Kuwait approves new wealth fund law, delays debt reform KUWAIT: Kuwait's parliament on Wednesday approved a law to make transfers of state revenue to one of its sovereign... Updated 20 Aug, 2020 04:13am
Trump backs Oracle in reported TikTok bid WASHINGTON: President Donald Trump has voiced approval of Oracle Corp's reported bid for TikTok, the Chinese... Updated 20 Aug, 2020 04:10am
Classic BlackBerry mobile phone keyboard to live on SAN FRANCISCO: The BlackBerry keyboard dethroned by touchscreens will live on in a new 5G smartphone planned for... Published 20 Aug, 2020 02:57am
US blacklists UAE firms for supporting Iran airline WASHINGTON: The US Treasury placed two United Arab Emirates-based companies on its sanctions blacklist Wednesday for... Updated 20 Aug, 2020 04:11am
Suspected Islamist attacker runs amok on Berlin motorway BERLIN: A man has caused a series of motorway accidents in Berlin injuring six people, including three seriously, in... Updated 20 Aug, 2020 04:12am
Stem cell treatment offers new hope for diabetics TOKYO: A new method to create insulin-producing pancreatic cells from stem cells and protect them from the body's... Published 20 Aug, 2020 02:57am
Mali coup leaders face wave of condemnation BAMAKO: Coup leaders in Mali faced a wave of international pressure on Wednesday, a day after they forced out a... Published 20 Aug, 2020 02:57am
Pope calls for social justice and vaccines for all VATICAN CITY: The coronavirus pandemic is exacerbating inequalities between rich and poor, Pope Francis said on... Published 20 Aug, 2020 02:57am
Roche, Regeneron partner on coronavirus antibody cocktail GENEVA: Swiss pharmaceuticals giant Roche joined forces Wednesday with Regeneron to scale up supply of the US firm's... Published 20 Aug, 2020 02:57am
EU rejects Belarus vote result MINSK: The European Union on Wednesday rejected the result of Belarus's disputed presidential election as strongman... Published 20 Aug, 2020 02:57am
Fire kills one on Greek ship NEW DELHI: A Greek sailor died and another was injured in a fire that broke out aboard a freighter adrift in the... Published 20 Aug, 2020 02:57am
US calls on Iraq to dismantle armed groups WASHINGTON: The United States called Wednesday for Iraq to dismantle non-government "armed groups" that have... Published 20 Aug, 2020 02:57am
US readies controversial Iran sanctions 'snapback' WASHINGTON: Secretary of State Mike Pompeo said Wednesday that the US would "soon" activate a controversial ... Published 20 Aug, 2020 02:57am
Keenjhar Lake boat tragedy: SHC orders Thatta DC, SSP to appear before court on 27th KARACHI: The Sindh High Court (SHC), while expressing its annoyance on Wednesday over the tragic incident in which ... Published 20 Aug, 2020 02:57am
LHC CJ terms Punjab IGP irresponsible LAHORE: The Lahore High Court Chief Justice Muhammad Qasim Khan on Wednesday termed Punjab inspector general police... Published 20 Aug, 2020 02:57am
Ministry may start 'Kissan Express' LAHORE: FPCCI's Businessmen Panel Secretary General (Federal) and former Chairman Standing Committee on Agriculture... Published 20 Aug, 2020 02:57am
Deaths caused by electrocution: Sindh govt to register cases: Imtiaz KARACHI: Sindh Government will register Murder cases against the top brass of concerned power supply companies ... Published 20 Aug, 2020 02:57am
Currency NIFT signs MoU with Checkout.com for int'l payment methods KARACHI: NIFT and Checkout.com sign a Memorandum of Understanding (MoU) for collaboration between both entities,... Published 20 Aug, 2020 02:57am
Punjab decides to connect all commodity markets with each other LAHORE: Punjab Government has decided to connect all the commodity markets of the province with each other to ... Published 20 Aug, 2020 02:57am
The Weather KARACHI: The weather report on Wednesday (August 19, 2020) and the forecast for Thursday (August 20, 2020).... Published 20 Aug, 2020 02:57am
Letters The Palestinian cause Business Recorder op-ed writer Rashed Rahman in the latest article "Fresh betrayals of the Palestinian cause" for ... Published 20 Aug, 2020 02:57am
GM bets on electric Cadillacs and micro-vans to reverse China slide ARTICLE: General Motors is overhauling its Chinese line-up with a greater emphasis on electric cars and ... Published 20 Aug, 2020 02:57am
Germany, France want more funding, power for WHO as part of sweeping reforms ARTICLE: Germany and France want to give more money and power to the World Health Organisation after the COVID-19... Published 20 Aug, 2020 02:57am
Libor Govt-IPPs agreement ARTICLE: IPP issue has been dangling for a long time now. Negotiations were going on for the last few months after... Published 20 Aug, 2020 02:57am
Karkey corruption case: AC seeks NAB's response to delay in supplementary reference ISLAMABAD: The Accountability Court Wednesday asked the National Accountability Bureau (NAB) to submit its response... Published 20 Aug, 2020 02:57am
Poverty alleviation initiatives: NA panel recommends taking of public representatives on board ISLAMAABD: The National Assembly Standing Committee on Cabinet Secretariat unanimously recommended that keeping the... Published 20 Aug, 2020 02:57am
TPL Insurance partners with Pak Suzuki KARACHI: TPL Insurance, Pakistan's first Direct Insurance Company, has signed a Strategic Partnership MoU with Pak... Published 20 Aug, 2020 02:57am
2013-2015: PAC body examines 10 audit paras from PD account ISLAMABAD: A sub-committee of the Public Accounts Committee (PAC) examined on Wednesday 10 audit paras from the ... Published 20 Aug, 2020 02:57am
Two most wanted terrorists killed in 'encounter' KARACHI: Two most wanted terrorists belonging to a banned outfit were killed in an encounter with Pakistan Rangers... Published 20 Aug, 2020 02:57am
CM for establishing shelter home in Rawalpindi LAHORE: Chief Minister Punjab Sardar Usman Buzdar, while inspecting the facilities at Raja Bazaar shelter home,... Published 20 Aug, 2020 02:57am
IHC extends its orders to seal Naval Sailing Club ISLAMABAD: The Islamabad High Court (IHC) on Wednesday extended its order to seal Naval Sailing Club on Rawal Lake ... Published 20 Aug, 2020 02:57am
Park Lane case: AC tells NAB to fix technical error in supplementary reference ISLAMABAD: The Accountability Court Wednesday returned the supplementary reference filed by the National... Published 20 Aug, 2020 02:57am
'PPP will not accept partition of Sindh under any circumstances' ISLAMABAD: The Pakistan People's Party (PPP) has said it will not accept the partition of Sindh under any... Published 20 Aug, 2020 02:57am
IHC reserves judgment on use of PTI flag on Sehat Card ISLAMABAD: Islamabad High Court (IHC) Wednesday reserved judgment on the use of the Pakistan Tehreek-e-Insaf (PTI)... Published 20 Aug, 2020 02:57am
President to address joint sitting today ISLAMABAD: President Dr Arif Alvi will kick off the third parliamentary year of the National Assembly with his... Updated 20 Aug, 2020 03:27am
Opposition parties joining hands with PTI: Siraj ISLAMABAD: Jamaat-e-Islami (JI) Pakistan chief, Senator Sirajul Haq Wednesday, while flaying the ruling Pakistan... Updated 20 Aug, 2020 03:28am
Sale of embassy building: NAB files corruption reference against ex-envoy to Indonesia ISLAMABAD: The National Accountability Bureau (NAB) Wednesday filed a corruption reference against former ambassador... Updated 20 Aug, 2020 03:28am
Senate passes another two FATF-related bills ISLAMABAD: In a bid to get the country out of the Financial Action Task Force (FATF)'s grey list, the Senate on... Updated 20 Aug, 2020 03:29am
Covid-19 claims 7 more lives, 317 new cases emerge: CM KARACHI: Sindh Chief Minister Syed Murad Ali Shah said that coronavirus has claimed seven more lives lifting the... Updated 20 Aug, 2020 03:29am
PSP accuses govts of failing to resolve problems of cities KARACHI: Pak Sarzameen Party Chairman Mustafa Kamal criticized the federal and provincial governments for "their... Updated 20 Aug, 2020 03:29am
'Karachi is a hen that lays golden egg,' says Mayor KARACHI: Mayor Karachi Wasim Akhtar on Wednesday said that the city which pays Rs300 billion tax has been destroyed;... Published 20 Aug, 2020 02:57am
Punjab govt to drop cases against farmers LAHORE: The Punjab government has decided to drop cases registered against farmers during the protest against former... Published 20 Aug, 2020 02:57am
Senate panel told: DG Health working on deputation for six years, ED PIMS is dentist ISLAMABAD: The Director General (DG) Health is working on deputation for the last six years, while the executive... Published 20 Aug, 2020 02:57am
Uzbek charge d'affaires discusses Dy PM's visit with Dawood ISLAMABAD : Sadullah Tashmatov, Charge' D'affaires of Uzbekistan Wednesday called on the Advisor to the Prime... Published 20 Aug, 2020 02:57am
PAC mandates AGP for complete audit of regulators ISLAMABAD: The Public Accounts Committee (PAC) has decided that all regulatory authorities and other government... Published 20 Aug, 2020 02:57am
PBC condemns killing of student by FC ISLAMABAD: The Pakistan Bar Council (PBC) strongly condemned the gruesome murder of Muhammad Hayat Mirza, a student... Published 20 Aug, 2020 02:57am
CDWP approves one project worth Rs3.63 billion ISLAMABAD: The Central Development Working Party (CDWP) approved one project at the cost of Rs3.63 billion, and... Published 20 Aug, 2020 02:57am
Pending dues, tariff adjustments: KE decides to make public appeal to federal govt ISLAMABAD: Karachi Electric (KE) has decided to make a public appeal to the federal government for clearance of its... Published 20 Aug, 2020 02:57am
Partly Facetious: Glossary of cricket terms? ARTICLE: "Asad Umer and the use of cricket terminology to warn leaders of the opposition that The Khan is in for ... Published 20 Aug, 2020 02:57am
Stocks Australian shares at over 5-month high SYDNEY/WELLINGTON: Australian shares closed at a more than five-month high on Wednesday, boosted by gains in... Published 20 Aug, 2020 02:57am
Stocks European stocks up MILAN/FRANKFURT: European stocks closed higher on Wednesday following new record highs for Wall Street's main... Published 20 Aug, 2020 02:57am
Stocks China stocks down BEIJING: Shanghai stocks ended lower on Wednesday after three consecutive sessions of gains, as investors took... Published 20 Aug, 2020 02:57am
Stocks The pandemic bull market: S&P closes at record high • Nasdaq hits another record closing high • Home Depot, Walmart shares down at close • Amazon leads gainers... Published 20 Aug, 2020 02:57am
Stocks Hong Kong shares slip HONG KONG: Hong Kong shares ended lower on Wednesday as investors booked gains in energy and technology stocks after... Published 20 Aug, 2020 02:57am
Stocks Nikkei inches up TOKYO: Japan's Nikkei eked out small gains on Wednesday, as some technology firms rallied after US tech giants drove... Published 20 Aug, 2020 02:57am
Stocks FTSE rises as Hochschild keeps mid-caps in red LONDON: London's FTSE 100 closed higher on Wednesday as the exporter-heavy index benefited from a slightly weaker... Published 20 Aug, 2020 02:57am
Man kills 11 members of his family in Pano Aqil PANO AQIL: A man slaughtered 11 members of his family, including his wife, three sons, four daughters, in village... Published 20 Aug, 2020 02:57am
Pakistan's global image improving: Sarwar LAHORE: Speaker National Assembly Asad Qaiser said on Wednesday that all political parties should play their due ... Published 20 Aug, 2020 02:57am
Hafeez inaugurates Baab-e-Muhammad at a mosque in Naya Nazimabad KARACHI: Dr Abdul Hafeez Shaikh, Adviser to Prime Minister on Finance and Revenue, inaugurated the Baab-e- Muhammad... Published 20 Aug, 2020 02:57am
Muharram moon sighting: Ruet body meeting today ISLAMABAD: A meeting of the Central Ruet-e-Hilal Committee would be held Thursday (today) for the sighting of the... Published 20 Aug, 2020 02:57am
Rates.Ports Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 177,873 tonnes of cargo comprising 126,174 tonnes of import cargo and 51,699 ... Published 20 Aug, 2020 02:57am
Exchange LME official prices LONDON: The following were Tuesday official prices.... Published 20 Aug, 2020 02:57am
Kerb Pakistan Economic Indicators KARACHI: Pakistan Economic Indicators - Wednesday (August 19, 2020).... Published 20 Aug, 2020 02:57am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 19, 2020).... Published 20 Aug, 2020 02:57am
Currency THE RUPEE: Loss on Interbank market KARACHI: On Wednesday, Pakistan Rupee lost value against USD in interbank market while remaining unchanged in open... Published 20 Aug, 2020 02:57am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Wednesday (August 19, 2020).... Published 20 Aug, 2020 02:57am
Rates Cross Transactions between Client to Client & Financial Institutions KARACHI: The following were the cross transactions between client to client & financial institutions here on... Published 20 Aug, 2020 02:57am
Rates Member to Member KARACHI: The following transactions member to member subsequently reported on Wednesday (August 19, 2020).... Published 20 Aug, 2020 02:57am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 20 Aug, 2020 02:57am
Exchange BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 20 Aug, 2020 02:57am
Exchange Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 20 Aug, 2020 02:57am
Exchange Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 20 Aug, 2020 02:57am
Exchange Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 20 Aug, 2020 02:57am
Exchange Clearing Schedule for T+2 System KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System.... Published 20 Aug, 2020 02:57am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 20 Aug, 2020 02:57am
Rates.EFU EFU TAKAFUL GROWTH FUND RATES KARACHI: EFU Takaful Growth Fund Rates on Wednesday (August 19, 2020). ======================== Offer Price... Published 20 Aug, 2020 02:57am
Rates.EFU EFU Capital Growth Fund Rates KARACHI: EFU Capital Growth Fund Rates on Wednesday (August 19, 2020). ======================== Offer Price... Published 20 Aug, 2020 02:57am
Rates.EFU EFU Pension Growth Fund Rates KARACHI: EFU Pension Growth Fund Rates on Wednesday (August 19, 2020). ======================== Offer Price... Published 20 Aug, 2020 02:57am
Rates.KIBOR Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Wednesday (August 19, 2020). ========================== KIBOR... Published 20 Aug, 2020 02:57am
Libor LIBOR interbank offered rates LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (August 19, 2020).... Published 20 Aug, 2020 02:57am
Currency Bill buying rates per unit of currency KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ... Published 20 Aug, 2020 02:57am
Libor LIBOR calculating interest on US dollar KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (August 19,... Published 20 Aug, 2020 02:57am
Currency State Bank of Pakistan conversion rates KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,... Published 20 Aug, 2020 02:57am
Bilawal, Nawaz agree to convene APC ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N)'s "Quaid for Life" and former prime minister Nawaz Sharif, and... Published 20 Aug, 2020 02:57am
Biden nominated to take on Trump MILWAUKEE: US Democrats nominated Joe Biden as their 2020 presidential candidate on Tuesday, offering the Washington... Published 20 Aug, 2020 02:57am
Foreign funding case: Scrutiny body submits report to ECP quietly ISLAMABAD: Scrutiny Committee of Election Commission of Pakistan (ECP), which heard Foreign Funding Case related to... Published 20 Aug, 2020 02:57am
Mild quake tremors felt in Karachi KARACHI: Earthquake tremors measuring three on Richter scale were witnessed in Karachi on Wednesday, Pakistan... Published 20 Aug, 2020 02:57am
FBR issues draft income tax return forms ISLAMABAD: The Federal Board of Revenue (FBR) has issued draft income tax return forms for salaried class, business... Updated 20 Aug, 2020 03:18am
SBP enhances refinancing limit to banks under EFS KARACHI: In order to further facilitate exporters, State Bank of Pakistan (SBP) has enhanced the limit of ... Updated 20 Aug, 2020 03:18am
5 major export sectors: 1pc WHT applicable on imported raw materials ISLAMABAD: The Federal Board of Revenue (FBR) has announced on Wednesday that the reduced rate of one percent... Updated 20 Aug, 2020 03:18am
Currency July collection stands at Rs300bn ISLAMABAD: The Federal Board of Revenue (FBR) has been able to collect Rs 300 billion against the target of Rs 243... Updated 20 Aug, 2020 03:19am
TCP wheat tender: Nine parties submit bids KARACHI: In response to Trading Corporation of Pakistan's (TCP) wheat import tender, some nine (9) bidders have... Updated 20 Aug, 2020 03:22am
Currency Implementation of CCoE decisions: Umar irked by delaying tactics ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar has reportedly expressed annoyance ... Updated 20 Aug, 2020 03:22am
Cotton GIDC verdict likely to attract review petitions ISLAMABAD: The industrial sectors, financially hit by the recent verdict of Supreme Court of Pakistan on payment of... Updated 20 Aug, 2020 03:24am
Exchange KSE-100 Index sheds 29.90 points: BRIndex100 ends flat KARACHI: Pakistan Stock Exchange Wednesday witnessed a mixed trend as investors remained cautious due to their... Published 20 Aug, 2020 02:57am
Exchange Saudi Arabia says no Israel deal without Palestinian peace BERLIN: Saudi Arabia said Wednesday it will not follow the United Arab Emirates in establishing diplomatic ties with... Updated 20 Aug, 2020 03:26am
Pakistan-Saudi Arabia ties: PM rejects 'rumours' ISLAMABAD: Prime Minister Imran Khan has played down differences with longtime ally Saudi Arabia after country's ... Published 20 Aug, 2020 02:57am
Exchange More ministers spell out PTI govt's performance ISLAMABAD: The federal ministers on Wednesday apprised the media about the performance of their respective... Published 20 Aug, 2020 02:57am
S&P, Nasdaq slide from record highs NEW YORK: The S&P 500 and Nasdaq slipped from all-time intra-day highs on Wednesday in choppy trading after the... Published 20 Aug, 2020 02:57am
Commodities Gold prices decline KARACHI: Gold on Wednesday decline to Rs120,000 per tola on the local market, down by Rs2300, traders said. The... Published 20 Aug, 2020 02:57am