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 / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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