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Print - 2012-08-10
Prime Minister says government fully committed to Thar coal project

Prime Minister says government fully committed to Thar coal project

Prime Minister Raja Pervez Ashraf Thursday announced full support of the federal government for the ambitious Thar Coal project, aimed at helping the country meet its energy shortages. Addressing a gathering here after visiting the Thar coal project, the
Published 10 Aug, 2012 12:00am
Prime Minister says government fully committed to Thar coal project

Prime Minister says government fully committed to Thar coal project

Prime Minister Raja Pervez Ashraf Thursday announced full support of the federal government for the ambitious Thar Coal project, aimed at helping the country meet its energy shortages. Addressing a gathering here after visiting the Thar coal project, the
Published 10 Aug, 2012 12:00am
Prime Minister says government fully committed to Thar coal project

Prime Minister says government fully committed to Thar coal project

Prime Minister Raja Pervez Ashraf Thursday announced full support of the federal government for the ambitious Thar Coal project, aimed at helping the country meet its energy shortages. Addressing a gathering here after visiting the Thar coal project, the
Published 10 Aug, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (August 09, 2012).

Published 10 Aug, 2012 12:00am
BRIndex30 up 12 points

BRIndex30 up 12 points

On Thursday, BRIndex30 opened at 10,200.09 and remained positive throughout the trading session. It touched an intraday high of 10,271.85 and an intraday low of 10,212.09 and closed at 10,212.09 which was 12 points or 0.12 percent higher than previous clo
Published 10 Aug, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (August 09, 2012).
Published 10 Aug, 2012 12:00am
BRIndex30 up 12 points

BRIndex30 up 12 points

On Thursday, BRIndex30 opened at 10,200.09 and remained positive throughout the trading session. It touched an intraday high of 10,271.85 and an intraday low of 10,212.09 and closed at 10,212.09 which was 12 points or 0.12 percent higher than previous clo
Published 10 Aug, 2012 12:00am
Index gains 15.45 points

Index gains 15.45 points

The benchmark KSE-100 index on Thursday gained 15.45 points to close at 14,759.59 points on the back of local and foreign investors support. The foreign investors'' interest continued and they remained net buyers of shares worth $1.15 million. The market
Published 10 Aug, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (August 09, 2012).

Published 10 Aug, 2012 12:00am
Index gains 15.45 points

Index gains 15.45 points

The benchmark KSE-100 index on Thursday gained 15.45 points to close at 14,759.59 points on the back of local and foreign investors support. The foreign investors' interest continued and they remained net buyers of shares worth $1.15 million. The market o
Published 10 Aug, 2012 12:00am
Index gains 15.45 points

Index gains 15.45 points

The benchmark KSE-100 index on Thursday gained 15.45 points to close at 14,759.59 points on the back of local and foreign investors support. The foreign investors' interest continued and they remained net buyers of shares worth $1.15 million. The market o
Published 10 Aug, 2012 12:00am
CDWP, Ecnec to okay over 40 projects next week

CDWP, Ecnec to okay over 40 projects next week

The Central Development Working Party (CDWP) and Executive Committee of the National Economic Council (Ecnec) would meet on August 15 and 16, respectively, to discuss and approve funding for more than 40 projects. According to sources, most of the project
Published 10 Aug, 2012 12:00am
CDWP, Ecnec to okay over 40 projects next week

CDWP, Ecnec to okay over 40 projects next week

The Central Development Working Party (CDWP) and Executive Committee of the National Economic Council (Ecnec) would meet on August 15 and 16, respectively, to discuss and approve funding for more than 40 projects. According to sources, most of the project
Published 10 Aug, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (August 09, 2012).

Published 10 Aug, 2012 12:00am
CDWP, Ecnec to okay over 40 projects next week

CDWP, Ecnec to okay over 40 projects next week

The Central Development Working Party (CDWP) and Executive Committee of the National Economic Council (Ecnec) would meet on August 15 and 16, respectively, to discuss and approve funding for more than 40 projects. According to sources, most of the project
Published 10 Aug, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (August 09, 2012).

Published 10 Aug, 2012 12:00am
Most major world economies slowing: OECD

Most major world economies slowing: OECD

Most of the major world economies are slowing, with Britain the only country to see tentative signs of a pick-up, the OECD said Thursday. The Organisation for Economic Co-operation and Development said its composite leading indicators continued to point t
Published 10 Aug, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (August 09, 2012).

Published 10 Aug, 2012 12:00am
Most major world economies slowing: OECD

Most major world economies slowing: OECD

Most of the major world economies are slowing, with Britain the only country to see tentative signs of a pick-up, the OECD said Thursday. The Organisation for Economic Co-operation and Development said its composite leading indicators continued to point t
Published 10 Aug, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 10 Aug, 2012 12:00am
Most major world economies slowing: OECD

Most major world economies slowing: OECD

Most of the major world economies are slowing, with Britain the only country to see tentative signs of a pick-up, the OECD said Thursday. The Organisation for Economic Co-operation and Development said its composite leading indicators continued to point t
Published 10 Aug, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Thursday (August 09, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cover f
Published 10 Aug, 2012 12:00am
Iran to buy wheat at $300 per tonne

Iran to buy wheat at $300 per tonne

Pakistan has agreed a price for 1 million tonnes of wheat it will export to Iran in a barter deal, a senior Pakistani official involved in the negotiations said on Thursday. The deal, first proposed in March with Iran exporting fertiliser and iron ore to
Published 10 Aug, 2012 12:00am
Iran to buy wheat at $300 per tonne

Iran to buy wheat at $300 per tonne

Pakistan has agreed a price for 1 million tonnes of wheat it will export to Iran in a barter deal, a senior Pakistani official involved in the negotiations said on Thursday. The deal, first proposed in March with Iran exporting fertiliser and iron ore to
Published 10 Aug, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Aug, 2012 12:00am
Iran to buy wheat at $300 per tonne

Iran to buy wheat at $300 per tonne

Pakistan has agreed a price for 1 million tonnes of wheat it will export to Iran in a barter deal, a senior Pakistani official involved in the negotiations said on Thursday. The deal, first proposed in March with Iran exporting fertiliser and iron ore to
Published 10 Aug, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 10 Aug, 2012 12:00am
Malik Riaz indicted for contempt of court

Malik Riaz indicted for contempt of court

The Supreme Court on Thursday indicted real estate tycoon Malik Riaz over his June 12 press conference in which he reportedly hurled allegations at Chief Justice Iftikhar Mohammad Chaudhry, scandalising and ridiculing the higher judiciary. The Supreme Cou
Published 10 Aug, 2012 12:00am
Malik Riaz indicted for contempt of court

Malik Riaz indicted for contempt of court

The Supreme Court on Thursday indicted real estate tycoon Malik Riaz over his June 12 press conference in which he reportedly hurled allegations at Chief Justice Iftikhar Mohammad Chaudhry, scandalising and ridiculing the higher judiciary. The Supreme Cou
Published 10 Aug, 2012 12:00am
Modest activity witnessed on grain market

Modest activity witnessed on grain market

Modest trading was seen on the wholesale grain market on Thursday as prices moved up modestly, dealers said. On the cereal side guwar Sindh and Punjab went up by Rs 100 to Rs 21000-22000 in process of trading, they said. On the seed counter castorseed Las
Published 10 Aug, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 56,385 tonnes of cargo comprising 41,132 tonnes of import cargo and 15,253 tonnes of export cargo during last 24 hours ended at 0700 hours on Thursday. The total import cargo of 41,132 tonnes comprised of 12,042 tonnes of containe
Published 10 Aug, 2012 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose slightly on Wednesday, taking support from stronger Chicago soyabean prices to bounce off a five-week low. Canola lagged soyabeans' gains as the stronger Canadian dollar appeared to cool crusher buying interest and with fa
Published 10 Aug, 2012 12:00am
Indian sugar, oilseeds, jeera rise; chana down

Indian sugar, oilseeds, jeera rise; chana down

Indian sugar futures rebounded on Thursday from a week's low hit in the previous session on better demand in the physical market at lower levels and a rise in overseas prices. The key September contract on the National Commodity & Derivatives Exchange (NC
Published 10 Aug, 2012 12:00am
Soyabean futures contracts potential limited: Oil World

Soyabean futures contracts potential limited: Oil World

Tight global supplies mean soyabean futures contracts have limited potential to fall up to January 2013 although they could face temporary selling pressure after touching record levels, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Published 10 Aug, 2012 12:00am
Oil cake market rates

Oil cake market rates

An easier trend was witnessed on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The December vaida that had closed at Rs 448.30 opened with fall of 30 paisa at Rs 448.00 in process of trading, they said. The January
Published 10 Aug, 2012 12:00am
Prices tighten on cotton market

Prices tighten on cotton market

Global rise in cotton prices following weather problems in India due to late monsoons and drought in United States effecting West Texas were recorded this week with frontal months on the New York cotton futures market (ICE) ranging higher from 76 to 78 ce
Published 10 Aug, 2012 12:00am
Prices tighten on cotton market

Prices tighten on cotton market

Global rise in cotton prices following weather problems in India due to late monsoons and drought in United States effecting West Texas were recorded this week with frontal months on the New York cotton futures market (ICE) ranging higher from 76 to 78 ce
Published 10 Aug, 2012 12:00am
German imports, industrial production fall

German imports, industrial production fall

A second fall in German imports in three months sent a worrying sign on Wednesday that even the domestic mood in the euro zone's last bastion of economic hope may be weakening under the pressure of the bloc's deepening debt crisis. Exports and industrial
Published 10 Aug, 2012 12:00am
India probing anti-competitive practices by car makers

India probing anti-competitive practices by car makers

India's newly muscular competition commission is investigating anti-competitive practices by car makers, the government said on Thursday, without naming the companies in question. The Competition Commission of India (CCI) had received information against
Published 10 Aug, 2012 12:00am
Commerzbank flags fears of eurozone collapse

Commerzbank flags fears of eurozone collapse

Germany's second-largest bank Commerzbank braced for a worsening of the euro zone crisis and gave a grim profit outlook on Thursday, warning it may not pay a dividend in 2013. The bank, which is 25 percent owned by the German state, said it would restruct
Published 10 Aug, 2012 12:00am
Australian jobless rate ticks down

Australian jobless rate ticks down

Australian employment edged past expectations with a rise of 14,000 in July while the jobless rate surprised with a dip to 5.2 percent, leading investors to further pare the probability of more cuts in interest rates. The rise in total employed just beat
Published 10 Aug, 2012 12:00am
ECB determined to have strong impact on market: Noyer

ECB determined to have strong impact on market: Noyer

The European Central Bank is determined to bring down the excessive borrowing costs hurting Spain and Italy and should be ready to intervene decisively in bond markets very soon, ECB governing council member Christian Noyer said on Thursday. Noyer, govern
Published 10 Aug, 2012 12:00am
Investors run shy as StanChart's halo slips

Investors run shy as StanChart's halo slips

Investors are proving slow to rally behind Standard Chartered after allegations the bank broke US sanctions against Iran, spooked by talk of risky countersuits, record fines and fears that top executives could lose their jobs.
Published 10 Aug, 2012 12:00am
China's factory output growth at three-year low

China's factory output growth at three-year low

China's factory output growth slowed unexpectedly in July to its weakest in more than three years, underlining stiff global headwinds that may prompt policymakers to take more action to keep growth on track to meet a 7.5 percent annual target. Retail sale
Published 10 Aug, 2012 12:00am
Taiwan, China sign investment pact as protesters rage

Taiwan, China sign investment pact as protesters rage

China and Taiwan signed a landmark investment pact on Thursday as hundreds of protesters voiced their anger over the island's ever closer economic ties with its giant former foe. China's chief negotiator Chen Yunlin and his Taiwanese counterpart Chiang Pi
Published 10 Aug, 2012 12:00am
Barclays bank says David Walker to be new chairman

Barclays bank says David Walker to be new chairman

Britain's Barclays bank on Thursday said industry veteran David Walker would become its new chairman from November, succeeding Marcus Agius who resigned over the Libor rate-rigging scandal. Barclays said in a statement that "Sir David Walker has been appo
Published 10 Aug, 2012 12:00am
PepsiCo announces Myanmar distribution deal

PepsiCo announces Myanmar distribution deal

US soft drinks giant PepsiCo said Thursday it had reached a deal with distributor Diamond Star to sell some of its brands in Myanmar, as international firms race to invest in the former pariah state. The agreement gives Diamond Star - one of the largest c
Published 10 Aug, 2012 12:00am
Surprise industrial slump adds to India's economic woes

Surprise industrial slump adds to India's economic woes

India's industrial output fell for the third time in four months in June, adding to pressure on new Finance Minister Palaniappan Chidambaram to move quickly and pull Asia's third-largest economy from its worst slowdown in almost a decade. The manufacturin
Published 10 Aug, 2012 12:00am
BoJ warns of weakening exports, output; policy on hold

BoJ warns of weakening exports, output; policy on hold

The Bank of Japan kept monetary policy steady on Thursday but cut its assessment on exports and output as companies feel the pinch from slowing global growth, signalling its readiness to expand stimulus again if risks to the outlook grow.
Published 10 Aug, 2012 12:00am
US Postal Service loses $5.2 billion

US Postal Service loses $5.2 billion

The US Postal Service's net loss widened to $5.2 billion during the three months that ended in June, and the cash-strapped agency warned on Thursday that without help from the US Congress it will face low cash and be unable to borrow money this fall.
Published 10 Aug, 2012 12:00am
US jobs, trade data supports modest economic growth

US jobs, trade data supports modest economic growth

The number of Americans filing new claims for jobless benefits unexpectedly fell last week, offering hope that some of last month's improvement in job growth could be sustained and give the economy a lift. Other data on Thursday showed the deficit on the
Published 10 Aug, 2012 12:00am
Indian shares hit by growth fears; Bharti slumps

Indian shares hit by growth fears; Bharti slumps

India shares edged lower on Thursday after an unexpected slump in industrial output exacerbated concerns about economic growth, while mobile carrier Bharti Airtel continued to drop, ending at its lowest close since late 2006 after poor quarterly earnings.
Published 10 Aug, 2012 12:00am
Nikkei stays up

Nikkei stays up

Japan's Nikkei share average rose for the fourth straight day on Thursday as momentum was sustained by mixed data from China that kept hopes alive for policy action to tackle the slowdown in Japan's biggest export market. The benchmark index closed up 1.1
Published 10 Aug, 2012 12:00am
Thursday's midday trade: S&P 500 remains up

Thursday's midday trade: S&P 500 remains up

The S&P 500 edged slightly higher on Thursday, up for a fifth session, on better-than-expected jobless claims and trade data in the United States and hopes of further stimulus action from China's central bank. The Nasdaq outperformed the broader market, l
Published 10 Aug, 2012 12:00am
S&P extends rally

S&P extends rally

The Standard & Poor's 500 just barely extended a streak of gains to a fourth day on Wednesday, ending above 1,400 in another thinly traded session. Expectations for stimulus from the European Central Bank and the US Federal Reserve triggered the recent ga
Published 10 Aug, 2012 12:00am
Southeast Asian bourses mostly up

Southeast Asian bourses mostly up

Southeast Asian stock markets ended mostly higher on Thursday, with Indonesia being led higher by banking shares and Thailand extending gains for a fourth session amid renewed appetite for refinery shares on hopes of an earnings recovery in the second hal
Published 10 Aug, 2012 12:00am
Treasures slide

Treasures slide

US Treasury debt prices fell on Wednesday, and yields hit their highest level in over a month after an auction of $24 billion of 10-year notes drew only lukewarm demand. But lingering safe-haven demand due to caution over the euro zone debt crisis helped
Published 10 Aug, 2012 12:00am
Treasures slide

Treasures slide

US Treasury debt prices fell on Wednesday, and yields hit their highest level in over a month after an auction of $24 billion of 10-year notes drew only lukewarm demand. But lingering safe-haven demand due to caution over the euro zone debt crisis helped
Published 10 Aug, 2012 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks extended gains and ended 1.56 percent higher on Thursday, with Hon Hai jumping 4.24 percent after Taiwan's government asked the company for more detail on a planned tie-up with Japan's Sharp. The main TAIEX index rose 113.9 points to 7,433.7
Published 10 Aug, 2012 12:00am
Hong Kong, China shares rise

Hong Kong, China shares rise

Hong Kong shares rose to their highest level in three months on Thursday after data showed China's factory output slowed to its weakest in more than three years, missing forecasts and rising expectations that Beijing will move to boost growth. But the gai
Published 10 Aug, 2012 12:00am
European shares near 2012 high on stimulus hopes

European shares near 2012 high on stimulus hopes

The leading index of European shares edged closer to a fresh 2012 peak on Thursday, extending recent gains into a fifth straight session, on hopes China will act to further stimulate its economy and lift the global economic outlook. Data released on Thurs
Published 10 Aug, 2012 12:00am
Australian shares lower

Australian shares lower

Australian shares slipped 0.1 percent on Thursday, giving up early strength as data late in the session showed a surprise slowing in China's factory output growth to its weakest in more than three years, and key earnings reports missed expectations. The A
Published 10 Aug, 2012 12:00am
Seoul shares power to three-month high

Seoul shares power to three-month high

South Korean shares surged to a three-month closing high on Thursday on heavy foreign buying, with the market underpinned by hopes of decisive action by major central banks to address the fiscal crisis in Europe and bolster global growth. The Korea Compos
Published 10 Aug, 2012 12:00am
UK's top share index climbs

UK's top share index climbs

Britain's top shares hit a new four-month closing peak in choppy, thin trading on Thursday, led by a further rebound in Standard Chartered, but chart support for further gains in the near term looked weak. Banks, up 0.8 percent, were the best performing s
Published 10 Aug, 2012 12:00am
Sterling drops versus dollar

Sterling drops versus dollar

Sterling fell against the dollar on Thursday, erasing some of the previous day's gains, as speculators bet the Bank of England may soon resume quantitative easing to help stimulate the economy. The pound rose on Wednesday after the central bank dashed exp
Published 10 Aug, 2012 12:00am
Euro slightly up in Asia

Euro slightly up in Asia

The euro got a slight lift against major counterparts and the Australian dollar crested at a 4-1/2 month peak on Thursday after Chinese inflation data suggested scope for further easing and Australia's employment picture brightened. Data showed China's an
Published 10 Aug, 2012 12:00am
Euro falls in London

Euro falls in London

The euro fell on Thursday as optimism about policymaker action to address the eurozone debt crisis waned, while the Australian dollar gained after a drop in Chinese inflation raised the chances that China will act to stimulate its economy. The euro fell 0
Published 10 Aug, 2012 12:00am
Midday trade in New York: Euro falls against dollar, yen

Midday trade in New York: Euro falls against dollar, yen

The euro fell against the dollar and yen on Thursday for a second straight session, with investors consolidating recent gains, although the single currency's setback could be short-lived as market participants await policy action from the European Central
Published 10 Aug, 2012 12:00am
Euro edges lower

Euro edges lower

The euro edged lower against the dollar on Wednesday, pressured by soft German economic data, but losses were limited by hopes the European Central Bank may soon take action to lower Spanish and Italian borrowing costs. Adding to pressure on the euro were
Published 10 Aug, 2012 12:00am
Australian dollar jumps, New Zealand down

Australian dollar jumps, New Zealand down

The Australian dollar hit a 4-1/2 month high on Thursday after a robust jobs report prompted investors to widen the odds of further cuts in interest rates, in stark contrast to a weak labour reading in New Zealand which knocked its currency lower. The Aus
Published 10 Aug, 2012 12:00am
Most Asian currencies up

Most Asian currencies up

Most emerging Asian currencies rose on Thursday as slowing inflation and output in China spurred hopes of more policy stimulus, and the South Korean won edged up after the central bank held rates steady and on foreigners' massive stock demand. The Taiwan
Published 10 Aug, 2012 12:00am
Yuan hits strongest point versus dollar since early July

Yuan hits strongest point versus dollar since early July

Spot yuan hit its strongest rate against the dollar since early July on Thursday, as banks in China moved to reduce their exposure to the risk of further slides in the dollar. The dollar index has flattened out in recent trading days and China's central b
Published 10 Aug, 2012 12:00am
Indian rupee gains mildly

Indian rupee gains mildly

The Indian rupee rose on Thursday tracking continued gains in Asian emerging currencies and other risk assets, but an unexpected slump in domestic industrial output capped gains by reinforcing concerns about domestic growth. Data released showed India's f
Published 10 Aug, 2012 12:00am
Murray, Djokovic advance at Toronto tennis

Murray, Djokovic advance at Toronto tennis

Olympic gold medallist Andy Murray and top seed Novak Djokovic both avoided post-Games letdowns with quick opening wins at the Toronto masters on Wednesday. Murray, fresh from his home success at Wimbledon, toughed out a painful 6-1, 6-3 defeat of Flavio
Published 10 Aug, 2012 12:00am
London to have 'special place' in history: IOC

London to have 'special place' in history: IOC

The London Games will have a "special place in the history of the Olympics", a powerful International Olympic Committee (IOC) official said on Thursday. Denis Oswald, chairman of the IOC's Co-ordination Commission, said three days before the closing cerem
Published 10 Aug, 2012 12:00am
Medals table

Medals table

Olympics medals table at the start of the 13th full day of competition on Thursday:

Published 10 Aug, 2012 12:00am
Sharapova pulls out of Montreal

Sharapova pulls out of Montreal

World number two Maria Sharapova withdrew from the WTA event in Montreal on Wednesday, citing a viral infection. The Russian Olympic silver medalist joins US gold medal winner Serena Williams in missing the event, which falls directly after the tennis com
Published 10 Aug, 2012 12:00am
South Africa omit Smith from World T20 squad

South Africa omit Smith from World T20 squad

South Africa Test captain Graeme Smith was omitted from the 15-man squad to take part in the World Twenty20 in Sri Lanka next month, Cricket South Africa (CSA) announced on Thursday. The 31-year-old last played a T20 international in October 2011, but in
Published 10 Aug, 2012 12:00am
London Games beat Beijing ticket record

London Games beat Beijing ticket record

Organisers have sold a record 2.1 million tickets for the London 2012 Paralympics, beating the previous mark set at the 2008 edition in Beijing, officials said Thursday. The popularity of the London Olympics has seen demand suddenly soar for the Paralympi
Published 10 Aug, 2012 12:00am
Ireland's Taylor wins women's lightweight gold

Ireland's Taylor wins women's lightweight gold

Ireland's four-time world champion Katie Taylor won the first women's Olympic lightweight final with a 10-8 win over Russia's Sofya Ochigava on Thursday to claim her country's first London gold. Having defeated Ochigava in May for her most recent world cr
Published 10 Aug, 2012 12:00am
Germany beat Australia to reach final

Germany beat Australia to reach final

Titleholders Germany beat world champions Australia 4-2 on Thursday to reach the men's Olympic hockey final with both teams giving their all in a high quality semi-final.
Published 10 Aug, 2012 12:00am
Pakistan claim seventh place

Pakistan claim seventh place

Pakistan twice fought back from a goal down to defeat South Korea 3-2 and claim seventh place in men's field hockey at the Olympic Games on Thursday. The match eventually hinged on a tale of two short corners. From one of them Muhammad Imran scored with a
Published 10 Aug, 2012 12:00am
West Indies wins helping confidence: team bosses

West Indies wins helping confidence: team bosses

West Indies team manager Richie Richardson and head coach Ottis Gibson have praised their side for their hard work after beating New Zealand 2-0 in the recent Test series. The Windies wrapped up the two-match series against the Black Caps on Sunday with a
Published 10 Aug, 2012 12:00am
Russia alleges $250 million Sochi Games swindle

Russia alleges $250 million Sochi Games swindle

Russia on Thursday charged two firms building the central stadium and another high-tech venue for the 2014 Winter Olympic Games in Sochi with trying to swindle more than $250 million in state funds. The politically damaging case - reportedly part of a muc
Published 10 Aug, 2012 12:00am
Australia's fab four claim first kayak gold

Australia's fab four claim first kayak gold

Australia edged out two-time former champions Hungary to claim the Olympic Games four-man kayak gold medal on Thursday in their first ever team title in the sport. Tate Smith, Dave Smith, Murray Stewart and Jacob Clear, who all work as beach lifeguards, s
Published 10 Aug, 2012 12:00am
Dujardin wins individual dressage gold

Dujardin wins individual dressage gold

Great Britain's Charlotte Dujardin won individual dressage gold with a record score on Thursday, the London Olympic hosts' first ever medal in the event. Dujardin, part of the British team to win the team dressage title on Tuesday, beat Adelinde Corneliss
Published 10 Aug, 2012 12:00am
Risztov wins swim marathon thriller

Risztov wins swim marathon thriller

Hungary's Eva Risztov won a gripping Olympic women's swimming marathon by just 0.4 seconds at London's Hyde Park on Thursday. The 26-year-old led for much of the 10km race in the Serpentine lake but she finished only marginally ahead of America's Haley An
Published 10 Aug, 2012 12:00am
Britain's Adams wins flyweight gold

Britain's Adams wins flyweight gold

Britain's Nicola Adams won the first ever women's Olympic flyweight final with a 16-7 win over China's world champion Ren Cancan on Thursday to claim the hosts' first boxing gold. After losing May's world championships flyweight final to Ren, Adams contro
Published 10 Aug, 2012 12:00am
Bolt targets double dose of golden glory

Bolt targets double dose of golden glory

Usain Bolt can become the first man to claim a second successive 100m-200m Olympic Games double on Thursday with the Jamaican superstar confidently predicting his own 200m world record could fall. Bolt retained his 100 metres crown on Sunday and looked to
Published 10 Aug, 2012 12:00am