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Print - 2012-02-19
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
THE RUPEE: dollar stays put

THE RUPEE: dollar stays put

The rupee retained overnight levels against dollar on the open market on Saturday in process of trading, dealers said. The rupee managed to retain its levels in relation to dollar for buying and selling at 90.80 and 91.00, they said.
Published 19 Feb, 2012 12:00am
THE RUPEE: dollar stays put

THE RUPEE: dollar stays put

The rupee retained overnight levels against dollar on the open market on Saturday in process of trading, dealers said. The rupee managed to retain its levels in relation to dollar for buying and selling at 90.80 and 91.00, they said.
Published 19 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (February 18, 2012).

Published 19 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

Downward trend was seen on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March vaida that had closed at 769.20 opened with a fall of 20 paisa at Rs 769.00. The March vaida which closed at Rs 687.70 also commenc
Published 19 Feb, 2012 12:00am
Exporters take interest in purchasing low quality cotton

Exporters take interest in purchasing low quality cotton

Modest business was seen on the cotton market on Saturday as exporters took interest in purchasing of low quality cotton, in the meantime, mills and spinners kept on the sidelines to see fresh development after the release of Pakistan Cotton Ginners Assoc
Published 19 Feb, 2012 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

US Plains hard red winter wheat basis bids were steady on Friday in a quiet market, dealers said. Wheat offers were thin and demand remained underpinned by substitution of winter wheat for pricey spring wheat supplies. The US Agriculture Department said t
Published 19 Feb, 2012 12:00am
Rates almost flat on seed, grain market

Rates almost flat on seed, grain market

Balanced demand and supply position did not allow any decline in the prices of commodities on the wholesale grain market on Saturday, dealers said. On the cereals side, Makai was quoted higher at Rs 2375 in process of trading, Juwar followed the same patt
Published 19 Feb, 2012 12:00am
Canadian canola futures climb

Canadian canola futures climb

ICE Canadian canola futures climbed to a fresh five-month high on Friday, buoyed by rising US grain prices, and posted their fifth straight weekly gain. March touched $556.60, the highest price for a nearby contract on a continuous chart since September 2
Published 19 Feb, 2012 12:00am
US wheat, corn and soyabean futures higher

US wheat, corn and soyabean futures higher

US wheat, corn and soyabean futures advanced ahead of a three-day US holiday weekend on Friday on export demand for all three commodities and optimism about a debt deal for Greece that bolstered risk sentiment. Wheat posted the biggest gains at the Chicag
Published 19 Feb, 2012 12:00am
Soyabean export premiums firm at US Gulf Coast

Soyabean export premiums firm at US Gulf Coast

Soyabean export premiums at the US Gulf Coast were mostly steady to firm on Friday on robust demand helped by unseasonably lofty Brazilian new-crop prices, traders said. USDA on Friday confirmed the sale of 2.92 million tonnes of US soyabeans, most of it
Published 19 Feb, 2012 12:00am
Brazil's 2012-13 coffee crop will reach to 55 million bags

Brazil's 2012-13 coffee crop will reach to 55 million bags

Brazil's upcoming 2012-13 arabica coffee crop will reach to 55.0 million 60-kg bags, giant German coffee trader Neumann Kaffee Gruppe (NKG) said in a report seen by Reuters on Friday. This is lower than the forecast of 55.8 million bags made by Brazilian
Published 19 Feb, 2012 12:00am
Palm oil prices rise on South America weather, China buy

Palm oil prices rise on South America weather, China buy

Palm oil prices rose on Friday, prompting buyers in Europe to cover their positions and spurred by concerns over weather in South America and China's soyabean purchases, traders said. Malaysian crude palm oil futures climbed to a near two-month high on ho
Published 19 Feb, 2012 12:00am
Rains boost Argentine 2011-12 soyabean crop but more needed

Rains boost Argentine 2011-12 soyabean crop but more needed

Rains that soaked parched Argentine 2011/12 soya this week boosted crop growth but some areas are still in need of showers, the Agriculture Ministry said on Friday. Weeks of dry weather reduced prospects for a record 2011/12 harvest in the world's No 3 so
Published 19 Feb, 2012 12:00am
Port Qasim's activities

Port Qasim's activities

A cargo volume of 43,188 tonnes, comprising 41,274 tonnes of import cargo and 1,914 tonnes of export cargo inclusive 39 loaded & empty containers (TEUs) was handled at Port Qasim during last 24 hours on Friday. The total import cargo of 41,274 tonnes incl
Published 19 Feb, 2012 12:00am
US Midwest corn and soya bids mixed

US Midwest corn and soya bids mixed

Corn and soyabean spot basis bids were steady to narrowly mixed around the US Midwest on Friday, with bids pressured at some locations following a spike in sales of each commodity, grain merchants said. CBOT soyabean futures rallied to a four-month high a
Published 19 Feb, 2012 12:00am
China sets record with US soyabean purchase

China sets record with US soyabean purchase

China set a record with a purchase of 2.92 million tonnes of US soyabeans, reported by exporters on Friday, two days after a Chinese delegation signed agreements in Iowa to buy millions of tonnes of the oilseed. The agreements were signed during a visit b
Published 19 Feb, 2012 12:00am
Implats agrees to re-hire all dismissed workers

Implats agrees to re-hire all dismissed workers

Impala Platinum, the world's second-largest platinum producer, has agreed to re-instate all 17,200 workers who were dismissed following an illegal strike, aiming to end a dispute that paralysed the company's biggest mine, the miners' union said on Saturda
Published 19 Feb, 2012 12:00am
Google bypassed Apple privacy settings

Google bypassed Apple privacy settings

Google was under fire Friday after it was revealed the Internet giant's ad-targeting "cookies" bypassed track-blocking software on Apple's web browser for iPhones and computers. Snippets of code called "cookies" from Google three online ad specialty firms
Published 19 Feb, 2012 12:00am
Eurozone mulls tweaks to Greek PSI to close debt gap

Eurozone mulls tweaks to Greek PSI to close debt gap

The eurozone is considering tweaks to Greek debt restructuring terms for private investors among several options to further reduce Greek debt towards the target of 120 percent of GDP in 2020, eurozone officials said. Under the main scenario of a debt sust
Published 19 Feb, 2012 12:00am
US Congress approves wireless spectrum auction

US Congress approves wireless spectrum auction

The US Congress approved legislation on Friday that would free up spectrum for next generation wireless networks to meet the surging growth of mobile devices. A bill passed by the House and the Senate extending payroll tax cuts and jobless benefits also c
Published 19 Feb, 2012 12:00am
SEC widens probe of exchange-traded funds

SEC widens probe of exchange-traded funds

US securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter. Prompted by a delay in a big trade at a popular ETF, the US Securities and Exchange Commission i
Published 19 Feb, 2012 12:00am
SEC widens probe of exchange-traded funds

SEC widens probe of exchange-traded funds

US securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter. Prompted by a delay in a big trade at a popular ETF, the US Securities and Exchange Commission i
Published 19 Feb, 2012 12:00am
Bank of America grants CEO $6 million in restricted stock

Bank of America grants CEO $6 million in restricted stock

Bank of America Corp has granted Chief Executive Officer Brian Moynihan restricted stock worth nearly $6 million, although the company must meet performance goals for much of it to pay out, according to a securities filing on Friday. The stock grants are
Published 19 Feb, 2012 12:00am
Italy must rapidly implement, extend reforms

Italy must rapidly implement, extend reforms

Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the euro zone's third-biggest economy, which he said would shrink by around 1.5 percent this year.
Published 19 Feb, 2012 12:00am
TNT rejects bid from UPS; talks continue

TNT rejects bid from UPS; talks continue

United Parcel Service Inc is in talks to acquire Dutch delivery company TNT Express NV, which has already rejected a 4.9 billion euro ($6.45 billion) bid worth 42 percent more than its current market value. UPS, the world's largest package delivery compan
Published 19 Feb, 2012 12:00am
Thousands of Thais still jobless from 2011 floods

Thousands of Thais still jobless from 2011 floods

More than 45,000 people have lost their jobs as a result of floods late last year in central Thailand, a report said Saturday. The Labour Department said 284 factories that employ more than 160,000 workers remain closed, the Nation newspaper reported.
Published 19 Feb, 2012 12:00am
China acts to crank up credit as lending, economy slow

China acts to crank up credit as lending, economy slow

China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fi
Published 19 Feb, 2012 12:00am
Hedge funds see treasure in new public players

Hedge funds see treasure in new public players

Hedge fund managers bought shares of several of last year's hot IPOs in the fourth quarter, including upscale retailer Michael Kors and online networking site LinkedIn. Another company with an initial public offering that was a hedge fund favourite was on
Published 19 Feb, 2012 12:00am
Hedge funds see treasure in new public players

Hedge funds see treasure in new public players

Hedge fund managers bought shares of several of last year's hot IPOs in the fourth quarter, including upscale retailer Michael Kors and online networking site LinkedIn. Another company with an initial public offering that was a hedge fund favourite was on
Published 19 Feb, 2012 12:00am
Sri Lankan stocks edge up; rupee firmer

Sri Lankan stocks edge up; rupee firmer

Sri Lanka's stock market edged up on Friday as retail and foreign investors snapped up battered shares, while the rupee strengthened with banks selling dollars on speculation the currency will appreciate with stock-related inflows. The main share index ju
Published 19 Feb, 2012 12:00am
ADR report: overseas shares flat ahead of long weekend

ADR report: overseas shares flat ahead of long weekend

Overseas shares traded in New York were little changed on Friday with investors cautious going into a long holiday weekend and ahead of a critical meeting in Europe on Monday for the approval of Greece's bailout plan. The US market will be closed for the
Published 19 Feb, 2012 12:00am
European ETFs see record start to year

European ETFs see record start to year

European exchange-traded funds rode a broad rally in risk assets to chalk up record demand in January, with high-dividend funds the most sought after, a senior ETF strategist at State Street Global Advisors said. Matthew Arnold said the company's European
Published 19 Feb, 2012 12:00am
European ETFs see record start to year

European ETFs see record start to year

European exchange-traded funds rode a broad rally in risk assets to chalk up record demand in January, with high-dividend funds the most sought after, a senior ETF strategist at State Street Global Advisors said. Matthew Arnold said the company's European
Published 19 Feb, 2012 12:00am
Indian corporate bond yields unchanged

Indian corporate bond yields unchanged

Indian corporate bond yields ended flat on Friday in the absence of any major trigger, with traders looking out for rate cues before the Reserve Bank of India reviews policy in March. The five-year benchmark corporate bond yield ended steady at 9.33 perce
Published 19 Feb, 2012 12:00am
Indian corporate bond yields unchanged

Indian corporate bond yields unchanged

Indian corporate bond yields ended flat on Friday in the absence of any major trigger, with traders looking out for rate cues before the Reserve Bank of India reviews policy in March. The five-year benchmark corporate bond yield ended steady at 9.33 perce
Published 19 Feb, 2012 12:00am
TSX ends lower, but still up for the week

TSX ends lower, but still up for the week

Canadian stocks fell slightly on Friday as earnings-related drops in gold-mining and financial issues offset optimism that Greece will seal a long-awaited bailout deal next week and avoid a messy debt default. Soft earnings from Canada's top gold miners t
Published 19 Feb, 2012 12:00am
Turkish stocks, lira climb

Turkish stocks, lira climb

Turkish shares rose almost 2 percent on Friday on a rally in banking stocks, while the lira firmed against the dollar, helped by a drop in the cost of insuring government bonds against default and reviving confidence in monetary policy. The main Istanbul
Published 19 Feb, 2012 12:00am
Treasuries drop on Greek hopes

Treasuries drop on Greek hopes

US Treasuries prices ended lower on Friday as Greece appeared to be making progress towards restructuring its debt, dampening demand for safe haven US bonds, and before a holiday shortened week that will include $99 billion in new supply. The US Treasury
Published 19 Feb, 2012 12:00am
Treasuries drop on Greek hopes

Treasuries drop on Greek hopes

US Treasuries prices ended lower on Friday as Greece appeared to be making progress towards restructuring its debt, dampening demand for safe haven US bonds, and before a holiday shortened week that will include $99 billion in new supply. The US Treasury
Published 19 Feb, 2012 12:00am
JGBs mixed as superlongs catch up with shorter-end gains

JGBs mixed as superlongs catch up with shorter-end gains

Japanese government bond prices were mixed on Friday, with the curve flattening as superlong tenors caught up to the shorter end's gains in the wake of this week's unexpected easing by the Bank of Japan. For most of this week, the yield curve steepened as
Published 19 Feb, 2012 12:00am
JGBs mixed as superlongs catch up with shorter-end gains

JGBs mixed as superlongs catch up with shorter-end gains

Japanese government bond prices were mixed on Friday, with the curve flattening as superlong tenors caught up to the shorter end's gains in the wake of this week's unexpected easing by the Bank of Japan. For most of this week, the yield curve steepened as
Published 19 Feb, 2012 12:00am
Latam stocks edge up, look overbought

Latam stocks edge up, look overbought

Latin American stocks edged up on Friday, but investors showed caution ahead of a key meeting to approve Greece's next bailout on Monday, while analysts warned stocks looked expensive. The MSCI Latin American stock index added 1 percent, clocking an about
Published 19 Feb, 2012 12:00am
Wall Street ends week higher before Greece decision

Wall Street ends week higher before Greece decision

US stocks edged higher on Friday, but investors stayed cautious before a long holiday weekend when hopes are set for Greece's bailout plan to be approved. The S&P ended its sixth positive week out of seven so far in 2012, lifting it near levels not seen i
Published 19 Feb, 2012 12:00am
India's rupee defence succeeds - for now

India's rupee defence succeeds - for now

The Reserve Bank of India's victory in reversing a sharp decline in the rupee may be short-lived and the currency will remain vulnerable unless the problems of a hefty fiscal and current account deficit are addressed. The rupee plunged to a record low of
Published 19 Feb, 2012 12:00am
Investors slash Singapore dollar bets, halve Asia FX holdings

Investors slash Singapore dollar bets, halve Asia FX holdings

Investors slashed bets on the Singapore dollar by more than 80 percent while cutting positions in most emerging Asian currencies during the last two weeks, a Reuters poll indicated on Thursday. Investors more than halved bets on the Indian rupee, the Taiw
Published 19 Feb, 2012 12:00am
China offshore yuan market booms even as yuan bets fade

China offshore yuan market booms even as yuan bets fade

Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan fast enough to attract sustained interest.
Published 19 Feb, 2012 12:00am
Euro rises on hopes for Greek deal, gains limited

Euro rises on hopes for Greek deal, gains limited

The euro gained against the dollar and the yen on Friday on hopes for a rescue package for Greece but gains were capped before a key meeting on Monday with investors hesitant to make big bets before a long US holiday weekend. Greece edged closer to winnin
Published 19 Feb, 2012 12:00am
Canadian dollar eked out gains

Canadian dollar eked out gains

Canada's dollar eked out a small gain against the US dollar on Friday after data showed inflation rose more than expected last month, but the move is unlikely to prompt the Bank of Canada to raise interest rates this year. The annual inflation rate increa
Published 19 Feb, 2012 12:00am
Japan, China to promote yen-yuan currency exchange

Japan, China to promote yen-yuan currency exchange

China and Japan will begin work this month to promote the direct exchange of their currencies as trade between their two countries grows, the Nikkei newspaper reported on Friday. The bulk of trade between the world's second-largest and third-largest econo
Published 19 Feb, 2012 12:00am
Rand bounces from lows as stops triggered

Rand bounces from lows as stops triggered

The rand firmed against the dollar on Friday for the first day in four as it retreated from support levels, and bonds ended the week stronger in thin trade pending inflation data and the national budget announcement next week. The rand gained nearly 1 per
Published 19 Feb, 2012 12:00am
Speculators boost dollar bets

Speculators boost dollar bets

Currency speculators' bets in favour of the US dollar soared in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to $16.98 billion in the week ended Febru
Published 19 Feb, 2012 12:00am
Egypt trial on US democracy activists set for February 26

Egypt trial on US democracy activists set for February 26

An Egyptian court will start the trial on February 26 of activists from mostly American civil society groups accused of working illegally in Egypt, in a case which has strained US-Egyptian ties. A judicial source told Reuters that the 43 accused, includin
Published 19 Feb, 2012 12:00am
Man charged with would-be suicide attack on US Capitol

Man charged with would-be suicide attack on US Capitol

An alleged would-be suicide bomber was arrested on his way to what he believed would be an attack on the US Capitol Friday, the US Justice Department said. Amine El Khalifi, 29, an illegal immigrant from Morocco, was charged in a Virginia court with attem
Published 19 Feb, 2012 12:00am
Family, fans, stars gather to mourn Whitney Houston

Family, fans, stars gather to mourn Whitney Houston

Stars, family and friends gathered to mourn Whitney Houston at her funeral on Saturday, a week after the sudden death of the singer whose spectacular voice and best-selling albums made her one of biggest pop stars of her era. Houston, who died in a Beverl
Published 19 Feb, 2012 12:00am
Swedish man survives two months in snow-bound car

Swedish man survives two months in snow-bound car

A Swedish man has been found alive inside a car submerged in deep snow, after apparently surviving for two months on nothing but snow in sub-zero temperatures. The man, who was stranded in the car on December 19 according to the Vasterbotten Courier newsp
Published 19 Feb, 2012 12:00am
Trial begins in Iran's biggest banking scandal

Trial begins in Iran's biggest banking scandal

Thirty-two people suspected of involvement in a multi-billion dollar banking fraud with alleged links to the government of Iranian president Mahmoud Ahmadinejad have gone on trial in Tehran, the Iranian state news agency reported. The record embezzlement
Published 19 Feb, 2012 12:00am
Iraq tightens security at Syrian border to stop arms flow

Iraq tightens security at Syrian border to stop arms flow

Iraq said on Saturday it had reinforced security along its Syrian border to prevent arms smuggling, after reports fighters and weapons were crossing into Syria where President Bashar al-Assad has been facing an increasingly armed revolt. The Shia-led Iraq
Published 19 Feb, 2012 12:00am
Former Maldives president pushes for polls date

Former Maldives president pushes for polls date

Former Maldivian President Mohamed Nasheed on Saturday demanded the government fulfil its promise to set an early election date to ease the political impasse gripping the troubled islands. "The people of the country want an early election. They want to kn
Published 19 Feb, 2012 12:00am
Cargo ship sinks off China's coast; eight dead

Cargo ship sinks off China's coast; eight dead

A cargo ship carrying pottery clay sunk off China's south-eastern coast early Saturday, killing at least eight people. Elsewhere in the country, 10 people were killed when a bus rolled over and plunged 26 feet (8 meters) into a gully. Xinhua News Agency r
Published 19 Feb, 2012 12:00am
Crews extinguish fire at BP's Cherry Point

Crews extinguish fire at BP's Cherry Point

A large blaze on Friday afternoon shut the only crude distillation unit at BP Plc's 225,000 barrel per day (bpd) Cherry Point refinery, the largest in Washington state, according to sources familiar with refinery operations. BP spokesman Scott Dean declin
Published 19 Feb, 2012 12:00am
Kolkata turns blue in new facelift

Kolkata turns blue in new facelift

Kolkata, once the capital of British India, is slowly being painted blue - the favourite colour of the fiery new chief minister of the local state who has ordered a makeover. Mamata Banerjee came to power in West Bengal last year after 34 years of Marxist
Published 19 Feb, 2012 12:00am
Latvia holds referendum on Russian language

Latvia holds referendum on Russian language

EU member Latvia was Saturday holding a controversial referendum on whether to make Russian its second official language, an issue that highlights ethnic fault-lines in the ex-Soviet republic. With ethnic Russians, mostly from a Soviet-era settler communi
Published 19 Feb, 2012 12:00am
France's far right leader Le Pen tries revive campaign

France's far right leader Le Pen tries revive campaign

French far-right leader Marine Le Pen sought to revive her flagging presidential campaign on Saturday, saying she was the only genuine opposition to the established parties whose policies would lead France into a Greek-style tragedy. Le Pen, who replaced
Published 19 Feb, 2012 12:00am
Britain pays out $1.6 million to child asylum seekers

Britain pays out $1.6 million to child asylum seekers

Britain has paid compensation of over £1 million ($1.6 million, 1.2 million euros) to 40 child asylum seekers wrongly detained as adults, a newspaper reported on Saturday. The interior ministry paid out an additional £1 million in costs, the Guardian said
Published 19 Feb, 2012 12:00am
Bridge of sighs as Chelsea held in FA Cup

Bridge of sighs as Chelsea held in FA Cup

Everton and Bolton Wanderers achieved what beleaguered Chelsea and their under-fire manager could not by booking places in the FA Cup quarter-finals with 2-0 victories over second tier opposition on Saturday. Chelsea needed Daniel Sturridge's equaliser to
Published 19 Feb, 2012 12:00am
Jaded Ponting needs a break: coach

Jaded Ponting needs a break: coach

Ricky Ponting needs a rest but he cannot afford to leave the senior batsman out of the Australia team with regular skipper Michael Clarke injured, coach Mickey Arthur said Saturday. Ponting, 37, has played in all six of Australia's Tests this season as we
Published 19 Feb, 2012 12:00am
Azarenka reaches final

Azarenka reaches final

Victoria Azarenka overcame a second set injury scare to thrash Aginezska Radwanska 6-2, 6-4 and sweep into the final ofthe WTA Qatar Open on Saturday. The world number one from Belarus will meet Australia's US Open champion Samantha Stosur in Sunday's fin
Published 19 Feb, 2012 12:00am
China sentences 21 for match-fixing, corruption

China sentences 21 for match-fixing, corruption

A prominent former soccer boss and a referees director were among 21 handed jail terms for bribery and match-fixing in China on Saturday as part of a massive anti-graft drive aimed at cleaning up the corruption-blighted local game. Yang Yimin, a former de
Published 19 Feb, 2012 12:00am
GCU annual sports: Adnan Jahangir sets new record

GCU annual sports: Adnan Jahangir sets new record

Government College University's intermediate student Adnan Jahangir has set a new record in Triple Jump on the second day of GCU 112th Annual Sports. Around 600 students and teachers participated in 22 various games. Jahangir jumped to 13.75 metres to pas
Published 19 Feb, 2012 12:00am
FIFA head assures expediting work on 'FIFA Goal Projects'

FIFA head assures expediting work on 'FIFA Goal Projects'

President FIFA Jospeh S. Blatter assured President PFF Faisal Saleh Hayat for his commitment to expedite and start the process for the construction of five "FIFA Goal Projects" in March this year. The PFF President met Jospeh S. Blatter, President Federat
Published 19 Feb, 2012 12:00am
Lucky 13 for Federer against Nieminen

Lucky 13 for Federer against Nieminen

Top seed Roger Federer reached the Rotterdam Open semi-finals on Friday with a 7-5, 7-6 (7/2) win over Jarkko Nieminen, his 13th win in 13 matches against the Finn. The Swiss star will next face unseeded Russian Nikolay Davydenko, who shocked fifth seed R
Published 19 Feb, 2012 12:00am
Fixing allegations are false: Kaneria

Fixing allegations are false: Kaneria

Pakistan leg spinner Danish Kaneria on Saturday denied he had ever been involved in fixing matches. In sentencing Essex bowler Mervyn Westfield to four months in prison on Friday for on-field corruption, a judge in London accused Kaneria of pressuring tea
Published 19 Feb, 2012 12:00am
PCB seeks evidence as Kaneria leads Sindh

PCB seeks evidence as Kaneria leads Sindh

Pakistan cricket bosses will ask British authorities for the full judgement and evidence in a spot-fixing case that implicated leg-spinner Danish Kaneria, officials said Saturday. Kaneria's Essex teammate in England, Mervyn Westfield, was sentenced to fou
Published 19 Feb, 2012 12:00am
Pietersen, Cook guide England to series win

Pietersen, Cook guide England to series win

Kevin Pietersen hit his eighth one-day hundred while Alastair Cook missed a third consecutive century as England crushed Pakistan by nine wickets in the third day-night match on Saturday. The 31-year-old Pietersen notched an unbeaten 98-ball 111 while ope
Published 19 Feb, 2012 12:00am
US justices allow Montana corporation election spending

US justices allow Montana corporation election spending

The US Supreme Court on Friday handed a victory to corporations and a political advocacy group by allowing them to spend freely before Montana's 2012 elections, a follow-up case to the court's major campaign finance ruling two years ago. The justices gran
Published 19 Feb, 2012 12:00am
Prostitution probe to quiz Strauss-Kahn

Prostitution probe to quiz Strauss-Kahn

Former IMF chief Dominique Strauss-Kahn is to be questioned next week by police investigating an alleged prostitution ring in Lille, northern France, a police source said. The former finance minister, who left the International Monetary Fund (IMF) last Ma
Published 19 Feb, 2012 12:00am
Iran poised for big nuke jump

Iran poised for big nuke jump

Iran is poised to greatly expand uranium enrichment at a fortified underground bunker to a point that would boost how quickly it could make nuclear warheads, diplomats tell The Associated Press. They said Tehran has put finishing touches for the installat
Published 19 Feb, 2012 12:00am
US 'working' on China defection report

US 'working' on China defection report

The State Department said Friday it was working on a request from Congress to shed light on a visit by a former Chinese police chief to a US consulate, which sparked rumours he was trying to defect. Wang Lijun, who has close links to a high-profile conten
Published 19 Feb, 2012 12:00am
Santorum raises stakes in battle with Romney

Santorum raises stakes in battle with Romney

Rick Santorum is raising the stakes in his battle with Mitt Romney for the Republican presidential nomination by waging an aggressive campaign in the US Midwest industrial heartland. Santorum is leading in polls of Republican voters in Michigan, Romney's
Published 19 Feb, 2012 12:00am
Fire breaks out in upstate New York home; four killed

Fire breaks out in upstate New York home; four killed

A fire that broke out in an upstate New York home has killed four people believed to be either children or teenagers. Rochester Fire Chief John Caulfield tells the Democrat and Chronicle (http://on.rocne.ws/x6CzLe ) that fire-fighters were called to the h
Published 19 Feb, 2012 12:00am
Israel calls for tougher Iran sanctions

Israel calls for tougher Iran sanctions

Israeli Defence Minister Ehud Barak said on Saturday a nuclear-armed Iran would trigger an arms race in the Middle East and nations should impose "crippling" sanctions on Tehran to force it to give up its atomic programme. "A nuclear Iran is a threat to t
Published 19 Feb, 2012 12:00am
Japanese emperor's heart bypass operation a success

Japanese emperor's heart bypass operation a success

Japan's Emperor Akihito underwent on Saturday a successful heart bypass operation and doctors said they hoped he would be able to resume the normal lifestyle he wished for. Akihito, 78, has been receiving treatment for heart problems for the past year and
Published 19 Feb, 2012 12:00am
Australia marks 70 years since WWII Darwin bombing

Australia marks 70 years since WWII Darwin bombing

Australia on Saturday began marking the 70th anniversary of Japan's World War II bombing of Darwin, an event seen as the nation's "Pearl Harbour" and the root of its alliance with the United States. Air raids on the remote northern city on February 19, 19
Published 19 Feb, 2012 12:00am