News Archives for World - 2020-10-28

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World - 2020-10-28

Currency

Record US third-quarter growth assured as goods trade deficit falls, inventories rise

Goods trade deficit decreases 4.5% in September.
Retail inventories jump 1.6%.
Third-quarter GDP seen rebounding at a 31% rate.

Published 28 Oct, 2020 08:01pm

Europe

EU sets aside 100 million euros for rapid virus tests

The antigen test for the coronavirus is not seen as being as reliable as the so-called "PCR test", in which a sample taken from a nasal swab is sent to a lab for testing.

Published 28 Oct, 2020 07:49pm

Over 500,000 virus cases worldwide in new daily record

In total, 516,898 new infections and 7,723 deaths were announced, according to the tally compiled on Wednesday.

Published 28 Oct, 2020 07:47pm

Kerb

Facebook, Twitter, Google CEOs to defend key law before US Senate panel

Facebook Inc's Mark Zuckerberg, Twitter Inc's Jack Dorsey and Google's Sundar Pichai will be asked about how they monitor and moderate political content online.
I have long said that Big Tech poses the single greatest threat to our First Amendment rights and the future of democracy.

Published 28 Oct, 2020 06:41pm

South Asia

India's NTPC to borrow $478mn from Japanese banks to fund clean energy

The loan proceeds will be utilized by NTPC Ltd, the PSU under Ministry of Power, for funding its capex for Flue Gas Desulphurization (FGD) & Renewable Energy projects.
India has a phased plan for plants to comply with emission norms, with deadlines extending to the end of December 2022.

Published 28 Oct, 2020 06:30pm

South Asia

India trials of Russian Sputnik-V vaccine may end as early as March

Enrolment to the mid-stage trial of the Sputnik-V vaccine will start in the next few weeks and the trial was likely to end by December.
With 8 million COVID-19 infections and second only to the United States, India is pinning its hopes on a vaccine to stem the spread of the pandemic.

Published 28 Oct, 2020 06:28pm

Middle East

Saudi Arabia plans $2bn boost for space programme by 2030

We believe there are a lot of opportunities that exist in the space sector and we, in Saudi Arabia, intend to tap these opportunities at all levels.
Saudi Arabia is a main founder and financier of the Arab Satellite Communications Organization (Arabsat), launched in 1976, with a 37% stake.

Published 28 Oct, 2020 06:22pm

South Asia

Malaysia's anti-graft agency probes AirAsia's bank loan

We have started our investigation to look into whether there had been any violation.
The application was not made overnight but instead SDB had carried out the best and most thorough investigation and consideration before the approval was given,

Published 28 Oct, 2020 06:20pm

Pompeo says China has brought lawlessness to Sri Lanka and the Maldives

The five-day tour is aimed at girding allies against China's increasing political and military inroads in the region in recent years.
We see from bad deals, violations of sovereignty and lawlessness on land and sea that the Chinese Communist Party is a predator, and the United States comes in a different way, we come as a friend, and as a partner.

Published 28 Oct, 2020 06:12pm

South Asia

Pompeo slams 'predator' China on Sri Lanka trip

Pompeo described how Washington has provided military training and recently gifted two coastguard vessels, contrasting its assistance with China.

Published 28 Oct, 2020 06:08pm

Europe

Syria strike shows Russia not seeking 'lasting peace': Erdogan

The attack killed 78 fighters in the bloodiest surge in violence since a truce almost eight months ago.

Published 28 Oct, 2020 05:44pm

Air pollution contributed to 15% of coronavirus deaths: Study

It estimates that more than 6,100 COVID-19 deaths in Britain and around 40,000 in the US could be attributed to air pollution.

Published 28 Oct, 2020 05:40pm

Europe

Merkel eyes tough curbs to tame virus before Christmas

Germany has recorded 464,239 coronavirus cases since the start of the pandemic.
A total of 10,183 people have died so far, according to RKI figures.

Published 28 Oct, 2020 05:40pm

Azerbaijan says 19 killed, 60 wounded in Armenia missile attack

Both sides have accused each other of failing to respect ceasefire agreements mediated by Russia, France, and the United States.

Published 28 Oct, 2020 05:38pm

Europe

Europe faces tougher virus curbs but Melbourne lifts lockdown

Daily cases of Covid-19 in France have topped 50,000, while Germany is regularly reporting 10,000 new infections.

Published 28 Oct, 2020 05:37pm

South Asia

UK, India strengthen economic ties including on Covid

The new agreements included opening up infrastructure opportunities in India to UK commercial expertise and financing.

Published 28 Oct, 2020 05:33pm

Middle East

Iran hits daily record 415 virus deaths

Lari added that 6,824 people had tested positive for the virus, bringing Iran's officially declared cases to 558,648.

Published 28 Oct, 2020 05:27pm

Europe

Heathrow says Paris now Europe's busiest airport

Heathrow said 2020 passenger numbers up to end of September totalled 19.27 million for Paris and 18.97 million at Heathrow.

Published 28 Oct, 2020 05:25pm

USA

$36.5 million worth of construction projects deemed to be "underused", according to SIGAR

According to an audit report from the Special Investigator for Afghanistan Reconstruction (SIGAR), millions of dollars worth of fraudulent financial activities were detected through an investigation by the monitoring body, with multiple construction projects not being implemented as intended.

Updated 28 Oct, 2020 04:24pm

Nearly 6,000 Afghan civilians killed or wounded in 2020: UN

A report released by UN states that from January to September, there were 5,939 civilian casualties in the fighting - 2,117 people killed and 3,822 wounded

Published 28 Oct, 2020 03:54pm

US pre-voting surpasses 70mn despite week remaining in Election Day

According to the tally from the US Elections Project, it which shows a record-breaking pace that could lead to the highest voter turnout in percentage terms in mote then a century.

Updated 28 Oct, 2020 03:43pm

Philadelphia sees more protests after fatal police shooting

Monday's shooting of the 27-year-old Walter Wallace, caught on cell phone video, draws fresh attention to fatal use of force by police following months of protests over how officers treat Black people.

Updated 28 Oct, 2020 02:38pm

Middle East

Pakistan Navy commences construction of third Turkish corvette

In a ceremony on Sunday, a Turkish-build MILGEM Corvette warship was unveiled, as it was announced that the Turkish National Defense Ministry firm ASFAT will be building four vessels for the Pakistan Navy; making it the single-largest export of the Turkish defense industry.

Published 28 Oct, 2020 01:57pm

Indian military to be restructured under five theatre commands to contain Pakistan, China threat

Currently, the Indian Army, Indian Air Force and the Indian Navy all defend Indian airspace on separate communication frequencies and without synergy

Updated 28 Oct, 2020 12:16pm

Kerb

Inaction to contain hateful content: Facebook's India policy head Ankhi Das quits

The current and former Facebook employees said Das’s intervention on behalf of Singh is part of a broader pattern of favoritism by Facebook towards Modi’s Bharatiya Janata Party and Hindu hard-liners

Updated 28 Oct, 2020 11:23am

Exchange

US, India defence deal will have ‘serious repercussions,’ warns Pakistan

US and India have signed an agreement called Basic Exchange and Cooperation Agreement.

Updated 28 Oct, 2020 10:50am

Europe

Two children among four dead after migrant vessel capsizes in Channel

LOON-PLAGE, (France): Four migrants, two children among them, died Tuesday after the boat in which they had set out...

Published 28 Oct, 2020 02:52am

China blasts 'bully' US ahead of Pompeo's Sri Lanka stop

COLOMBO: China warned the United States not to "coerce and bully" Sri Lanka as US Secretary of State Mike Pompeo...

Updated 28 Oct, 2020 05:02am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 27	277.70
USD PKR Interbank Buying / Sep 27	277.50
USD to Japanese Yen / Sep 27	146.23
USD to Swiss Franc / Sep 27	0.85
Pound Sterling to USD / Sep 27	1.34
Euro to USD / Sep 27	1.12

Stock	Volume
S&P 500 / Sep 26	5,745.37
Nasdaq / Sep 26	18,190.29
Dow Jones / Sep 26	42,175.11
India Sensex / Sep 27	20,442.15
Tokyo Nikkei / Sep 27	39,614.82
Hang Seng / Sep 27	85,767.42
FTSE 100 / Sep 27	8,311.16
Germany DAX 30 / Sep 27	19,330.79

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 26	17,735
Crude Oil USD/Barrel / Sep 27	67.47
Gold 10 Grams PKR / Sep 27	237,226
Gold Spot USD/Ounce / Sep 27	2,665.83
Cotton US¢/pound / Sep 27	73.60
Petrol/Litre / Sep 28	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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