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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-10-27
Investment under CFS drops to Rs 11.6 billion

Investment under CFS drops to Rs 11.6 billion

Investment under CFS decreased to Rs 11.6bn on Friday as compared to Rs 11.89 billion a week earlier, depicting massive 80 percent fall from Rs 57 billion that the market saw in November 2007. The dearth of funds also pulled up the CFS rates by another 62
Published 27 Oct, 2008 12:00am
Investment under CFS drops to Rs 11.6 billion

Investment under CFS drops to Rs 11.6 billion

Investment under CFS decreased to Rs 11.6bn on Friday as compared to Rs 11.89 billion a week earlier, depicting massive 80 percent fall from Rs 57 billion that the market saw in November 2007. The dearth of funds also pulled up the CFS rates by another 62
Published 27 Oct, 2008 12:00am
Investment under CFS drops to Rs 11.6 billion

Investment under CFS drops to Rs 11.6 billion

Investment under CFS decreased to Rs 11.6bn on Friday as compared to Rs 11.89 billion a week earlier, depicting massive 80 percent fall from Rs 57 billion that the market saw in November 2007. The dearth of funds also pulled up the CFS rates by another 62
Published 27 Oct, 2008 12:00am
Lowest turnover witnessed on KSE

Lowest turnover witnessed on KSE

Uncertainty over the ''floor price'' issue continued during the week ended on October 25, 2008 as the regulator could not implement the announced bail-out package for the stock market.
Published 27 Oct, 2008 12:00am
Lowest turnover witnessed on KSE

Lowest turnover witnessed on KSE

Uncertainty over the 'floor price' issue continued during the week ended on October 25, 2008 as the regulator could not implement the announced bail-out package for the stock market.
Published 27 Oct, 2008 12:00am
Lowest turnover witnessed on KSE

Lowest turnover witnessed on KSE

Uncertainty over the 'floor price' issue continued during the week ended on October 25, 2008 as the regulator could not implement the announced bail-out package for the stock market.
Published 27 Oct, 2008 12:00am
PKB demands TCP intervention

PKB demands TCP intervention

Pakistan Kissan Board has demanded of the government to direct the Trading Corporation of Pakistan (TCP) to immediately intervene in the cotton market and start buying phutti to stabilise cotton prices.
Published 27 Oct, 2008 12:00am
PKB demands TCP intervention

PKB demands TCP intervention

Pakistan Kissan Board has demanded of the government to direct the Trading Corporation of Pakistan (TCP) to immediately intervene in the cotton market and start buying phutti to stabilise cotton prices.
Published 27 Oct, 2008 12:00am
PKB demands TCP intervention

PKB demands TCP intervention

Pakistan Kissan Board has demanded of the government to direct the Trading Corporation of Pakistan (TCP) to immediately intervene in the cotton market and start buying phutti to stabilise cotton prices.
Published 27 Oct, 2008 12:00am
Opec to cut output further if necessary: Iran

Opec to cut output further if necessary: Iran

Iran, the number two oil producer in Opec, on Sunday said that the cartel is likely to cut back further on production if the latest reduction does not stabilise crude prices. The Organisation of Petroleum Exporting Countries (Opec), which produces 40 perc
Published 27 Oct, 2008 12:00am
Opec to cut output further if necessary: Iran

Opec to cut output further if necessary: Iran

Iran, the number two oil producer in Opec, on Sunday said that the cartel is likely to cut back further on production if the latest reduction does not stabilise crude prices. The Organisation of Petroleum Exporting Countries (Opec), which produces 40 perc
Published 27 Oct, 2008 12:00am
Opec to cut output further if necessary: Iran

Opec to cut output further if necessary: Iran

Iran, the number two oil producer in Opec, on Sunday said that the cartel is likely to cut back further on production if the latest reduction does not stabilise crude prices. The Organisation of Petroleum Exporting Countries (Opec), which produces 40 perc
Published 27 Oct, 2008 12:00am
Qatar won''t curb investments

Qatar won''t curb investments

Gas-rich Qatar said on Sunday it has no intention of scaling down massive investments at home and abroad as a result of the global financial crisis. "We have no intention of halting infrastructure projects at home or reducing overseas investments," Qatari
Published 27 Oct, 2008 12:00am
Qatar won't curb investments

Qatar won't curb investments

Gas-rich Qatar said on Sunday it has no intention of scaling down massive investments at home and abroad as a result of the global financial crisis. "We have no intention of halting infrastructure projects at home or reducing overseas investments," Qatari
Published 27 Oct, 2008 12:00am
Qatar won't curb investments

Qatar won't curb investments

Gas-rich Qatar said on Sunday it has no intention of scaling down massive investments at home and abroad as a result of the global financial crisis. "We have no intention of halting infrastructure projects at home or reducing overseas investments," Qatari
Published 27 Oct, 2008 12:00am
Fearing global recession, central banks poised to act

Fearing global recession, central banks poised to act

Central banks are likely to launch new co-ordinated emergency action this week to calm panic in financial markets, which could be rocked further by data pointing to global recession. The US Federal Reserve is expected to cut rates sharply following share
Published 27 Oct, 2008 12:00am
Protests against power tariff hike unjustified: minister

Protests against power tariff hike unjustified: minister

The Minister for Water and Power, Pervez Ashraf, has criticised people staging protest demonstration against hike in power tariff and said that the protest was unjustified as the government has suspended the increase till the decision of the review commit
Published 27 Oct, 2008 12:00am
Protests against power tariff hike unjustified: minister

Protests against power tariff hike unjustified: minister

The Minister for Water and Power, Pervez Ashraf, has criticised people staging protest demonstration against hike in power tariff and said that the protest was unjustified as the government has suspended the increase till the decision of the review commit
Published 27 Oct, 2008 12:00am
Protests against power tariff hike unjustified: minister

Protests against power tariff hike unjustified: minister

The Minister for Water and Power, Pervez Ashraf, has criticised people staging protest demonstration against hike in power tariff and said that the protest was unjustified as the government has suspended the increase till the decision of the review commit
Published 27 Oct, 2008 12:00am
Delhi to support Islamabad in seeking IMF help

Delhi to support Islamabad in seeking IMF help

Commenting on the Pakistan''s financial situation, Indian Prime Minister said India would support Pakistan in seeking help from International Monetary Fund (IMF). Talking to mediapersons on-board his special aircraft while returning from Beijing late Satu
Published 27 Oct, 2008 12:00am
Delhi to support Islamabad in seeking IMF help

Delhi to support Islamabad in seeking IMF help

Commenting on the Pakistan's financial situation, Indian Prime Minister said India would support Pakistan in seeking help from International Monetary Fund (IMF). Talking to mediapersons on-board his special aircraft while returning from Beijing late Satur
Published 27 Oct, 2008 12:00am
Delhi to support Islamabad in seeking IMF help

Delhi to support Islamabad in seeking IMF help

Commenting on the Pakistan's financial situation, Indian Prime Minister said India would support Pakistan in seeking help from International Monetary Fund (IMF). Talking to mediapersons on-board his special aircraft while returning from Beijing late Satur
Published 27 Oct, 2008 12:00am
Army operating in tribal areas with government consent: Prime Minister

Army operating in tribal areas with government consent: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Sunday said that Pakistan is fully committed to wipe out terrorism and extremism in the tribal areas with the help of local people, but US attacks inside Pakistani territory sabotage the government efforts.
Published 27 Oct, 2008 12:00am
THE RUPEE: steep fall resisted

THE RUPEE: steep fall resisted

The rupee, somehow, managed to resist steep fall against the dollar in the currency market during the week, ended on October 25, 2008. On the interbank, the rupee was marginally lower by 30 paisa versus the greenback for buying at 81.50 and it also shed 1
Published 27 Oct, 2008 12:00am
THE RUPEE: steep fall resisted

THE RUPEE: steep fall resisted

The rupee, somehow, managed to resist steep fall against the dollar in the currency market during the week, ended on October 25, 2008. On the interbank, the rupee was marginally lower by 30 paisa versus the greenback for buying at 81.50 and it also shed 1
Published 27 Oct, 2008 12:00am
56 vehicles challaned

56 vehicles challaned

As many as 56 vehicles were challaned here in the city by the Motor Vehicle Examiner Attock on Sunday. According to details, a large number of citizens lodged complaints against the public vehicles for overcharging and not completing routes, upon which Mo
Published 27 Oct, 2008 12:00am
Students develop automated railway control, monitoring system

Students develop automated railway control, monitoring system

The students of Department of Electronic Engineering, Sir Syed University of Engineering and Technology, have developed an automated railway controlling and monitoring system. The project developed has many dimensions and offers a number of advantages to
Published 27 Oct, 2008 12:00am
Need stressed to control hepatitis

Need stressed to control hepatitis

Chief Executive of Health Foundation Pakistan Saeed Allahwala has said that no money is enough to help the poverty-stricken masses of Pakistan in order to provide them with better health facilities. This he said while addressing a fund raising ceremony fo
Published 27 Oct, 2008 12:00am
Pakistani envoy presents credentials to Ahmadinejad

Pakistani envoy presents credentials to Ahmadinejad

Pakistan Ambassador to Iran M.B. Abbasi presented his credentials to Iranian President Mahmoud Ahmadinejad in a ceremony held at the Presidential Office here on Sunday morning. In the meeting after the ceremony, Ambassador Abbasi conveyed greetings and go
Published 27 Oct, 2008 12:00am
Gilani sends message of good wishes to Ahmedinejad

Gilani sends message of good wishes to Ahmedinejad

Prime Minister, Syed Yousaf Raza Gilani has sent a message of good wishes to the ailing Iranian President, Mehmoud Ahmedinejad and prayed for speedy recovery of his health. In a message to the Iranian President, the Prime Minister said, 'Excellency,I and
Published 27 Oct, 2008 12:00am
Dialogue only solution to Fata situation: Qazi

Dialogue only solution to Fata situation: Qazi

Amir Jamaat-i-Islami (JI) Qazi Hussain Ahmad has said that dialogue is the only solution to situation in tribal areas. He was addressing the concluding session of JI's three-day congregation at Minar-e-Pakistan. The congregation demanded of the government
Published 27 Oct, 2008 12:00am
Multiple crises send Pakistan to the brink

Multiple crises send Pakistan to the brink

Pakistan faces a "perfect storm" of crises, with its US-backed fight against al Qaeda and the Taliban faltering and the country lurching towards bankruptcy, analysts and opposition figures say.
Published 27 Oct, 2008 12:00am
Hashwani says situation not conducive for business

Hashwani says situation not conducive for business

Hashoo Group Chairman Sadruddin Hashwani has expressed his firm resolve that he would remained committed with Pakistan in regard with investment and said that these testing moments have not shaken his believe in the potential of the country.
Published 27 Oct, 2008 12:00am
Rs five billion being spent to provide computers to schools: Shahbaz

Rs five billion being spent to provide computers to schools: Shahbaz

Chief Minister Punjab Mian Muhammad Shahbaz Sharif has said that government was following a comprehensive policy for the promotion of information technology (IT) in the province and Rs five billion were being spent on provision of computers to schools thr
Published 27 Oct, 2008 12:00am
15 killed as Taliban clash with rivals

15 killed as Taliban clash with rivals

At least 15 people including 10 Taliban militants were killed in a gunbattle with locals in a Matta district, officials said. The clash erupted when supporters of Maulana Fazlullah tried to kidnap a religious leader who has raised a Lashkar, or armed grou
Published 27 Oct, 2008 12:00am
15 killed as Taliban clash with rivals

15 killed as Taliban clash with rivals

At least 15 people including 10 Taliban militants were killed in a gunbattle with locals in a Matta district, officials said. The clash erupted when supporters of Maulana Fazlullah tried to kidnap a religious leader who has raised a Lashkar, or armed grou
Published 27 Oct, 2008 12:00am
Reduction in load shedding from November 1: Pepco

Reduction in load shedding from November 1: Pepco

Pakistan Electric Power Company (Pepco) will reduce the daily load shedding by six hours from 1st November, Pepco General Manager Tahir Basharat Cheema told Business Recorder here on Sunday. He said that ongoing 10 to 12 hours daily load shedding w
Published 27 Oct, 2008 12:00am
Reduction in load shedding from November 1: Pepco

Reduction in load shedding from November 1: Pepco

Pakistan Electric Power Company (Pepco) will reduce the daily load shedding by six hours from 1st November, Pepco General Manager Tahir Basharat Cheema told Business Recorder here on Sunday. He said that ongoing 10 to 12 hours daily load shedding w
Published 27 Oct, 2008 12:00am
Reduction in load shedding from November 1: Pepco

Reduction in load shedding from November 1: Pepco

Pakistan Electric Power Company (Pepco) will reduce the daily load shedding by six hours from 1st November, Pepco General Manager Tahir Basharat Cheema told Business Recorder here on Sunday. He said that ongoing 10 to 12 hours daily load shedding w
Published 27 Oct, 2008 12:00am
Prime Minister leaves for Turkey today

Prime Minister leaves for Turkey today

Prime Minister Syed Yousuf Raza Gilani will leave Turkey on Monday to attend the meeting of World Economic Forum where he will have interaction with the top economic experts, heads of various international organisations and the world leaders.
Published 27 Oct, 2008 12:00am
Prime Minister leaves for Turkey today

Prime Minister leaves for Turkey today

Prime Minister Syed Yousuf Raza Gilani will leave Turkey on Monday to attend the meeting of World Economic Forum where he will have interaction with the top economic experts, heads of various international organisations and the world leaders.
Published 27 Oct, 2008 12:00am
Nine die in US attack inside Syria

Nine die in US attack inside Syria

Nine people were killed on Sunday when US helicopters attacked a village inside Syria along its border with Iraq, the private television channel al-Dunia reported on Sunday. Earlier the official SANA news agency reported the incident without identifying t
Published 27 Oct, 2008 12:00am
Nine die in US attack inside Syria

Nine die in US attack inside Syria

Nine people were killed on Sunday when US helicopters attacked a village inside Syria along its border with Iraq, the private television channel al-Dunia reported on Sunday. Earlier the official SANA news agency reported the incident without identifying t
Published 27 Oct, 2008 12:00am
SBP announces further relaxations in ADR

SBP announces further relaxations in ADR

Governor, State Bank of Pakistan, Dr Shamshad Akhtar on Sunday announced further relaxations in Advances to Deposits Ratio (ADR) of banks. The relaxations will enable the banks to lend to the priority sectors of the economy. In this regard, a detailed cir
Published 27 Oct, 2008 12:00am
SBP announces further relaxations in ADR

SBP announces further relaxations in ADR

Governor, State Bank of Pakistan, Dr Shamshad Akhtar on Sunday announced further relaxations in Advances to Deposits Ratio (ADR) of banks. The relaxations will enable the banks to lend to the priority sectors of the economy. In this regard, a detailed cir
Published 27 Oct, 2008 12:00am
SBP announces further relaxations in ADR

SBP announces further relaxations in ADR

Governor, State Bank of Pakistan, Dr Shamshad Akhtar on Sunday announced further relaxations in Advances to Deposits Ratio (ADR) of banks. The relaxations will enable the banks to lend to the priority sectors of the economy. In this regard, a detailed cir
Published 27 Oct, 2008 12:00am
KSE decides to postpone floor removal

KSE decides to postpone floor removal

The Board of Directors of Karachi Stock Exchange (KSE) has decided that the floor mechanism set on share price will remain in place until the government funds and PUT option mechanics are finalised. The board did not give any date for removal of floor.
Published 27 Oct, 2008 12:00am
KSE decides to postpone floor removal

KSE decides to postpone floor removal

The Board of Directors of Karachi Stock Exchange (KSE) has decided that the floor mechanism set on share price will remain in place until the government funds and PUT option mechanics are finalised. The board did not give any date for removal of floor.
Published 27 Oct, 2008 12:00am
KSE decides to postpone floor removal

KSE decides to postpone floor removal

The Board of Directors of Karachi Stock Exchange (KSE) has decided that the floor mechanism set on share price will remain in place until the government funds and PUT option mechanics are finalised. The board did not give any date for removal of floor.
Published 27 Oct, 2008 12:00am
China to stand by Pakistan under all circumstances: Jiabao

China to stand by Pakistan under all circumstances: Jiabao

China will stand by Pakistan under all circumstances whatsoever to safeguard its sovereignty and territorial integrity, while maintaining existing strong bonds of their strategic partnership. The assurance to this effect was re-conveyed by the Chinese lea
Published 27 Oct, 2008 12:00am
International community eager to help Pakistan: Prime Minister

International community eager to help Pakistan: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Sunday said that Pakistan is fully committed to wipe out terrorism and extremism in the tribal areas with the help of local people, but US attacks inside Pakistani territory sabotage the government efforts.
Published 27 Oct, 2008 12:00am
International community eager to help Pakistan: Prime Minister

International community eager to help Pakistan: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Sunday said that Pakistan is fully committed to wipe out terrorism and extremism in the tribal areas with the help of local people, but US attacks inside Pakistani territory sabotage the government efforts.
Published 27 Oct, 2008 12:00am
Fears of deep recession set to hound markets

Fears of deep recession set to hound markets

Investors anxiously awaited Monday''s reopening of Asian markets after last week''s dramatic world-wide slide in stock prices and currency collapses on increasing fears of a deep global recession.
Published 27 Oct, 2008 12:00am
Fears of deep recession set to hound markets

Fears of deep recession set to hound markets

Investors anxiously awaited Monday's reopening of Asian markets after last week's dramatic world-wide slide in stock prices and currency collapses on increasing fears of a deep global recession.
Published 27 Oct, 2008 12:00am
Fears of deep recession set to hound markets

Fears of deep recession set to hound markets

Investors anxiously awaited Monday's reopening of Asian markets after last week's dramatic world-wide slide in stock prices and currency collapses on increasing fears of a deep global recession.
Published 27 Oct, 2008 12:00am
The Weather

The Weather

The weather report on Sunday (October 26, 2008) and the forecast for Monday (October 27, 2008).

Published 27 Oct, 2008 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 20 to October 25, 2008).

Published 27 Oct, 2008 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (October 26, 2008).
Published 27 Oct, 2008 12:00am
Message from General Manager, Solutions

Message from General Manager, Solutions

Since its inception, Wateen has been striving to develop solutions that provide unprecedented satisfaction to its customers by offering innovative and cutting edge technology solutions. We do not just offer a product to our customer but an opportunity to
Published 27 Oct, 2008 12:00am
Message from Chief Executive

Message from Chief Executive

Wateen's selection of technology is based on flexibility, versatility, security as well as reliability and automatic adaptation to service needs of multiple market segments.
Published 27 Oct, 2008 12:00am
US beef popular in South Korea after ban

US beef popular in South Korea after ban

Just three months after going back on sale here despite massive protests, US beef imports in September accounted for nearly half of the total value of the meat brought in, a report said Sunday.
Published 27 Oct, 2008 12:00am
ANC rejects invitation by party faction to convention

ANC rejects invitation by party faction to convention

The ruling African National Congress will not attend a convention by a dissident faction aimed to launch a rival party to contest next year's elections, a newspaper reported Sunday.
Published 27 Oct, 2008 12:00am
John McCain fights against the odds

John McCain fights against the odds

John McCain has beaten much tougher odds than being down in the polls with just days to go before the US presidential election. The former navy fighter pilot and war hero survived five and a half years in Vietnamese prison camps where he was tortured so b
Published 27 Oct, 2008 12:00am
Quake hits Indonesia

Quake hits Indonesia

A 6.4-magnitude earthquake struck off Indonesia's Sulawesi island on Sunday, the geophysics agency said. There were no immediate reports of damage and officials said no tsunami warning had been issued.
Published 27 Oct, 2008 12:00am
Taiwan won't be sold out to China: president

Taiwan won't be sold out to China: president

Taiwan President Ma Ying-jeou on Sunday sought to allay fears his government would sell out the island in negotiations with Beijing, following a mass anti-China demonstration. The Hong Kong-born politician defended his record of closer ties with China as
Published 27 Oct, 2008 12:00am
Top Iran minister faces impeachment

Top Iran minister faces impeachment

Iran's parliament will move to impeach Interior Minister Ali Kordan for "dishonesty" early November after he confessed to holding a fake Oxford University degree, the ISNA news agency said on Sunday. "Kordan will face an impeachment vote on November 4," a
Published 27 Oct, 2008 12:00am
UK's defence minister backs more EU cooperation

UK's defence minister backs more EU cooperation

Britain should back French calls for more European Union defence co-operation if it does not overstretch the military, new defence minister John Hutton said in an interview with the Sunday Times newspaper.
Published 27 Oct, 2008 12:00am
Security relaxed at Suu Kyi's Yangon home

Security relaxed at Suu Kyi's Yangon home

Authorities in military-run Myanmar on Sunday removed barbed wire barriers and reduced security around the Yangon home of detained democracy leader Aung San Suu Kyi, an official from her party said.
Published 27 Oct, 2008 12:00am
Colombian army rescues kidnapped lawmaker

Colombian army rescues kidnapped lawmaker

Colombian soldiers have rescued a local politician kidnapped more than eight years ago by FARC guerrillas in another blow to Latin America's oldest rebel insurgency, authorities said on Sunday.
Published 27 Oct, 2008 12:00am
UN world heritage temple damaged in Thai clashes

UN world heritage temple damaged in Thai clashes

Cambodia has lodged a complaint with the United Nations accusing Thai troops of damaging the ancient Preah Vihear temple during a border shoot-out earlier this month, an official said Sunday.
Published 27 Oct, 2008 12:00am
Biggest Mao Zedong statue unveiled in China

Biggest Mao Zedong statue unveiled in China

A university campus has erected China's tallest statue of revolutionary leader Mao Zedong, state press reported Sunday. The 20-metre high (66-feet) stainless steel statue was unveiled at Chongqing Medical University in honour of the man who established th
Published 27 Oct, 2008 12:00am
Pope criticises anti-Christian riots in India

Pope criticises anti-Christian riots in India

Pope Benedict called on Sunday on the governments and religious leaders of Iraq and India to protect Christian minorities where they have been persecuted.
Published 27 Oct, 2008 12:00am
Israeli settlers protest removal of West Bank outpost

Israeli settlers protest removal of West Bank outpost

Dozens of Jewish settlers rampaged through the West Bank town of Hebron on Sunday after Israeli troops removed an illegal settlement outpost, Palestinian residents said. Witnesses said the settlers hurled rocks at houses, vandalised several Muslim graves
Published 27 Oct, 2008 12:00am
Boxing: Kessler defends crown against Haussler

Boxing: Kessler defends crown against Haussler

Danish fighter Mikkel Kessler defended his WBA super-middleweight title on Saturday night against Germany's Danilo Haussler with a knock-out in the third round. The Dane needed one minute and eight seconds of the third round to record his 41st victory and
Published 27 Oct, 2008 12:00am
Kenya's Cheruiyot wins Frankfurt Marathon

Kenya's Cheruiyot wins Frankfurt Marathon

Robert Kiprono Cheruiyot broke the course record to win the Frankfurt Marathon on Sunday with all of the first ten men home coming from Kenya. Cheruiyot, not to be confused with Boston marathon winner Robert Kipkoech Cheruiyot, finished in 2hr 07min 21sec
Published 27 Oct, 2008 12:00am
City of Light - last stop before Shanghai

City of Light - last stop before Shanghai

This week's Paris Masters will complete the jigsaw of who lands the final three berths for the season-ending Tennis Masters Shanghai. World number one Rafael Nadal and the man he displaced - Roger Federer - have already long booked their tickets for China
Published 27 Oct, 2008 12:00am
Gasquet withdraws

Gasquet withdraws

Frenchman Richard Gasquet withdrew from this week's ATP Paris Masters on Sunday because of an elbow injury. The world number 15, who was seeded 14th and was a semi-finalist here last year, will be replaced in the draw by a lucky loser. Gasquet, a semi-fin
Published 27 Oct, 2008 12:00am
Golf: Australia's Gleeson wins Macau Open

Golf: Australia's Gleeson wins Macau Open

Australia's David Gleeson ended his six-year title drought with a wire-to-wire success at the Macau Open on Sunday. The Taipei-based winner nailed his second straight two-under-par 69 in the final round for a Macau Open tournament record total of 18-under
Published 27 Oct, 2008 12:00am
Hamilton's day of destiny in Senna's kingdom

Hamilton's day of destiny in Senna's kingdom

Lewis Hamilton aims to become the youngest Formula One world champion in history on Sunday fittingly at a Sao Paulo circuit where Ayrton Senna is still worshipped as a national hero.
Published 27 Oct, 2008 12:00am
Hayden ready to counter Zaheer in third India Test

Hayden ready to counter Zaheer in third India Test

Australia's struggling opener Matthew Hayden said on Sunday he would go after India's Zaheer Khan despite being dismissed by the bowler three times in the series. Hayden, 36, said Zaheer's behaviour during the second Test in Mohali revealed an unstable te
Published 27 Oct, 2008 12:00am
Rain washes out second day in Bangladesh-New Zealand Test

Rain washes out second day in Bangladesh-New Zealand Test

Persistent rain washed out the second day here of the second and final Test between Bangladesh and New Zealand. With the first day's play also washed out and more rain forecast Monday, it means Bangladesh are running out of time in their bid to square the
Published 27 Oct, 2008 12:00am
India's new spin star poses selection dilemma

India's new spin star poses selection dilemma

India's new bowling star Amit Mishra is sweating on selection for the third Test against Australia-despite a match-winning seven-wicket haul against the tourists. The 25-year-old was picked for the second Test in Mohali as a last-minute replacement for in
Published 27 Oct, 2008 12:00am
Redknapp confirmed as new Spurs manager

Redknapp confirmed as new Spurs manager

Harry Redknapp has been officially confirmed as the new manager of Premier League strugglers Tottenham Hotspur following the sacking of Juande Ramos last night. Spurs, who sit bottom of the English top flight, have agreed a compensation package of around
Published 27 Oct, 2008 12:00am
Ballack apologises for Loew blow

Ballack apologises for Loew blow

Germany captain Michael Ballack has apologised to national team coach Joachim Loew for comments made last week in a German newspaper criticising him for showing a lack of respect to senior players.
Published 27 Oct, 2008 12:00am
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