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Print - 2009-04-30
North Korea threatens nuclear-tests over UN move

North Korea threatens nuclear-tests over UN move

North Korea on Wednesday threatened a new nuclear test unless the UN Security Council apologised for tightening sanctions, confirming some analysts' fears that Pyongyang is determineed to build an atomic arsenal The United States said such threats were co
Published 30 Apr, 2009 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Declining trend was seen on the inter-bank market on Wednesday as the rupee lost six paisa against dollar for buying at Rs 80.54 and shed four paisa for selling at 80.56 in process of range-bound trading, money viewers said. It was balanced demand and sup
Published 30 Apr, 2009 12:00am
Australia to boost troops in Afghanistan

Australia to boost troops in Afghanistan

Australia will increase its troop commitment in Afghanistan by 450 soldiers to 1,550 to reduce the terror threat from the increasingly unstable nation, Prime Minister Kevin Rudd said Wednesday.
Published 30 Apr, 2009 12:00am
Over 40 killed in twin car bombs in Baghdad

Over 40 killed in twin car bombs in Baghdad

At least 41 people were killed and 68 wounded on Wednesday when two car bombs ripped through a busy market in Baghdad's Sadr City slum, mowing down families as they crowded around a popular ice cream parlour, police said. A third car bomb was discovered a
Published 30 Apr, 2009 12:00am
Britain, France fail to secure Sri Lanka truce

Britain, France fail to secure Sri Lanka truce

The foreign ministers of Britain and France said Wednesday they had failed to persuade Sri Lanka to end its offensive against Tamil rebels and allow aid in for civilians trapped by the fighting.
Published 30 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 29, 2009).

Published 30 Apr, 2009 12:00am
Obama marks whirlwind first 100 days in office

Obama marks whirlwind first 100 days in office

Barack Obama on Wednesday marked the 100th day of his presidency after a whirlwind start in which he has signalled a new approach on policies from the economy to climate change to US relations with Iran. Some have used the milestone to assess Obama's poli
Published 30 Apr, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 30 Apr, 2009 12:00am
Berlusconi and wife in spat over women politicians

Berlusconi and wife in spat over women politicians

Italy's first family soap opera was back on the front pages on Wednesday after Prime Minister Silvio Berlusconi's wife said his party's selection of women to run in European elections was a "shamelessly trashy" process.
Published 30 Apr, 2009 12:00am
UK lawmakers deal surprise blow to Gurkha plans

UK lawmakers deal surprise blow to Gurkha plans

British lawmakers dealt a surprise defeat Wednesday to government plans for Gurkha immigration rights, after critics pressed London to make it easier for the Nepalese veterans to settle here.
Published 30 Apr, 2009 12:00am
Aussie rallies

Aussie rallies

The Australian dollar rallied on the back of improving risk appetite on Wednesday as a sprinkling of better economic news at home and abroad helped shove aside worries over swine flu, at least for a few hours.
Published 30 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 30 Apr, 2009 12:00am
Dollar slips versus majors in London

Dollar slips versus majors in London

The dollar slipped against other major currencies apart from the yen on Wednesday as a recovery in global share prices quelled some risk aversion, while the euro gained on improving regional business sentiment.
Published 30 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 30 Apr, 2009 12:00am
Indian rupee rises

Indian rupee rises

The Indian rupee climbed 1 percent on Wednesday, riding piggyback on a stocks rally, but it was not enough to pull a weekly run of gains to an eighth as refiners bought dollars to pay for imports. The partially convertible rupee closed at 50.04/05 per dol
Published 30 Apr, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 29, 2009).

Published 30 Apr, 2009 12:00am
Dollar funding eases further

Dollar funding eases further

With hours to go before New Zealand's central bank announces a monetary policy review, money markets were still pricing in a far smaller interest rate cut than most economists are forecasting. Economists attach a nearly 60 percent probability to the Reser
Published 30 Apr, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (April 29, 2009) and for Thursday (April 30, 2009).
Published 30 Apr, 2009 12:00am
Sterling gains broadly

Sterling gains broadly

Sterling rose broadly on Wednesday, hitting its highest level in over a week against the dollar as global equities rebounded and risk aversion ebbed, boosting currencies perceived to be higher risk. The pound briefly pared some gains against the dollar fo
Published 30 Apr, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 29, 2009).

Published 30 Apr, 2009 12:00am
Aussie dollar bounces on better data

Aussie dollar bounces on better data

The Australian dollar rallied on the back of improving risk appetite on Wednesday as a sprinkling of better economic news at home and abroad helped shove aside worries over swine flu, at least for a few hours.
Published 30 Apr, 2009 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 30 Apr, 2009 12:00am
Most Asian currencies firm ahead of US GDP data

Most Asian currencies firm ahead of US GDP data

The Malaysian ringgit and Philippine peso rose on Wednesday to lead Asian currencies higher as investors were encouraged by signs of recovery in the US economy despite worries about the risk from the swine flu.
Published 30 Apr, 2009 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 30 Apr, 2009 12:00am
Taiwan dollar firms to two-week high

Taiwan dollar firms to two-week high

The Taiwan dollar firmed to a two-week closing high on Wednesday on foreign fund inflows into the equity market, exporter deals for cash needs at the end of the month and increased risk appetite due to improving US data. The Taiwan dollar closed at T$33.6
Published 30 Apr, 2009 12:00am
The Weather

The Weather

The weather report on Wednesday (April 29, 2009) and the forecast for Thursday (April 30, 2009).

Published 30 Apr, 2009 12:00am
Yuan closes at highest in four-months as dollar slips

Yuan closes at highest in four-months as dollar slips

The yuan finished at its strongest level in four-months on Wednesday, underpinned by a firmer outlook for the Chinese economy and as the dollar eased against major currencies. Spot yuan closed at 6.8255 versus the dollar on Wednesday, up slightly from Tue
Published 30 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 29, 2009).

Published 30 Apr, 2009 12:00am
Dollar weakened by ECB comment, risk appetite

Dollar weakened by ECB comment, risk appetite

The dollar dropped against the euro on Tuesday as improving US data trimmed demand for the greenback as a safe haven and comments by an ECB official that damped expectations for quantitative easing also weighed on the dollar against the euro.
Published 30 Apr, 2009 12:00am
Hong Kong dollar inches lower, interbank rates mostly soft

Hong Kong dollar inches lower, interbank rates mostly soft

The Hong Kong dollar eased slightly from the top of its trading band against the US dollar on Wednesday, while most interbank rates extended their decline due to abundant liquidity in the banking system.
Published 30 Apr, 2009 12:00am
Swiss franc dips versus euro ahead of KOF data

Swiss franc dips versus euro ahead of KOF data

The Swiss franc ticked down against the euro on Wednesday ahead of the key Swiss growth barometer KOF as markets stayed wary of an intervention from the Swiss National Bank. There were still upward pressures on the Swiss franc, a Zurich-based trader said.
Published 30 Apr, 2009 12:00am
China lowers capital requirement on some investments

China lowers capital requirement on some investments

China will lower the minimum amount of capital required to launch investment projects in certain sectors it hopes to encourage, and raise it in others it wants to discourage, the country's cabinet said on Wednesday.
Published 30 Apr, 2009 12:00am
Coal to stay king in German power generation

Coal to stay king in German power generation

Coal, subject to much maligning for its emission of harmful gases, is set to remain the source of much of Germany's electricity thanks to cleaner technology that now beckons. Six months after planners faced rising project costs and growing public oppositi
Published 30 Apr, 2009 12:00am
South Korea reports record current account surplus in March

South Korea reports record current account surplus in March

South Korea achieved a record current account surplus of 6.65 billion dollars in March as imports fell more sharply than exports, the central bank said Wednesday. The figure was the highest since January 1980 when records began and sharply up on a revised
Published 30 Apr, 2009 12:00am
Czech output drop seen slowing

Czech output drop seen slowing

Germany's car scrap subsidy and a later Easter eased the scale of a slump for Czech producers in March, but output still dropped at a double-digit pace and the outlook remains grim, a Reuters poll showed on Wednesday.
Published 30 Apr, 2009 12:00am
US to seek new ties in thawing Arctic

US to seek new ties in thawing Arctic

The United States will seek co-operation with Russia and other Arctic states as global warming thaws the polar region, Deputy Secretary of State James Steinberg said on Tuesday.
Published 30 Apr, 2009 12:00am
Turkish CPI seen up

Turkish CPI seen up

Turkish consumer inflation is expected to have slowed in April due to falling energy and commodity prices, a Reuters poll showed on Wednesday. The consumer price index (CPI) is seen rising 0.72 percent month on month compared to a rise of 1.10 percent in
Published 30 Apr, 2009 12:00am
Santander's first-quarter beats forecasts, upbeat on outlook

Santander's first-quarter beats forecasts, upbeat on outlook

Spain's Santander, the euro zone's largest bank, beat first-quarter profit forecasts on Wednesday as the management of loan rate margins and strong business volumes offset rising default levels among borrowers.
Published 30 Apr, 2009 12:00am
Santander's first-quarter beats forecasts, upbeat on outlook

Santander's first-quarter beats forecasts, upbeat on outlook

Spain's Santander, the euro zone's largest bank, beat first-quarter profit forecasts on Wednesday as the management of loan rate margins and strong business volumes offset rising default levels among borrowers.
Published 30 Apr, 2009 12:00am
Germany slashes growth forecast

Germany slashes growth forecast

Germany slashed its growth forecast Wednesday, predicting one of the worst recessions in the developed world with a crunching six-percent slump this year, but raised hopes of a recovery in 2010. In its new projections, the government of Europe's biggest e
Published 30 Apr, 2009 12:00am
Further Chile rate cuts possible: central bank president

Further Chile rate cuts possible: central bank president

Chile's central bank could cut its target lending rate to a new record low in coming months, Central Bank President Jose De Gregorio said on Wednesday, saying medium-term inflationary pressures had eased sharply.
Published 30 Apr, 2009 12:00am
UK's top shares index moves up; shrugs off swine flu fears

UK's top shares index moves up; shrugs off swine flu fears

Britain's leading share index ended 2.3 percent higher on Wednesday, driven by banks on strong results from Spain's Santander and bullish broker notes, while firmer raw material prices helped commodity stocks.
Published 30 Apr, 2009 12:00am
European credit spreads tighten

European credit spreads tighten

European credit spreads tightened on Wednesday on better-than-expected corporate results and US data showing that businesses had reduced unsold inventories, outweighing a sharp drop in gross domestic product.
Published 30 Apr, 2009 12:00am
European credit spreads tighten

European credit spreads tighten

European credit spreads tightened on Wednesday on better-than-expected corporate results and US data showing that businesses had reduced unsold inventories, outweighing a sharp drop in gross domestic product.
Published 30 Apr, 2009 12:00am
Indian shares jump 3.65 percent

Indian shares jump 3.65 percent

Indian shares rose 3.65 percent on Wednesday as funds sentiment improved on firm European markets and positive US index futures, dealers said. The benchmark 30-share Sensex rose 401.5 points to 11,403.25, a near six-month high. The stock markets will be c
Published 30 Apr, 2009 12:00am
Asian bond spreads narrow on US data

Asian bond spreads narrow on US data

Asian bond spreads narrowed on Wednesday, spurred by investor hopes that the US economy, Asia's biggest market, is stabilising, though sentiment remained fragile because of the swine flu virus.
Published 30 Apr, 2009 12:00am
Asian bond spreads narrow on US data

Asian bond spreads narrow on US data

Asian bond spreads narrowed on Wednesday, spurred by investor hopes that the US economy, Asia's biggest market, is stabilising, though sentiment remained fragile because of the swine flu virus.
Published 30 Apr, 2009 12:00am
Chinese stocks jump 2.8 percent, financials strong

Chinese stocks jump 2.8 percent, financials strong

Chinese stocks rose 2.78 percent to their highest close in more than a week on Wednesday, led by financial and property shares as the market snapped a three-day losing streak. The Shanghai Composite Index closed at 2,468.192 points.
Published 30 Apr, 2009 12:00am
Jakarta shares soar

Jakarta shares soar

Indonesian shares rose three percent on Wednesday due to better than expected first-quarter earnings among major banks, dealers said. The Jakarta Composite Index gained 48.28 points to 1,644.19.
Published 30 Apr, 2009 12:00am
Taiwan stocks surge

Taiwan stocks surge

Taiwan stocks rose 0.31 percent on Wednesday as investors snapped up beaten-down financials after recent heavy sell-offs triggered by concerns over swine flu. The main TAIEX share index closed up 17.33 points at 5,614.06, rebounding from a near three-week
Published 30 Apr, 2009 12:00am
Thai shares close 2.28 percent higher

Thai shares close 2.28 percent higher

Thai share prices closed 2.28 percent higher on Wednesday in line with the regional trend and with gains in big-cap shares, dealers said. The Stock Exchange of Thailand (SET) composite index rose 10.78 points to 483.50 while the bluechip SET-50 index adva
Published 30 Apr, 2009 12:00am
Seoul shares led by banks, techs

Seoul shares led by banks, techs

Seoul shares rose on Wednesday led by techs and financials and helped by gains in US futures and on hopes for some positive comment from the US Fed later in the day. The Korea Composite Stock Price Index (KOSPI) ended up 2.94 percent at 1,338.42 points af
Published 30 Apr, 2009 12:00am
Singapore shares surge

Singapore shares surge

Singapore shares closed 2.28 percent higher on Wednesday, boosted by strong performances in the Chinese and Hong Kong markets, dealers said. The blue chip Straits Times Index closed 41.16 points higher at 1,849.57 on volume of 1.52 billion shares worth 1.
Published 30 Apr, 2009 12:00am
US Treasury prices fall

US Treasury prices fall

US Treasuries fell on Tuesday as a surge in consumer confidence and worries over burgeoning bond supply hammered the market. The selloff pushed benchmark 10-year yields above 3.0 percent, which had been viewed by some as the Federal Reserve's line in the
Published 30 Apr, 2009 12:00am
US Treasury prices fall

US Treasury prices fall

US Treasuries fell on Tuesday as a surge in consumer confidence and worries over burgeoning bond supply hammered the market. The selloff pushed benchmark 10-year yields above 3.0 percent, which had been viewed by some as the Federal Reserve's line in the
Published 30 Apr, 2009 12:00am
US stocks dip as more bank woe offsets data

US stocks dip as more bank woe offsets data

US stocks fell on Tuesday as fresh worries that major banks may need to raise more money offset more reassuring economic data that suggested the worst may be over and a big dividend boost from IBM.
Published 30 Apr, 2009 12:00am
Hong Kong shares climb 2.8 percent in shrinking turnover

Hong Kong shares climb 2.8 percent in shrinking turnover

Hong Kong shares finished 2.8 percent firmer on Wednesday, clawing back some lost ground after a two-day slump, but turnover languished as worries about a potential widespread swine flu outbreak kept investors at bay. Turnover dropped to HK$50.7 billion (
Published 30 Apr, 2009 12:00am
APEC ministers vow joint efforts on swine flu

APEC ministers vow joint efforts on swine flu

APEC transport ministers on Wednesday pledged to work together to fight the swine flu outbreak which has left member country Mexico reeling and spread around the world. At the end of a two-day meeting here, the Asia-Pacific Economic Co-operation (APEC) mi
Published 30 Apr, 2009 12:00am
Philippines shares slip

Philippines shares slip

Philippines share prices closed 0.12 percent lower on Wednesday, pulled down by slumping markets overseas, continuing bad news regarding swine flu and weakness in US banks, dealers said. The composite index closed 2.45 points lower at 2,061.05 while the a
Published 30 Apr, 2009 12:00am
Malaysian shares up

Malaysian shares up

Malaysian shares closed up 0.18 percent on Wednesday amid buying interest in selected heavyweights despite concerns over swine flu, dealers said. The Kuala Lumpur Composite Index gained 1.76 points to 967.46 on volume of 1.051 billion shares worth 931.528
Published 30 Apr, 2009 12:00am
Shell first quarter profit falls

Shell first quarter profit falls

Royal Dutch Shell Plc became the latest oil company to report sharply lower first quarter profits due to a halving of the crude price, while beating analysts forecasts as trading activity flourished.
Published 30 Apr, 2009 12:00am
Shell first quarter profit falls

Shell first quarter profit falls

Royal Dutch Shell Plc became the latest oil company to report sharply lower first quarter profits due to a halving of the crude price, while beating analysts forecasts as trading activity flourished.
Published 30 Apr, 2009 12:00am
African states give Zimbabwe $400 million credit

African states give Zimbabwe $400 million credit

Zimbabwe has secured $400 million in credit lines from African states to revive its ailing industries, state media reported on Wednesday, in the first major financial package since a unity government was formed.
Published 30 Apr, 2009 12:00am
Kazakhstan, China sign major nuclear power deal

Kazakhstan, China sign major nuclear power deal

Kazakhstan signed a deal on Wednesday which would see it build nuclear power plants for China, as well as provide its energy-hungry neighbour with more than 24,000 tonnes of uranium. The deal between state nuclear agency Kazatomprom and the China Guangdon
Published 30 Apr, 2009 12:00am
ArcelorMittal first-quarter disappoints

ArcelorMittal first-quarter disappoints

ArcelorMittal, the world's largest steelmaker, slumped more than expected in the first three months and unveiled a share issue plan, depressing its stock despite a forecast of a second-quarter pick-up. The company's shares yo-yoed in early trading but by
Published 30 Apr, 2009 12:00am
Volkswagen, Continental hoard cash in first-quarter

Volkswagen, Continental hoard cash in first-quarter

Germany's Volkswagen and Continental made the best out of a terrible first quarter for the global auto industry, hoarding their cash as they hope for an improvement in the months ahead. While both reported detailed accounts showing they had swung to under
Published 30 Apr, 2009 12:00am
ArcelorMittal first-quarter disappoints

ArcelorMittal first-quarter disappoints

ArcelorMittal, the world's largest steelmaker, slumped more than expected in the first three months and unveiled a share issue plan, depressing its stock despite a forecast of a second-quarter pick-up. The company's shares yo-yoed in early trading but by
Published 30 Apr, 2009 12:00am
All UK public spending is open to cutbacks: Darling

All UK public spending is open to cutbacks: Darling

Britain's government will look for savings in all areas of spending, finance minister Alistair Darling said on Wednesday, as the ruling Labour party seeks to convince voters and markets it can fix public finances.
Published 30 Apr, 2009 12:00am
SocGen chairman Bouton quits

SocGen chairman Bouton quits

Daniel Bouton, the chairman of Societe Generale whose reputation was hit by a trading scandal at the bank, resigned and blamed relentless verbal attacks on his performance for his decision to quit. "The repeated attacks against me personally in France for
Published 30 Apr, 2009 12:00am
Obama adviser sees 'less dreary' GDP numbers ahead

Obama adviser sees 'less dreary' GDP numbers ahead

A drop in US business inventories and a rise in consumer spending in the first quarter could pave the way for "less dreary" figures on US output, a top economic adviser to President Barack Obama said on Wednesday.
Published 30 Apr, 2009 12:00am
US economy shrinks more severely than forecast in first quarter

US economy shrinks more severely than forecast in first quarter

The US economy contracted at a surprisingly sharp 6.1 percent rate in the first quarter as exports and business inventories plummeted. The drop in gross domestic product, reported by the Commerce Department on Wednesday, was much steeper than the 4.9 perc
Published 30 Apr, 2009 12:00am
Time Warner profit rises

Time Warner profit rises

Time Warner Inc posted a stronger-than-expected quarterly profit, as a rise in cable networks revenue helped offset declines in advertising sales at its AOL Internet and Time Inc publishing units.
Published 30 Apr, 2009 12:00am
Time Warner profit rises

Time Warner profit rises

Time Warner Inc posted a stronger-than-expected quarterly profit, as a rise in cable networks revenue helped offset declines in advertising sales at its AOL Internet and Time Inc publishing units.
Published 30 Apr, 2009 12:00am
Moderate business observed on cotton market

Moderate business observed on cotton market

Moderate trading was seen on the cotton market on Wednesday as mills were present but not in the big way mainly because of higher asking prices, dealers said. The official spot rate remained unchanged at the overnight level at Rs 3,550. The Phutti in Sind
Published 30 Apr, 2009 12:00am
Mixed trend seen on grain market

Mixed trend seen on grain market

Mixed trend was seen on the grain and seed market on Wednesday as buyers did forward buying in anticipation go further rise in the prices, dealers said.
Published 30 Apr, 2009 12:00am
US wheat futures up on slow spring wheat seeding

US wheat futures up on slow spring wheat seeding

US wheat futures closed higher on Tuesday amid slow seedings of the US spring wheat crop because of wet weather. Chicago Board of Trade soft red winter May wheat closed 2-1/2 cents higher at $5.10-1/2 per bushel, supported by higher Minneapolis spring whe
Published 30 Apr, 2009 12:00am
US Midwest corn bids steady

US Midwest corn bids steady

Spot basis bids for corn were steady to firm around the US Midwest on Tuesday while soyabean bids rose at locations in Iowa but held steady around the rest of the region, grain dealers said. Farmer selling of both commodities was slow as cash prices were
Published 30 Apr, 2009 12:00am
Iran likely to remain a big buyer of Australian wheat

Iran likely to remain a big buyer of Australian wheat

Iran, which this year is set to overtake Egypt as the world's No 1 wheat importer, is expected to remain a big buyer of Australian wheat after overtaking Indonesia to become Australia's No 1 grain customer.
Published 30 Apr, 2009 12:00am
FOB Gulf soya basis flat-weaker

FOB Gulf soya basis flat-weaker

US soyabean export premiums at the Gulf of Mexico were steady to softer on Tuesday amid a lull in demand from China, while corn basis values were generally steady amid routine demand, traders said. Nearby soyabean futures plunged on Tuesday amid a slowdow
Published 30 Apr, 2009 12:00am
Canadian canola futures end lower

Canadian canola futures end lower

ICE Canadian canola futures closed lower Tuesday with soyabeans, as traders said swine flu concerns were still weighing on the beans and spilling over to canola. Despite the name "swine flu," the new strain is not infecting pigs and has not been detected
Published 30 Apr, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 123,033 tonnes of cargo including 89,438 tonnes of import and 33,595 tonnes of export, 3,457 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.
Published 30 Apr, 2009 12:00am
KCBT wheat settles up

KCBT wheat settles up

Hard red winter wheat futures on the Kansas City Board of Trade ended fractionally higher Tuesday in a partial recovery from Monday's slide, as the market found support in delayed spring wheat seedings. The KCBT May closed up 1/2 cent at $5.65 per bushel
Published 30 Apr, 2009 12:00am
Murray knocked out by qualifier Monaco in Rome

Murray knocked out by qualifier Monaco in Rome

Andy Murray's Rome Masters campaign floundered at the first hurdle when the British fourth seed lost 1-6 6-3 7-5 to Argentine qualifier Juan Monaco. Murray looked in total control on Wednesday as he fired some cracking winners from deep when running away
Published 30 Apr, 2009 12:00am
India pull out of tri-series in Zimbabwe

India pull out of tri-series in Zimbabwe

India have withdrawn from a one-day tri-series scheduled for Zimbabwe in July because no third team has been confirmed, Board of Control for Cricket in India secretary N. Srinivasan said on Wednesday, "The visit to Zimbabwe was planned but has been droppe
Published 30 Apr, 2009 12:00am
Ajmal fined for media comments

Ajmal fined for media comments

Pakistani off-spinner Saeed Ajmal has been fined an undisclosed sum of his match fee and warned after his comments about Australian all-rounder Shane Watson, officials said Wednesday.
Published 30 Apr, 2009 12:00am
Barca held 0-0 at home by battling Chelsea

Barca held 0-0 at home by battling Chelsea

Barcelona were held to a 0-0 draw by a battling Chelsea side in the first leg of their Champions League semi-final at the Nou Camp on Tuesday. Barca dominated possession, with Xavi and Andres Iniesta pulling the strings in midfield, but found it hard to b
Published 30 Apr, 2009 12:00am
Pietersen's Bangalore clinch last-over thriller

Pietersen's Bangalore clinch last-over thriller

Mark Boucher hit an unbeaten 25 off 13 balls as Bangalore Royal Challengers posted an exciting five-wicket win over Kolkata Knight Riders in the Indian Premier League here on Wednesday.
Published 30 Apr, 2009 12:00am
O'Neill backs Celtic, Rangers to join Premiership

O'Neill backs Celtic, Rangers to join Premiership

The idea of Glasgow rivals Celtic and Rangers joining the English Premier League has been supported by Aston Villa manager Martin O'Neill. "I think Celtic and Rangers joining would enhance the Premier League and make us all strive to get better," O'Neill
Published 30 Apr, 2009 12:00am
Fast-recovering Lee focused on the Ashes

Fast-recovering Lee focused on the Ashes

Australia's spearhead Brett Lee said Wednesday he hoped to be at his best in time for the Ashes, saying he had the knowledge to be leading his team's bowling against England in two months' time. The 32-year-old, who has not played due to injury since last
Published 30 Apr, 2009 12:00am
Sporting events feel the shivers as swine flu fears grow

Sporting events feel the shivers as swine flu fears grow

A string of sports events were left feeling the shivers on Wednesday as the spectre of swine flu continued to spread fears globally, sparking a spate of cancellations and pull-outs. Motor racing, soccer, golf and elite-level diving were all impacted by th
Published 30 Apr, 2009 12:00am
ICL players offered amnesty by national boards

ICL players offered amnesty by national boards

Indian and Pakistan players tied to the unofficial Indian Cricket League (ICL) have been asked to ditch the rebel organisation if they want to be considered for international cricket.
Published 30 Apr, 2009 12:00am
England name two new pace bowlers for Lord's Test

England name two new pace bowlers for Lord's Test

England named uncapped pace bowlers Tim Bresnan and Graham Onions on Wednesday in a 12-man squad for the first Test against West Indies starting at Lord's in a week's time. Essex all-rounder Ravi Bopara has been recalled after hitting a century in his onl
Published 30 Apr, 2009 12:00am
McLaren handed three race ban

McLaren handed three race ban

Lewis Hamilton's Formula One title defence remained alive on Wednesday after his McLaren team were handed a suspended three race ban for lying to race stewards. The governing International Automobile Federation (FIA) said after a hearing in Paris that the
Published 30 Apr, 2009 12:00am