Luckin Coffee, associated firms fined $9m over scandal BEIJING: Embattled Chinese chain Luckin Coffee is among a raft of 45 companies hit with a combined fine of nearly $9... Updated 23 Sep, 2020 03:20am
Exchange Spain moves to ensure firms cover homeworking costs MADRID: Businesses cannot force employees to work from home and for those that do, they must cover the costs... Published 23 Sep, 2020 02:48am
India approves labour reforms amid union protests NEW DELHI: India’s lower house of parliament on Tuesday approved long-pending, disputed labour reforms in the ... Published 23 Sep, 2020 02:48am
Blast rocks Hezbollah site AIN QANA, (Lebanon): An explosion rocked a Hezbollah site in a village in southern Lebanon on Tuesday, residents... Published 23 Sep, 2020 02:48am
EU tells UK to ‘stop the games’ on Brexit BRUSSELS: Weary EU officials prepared for another round of urgent Brexit negotiations Tuesday, with time running out... Published 23 Sep, 2020 02:48am
Britain to impose new virus curbs as WHO issues grim warning LONDON: The British government announced fresh steps on Tuesday to try to stop a coronavirus surge in England, as ... Published 23 Sep, 2020 02:48am
Turkey, Greece agree to talks on Mediterranean tensions ANKARA: Turkey and Greece have agreed to talks over disputed waters in the eastern Mediterranean, both sides said... Published 23 Sep, 2020 02:48am
Rescuers find five alive, over 30 hours after India building collapse MUMBAI: Emergency workers rescued five more people from the rubble of a collapsed apartment block in western India... Published 23 Sep, 2020 02:48am
Abu Dhabi abolishes permit system for buying alcohol ABU DHABI: Authorities in the UAE capital Abu Dhabi have abolished the requirement for permits to purchase and... Published 23 Sep, 2020 02:48am
Sri Lanka unveils controversial bill handing more power to president COLOMBO: Sri Lanka’s ruling party Tuesday unveiled a constitutional amendment handing unprecedented power to the... Published 23 Sep, 2020 02:48am
Xi says no intention to fight ‘a Cold War or hot one’ with any country UNITED NATIONS: Chinese President Xi Jinping told the United Nations General Assembly on Tuesday that Beijing has... Published 23 Sep, 2020 02:48am
Exchange ‘Impact of Covid-19 on South Asia’ This is apropos a Business Recorder op-ed “Impact of Covid-19 on South Asia” carried by the newspaper yesterday.... Published 23 Sep, 2020 02:48am
Covid-19 vaccine verdicts loom as next big market risk Optimism that vaccines are on the way to end the coronavirus pandemic has been a major factor in this year’s U.S.... Published 23 Sep, 2020 02:48am
‘Freak events’: Karachi floods hint at shifting monsoon Flood-slammed Karachi, Pakistan’s largest city, could face worsening urban inundations in coming years, in part as... Published 23 Sep, 2020 02:48am
Time to go back to import substitution Globalization has lost its shine for the rich countries which in the first place had been its promoters as they went... Published 23 Sep, 2020 02:48am
Over 163,000 died in 2017 due to tobacco use in Pakistan: WHO ISLAMABAD: Society for Protection of Rights of the Child (SPARC) organized a seminar on “Need for Sustainable... Published 23 Sep, 2020 02:48am
NA body passes ‘Limitation (Amendment) Bill, 2020’ ISLAMABAD: The National Assembly’s Standing Committee on Law and Justice on Tuesday passed The Limitation... Published 23 Sep, 2020 02:48am
Border markets to rejuvenate local economies, check smuggling: Asim Bajwa ISLAMABAD: Special assistant to Prime Minister on information and broadcasting Lt Gen Asim Saleem Bajwa (retd) on... Published 23 Sep, 2020 02:48am
NSCCP scam: Reference against Ahsan at final stage, AC told ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday informed an accountability court (AC) that corruption... Published 23 Sep, 2020 02:48am
Agreement signed: Pakistan, China to jointly build cancer medical lab BEIJING: Pakistan, China will jointly build a cancer medical laboratory through cooperative partnership. In this... Published 23 Sep, 2020 02:48am
Allotment of land: NAB files supplementary reference ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday filed a supplementary reference in connection with... Published 23 Sep, 2020 02:48am
President approves five bills passed by parliament ISLAMABAD: President Dr Arif Alvi on Tuesday approved as many as five bills passed by the Parliament. The president... Published 23 Sep, 2020 02:48am
Musharraf should be punished in Benazir murder case: PPP RAWALPINDI: The Pakistan Peoples Party (PPP) leaders said that General Pervez Musharraf (Retd) should be punished in... Published 23 Sep, 2020 02:48am
President confers Hilal-e-Pakistan on outgoing Chinese envoy ISLAMABAD: President Dr Arif Alvi has awarded the Hilal-e-Pakistan to the outgoing Chinese Ambassador to Pakistan ... Published 23 Sep, 2020 02:48am
Covid-19 claims 6 more lives: Murad KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Coronavirus has claimed six more lives and infected... Published 23 Sep, 2020 02:48am
‘Jodhpur incident’: Indian govt asked to provide access to surviving member of ill-fated family ISLAMABAD: Pakistan’s High Commission in New Delhi has asked the Indian government for provision of access to the... Updated 23 Sep, 2020 03:11am
PHMA elects new executive body for 2020-21 LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has announced to elect its new executive... Updated 23 Sep, 2020 03:11am
Saeed elected soap makers’ body chief KARACHI: Saeed Ahmed has been elected chairman Pakistan Soap Manufacturers Association in the annual election for ... Updated 23 Sep, 2020 03:13am
Hyderabad, Mirpurkhas: Monsoon rains inundate 519,904 acre of lands: Sindh CM KARACHI: The heavy rains of August 2020 had inundated 519,904 acres of agricultural and barren lands in Mirpurkhas... Updated 23 Sep, 2020 03:13am
Regular flights to Saudi Arabia: PIA asks passengers not to pay extra amount for tickets KARACHI: Pakistan International Airlines (PIA) has urged its passengers not to pay an additional amount to confirm... Updated 23 Sep, 2020 03:14am
Fazl hits out at PTI govt KARACHI: Chief of Jamiat Ulema-e-Islam, Maulana Fazlur Rehman on Monday hit out at the PTI government over ... Updated 23 Sep, 2020 03:14am
Karachi subjected to unannounced power outages KARACHI: Various parts of the metropolis were yet again subjected to prolonged and unannounced power outages due to... Published 23 Sep, 2020 02:48am
Two sentenced to death for Baldia factory fire KARACHI: An anti-terrorism court, here on Tuesday awarded death sentence to two accused including Rehman alias Bhola... Published 23 Sep, 2020 02:48am
Energy Russia’s giant nuclear-powered icebreaker makes maiden voyage SAINT PETERSBURG: Russia’s nuclear-powered icebreaker Arktika, touted as the most powerful of its kind and a ... Published 23 Sep, 2020 02:48am
Energy EU court approves UK state aid for nuclear plant BRUSSELS: The EU’s highest court on Tuesday approved British government subsidies for a new nuclear power plant,... Published 23 Sep, 2020 02:48am
Eurozone rebounds from recession but clouds gather FRANKFURT: Europe appears to have weathered a pandemic-induced recession better than many feared, a slew of... Updated 23 Sep, 2020 03:14am
US existing home sales approach 14-year high WASHINGTON: US home sales surged to their highest level in nearly 14 years in August as the housing market continued... Published 23 Sep, 2020 02:48am
‘Siddiqui’s acquittal proves MQM-P had no link with case’ KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) on Tuesday said that the party leader Rauf Siddiqui’s acquittal... Published 23 Sep, 2020 02:48am
No regularisation policy for Railways employees annoys SC ISLAMABAD: The Supreme Court expressed annoyance over no policy for regularisation of the Railways employees. A... Published 23 Sep, 2020 02:48am
NAB summons Fazl in assets beyond means case PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa has summoned Jamiat Ulema-i-Islam-Fazl (JUI-F)... Published 23 Sep, 2020 02:48am
Partly Facetious: Buzz has ambitions “I don’t like our system of government.” “You favour a presidential system? I don’t see what difference... Published 23 Sep, 2020 02:48am
Wahab asks federal govt to resolve gas shortage issue KARACHI: Spokesperson for Sindh government and advisor to CM Murtaza Wahab has urged the federal government to... Published 23 Sep, 2020 02:48am
Benazir Bhutto murder case: LHC issues arrest warrants for Aitzaz Shah, Zaman ISLAMABAD: The Lahore High Court on Tuesday while expressing annoyance over non-appearance of accused, Aitzaz Shah... Published 23 Sep, 2020 02:48am
Gas shortfall in Karachi result of Sindh govt’s rigidity: Omar ISLAMABAD: Gas shortfall in Karachi is the result of the provincial government’s rigidity as ruling party in Sindh... Published 23 Sep, 2020 02:48am
Middle school classes resume across country sans Sindh today ISLAMABAD: The government, while terming the pandemic situation in control, has allowed schools across the country ... Published 23 Sep, 2020 02:48am
Stocks Australian shares lower, NZ rises SYDNEY/WELLINGTON: Australia shares closed weaker for a fourth straight session on Tuesday as concerns about fresh... Published 23 Sep, 2020 02:48am
Stocks FTSE 100 rises as PM stops short of full lockdown LONDON: London’s FTSE 100 broke a four-session losing run on Tuesday after Prime Minister Boris Johnson introduced... Published 23 Sep, 2020 02:48am
Online marketing: OLX introduces ad tool for business promotion KARACHI: OLX, Pakistan’s number one marketplace, has introduced an advertising tool to help small and medium... Published 23 Sep, 2020 02:48am
Hepatitis patients: Free screening, treatment centre established in Keamari KARACHI: MM Group of Companies and The Health Foundation have joined hands to provide free screening and treatment... Published 23 Sep, 2020 02:48am
Qureshi highlights UN’s failure to resolve Kashmir, Palestine disputes ISLAMABAD: While reaffirming Pakistan’s support to the United Nations on it’s 75th anniversary, Foreign Minister... Published 23 Sep, 2020 02:48am
PMPKL partners with NOWPDP on World Cleanup Day KARACHI: On World Cleanup Day 2020, the not for profit organization Network of Organizations Working with Persons... Published 23 Sep, 2020 02:48am
Pakistan can’t bear brunt of political instability: Iftikhar LAHORE: Pakistan can neither bear the brunt of political instability nor afford politics of agitation, violence,... Published 23 Sep, 2020 02:48am
APC termed failed drama: Punjab CM directs action against those involved in raising flour rate LAHORE: Chief Minister Sardar Usman Buzdar, in a meeting with Senior Minister Abdul Aleem Khan, here Tuesday ... Published 23 Sep, 2020 02:48am
Intermediate Part II results announced LAHORE: The Board of Intermediate and Secondary Education Lahore on Tuesday announced the results of the annual... Published 23 Sep, 2020 02:48am
Money laundering case: LHC extends pre-arrest bail of Shehbaz LAHORE: The Lahore High Court on Tuesday extended pre-arrest bail of Leader of Opposition in National Assembly... Published 23 Sep, 2020 02:48am
Tax reforms: APAT announces countrywide agitation against PTI govt LAHORE: Rejecting the CNIC-based invoicing condition, the All Pakistan Anjuman-e-Tajran (APAT) has announced to... Published 23 Sep, 2020 02:48am
Cotton Senate body informed: 1.411m tons of wheat shortfall likely ISLAMABAD: A parliamentary panel was informed on Tuesday that the country had to face 1.411 million tons of net... Published 23 Sep, 2020 02:48am
The Weather KARACHI: The weather report on Tuesday (September 22, 2020) and the forecast for Wednesday (September 23, 2020).... Published 23 Sep, 2020 02:48am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ... Published 23 Sep, 2020 02:48am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 23 Sep, 2020 02:48am
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 23 Sep, 2020 02:48am
Exchange PSX hit by selling pressure: BRIndex100 extends losses KARACHI: Due to selling in various sectors, a bearish trend continued on Pakistan Stock Exchange Tuesday. ... Published 23 Sep, 2020 02:48am
Commodities Agri dept advised LAHORE: Punjab Agriculture Minister Syed Hussain Jehanian Gardezi has directed the provincial agriculture department... Published 23 Sep, 2020 02:48am
Commodities China’s iron ore futures drop on sluggish demand BEIJING/SHANGHAI: Benchmark iron ore futures in China slipped about 3% on Monday, hurt by sluggish downstream demand... Published 23 Sep, 2020 02:48am
Commodities PMEX daily trading report KARACHI: On Monday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 12.816 billion and... Published 23 Sep, 2020 02:48am
Commodities Dry spell supports Ivory Coast’s cocoa main crop ABIDJAN: Mainly below average rains last week in most of Ivory Coast’s cocoa regions bode well for the development... Published 23 Sep, 2020 02:48am
Grains Russian wheat prices up on strong demand MOSCOW: Russian wheat export prices rose for the fourth week in a row last week on strong demand from Turkey, Egypt... Published 23 Sep, 2020 02:48am
Commodities CBOT corn futures fall CHICAGO: Chicago Board of Trade corn futures dropped 2.1% from a six-month high on Monday as funds exited long... Published 23 Sep, 2020 02:48am
Rates.Ports Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 136,923 tonnes of cargo comprising 105,332 tonnes of import cargo and 31,591 ... Published 23 Sep, 2020 02:48am
Cotton & Textile Cotton Spot Rates KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 22, 2020).... Published 23 Sep, 2020 02:48am
Cotton & Textile Cotton spot rate rises by Rs50 to Rs8750 KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Tuesday has increased the spot rate by Rs 50... Published 23 Sep, 2020 02:48am
Stocks Major Gulf indexes mixed; Egypt snaps losing streak DUBAI: Major Gulf markets ended mixed on Tuesday, with financial shares weighing on the Saudi index, while property... Published 23 Sep, 2020 02:48am
Stocks European stocks rebound MILAN/FRANKFURT: A jump in oil and tobacco shares helped European stocks close higher on Tuesday, with the main... Published 23 Sep, 2020 02:48am
Stocks China stocks lower SHANGHAI: China stocks closed lower on Tuesday as material and transport firms dropped following worries about surge... Published 23 Sep, 2020 02:48am
Stocks Tuesday’s early afternoon trade: Nasdaq, S&P rise on Amazon boost NEW YORK: The S&P 500 and the Nasdaq rose on Tuesday, led by a bounce in Amazon.com, while a likely delay in the... Published 23 Sep, 2020 02:48am
Stocks Wall Street main indexes tumble NEW YORK: Wall Street’s main indexes closed lower on Monday as concerns about new lockdowns in Europe and possible... Published 23 Sep, 2020 02:48am
Commodities Gold price stable locally KARACHI: Despite a decline of $25 per ounce on the world market, gold price was unchanged locally on Monday, traders... Published 23 Sep, 2020 02:48am
Energy MEPCO outperforms DISCOs in achieving recovery target in 2018-19: Nepra LAHORE: The Multan Electric Power Company (MEPCO) remained very close to its recovery target, followed by Gujranwala... Published 23 Sep, 2020 02:48am
Energy Oil edges up NEW YORK: Oil prices settled slightly higher on Tuesday ahead of weekly US inventory figures, rebounding modestly... Published 23 Sep, 2020 02:48am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 23 Sep, 2020 02:48am
Cotton & Textile NY cotton gains NEW YORK: ICE cotton futures gained on Tuesday as investors stepped in to pick up bargains after the natural fibre... Published 23 Sep, 2020 02:48am
Commodities Copper prices bounce LONDON: Copper prices rebounded on Tuesday as investors took advantage of a pull-back from two-year highs and as... Published 23 Sep, 2020 02:48am
Energy Oil prices slip NEW YORK: Oil prices edged lower on Tuesday ahead of weekly US inventory figures, as the market was unable to ... Published 23 Sep, 2020 02:48am
Commodities Palm oil slips KUALA LUMPUR: Malaysian palm oil futures fell more than 1% on Tuesday, tracking a sharp drop in Dalian oil prices,... Published 23 Sep, 2020 02:48am
Commodities Argentina soya crushing to fall 9.5pc this year BUENOS AIRES: Argentina’s soya crushing volume will drop around 9.5% this year, the head of the CIARA-CEC grains... Published 23 Sep, 2020 02:48am
Commodities Gold prices slips in Asia SINGAPORE: Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multi-week ... Published 23 Sep, 2020 02:48am
Commodities Gold falls in Europe LONDON: Gold fell for a second straight session on Tuesday as the dollar climbed to a near two-month peak, with... Published 23 Sep, 2020 02:48am
Commodities US MIDDAY: Gold drops NEW YORK: Gold fell for a second straight session on Tuesday as the dollar climbed to a near two-month peak, with... Published 23 Sep, 2020 02:48am
AAJ PROGRAM SCHEDULE Wednesday, September 23, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55... Published 23 Sep, 2020 02:48am
Rates.Bullion Bullion Rates KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 22, 2020).... Published 23 Sep, 2020 02:48am
Exchange LME official prices LONDON: The following were Monday official prices.... Published 23 Sep, 2020 02:48am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 22, 2020)... Published 23 Sep, 2020 02:48am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (September 22, 2020). ======================================= ... Published 23 Sep, 2020 02:48am
Commodities Pakistan Mercantile Exchange - PMEX ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary... Published 23 Sep, 2020 02:48am
Rates.Ports Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 22, 2020).... Published 23 Sep, 2020 02:48am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (September 22, 2020). ======================== Bid ... Published 23 Sep, 2020 02:48am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 22, 2020).... Published 23 Sep, 2020 02:48am
Currency THE RUPEE: Mixed signals KARACHI: On Tuesday, Pakistan Rupee exhibited mixed signals. It gained value against USD in interbank market while... Published 23 Sep, 2020 02:48am
Rates Revised Rates of Debt Securities KARACHI: The following were the revised rates of debt securities on Tuesday (September 22, 2020).... Published 23 Sep, 2020 02:48am
Mutual Funds Mutual Funds Association of Pakistan KARACHI: Mutual Funds Association has issued open-end funds daily prices for Tuesday (September 22, 2020)... Published 23 Sep, 2020 02:48am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer