Positive FATF statement jacks up KSE-100 by 584 points on October 27, 2020The Pakistan Stock Exchange (PSX) on Monday witnessed a bullish trend as the benchmark KSE-100 index gained 584.47 points (+1.42 points) and closed at 41,850 points. The investors reacted positively to media reports that Pakistan has successfully completed 21 out of 27 points outlined by the Financial Action Task Force (FATF), and that any chance […]
ECC proposes Rs 1,600 per 40kg as minimum wheat support priceBy: APP on October 27, 2020The Economic Coordination Committee (ECC) of the Cabinet Monday decided to propose to the cabinet Rs 1600 as minimum support price (MSP) per 40 kilogram for the upcoming wheat crop 2020-2021. The cabinet committee, meeting of which was chaired by Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh, was briefed that the […]
Microsoft quietly prepares to avoid spotlight under BidenBy: Agencies on October 27, 2020Microsoft Corp, which has largely evaded Washington’s scrutiny of Big Tech companies and scored a lucrative $10 billion government contract under the Trump administration, has emerged as a significant backer of the Biden campaign. The Redmond, Washington-based software company is the fourth largest contributor to Democratic Presidential candidate Joe Biden’s candidate campaign committee, according to […]
Xi’s big carbon promise on the table as Chinese leaders meetBy: Agencies on October 27, 2020President Xi Jinping’s carbon promise came as a surprise as China has relied heavily on coal to spur its economic emergence China’s Communist leadership will discuss Xi Jinping’s ambitious carbon-neutral pledge in talks that began Monday on the country’s economic strategy for the next five years. The climate goals, which challenge the world’s biggest polluter […]
Stocks dip as investors cautious about US stimulusBy: Agencies on October 27, 2020Global shares started the week on the back foot on Monday as surging coronavirus cases in Europe and the United States clouded the global economic outlook, while China’s leaders meet to ponder the future of the economic giant. The United States has seen its highest ever number of new COVID-19 cases in the past two […]
UBL Financial results for 9 months of 2020By: Press Release on October 27, 2020This E-mail and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which they are addressed. If you have received this E-mail in error please notify the sender or mailto:e-help@ubl.com.pk and delete it from your system and do not copy, disclose or otherwise act upon […]
Promotion of hotel industry stressedBy: Our Correspondent on October 27, 2020A one-day workshop was organized in Swat to promote the hotel industry, organized by the National Development Organization (NDO) and the Tourism Authority of Khyber Pakhtunkhwa. The workshop, held at Pytham Institute, was attended by a large number of hotel owners and staff from across the district. Harmat Yaqub Khan, in-charge of the workshop, gave […]
Orange Line Metro Train to have positive impact on quality of lifeBy: News Desk on October 27, 2020Experts believe that CPEC’s Orange Line Metro Train, Lahore will have positive impact on quality of life of the local people. According to a report published by China Economic Net, people of Lahore welcomed the inauguration with open arms and termed the project an iconic public-centric initiative that would help mitigate their transportation woes. Chinese […]
China’s anti-poverty stories through lens of Pakistani studentBy: APP on October 27, 2020Usama Kalim, whose Chinese name is Li Hao, comes from Pakistan and is currently a Ph.D. student at Southwest University in Chongqing municipality, China. As one of the participators of 2020 Looking China – Chongqing Youth Film Project, Li got the opportunity to film a documentary of Shiping village, Henghe Tujia Township in Chongqing. He […]
Banks help FTSE 100 pare losses over weak commodity pricesBy: Agencies on October 27, 2020London’s FTSE 100 pared early losses on Monday as a surge in banks following a report that the central bank was considering allowing dividend payments again helped offset losses in energy and mining stocks due to weak commodity prices. Shares in Barclays, HSBC and Lloyds Banking Group rose about 0.5% after The Times newspaper reported […]