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Print - 2015-03-21
BRIDGE NOTES: Brain fatigue in defense

BRIDGE NOTES: Brain fatigue in defense

Defense in Bridge can be quite tough at times. In the heat of the moment at the table, defense can falter when the declarer cleverly conceals his distribution and intentions from his opponents. Of course most of the time the defense can judge what the dec
Published 21 Mar, 2015 12:00am
Ministry allowed to supply LNG to fertilizer sector

Ministry allowed to supply LNG to fertilizer sector

Economic Co-ordination Committee (ECC) of the Cabinet has allowed Petroleum Ministry to supply imported LNG to fertilizer sector after fulfilling power sector's needs. Official documents available with Business Recorder reveal that the ECC was info
Published 21 Mar, 2015 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 Friday (March 20, 2015).

Published 21 Mar, 2015 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 Friday (March 20, 2015).

Published 21 Mar, 2015 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 Friday (March 20, 2015).

Published 21 Mar, 2015 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 21 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 21 Mar, 2015 12:00am
"Make-up glasses" help you see while applying cosmetics

"Make-up glasses" help you see while applying cosmetics

Women who wear glasses are familiar with the problem of putting on facial make-up without being able to see properly. If they want to apply make-up to eyelids and lashes, they have to take their glasses off. That means they often cannot see what they are
Published 21 Mar, 2015 12:00am
'Frozen 2' on the way

'Frozen 2' on the way

Do you wanna build a sequel? For Disney, the answer is an obvious yes. Disney Animation announced Thursday that a follow-up to the animated mega-hit "Frozen" - which raked in nearly $1.3 billion in global ticket sales - is in the works.
Published 21 Mar, 2015 12:00am
Gowns steal the show in new 'Cinderella' movie

Gowns steal the show in new 'Cinderella' movie

The gowns almost steal the show in the new Disney live-action version of "Cinderella", actresses Lily James and Helena Bonham-Carter said on Friday at the film's world premiere, but neither would recommend their dresses for street wear. James, in the titl
Published 21 Mar, 2015 12:00am
Space, the next frontier for 'Insurgent' author

Space, the next frontier for 'Insurgent' author

Cult US teen author Veronica Roth has come a long way in only a few years. And it seems her next step - at least, in a literary sense - will be into space. The 26-year-old published her debut novel "Divergent" in 2011, launching a dystopian trilogy that h
Published 21 Mar, 2015 12:00am
A Minute With: Sean Penn on 'Gunman,' Haiti and superheroes

A Minute With: Sean Penn on 'Gunman,' Haiti and superheroes

Sean Penn is not all gruff voice and intense gaze. He can have a good laugh too, like when he envisions himself as a superhero. For the thriller "The Gunman," opened in US theaters on March 20, the 54-year-old actor and activist talked to Reuters about w
Published 21 Mar, 2015 12:00am
Scientist hopes vest will broaden range of human senses

Scientist hopes vest will broaden range of human senses

Neuroscientist David Eagleman hopes that one day a special piece of clothing he has designed will let the deaf "hear" and allow wearers to sense what is happening online without looking at a computer. Eagleman's so-called VEST, whose name comes from the f
Published 21 Mar, 2015 12:00am
Gates calls for 'germ games' instead of war games

Gates calls for 'germ games' instead of war games

Bill Gates opened a mock Ebola field hospital at the prestigious TED Conference on Wednesday as part of a call to be battle-ready for a deadly global epidemic. The Microsoft software mogul and philanthropist called for "germ games not war games" to train
Published 21 Mar, 2015 12:00am
Up, up and away: Flying cars may be heading your way soon

Up, up and away: Flying cars may be heading your way soon

Every time Paul Moller gets stuck in a traffic jam, his blood boils as he frets at the wasted time. Unlike most motorists resigned to their fate, Moller is doing something about what is an everyday bugbear in the world's increasingly gridlocked cities.
Published 21 Mar, 2015 12:00am
Ada Jafri - a rare jewel in Urdu literature's crown

Ada Jafri - a rare jewel in Urdu literature's crown

"Ada Jafri is the first and only lady Poet who carries in her poetry the eternal colours of Ghalib, Iqbal and Jigar." (Jazib Qureshi). The sad day of the March 12 marked the end of the luminous chapter of Urdu literature. The first lady of the Urdu poetry
Published 21 Mar, 2015 12:00am
European police swoop on Chinese human traffickers

European police swoop on Chinese human traffickers

European police have arrested 26 suspects in a four-country swoop aimed at rooting out Chinese gangs involved in human trafficking, Europol said on Friday. Police in Austria, Cyprus, Slovenia and Switzerland pounced on 288 Chinese-owned businesses, checki
Published 21 Mar, 2015 12:00am
Ceramics industry: FPCCI concerned over gas supply suspension

Ceramics industry: FPCCI concerned over gas supply suspension

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern over gas supplies cut-off to the ceramics industry for the past five months and blamed the government 'lack of interest' in running the ceramic industry.
Published 21 Mar, 2015 12:00am
PSPA hails government for granting duty exemption

PSPA hails government for granting duty exemption

Chairman Pakistan Steel line pipes Industry Association (PSPA) Muhammad Hashim has praised the government for exempting from export duty for Afghanistan and Central Asian states. He commended the Federal Minister for Commerce Engineer Khurram Dastgir Khan
Published 21 Mar, 2015 12:00am
Accused get death penalty over blasphemy

Accused get death penalty over blasphemy

Sessions court on Friday gave a man death penalty after being charged with blasphemy. The court acquitted Liaqat Ali, giving him benefit of doubt.
Published 21 Mar, 2015 12:00am
15-day embroidery course for tribeswomen begins

15-day embroidery course for tribeswomen begins

Fifteen days skill training on crochet, a type of embroidery has been started for tribal women of Federally Administered Tribal Areas (FATA). The training is part of skill enhancement programme launched by Aik Hunar Aik Nagar (AHAN) in collaboration with
Published 21 Mar, 2015 12:00am
Reuters websites blocked in China

Reuters websites blocked in China

Reuters news websites were inaccessible in China on Friday, the latest Western news organisation to be blocked in a country where censors keep a tight grip over information. Attempts by AFP in China to open the agency's English- and Chinese-languag
Published 21 Mar, 2015 12:00am
Ethiopia torches ivory stock, vows 'zero tolerance' to poachers

Ethiopia torches ivory stock, vows 'zero tolerance' to poachers

Ethiopia on Friday torched a six-tonne pile of seized elephant ivory, the country's entire stock, vowing a "zero tolerance" policy towards poachers and traffickers. The torching of the seized stock, which included huge tusks, elaborate carvings, necklaces
Published 21 Mar, 2015 12:00am
Sixteen Cameroonians kidnapped near CAR border

Sixteen Cameroonians kidnapped near CAR border

Sixteen Cameroonians have been kidnapped in north-eastern Cameroon in an alleged attack by armed militia from the Central African Republic (CAR), security sources said on Friday. The attack took place on Thursday night in Gbabio village, near the border w
Published 21 Mar, 2015 12:00am
Train derails in northern India, killing 32

Train derails in northern India, killing 32

At least 32 people, including children, were killed and dozens more injured when an express train derailed in northern India on Friday, authorities said. Television images showed two mangled carriages lying beside the track after the accident, which occur
Published 21 Mar, 2015 12:00am
Assad fires two spy chiefs

Assad fires two spy chiefs

Syrian President Bashar al-Assad has fired two top intelligence chiefs after a fight between the two officials, a high-ranking security source in Damascus told AFP on Friday. "General Rustom Ghazaleh, head of political intelligence, and General Rafiq Sheh
Published 21 Mar, 2015 12:00am
New York Times to launch Chinese monthly in Hong Kong, Macau

New York Times to launch Chinese monthly in Hong Kong, Macau

The New York Times is launching a monthly Chinese-language print publication for Hong Kong and Macau that will include global news as well as local content. The US newspaper group said the "Chinese Monthly" would launch on May 1 with a print run of
Published 21 Mar, 2015 12:00am
One-third of Delhi police to be women: India government

One-third of Delhi police to be women: India government

The Indian government Friday approved a proposal to reserve one-third of police posts in Delhi for women, its latest move to address shocking levels of sexual violence against women in the capital. The decision, taken at a cabinet meeting chaired by Prime
Published 21 Mar, 2015 12:00am
UNICEF says South Sudan government, rebels kidnapping kids to fight

UNICEF says South Sudan government, rebels kidnapping kids to fight

South Sudan's army and rebels have stepped up the kidnapping of children to fight in the country's civil war, with hundreds snatched from villlages in the last month alone, the UN children's agency said Friday. Providing the most detailed account yet of t
Published 21 Mar, 2015 12:00am
Troubled Iran nuclear talks to resume next week

Troubled Iran nuclear talks to resume next week

Marathon talks aimed at putting an Iranian nuclear bomb out of reach broke up Friday without a breakthrough, with negotiators opting to try again next week to narrow still major differences. That will leave Iran and six major powers just one week to meet
Published 21 Mar, 2015 12:00am
UN chief urges Netanyahu to renew support for two-state deal

UN chief urges Netanyahu to renew support for two-state deal

UN Secretary General Ban Ki-moon called Prime Minister Benjamin Netanyahu on Friday and urged him to renew Israel's commitment to a "two-state solution" to the Middle East conflict. Netanyahu won re-election this week after a close-fought parliamentary ca
Published 21 Mar, 2015 12:00am
Mexico ambush leaves 10 dead, including five federal police

Mexico ambush leaves 10 dead, including five federal police

A gang ambushed a federal police convoy in western Mexico, sparking a shootout that killed five officers, three suspects and two bystanders, authorities said Friday. The attack took place late Thursday as the seven vehicles carrying paramilitary gendarmer
Published 21 Mar, 2015 12:00am
Snow blights first day of New York spring

Snow blights first day of New York spring

New York welcomed the first day of spring Friday with a dusting of snow that could dump up to six inches (15 centimeters) in parts of the north-eastern United States. More than 750 flights were cancelled to and from the three airports servicing America's
Published 21 Mar, 2015 12:00am
Ten killed in Uruguay plane crash: officials

Ten killed in Uruguay plane crash: officials

Ten people were killed when their plane plummeted into a large body of water in eastern Uruguay, rescue officials said on Friday. The twin-engine Beechcraft crashed late Thursday into Uruguay's Laguna del Sauce in Maldonado province, 15 kilometers (nine m
Published 21 Mar, 2015 12:00am
South African students protest over colonial statue

South African students protest over colonial statue

A statue of British coloniser Cecil Rhodes was wrapped in black garbage bags at a South African university Friday as hundreds of protesting students demanded that it be torn down.
Published 21 Mar, 2015 12:00am
Investors pile into European, US equities

Investors pile into European, US equities

Investors in US-based European stock funds poured in $1.2 billion for the week ended Thursday, marking their eighth week of net inflows, data from Thomson Reuters' Lipper service showed on Thursday. The European Central Bank's 1 trillion-euro government b
Published 21 Mar, 2015 12:00am
Investors pile into European, US equities

Investors pile into European, US equities

Investors in US-based European stock funds poured in $1.2 billion for the week ended Thursday, marking their eighth week of net inflows, data from Thomson Reuters' Lipper service showed on Thursday. The European Central Bank's 1 trillion-euro government b
Published 21 Mar, 2015 12:00am
Euro up in Asia, Shanghai bourse surges again

Euro up in Asia, Shanghai bourse surges again

The euro pushed higher Friday after Greece's promise to provide new plans to reform its bailout, while Shanghai stocks continued their latest rally towards a seven-year high.
Published 21 Mar, 2015 12:00am
Yuan ends best week since 2007 on soft note

Yuan ends best week since 2007 on soft note

Despite closing slightly down on the day, China's yuan posted its strongest weekly performance since 2007 on Friday, gaining 0.85 percent thanks to a rush of dollar sales over the past few days by major state-owned banks, possibly acting on behalf of the
Published 21 Mar, 2015 12:00am
European stocks surge on Greek relief; FTSE hits historic high

European stocks surge on Greek relief; FTSE hits historic high

European stocks ended the week on a high Friday with London's FTSE surging past the 7,000 mark for the first time in history, after Greece pledged new reform plans and the EU offered two billion euros in emergency aid. London's benchmark FTSE 100 index cl
Published 21 Mar, 2015 12:00am
S&P ends lower in Fed rally reversal

S&P ends lower in Fed rally reversal

US stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower. The greenback rose after a sharp decline on Wednesday. The Federal Reserve appeared to be more dovish than expected even
Published 21 Mar, 2015 12:00am
Friday's midday trade

Friday's midday trade

At mid-day trade, the Dow Jones Industrial Average was up 1.20 percent to 18,173.83 points. The broad-based S&P 500 gained 0.98 percent to 2,109.77, while the tech-rich Nasdaq Composite Index surged 0.85 percent to 5,034.72. Dow member Nike jumped 3.4 per
Published 21 Mar, 2015 12:00am
Indian shares fall

Indian shares fall

Indian shares fell on Friday for a third consecutive session to a near 1-1/2 month closing low as blue-chips such as ICICI Bank declined on worries that stocks have gone ahead of underlying anaemic earnings growth. The benchmark BSE index closed down 0.73
Published 21 Mar, 2015 12:00am
South Africa's rand firms

South Africa's rand firms

South Africa's rand firmed by more than one percent to a session high of 12.1720 against the dollar on Friday, propelled by a strengthening European currency that boosted some emerging market currencies.
Published 21 Mar, 2015 12:00am
TSX declines

TSX declines

Canada's main stock index fell on Thursday, reversing the previous session's gain, as investors digested comments from the US Federal Reserve, while shares of energy producers dropped with oil prices.
Published 21 Mar, 2015 12:00am
Vice President East West Institute Martin Fleischer meets Fatemi

Vice President East West Institute Martin Fleischer meets Fatemi

Ambassador Martin Fleischer, Vice President East West Institute, called on Special Assistant to Prime Minister on Foreign Affairs Syed Tariq Fatemi, here on Friday. Fleischer briefed the SAPM about EWI's "Afghanistan Reconnect Process that is based on the
Published 21 Mar, 2015 12:00am
Government likely to reduce POL prices

Government likely to reduce POL prices

The government is likely to reduce prices of petroleum products from April 1, 2015, it is learnt. Keeping in view current trend of international fuel prices a reduction of Rs 2.5 per litre in the price of motor gasoline (petrol) is expected from next mont
Published 21 Mar, 2015 12:00am
President confers Nishan-i-Imtiaz (M) upon Air Chief

President confers Nishan-i-Imtiaz (M) upon Air Chief

President Mamnoon Hussain conferred the Award of Nihan-i-Imtiaz (M) upon Chief of Air Staff, Air Chief Marshal Sohail Aman in a special investiture ceremony held at Aiwan-e-Sadr here on Friday. The President conferred Nishan-i-Imtiaz (M) upon Chief of Air
Published 21 Mar, 2015 12:00am
Pakistan-India talks will be meaningful: President

Pakistan-India talks will be meaningful: President

President Mamnoon Hussain has said that Pakistan does not want to be drawn into arms race with India. The President expressed hope that proposed Secretary level talks between Pakistan and India would be meaningful. The President was talking to a delegatio
Published 21 Mar, 2015 12:00am
Pak Navy War College team visits Turkey

Pak Navy War College team visits Turkey

Pakistan Navy War College (PNWC) delegation headed by Rear Admiral (LH) Mateen ur Rehman SI (M) visited Istanbul, a press release issued here on Friday said. Pakistan Navy War College conducts courses for officers of the Pakistan Armed Forces and Military
Published 21 Mar, 2015 12:00am
Sindh coal power projects exempted from WHT deduction

Sindh coal power projects exempted from WHT deduction

The coal mining and coal-based power generation projects in Sindh have been exempted by the Federal Board of Revenue (FBR) from withholding tax deduction against payment made to Permanent Establishment (PE) of non-resident persons in Pakistan for sale of
Published 21 Mar, 2015 12:00am
Comsats, Unesco sign MoU

Comsats, Unesco sign MoU

COMSATS and UNESCO have signed a Memorandum of Understanding (MoU) for collaboration in science and technology capacity-building programmes in the COMSATS' Centres of Excellence. The MoU was signed by Dr I.E. Qureshi, Executive Director COMSATS, and Irina
Published 21 Mar, 2015 12:00am
Eight killed as jeep falls into ditch in Mansehra

Eight killed as jeep falls into ditch in Mansehra

At least eight people were killed and three sustained injuries when a jeep fell into the ditch Friday in Mansehra. According to details, the jeep was going to Sanjora Balakot village from Islamabad when it fell into the ditch while taking a sharp turn nea
Published 21 Mar, 2015 12:00am
SMIU to get funds in ADP 2015-16: minister

SMIU to get funds in ADP 2015-16: minister

State Minister for Education, Professional Training, Interior and Narcotics Control, Muhammad Baligh-ur-Rehman, has stressed upon the students to utilise their education for the uplift of deprived segment of society. He said this while addressing the stud
Published 21 Mar, 2015 12:00am
Outgoing NHA GM & Member share their experiences

Outgoing NHA GM & Member share their experiences

Renowned construction-expert and outgoing Member Motorway (KLM) NHA Mujeeb Qadir has said on Friday that sweet and bitter memories of the career are the assets a government servant takes home at his retirement.
Published 21 Mar, 2015 12:00am
Government urged to subsidise import of VHT plants

Government urged to subsidise import of VHT plants

Chairman of Federation of Pakistan Chambers of Commerce & Industry's (FPCCI) Standing Committee on Horticulture and Agricultural Produce, Ahmad Jawad, has urged the federal government to give subsidy on the import of VHT plants so that country could expor
Published 21 Mar, 2015 12:00am
Four killed in Hub road accident

Four killed in Hub road accident

At least four people were killed while others received serious traumatic wounds in a roadside accident here late on Thursday night. "The misfortune struck after a speeding truck ran over an auto rickshaw near Bhawani a suburb of Hub, a town in Balochistan
Published 21 Mar, 2015 12:00am
Hydrocarbon exploration: engineers explain Challenges

Hydrocarbon exploration: engineers explain Challenges

The exploration and production of hydrocarbons is as 'back-breaking' techno-financially a process as travelling through the hundreds of kilometre-long but highly dilapidated Karachi-Sujawal road to reach the energy-rich gas fields of Mari Petroleum Compan
Published 21 Mar, 2015 12:00am
NAB chairman visits Karachi Bureau

NAB chairman visits Karachi Bureau

Qamar Zaman Chaudhry, Chairman of National Accountability Bureau (NAB), on Friday visited the NAB Karachi Bureau to review performance of the Regional Bureau. Karachi NAB Director General Lieutenant-Colonel (retd) Siraj-ul-Naeem along with his team briefe
Published 21 Mar, 2015 12:00am
Housing societies: Canyon Views launched

Housing societies: Canyon Views launched

Dubai-based real estate developer Emaar officially launched Canyon Views Islamabad - a housing society projecting beautifully constructed, luxurious villas based on Mediterranean designs. Ideally located next to DHA Phase II Extension along the Islamabad
Published 21 Mar, 2015 12:00am
Scholars to be awarded degrees by SU

Scholars to be awarded degrees by SU

The Board of Advanced Studies and Research (BASR) of University of Sindh has approved to award degrees of PhD & MPhil to 10 scholars who have successfully completed their research. The approval was accorded at its 121st meeting held here on Friday. Headed
Published 21 Mar, 2015 12:00am
Woman pilgrim expires at Karachi Airport

Woman pilgrim expires at Karachi Airport

An elderly woman died at the Karachi Airport while boarding a Multan-bound flight at around 2:15 pm here on Friday. Jandan Bai, 65, arrived in Karachi from Jeddah on Friday morning after performing Umrah. She was returning on flight PK 332 to her hometown
Published 21 Mar, 2015 12:00am
South Korea to increase budget spending and investment to spur recovery

South Korea to increase budget spending and investment to spur recovery

South Korea will increase budget spending in the first half of the year to spur demand as its economic recovery remains weak and investment sluggish, the finance ministry said on Friday. The Ministry of Strategy and Finance said in a statement that there
Published 21 Mar, 2015 12:00am
Canada's retail sales slump, inflation holds steady

Canada's retail sales slump, inflation holds steady

Canadian retail sales dropped more than expected in January due to lower prices at the gasoline pump, suggesting the economy may have had a weaker start to 2015 than anticipated. Statistics Canada also said on Friday that the annual inflation rate in Febr
Published 21 Mar, 2015 12:00am
China aims to tap unused fiscal funds to support growth

China aims to tap unused fiscal funds to support growth

China will look into on how local governments can mobilise their unused fiscal funds, the Ministry of Finance said on Thursday, in the latest bid to support the slowing economy. China's cabinet has called on debt-laden local governments to "revitalise" th
Published 21 Mar, 2015 12:00am
Nike profit beats estimates

Nike profit beats estimates

Nike Inc's quarterly profit beat market estimates as the world's largest sportswear maker sold more higher margin shoes and apparel, but the company warned Wall Street that the stronger dollar would take a toll on its current quarter. Investors, however,
Published 21 Mar, 2015 12:00am
Nike profit beats estimates

Nike profit beats estimates

Nike Inc's quarterly profit beat market estimates as the world's largest sportswear maker sold more higher margin shoes and apparel, but the company warned Wall Street that the stronger dollar would take a toll on its current quarter. Investors, however,
Published 21 Mar, 2015 12:00am
Dutch bankers get big pay rises to bypass bonus limits

Dutch bankers get big pay rises to bypass bonus limits

The Dutch government on Friday slammed huge pay rises for senior bankers to offset a 2012 law curbing bonuses, saying it sent "the wrong signal" while ordinary citizens are still hit by austerity. "For me and many others it sticks in the throat," said Fin
Published 21 Mar, 2015 12:00am
Japan says difficult to reach Japan-US trade deal without TPA

Japan says difficult to reach Japan-US trade deal without TPA

Japanese Economy Minister Akira Amari said on Friday it would be difficult to reach an agreement in two-way trade talks between Japan and the United States unless US lawmakers fast-tracked trade promotion legislation.
Published 21 Mar, 2015 12:00am
BoJ Kuroda says success of QQE has global implications

BoJ Kuroda says success of QQE has global implications

Bank of Japan Governor Haruhiko Kuroda said on Friday the success of the central bank's quantitative easing programme has important implications not only for Japan's economy but for monetary policy around the globe. Kuroda said markets won't draw "unwarra
Published 21 Mar, 2015 12:00am
New Zealand consumer confidence edges higher

New Zealand consumer confidence edges higher

New Zealand consumer confidence rose marginally in March, as respondents were more optimistic of their own and the economy's prospects, a survey showed on Friday. The ANZ-Roy Morgan consumer confidence index edged up to 124.6 after falling sharply to 124
Published 21 Mar, 2015 12:00am
Japan tourism industry to take 3,000 to China

Japan tourism industry to take 3,000 to China

Japan's tourism industry is taking a 3,000-strong delegation to China this year, a lawmaker said Wednesday, as Tokyo looks to capitalise on its neighbour's growing appetite for travel. With ties between the countries beginning to thaw after a years-long f
Published 21 Mar, 2015 12:00am
Australia survive Wahab's fiery spell to record win over Pakistan

Australia survive Wahab's fiery spell to record win over Pakistan

Australia overcame to a fiery spell from fast bowler Wahab Riaz to record an entertaining six-wicket win over Pakistan in the World Cup quarter-final at the Adelaide Oval on Friday. The co-hosts, chasing Pakistan's modest 213 all out, were reduced to 59 f
Published 21 Mar, 2015 12:00am
Misbah rues batting Failure

Misbah rues batting Failure

Disappointed Pakistan captain Misbah-ul-Haq blamed batting failure for his team's ouster from the World Cup following a six-wicket defeat against Australia in the quarter-final in Adelaide on Friday. Pakistan were bowled out for a below-par 213 in the fin
Published 21 Mar, 2015 12:00am
'No fear' McCullum believes he's backing a winner

'No fear' McCullum believes he's backing a winner

New Zealand captain Brendon McCullum believes he's backing a winning horse with his all-out attack approach to Saturday's World Cup quarter-final against the West Indies despite the high stakes involved.
Published 21 Mar, 2015 12:00am
Angry Pakistan fans smash TVs, stage mock funeral

Angry Pakistan fans smash TVs, stage mock funeral

Angry Pakistan cricket fans smashed TVs and staged a mock funeral for the team Friday after poor batting and sloppy catching saw them dumped out of the World Cup. A limp display with the bat saw Pakistan bowled out for just 213 and co-hosts Australia chas
Published 21 Mar, 2015 12:00am
Queiroz quits as Iran coach

Queiroz quits as Iran coach

Carlos Queiroz has quit as Iran coach citing external "pressures" just six months after extending his contract until 2018, the Iranian Football Federation confirmed on Friday. The 62-year-old's future has been in doubt since the team returned from the Wor
Published 21 Mar, 2015 12:00am
Clarke hails whirlwind Wahab

Clarke hails whirlwind Wahab

Australia captain Michael Clarke lauded Pakistani fast bowler Wahab Riaz, saying his side was lucky to survive the left-armer's torrid spell to win the World Cup quarter-final. The co-hosts, chasing Pakistan's modest 213 all out, were reduced to 59 for th
Published 21 Mar, 2015 12:00am
FIFA triples World Cup player compensation

FIFA triples World Cup player compensation

FIFA said Friday it will pay more than $415 million for players who take part in the 2018 and 2022 World Cups, with most of the cash going to top European clubs. The European Club Association said it will also get a bigger say on dates for internationals
Published 21 Mar, 2015 12:00am
Misbah and Afridi bow out in frustration

Misbah and Afridi bow out in frustration

Misbah-ul-Haq and all-rounder Shahid Afridi bowed out of one-day international cricket with their dreams unfulfilled on Friday as Pakistan crashed out in the World Cup quarter-finals against Australia in Adelaide.
Published 21 Mar, 2015 12:00am
PCB chief lauds Pakistan team's efforts

PCB chief lauds Pakistan team's efforts

Pakistan Cricket Board (PCB) Chairman Shaharyar Mohammad Khan has commiserated with Team Pakistan on losing its quarterfinal against Australia at Adelaide on Friday.
Published 21 Mar, 2015 12:00am
Lisicki ends Pennetta's Indian Wells repeat bid

Lisicki ends Pennetta's Indian Wells repeat bid

Sabine Lisicki was too much for defending champion Flavia Pennetta on Thursday, saving three match points in a three-set win over the Italian to book her Indian Wells semi-final berth. Pennetta had hoped to repeat her surprise victory of last year, and ma
Published 21 Mar, 2015 12:00am
Turkey moves to tighten control on Internet

Turkey moves to tighten control on Internet

Turkey's parliament has approved legislation to tighten the government's control over the Internet by allowing it to block websites without prior judicial authorisation, official media said Friday. The Internet legislation is the most controversial articl
Published 21 Mar, 2015 12:00am
Four UK journalists cleared over illegal payments

Four UK journalists cleared over illegal payments

Four senior journalists at Britain's top-selling The Sun tabloid were on Friday cleared of wrongdoing over the payment of public officials for stories, including about Princes William and Harry. Chief reporter John Kay and royal editor Duncan Larcombe wer
Published 21 Mar, 2015 12:00am
Pope under fire as disgraced anti-gay cleric quits as cardinal

Pope under fire as disgraced anti-gay cleric quits as cardinal

Pope Francis came under fire on Friday after accepting the de facto resignation of a British cardinal disgraced in a sex scandal without any follow-up on the allegations against him. A statement from the Vatican said Francis had accepted British former ar
Published 21 Mar, 2015 12:00am
Cotton production increased by 10.59pc: PCGA

Cotton production increased by 10.59pc: PCGA

The Pakistan Cotton Ginners Association (PCGA) fortnightly report shows that around 1,47,85,795 cotton bales were sourced to the country's ginners by March 16, 2015, which shows an increase of 10.59 percent than last year when ginneries received 1,33,69,6
Published 21 Mar, 2015 12:00am
Soya and corn drop; wheat mixed

Soya and corn drop; wheat mixed

US corn and soyabean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for US exports, traders said. "It was all about the US dollar today, as the night session gapped higher on big volume o
Published 21 Mar, 2015 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures edged lower on Friday amid thin trade with no fresh news, finishing the week about 1 percent down as a slowing economy in China, the world's top buyer, weighs on demand for raw materials. The Tokyo Commodity Exchange (TOCOM)
Published 21 Mar, 2015 12:00am
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