News Archives for Print - 2020-10-05

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Print - 2020-10-05

Europe

UK interior minister Patel vows asylum system overhaul

LONDON: British interior minister Priti Patel accused migrants crossing the Channel on boats of "shopping around" to...

Updated 05 Oct, 2020 04:14am

Letters

'Impoverished by democracy?'

This is apropos a Business Recorder op-ed "Impoverished by democracy" carried by the newspaper on Saturday. The...

Published 05 Oct, 2020 02:38am

Forging resilient regional supply chains and connectivity

Participation in global and regional supply chains has been one of the most reliable economic growth strategies,...

Published 05 Oct, 2020 02:38am

The war incognito

We are at war. But of a different kind. These kind of wars are operating at some level at every level. Some visible....

Published 05 Oct, 2020 02:38am

Of reneging deals and penalties

Reneging on bilateral treaties and/or on signed contracts by Pakistan (as opposed to a memorandum of understanding...

Published 05 Oct, 2020 02:38am

Fawad for electrified transport in Karachi

KARACHI: Federal Minister for Science and Technology Fawad Chaudhry has termed the Opposition's Alliance against...

Updated 05 Oct, 2020 03:03am

Two hardcore terrorists killed in N Waziristan

RAWALPINDI: Around two hardcore terrorists were killed and one apprehended by the security forces on Sunday in Mir...

Updated 05 Oct, 2020 03:14am

'Adopting healthy lifestyle can prevent cardiovascular diseases'

LAHORE: On the occasion of World Heart Day, Ferozsons Laboratories Limited, a leading pharma and medical device...

Updated 05 Oct, 2020 03:16am

VU introduces subsidized Cisco courses

LAHROE: On the direction of Secretary Information Technology and Telecommunication Shoaib Ahmed Siddiqui, Virtual...

Updated 05 Oct, 2020 03:21am

Pakistan most vibrant members of Islamic world: governor

KARACHI: Sindh Governor Imran Ismail has said that Pakistan is a nuclear power and termed as fort of Islam and one ...

Updated 05 Oct, 2020 03:04am

Two arrested for allegedly raping minor girl

LAHORE: The Punjab police claimed on Sunday to have arrested two persons for allegedly raping a seven-year-old girl...

Updated 05 Oct, 2020 03:05am

Japan offers its marketplace for talented youth

ISLAMABAD: The government of Japan has offered Pakistani youth to exhibit their talent in the modern hi-tech ...

Updated 05 Oct, 2020 03:12am

Exchange

SMIC has had 'preliminary exchanges' with US over export restrictions

SHANGHAI: Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken "preliminary...

Published 05 Oct, 2020 02:38am

Currency

Wood market in Senegal's capital burnt to the ground

DAKAR: A historic wood market in Senegal's capital Dakar went up in flames Saturday night, with firefighters still...

Published 05 Oct, 2020 02:38am

USA

Biden leads by 10 points

NEW YORK: Democrat Joe Biden opened his widest lead in a month in the US presidential race after President Donald...

Published 05 Oct, 2020 02:38am

Europe

Japan's famous fashion designer Kenzo Takada dies from Covid

PARIS: Japan's most famous fashion designer Kenzo Takada, founder of the global Kenzo brand, died in Paris on Sunday...

Published 05 Oct, 2020 02:38am

Middle East

Kuwait's new emir meets senior US and Iranian officials

KUWAIT: Kuwait's new Emir Sheikh Nawaf al-Ahmad al-Sabah on Sunday met senior US, Iranian and Gulf officials who...

Published 05 Oct, 2020 02:38am

Europe

Thousands protest anti-coronavirus restrictions in Germany

BERLIN: Thousands of demonstrators in southern Germany protested against coronavirus restrictions over the weekend,...

Published 05 Oct, 2020 02:38am

Thousands flock to protest against Mexico president

MEXICO CITY: Thousands of protesters marched through central Mexico City on Saturday in one of the biggest...

Updated 05 Oct, 2020 04:08am

Europe

France, Italy step up rescue efforts after floods

SAINT-MARTIN-VESUBIE, (France): French and Italian rescue services stepped up search efforts on Sunday after floods...

Published 05 Oct, 2020 02:38am

Any anti-state agenda not allowed: minister

ISLAMABAD: The Federal Minister for Interior Brig Ijaz Ahmad Shah (retd) is of the view that these rallies to be ...

Updated 05 Oct, 2020 03:10am

Army provides free medical treatment to villagers in dist Khatmang

GILGIT: Pakistan Army provided free medical treatment to more than 1500 patients during a 2 days long free medical...

Updated 05 Oct, 2020 03:09am

Citizens advised to follow SOPs in markets, restaurants

ISLAMABAD: The Ministry of National Health Services has asked the citizens to rigorously follow Standard Operating...

Updated 05 Oct, 2020 03:07am

Stocks

Gulf markets retreat, Kuwait index rebounds on reopening

DUBAI: Kuwait's stock market rebounded on Sunday, with financial shares leading broad-based gains as it reopened...

Published 05 Oct, 2020 02:38am

Stocks

Wall Street week ahead: Biden victory could weigh on stock market's winners

NEW YORK: Investors on Wall Street can add another layer of uncertainty to a market already unnerved by last month's...

Published 05 Oct, 2020 02:38am

Case registered against Safdar over 'anti-state remarks'

GUJRANWALA: A case has been registered against Captain Safdar (retd) in Gujranwala for making anti-state remarks....

Published 05 Oct, 2020 02:38am

Current anti-corruption drive lost credibility: Siraj

LAHORE: Chief of Jamaat-e-Islami Senator Sirajul Haq has reiterated the demand for across the accountability, saying...

Published 05 Oct, 2020 02:38am

PML-N rally express solidarity with Shehbaz Sharif

LAHORE: Pakistan Muslim League-Nawaz (PML-N) senior leader Khawaja Saad Rafique said on Saturday that future of the...

Published 05 Oct, 2020 02:38am

Model of civil secretariat in Bahawalpur, Multan approved: Buzdar

LAHORE: Punjab Chief Minister Usman Buzdar has said that the model of civil secretariat in Bahawalpur and Multan has...

Published 05 Oct, 2020 02:38am

Sindh govt to continue supporting Karachi Arts Council: commissioner

KARACHI: Commissioner Karachi Sohail Rajput chaired a meeting of Governing Body of the Karachi Arts Council. He...

Published 05 Oct, 2020 02:38am

Africa

Port Sudan container terminal blocked in peace deal protest

KHARTOUM: Protesters blocked Port Sudan's container terminal and a road between the eastern city and the capital...

Published 05 Oct, 2020 02:38am

Asia

Pro-presidential parties win Kyrgyz vote

BISHKEK: Parties close to Kyrgyzstan's pro-Russian President Sooronbai Jeenbekov appeared set Sunday to form a...

Published 05 Oct, 2020 02:38am

Asia

Cambodia says it razes US-built naval facility to move it

PHNOM PENH: Cambodia razed a US-built building on its largest naval base to allow for further expansion and will...

Published 05 Oct, 2020 02:38am

Europe

Tens of thousands march to support Belarus political prisoners

MINSK: Belarusian police on Sunday used water cannon to disperse protesters in the capital Minsk as tens of ...

Published 05 Oct, 2020 02:38am

President to visit Kuwait today

ISLAMABAD: President Dr Arif Alvi on Monday will undertake a visit to the State of Kuwait to offer condolences over...

Published 05 Oct, 2020 02:38am

Price hike made lives of people miserable: Marriyum

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Spokesperson Marriyum Aurangzeb said that inflation has increased...

Published 05 Oct, 2020 02:38am

Maryam held meeting with an Indian, alleges Gill

ISLAMABAD: Special Assistant to Prime Minister Imran Khan for political communication Shahbaz Gill claimed that...

Published 05 Oct, 2020 02:38am

Pakistan and army: People of Lahore rejected PML-N narrative: Gill

ISLAMABAD: Special Assistant to the Prime Minister Imran Khan for Political Communication Shahbaz Gill said that the...

Published 05 Oct, 2020 02:38am

'Rights of urban Sindh': MQM-P takes out Hyderabad March

HYDERABAD: Muttahida Qaumi Movement-Pakistan (MQM-P) in connection with ongoing province-wide protest campaign for...

Published 05 Oct, 2020 02:38am

Sindh reports 291 new Covid-19 cases

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 10813 samples were tested which detected 291 new...

Published 05 Oct, 2020 02:38am

Karachiites rejected ethnic hatred: Khuhro

KARACHI: Pakistan Peoples Party (PPP) Sindh chapter President Nisar Ahmed Khuhro on Sunday paid tribute to...

Published 05 Oct, 2020 02:38am

Seven drug dealers arrested

ISLAMABAD: Islamabad police nabbed seven important drug dealers, who peddled drugs within the country, and abroad,...

Published 05 Oct, 2020 02:38am

The Weather

KARACHI: The weather report on Sunday (October 4, 2020) and the forecast for Monday (October 5, 2020)....

Published 05 Oct, 2020 02:38am

Exchange

Agreement on new draft of APTTA likely this month

ISLAMABAD: An agreement is likely between Pakistan and Afghanistan on a new draft of Afghanistan, Pakistan Transit...

Updated 05 Oct, 2020 02:58am

India and South Africa ask WTO to waive rules to aid Covid-19 drug production

VIENNA: India and South Africa want the World Trade Organization (WTO) to waive intellectual property rules to make...

Updated 05 Oct, 2020 03:00am

Saudi business leader calls for boycott of goods from 'hostile' Turkey

RIYADH/ISTANBUL: The head of Saudi Arabia's Chambers of Commerce has called for a boycott of Turkish products amid...

Published 05 Oct, 2020 02:38am

Industry

Cineworld to close all US, UK and Irish screens

NEW YORK/LONDON: Cineworld, the world's second-biggest cinema operator, will close all its screens in the United...

Published 05 Oct, 2020 02:38am

Industry

Australia to spend more on jobs in budget based on Covid-19 vaccine

MELBOURNE: The Australian government said on Sunday it will earmark an additional A$1.2 billion ($859 million) in...

Published 05 Oct, 2020 02:38am

Rates.BR Index

Futures spread declined by 591bps

KARACHI: The futures spread declined by 591bps to 5.64 percent on the last day of the outgoing week. Trading...

Published 05 Oct, 2020 02:38am

Mutual Funds

KSE-100 Index plunges: BRIndex100 loses 190.49 points

KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended Oct 02, due to selling in...

Published 05 Oct, 2020 02:38am

Exchange

PML-N leaders misleading people: Shibli

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz said Pakistan Muslim League-Nawaz (PML-N)...

Published 05 Oct, 2020 02:38am

Exchange

SECP's directive to ICAP, ICMAP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the Institute of Chartered...

Published 05 Oct, 2020 02:38am

PM sees 2nd wave of Covid-19

ISLAMABAD: Prime Minister Imran Khan on Sunday advised the countrymen to wear face masks in public to avert the...

Published 05 Oct, 2020 02:38am

Umrah begins in Makkah after 7-month ban

MAKKAH: Makkah slowly stirred from a seven-month hibernation on Sunday as pilgrims trickled in after Saudi...

Published 05 Oct, 2020 02:38am

New Caledonia rejects full independence from France again

PARIS: The South Pacific archipelago of New Caledonia voted against independence from France on Sunday for the ...

Published 05 Oct, 2020 02:38am

Exchange

Increasing tax collection sans documentation impossible: Shabbar

ISLAMABAD: Increase in tax collection is impossible without documentation of the economy and currently three out of...

Published 05 Oct, 2020 02:38am

Azerbaijan says Armenia attacks city, threatens retaliation

BAKU/YEREVAN: Azerbaijan said on Sunday that Armenian forces had fired rockets at its second city of Ganja, killing...

Published 05 Oct, 2020 02:38am

Pope says free market, 'trickle-down' policies fail society

VATICAN CITY: Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market...

Published 05 Oct, 2020 02:38am

Illegal attachment of bank account: President confirms FTO order

ISLAMABAD: President Dr Arif Alvi has confirmed the Federal Tax Ombudsman (FTO) order to recover Rs450,000 cost and...

Published 05 Oct, 2020 02:38am

Trump's condition improving, received steroid

WASHINGTON: President Donald Trump's condition is improving as he is being treated for COVID-19 at a military...

Published 05 Oct, 2020 02:38am

Local bodies issue

EDITORIAL: While hearing the clubbed petitions of the Pakistan Tehreek-i-Insaaf (PTI), Muttahida Qaumi Movement ...

Published 05 Oct, 2020 02:38am

CPI inflation jumps to 9.04pc YoY in September

EDITORIAL: Inflation data released by the Pakistan Bureau of Statistics (PBS) reveals that consumer price index ...

Updated 06 Oct, 2020 02:11pm

Money & Banking

BAJK, DCL sign MoU

MIRPUR (AJK): Bank of Azad Jammu & Kashmir and Data Check Limited have signed a memorandum of understanding ...

Published 05 Oct, 2020 02:38am

Energy

US oil refiners look to leapfrog Canadians in making renewable diesel

WINNIPEG, (Manitoba)/NEW YORK: US oil refineries are moving aggressively to produce renewable diesel, partly to cash...

Published 05 Oct, 2020 02:38am

Industry

Veolia says it won't launch hostile bid for Suez

PARIS: French utility Veolia said on Sunday it would not launch a hostile bid for the remaining shares of rival ...

Published 05 Oct, 2020 02:38am

Industry

Indonesian parliamentary committee finishes deliberating contentious jobs bill

JAKARTA: Indonesia moved a step closer to passing President Joko Widodo's contentious "Job Creation" bill after...

Published 05 Oct, 2020 02:38am

Industry

Honda confirms 17th US death in Takata air bag rupture

WASHINGTON: Honda Motor Co said on Saturday it has confirmed a 17th US death tied to a faulty Takata air bag...

Published 05 Oct, 2020 02:38am

Cotton & Textile

Weekly Cotton Review: Trading volume, price witness increase trend

KARACHI: Cotton productions drop alarmingly by 10 lac bales. Annual production of cotton is estimated to be 86 lac...

Published 05 Oct, 2020 02:38am

AAJ PROGRAM SCHEDULE

Monday, October 05, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...

Published 05 Oct, 2020 02:38am

Rates.Banks

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

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

Published 05 Oct, 2020 02:38am

Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (September 28 to...

Published 05 Oct, 2020 02:38am

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	155.54
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 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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