News Archives for Print - 2021-05-12

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Print - 2021-05-12

Pfizer shot gets US drug regulator nod for 12-15 year olds as India outbreak rages

WASHINGTON: The United States drug regulator authorized the Pfizer-BioNTech vaccine for children aged 12-15 as the...

Updated 12 May, 2021 10:26am

India PM won't attend UK G7 in person

NEW DELHI: Prime Minister Narendra Modi will not attend the G7 Summit in the UK in person, the Indian government ...

Updated 12 May, 2021 10:26am

Renewable energy powers ahead in 2020

PARIS: Renewable energy grew at its fastest rate in two decades, driven primarily by gains in China and wind power,...

Updated 12 May, 2021 10:26am

Germany halts Facebook sharing WhatsApp data

BERLIN: A German regulator on Tuesday slapped a three-month ban on Facebook collecting user data from WhatsApp...

Updated 12 May, 2021 10:26am

US Afghanistan pullout proceeding steadily: Pentagon

WASHINGTON: The US military's withdrawal from Afghanistan is proceeding steadily toward President Joe Biden's...

Updated 12 May, 2021 10:26am

Security cordon eased in front of White House

WASHINGTON: Closed to the public and ringed by metal fencing for nearly a year, the park in front of the White House...

Updated 12 May, 2021 10:26am

Greensill boss takes full responsibility for collapse

LONDON: Australian financier Lex Greensill on Tuesday took full responsibility for the collapse of his finance group...

Updated 12 May, 2021 10:26am

Queen returns to public stage with UK govt's new agenda

LONDON: Queen Elizabeth II outlined her government's post-pandemic legislative agenda as she opened a new session of...

Updated 12 May, 2021 10:26am

Some US states ending extra unemployment benefits

WASHINGTON: A handful of US states announced they will end extra unemployment benefits provided by the federal...

Updated 12 May, 2021 10:26am

OIC envoys slam Israel’s ‘brutal’ use of force

UNITED NATIONS: Ambassadors of member states of the Organization of Islamic Cooperation (OIC) Monday unequivocally...

Updated 12 May, 2021 10:26am

Pakistan faces acute shortage of nurses: experts

KARACHI: Pakistan’s nurses and midwives are playing a vital role on the frontlines of the Covid-19 third wave...

Published 12 May, 2021 04:23am

‘Saudi support of $500m will help develop projects’

LAHORE: The Kingdom of Saudi Arabia’s commitment for provision of $500 million funds will help develop...

Updated 12 May, 2021 10:26am

Visit of PM to Saudi Arabia termed successful

LAHORE: Terming the recent visit of Prime Minister Imran Khan to Saudi Arab as successful in all respect, Senior...

Updated 12 May, 2021 10:26am

Pakistan seeks UNSC collaboration to help conflict-hit states

UNITED NATIONS: Pakistan has called for greater collaboration between United Nations Security Council and UN...

Updated 12 May, 2021 10:26am

Shamshad Akhtar elected PICG chairperson

KARACHI: Dr. Shamshad Akhtar, a former governor of the State Bank of Pakistan (SBP), has been elected chairperson of...

Updated 12 May, 2021 10:26am

Chicken price at all-time high

LAHORE: There seems to be no respite for chicken meat consumers as its prices on Tuesday reached an all-time high at...

Updated 12 May, 2021 10:27am

Lahore NAB to challenge Shehbaz’s bail in SC

LAHORE: The National Accountability Bureau (NAB) Lahore has decided to approach the Supreme Court of Pakistan to...

Updated 12 May, 2021 10:27am

Punjab reports 1,486 fresh Covid-19 cases, 67 deaths

LAHORE: There is no let up in coronavirus spread and causalities, as more 67 more fatalities including 43 in Lahore...

Updated 12 May, 2021 10:27am

Fight against the 3rd wave of Covid-19: PCJCCI urges govt to follow China’s techniques

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has urged the government to follow China’s ...

Updated 12 May, 2021 10:27am

CM approves vaccination of journalists across Punjab

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Tuesday approved recommendations of the Cabinet Committee for...

Updated 12 May, 2021 10:27am

Pak-Saudi ties to be vital milestone for peace in region: Sarwar

LAHORE: Terming the Saudi investment as a reflection of their confidence in government policies, Punjab Governor...

Updated 12 May, 2021 10:27am

Minister condemns attack on Al-Aqsa mosque

LAHORE: Provincial Minister for Human Rights and Minorities Affairs Ejaz Alam Augustine has strongly condemned...

Updated 12 May, 2021 10:27am

Punjab govt to strictly enforce lockdown on Eid

LAHORE: The Punjab government has decided to strictly enforce the lockdown to restrict the movement of people on the...

Updated 12 May, 2021 10:27am

PCB chief felicitates cricket team on sixth consecutive series win

LAHORE: Felicitating the Pakistan men’s cricket team on their sixth consecutive series win, Pakistan Cricket Board...

Updated 12 May, 2021 10:27am

TEVTA chairperson announces new board of governors

LAHORE: Chairperson Technical Education and Vocational Training Authority (TEVTA) Ali Salman Siddique has said that...

Updated 12 May, 2021 10:27am

PM achieves rice bags in Saudi charity: Bilawal

LARKANA: Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari Tuesday stated that the enemy of the people ...

Updated 12 May, 2021 10:27am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 12 May, 2021 04:23am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Tuesday (May 11, 2021)....

Published 12 May, 2021 04:23am

Rates.LME

LME official prices

LONDON: The following were Monday official prices....

Published 12 May, 2021 04:23am

The Weather

KARACHI: The weather report on Tuesday (May 11, 2021) and the forecast for Wednesday (May 12, 2021)....

Published 12 May, 2021 04:23am

Stocks

UK shares drop the most in 7 months

LONDON: British stocks clocked their worst day since late October on Tuesday after a sudden drop in big US tech...

Published 12 May, 2021 04:23am

Stocks

Australian, NZ shares down

SYDNEY/WELLINGTON: Tech stocks dragged Australian shares lower on Tuesday, in line with broader Asian markets, as...

Published 12 May, 2021 04:23am

Stocks

Indian shares down

BENGALURU: Indian shares snapped a four-session rally on Tuesday as financial and IT stocks slid amid worries that a...

Published 12 May, 2021 04:23am

Stocks

Wall Street down

NEW YORK: Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth...

Published 12 May, 2021 04:23am

Stocks

Tuesday's early trade: Inflation fears push S&P to one-month low

NEW YORK: Wall Street's main indexes fell for a second straight session and the S&P 500 hit a one-month low on...

Published 12 May, 2021 04:23am

Stocks

China stocks surge

SHANGHAI: China stocks ended firmer on Tuesday, underpinned by gains in consumer and healthcare firms, after data...

Published 12 May, 2021 04:23am

Stocks

European stocks mark worst sell-off this year

AMSTERDAM/LONDON: European stocks tumbled from all-time highs on Tuesday, with the travel, retail and technology...

Published 12 May, 2021 04:23am

Stocks

Japanese shares tumble

TOKYO: Japanese shares tumbled on Tuesday, dragged down by technology stocks tracking overnight Wall Street losses,...

Published 12 May, 2021 04:23am

‘Drip irrigation may boost cotton, sugarcane production’

BEIJING: “The climate of Pakistan is very similar to that of Southern Xinjiang, especially Aksu. The drip...

Published 12 May, 2021 04:23am

Controlling street crimes top priority: Karachi police chief

KARACHI: Newly appointed Additional Inspector General of Police - Karachi Imran Yaqoob Minhas Tuesday ordered to...

Updated 12 May, 2021 10:27am

FBAATI sets up vaccination centre for its workers

KARACHI: Federal B Area Association of Trade and Industry (FBAATI) set up a vaccination centre for FBAATI ...

Updated 12 May, 2021 10:27am

Cultural Heritage Protection: China, Pakistan, Afghanistan sign cooperation accords

BEIJING: China, Pakistan and Afghanistan on Tuesday co-signed the first Asian bilateral cooperation agreements on...

Updated 12 May, 2021 10:27am

Embassies abroad to support investment in Fiedmc: Qureshi

FAISALABAD: Foreign Minister Shah Mehmood Qureshi said embassies abroad will extend full support for investment in...

Updated 12 May, 2021 10:27am

Pak-Iran freight train service restored

CHAGAI: The goods train service between Pakistan and Iran has been restored after remaining suspended for seven ...

Updated 12 May, 2021 10:27am

Amazing e-Commerce opportunities

Amazon, the e-Commerce giant, has recently added Pakistan to its approved sellers list, making it the 102nd country...

Published 12 May, 2021 04:23am

Improving value-added exports: some suggestions

A new team has taken over the Ministry of Finance in Islamabad. Let us hope they will be more amenable to issues...

Published 12 May, 2021 04:23am

The US state with the most detailed corporate diversity disclosures

Aerospace company Boeing Co was explicit, naming who among its dozen directors were women, Asian and African...

Published 12 May, 2021 04:23am

Letters

Finance minister Tarin working harder

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable...

Published 12 May, 2021 04:23am

Commodities

US MIDDAY: Gold prices muted

NEW YORK: Gold prices were subdued on Tuesday as rising US Treasury yields countered support from a weaker dollar ...

Published 12 May, 2021 04:23am

Commodities

US MIDDAY: Soyabean futures top $16 since 2012

PARIS/SINGAPORE: Chicago Board of Trade soyabean futures jumped 1.8% on Tuesday, surging above $16 a bushel for the...

Published 12 May, 2021 04:23am

Energy

Asia naphtha, gasoline cracks weaken

SINGAPORE: Asia’s naphtha and gasoline cracks slipped on Tuesday, weighed down by rising supplies and weakening...

Published 12 May, 2021 04:23am

Cotton & Textile

Cotton dips on West Texas rain possibility; WASDE eyed

NEW YORK: ICE cotton futures extended their losing streak to a third session on Tuesday on expectations for rainfall...

Published 12 May, 2021 04:23am

Cotton & Textile

New York cotton

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

Published 12 May, 2021 04:23am

Energy

Oil prices rise on nagging fears of fuel shortages

NEW YORK: Oil prices settled higher on Tuesday, as lingering fears of gasoline shortages due to an outage at the...

Published 12 May, 2021 04:23am

Media policy, corporal punishment rules, MC loan approved: Sindh cabinet slams NAB letter seeking domicile-wise employees' data

KARACHI: The provincial cabinet in its around five-hour session condemned the letter written by the National...

Updated 12 May, 2021 10:27am

Weeklong Eid holidays: Traders demand security of closed markets

KARACHI: The traders and business community jointly demanded strict security and monitoring of markets during Eid...

Updated 12 May, 2021 10:27am

Countrywide rain likely during Eid holidays

KARACHI: The Met Office on Tuesday forecast countrywide rains during the Eidul Fitr holidays. It said the present...

Updated 12 May, 2021 10:27am

Two cops martyred in Mastung gun attack

MASTUNG: Two law enforcement personnel embraced martyrdom in a gun attack by militants in Mastung on Tuesday....

Updated 12 May, 2021 10:27am

Eid shopping: Govt urged to allow businesses to open for two days

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has urged Sindh government to have mercy on the...

Updated 12 May, 2021 10:27am

Mega-scheme for Karachi: Sindh govt releases Rs1.578bn

KARACHI: Sindh government released Rs 1.578 billion under the head of mega-projects Karachi by the end of first week...

Updated 12 May, 2021 10:28am

SITE body urges govt to take notice of robbery incidents

KARACHI: President, SITE Association of Industry, Abdul Hadi has urged Sindh chief minister Syed Murad Ali Shah, IG...

Updated 12 May, 2021 10:28am

Minimum pension to reservist: SC turns down LHC judgment

ISLAMABAD: The Supreme Court Tuesday turned down the Lahore High Court judgment to pay minimum pension to the...

Updated 12 May, 2021 10:28am

Renovation project of waste heat recovery power plant: Lucky Cement, Chinese energy-saving company sign agreement

BEIJING: An agreement on a renovation project of a waste heat recovery power plant was signed between China Sinoma...

Updated 12 May, 2021 10:28am

Covid-19: ICUs, HDUs fully occupied at LUMHS Hyderabad, Jamshoro

HYDERABAD: ICUs and HDUs in Jamshoro and Hyderabad branches of LUMHS have been fully occupied with Covid-19 patients...

Updated 12 May, 2021 10:28am

Pakistan condemns air strikes by Israel on Gaza

ISLAMABAD: Pakistan on Tuesday strongly condemned the air strikes by Israel in Gaza that resulted in deaths and...

Updated 12 May, 2021 10:28am

NAB for placing Shehbaz's name on ECL

LAHORE: National Accountability Bureau (NAB) has decided to get place the name of opposition leader in National...

Updated 12 May, 2021 10:28am

RCCI welcomes completion of Ring Road inquiry report

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Tuesday welcomed the completion of the inquiry...

Updated 12 May, 2021 10:28am

Elections Act, 2017: FAFEN urges govt to desist from introducing changes

ISLAMABAD: The Free and Fair Election Network (FAFEN) has urged the government to desist from any haste in...

Updated 12 May, 2021 10:28am

Bid to smuggle Rs9.4m electronic goods from UAE foiled

KARACHI: Model Customs Collectorate (MCC) Airport on Tuesday claimed to have foiled an attempt to smuggle electronic...

Updated 12 May, 2021 10:28am

AAJ PROGRAM SCHEDULE

Wednesday, May 12, 2021 TIMING PROGRAM TITLE 06:00 VOA (VIEW-360) 06:25 HEADLINE NEWS 06:30 NEWS BULLETIN 06:55...

Published 12 May, 2021 04:23am

Money & Banking

Sterling steadies above $1.41

LONDON: Sterling steadied above $1.41 on Tuesday after posting its best day against a weakening dollar at the start...

Updated 12 May, 2021 10:16am

Money & Banking

Euro climbs in Europe

LONDON: The euro rose on Tuesday, hovering just below a 2-1/2 month high hit in the previous session, after data...

Updated 12 May, 2021 10:16am

Money & Banking

Early trade in New York: Dollar hits fresh 10-week lows

NEW YORK: The US dollar dropped to a fresh 2-1/2-month low on Tuesday as investors bet that rising inflation could...

Updated 12 May, 2021 10:16am

Money & Banking

Aussie, kiwi ride commodity wave

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near 10-week highs on Tuesday as strength in global...

Updated 12 May, 2021 10:16am

Money & Banking

South African rand hits new high

JOHANNESBURG: South Africa's rand touched a 16-month high against the dollar on Tuesday afternoon, helped by...

Updated 12 May, 2021 10:16am

Industry

Call for extending relief to local auto industry

LAHORE: While the public was waiting to benefit from appreciation of Pak rupee against dollar in terms of home...

Updated 12 May, 2021 10:16am

Shehroze becomes youngest Pakistani to scale the Mount Everest

ISLAMABAD: Shehroze Kashif on Tuesday became the youngest Pakistani to summit the Mount Everest, the world’s...

Updated 12 May, 2021 10:28am

Eidul Fitr in Saudi Arabia on Thursday

KARACHI: The Supreme Court of Saudi Arabia confirmed that the first day of Eidul Fitr would be on Thursday, May 11....

Updated 12 May, 2021 10:28am

President summons NA session on 17th

ISLAMABAD: President Dr Arif Alvi has summoned a session of the National Assembly on May 17. The session will be...

Updated 12 May, 2021 10:28am

Hudaibiya Mills case ‘bigger’ than Panama scam: Fawad

ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Chaudhry on Tuesday said Hudaibiya Papers Mills...

Updated 12 May, 2021 10:28am

Former UK ambassador jailed over Salmond trial blogs

EDINBURGH: A British former ambassador was sentenced to eight months in jail on Tuesday over online posts about the...

Updated 12 May, 2021 10:28am

US welcomes Taliban announcement of ceasefire

WASHINGTON: The United States welcomed the Taliban's announcement of a three-day ceasefire over this week's Eid...

Updated 12 May, 2021 10:28am

Buzbee to head Washington Post

WASHINGTON: The Washington Post named Sally Buzbee, a veteran journalist with the Associated Press, as executive...

Updated 12 May, 2021 10:28am

Work on Tarbela 5th Extension Project to start in July: Wapda

LAHORE: Chairman Pakistan Water and Power Development Authority (Wapda) Lt Gen Muzammil Hussain (Retd) said on...

Updated 12 May, 2021 10:28am

Sisi green-lights Suez canal expansion after ship blockage

CAIRO: Egyptian President Abdel Fattah al-Sisi approved Tuesday the widening and deepening of the southern part of...

Updated 12 May, 2021 10:28am

Nine killed, many wounded in Russian school shooting

MOSCOW: Nine people, including seven children, were killed on Tuesday and many more badly wounded after a lone...

Updated 12 May, 2021 10:28am

Withdrawal of GSP plus status by EU: PRGMEA urges PM, Adviser to help save ‘$3bn’ exports

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) on Tuesday has appealed to the...

Updated 12 May, 2021 10:28am

Exports to Saudi Arabia increased by 3.57pc in 9 months

ISLAMABAD: Pakistan's exports of goods and services to Saudi Arabia has witnessed an increase of 3.57 percent during...

Updated 12 May, 2021 10:16am

Vaccines: intellectual property rights

EDITORIAL: US President Joe Biden’s decision to support the call to waive intellectual property rights (IPRs) for...

Published 12 May, 2021 04:23am

Protecting journalists

EDITORIAL: The federal cabinet has finally given its go-ahead to “Protection of Journalists and Media ...

Published 12 May, 2021 04:23am

Commodities

Gold slips in Europe

AMSTERDAM/LONDON: Gold prices fell on Tuesday, weighed by rising US Treasury yields, but the decline was capped by a...

Published 12 May, 2021 04:23am

Commodities

Gold prices down in Asia

SINGAPORE: Gold prices inched lower in Asian trade on Tuesday as a rebound in dollar dented the metal’s appeal,...

Published 12 May, 2021 04:23am

Commodities

Raw sugar touches 2-1/2 month high

LONDON: Raw sugar futures on ICE hit their highest in 2-1/2 months on Tuesday, jumping above 18 cents per lb on...

Published 12 May, 2021 04:23am

Commodities

Palm oil ends lower for second day

KUALA LUMPUR: Malaysian palm oil futures fell for a second straight day on Tuesday, as pressure from rising...

Published 12 May, 2021 04:23am

Commodities

Copper bounces back as bullish investors bet on shortages

LONDON: Copper prices rebounded on Tuesday as investors renewed their buying spree, hoping that supply constraints...

Published 12 May, 2021 04:23am

Commodities

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 31	255.63
Diesel/Litre / Mar 31	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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