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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-01-09
21.4 percent drop in futures trading volume

21.4 percent drop in futures trading volume

The average daily trading volume at the futures counter declined by 21.4 percent on week-on-week basis to stand at 4.98 million shares as compared to previous week''s average of 6.33 million shares. The futures spreads declined by 272bps during the outgoi
Published 09 Jan, 2012 12:00am
21.4 percent drop in futures trading volume

21.4 percent drop in futures trading volume

The average daily trading volume at the futures counter declined by 21.4 percent on week-on-week basis to stand at 4.98 million shares as compared to previous week's average of 6.33 million shares. The futures spreads declined by 272bps during the outgoin
Published 09 Jan, 2012 12:00am
21.4 percent drop in futures trading volume

21.4 percent drop in futures trading volume

The average daily trading volume at the futures counter declined by 21.4 percent on week-on-week basis to stand at 4.98 million shares as compared to previous week's average of 6.33 million shares. The futures spreads declined by 272bps during the outgoin
Published 09 Jan, 2012 12:00am
Index loses 222 points

Index loses 222 points

Bearish trend was witnessed at the Karachi share market during the week ended on January 6, 2012, and the KSE-100 index declined by 222.31 points to close at 11,125.35 points. Trading, however, improved and the average daily volume increased by 10.9 perce
Published 09 Jan, 2012 12:00am
Index loses 222 points

Index loses 222 points

Bearish trend was witnessed at the Karachi share market during the week ended on January 6, 2012, and the KSE-100 index declined by 222.31 points to close at 11,125.35 points. Trading, however, improved and the average daily volume increased by 10.9 perce
Published 09 Jan, 2012 12:00am
Index loses 222 points

Index loses 222 points

Bearish trend was witnessed at the Karachi share market during the week ended on January 6, 2012, and the KSE-100 index declined by 222.31 points to close at 11,125.35 points. Trading, however, improved and the average daily volume increased by 10.9 perce
Published 09 Jan, 2012 12:00am
Iran says arrests US 'spies'

Iran says arrests US 'spies'

Iran has arrested an unidentified number of "spies" who allegedly sought to carry out US plans and disrupt an upcoming parliamentary election, intelligence minister Heydar Moslehi said on Sunday. "Those arrested were after carrying out American plans and
Published 09 Jan, 2012 12:00am
Iran says arrests US 'spies'

Iran says arrests US 'spies'

Iran has arrested an unidentified number of "spies" who allegedly sought to carry out US plans and disrupt an upcoming parliamentary election, intelligence minister Heydar Moslehi said on Sunday. "Those arrested were after carrying out American plans and
Published 09 Jan, 2012 12:00am
US will respond if strait blocked

US will respond if strait blocked

The United States will respond if Iran tries to close the strategic Strait of Hormuz at the entrance to the Gulf, US Defence Secretary Leon Panetta warned Sunday, saying such a move would cross a "red line." "We made very clear that the United States will
Published 09 Jan, 2012 12:00am
US will respond if strait blocked

US will respond if strait blocked

The United States will respond if Iran tries to close the strategic Strait of Hormuz at the entrance to the Gulf, US Defence Secretary Leon Panetta warned Sunday, saying such a move would cross a "red line." "We made very clear that the United States will
Published 09 Jan, 2012 12:00am
THE RUPEE: dollar strong, looking for more strength

THE RUPEE: dollar strong, looking for more strength

In the beginning the New Year 2012, the dollar continued its riding over the rupee's weakness during the week, ended on December 7, 2012. In the inter-bank dealings, during the week, the rupee shed 48 paisa against the dollar for buying at 90.60 and it al
Published 09 Jan, 2012 12:00am
THE RUPEE: dollar strong, looking for more strength

THE RUPEE: dollar strong, looking for more strength

In the beginning the New Year 2012, the dollar continued its riding over the rupee's weakness during the week, ended on December 7, 2012. In the inter-bank dealings, during the week, the rupee shed 48 paisa against the dollar for buying at 90.60 and it al
Published 09 Jan, 2012 12:00am
The Weather

The Weather

The weather report on Sunday (January 08, 2012) and the forecast for Monday (January 09, 2012).

Published 09 Jan, 2012 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 03 to January 06 2012).

Published 09 Jan, 2012 12:00am
Everything in garb of loadshedding?

Everything in garb of loadshedding?

Allah has given us so many natural minerals and resources, such as gas, oil, coal, gold, jewel stones and water in the shape of glaciers and rivers. We are a fortunate nation that we have all these things. But the nation has been unlucky in finding a sinc
Published 09 Jan, 2012 12:00am
Tensions rise between Turkish military and government

Tensions rise between Turkish military and government

The arrest and detention in the early hours of Friday morning of the former head of Turkey's military, General Ilker Basbug, signals an increase in tensions between the government and the military that looks certain to escalate further.
Published 09 Jan, 2012 12:00am
Is there any taker of Land Reforms anymore?

Is there any taker of Land Reforms anymore?

Elections are approaching and political parties are preparing their manifestoes. All are unanimous that people got a raw deal under both dictatorship and democracy. Some leaders argue that corruption is the central issue which if solved would automaticall
Published 09 Jan, 2012 12:00am
Get fiscal house in order!

Get fiscal house in order!

The State Bank of Pakistan has made a disturbing observation yet again that should be a source of serious concern to the Ministry of Finance: get the fiscal house in order.
Published 09 Jan, 2012 12:00am
Invigorating SMEs

Invigorating SMEs

Speaking at a meeting the other day of the Small and Medium Enterprises (SMEs) Credit Advisory Committee, State Bank Governor Yaseen Anwar had good news to give the sector which has been struggling hard against exceptionally harsh conditions in the recent
Published 09 Jan, 2012 12:00am
An indelicate question on a delicate economy

An indelicate question on a delicate economy

The not-so-great quantum of autonomy enjoyed by the country's central bank, faces the grim prospects of a serious dilution if the version of the amendment in State Bank Act, passed by the Senate, becomes law. To restore the financial strength of the count
Published 09 Jan, 2012 12:00am
ICAP invites Cowperthwaite for lectures

ICAP invites Cowperthwaite for lectures

To facilitate practising members of Institute of Chartered Accountants of Pakistan (ICAP) in the small and medium practices in understanding the issues and benefits of the clarified International Standards on Auditing (ISA) from SMP's perspective, the Cou
Published 09 Jan, 2012 12:00am
'Honour killings, domestic disputes claim 720 lives in Sindh'

'Honour killings, domestic disputes claim 720 lives in Sindh'

Honour killings and domestic disputes claimed lives of 605 women and 115 men in Sindh in 2011. According to study conducted by Research and Development for Human Resources (RDHR) Women Rights Cell, 284 women were killed in the name of honour killing and 3
Published 09 Jan, 2012 12:00am
Balloting ceremony for allocation of plots in Naya Nazimabad held

Balloting ceremony for allocation of plots in Naya Nazimabad held

Following the successful launch of Naya Nazimabad, a balloting ceremony for allocation of plots for block A, C and D was held at the Naya Nazimabad site here on Sunday. Naya Nazimabad is designed to provide secure and affordable housing for the progressiv
Published 09 Jan, 2012 12:00am
Sindh government to reopen Badin Open Jail

Sindh government to reopen Badin Open Jail

"Now, the prisoners would enjoy punishment days with their families in Chounras (huts) of Badin's Open Jail (prison), and all prisoners would also be trained to cultivate various crops on the open land of the Jail", sources in the Prisons Department told
Published 09 Jan, 2012 12:00am
Three children among five die of suffocation

Three children among five die of suffocation

Five people including three children died due to suffocation in the provincial capital Quetta and adjoining town Kuchlak during the night between Saturday and Sunday.
Published 09 Jan, 2012 12:00am
Members of SU syndicate named

Members of SU syndicate named

Governor Sindh Dr Ishratul Ibad, who is Chancellor of the Universities in Sindh, has nominated the members of syndicate University of Sindh against various categories for the period of three years.
Published 09 Jan, 2012 12:00am
Killing of Professor Channar condemned

Killing of Professor Channar condemned

The senior Academicians of the University of Sindh have strongly condemned the assassination of Prof Bashir Ahmed Channar and fully supported the steps taken by the Vice Chancellor Dr Nazir Ahmed Mughal for the arrest of culprits.
Published 09 Jan, 2012 12:00am
CAA awards scholarships to 180 employees' children

CAA awards scholarships to 180 employees' children

Civil Aviation Authority (CAA) Director General awarded scholarships to 180 PCAA employees' children and issued promotion orders of 99 lower staff members. According to a press release, 180 children of Civil Aviation Authority's employees have been gettin
Published 09 Jan, 2012 12:00am
CPNE to continue efforts for protection of press freedom

CPNE to continue efforts for protection of press freedom

The Council of Pakistan Newspaper Editors (CPNE) has reiterated that it will continue to strive for protection of freedom of press against all odds. The CPNE has also urged all institutions to respect the right of expression of every citizen granted under
Published 09 Jan, 2012 12:00am
Bangladesh exports short of target on global woes

Bangladesh exports short of target on global woes

Bangladesh's exports in December rose 3.8 percent to $2.06 billion from a year earlier but still 11.15 percent short of target as a cooling global economy bites its overseas sales. Exports for July-December, the first six months of the fiscal year, were u
Published 09 Jan, 2012 12:00am
Ifo's Sinn says Germany 'marginalised' in ECB

Ifo's Sinn says Germany 'marginalised' in ECB

The head of Germany's revered Ifo economics institute said in a magazine interview on Sunday that Europe's largest economy was being "marginalised" in the European Central Bank. Quoted by Der Spiegel, Hans-Werner Sinn said the development was underlined b
Published 09 Jan, 2012 12:00am
Venezuela sees no World Bank ruling on Exxon in 2012

Venezuela sees no World Bank ruling on Exxon in 2012

Venezuela's oil minister said on Saturday he does not expect a ruling in World Bank arbitration with Exxon Mobil this year, after another tribunal awarded the US major $908 million last week. Both cases relate to the nationalisation by President Hugo Chav
Published 09 Jan, 2012 12:00am
Iran bans unofficial money trades after rial slip

Iran bans unofficial money trades after rial slip

Iran's parliament cracked down on unofficial money traders on Sunday after new US sanctions helped trigger a currency crash as Iranians rushed to buy dollars. The rial lost about 20 percent of its value against the dollar before the central bank intervene
Published 09 Jan, 2012 12:00am
China loan growth quickens, more policy easing seen

China loan growth quickens, more policy easing seen

China's banks ratcheted up lending in the last month of 2011 on the back of stronger money supply, reinforcing perceptions that the central bank is gently easing policy to cushion the impact of the global economic slowdown.
Published 09 Jan, 2012 12:00am
Czech finance minister looks at CZK 30 billion savings

Czech finance minister looks at CZK 30 billion savings

The Czech government is working on a plan to save 30 billion crowns ($1.47 billion) to compensate for lower-than-expected economic output this year, Finance Minister Miroslav Kalousek said on Sunday. The central European country's 2012 budget is based on
Published 09 Jan, 2012 12:00am
US demands names of Swiss bank staff

US demands names of Swiss bank staff

US authorities have given Swiss banks suspected of selling tax evasion services to wealthy Americans a January 23. deadline to hand over the names of client advisers, a Swiss newspaper reported on Sunday. Citing banking sources, the NZZ am Sonntag said Sw
Published 09 Jan, 2012 12:00am
IMF head says Hungary central bank bill is key issue

IMF head says Hungary central bank bill is key issue

Hungary's legislation on its central bank will be a key issue at the country's talks next week with the International Monetary Fund, the Fund's Managing Director Christine Lagarde said. A new bill affecting the Hungarian central bank has been criticised b
Published 09 Jan, 2012 12:00am
Cameron vows to block EU-wide Tobin tax

Cameron vows to block EU-wide Tobin tax

British Prime Minister David Cameron said on Sunday he would veto a European-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union heavyweights France and Germany. He said France should be free to go
Published 09 Jan, 2012 12:00am
Oman to boost spending by 26 percent in 2011-2015 plan

Oman to boost spending by 26 percent in 2011-2015 plan

Oman plans to boost budget spending by 26 percent in its five-year plan, which ends in 2015, to create jobs and improve living standards in the Gulf Arab oil exporter, its finance minister said on Sunday. The sultanate, which was hit by protests demanding
Published 09 Jan, 2012 12:00am
Italy plans gradual liberalisation to boost economy

Italy plans gradual liberalisation to boost economy

Italy plans gradual liberalisations in sectors ranging from energy to professional services to revive its ailing economy, the industry minister said on Sunday, ahead of meetings with European partners to discuss ways to stem the debt crisis.
Published 09 Jan, 2012 12:00am
EU's Tajani wants ECB more like US Fed

EU's Tajani wants ECB more like US Fed

European Union Industry Commissioner Antonio Tajani said in an interview on Sunday he thought the European Central Bank should expand its role to promote development. "My opinion is we also need an ECB like the US Federal Reserve, which should work not on
Published 09 Jan, 2012 12:00am
Hundreds protest at D&G photo 'ban' in Hong Kong

Hundreds protest at D&G photo 'ban' in Hong Kong

More than a thousand people protested outside a Dolce and Gabbana store in Hong Kong on Sunday after the Italian clothing store allegedly prevented people from taking photographs of its shop front. The protest followed reports that a Dolce and Gabbana sec
Published 09 Jan, 2012 12:00am
Rare Moon mineral found in Australia

Rare Moon mineral found in Australia

A mineral brought back to Earth by the first men on the Moon and long thought to be unique to the lunar surface has been found in Australian rocks more than one billion years old, scientists said on January 05.
Published 09 Jan, 2012 12:00am
Medical information on web has pros and cons

Medical information on web has pros and cons

You feel a twinge in your stomach and there is no obvious explanation. Or maybe, for no apparent reason, you get a stabbing headache. To whom - or to what - do you turn first? According to various studies, there is a good chance it is the internet.
Published 09 Jan, 2012 12:00am
Gastric bypass cuts death risk

Gastric bypass cuts death risk

Obese people who undergo gastric bypass surgery are less likely to die from heart attack and stroke than people who receive more conventional treatment for their weight condition, a Swedish study said on January 03.
Published 09 Jan, 2012 12:00am
'Lost world' of sea life thrives on Antarctic sea floor

'Lost world' of sea life thrives on Antarctic sea floor

A seven-pronged starfish, a mysterious pale octopus and a new kind of yeti crab are among a teeming community of previously undiscovered life on the sea floor near Antarctica, British researchers said. The species, described last week on the online journa
Published 09 Jan, 2012 12:00am
Drug use not tied to mental decline in middle age

Drug use not tied to mental decline in middle age

Middle aged adults whose memories have grown hazy can't blame occasional pot smoking or other light illicit drug use, new research suggests. In a study of nearly 9,000 Britons whose memory and mental function were tested at age 50, researchers found that
Published 09 Jan, 2012 12:00am
Soya may not protect against stomach cancer

Soya may not protect against stomach cancer

Estrogen-like compounds that come with a soya-rich diet are sometimes linked to a reduced risk of cancer, but new research from Japan suggests that protection doesn't extend to stomach cancer. In a study that tried to tease apart the effects of isoflavone
Published 09 Jan, 2012 12:00am
Modern disease found in ancient bones

Modern disease found in ancient bones

US scientists said on January 03 that their study of a set of medieval bones found in Albania has revealed traces of a modern infectious disease that afflicts people who eat unpasteurized dairy products. The findings, published in the American Journal of
Published 09 Jan, 2012 12:00am
Ultra-thin laptops set to dazzle CES gadget fair

Ultra-thin laptops set to dazzle CES gadget fair

Ultra-thin laptops will take centre-stage alongside new software and smartphones at the annual Consumer Electronics Show (CES), a gadget extravaganza that officially opens on Tuesday in Las Vegas. The more than 2,700 exhibitors filling an excess of 1.8 mi
Published 09 Jan, 2012 12:00am
New tech trend for 2012 and beyond

New tech trend for 2012 and beyond

Despite gloomy headlines from Europe over the past year, a new technology mash-up is emerging that could spark some exciting ideas for investors. There is long-term growth in convergent technologies that integrate the Internet, green transportation, build
Published 09 Jan, 2012 12:00am
LG Electronics to roll out Google TV

LG Electronics to roll out Google TV

LG Electronics Inc said on January 6 it would unveil its first Google TV next week, joining Sony Corp and Samsung Electronics Co in partnering with the search giant to get a foothold in the emerging Internet TV market. Google hopes to replicate the succes
Published 09 Jan, 2012 12:00am
New iPhone doubles data consumption

New iPhone doubles data consumption

Apple's new iPhone 4S consumes on average twice as much data as the previous iPhone model and even more than iPad tablets due to increasing use of online services like the virtual personal assistant Siri, an industry study showed. When Apple rolled out th
Published 09 Jan, 2012 12:00am
ICANN to expand top level domains

ICANN to expand top level domains

ICANN, an independent body responsible for organising the Internet, plans to press ahead with plans to expand the number of possible website addresses despite criticism from industry and concerns from some law enforcement groups. The Internet Corporation
Published 09 Jan, 2012 12:00am
Japan developing cyber weapon: report

Japan developing cyber weapon: report

Japan has been developing a virus that could track down the source of a cyber attack and neutralise its programme, the daily Yomiuri Shimbun reported on January 1. The weapon is the culmination of a 179 million yen ($2.3 million) three-year project entrus
Published 09 Jan, 2012 12:00am
Tiny wires may usher in new computer era

Tiny wires may usher in new computer era

Scientists said on January 5 they have designed tiny wires, 10,000 times thinner than a human hair but with the same electrical capacity as copper, in a major step toward building smaller, more potent computers. The advance, described in the US journal Sc
Published 09 Jan, 2012 12:00am
Latest Apple iPhone to hit China on 13th

Latest Apple iPhone to hit China on 13th

Apple on January 4 announced that the latest version of its hot-selling iPhones will be released in China and 21 other countries on January 13. Apple prices for iPhone 4S handsets ranged from $199 to $399 depending on memory capacity. Popular iPhone 4S fe
Published 09 Jan, 2012 12:00am
Design ringtones for mobile phones with iTunes

Design ringtones for mobile phones with iTunes

The times of expensive ringtones from the internet are over now that iTunes software can be used to design jingles for iPhones. Just enter the desired audio segment of 20 to 30 seconds into options for the song title and transform the clip to an AAC forma
Published 09 Jan, 2012 12:00am
High speed DSL via WiFi only with right standard

High speed DSL via WiFi only with right standard

Those who want to use a high speed DSL connection via wireless connection (WiFi) must also have a correspondingly fast router. The German telecommunications portal Teltarif.de suggests that maximum data throughput be much higher than the DSL tempo. The ac
Published 09 Jan, 2012 12:00am
Google recognises faces only with consent of user

Google recognises faces only with consent of user

The social network Google+ will soon be able to recognise faces. But "Find my Face" can only identify people who have expressly consented, according to Peter Fleischer, data protection officer with Google.
Published 09 Jan, 2012 12:00am
All gadgets need regular software upgrades

All gadgets need regular software upgrades

Just like with computers and smartphones, other technical devices should receive software updates from time to time. Televisions, Blu-ray players or cameras can all achieve higher performance or be more secure with updated device software, according to th
Published 09 Jan, 2012 12:00am
Goldman advisor defends $2 billion Islamic bond scheme

Goldman advisor defends $2 billion Islamic bond scheme

An advisor to Goldman Sachs has defended the US bank's $2 billion Islamic bond programme against criticism it may contravene religious principles, in a controversy that could affect Western banks' ability to enter the Islamic debt market.
Published 09 Jan, 2012 12:00am
Goldman advisor defends $2 billion Islamic bond scheme

Goldman advisor defends $2 billion Islamic bond scheme

An advisor to Goldman Sachs has defended the US bank's $2 billion Islamic bond programme against criticism it may contravene religious principles, in a controversy that could affect Western banks' ability to enter the Islamic debt market.
Published 09 Jan, 2012 12:00am
Carlsberg sees Russia growth, EU gloom in 2012

Carlsberg sees Russia growth, EU gloom in 2012

Danish brewer Carlsberg expects its key Russian beer market to begin recovering in 2012 although the decline in western European markets could intensify over the next three years as the euro zone crisis bites.
Published 09 Jan, 2012 12:00am
'Adidas very satisfied with 2011 sales'

'Adidas very satisfied with 2011 sales'

Adidas is pleased with its full-year 2011 sales, its chief financial officer told a German newspaper, as the world's second-largest maker of sports apparel targets record revenue. "We had raised the outlook several times in the course of the year and now
Published 09 Jan, 2012 12:00am
Emirates Islamic eyes benchmark sukuk

Emirates Islamic eyes benchmark sukuk

Emirates Islamic Bank, a unit of Emirates NBD (ENBD), has picked six banks for a potential benchmark-sized dollar sukuk, or Islamic bond, a source familiar with the matter said on January 03. The lender selected National Bank of Abu Dhabi, HSBC, Standard
Published 09 Jan, 2012 12:00am
Emirates Islamic eyes benchmark sukuk

Emirates Islamic eyes benchmark sukuk

Emirates Islamic Bank, a unit of Emirates NBD (ENBD), has picked six banks for a potential benchmark-sized dollar sukuk, or Islamic bond, a source familiar with the matter said on January 03. The lender selected National Bank of Abu Dhabi, HSBC, Standard
Published 09 Jan, 2012 12:00am
Investment banking dreams may die in 2012

Investment banking dreams may die in 2012

Will there be fewer investment banks at the end of 2012? Brutal market conditions forced almost all wholesale banks to cut costs and jobs in 2011. New regulations will force further shrinkage simply to generate acceptable returns. Unless the market picks
Published 09 Jan, 2012 12:00am
Nissan says UK car plant hits record output

Nissan says UK car plant hits record output

Japanese auto giant Nissan on January 04 said that its factory in Sunderland, north-east England, produced more than 480,000 cars last year, a record high for a British plant. Output at the Sunderland plant surged to 480,485 vehicles last year, Nissan sai
Published 09 Jan, 2012 12:00am
Tata admits mistakes with Nano

Tata admits mistakes with Nano

The boss of India's Tata Group conceded on January 05 the company had made mistakes with its Nano, the world's cheapest car, saying it now wanted to change the perception it was a "poor man's" vehicle. The 140,000-rupee ($2,650) Nano has failed to take of
Published 09 Jan, 2012 12:00am
Ford, Chrysler rack up strong 2011 gains

Ford, Chrysler rack up strong 2011 gains

US automaker Ford said on January 04 sales had remained strong in December to give it an 11 percent rise for the year, while smaller Chrysler reported a 26 percent gain for 2011. Ford sales hit 2.15 million vehicles last year, helped by a solid 10 percent
Published 09 Jan, 2012 12:00am
Ford, Chrysler rack up strong 2011 gains

Ford, Chrysler rack up strong 2011 gains

US automaker Ford said on January 04 sales had remained strong in December to give it an 11 percent rise for the year, while smaller Chrysler reported a 26 percent gain for 2011. Ford sales hit 2.15 million vehicles last year, helped by a solid 10 percent
Published 09 Jan, 2012 12:00am
Hyundai Motor aims to sell 7 million cars in 2012

Hyundai Motor aims to sell 7 million cars in 2012

South Korea's Hyundai Motor Group on January 02 set a 2012 sales target of 7 million cars after achieving a record 6.6 million cars sold last year despite global economic turbulence.
Published 09 Jan, 2012 12:00am
Hyundai Motor aims to sell 7 million cars in 2012

Hyundai Motor aims to sell 7 million cars in 2012

South Korea's Hyundai Motor Group on January 02 set a 2012 sales target of 7 million cars after achieving a record 6.6 million cars sold last year despite global economic turbulence.
Published 09 Jan, 2012 12:00am
Maradona attacks 'traitor' Leonardo

Maradona attacks 'traitor' Leonardo

Argentinian football legend Maradona has unleashed an astonishing attack on Paris Saint Germain sporting director Leonardo, questioning the Brazilian's motives at the Qatari-backed French club.
Published 09 Jan, 2012 12:00am
Murray flattens Dolgopolov in Brisbane final

Murray flattens Dolgopolov in Brisbane final

World number four Andy Murray laid down a marker for the Australian Open with a 65-minute demolition of Alexandr Dolgopolov in the final of the Brisbane International on Sunday. Murray, runner-up at Melbourne Park for the past two years as he chases his f
Published 09 Jan, 2012 12:00am
Pakistan chances look bleak in Olympics

Pakistan chances look bleak in Olympics

Former Olympians said on Sunday that the chances of Pakistan team in the 2012 London Olympics looks bleak. PHF had earlier issued notices to 13 former Olympians by levelling charges of alleged involvement of federation office bearers in human trafficking.
Published 09 Jan, 2012 12:00am
Bangladesh cricket team to tour Pakistan in April

Bangladesh cricket team to tour Pakistan in April

Pakistan Cricket Board Chairman, Chaudhry Zaka Ashraf has said that Bangladesh cricket team will tour Pakistan in April, 2012 and they have been assured of foolproof security. Addressing a press conference on the eve of Golden Jubilee of Niaz Stadium Hyde
Published 09 Jan, 2012 12:00am
Policeman hurt in clashes ahead of Atalanta: Milan

Policeman hurt in clashes ahead of Atalanta: Milan

A Carabineri federal policeman suffered a hand injury as clashes broke out ahead of the Serie A match between Atalanta and AC Milan in Bergamo on Sunday. Violence broke out as police tried to form a barricade to keep rival supporters apart as a coach-load
Published 09 Jan, 2012 12:00am
Decastel goes back to Esperance

Decastel goes back to Esperance

African Champions League holders Esperance of Tunisia have brought Swiss Michel Decastel back to the club he coached nine years ago. The club website said he will replace Nabil Maaloul, who quit citing tiredness after leading the Tunis team to the Champio
Published 09 Jan, 2012 12:00am
Nadal unsure of form for Australian Open

Nadal unsure of form for Australian Open

Spain's former tennis world number one Rafael Nadal, who has struggled with a sore left shoulder since the end of last season, said on Sunday he is not sure he will be playing at his peak at the Australian Open later this month.
Published 09 Jan, 2012 12:00am
Di Natale brace inspires another Udinese win

Di Natale brace inspires another Udinese win

Irrepressible striker Antonio Di Natale, Serie A's leading scorer in the last two seasons, scored twice to help Udinese to a 4-1 win over struggling Cesena on Sunday. The 34-year-old's brace made him joint top scorer this term with 12 goals, alongside Ata
Published 09 Jan, 2012 12:00am
United just see off City in FA Cup classic

United just see off City in FA Cup classic

Manchester United held on to quell a spirited second half comeback by Manchester City as they knocked the holders out of the FA Cup with a 3-2 third round win at Eastlands here on Sunday.
Published 09 Jan, 2012 12:00am
Raonic wins thrilling Chennai Open final

Raonic wins thrilling Chennai Open final

Big-serving Milos Raonic enhanced his reputation as one of the hottest young stars in men's tennis when he won the ATP Chennai Open title on Sunday in a nail-biting encounter. The 21-year-old Canadian, named the ATP's newcomer of 2011 for jumping from 156
Published 09 Jan, 2012 12:00am
Cook hits 76 as England crumble in tour opener

Cook hits 76 as England crumble in tour opener

Opener Alastair Cook was the only batsman to get some good practice as England's batting crumbled against some spirited ICC Combined XI bowling in their three-day tour opener here on Sunday. The left-hander held the batting during his patient knock as non
Published 09 Jan, 2012 12:00am
Gyan Nations Cup blow for Ghana

Gyan Nations Cup blow for Ghana

Ghana suffered a major blow to their Africa Cup of Nations preparations on Sunday with an injury to top striker Asamoah Gyan. The United Arab Emirates-based Gyan is suffering from a tendon problem in his knee which has cast doubt on his participation in t
Published 09 Jan, 2012 12:00am
Mexico arrests goalkeeper as kidnapping suspect

Mexico arrests goalkeeper as kidnapping suspect

Mexican police have arrested former international soccer goalkeeper Omar Ortiz on suspicion of links to organised crime, fanning concerns about lawlessness plaguing the United States' southern neighbour. An official in the northern Mexican state of Knave
Published 09 Jan, 2012 12:00am
China tightens disclosure rules for start-up board

China tightens disclosure rules for start-up board

China's stock market regulator will require companies listed on the country's Shenzhen start-up board to disclose more information to investors, the latest move by China to tighten the supervision of its often unruly capital markets.
Published 09 Jan, 2012 12:00am
Deutsche Bank made best end-2011 FX call

Deutsche Bank made best end-2011 FX call

Deutsche Bank's call last January in the Reuters monthly foreign exchange poll that the euro and yen would both remain strong earned the bank most accurate forecaster for the long view. They have started this year with almost the same call, expecting the
Published 09 Jan, 2012 12:00am
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