-Insaf (PTI)-led federal government,...

Published 20 Jul, 2020 02:33am

Stocks

Latam FX to stay vulnerable, amid worsening fiscal and virus fears

BUENOS AIRES: Latin American currencies are heading into the second half of the year vulnerable to further...

Published 20 Jul, 2020 02:33am

Stocks

Dubai real estate fund considers de-listing amid sector downturn

DUBAI: Emirates REIT, a Dubai-based Shariah-compliant real estate investment trust, said on Sunday it was ...

Published 20 Jul, 2020 02:33am

Stocks

Egyptian shares fall amid fears of intervention in Libya

DUBAI: Shares fell in Egypt on Sunday after fears of Egyptian intervention in Libya's civil war increased, and Gulf...

Published 20 Jul, 2020 02:33am

Stocks

China to sell 15 billion yuan in offshore bonds this year

SHANGHAI: China's Ministry of Finance said on Friday it will sell a total of 15 billion yuan ($2.1 billion) worth of...

Published 20 Jul, 2020 02:33am

Stocks

UK firms rethink FX hedging as coronavirus and Brexit fog outlook

LONDON: Coronavirus and the end-2020 Brexit deadline have left UK firms facing historic uncertainties, prompting ...

Published 20 Jul, 2020 02:33am

Stocks

Emerging market inflows increase 9-fold

NEW YORK: Portfolio inflows to emerging markets jumped to $32.1 billion in June from $3.5 billion in May, the bulk ...

Published 20 Jul, 2020 02:33am

Stocks

Wall Street week ahead: Fund managers navigate 'Night of the Living Dead' in small caps

NEW YORK: Investors are searching for bargains in the world of US small-caps, as the beaten-down asset class ...

Published 20 Jul, 2020 02:33am

Energy

Nigeria's revenues rise in June

ABUJA: Nigeria's gross revenues rose to 653.35 billion naira ($1.7 billion) in June from 517.8 billion naira in May...

Published 20 Jul, 2020 02:33am

UK asks Japan for Huawei alternatives in 5G networks

TOKYO: The British government asked Japan to help build its 5G wireless networks without Huawei Technologies, the...

Published 20 Jul, 2020 02:33am

Energy

Israel approves pipeline deal to sell gas to Europe

OCCUPIED JERUSALEM: The Israeli government on Sunday approved an agreement with European countries for the...

Published 20 Jul, 2020 02:33am

Fake degrees: SMIU constitutes inquiry body

KARACHI: Sindh Madressatul Islam University has formed an inquiry committee against the alleged fake degrees of...

Published 20 Jul, 2020 02:33am

Traffic pressure: Mayor directs deployment of city wardens

KARACHI: Mayor Karachi Waseem Akhtar has said that city wardens should be deployed on intersections and other places...

Updated 20 Jul, 2020 03:03am

Essential kitchen items become dearer ahead of Eidul Azha

PESHAWAR: Prices of all essential kitchen items have been increased significantly ahead of Eidul Azha, reveals a...

Updated 20 Jul, 2020 03:03am

'No increase approved in price of essential drugs'

ISLAMABAD: The Spokesperson of Ministry of National Health Services has said that Drug Pricing Policy 2018 granted...

Published 20 Jul, 2020 02:33am

Exchange

Public policymaking bodies: 'Jobs should be created for social scientists'

LAHORE: The GCU Vice Chancellor Prof Dr Asghar Zaidi has said that interdisciplinary approach is necessary for the...

Published 20 Jul, 2020 02:33am

Exchange

Chinese ZMG donates masks to commissioner

KARACHI: Zhangjiajie Municipal Government (ZMG) China government has donated 20,000 medical surgical masks to the...

Updated 20 Jul, 2020 03:03am

Railways' deficit widens to Rs 45 billion

ISLAMABAD: Pakistan Railways' (PR) deficit widened to around Rs 45 billion in FY 2019-20 compared to Rs 33 billion ...

Published 20 Jul, 2020 02:33am

Quiet Women: A unique celebration of poetry and art

KARACHI: Lahore based poet, editor and columnist, Afshan Shafi launched her first full length poetry collection,...

Published 20 Jul, 2020 02:33am

Exchange

Covid-19, ban on flights: PIA losses projected at Rs17bn per month

ISLAMABAD: The operational and revenue losses of Pakistan International Airlines (PIA) are around Rs 17 billion a...

Published 20 Jul, 2020 02:33am

Aaj TV - Monday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Published 20 Jul, 2020 02:33am

Currency

Your rupee last quarter

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last quarter. (April 2 to...

Published 20 Jul, 2020 02:33am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2019)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 20 Jul, 2020 02:33am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (July 13 to 17,...

Published 20 Jul, 2020 02:33am

The Weather

KARACHI: The weather report on Sunday (July 19, 2020) and the forecast for Monday (July 20, 2020)....

Published 20 Jul, 2020 02:33am

PSM 'disposed of' plan hits a major snag?

ISLAMABAD: The government's Pakistan Steel Mills (PSM) "disposed off" plan appears to be in the doldrums after ...

Updated 20 Jul, 2020 02:57am

Zhob-Kuchlak western route: Bidding process underway: CPEC Chairman

ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting Lt-Gen Asim Saleem Bajwa (retd) on...

Updated 20 Jul, 2020 02:57am

Youm-e-Ilhaq-e-Pakistan observed: PM reiterates unwavering support to Kashmiris

ISLAMABAD: Prime Minister Imran Khan, on the occasion of Youm-e-Ilhaq-e-Pakistan, said the Kashmiris' right of...

Updated 20 Jul, 2020 02:57am

Appointment of CCP chairperson illegal?

ISLAMABAD: The appointment of Competition Commission of Pakistan (CCP) chairperson Rahat Kunain Hassan is said to be...

Published 20 Jul, 2020 02:33am

Moeed denies dual citizenship allegations

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) for National Security and Strategic Policy Planning Dr...

Updated 20 Jul, 2020 02:57am

EU recovery fund plan hangs in balance

BRUSSELS: A European Union plan to breathe life into economies throttled by the coronavirus pandemic hung in the...

Updated 20 Jul, 2020 02:57am

UAE set to launch mission to Mars

DUBAI: The United Arab Emirates launches its first mission to Mars early on Monday as it strives to develop its...

Updated 20 Jul, 2020 02:57am

Trump digs in on crackdown against Portland protesters

WASHINGTON: US President Donald Trump condemned protests in Portland, Oregon, and violence in "Democrat-run" cities...

Updated 20 Jul, 2020 03:06am

Kulbhushan: India in a vexing predicament

EDITORIAL: The case of Indian intelligence agency, RAW, operative Kulbhushan Jadhav who is under death sentence for...

Published 20 Jul, 2020 02:33am

IMF pre-second tranche release conditions

EDITORIAL: Senior officials of the Ministry of Finance in an interaction with select beat reporters revealed that ...

Published 20 Jul, 2020 02:33am

Money & Banking

Asian bonds see highest foreign buying in a year in June

SINGAPORE: Asian bonds recorded their biggest foreign inflows in a year in June as a surge in global liquidity...

Published 20 Jul, 2020 02:33am

Currency

Japan puts central bank digital currencies on policy roadmap

TOKYO: Japan will look closer into whether to issue central bank digital currencies (CBDCs), the government said in...

Published 20 Jul, 2020 02:33am

Money & Banking

China to keep benchmark lending rate unchanged for 3rd straight month in July

SHANGHAI: China is expected to keep its benchmark lending rate steady for the third straight month at its July ...

Published 20 Jul, 2020 02:33am

Exchange

China to connect interbank and exchange bond markets

BEIJING: China will connect its interbank and exchange bond markets, the People's Bank of China said on Sunday, a...

Published 20 Jul, 2020 02:33am

Kuwait scrambles to boost coffers with up to $16bn debt plan

KUWAIT: Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by...

Published 20 Jul, 2020 02:33am

Saudi Real Estate Refinance Co signs 3bn riyals deal with pension agency

RIYADH: Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of US mortgage finance business Fannie Mae, said...

Updated 20 Jul, 2020 02:58am

Industry

TikTok considers London and other locations for headquarters

LONDON: TikTok has been in discussions with the UK government over the past few months to locate its headquarters in...

Published 20 Jul, 2020 02:33am

Battle heats up between French insurers, virus-hit businesses

Industry

He said dual nationals could be appointed as advisers and special assistants according to the Constitution of Pakistan.

Published 20 Jul, 2020 12:08am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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