News Archives for World - 2020-09-17

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World - 2020-09-17

USA

US weekly jobless claims decline slightly to 860,000: govt

However the insured unemployment rate among people eligible for benefits fell 0.7 points to 8.6 percent.

Published 17 Sep, 2020 11:37pm

ByteDance's bid to keep most of TikTok faces major hurdles

ByteDance has submitted a plan to U.S. officials for it to keep a majority stake in TikTok's global business and create headquarters for TikTok in the United States

Published 17 Sep, 2020 09:03pm

South Asia

Dozens killed in fighting as Afghan peace talks continue

Peace talks commenced on Saturday after months of delay over a contentious prisoner swap between the two sides.

Published 17 Sep, 2020 08:37pm

USA

US weekly jobless claims decline slightly to 860,000

Nearly 29.8 million people continued to receive some form of government aid through the week ended August 29.

Published 17 Sep, 2020 08:35pm

Middle East

Israel closes schools again as COVID-19 cases surge

The initial lockdown was imposed in late March and eased in May, when the number of new cases dropped to about 20 a day.
The new lockdown, due to last three weeks, coincides with the start of the Jewish New Year, Rosh Hashana, traditionally a time for large family gatherings.

Published 17 Sep, 2020 08:13pm

Europe

Germany pushes up 2021 debt plans to nearly 100bn euros

The pandemic plunged Europe's largest economy into its deepest recession on record in the first half of the year.
The step would require another suspension of Germany's constitutionally enshrined debt limits after Berlin already abandoned them this year.

Updated 17 Sep, 2020 07:56pm

USA

White House suggests Congress pass standalone bill to help US airlines

Suggesting lawmakers approve a separate assistance package for the struggling corporations.
Congress has been deadlocked over approving another round of economic stimulus to blunt the effects of the coronavirus pandemic.

Published 17 Sep, 2020 07:25pm

Europe

Erdogan lashes out at 'incapable' Macron

France has long been suspected of favouring Haftar but officially denies this.

Published 17 Sep, 2020 07:02pm

Europe

Barnier, Frost meet as UK Brexit bill raises hackles

The negotiators meet as Johnson refuses to back down on controversial new legislation.

Published 17 Sep, 2020 06:46pm

USA

Obama says book coming in November two weeks after election

*The book will reveal Obama's thoughts during the global financial crisis.

Published 17 Sep, 2020 06:42pm

Europe

New restrictions for northeast England as virus cases surge

Johnson vowed to "continue to ramp it up" and has promised to have the capacity to test 500,000 people a day in place by October.

Published 17 Sep, 2020 06:40pm

Exchange

Yemen prisoner swap talks postponed to Friday: govt source

The two sides have since made sporadic prisoner swaps, but the release of 900 loyalists in exchange for 520 insurgents.

Published 17 Sep, 2020 06:29pm

Biden warns UK on Brexit: No trade deal unless you respect N. Irish peace pact

US Congress official also cautions Johnson on a trade deal.
British prime minister worried about 'abusive' EU.
EU negotiator Barnier still hopes for a deal – sources.
Societe Generale sees 80% probability of a no deal.

Published 17 Sep, 2020 06:25pm

South Asia

Coronavirus epicentre Wuhan re-opens for international flights

China still bans most foreigners from entering and those allowed have to undergo two weeks of quarantine.

Published 17 Sep, 2020 06:23pm

Africa

S.Africa bids farewell to 'hero' George Bizos, Mandela's lawyer

Bizos arrived in South Africa as a 13-year-old war refugee from Greece and trained as a lawyer.

Published 17 Sep, 2020 06:21pm

Europe

UK bids to reassure over N.Ireland after Biden warning

Mike Pompeo voiced confidence that Britain would find a "good outcome" in its standoff with the EU.

Published 17 Sep, 2020 06:18pm

'Wake-up' call in Europe as virus surges back

WHO Europe said the UN health body would not change its guidance calling for a 14-day quarantine period.

Published 17 Sep, 2020 06:17pm

USA

US weekly jobless claims stuck at higher levels

Initial claims for state unemployment benefits totaled a seasonally adjusted 860,000 for the week ended Sept. 12, compared to 893,000 in the prior week.
Fed Chair Jerome Powell said more fiscal support was likely to be needed, adding that though the labor market has improved "substantially" it was "a long way from maximum employment."

Published 17 Sep, 2020 05:54pm

Europe

Britain will seek to use treaty breaching powers if EU acts in bad faith

The government is attempting to pass new laws ensuring free trade between Britain's nations.
Johnson reached a compromise with rebels, promising to consult parliament before using the powers.

Published 17 Sep, 2020 05:49pm

Head of Libya's Tripoli government says he wants to quit

Decision could feed political tensions in Tripoli amid new efforts to find a political solution to the country's conflict

Published 17 Sep, 2020 03:41pm

Exchange

Chinese soldiers set up loudspeakers, play Punjabi songs for Indian troops at Finger-4

India said China is indulging in such drama to distract Indian troops.

Published 17 Sep, 2020 12:29pm

Belarus opposition leader is US protege: Russia spy chief

MOSCOW: Russia's foreign intelligence chief on Wednesday accused the United States of protecting Belarus opposition...

Published 17 Sep, 2020 02:30am

Covid-19 nurse deaths in the thousands: federation

GENEVA: More than a thousand nurses are known to have died worldwide due to Covid-19, the International Council of...

Published 17 Sep, 2020 02:30am

India virus cases soar as EU warns against 'vaccine nationalism'

NEW DELHI: Coronavirus infections in India soared past five million on Wednesday, as the EU's chief warned against...

Published 17 Sep, 2020 02:30am

Uber safety driver in autonomous car charged

WASHINGTON: An Uber safety driver at the wheel of an autonomous car during a 2018 accident in Arizona that killed a...

Published 17 Sep, 2020 02:30am

Trump posts faked video of Biden playing anti-police song

WASHINGTON: US President Donald Trump, who is trying to persuade voters that his challenger Joe Biden will encourage...

Published 17 Sep, 2020 02:30am

North Korean hackers in league with Russian cybercriminals: researchers

WASHINGTON: North Korean hackers are probably working with Russian-speaking cybercriminals on ransomware and other...

Published 17 Sep, 2020 02:30am

Currency

US announces charges against Chinese, Malaysian hackers

WASHINGTON: The US Justice Department on Wednesday announced charges against five Chinese nationals and two...

Published 17 Sep, 2020 02:30am

Cyprus president ready for talks 'without threats' in Turkey row

ATHENS: Cyprus is ready to talk with Turkey to resolve differences in a dispute over Mediterranean drilling rights,...

Updated 17 Sep, 2020 03:15am

Congressional report blames Boeing, FAA for MAX crashes

NEW YORK: Congressional investigators blamed two deadly Boeing 737 MAX crashes on "repeated and serious failures" by...

Published 17 Sep, 2020 02:30am

Fading fiscal stimulus crimping US consumer spending

WASHINGTON: US consumer spending slowed in August, with a key retail sales gauge unexpectedly declining, as extended...

Published 17 Sep, 2020 02:30am

Brussels chief urges EU to step up for migrants

BRUSSELS: EU chief Ursula von der Leyen on Wednesday urged member state governments to work together to handle...

Published 17 Sep, 2020 02:30am

EU chief pledges green recovery from corona crisis

BRUSSELS: EU chief Ursula von der Leyen vowed Wednesday that Europe would lead the global search for a coronavirus...

Published 17 Sep, 2020 02:30am

Global recession not as deep as expected: OECD

Currency

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 1	277.78
USD PKR Interbank Buying / Oct 1	277.53
USD to Japanese Yen / Oct 1	144.36
USD to Swiss Franc / Oct 1	0.85
Pound Sterling to USD / Oct 1	1.34
Euro to USD / Oct 1	1.11

Stock	Volume
S&P 500 / Sep 30	5,762.48
Nasdaq / Sep 30	18,189.17
Dow Jones / Sep 30	42,330.15
India Sensex / Oct 1	84,357.96
Tokyo Nikkei / Oct 1	38,651.97
Hang Seng / Oct 1	21,133.68
FTSE 100 / Oct 1	8,261.66
Germany DAX 30 / Oct 1	19,383.63

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 30	18,235
Petrol/Litre / Oct 1	247.03
Crude Oil USD/Barrel / Oct 1	68.22
Gold 10 Grams PKR / Oct 1	235,682
Gold Spot USD/Ounce / Oct 1	2,644.91
Diesel/Litre / Oct 1	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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