AIRLINK 183.80 Decreased By ▼ -0.06 (-0.03%)
BOP 12.00 Increased By ▲ 0.18 (1.52%)
CNERGY 7.51 Decreased By ▼ -0.01 (-0.13%)
FCCL 48.45 Increased By ▲ 2.07 (4.46%)
FFL 16.19 Increased By ▲ 0.04 (0.25%)
FLYNG 28.41 Increased By ▲ 0.63 (2.27%)
HUBC 139.45 Increased By ▲ 4.36 (3.23%)
HUMNL 13.10 Increased By ▲ 0.04 (0.31%)
KEL 4.65 Increased By ▲ 0.03 (0.65%)
KOSM 6.28 Increased By ▲ 0.08 (1.29%)
MLCF 60.50 Increased By ▲ 1.33 (2.25%)
OGDC 222.35 Decreased By ▼ -0.71 (-0.32%)
PACE 6.01 Increased By ▲ 0.22 (3.8%)
PAEL 44.62 Decreased By ▼ -0.33 (-0.73%)
PIAHCLA 17.90 Increased By ▲ 0.24 (1.36%)
PIBTL 10.68 Increased By ▲ 0.02 (0.19%)
POWER 11.81 Increased By ▲ 0.08 (0.68%)
PPL 186.79 Decreased By ▼ -0.26 (-0.14%)
PRL 36.35 Increased By ▲ 0.08 (0.22%)
PTC 24.64 Decreased By ▼ -0.13 (-0.52%)
SEARL 101.50 Increased By ▲ 0.55 (0.54%)
SILK 1.15 Decreased By ▼ -0.02 (-1.71%)
SSGC 36.60 Decreased By ▼ -0.36 (-0.97%)
SYM 15.78 Increased By ▲ 0.09 (0.57%)
TELE 8.00 Increased By ▲ 0.12 (1.52%)
TPLP 11.32 Increased By ▲ 0.49 (4.52%)
TRG 70.59 Increased By ▲ 3.97 (5.96%)
WAVESAPP 10.88 Increased By ▲ 0.06 (0.55%)
WTL 1.35 Increased By ▲ 0.02 (1.5%)
YOUW 3.77 Decreased By ▼ -0.04 (-1.05%)
AIRLINK 183.80 Decreased By ▼ -0.06 (-0.03%)
BOP 12.00 Increased By ▲ 0.18 (1.52%)
CNERGY 7.51 Decreased By ▼ -0.01 (-0.13%)
FCCL 48.45 Increased By ▲ 2.07 (4.46%)
FFL 16.19 Increased By ▲ 0.04 (0.25%)
FLYNG 28.41 Increased By ▲ 0.63 (2.27%)
HUBC 139.45 Increased By ▲ 4.36 (3.23%)
HUMNL 13.10 Increased By ▲ 0.04 (0.31%)
KEL 4.65 Increased By ▲ 0.03 (0.65%)
KOSM 6.28 Increased By ▲ 0.08 (1.29%)
MLCF 60.50 Increased By ▲ 1.33 (2.25%)
OGDC 222.35 Decreased By ▼ -0.71 (-0.32%)
PACE 6.01 Increased By ▲ 0.22 (3.8%)
PAEL 44.62 Decreased By ▼ -0.33 (-0.73%)
PIAHCLA 17.90 Increased By ▲ 0.24 (1.36%)
PIBTL 10.68 Increased By ▲ 0.02 (0.19%)
POWER 11.81 Increased By ▲ 0.08 (0.68%)
PPL 186.79 Decreased By ▼ -0.26 (-0.14%)
PRL 36.35 Increased By ▲ 0.08 (0.22%)
PTC 24.64 Decreased By ▼ -0.13 (-0.52%)
SEARL 101.50 Increased By ▲ 0.55 (0.54%)
SILK 1.15 Decreased By ▼ -0.02 (-1.71%)
SSGC 36.60 Decreased By ▼ -0.36 (-0.97%)
SYM 15.78 Increased By ▲ 0.09 (0.57%)
TELE 8.00 Increased By ▲ 0.12 (1.52%)
TPLP 11.32 Increased By ▲ 0.49 (4.52%)
TRG 70.59 Increased By ▲ 3.97 (5.96%)
WAVESAPP 10.88 Increased By ▲ 0.06 (0.55%)
WTL 1.35 Increased By ▲ 0.02 (1.5%)
YOUW 3.77 Decreased By ▼ -0.04 (-1.05%)
BR100 12,513 Increased By 54.7 (0.44%)
BR30 38,732 Increased By 425.7 (1.11%)
KSE100 117,561 Increased By 560.2 (0.48%)
KSE30 36,331 Increased By 197.2 (0.55%)

WASHINGTON: The US Treasury on Wednesday said it had extended by seven days the November 27 deadline given to the Chinese owner of TikTok to sell the popular social media platform's American business.

"The Committee on Foreign Investment in the United States (CFIUS) has granted ByteDance a one-week extension, from November 27, 2020 to December 4, 2020 to allow time to review a revised submission that the Committee recently received," a Treasury spokesperson said.

President Donald Trump's administration has expressed national security concerns over the app, claiming it could be used for Chinese espionage and threatening to ban it.

The ban has been challenged in courts, including a case in Washington and a separate filing by the app's "creators" in a Pennsylvania court, which blocked the ban on October 30, though the government is appealing that order.

Comments

Comments are closed.