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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-01-25
SBP required to exercise prudence

SBP required to exercise prudence

The rate cut has brought a sigh of relief for an otherwise disgruntled business community. The decision is better than the expectations as most of the analysts and economists were anticipating 50bps cut which was supposedly in line with IMF's directive. B
Published 25 Jan, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (January 24, 2015) and the forecast for Sunday (January 25, 2015).

Published 25 Jan, 2015 12:00am
SBP required to exercise prudence

SBP required to exercise prudence

The rate cut has brought a sigh of relief for an otherwise disgruntled business community. The decision is better than the expectations as most of the analysts and economists were anticipating 50bps cut which was supposedly in line with IMF's directive. B
Published 25 Jan, 2015 12:00am
Your rupee last year

Your rupee last year

Following currency fluctuations took place in foreign exchange rates during the last year. (January 2-December 31 2014).

Published 25 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 24, 2015)

Published 25 Jan, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
THE RUPEE: no change

THE RUPEE: no change

The rupee depicted no change in relation to the dollar on the local market on Saturday in the process of trading, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 101.60 and Rs 101.80 respectively. It shed
Published 25 Jan, 2015 12:00am
THE RUPEE: no change

THE RUPEE: no change

The rupee depicted no change in relation to the dollar on the local market on Saturday in the process of trading, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 101.60 and Rs 101.80 respectively. It shed
Published 25 Jan, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 24, 2015).

Published 25 Jan, 2015 12:00am
US natural gas futures end up over five percent

US natural gas futures end up over five percent

US natural gas futures ended up over 5 percent on Friday, erasing Thursday's losses, on forecasts for colder-than-normal weather and strong heating demand over the next two weeks. After falling over 4 percent on Thursday, front-month gas futures on the Ne
Published 25 Jan, 2015 12:00am
Indian soyaoil hits one-month low on weak palm oil

Indian soyaoil hits one-month low on weak palm oil

Indian soyaoil futures extended losses on Friday to hit their lowest in a month, tracking declines in Malaysian palm oil and hit by a stronger rupee, while soyabeans dropped on sluggish export demand for soyameal. Malaysian palm oil futures fell to their
Published 25 Jan, 2015 12:00am
Rice prices in Thailand, Vietnam fall

Rice prices in Thailand, Vietnam fall

Rice prices in Thailand and Vietnam fell this week under rising supply pressure, with the Thai government planning a major tender next week and Vietnam set to harvest its main crop from late February, traders said on Wednesday. Thailand, which last year t
Published 25 Jan, 2015 12:00am
Oil cake market rates

Oil cake market rates

Deliveries were lower on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The January contract closed at Rs 1567.00 on Thursday and it opened with 20 paisa loss at Rs 1566.80 in the morning session, they said. The
Published 25 Jan, 2015 12:00am
Cotton market: prices continue downside in line with global trend

Cotton market: prices continue downside in line with global trend

Rates continued fall in line with the international market amid modest activity, dealers said on cotton market on Saturday. The official spot rate dropped further by Rs 50 to Rs 4,750, dealers said. In the ready session, around 3,000 bales of cotton chang
Published 25 Jan, 2015 12:00am
Palm oil prices lower on European vegoils market

Palm oil prices lower on European vegoils market

Palm oil prices on the European vegetable oils market were lower on Thursday, weighed by poor demand and weakness in the crude oil market. The drop in crude oil prices has helped to reduce demand from the biofuels sector while dealers also cited slow dema
Published 25 Jan, 2015 12:00am
Kenya's raw sugar output likely to rise four percent

Kenya's raw sugar output likely to rise four percent

Kenya's raw sugar production is expected to rise 4 percent to 617,039 tonnes in 2015, buoyed by extra factory capacity and improved supply of cane, the industry regulator said on Wednesday. East Africa's biggest economy has an annual sugar deficit of arou
Published 25 Jan, 2015 12:00am
Easier trend on grain market

Easier trend on grain market

A declining trend persisted on the wholesale grain market on Saturday in the process of subdued business, they said. On the cereals side, Masoor Canada was down by Rs 200 to Rs 9500 while the best quality was unchanged, Masoor Dall Canada fell by Rs 300 t
Published 25 Jan, 2015 12:00am
Russia, Ukraine winter crops hit by dry autumn

Russia, Ukraine winter crops hit by dry autumn

The condition of winter crops in Black Sea region grain growers Russia and Ukraine are worse than last year due to a dry autumn and the new harvest is unlikely to exceed 2014's record level, analysts and traders said. Russia's 2015 grain crop prospects lo
Published 25 Jan, 2015 12:00am
Brazilian coffee discount narrows on forward sales

Brazilian coffee discount narrows on forward sales

The discount for Brazilian coffee sold in the United States has narrowed due to gains in Brazil's currency and limited spot availability at origin after substantial forward selling. The average differential for 2/3 fine cup/strictly soft arabica coffee be
Published 25 Jan, 2015 12:00am
US FOB Gulf corn offers jump

US FOB Gulf corn offers jump

US FOB Gulf corn basis offers jumped 5 cents for February shipments after the close on Friday adding to futures gains after a marketing-year high export sales were reported for last week, traders said. Soyabean basis offers were steady to firm as traders
Published 25 Jan, 2015 12:00am
Thai sugar offered at higher premiums

Thai sugar offered at higher premiums

Thai sugar was offered at premiums almost double from a week ago as recent imports of nearly 800,000 tonnes of Brazilian sugar by Asian countries indicated demand was on the rise, dealers said. The widely traded high polarisation, or hipol, Thai raws for
Published 25 Jan, 2015 12:00am
China's output of copper, aluminium hits record in December

China's output of copper, aluminium hits record in December

China's output of refined copper jumped 10.2 percent month-on-month in December, hitting a record for the fifth straight month as smelters rushed to meet targets for the year and plentiful supply of raw materials supported full production. Primary alumini
Published 25 Jan, 2015 12:00am
CBOT wheat futures fall as dollar rises

CBOT wheat futures fall as dollar rises

Chicago Board of Trade wheat futures fell on Friday on pressure from strength in the US dollar that pushed the currency to an 11-year high against the euro, traders said. K.C. hard red winter wheat futures and MGEX spring wheat also closed lower, but decl
Published 25 Jan, 2015 12:00am
China's 2014 naphtha imports at record high

China's 2014 naphtha imports at record high

Asia's naphtha price for front-month first-half March over first-half April rose for the fourth straight session on Friday to reach $3.50 a tonne, the highest premium between two months in 5-1/2 months as prompt supplies tightened. The bulls kept their fo
Published 25 Jan, 2015 12:00am
EU wheat futures rise to two-week high

EU wheat futures rise to two-week high

Euronext wheat futures rose on Friday to a two-week high as a tumbling euro made Paris prices more attractive to investors and underlined upbeat export prospects for European wheat. Gains on Euronext were curbed however by a subdued US market, ample globa
Published 25 Jan, 2015 12:00am
Anglo American units lower earnings outlooks

Anglo American units lower earnings outlooks

Two units of global mining group Anglo American flagged sharp falls in their full-year earnings on Friday, underscoring the impact of labour unrest and falling prices. Anglo's shares shed over 2.5 percent after the news from South African-based Anglo Amer
Published 25 Jan, 2015 12:00am
Anglo American units lower earnings outlooks

Anglo American units lower earnings outlooks

Two units of global mining group Anglo American flagged sharp falls in their full-year earnings on Friday, underscoring the impact of labour unrest and falling prices. Anglo's shares shed over 2.5 percent after the news from South African-based Anglo Amer
Published 25 Jan, 2015 12:00am
Asian economies to grow at lacklustre pace in 2015

Asian economies to grow at lacklustre pace in 2015

Emerging Asian economies will grow at a lacklustre pace this year and next, held back by a slowdown in China and weak global demand, while cooling inflation will probably throw open the door for monetary policy easing, a Reuters poll showed. Much will dep
Published 25 Jan, 2015 12:00am
Chinese bank to open Swiss branch in 2015

Chinese bank to open Swiss branch in 2015

State-owned China Construction Bank (CCB) is expected to open a Swiss branch during 2015, the Swiss finance minister was quoted on Saturday as saying, following a deal to establish clearing arrangements in Switzerland for trading in China's currency. Swit
Published 25 Jan, 2015 12:00am
Italy cheers ECB bond buying plan, sees big boost to economy

Italy cheers ECB bond buying plan, sees big boost to economy

The European Central Bank's bond buying programme will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms. The ECB announced on Thursday it
Published 25 Jan, 2015 12:00am
Italy cheers ECB bond buying plan, sees big boost to economy

Italy cheers ECB bond buying plan, sees big boost to economy

The European Central Bank's bond buying programme will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms. The ECB announced on Thursday it
Published 25 Jan, 2015 12:00am
Draghi says eurozone governments need to redouble reform efforts

Draghi says eurozone governments need to redouble reform efforts

National governments in the euro zone need to redouble their reform efforts to create a "genuine" economic union, ECB Mario Draghi wrote in a German magazine published on Saturday after the European Central Bank's bond-buying programme was unveiled. In an
Published 25 Jan, 2015 12:00am
Venezuela's PDVSA debt rises

Venezuela's PDVSA debt rises

Venezuelan state oil company PDVSA's consolidated financial debt rose 6.3 percent in 2014 compared with the previous year to reach $46.2 billion, the company said late on Friday, a figure that does not include debts to providers. PDVSA this year will have
Published 25 Jan, 2015 12:00am
Volkswagen to recall 80,000 Audis; 35,000 in China

Volkswagen to recall 80,000 Audis; 35,000 in China

German car maker Volkswagen AG will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said on Saturday, adding that around 35,000 of the affected vehicles are from China. The cars were made between April 2
Published 25 Jan, 2015 12:00am
Kia Motors recalls nearly 87,000 Forte sedans

Kia Motors recalls nearly 87,000 Forte sedans

Kia Motors is recalling 86,880 Forte sedans in the United States because a cooling fan resistor may overheat and melt, increasing the risk of a fire, according to documents filed by US auto safety regulators. The recall involves certain model year 2014 Fo
Published 25 Jan, 2015 12:00am
Big mortgage investors take first step toward suing Ocwen

Big mortgage investors take first step toward suing Ocwen

Major mortgage bond investors including BlackRock, MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar wit
Published 25 Jan, 2015 12:00am
Big mortgage investors take first step toward suing Ocwen

Big mortgage investors take first step toward suing Ocwen

Major mortgage bond investors including BlackRock, MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar wit
Published 25 Jan, 2015 12:00am
US seeks reversal of landmark insider trading ruling

US seeks reversal of landmark insider trading ruling

Federal prosecutors in New York on Friday asked a US appeals court to reconsider a landmark ruling that curtailed their ability to pursue insider trading cases and jeopardised several convictions. Prosecutors under Manhattan US Attorney Preet Bharara aske
Published 25 Jan, 2015 12:00am
Air Berlin to buy 14 Airbus planes from Alitalia

Air Berlin to buy 14 Airbus planes from Alitalia

Air Berlin said on Saturday it would buy 14 Airbus A320 planes from Alitalia in a move designed by major shareholder Etihad to benefit both loss-making airlines. "I can confirm that we are receiving 14 A320 family aircraft from Alitalia to speed up our tr
Published 25 Jan, 2015 12:00am
British Airways returns with higher offer for Aer Lingus

British Airways returns with higher offer for Aer Lingus

The owner of British Airways has made a third takeover approach to Aer Lingus, offering to pay 2.50 euros per share or around 1.3 billion euros in total for the Irish airline, Sky News reported on Saturday. International Consolidated Airlines Group (IAG),
Published 25 Jan, 2015 12:00am
Ford growth outpaced German car market in 2014

Ford growth outpaced German car market in 2014

Ford sold 6 percent more passenger cars in Germany last year than a year earlier, growing twice as fast as the market, the head of its German business told the magazine WirtschaftsWoche. "We want to profitably grow our market share with private customers
Published 25 Jan, 2015 12:00am
Tide turning in favour of Europe stocks after years of underperformance

Tide turning in favour of Europe stocks after years of underperformance

After years of underperformance, European stocks look ripe for a catch-up rally with Wall Street as the European Central Bank is about to embark on a bond-buying programme to kick-start the euro zone economy. On the eve of the ECB's policy meeting at whic
Published 25 Jan, 2015 12:00am
Investors to get taste of new China via Shenzhen trading link

Investors to get taste of new China via Shenzhen trading link

Foreign investors eager to tap into the next generation of Chinese firms should soon be able to directly trade stocks in Shenzhen, but the high valuations and extreme volatility of the country's second-largest exchange may limit early inflows. The debut i
Published 25 Jan, 2015 12:00am
Spain kicks off Aena share sale in test of investor confidence

Spain kicks off Aena share sale in test of investor confidence

Spain has given the green light for the sale of a stake in airport group Aena, kicking off its biggest privatisation since 1997 and testing investor faith in the country's economic recovery in an election year. Shares in the world's largest airport operat
Published 25 Jan, 2015 12:00am
Spain kicks off Aena share sale in test of investor confidence

Spain kicks off Aena share sale in test of investor confidence

Spain has given the green light for the sale of a stake in airport group Aena, kicking off its biggest privatisation since 1997 and testing investor faith in the country's economic recovery in an election year. Shares in the world's largest airport operat
Published 25 Jan, 2015 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Friday as European government bond yields dropped to record lows, a day after the European Central Bank said it would launch new stimulus in an effort to boost sagging regional growth and stave off deflation. The ECB said it wou
Published 25 Jan, 2015 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Friday as European government bond yields dropped to record lows, a day after the European Central Bank said it would launch new stimulus in an effort to boost sagging regional growth and stave off deflation. The ECB said it wou
Published 25 Jan, 2015 12:00am
Chinese bourse drew $9.8 billion from Hong Kong stock scheme

Chinese bourse drew $9.8 billion from Hong Kong stock scheme

Only a small inflow of cash - $9.8 billion - flowed into China's stock market via the landmark Shanghai-Hong Kong stock connect in November and December, China's foreign exchange regulator said on Thursday.The remarks were made at a news conference by Gua
Published 25 Jan, 2015 12:00am
Alibaba in 2016: an imagined letter to investors

Alibaba in 2016: an imagined letter to investors

Breakingviews imagines the letter Jack Ma, founder of Alibaba Group, might pen to investors in the Chinese e-commerce empire a year from now. Dear shareholder, our first full year as a US-listed company brought growth and change for Alibaba Group. As I pr
Published 25 Jan, 2015 12:00am
Alibaba in 2016: an imagined letter to investors

Alibaba in 2016: an imagined letter to investors

Breakingviews imagines the letter Jack Ma, founder of Alibaba Group, might pen to investors in the Chinese e-commerce empire a year from now. Dear shareholder, our first full year as a US-listed company brought growth and change for Alibaba Group. As I pr
Published 25 Jan, 2015 12:00am
Eurozone borrowing costs skid to new lows on ECB's QE plan

Eurozone borrowing costs skid to new lows on ECB's QE plan

Borrowing rates for eurozone countries collapsed to new record lows on Friday as investors snapped up government bonds based on the European Central Bank's quantitative easing shopping list. To boost the ailing euro zone economy and prevent deflation from
Published 25 Jan, 2015 12:00am
Eurozone borrowing costs skid to new lows on ECB's QE plan

Eurozone borrowing costs skid to new lows on ECB's QE plan

Borrowing rates for eurozone countries collapsed to new record lows on Friday as investors snapped up government bonds based on the European Central Bank's quantitative easing shopping list. To boost the ailing euro zone economy and prevent deflation from
Published 25 Jan, 2015 12:00am
TSX ends day, week higher

TSX ends day, week higher

Canada's main stock index edged higher on Friday and recorded a sharp weekly gain as investors welcomed moves by the Bank of Canada and the European Central Bank earlier this week. The Canadian central bank unexpectedly cut interest rates on Wednesday, wh
Published 25 Jan, 2015 12:00am
Qatar Islamic Bank plans $549 million Tier 1 sukuk

Qatar Islamic Bank plans $549 million Tier 1 sukuk

Qatar Islamic Bank (QIB) plans to raise up to 2 billion riyals ($549.4 million) through a capital-boosting sukuk; the latest Gulf bank eyeing debt markets to replenish its reserves after a period of strong lending growth. Qatar's largest Shariah-compliant
Published 25 Jan, 2015 12:00am
Qatar Islamic Bank plans $549 million Tier 1 sukuk

Qatar Islamic Bank plans $549 million Tier 1 sukuk

Qatar Islamic Bank (QIB) plans to raise up to 2 billion riyals ($549.4 million) through a capital-boosting sukuk; the latest Gulf bank eyeing debt markets to replenish its reserves after a period of strong lending growth. Qatar's largest Shariah-compliant
Published 25 Jan, 2015 12:00am
Box's shares soar in debut

Box's shares soar in debut

Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. Box's shares, which pri
Published 25 Jan, 2015 12:00am
Wall Street falls on miners, UPS

Wall Street falls on miners, UPS

US stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes. Major indexes, however, rose for the first week in four, boosted in par
Published 25 Jan, 2015 12:00am
US investors favour currency hedged Europe ETFs as euro tumbles

US investors favour currency hedged Europe ETFs as euro tumbles

US investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "currency hedged" ETFs, the WisdomTree Europe Hedged Equ
Published 25 Jan, 2015 12:00am
Hungary's strong fundamentals warrant stable forint

Hungary's strong fundamentals warrant stable forint

The recent weakening of the Hungarian forint versus the euro is not justified by the country's strong economic fundamentals, which warrant a stable exchange rate, Economy Ministry State Secretary Gabor Orban said on Tuesday. Orban told Reuters on the side
Published 25 Jan, 2015 12:00am
Thomson Reuters December FX volumes rise nine percent

Thomson Reuters December FX volumes rise nine percent

Foreign exchange volumes on currency platforms run by Thomson Reuters rose by 9 percent year-on-year in December to $350 billion, as a drop in oil prices and expectations of further easing by the European Central Bank underpinned activity. Volumes have st
Published 25 Jan, 2015 12:00am
Canadian dollar eases moderately

Canadian dollar eases moderately

The Canadian dollar on Friday slipped to its weakest close in 5-1/2 years against the greenback, which hit 11-year highs against a basket of other major currencies as central bank policies around the world diverged sharply from those of the Federal Reserv
Published 25 Jan, 2015 12:00am
Euro hits fresh 11-year lows against dollar after ECB move

Euro hits fresh 11-year lows against dollar after ECB move

The euro fell to fresh 11-year lows against the dollar on Friday following the European Central Bank's announcement on Thursday that it would pump a trillion euros into the euro zone economy to revive sagging growth and ward off deflation. The euro lost o
Published 25 Jan, 2015 12:00am
Renzi wants euro-dollar parity

Renzi wants euro-dollar parity

Italian Prime Minister Matteo Renzi welcomed recent falls in the euro and would like to see the currency fall further to match the level of the dollar, the Wall Street Journal quoted him as saying on Thursday. "My dream is parity," he was quoted as saying
Published 25 Jan, 2015 12:00am
Speculators cut long dollar bets, euro shorts surge

Speculators cut long dollar bets, euro shorts surge

Speculators slightly trimmed bets in favour of the US dollar in the latest week, and bolstered net shorts on the euro to their largest level in 2 -1/2 years, according to data from the Commodity Futures Trading Commission released on Friday. The value of
Published 25 Jan, 2015 12:00am
Belarus central bank says sees local rouble weakening 3-7 percent

Belarus central bank says sees local rouble weakening 3-7 percent

Belarus's central bank said on Tuesday it expected its rouble to weaken 3 to 7 percent in 2015 and warned it may raise a key interest rate if inflation rises due to fallout from economic turmoil in Russia. The Belarussian currency has already lost around
Published 25 Jan, 2015 12:00am
New Venezuela forex platform to have free-floating rate

New Venezuela forex platform to have free-floating rate

A new foreign exchange platform for Venezuela to be created as part of the three-tiered currency control system will have a free-floating exchange rate, local media reported on Friday, citing the country's planning minister. President Nicolas Maduro this
Published 25 Jan, 2015 12:00am
Asia FX sentiment improves, optimistic on yuan

Asia FX sentiment improves, optimistic on yuan

Sentiment towards emerging Asian currencies improved on hopes of massive European Central Bank monetary stimulus and the yen's rebound, with traders putting their first optimistic bets on the Chinese yuan since early December, a Reuters poll showed on Thu
Published 25 Jan, 2015 12:00am
China's use of yuan for cross-border business growing

China's use of yuan for cross-border business growing

China's use of its own yuan currency for cross-border transactions has increased "notably" to 9.95 trillion yuan ($1.63 trillion) last year, the central bank said Friday, without giving a comparative figure. China is seeking to make the yuan - also known
Published 25 Jan, 2015 12:00am
Shock defeats for Chelsea and Man City in FA Cup

Shock defeats for Chelsea and Man City in FA Cup

Chelsea surrendered a two-goal advantage to lose 4-2 at home to third tier Bradford City while Manchester City were beaten 2-0 by visiting Middlesbrough on an astonishing day of FA Cup shocks on Saturday. Goals from Gary Cahill and Ramires had Jose Mourin
Published 25 Jan, 2015 12:00am
Late Bale penalty rescues Real after Ronaldo sent off

Late Bale penalty rescues Real after Ronaldo sent off

Cristiano Ronaldo was sent off as leaders Real Madrid came from behind to beat Cordoba 2-1 in La Liga on Saturday thanks to a late Gareth Bale penalty. The Portuguese kicked out at defender Edimar with seven minutes to go as Real struggled to create chanc
Published 25 Jan, 2015 12:00am
Gradel strikes late to earn Ivory Coast draw

Gradel strikes late to earn Ivory Coast draw

Substitute Max-Alain Gradel's late equaliser earned a disjointed Ivory Coast side a 1-1 draw against Mali in the Africa Cup of Nations on Saturday as the Elephants kept alive their hopes of reaching the quarter-finals. It looked as if Bakary Sako's superb
Published 25 Jan, 2015 12:00am
Nadal wants Australian Open to start later

Nadal wants Australian Open to start later

Rafael Nadal would like to see the Australian Open start later in the year to allow players more down time, but admits it is not likely to happen. From the end of season ATP Tour Finals to the start of the new year, many of the top players barely had five
Published 25 Jan, 2015 12:00am
Completion of first decade of 'Cholistan Jeep Rally' celebrated

Completion of first decade of 'Cholistan Jeep Rally' celebrated

Punjab Tourism Minister Rana Mashhood Ahmed Khan has said that history of Cholistan desert is spreading over centuries but Cholistan Jeep Rally has given real identity to this historical heritage. He expressed these views while addressing a function held
Published 25 Jan, 2015 12:00am
Mian Rizwan Ali gets prize of 'Best Match Commissioner'

Mian Rizwan Ali gets prize of 'Best Match Commissioner'

District Football Association (DFA) Lahore President Mian Rizwan Ali, who is also President MTFA and MTFC, was honoured by Pakistan Football Federation (PFF) declaring him as the "Best Match Commissioner" of the 11th Pakistan Premier League 2014. Secretar
Published 25 Jan, 2015 12:00am
Nishikori battles early nerves to stay alive

Nishikori battles early nerves to stay alive

Japan's fifth seed Kei Nishikori battled back from a nervy opening to oust American Steve Johnson Saturday and stay on course for Australian Open glory. Nishikori won 6-7 (7/9), 6-1, 6-2, 6-3 in 2hr 29min on Hisense Arena and will face either Spain's Davi
Published 25 Jan, 2015 12:00am
Djokovic joins sizzling Serena in last 16

Djokovic joins sizzling Serena in last 16

Fired-up top seed Novak Djokovic powered into the Australian Open fourth round on Saturday, joining sizzling fellow world number one Serena Williams as Wimbledon champion Petra Kvitova was sent packing. The Serb, whose chances of a fifth Australian crown
Published 25 Jan, 2015 12:00am
Zambian opposition leader calls presidential vote a sham

Zambian opposition leader calls presidential vote a sham

Zambian presidential candidate Hakainde Hichilema denounced the country's presidential election as a sham on Saturday, and accused rival Edgar Lungu of stealing the vote. Hichilema made the allegations as partial results released by the Electoral Commissi
Published 25 Jan, 2015 12:00am
Just five Ebola cases left in Liberia: UN

Just five Ebola cases left in Liberia: UN

The United Nations said on Saturday Liberia was dealing with just five remaining cases of Ebola, in the clearest sign yet that the country is nearing the end of the outbreak. The worst outbreak of the virus in history has seen the west African nation and
Published 25 Jan, 2015 12:00am
Egypt protester killed on eve of uprising anniversary

Egypt protester killed on eve of uprising anniversary

A female demonstrator was killed in clashes with Egyptian police during a rare leftwing protest in central Cairo Saturday, the eve of the anniversary of the 2011 uprising against Hosni Mubarak, an official said. A health ministry spokesman said the woman
Published 25 Jan, 2015 12:00am
British Ebola nurse discharged from hospital

British Ebola nurse discharged from hospital

A British nurse who contracted Ebola while working as a volunteer in Sierra Leone said she was "happy to be alive" as she was discharged from hospital on Saturday having made a full recovery. Scottish nurse Pauline Cafferkey was diagnosed in Glasgow on De
Published 25 Jan, 2015 12:00am
Boko Haram kills 15 villagers in Nigeria's northeast

Boko Haram kills 15 villagers in Nigeria's northeast

Boko Haram fighters have killed 15 villagers near Maiduguri, the epicentre of the Islamist group's six-year insurgency where President Goodluck Jonathan is to hold an election rally Saturday. The killings near the embattled city took place Friday, eve of
Published 25 Jan, 2015 12:00am
Iran lawmakers drafting law on nuclear enrichment hike

Iran lawmakers drafting law on nuclear enrichment hike

Iran's parliament has started to draft a law that would allow the country's nuclear scientists to intensify their uranium enrichment, a step that could complicate ongoing talks with world powers. The move, announced Saturday by parliament's National Secur
Published 25 Jan, 2015 12:00am
At least 34 die in Bangladesh vote protest violence

At least 34 die in Bangladesh vote protest violence

At least 34 people have died in Bangladesh and scores have been injured, most of them in firebomb attacks, amid rising political unrest fuelled by a stand-off between Prime Minister Sheikh Hasina and the main opposition leader. The renewed political turmo
Published 25 Jan, 2015 12:00am
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