News Archives for Print - 2020-08-15

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Print - 2020-08-15

PIAF celebrates Independence Day

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) Friday celebrated Pakistan's 73rd Independence...

Published 15 Aug, 2020 02:41am

PSP for 'new socio-political order' to address country's problems

KARACHI: Pakistan Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Friday underscored the need of a 'new...

Published 15 Aug, 2020 02:41am

KP celebrates Independence Day with zeal, fervour

PESHAWAR: Like other parts of the country 74th Independence Day of Pakistan was also celebrated with national...

Published 15 Aug, 2020 02:41am

Ministers vow to turn Pakistan into true welfare state

LAHORE: Senior Minister Punjab Abdul Aleem Khan and Agriculture Minister Punjab Malik Nauman Ahmad Langrial...

Published 15 Aug, 2020 02:41am

Sitara-e-Shujaat: Naveed becomes first-ever ISI officer to be honoured

ISLAMABAD: Muhammad Naveed Sadiq has become the first ever Inter-Services Intelligence (ISI) officer to be honoured...

Published 15 Aug, 2020 02:41am

China to supply potential coronavirus vaccine: WSJ

KARACHI: China will supply a coronavirus vaccine candidate developed by a unit of the China National Pharmaceutical...

Published 15 Aug, 2020 02:41am

Letters

'When Maryam Nawaz went to NAB'

LETTER: This is apropos a Business Recorder editorial "When Maryam Nawaz went to NAB" carried by the newspaper...

Published 15 Aug, 2020 02:41am

A faltering US-China trade deal is now the nations' strongest link

ARTICLE: Top US and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on...

Published 15 Aug, 2020 02:41am

Currency

Gold rush at Turkish bazaar a test of trust for lowly lira

ARTICLE: Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's...

Published 15 Aug, 2020 02:41am

Imports - Jamais Vu

ARTICLE: Fine, the title has nothing much to do with anything hereunder; unfortunately, imports should have been the...

Published 15 Aug, 2020 02:41am

Culture of licences, permits & NOCs

ARTICLE: In these times when countries around the globe are competing to excel in economic growth, perhaps, none of...

Published 15 Aug, 2020 02:41am

StanChart Pakistan contributes to Covid-19 relief projects in Pakistan

KARACHI: Standard Chartered, in partnership with Sightsavers International, the Bank's Seeing is Believing programme...

Published 15 Aug, 2020 02:41am

'India always tries to exploit our economic weaknesses'

KARACHI: Hamdard Pakistan HR Manager, Faizan Butt, has said India has always tried to exploit our economic...

Updated 15 Aug, 2020 03:03am

China congratulates Pakistani nation on Independence Day

BEIJING: A Chinese foreign ministry's spokesperson on Friday congratulated Pakistani nation on the 74th Independence...

Updated 15 Aug, 2020 03:03am

Meezan Bank celebrates Independence Day

KARACHI: Meezan Bank, Pakistan's first and largest Islamic bank, celebrated Independence Day, marking 73 years of ...

Updated 15 Aug, 2020 03:05am

PNSC holds tree plantation event, flag-hoisting ceremony

KARACHI: Pakistan 73rd Independence Day was celebrated in Pakistan National Shipping Corporation (PNSC). The...

Updated 15 Aug, 2020 03:06am

Change of Guard ceremony held at Mazar-e-Quaid

KARACHI: An inspiring Change of Guard ceremony was held at mausoleum of Quaid-e-Azam Muhammad Ali Jinnah celebrating...

Updated 15 Aug, 2020 03:07am

NTDC and Wapda celebrate Independence Day

LAHORE: National Transmission and Despatch Company (NTDC) celebrated 73rd Independence Day of Pakistan at NTDC...

Updated 15 Aug, 2020 03:11am

Educational institutions celebrate Independence Day with zeal

LAHORE: Like other segments of the society, the educational institutions of Lahore on Friday celebrated the 73rd...

Updated 15 Aug, 2020 03:11am

Separate homeland created to preserve Muslim heritage, culture: Shibli

ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz said on Friday that Pakistan was achieved...

Published 15 Aug, 2020 02:41am

Nestlé announces N4HK Essay contest winners

LAHORE: Nestlé Pakistan announced the winners of the Nestlé for Healthier Kids (N4HK) essay competition, a first ...

Updated 15 Aug, 2020 03:11am

Partly Facetious: What was the funniest part of PM's speech?

ARTICLE: "As I keep saying imitation is the best form of flattery." "Ha, ha, indeed, I was hoping that The Khan,...

Published 15 Aug, 2020 02:41am

Cotton & Textile

Cotton futures move up

NEW YORK: ICE cotton futures rose on Friday, setting eyes on a weekly gain, as dry and hot weather in top cotton...

Published 15 Aug, 2020 02:41am

Michael Jordan's sneakers sell for $615,000, new record

NEW YORK: A pair of Michael Jordan's game-worn sneakers sold for $615,000, Christie's auction house said Thursday,...

Published 15 Aug, 2020 02:41am

Europe

EU approves Belarus sanctions, debates Turkey crisis

BRUSSELS: European Union ministers agreed Friday to draw up a list of targets in Belarus for a new round of ...

Updated 15 Aug, 2020 03:08am

Turkey hits out at France as EU ministers meet on Med crisis

ISTANBUL: Turkey accused France on Friday of acting like a bully and stepped up its own charm offensive as EU ...

Updated 15 Aug, 2020 03:08am

Europe

Hard-hit countries step up virus measures as cases mount

LONDON: Countries among the hardest hit by the coronavirus unveiled further control measures Friday to battle rising...

Published 15 Aug, 2020 02:41am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 15 Aug, 2020 02:41am

Commodities

Gold set for worst week since March

LONDON: Gold fell on Friday in European trade, on track to post its worst week since March, as an uptick in US...

Published 15 Aug, 2020 02:41am

Commodities

Palm oil logs 2.5 percent weekly fall

KUALA LUMPUR: Malaysian palm oil futures fell 2.5% for the week after a volatile session on Friday, closing lower on...

Published 15 Aug, 2020 02:41am

Grains

Raw sugar sets 5-month peak

LONDON: Raw sugar futures on ICE rose to a five-month high on Friday, driven by fund buying against a backdrop of...

Published 15 Aug, 2020 02:41am

Energy

China's July refinery output hits new monthly peak

SINGAPORE: China's refinery output jumped 12% in July from the same month a year earlier, hitting the highest on...

Published 15 Aug, 2020 02:41am

Commodities

Copper gains on China data

LONDON: Copper rose on Friday as industrial data from top consumer China pointed to a steady economic recovery,...

Published 15 Aug, 2020 02:41am

Energy

Oil prices inch lower

NEW YORK: Oil prices edged lower on Friday on worries that demand would recover more slowly than expected from...

Published 15 Aug, 2020 02:41am

Tariq Haleem elected PSCGL president

KARACHI: Presidential candidate Tariq Haleem has won the elections of Pakistan Stevedores Conference Guarantee...

Updated 15 Aug, 2020 03:13am

Atrocities in IOK, Covid-19: Independence Day celebrated with simplicity: Murad

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the 73rd Independence Day is being celebrated with...

Published 15 Aug, 2020 02:41am

SSGC celebrates Independence Day with zeal

KARACHI: SSGC celebrated Pakistan's 74th Independence Day with traditional fervour and enthusiasm. A flag hoisting...

Published 15 Aug, 2020 02:41am

Mayor pays rich tribute to Quaid-e-Azam

KARACHI: Mayor Karachi Wasim Akhtar on Friday said that Muslims of sub-continent got separate homeland after ...

Published 15 Aug, 2020 02:41am

KU celebrates Independence Day with fervor

KARACHI: Freedom is a blessing that was obtained after huge sacrifices. Now we should value it. The zeal amongst the...

Published 15 Aug, 2020 02:41am

Climate change: WWF-Pakistan for joint efforts to mitigate destructive impacts

KARACHI: Pakistan lost an average of approximately 43,000 hectares of forests - equivalent to half the size of...

Published 15 Aug, 2020 02:41am

Independence Day celebrated in Karachi with zest

KARACHI: Like other parts of the country, the 73rd Independence Day of Pakistan was celebrated in Karachi with...

Published 15 Aug, 2020 02:41am

SNGPL holds flag hoisting ceremony

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to...

Published 15 Aug, 2020 02:41am

Minister seeks collective efforts to change fate of Karachi

KARACHI: Provincial Minister of Education and Labour Saeed Ghani said that Sindh government is doing its best for ...

Published 15 Aug, 2020 02:41am

Independence Day: Violations of SOPs witnessed at parks, other public places

LAHORE: Gross violations of Standard Operating Procedures (SOPs) were witnessed at the parks, restaurants and other...

Published 15 Aug, 2020 02:41am

Democracy will be strengthened in future: Buzdar

LAHORE: Expressing resolve to work hard to make Pakistan strong and prosperous, Chief Minister Sardar Usman Buzdar...

Published 15 Aug, 2020 02:41am

Currency

Pakistan is not independent economically: Shahbaz

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition in the National Assembly Shahbaz...

Published 15 Aug, 2020 02:41am

Pakistan Independence Day celebrated in Tehran

TEHRAN: Official ceremony to mark 74th Independence Day of Pakistan was held at Pakistan House, Tehran Friday....

Updated 15 Aug, 2020 03:03am

Exchange

Saudi ambassador meets Shujaat, Pervaiz Elahi

LAHORE: Saudi Arabia Ambassador to Pakistan Nawaf Saeed Al-Maliky called on Pakistan Muslim League (PML) President ...

Published 15 Aug, 2020 02:41am

Commodities

APMPEA proposes setting up of 'disease-free zone' for animals in Cholistan

LAHORE: All Pakistan Meat Processors and Exporters Association (APMPEA) has proposed the government to set up...

Published 15 Aug, 2020 02:41am

Ravi Riverfront city to overcome urbanization challenges of 21st century Lahore

LAHORE: Like other cosmopolitan cities of the world, the amorphous Lahore was faced with debilitating challenges of...

Published 15 Aug, 2020 02:41am

Aaj TV - Saturday'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 15 Aug, 2020 02:41am

The Weather

KARACHI: The weather report on Friday (August 14, 2020) and the forecast for Saturday (August 15, 2020)....

Published 15 Aug, 2020 02:41am

Exchange

Economy: PM says 'things are now improving'

ISLAMABAD: Prime Minister Imran Khan Friday said the past two years were difficult, but things were now improving...

Published 15 Aug, 2020 02:41am

Money & Banking

Banker bonus cap can reduce excessive risk-taking: BoE paper

LONDON: The European Union's cap on banker bonuses introduced after the financial crisis a decade ago can help to...

Published 15 Aug, 2020 02:41am

Currency

Power Generation Policy 1994: Government, majority of IPPs sign settlement pacts

ISLAMABAD: The government and majority of Independent Power Producers (IPPs) established under Power Generation...

Published 15 Aug, 2020 02:41am

Two policemen killed in IOK

OCCUPIED SRINAGAR: freedom fighters attacked a police team in occupied Kashmir on Friday, killing two officers and...

Published 15 Aug, 2020 02:41am

Government buys 60,000 tonnes wheat, as imports rise

HAMBURG: A group of flour mills in Pakistan has bought around 60,000 tonnes of wheat recently, which is expected to...

Published 15 Aug, 2020 02:41am

Alvi sees improvement in various areas

ISLAMABAD: President Dr Arif Alvi Friday said Pakistan had surmounted several challenges since its independence,...

Published 15 Aug, 2020 02:41am

Fiat Chrysler: US judge rejects GM bid to reopen case

NEW YORK: A federal judge in Detroit on Friday rejected a bid by General Motors Co to reinstate a racketeering...

Published 15 Aug, 2020 02:41am

US, China to discuss trade deal amid Covid-19 disruption

WASHINGTON: Negotiators from the United States and China will on Saturday discuss the "phase one" trade deal signed...

Published 15 Aug, 2020 02:41am

Turkey may suspend ties with UAE: Erdogan

ISTANBUL: Turkey is considering suspending diplomatic ties with the United Arab Emirates and withdrawing its...

Published 15 Aug, 2020 02:41am

A development with far-reaching implications: FO

ISLAMABAD: In a vague statement, the Foreign Office on Friday said that Pakistan's approach would be guided by "our...

Published 15 Aug, 2020 02:41am

Palestinians accuse UAE of collaborating with Israel

OCCUPIED JERUSALEM: Angry Palestinians in Jerusalem accused the United Arab Emirates of collaborating with Israel ...

Published 15 Aug, 2020 02:41am

Afghan authorities begin release of 'dangerous' Taliban prisoners

KABUL: Afghan authorities said Friday they had started to release 400 Taliban prisoners, the final hurdle in...

Published 15 Aug, 2020 02:41am

Fortnite maker sues Apple, Google after removal of game from app stores

NEW YORK: Apple Inc and Alphabet Inc's Google on Thursday removed popular video game "Fortnite" from their app ...

Published 15 Aug, 2020 02:41am

Bilawal praises performance of SRB

KARACHI: PPP Chairman Bilawal Bhutto Zardari Friday said that 18th Constitutional Amendment has trickled down...

Published 15 Aug, 2020 02:41am

US says it seized four Iranian fuel shipments en route to Venezuela

WASHINGTON: The United States said on Friday it had confiscated four Iranian fuel shipments that had been bound for...

Published 15 Aug, 2020 02:41am

DGI&I Faisalabad unearths huge ST evasion

ISLAMABAD: Chairman Federal Board of Revenue (FBR) has issued directions to all the FBR field offices to expedite...

Published 15 Aug, 2020 02:41am

Wapda chief visits Nai Gaj Dam project to assess damages

LAHORE: In the wake of recent floods, the Pakistan Water and Power Development Authority (Wapda) Chairman Lt Gen...

Published 15 Aug, 2020 02:41am

Pak-Saudi relationship

EDITORIAL: Pakistan-Saudi Arabia relations have been extremely close over many decades. In times of difficulty, both...

Published 15 Aug, 2020 02:41am

Currency

Food security: thinking beyond self sufficiency

EDITORIAL: Pakistan's economy is largely agriculture-based. Although this sector's direct contribution to the GDP is...

Published 15 Aug, 2020 02:41am

Industry

China's domestic spending sluggish

BEIJING: China's retail sales dropped in July, official data showed Friday, indicating that sluggish consumer...

Published 15 Aug, 2020 02:41am

Industry

US retail sales, industrial output post modest gains

WASHINGTON: The US economy continues to regain ground as the coronavirus crisis drags on, with retailers and...

Published 15 Aug, 2020 02:41am

Real Estate

Juwai IQI, Maymar Housing ink MoU

KARACHI: Juwai IQI Holdings (Juwai IQI) and Maymar Housing Services Private Limited have signed a memorandum of...

Published 15 Aug, 2020 02:41am

Industry

LCCI marks Independence Day

LAHORE: The national flag was hoisted at the Lahore Chamber of Commerce and Industry (LCCI) to mark the 73rd...

Published 15 Aug, 2020 02:41am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Jan 22 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.95 ▲ 0.85 (10.49%)
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Flying Cement / Jan 22 Flying Cement Company Limited(FLYNG)	27.54 ▲ 2.50 (9.98%)
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	39.50 ▲ 3.50 (9.72%)
Popular Islamic / Jan 22 Popular Islamic Modaraba(PIM)	12.59 ▲ 1.06 (9.19%)
Shadman Cotton / Jan 22 Shadman Cotton Mills Limited(SHCM)	34.70 ▲ 2.90 (9.12%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.11 ▼ -0.89 (-14.83%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.01 ▼ -5.31 (-9.78%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.28 ▼ -0.78 (-9.68%)
Sindh Abadgar / Jan 22 Sindh Abadgar's Sugar Mills Limited(SASML)	37.11 ▼ -3.89 (-9.49%)
Supernet Tech. / Jan 22 Supernet Technologies Limited(STL)	850.10 ▼ -76.81 (-8.29%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	57 ▼ -4.90 (-7.92%)
Suhail Jute / Jan 22 Suhail Jute Mills Limited(SUHJ)	105 ▼ -8.47 (-7.46%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.33
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.14
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▼ -0.01
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	60,564,965 ▲ 3.50
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 2.98
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.03
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.43
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.40
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.08

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