News Archives for Print - 2021-05-13

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Print - 2021-05-13

Experts blast early pandemic failures as India deaths top 250,000

GENEVA: An expert panel on Wednesday blamed bad coordination as well as dithering by national governments and...

Published 13 May, 2021 03:10am

EU predicts big economic turnaround as vaccinations ramp up

BRUSSELS: The EU on Wednesday sharply revised its growth forecasts for this year and next, saying an accelerated...

Published 13 May, 2021 03:10am

UK PM apologises ‘unreservedly’ for 1971 Northern Ireland attack

LONDON: The UK government apologised on Wednesday after 10 civilians were killed during violence in Northern Ireland...

Published 13 May, 2021 03:10am

US returns $452m in 1MDB funds to Malaysia

KUALA LUMPUR: The United States has returned $452 million to Malaysia related to the scandal-hit sovereign wealth...

Published 13 May, 2021 03:10am

Americans paying down debt at rapid pace

WASHINGTON: US consumers paid down credit card debt rapidly in the first quarter helped by government stimulus that...

Published 13 May, 2021 03:10am

Lavrov, Blinken agree to meet on 20th

MOSCOW: Russian Foreign Minister Sergei Lavrov and US Secretary of State Antony Blinken have agreed to hold talks on...

Published 13 May, 2021 03:10am

Millions at risk as cities fail to adapt to climate change

PARIS: Hundreds of cities have no climate adaptation plans in place despite rising threats like floods, heatwaves ...

Published 13 May, 2021 03:10am

Hong Kong legislature approves China loyalty laws

HONG KONG: Hong Kong’s opposition-devoid legislature approved new powers on Wednesday allowing the government to...

Published 13 May, 2021 03:10am

Austrian chancellor Kurz probed over lying to MPs

VIENNA: Austria’s Sebastian Kurz said Wednesday that he was being investigated over possible false statements to a...

Published 13 May, 2021 03:10am

Karadzic to serve genocide term in UK jail

LONDON: Former Bosnian Serb leader Radovan Karadzic, currently behind bars in The Hague, will serve the rest of his...

Published 13 May, 2021 03:10am

Republicans oust Trump critic Cheney from leadership

WASHINGTON: House Republicans voted Wednesday to oust conservative Liz Cheney, a fierce critic of Donald Trump, from...

Published 13 May, 2021 03:10am

The Weather

KARACHI: The weather report on Wednesday (May 12, 2021) and the forecast for Thursday (May 13, 2021)....

Published 13 May, 2021 03:10am

NASA’s giant Webb telescope succeeds in key pre-launch test

WASHINGTON: The world’s largest and most powerful space telescope unfolded its giant golden mirror for the last...

Published 13 May, 2021 03:10am

Tajikistan says eight killed in landslides

DUSHANBE: Tajikistan’s government said Wednesday that eight people had died and many properties were devastated in...

Published 13 May, 2021 03:10am

Female teachers face denial of their due HTS for 8 years

ISLAMABAD: 12 female teachers of Islamabad Capital Territory (ICT) Colleges facing denial of their due Higher Time...

Published 13 May, 2021 03:10am

Israeli terrorism: Governor urges Islamic countries to take action

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar has said that it is devastating my innocent Palestinians suffering...

Published 13 May, 2021 03:10am

Tourist attractions in KP: 4,260 vehicles stopped from entering districts

PESHAWAR: In order to implement ban imposed by National Command Operation Centre (NCOC) over entering of visitors to...

Published 13 May, 2021 03:10am

LWMC accelerates cleanliness operation

LAHORE: The Lahore Waste Management Company (LWMC) has accelerated its operational activities to clean the city...

Published 13 May, 2021 03:10am

KIIR seeks UNHCR intervention in freeing Kashmiri detainees

MIRPUR: Kashmir Institute of International Relations (KIIR) Chairman Altaf Hussain Wani has sought the intervention...

Published 13 May, 2021 03:10am

Eid special train project flopped

FAISALABAD: Railway headquarters’ Eid special train project flopped due to lack of interest of passengers. Due to...

Published 13 May, 2021 03:10am

Govt may impose health levy on cigarettes

ISLAMABAD: The government is expected to impose a health levy on cigarettes in the upcoming federal budget (2021-22)...

Published 13 May, 2021 03:10am

Corona positivity rate drops to 7.62pc in Punjab

LAHORE: The corona positivity rate in Punjab has declined to 7.62 percent from previous 8.95 percent, as out of...

Published 13 May, 2021 03:10am

Agricultural, fertilizers shops: Minister seeks CM’s approval for opening

KARACHI: Sindh Minister for Food and Minority Affairs, Hari Ram Kishori Lal, called on Sindh Chief Minister Syed...

Published 13 May, 2021 03:10am

PML-N MNA sent to jail on judicial remand

LAHORE: A city magistrate on Monday sent PML-N MNA Javed Latif to jail on judicial remand for six days as prosecutor...

Published 13 May, 2021 03:10am

Hajj won’t be suspended: KSA deputy minister

ISLAMABAD: Hajj-e-Baitullah will not be suspended this year as Saudi Arabian Government has been taking all possible...

Published 13 May, 2021 03:10am

Covid-19 lockdown: SBP should support SMEs, small traders: analyst

KARACHI: Economic & Financial Analyst Ateeq Ur Rehman has said that it is very difficult for Small Entrepreneurs...

Published 13 May, 2021 03:10am

Pakistan and Africa: the common thread

The strategic and resourceful importance of Africa for developed and developing nations around the globe is immense....

Published 13 May, 2021 03:10am

New US electric car chargers are a green leap of faith

It has been a long road for electric cars in the United States, but myriad announcements by major automakers signal...

Published 13 May, 2021 03:10am

Too cold to handle? Race is on to pioneer shipping of hydrogen

Hydrogen is touted as an inevitable green fuel of the future. Tell that to the people who’ll have to ship it ...

Published 13 May, 2021 03:10am

FPCCI, APRA demand reopening of restaurants, dine-in services

KARACHI: All Pakistan Restaurants Association (APRA) on Wednesday expressed deep concern over the closure of their...

Published 13 May, 2021 03:10am

Arabian Sea: Formation of tropical cyclone likely from 14th

KARACHI: The Met Office on Wednesday forecast the formation of a tropical cyclone in Arabian Sea from May 14....

Published 13 May, 2021 03:10am

Bilawal pays tribute to martyrs of May 12 massacre

KARACHI: Chairman Pakistan People’s Party (PPP) has paid rich tributes to the martyrs of May 12, 2007 massacre who...

Published 13 May, 2021 03:10am

TPL Life launches ‘Roshan Zindagi’ for NRPs & families

KARACHI: TPL Life has launched ‘Roshan Zindagi,’ a unique insurance plan designed to facilitate Non-Resident...

Published 13 May, 2021 03:10am

Eidul Fitr holidays last year showed 30pc spike in Covid-19 cases: CM

KARACHI: The number of cases had increased by 30 percent last year during Eid holidays said the Sindh Chief Minister...

Published 13 May, 2021 03:10am

Eid holidays: Zaidi promises to waive demurrage/detention charges

KARACHI: Federal Minister for Maritime Affairs Ali Haider Zaidi has committed to FPCCI President that...

Published 13 May, 2021 03:10am

Founder publisher and editor-in-chief of Moorad Shipping News passes away

KARACHI: Dawood Yousuf Moorad, founder publisher and editor-in-chief of Moorad Shipping News, passed away peacefully...

Published 13 May, 2021 03:10am

‘Robbers’ held at Karachi ATM released

KARACHI: In a turn of events, police on Wednesday released four people arrested from an ATM in the Bahadurabad...

Published 13 May, 2021 03:10am

Cabinet panel for placing Shehbaz’s name on ECL: Rashid

ISLAMABAD: Federal Minister for Interior, Shaikh Rashid Ahmed Wednesday said that a sub-committee of the cabinet has...

Published 13 May, 2021 03:10am

Green Line, Orange Line BRT: Chinese company to provide 100 new energy buses

BEIJING: Zhongtong, one of the earliest listed bus manufacturers in China has secured an order to provide 100 units...

Published 13 May, 2021 03:10am

One killed, three hurt in accident

PESHAWAR: One person killed and two other sustained injuries when a car rammed into a roadside residential boundary...

Published 13 May, 2021 03:10am

Martyred FC soldier laid to rest in Bara

PESHAWAR: A Frontier Corp (FC) soldier who had embraced martyrdom as result of opening firing on a check post by...

Published 13 May, 2021 03:10am

Federal Shariat Court CJ gets one-year extension

ISLAMABAD: The Federal Law Ministry has issued a notification of one-year extension in the service of Chief Justice...

Published 13 May, 2021 03:10am

PTV News to start digital transmission next month: Fawad

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Wednesday said PTV News would begin...

Published 13 May, 2021 03:10am

NCOC’s Eid guidelines: KP issues directives for implementation

PESHAWAR: The provincial government of Khyber Pakhtunkhwa Wednesday issued directives for the implementation of the...

Published 13 May, 2021 03:10am

Toll reaches 67 as another doctor dies of corona in KP

PESHAWAR: Another doctor in Khyber Pakhtunkhwa (KP) on Wednesday succumbed to coronavirus, raising the death toll of...

Published 13 May, 2021 03:10am

GCU Press begins publishing research journals

LAHORE: The Government College University Press has started publishing academic journals and other university...

Published 13 May, 2021 03:10am

‘Lahore Police active in enforcing corona SOPs’

LAHORE: DIG Operations Lahore Sajid Kayani said that Lahore Police is active in maintaining law and order in the ...

Published 13 May, 2021 03:10am

Atrocities against Palestinians intolerable: Aleem

LAHORE: Senior Minister Punjab Abdul Aleem Khan has termed the atrocities against unarmed and innocent Palestinians...

Published 13 May, 2021 03:10am

Four arrested for supplying ‘toxic liquor’ to market

LAHORE: The city police claimed on Wednesday to have busted a four-member gang of alleged criminals supplying toxic...

Published 13 May, 2021 03:10am

Vanity number plates: Excise dept seeks approval

LAHORE: Department of Excise and Taxation Punjab has dispatched a summary to the Secretary Excise to install vanity...

Published 13 May, 2021 03:10am

Pakistan retains fifth spot in latest ICC Test team rankings

LAHORE: After the sixth consecutive series win, Pakistan have retained fifth spot in the latest ICC Test team...

Published 13 May, 2021 03:10am

Israeli aggression: CM seeks world community’s intervention

LAHORE: Slamming the Israeli’s bombardment and missile attack on Gaza, Chief Minister Sardar Usman Buzdar has ...

Published 13 May, 2021 03:10am

PPP demands rehabilitation of hospital

LAHORE: Parliamentary leader of Pakistan Peoples Party (PPP) in Punjab Assembly Syed Hassan Murtaza has demanded...

Published 13 May, 2021 03:10am

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 13 May, 2021 03:10am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Wednesday (May 12, 2021)....

Published 13 May, 2021 03:10am

Rates.LME

LME official prices

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

Published 13 May, 2021 03:10am

Stocks

FTSE 100 climbs on strong earnings, GDP

LONDON: London’s FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including...

Published 13 May, 2021 03:10am

Stocks

Australian, NZ shares slip

SYDNEY/WELLINGTON: Australian shares fell on Wednesday, dragged down by financials and miners, as global investors...

Published 13 May, 2021 03:10am

Stocks

US stocks down as inflation jitters spark broad sell-off

NEW YORK: US stocks closed lower on Tuesday as rising commodity prices and labour shortages fed fears that despite...

Published 13 May, 2021 03:10am

Stocks

Wednesday’s early trade: Top indexes fall on strong inflation data

NEW YORK: Wall Street’s major indexes fell on Wednesday after stronger-than-expected inflation data stoked worries...

Published 13 May, 2021 03:10am

Stocks

China shares jump most in over 3 weeks

SHANGHAI: China shares ended higher on Wednesday, rising the most in more than three weeks, with agriculture and...

Published 13 May, 2021 03:10am

Stocks

European stocks rise

AMSTERDAM/LONDON: European stocks rose on Wednesday, led by a charge in energy shares as oil prices hit two-year...

Published 13 May, 2021 03:10am

Stocks

Japanese shares down

TOKYO: Japanese stocks ended lower on Wednesday, tracking an extended sell-off in Asian shares, as investors...

Published 13 May, 2021 03:10am

Energy

UAE to help Sudan secure all petroleum needs through flexible agreement

KHARTOUM: The United Arab Emirates has committed to supplying Sudan’s full requirements of petroleum products...

Published 13 May, 2021 03:10am

Semi Annual Review: Pakistan now has weight of 0.023pc in MSCI EM Standard Index

KARACHI: The Morgan Stanley Capital International (MSCI) has announced the outcome of its Semi Annual Review, ...

Published 13 May, 2021 03:10am

Afghan forces fight to recapture Taliban-held district

KABUL: Afghan security forces mounted an operation to recapture a Taliban-held district outside the capital Kabul on...

Published 13 May, 2021 03:10am

Senior Hamas commander martyred

GAZA/OCCUPIED JERUSALEM: Israel said it killed 16 members of the Hamas armed wing in Gaza in a barrage on Wednesday...

Published 13 May, 2021 03:10am

Work on 88pc Karot project completed: Asim Bajwa

ISLAMABAD: chairman China-Pakistan Economic Corridor (CPEC) Authority, Lt Gen Asim Saleem Bajwa (Retd) Wednesday ...

Published 13 May, 2021 03:10am

COAS reiterates sincere support to Afghan peace process

ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Wednesday said Pakistan sincerely supported the...

Published 13 May, 2021 03:10am

Direct delivery of Uzbek export goods: Pilot trans-Afghan logistics project implemented

ISLAMABAD: The Embassy of Uzbekistan in Pakistan together with Pakistani transport company "Best Trans Pvt Ltd" and...

Published 13 May, 2021 03:10am

‘False’ claims of moon sighting not a wise approach: Fawad

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Wednesday said “there was no...

Published 13 May, 2021 03:10am

Letters

Growing hostility against China

(KARACHI) The European Union has taken certain steps to what it says guard against economic competition from China...

Published 13 May, 2021 03:10am

Commodities

US MIDDAY: Gold fizzles out as yields, dollar gain

NEW YORK: Gold fell 1% in choppy trading on Wednesday, en route to snap a five-session-long winning streak, after...

Published 13 May, 2021 03:10am

Commodities

US MIDDAY: Soyabeans surge near 9-year high

SINGAPORE/PARIS: Chicago soyabeans climbed more than 1.5% on Wednesday to their highest in nearly nine years, as...

Published 13 May, 2021 03:10am

Commodities

Gold slips in Europe

AMSTERDAM/LONDON: Gold prices fell in choppy trading on Wednesday after April’s jump in US consumer prices gave a...

Published 13 May, 2021 03:10am

Commodities

Gold prices edge lower in Asia

SINGAPORE: Gold prices edged lower in Asian trade on Wednesday, dragged down by higher US Treasury yields ahead of ...

Published 13 May, 2021 03:10am

Commodities

Raw sugar hits 2-1/2-month high as ethanol prices soar

LONDON: Raw sugar futures on ICE hit their highest in 2-1/2 months on Wednesday amid soaring ethanol prices, ...

Published 13 May, 2021 03:10am

Commodities

China steel and iron ore strike new highs, analysts warn of risks

BEIJING: Most Chinese ferrous futures contracts, including Shanghai hot rolled coils and Dalian iron ore, ended at...

Published 13 May, 2021 03:10am

Commodities

Chinese edible oils at multi-year highs

SHANGHAI: Chinese edible oil futures rallied to multi-year highs on Wednesday ahead of a US report on global...

Published 13 May, 2021 03:10am

Commodities

Palm oil climbs 4pc to record high

KUALA LUMPUR: Malaysian palm oil futures ended 4% higher on Wednesday to hit a record peak of 4,524 ringgit...

Published 13 May, 2021 03:10am

Commodities

Tokyo rubber futures up

TOKYO: Japanese rubber futures rose on Wednesday, reversing earlier losses, as they took their cue from the Shanghai...

Published 13 May, 2021 03:10am

Commodities

Chongqing Shunbo eyes $868m aluminium base in Anhui

BEIJING: China’s Chongqing Shunbo Aluminum Co, a maker of recycled aluminium products, said on Wednesday it ...

Published 13 May, 2021 03:10am

Energy

Oil prices on track for eight-week high on demand hopes

NEW YORK: Oil prices rose more than 1% on Wednesday, putting the contracts on track for their highest close in ...

Published 13 May, 2021 03:10am

Commodities

Copper clings to gains near record high on demand hopes

LONDON: Copper hovered near record highs on Wednesday as expectations of strong demand in a lower carbon economy and...

Published 13 May, 2021 03:10am

Commodities

EU wheat eases, rapeseed hits new high

PARIS: Euronext wheat edged lower on Wednesday as cereal markets consolidated after a recent rally and traders...

Published 13 May, 2021 03:10am

Cotton & Textile

New York cotton

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

Published 13 May, 2021 03:10am

Commodities

Money & Banking

Commerzbank beats expectations

FRANKFURT: Germany’s second-largest lender Commerzbank on Wednesday turned in a solid first-quarter performance,...

Published 13 May, 2021 03:10am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 28	254.63
Diesel/Litre / Apr 28	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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