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coronavirus crisis

Air France-KLM seeks to raise $2.4bn in new share issue

PARIS: Air France-KLM on Tuesday announced a bid to raise 2.26 billion euros ($2.4 bn) by issuing new shares, as the...

Published 24 May, 2022 01:35pm

World

UK Labour Party calls on Sunak to explain offshore trusts claim

LONDON: Britain’s opposition Labour Party called on finance minister Rishi Sunak on Saturday to respond to claims...

Published 10 Apr, 2022 05:49am

World

Coronavirus: Latest global developments

PARIS: Here are the latest developments in the coronavirus crisis: More than one million cases The number of daily...

Published 30 Dec, 2021 06:09pm

Business & Finance

BoE will have to act to contain inflation: Bailey

LONDON: Bank of England Governor Andrew Bailey sent a fresh signal on Sunday that the British central bank is ...

Published 18 Oct, 2021 04:59am

Business & Finance

Lufthansa launches $2.5bn capital increase to repay state bailout

FRANKFURT: Lufthansa said on Sunday it would launch a capital increase that was expected to raise 2.14 billion euros...

Published 20 Sep, 2021 05:23am

Opinion

No milk or water: Shoppers face shortages at UK grocery stores

The supply chain troubles caused by Brexit and the pandemic have been so bad for Satyan Patel that the shelves at ...

Published 09 Sep, 2021 03:56am

IMF's $650bn reserves distribution is 'shot in arm'

WASHINGTON: The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday,...

Published 24 Aug, 2021 05:12am

Business & Finance

German exports rise past pre-pandemic levels in June

BERLIN: German exports soared past pre-pandemic levels in June for the first time since the coronavirus crisis...

Published 10 Aug, 2021 04:39am

Markets

Demand doubts and dollar weigh on copper

LONDON: Copper prices fell to their lowest in more than two weeks on Monday as a firm dollar and demand worries...

Published 10 Aug, 2021 04:39am

Business & Finance

GCC economies expected to grow 2.2pc this year, says WB

DUBAI: Economies of the Gulf Cooperation Council (GCC) will likely grow at an aggregate 2.2% this year after a 4.8%...

Published 05 Aug, 2021 04:34am

Markets

Gold set for modest rally before easing in 2022

Prices of the metal, traditionally seen as a safe store of wealth, surged to record levels above $2,000 an ounce early in the coronavirus crisis but sagged as economies reopened.

Published 29 Jul, 2021 10:14pm

Business & Finance

ECB lifts Covid-era curbs on banks’ dividends

FRANKFURT: The European Central Bank said Friday it would end pandemic-era restrictions on banks’ payouts to...

Published 24 Jul, 2021 04:27am

Business & Finance

Inflation surge 'temporary': BIS

ZURICH: The recent inflation surge is most likely a "temporary" phenomenon, the Bank for International Settlements...

Published 30 Jun, 2021 03:54am

World health, IP, trade bodies launch Covid platform

GENEVA: The heads of the global health, IP and trade agencies on Thursday announced a joint platform to help countries plug the gaps in accessing Covid-19 vaccines, treatments and technologies.

Published 25 Jun, 2021 04:20am

Business & Finance

German business morale hits 3-year high on reopenings

FRANKFURT: German business confidence rose to a near three-year high in June, a key survey showed Thursday, buoyed ...

Published 25 Jun, 2021 04:20am

World

Child labour swells for first time in two decades: UN

But statistic modelling shows that number could potentially be more than five times higher, according to UNICEF statistics specialist Claudia Cappa, who co-authored the report.

Published 10 Jun, 2021 10:47am

Business & Finance

Global tax still far from becoming reality

The country has a 25 percent corporate tax rate which drops to 15 percent for high-tech companies.

Published 09 Jun, 2021 11:36am

Markets

Canada's TSX climbs above 20,000, loonie posts 6-year high as oil rallies

The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,014.70 before dipping to 20,000.12, up 1.4pc on the day.

Updated 01 Jun, 2021 11:01pm

World

'We are at war' with Covid, says UN chief

United Nations Secretary-General decried the "tsunami of suffering" sparked by the coronavirus crisis.

Published 24 May, 2021 03:36pm

Sports

Asia Cup cricket called off over new pandemic threat

The tournament was already held over from last year in Pakistan due to the pandemic.

Published 19 May, 2021 08:53pm

Business & Finance

German insolvencies fall further, new cases also ease

BERLIN: Corporate insolvencies in Germany fell by 21.8% on the year in February, the Federal Statistics Office said...

Updated 17 May, 2021 09:58am

Markets

Oil dips as pipeline outage fears ease, India weighs

Colonial aims to substantially restore operations by end-week.
COVID-19 outbreak hits India's fuel demand.
OPEC monthly report due 1120 GMT.

Published 11 May, 2021 04:27pm

Sports

IPL 'can't happen' in India while coronavirus rages: Ganguly

Ganguly said there was no way for the lucrative tournament to resume before India play the final of the World Test Championship against New Zealand in England on June 18.

Published 10 May, 2021 04:41pm

Business & Finance

Lloyds bank profit jumps as UK economy begins recovery

That compared with profit after tax of £480 million in the first three months of 2020.

Published 28 Apr, 2021 04:10pm

Markets

UBS Q1 profit up 14% as Switzerland's No. 1 bank unveils Archegos charge

First-quarter net profit of $1.824 billion overshot median expectations for $1.591 billion in a poll of 20 analysts compiled by the bank.

Published 27 Apr, 2021 12:16pm

World

Use Covid-19 lessons to battle deadly superbugs: WHO

The worldwide push to rein in the pandemic had proven that rapid progress can be made when there is enough political will, the WHO pointed out.

Published 15 Apr, 2021 05:16pm

Technology

Google unveils $2bn data hub in Poland

WARSAW: US tech giant Google on Wednesday launched a new cloud data hub in Warsaw — its first in Central and...

Updated 15 Apr, 2021 10:09am

Business & Finance

ECB should make clear its tolerance for overshooting inflation

The ECB has seen euro area inflation fall short of its near 2% target for eight years and expects to miss the target for years as the bloc emerges from the coronavirus crisis.
Nonetheless, he said there was room to improve guidance the ECB gives the market about how it aims to pursue its inflation target.

Published 13 Apr, 2021 08:43pm

Opinion

Two conservatives declare bids in race to succeed Merkel

The head of Chancellor Angela Merkel’s CDU party and its smaller Bavarian sister party both declared themselves...

Published 13 Apr, 2021 04:31am

World

Pope urges vaccines for poor in Easter message

The pope said it was "scandalous" that armed conflicts around the world had not ceased.

Published 04 Apr, 2021 06:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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