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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-03-05
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 05 Mar, 2015 12:00am
Trade diversion effects: MoC decides to get into fight with FBR

Trade diversion effects: MoC decides to get into fight with FBR

Commerce Ministry has reportedly decided to get into a fight with Federal Board of Revenue (FBR) to bring down tariffs on import of machinery and raw material to offset trade diversion effects, well informed sources told Business Recorder. "Commerc
Published 05 Mar, 2015 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 05 Mar, 2015 12:00am
LB polls: ECP required to submit revised schedule today

LB polls: ECP required to submit revised schedule today

The Supreme Court on Wednesday evening issued directives to Election Commission of Pakistan (ECP) to submit a revised schedule for holding local bodies (LB) polls in Khyber Pakhtunkhwa (KPK), Punjab, Sindh and Cantonment Boards of the country by Thursday
Published 05 Mar, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Mar, 2015 12:00am
LB polls: ECP required to submit revised schedule today

LB polls: ECP required to submit revised schedule today

The Supreme Court on Wednesday evening issued directives to Election Commission of Pakistan (ECP) to submit a revised schedule for holding local bodies (LB) polls in Khyber Pakhtunkhwa (KPK), Punjab, Sindh and Cantonment Boards of the country by Thursday
Published 05 Mar, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 05 Mar, 2015 12:00am
Constituencies of NA-122, PP-147: ET orders verification of votes

Constituencies of NA-122, PP-147: ET orders verification of votes

While hearing Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's plea, the election tribunal on Wednesday ordered verification of votes in NA-122 constituency through the National Database and Registration Authority (NADRA). The PTI chairman in his petitio
Published 05 Mar, 2015 12:00am
Constituencies of NA-122, PP-147: ET orders verification of votes

Constituencies of NA-122, PP-147: ET orders verification of votes

While hearing Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's plea, the election tribunal on Wednesday ordered verification of votes in NA-122 constituency through the National Database and Registration Authority (NADRA). The PTI chairman in his petitio
Published 05 Mar, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.303 billion. The number of lots traded was 17,073 and PMEX Commodity Index closed at 2,573. Major business was contributed by crude oil amounting to PKR 1.292 billion. This was follo
Published 05 Mar, 2015 12:00am
Imran issues stern warning to his MPAs

Imran issues stern warning to his MPAs

Pakistan Tehreek-i-Insaf Chairman Imran Khan on Wednesday threatened that he would dissolve Khyber Pakhtunkhwa legislative assembly if his party MPAs violated the party line in the Senate elections. "We would go to any extent, including dissolving KP legi
Published 05 Mar, 2015 12:00am
US FOB Gulf corn premiums firmer

US FOB Gulf corn premiums firmer

Corn export premiums at the US Gulf Coast climbed in tandem with firmer basis bids in the CIF barge market on Tuesday as limited farmer selling and good export demand supported values, traders said. FOB Gulf soyabean basis offers were flat amid seasonally
Published 05 Mar, 2015 12:00am
Imran issues stern warning to his MPAs

Imran issues stern warning to his MPAs

Pakistan Tehreek-i-Insaf Chairman Imran Khan on Wednesday threatened that he would dissolve Khyber Pakhtunkhwa legislative assembly if his party MPAs violated the party line in the Senate elections. "We would go to any extent, including dissolving KP legi
Published 05 Mar, 2015 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Tuesday, settling back after a three-session rally as a firming Canadian dollar made canola less attractive on the world market, and allied US soybeans eased, traders said. Most-active May canola ended down $2.50 at $46
Published 05 Mar, 2015 12:00am
Senate elections today amid shadows of 'horse trading'

Senate elections today amid shadows of 'horse trading'

The polling for Senate elections is being held today (Thursday). The Election Commission of Pakistan (ECP) has notified that the polling for the Senate elections will be held at Parliament House, Islamabad and at the four provincial assemblies. The ECP ha
Published 05 Mar, 2015 12:00am
Russian wheat prices down, barley exports hit record

Russian wheat prices down, barley exports hit record

Russian domestic wheat prices have fallen after rising for three weeks, under pressure from a stronger rouble, state export curbs and sales by farmers in need of cash ahead of spring sowing, analysts said on Tuesday. Russia's government has been trying to
Published 05 Mar, 2015 12:00am
Senate elections today amid shadows of 'horse trading'

Senate elections today amid shadows of 'horse trading'

The polling for Senate elections is being held today (Thursday). The Election Commission of Pakistan (ECP) has notified that the polling for the Senate elections will be held at Parliament House, Islamabad and at the four provincial assemblies. The ECP ha
Published 05 Mar, 2015 12:00am
India's 2014-15 vegoil imports seen at record high

India's 2014-15 vegoil imports seen at record high

India's edible oil imports are expected to jump to a record high this year, as a drop in domestic oilseed output prompts buyers to ramp up purchases to meet growing demand at home, industry officials said. Higher shipments by the world's top edible oil im
Published 05 Mar, 2015 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 69,743 tonnes of cargo comprising 55,095 tonnes of import cargo and 14,648 tonnes of export cargo including 2,176 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 55
Published 05 Mar, 2015 12:00am
oil cake market rates

oil cake market rates

The March vaida was higher on the forward cottonseed oilcake market on Wednesday in the process of trading, dealers said. The March vaida closed at Rs 1424.50 on Tuesday, but it commenced with 20 paisa rise at Rs 1424.70, they said. The May vaida closed a
Published 05 Mar, 2015 12:00am
Cotton market: prices inch up amid mills' persistent demand

Cotton market: prices inch up amid mills' persistent demand

Persistent demand for quality lint boosted the rates on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate maintained overnight level at Rs 5000, dealers said. In the ready session, nearly 10,000 bales of cotton
Published 05 Mar, 2015 12:00am
Easier trend on grain market

Easier trend on grain market

Most of the commodity items drifted lower on the wholesale grain market on Wednesday in the process of modest trading, they said. On the cereals side, wheat old gained Rs 50 to Rs 3050 due to strong demand, other items held the overnight levels, they said
Published 05 Mar, 2015 12:00am
Polish central bank slashes key rate to record low

Polish central bank slashes key rate to record low

Poland's central bank on Wednesday slashed its key interest rate by half a percentage point to a record low 1.5 percent as it sought to ward off a dangerous bout of falling prices. The central bank "is under strong pressure from prolonged deflation. Relat
Published 05 Mar, 2015 12:00am
Ryanair says open to offer for Aer Lingus stake

Ryanair says open to offer for Aer Lingus stake

Ryanair said Tuesday it will consider any offer for its stake in Aer Lingus, which is currently being pursued for a takeover by British Airways owner IAG. London-listed International Airlines Group is drumming up support for its 1.35-billion-euro ($1.51-b
Published 05 Mar, 2015 12:00am
Ryanair says open to offer for Aer Lingus stake

Ryanair says open to offer for Aer Lingus stake

Ryanair said Tuesday it will consider any offer for its stake in Aer Lingus, which is currently being pursued for a takeover by British Airways owner IAG. London-listed International Airlines Group is drumming up support for its 1.35-billion-euro ($1.51-b
Published 05 Mar, 2015 12:00am
Italian parliament okays nationalising Ilva steel plant

Italian parliament okays nationalising Ilva steel plant

Italy's parliament approved Tuesday a government decree temporarily nationalising the country's loss-making Ilva steel plant, one of the most polluting in Europe, in the hope of finding a new owner. "The decree received final approval. For Taranto (and fo
Published 05 Mar, 2015 12:00am
Springleaf to buy Citi's OneMain

Springleaf to buy Citi's OneMain

Springleaf Holdings Inc said it would buy Citigroup Inc's OneMain Financial Holdings Inc for $4.25 billion in cash, creating the largest subprime lender in the United States. Citigroup has been seeking to hive off OneMain since at least 2011 as part of th
Published 05 Mar, 2015 12:00am
French private sector grows at fastest pace in over 3 years

French private sector grows at fastest pace in over 3 years

France's private sector rebounded in February to expand at the fastest rate in more than three years, despite continued weakness in manufacturing, a survey showed on Wednesday. Confirming a preliminary February 20 "flash estimate", business consultancy Ma
Published 05 Mar, 2015 12:00am
Thailand finance ministry to propose $2.5 billion plan to lift growth

Thailand finance ministry to propose $2.5 billion plan to lift growth

Thailand's finance ministry will propose an 80-billion-baht ($2.46 billion) plan to help spur its flagging economy, the finance minister said on Tuesday. The military took power in a coup in May to end months of protests that paralysed government, shook c
Published 05 Mar, 2015 12:00am
Canada GDP data shows economy heading in right direction

Canada GDP data shows economy heading in right direction

Canada's stronger-than-expected growth figures for the fourth quarter show the economy is heading in the right direction, Finance Minister Joe Oliver told Reuters on Tuesday. Oliver, speaking on the sidelines of an event in Toronto, also repeated a promis
Published 05 Mar, 2015 12:00am
Turkish Airlines doubles profits, targets more expansion

Turkish Airlines doubles profits, targets more expansion

Turkey's flag carrier Turkish Airlines, which has grown exponentially in the last decade, said Wednesday its net profit more than doubled last year and was targeting 15 percent growth in passenger capacity in 2015. Turkish Airlines said in a statement tha
Published 05 Mar, 2015 12:00am
Turkish Airlines doubles profits, targets more expansion

Turkish Airlines doubles profits, targets more expansion

Turkey's flag carrier Turkish Airlines, which has grown exponentially in the last decade, said Wednesday its net profit more than doubled last year and was targeting 15 percent growth in passenger capacity in 2015. Turkish Airlines said in a statement tha
Published 05 Mar, 2015 12:00am
Qatar eyes 7 percent growth in 2015 despite oil price slump

Qatar eyes 7 percent growth in 2015 despite oil price slump

Qatar's economy is predicted to grow by seven per cent in 2015, as it forges ahead with huge infrastructure investment despite the slump in oil prices, leading economists said Wednesday. The figure compares with estimated growth of 6.5 percent for 2014. T
Published 05 Mar, 2015 12:00am
Sweden moves to scrap budget surplus goal

Sweden moves to scrap budget surplus goal

Sweden's left-wing government said Tuesday it wants to scrap the country's budget-surplus target, aiming to axe a policy that critics consider outdated. The goal - to maintain a surplus of 1.0 percent of GDP over each business cycle - was introduced by so
Published 05 Mar, 2015 12:00am
Recovering Ireland appeals for diaspora to come home

Recovering Ireland appeals for diaspora to come home

Ireland's government has launched a new programme called "Global Irish" designed to attract thousands of emigrants who left during the financial crisis to return, a government minister said Wednesday. The new policy includes support services for Irish emi
Published 05 Mar, 2015 12:00am
McDonald's USA to phase out human antibiotics from chicken supply

McDonald's USA to phase out human antibiotics from chicken supply

McDonald's Corp's US restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to change chicken producers' practices in the fight against dangerous 'superbu
Published 05 Mar, 2015 12:00am
Alibaba opens first US cloud center

Alibaba opens first US cloud center

Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition. The new California data center m
Published 05 Mar, 2015 12:00am
US private sector adds jobs in February, but growth slows

US private sector adds jobs in February, but growth slows

US private employers added fewer jobs than expected last month, with the gains declining as well from January's revised level as growth slowed in some sectors, a payrolls processor report showed on Wednesday. The ADP National Employment Report, jointly de
Published 05 Mar, 2015 12:00am
Global business growth at five-month high

Global business growth at five-month high

Global business activity picked up at the fastest pace in five months during February as new orders flooded in, even though companies raised prices, a business survey showed on Wednesday. J.P. Morgan's Global All-Industry Output Index, produced with Marki
Published 05 Mar, 2015 12:00am
Eurozone business growth at seven-month high in February: PMI

Eurozone business growth at seven-month high in February: PMI

Price cutting and a weaker currency helped eurozone business activity accelerate in February, according to surveys published just before the European Central Bank embarks on a trillion-euro stimulus programme. Survey compiler Markit said the surveys point
Published 05 Mar, 2015 12:00am
Toyota names first foreign VP in diversity push

Toyota names first foreign VP in diversity push

Toyota said Wednesday it would appoint a foreigner to the post of executive vice-president and promote a woman into its top ranks, both firsts for the Japanese firm in its nearly 80-year history. The world's biggest automaker said the moves, part of a wid
Published 05 Mar, 2015 12:00am
EU delays end to mobile roaming charges to at least 2018

EU delays end to mobile roaming charges to at least 2018

EU member states on Wednesday delayed abolishing mobile phone roaming charges from the end of this year until at least 2018, but insisted customers would still get a fair deal. They also recommended an overall policy of "net neutrality," meaning unfettere
Published 05 Mar, 2015 12:00am
Russia doesn't want Ukraine's economy to collapse: IMF

Russia doesn't want Ukraine's economy to collapse: IMF

Russia does not want to sink Ukraine's economy, as shown by its willingness to continue selling gas to the country, International Monetary Fund chief Christine Lagarde said Wednesday. Even as Kiev battles pro-Moscow rebels in the east of Ukraine, it shoul
Published 05 Mar, 2015 12:00am
Russia doesn't want Ukraine's economy to collapse: IMF

Russia doesn't want Ukraine's economy to collapse: IMF

Russia does not want to sink Ukraine's economy, as shown by its willingness to continue selling gas to the country, International Monetary Fund chief Christine Lagarde said Wednesday. Even as Kiev battles pro-Moscow rebels in the east of Ukraine, it shoul
Published 05 Mar, 2015 12:00am
EU chief says Spain has not exited economic crisis

EU chief says Spain has not exited economic crisis

Spain cannot say it has left behind its economic crisis until the country's sky-high unemployment rate returns to "normal levels", EU Commission chief Jean-Claude Juncker said in an interview published Wednesday. His comments appeared to contradict Spanis
Published 05 Mar, 2015 12:00am
IBM buys AlchemyAPI

IBM buys AlchemyAPI

International Business Machines Corp said on Wednesday it had acquired AlchemyAPI, a fast-growing start-up selling software that collects and analyses unstructured text and data in ways big enterprises, website publishers and advertisers find useful. The
Published 05 Mar, 2015 12:00am
Britain agrees to sale of Eurostar stake to British, Canadian funds

Britain agrees to sale of Eurostar stake to British, Canadian funds

Britain agreed to sell its 40 percent stake in the Eurostar rail link for 585 million pounds ($899.79 million) to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes. The government announce
Published 05 Mar, 2015 12:00am
Gulf markets soft, Saudi Arabia's investors book profits

Gulf markets soft, Saudi Arabia's investors book profits

Most Gulf stock markets edged down in slow trade on Wednesday after a mixed set of corporate news failed to boost investor sentiment. Saudi Arabia's main stock index slipped 0.3 percent to 9,463 points after rising for three sessions in a row. The market
Published 05 Mar, 2015 12:00am
Sri Lankan stocks fall

Sri Lankan stocks fall

Sri Lankan stocks fell to a three-week closing low on Wednesday in thin trade a day after a sudden spike in market interest rates, while political uncertainty also weighed on investor sentiment. The central bank raised yields on treasury bills between 86
Published 05 Mar, 2015 12:00am
Tokyo stocks down

Tokyo stocks down

Tokyo stocks closed 0.59 percent lower on Wednesday, hit by a stronger yen and following a drop on Wall Street. The Nikkei 225 index at the Tokyo Stock Exchange eased 111.56 points to end at 18,703.60, while the Topix index of all first-section issues dro
Published 05 Mar, 2015 12:00am
Wednesday's early trade: stocks down for second day

Wednesday's early trade: stocks down for second day

US stocks were lower on Wednesday, with indexes on track for a second straight day of declines after a recent rally, with healthcare stocks the only bright spot after a US Supreme Court hearing. The S&P 500 healthcare index rose 0.31 percent as investors
Published 05 Mar, 2015 12:00am
Wall Street falls, led by technology stocks

Wall Street falls, led by technology stocks

US stocks finished down on Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks. Soft auto sales numbers and Iran commentary also gave some investors pause after a strong run-up for major indexes in February. T
Published 05 Mar, 2015 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks edged higher on Wednesday after strong export order data, but investors were cautious after technology stocks retreated in US markets. As of 0204 GMT, the main TAIEX index was up 6.09 points, or 0.06 percent, at 9611.86, after closing up 0.1
Published 05 Mar, 2015 12:00am
Bond prices lower

Bond prices lower

US Treasuries prices fell for a second straight day on Tuesday, pressured by corporate bond sales, while demand for relatively high US yields and anticipation of Friday's US jobs report capped losses. Pharmaceutical company Actavis Plc launched a $21 bill
Published 05 Mar, 2015 12:00am
Bond prices lower

Bond prices lower

US Treasuries prices fell for a second straight day on Tuesday, pressured by corporate bond sales, while demand for relatively high US yields and anticipation of Friday's US jobs report capped losses. Pharmaceutical company Actavis Plc launched a $21 bill
Published 05 Mar, 2015 12:00am
Hong Kong shares lower

Hong Kong shares lower

Hong Kong shares finished lower on Wednesday, following weaker US and European markets and as a sharp drop in domestic retail sales hurt investor sentiment. Retail stocks including Sa Sa International, Chow Tai Fook and Giordano International sagged on ne
Published 05 Mar, 2015 12:00am
China stocks rebound

China stocks rebound

China stocks rebounded on Wednesday in volatile trade, with Shenzhen-listed shares rising sharply amid hopes that regulators would soon open a channel for fresh foreign money to enter the city's bourse. Hong Kong chief executive C.Y. Leung told reporters
Published 05 Mar, 2015 12:00am
Indian shares fall on profit-taking

Indian shares fall on profit-taking

Indian shares fell on Wednesday, retreating from record highs hit earlier in the session, as the initial surge after an unexpected rate cut by the central bank was offset by profit-taking and on speculation foreign investors sold bluechips. Falls also tra
Published 05 Mar, 2015 12:00am
Stronger automakers boost European shares to end near highs

Stronger automakers boost European shares to end near highs

European shares rallied in late trading on Wednesday and closed just below multi-year highs, with export-oriented stocks getting a boost following a sharp decline in the euro to an 11-1/2-year low against the dollar after US services data. The dollar rose
Published 05 Mar, 2015 12:00am
Australian shares down

Australian shares down

Australian shares closed lower for a second session on Wednesday, with high-flying bank stocks suffering another bout of profit taking. The S&P/ASX 200 index fell 0.5 percent, or 32.3 points, to 5,901.6, extending Tuesday's 0.4 percent decline. All the bi
Published 05 Mar, 2015 12:00am
Southeast Asian markets: Philippines near record high

Southeast Asian markets: Philippines near record high

Southeast Asian stock markets traded mixed on Wednesday as stocks in the Philippines rose on hopes of easing inflation while Indonesian shares were down after touching a fresh intraday record on Tuesday. The Philippines' main stock index closed 0.9 percen
Published 05 Mar, 2015 12:00am
FTSE stages late rebound as traffic growth boosts IAG

FTSE stages late rebound as traffic growth boosts IAG

Britain's top share index rebounded late on Wednesday, helped by a surge in airline IAG due to strong traffic figures and by rallies in broadcaster ITV and bank Standard Chartered. The FTSE 100 snapped a three-day losing streak to end 0.4 percent higher a
Published 05 Mar, 2015 12:00am
Yuan edges up

Yuan edges up

China's yuan edged higher on Wednesday after a private survey showed activity in China's services sector grew modestly in February, though the underlying currency trend remained weak. New orders rose at their quickest pace in three months, the HSBC/Markit
Published 05 Mar, 2015 12:00am
Dollar clings near 11-year high in Asia

Dollar clings near 11-year high in Asia

The dollar held firm near an 11-year high versus a basket of major currencies on Wednesday, as investors awaited US economic data and a European Central Bank meeting later this week for fresh clues on policy direction. The dollar index edged up 0.1 percen
Published 05 Mar, 2015 12:00am
Euro slides; dollar at 11-year high in Europe

Euro slides; dollar at 11-year high in Europe

The euro crashed through support levels that had held for more than a month on Wednesday, hitting a six-week low under pressure from the imminent launch of outright quantitative easing by the European Central Bank. The dollar, bolstered by recent rises in
Published 05 Mar, 2015 12:00am
Early trade in New York: Dollar rallies to new high

Early trade in New York: Dollar rallies to new high

The dollar climbed to fresh highs on Wednesday, getting lift from solid US jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low ahead of the launch of quantitative easing by the European Central Bank. The dollar, bolstered by recent
Published 05 Mar, 2015 12:00am
Dollar pulls back from peak in New York

Dollar pulls back from peak in New York

The dollar touched an 11-year high against a composite of major currencies on Tuesday but gave up those gains ahead of major US economic reports and the coming European Central Bank meeting later this week. The dollar index has gained 5.7 percent since th
Published 05 Mar, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the takaagainst the dollar on Wednesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 07.00-8.00 percent (* Previous 07.00-08.00 percent). (* revised).
Published 05 Mar, 2015 12:00am
Egypt's pound steady on official auction

Egypt's pound steady on official auction

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Wednesday, and the pound remained marginally weaker albeit relatively stable on the black market. The central bank said it offered $40 million on Wedn
Published 05 Mar, 2015 12:00am
Asian forex: Rupee hits one-month high

Asian forex: Rupee hits one-month high

India's rupee hit a one-month high on Wednesday after the central bank delivered another unexpected rate cut, while emerging Asian currencies barely moved ahead of US economic data and a European Central Bank meeting later this week. The Reserve Bank of I
Published 05 Mar, 2015 12:00am
South Africa's rand falls

South Africa's rand falls

South Africa's rand hit a three-week low on Wednesday as the US currency strengthened and the deputy central bank governor warned domestic economic growth continued to disappoint. At 1520 GMT the rand was trading 0.75 percent weaker at 11.8500 to the doll
Published 05 Mar, 2015 12:00am
Sterling hits three-week low

Sterling hits three-week low

Sterling fell to a three-week low against the dollar on Wednesday after growth in Britain's dominant services sector eased in February lagging the United States where growth picked up modestly last month. The UK Markit/CIPS UK Services Purchasing Managers
Published 05 Mar, 2015 12:00am
Australian dollar holds gains

Australian dollar holds gains

The Australian dollar held its ground on Wednesday as the market took comfort in data showing the economy grew as expected last quarter when the risk had been for a softer outcome. The Aussie nudged up to $0.7824, from a session low of $0.7795, after figu
Published 05 Mar, 2015 12:00am
Nottinghamshire recruit Sammy for twenty20 Blast

Nottinghamshire recruit Sammy for twenty20 Blast

English county Nottinghamshire announced on Wednesday that they have signed West Indies all-rounder Darren Sammy for part of this year's domestic T20 Blast competition. Sammy, who captained the West Indies to World Twenty20 glory in 2012, will play four m
Published 05 Mar, 2015 12:00am
Pakistan set to play as Qatar Taekwondo opens on March 5

Pakistan set to play as Qatar Taekwondo opens on March 5

Pakistan Taekwondo Team is taking part in first Qatar International Taekwondo Open WTF G1 Official Ranking Tournament being staged at Doha (Qatar) from March 6 to 9. Pakistan Taekwondo Team will be comprised Junaid Riaz (-54 kg senior), Aamir Sohail(-55 k
Published 05 Mar, 2015 12:00am
Pakistan's chances at the World Cup still shines: Jonty Rhodes

Pakistan's chances at the World Cup still shines: Jonty Rhodes

Former South African Test cricketer Jonty Rhodes has said that Pakistan's chances at the World Cup are not dull yet as Pakistani team has all the potential to change the game any time. Talking to PTV sports, Jonty Rhodes said that Pakistan's young squad c
Published 05 Mar, 2015 12:00am
Little-known Kulichkova advances in Malaysia

Little-known Kulichkova advances in Malaysia

Little-known Elizaveta Kulichkova cruised through to the quarter-final stage after knocking out Kazakhstan's Yulia Putintseva on Wednesday at the WTA Malaysian Open. The Russian, ranked 171th in the world and who defeated seventh-seeded Bojana Jovanovski
Published 05 Mar, 2015 12:00am
Premier League teams in lower-league cup plan

Premier League teams in lower-league cup plan

England's Football League revealed on Wednesday that lower-league clubs have been asked to consider proposals for Premier League teams' under-21 sides to compete in the Football League Trophy. The move comes after proposals by Football Association chairma
Published 05 Mar, 2015 12:00am
Kohli in verbal bust-up with reporter

Kohli in verbal bust-up with reporter

India's World Cup squad was left embarrassed Wednesday after star batsman Virat Kohli verbally abused a journalist he mistakenly thought was the writer for another newspaper. The incident took place on Tuesday afternoon at the Murdoch Oval in Perth where
Published 05 Mar, 2015 12:00am
Pakistan need to beat South Africa, says Waqar

Pakistan need to beat South Africa, says Waqar

Pakistan coach Waqar Younis Wednesday targeted big-hitting South Africa, saying his team must beat a strong outfit to prove they belong at the World Cup. Pakistan expectedly made short work of the United Arab Emirates in their Pool B game with an emphatic
Published 05 Mar, 2015 12:00am
Tendulkar calls for 25-team World Cup

Tendulkar calls for 25-team World Cup

Indian superstar Sachin Tendulkar on Wednesday blasted proposals to slash the 2019 World Cup to just 10 nations, describing it as "a backward step" and suggesting the tournament be expanded to 25 teams. Tendulkar, an ambassador for the World Cup on behalf
Published 05 Mar, 2015 12:00am
Afridi joins 8,000 one-day run club

Afridi joins 8,000 one-day run club

Swashbuckling Pakistani allrounder Shahid Afridi joined the 8,000 one-day run club during his 21 not out against the United Arab Emirates in the World Cup at Napier on Wednesday. The 35-year-old became the fourth Pakistani after Inzamam-ul Haq, Mohammad Y
Published 05 Mar, 2015 12:00am
Asian president unopposed for new term

Asian president unopposed for new term

Asia's football chief is set for a new, four-year term and a powerful FIFA vice presidency after officials said on Wednesday that he will stand unopposed in elections next month. Shaikh Salman bin Ebrahim Al Khalifa will extend his stay as Asian Football
Published 05 Mar, 2015 12:00am
Record-breaking Australia rout Afghanistan by 275 runs

Record-breaking Australia rout Afghanistan by 275 runs

Australia hit the highest World Cup score in tournament history on Wednesday as they thrashed Afghanistan by a record 275 runs, a result which was also the greatest winning margin in tournament history. The home team made 417-6 at the WACA led by opener D
Published 05 Mar, 2015 12:00am
Clinical Pakistan march on with UAE victory

Clinical Pakistan march on with UAE victory

Pakistan continued their revival in the World Cup with a professional batting and bowling performance in a 129-run win against United Arab Emirates in Napier on Wednesday. Opener Ahmed Shehzad fell seven short of his maiden World Cup hundred while Haris S
Published 05 Mar, 2015 12:00am
Spain arrests Ukraine's former finance minister

Spain arrests Ukraine's former finance minister

Spanish police on Wednesday detained Ukraine's former finance minister Yuri Kolobov who is wanted by Kiev on charges of embezzlement and financial wrongdoing, a police source said. The 41-year-old, who served under ousted pro-Kremlin president Viktor Yanu
Published 05 Mar, 2015 12:00am
At least 10 dead as migrant boat capsizes off Sicily

At least 10 dead as migrant boat capsizes off Sicily

A boat capsized off Sicily when the migrants aboard rushed to meet rescuers, killing at least 10 people, the Italian coastguard said Wednesday. "The migrants, as they frequently do, all rushed to one side of the boat which then capsized," Italian coast gu
Published 05 Mar, 2015 12:00am
Shipping industry 'taking burden' of migrants at sea

Shipping industry 'taking burden' of migrants at sea

The number of migrants crossing the Mediterranean is putting a "disproportionate" burden on the shipping industry, threatening the tradition of maritime rescue, a UN-hosted conference heard on Wednesday. Peter Hinchliffe, secretary general of the Internat
Published 05 Mar, 2015 12:00am
Mexico nabs drug cartel leader

Mexico nabs drug cartel leader

Mexican federal forces captured Zetas drug cartel leader Omar Trevino in an upper-class suburb of the northern industrial city of Monterrey on Wednesday, dealing a new blow to the feared gang. The suspect known as "Z-42" was detained by federal police and
Published 05 Mar, 2015 12:00am
'Thousands' of Russian troops in east Ukraine: US envoy

'Thousands' of Russian troops in east Ukraine: US envoy

The United States' senior envoy to Europe alleged Wednesday that Russia had deployed "thousands and thousands" of troops to neighbouring Ukraine. Speaking to a congressional foreign affairs committee, Assistant Secretary of State Victoria Nuland also told
Published 05 Mar, 2015 12:00am
US says 'tough challenges' remain in Iran nuclear talks

US says 'tough challenges' remain in Iran nuclear talks

The United States said Wednesday tough challenges remained to seal a nuclear deal with Iran, vowing not to be distracted by external politics in its quest to stop Tehran acquiring the atomic bomb. Secretary of State John Kerry and his Iranian counterpart
Published 05 Mar, 2015 12:00am
Blast, clashes kill dozens at intel headquarters in Aleppo

Blast, clashes kill dozens at intel headquarters in Aleppo

Dozens were killed Wednesday when Syrian rebels set off a powerful tunnel explosion targeting an intelligence headquarters in Aleppo and clashed with regime forces, a monitor said. The Syrian Observatory for Human Rights said the blast hit a building hous
Published 05 Mar, 2015 12:00am
Vienna top of the cities' league for quality of life

Vienna top of the cities' league for quality of life

The Austrian capital Vienna has the highest quality of life of any city in the world, followed by Zurich in Switzerland and Auckland, New Zealand, according to a survey published Wednesday. The rest of the Top Ten are Munich, Vancouver, Dusseldorf, Frankf
Published 05 Mar, 2015 12:00am
Abbas says talks with Israel still on table

Abbas says talks with Israel still on table

Palestinian president Mahmud Abbas said Wednesday talks with Israel are still on the table, despite moves against the Jewish state at the UN and numerous failed rounds of negotiations. Abbas was addressing the Palestinian leadership at the opening of a tw
Published 05 Mar, 2015 12:00am
Libya asks UN to approve arms contracts

Libya asks UN to approve arms contracts

Libya urged the UN Security Council on Wednesday to approve a request for military purchases as it struggles to combat Islamic State extremists and protect its oil fields. The internationally-recognized government, one of two bodies that claims to rule tr
Published 05 Mar, 2015 12:00am
Israeli women protest for peace ahead of election

Israeli women protest for peace ahead of election

Thousands of Israeli women, including Jews and Arabs, gathered outside parliament in Jerusalem Wednesday urging a peace agreement with the Palestinians, two weeks ahead of a snap general election. Despite intermittent rain, members of Women Wage Peace, a
Published 05 Mar, 2015 12:00am
Brazil trucker protest ends

Brazil trucker protest ends

A strike by Brazilian truckers over rising fuel costs that has disrupted delivery of key goods over the last two weeks is finished, highway police said Wednesday. Protesting truck drivers had been blocking roads during the strike, but police said that by
Published 05 Mar, 2015 12:00am
Altaf stresses need to construct small dams

Altaf stresses need to construct small dams

Chief of Muttahida Qaumi Movement (MQM) Altaf Hussain said on Wednesday that a network of small dams should be constructed countrywide to overcome water scarcity. Speaking to members of MQM Rabita Committee (RC), Altaf Hussain said no one talks about the
Published 05 Mar, 2015 12:00am
LUMHS organises workshop on clubfoot treatment

LUMHS organises workshop on clubfoot treatment

The Department of Orthopaedics, Liaquat University of Medical & Health Sciences (LUMHS), Jamshoro organised a "Hands-on Workshop" on Ponseti Technique for clubfoot here on Wednesday. While addressing the participants, the Vice Chancellor LUMHS Professor N
Published 05 Mar, 2015 12:00am
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