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Print - 2015-06-26
KP government urged to pass Minority Property Protection Bill

KP government urged to pass Minority Property Protection Bill

Representatives of non-Muslims and Civil Society Organisations have demanded of the provincial government to pass the proposed Minority Property Protection Bill without any further delay. They said the bill was aimed at retrieving the properties of minori
Published 26 Jun, 2015 12:00am
Neelum Jhelum project: Wapda ready to enter into PPP

Neelum Jhelum project: Wapda ready to enter into PPP

A cash hungry Water and Power Development Authority (Wapda) has reportedly expressed willingness to enter into Private Public Partnership (PPP) with Chinese companies to complete the much delayed 969 MW Neelum Jhelum Hydropower Project instead of privatis
Published 26 Jun, 2015 12:00am
Zaheer Abbas named new president of ICC

Zaheer Abbas named new president of ICC

Former Pakistan captain Zaheer Abbas was named president of the International Cricket Council for the next year at the annual conference of the sport's world governing body in Barbados on Tuesday. Zaheer, 67, filled the vacancy in the largely honorary rol
Published 26 Jun, 2015 12:00am
Zaheer Abbas named new president of ICC

Zaheer Abbas named new president of ICC

Former Pakistan captain Zaheer Abbas was named president of the International Cricket Council for the next year at the annual conference of the sport's world governing body in Barbados on Tuesday. Zaheer, 67, filled the vacancy in the largely honorary rol
Published 26 Jun, 2015 12:00am
Some corals have DNA to adapt to warmer climate: study

Some corals have DNA to adapt to warmer climate: study

Some coral species are better at adapting to climate change than others, and they may be able to pass their hardy DNA onto the next generation, said a study Thursday. Coral reefs are declining fast in many parts of the world due to pollution, warming seas
Published 26 Jun, 2015 12:00am
UN pushes Saudi coalition to allow ships into Yemen

UN pushes Saudi coalition to allow ships into Yemen

Commercial cargo ships carrying food, fuel and other vital supplies must be allowed to reach ports in Yemen which is threatened by famine, the UN Security Council said Thursday. The Saudi-led coalition battling Shia Huthi rebels in Yemen has imposed marit
Published 26 Jun, 2015 12:00am
Wapda and electric power

Wapda and electric power

Water and Power Development Authority (Wapda) has approached Nepra, seeking an average increase in hydropower tariffs of 117 percent - from 1.74 rupee per unit in 2014-15 to 3.78 rupees per unit in 2015-16. Wapda's determined revenue requirements are 120
Published 26 Jun, 2015 12:00am
In dire straits

In dire straits

Muttahida Qaumi Movement (MQM) is facing the most profound challenge to its existence as a party on the political landscape of the country since its founding in a hospitable and indolent province of Sindh in the 1980s. The fallout created by a BBC report
Published 26 Jun, 2015 12:00am
Menace of narco-terrorism
Currency

Menace of narco-terrorism

Every survey made since promulgation of Prohibition (Enforcement of Hadd) Order, 1979 ["Hadd Order"] shows that this nation has been persistently sinking deeper into narco-terrorism-a term signifying the drug-terror trap. Terrorism and drug trade working
Published 26 Jun, 2015 12:00am
PIA is re-engaging

PIA is re-engaging

PIA's ageing fleet kept diminishing till it was not humanly possible to juggle aircraft and cockpit crews around to keep to any reasonable schedule. That PIA continued to operate is a miracle made possible by the competence of its core aviation staff, pri
Published 26 Jun, 2015 12:00am
Oslo creates world's first 'highway' to protect endangered bees

Oslo creates world's first 'highway' to protect endangered bees

From flower emblazoned cemeteries to rooftop gardens and balconies, Norway's capital Oslo is creating a "bee highway" to protect endangered pollinators essential to food production. "We are constantly reshaping our environment to meet our needs, forgettin
Published 26 Jun, 2015 12:00am
Charges against MQM

Charges against MQM

That the charges MQM is facing from BBC are indeed profound. The report of British broadcaster has definitely caused immense harm to the Karachi-based political party. According to BBC, the officials in Pakistan's Muttahida Qaumi Movement (MQM) have told
Published 26 Jun, 2015 12:00am
Gold falls for 5th straight day

Gold falls for 5th straight day

Gold eased for the fifth straight session on Thursday as traders awaited further news on Greece's negotiations with its creditors, while caution over the metal's longer-term outlook weighed on interest. Expectations that the Federal Reserve is set to incr
Published 26 Jun, 2015 12:00am
Corn, soya soar

Corn, soya soar

US corn futures hit their highest level in two months and soyabeans topped $10 a bushel on concerns about excessive rains in the Midwest curbing yield prospects, traders said. Wheat set a two-week high as the wet weather slowed the US soft red wheat harve
Published 26 Jun, 2015 12:00am
Crude down again on oil products weakness; Greece, Iran eyed

Crude down again on oil products weakness; Greece, Iran eyed

Crude oil fell for a second straight day on Thursday, weighed by weaker US refined fuels markets and potential negative impact from Greece's debt crisis on European energy demand. Worries of a possible glut emerging in US gasoline and diesel supply after
Published 26 Jun, 2015 12:00am
Canada's grain handler Richardson seeks US expansion

Canada's grain handler Richardson seeks US expansion

Richardson International, one of Canada's largest grain handlers, is seeking expansion in the United States through acquisitions worth C$100 million to as much as C$2 billion ($1.67 billion), its chief executive said on Thursday. Richardson, which now own
Published 26 Jun, 2015 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold steadied on Thursday after four days of losses as traders took to the sidelines to await further news on Greece's negotiations with its creditors, with caution over the metal's longer-term outlook weighing on interest. Expectations that the Federal R
Published 26 Jun, 2015 12:00am
Gold ticks up in Asia

Gold ticks up in Asia

Gold edged up on Thursday, after sliding for the past four sessions to a two-week low, with investors awaiting news on Greece's talks with its international lenders to avert a default for further trading cues. "Gold looks to range trade between $1,169-$1,
Published 26 Jun, 2015 12:00am
Gold slips in New York

Gold slips in New York

Gold fell for the fourth straight session to a two-week low on Wednesday as the dollar pared earlier losses versus the euro and traders awaited news on Greece's negotiations with its international lenders to avoid default. The precious metal has declined
Published 26 Jun, 2015 12:00am
Sugar turns lower

Sugar turns lower

Raw sugar futures were lower on Thursday, with abundant supplies weighing on a market that headed back down towards last week's 6-1/2 year low after a short-lived rally. July raw sugar futures on ICE were off 0.04 cents, or 0.35 percent, at 11.47 cents a
Published 26 Jun, 2015 12:00am
Palm oil down
Currency

Palm oil down

Malaysian palm oil futures closed lower on Thursday, retreating from a one-week high as investors turned cautious over fading export demand, though a weak ringgit currency limited losses. Investors are watching for data on demand and crude palm output in
Published 26 Jun, 2015 12:00am
Wheat falls on profit-taking

Wheat falls on profit-taking

Chicago Board of Trade wheat futures fell on Wednesday after a seesaw session, pulled down by profit-taking from a two-week peak and as the hard red winter wheat harvest expanded in the US southern Plains, traders said. Corn and soyabeans also declined, r
Published 26 Jun, 2015 12:00am
Rubber dips

Rubber dips

The new benchmark Tokyo rubber futures contract dipped more than 2 percent from its opening on Thursday, shaking off earlier gains, after a plunge in Shanghai futures prompted a flurry of fresh selling, dealers said. The Tokyo Commodity Exchange (TOCOM) r
Published 26 Jun, 2015 12:00am
Copper steady after US data; Greek uncertainty weighs

Copper steady after US data; Greek uncertainty weighs

Copper prices steadied on Thursday as strong US data bolstered the prospects for economic growth, but gains were modest as investors worried about an impending slowdown in summer demand and lack of a Greek debt deal. US consumer spending recorded its larg
Published 26 Jun, 2015 12:00am
Shanghai copper slips

Shanghai copper slips

Shanghai Futures Exchange copper slipped 0.3 percent to 41,920 yuan ($6,753) a tonne on Thursday as traders cut risk, with the clock ticking on efforts to reach a deal on Greece's debt. But recent downward pressure on copper prices may prove temporary as
Published 26 Jun, 2015 12:00am
Cotton inches up in light volume ahead of export sales report
Cotton

Cotton inches up in light volume ahead of export sales report

ICE cotton futures were little changed on Wednesday, rising slightly in low-volume trading ahead of a US government export sales report expected in the next session, as prices continued to consolidate in an increasingly tight range. "Most people were keep
Published 26 Jun, 2015 12:00am
Forex reserves up

Forex reserves up

The country's total liquid foreign reserves stood at $17.457 billion, up by 9 $million during the last week. During the week ending June 19, 2015, State Bank of Pakistan's liquid forex reserves increased by $32 million to $12.316 billion, compared to $12.
Published 26 Jun, 2015 12:00am
Vote rigging: KP government has no justification to remain in power: ANP

Vote rigging: KP government has no justification to remain in power: ANP

-The parliamentary leader of ANP in Khyber Pakhtunkhwa Assembly, Sardar Hussain Babak has said that after the arrival of the proofs of alleged rigging and mismanagement from the Election Commission of Pakistan (ECP), the provincial government has lost mor
Published 26 Jun, 2015 12:00am
Two killed over land dispute

Two killed over land dispute

Unknown gunmen shot dead two persons over land dispute in Mal Gishkori area of Sibi district on Thursday. According to Levies sources, the victims including Abdul Sattar s/o Hamal Khan and Muhammad Anwar s/o Ikhtiar Khan were near Mal Gishkori area when a
Published 26 Jun, 2015 12:00am
Petition against KE privatisation filed in SC

Petition against KE privatisation filed in SC

A petition against K-Electric privatization was filed in the Supreme Court on Thursday seeking to enter the names of corrupt officials into Exit Control List (ECL) after analysing the records. Muhammad Akhtar Naqvi filed the plea urging the court to analy
Published 26 Jun, 2015 12:00am
FIA shifts Axact CEO, four others to Islamabad

FIA shifts Axact CEO, four others to Islamabad

The Federal Investigation Agency (FIA) on Thursday shifted Chief Executive Officer (CEO) of Axact and four of its officials to Islamabad, who were arrested by the agency for their alleged involvement in fake degree business. An official said that the FIA
Published 26 Jun, 2015 12:00am
Transfer order challenged

Transfer order challenged

CEO Axact Shoaib Shaikh's counsel on Thursday challenged his and other co-accused's transfer to Islamabad in Sindh High Court. Shoaib Shaikh and other co-accused are facing criminal charges in Axact fake degrees scam being investigated by the Federal Inve
Published 26 Jun, 2015 12:00am
Illegal changes were made in KE sell-off deal: minister

Illegal changes were made in KE sell-off deal: minister

Federal Minister for Water and Power Khawaja Muhammad Asif has said that illegal changes were made in the agreements signed with K-Electric (formerly KESC) in 2005 and 2008; hence federal government is going to approach the Supreme Court of Pakistan on th
Published 26 Jun, 2015 12:00am
PTI lashes out at PML-N government for not resolving power crisis

PTI lashes out at PML-N government for not resolving power crisis

General Secretary of Pakistan Tehreek-e-Insaf (PTI) Jahangir Tareen on Thursday lashed out at the government of Pakistan Muslim League-Nawaz (PML-N) for not ensuring early elimination of power crisis. While talking to the media in Multan, Jahangir Tareen
Published 26 Jun, 2015 12:00am
British HC calls on chief minister Punjab

British HC calls on chief minister Punjab

British High Commissioner Philip Barton met Punjab Chief Minister Muhammad Shahbaz Sharif in Islamabad Thursday. Matters of mutual interest, bilateral relations and promotion of co-operation in different sectors were discussed in the meeting. Chief Minist
Published 26 Jun, 2015 12:00am
MCCI chief expresses shock over deaths in Karachi

MCCI chief expresses shock over deaths in Karachi

The business community of South Punjab has expressed grief and sorrow over the losses of more than 100 lives in Karachi and South Punjab due to heatwaves. President of Multan Chamber of Commerce & Industry (MCCI) Mian Iqbal Hassan said that people of Sout
Published 26 Jun, 2015 12:00am
Shahbaz pays tribute to Iftikar Shaheed

Shahbaz pays tribute to Iftikar Shaheed

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Lieutenant Colonel Iftikhar Ahmad Jamil Shaheed has set a glorious example of courage and bravery by sacrificing his life for the country and the whole nation is proud of him. He said that brave
Published 26 Jun, 2015 12:00am
Availability of water will be satisfactory despite less rainfall

Availability of water will be satisfactory despite less rainfall

Pakistan Meteorological Department has said although the rainfall would be less during the monsoon July, September 2015, yet overall availability of water from monsoon rainfall in the country would be satisfactory. In its seasonal forecast for Monsoon (Ju
Published 26 Jun, 2015 12:00am
NBP, Ufone & Ubank sign agreement

NBP, Ufone & Ubank sign agreement

National Bank of Pakistan, Ufone and Ubank, signed an agreement on Thursday, to create new synergies between the already established Upaisa Brand and the upcoming digital banking initiatives of NBP. This collaboration is another step of NBP to jointly cre
Published 26 Jun, 2015 12:00am
Exclusion of PA from RTI Act: KP Speaker clarifies position

Exclusion of PA from RTI Act: KP Speaker clarifies position

Speaker, Khyber Pakhtunkhwa Assembly, Asad Qaiser has dispelled the impression that Speaker was behind the movement for exclusion of the Provincial Assembly from the ambit of RTI Act, 2013, saying it is not at all correct. The amendment was proposed by th
Published 26 Jun, 2015 12:00am
Historical monuments, sites Punjab government allocates Rs 400 million

Historical monuments, sites Punjab government allocates Rs 400 million

The Punjab government has set aside Rs 400 million for 2015-16 to the Archaeology Department to set up a museum in Kallar Kahar and art gallery in Gujrat. Sources told the on Thursday that the department was responsible for protecting and preserving histo
Published 26 Jun, 2015 12:00am
LSE approves formal listing of Dolmen City REIT

LSE approves formal listing of Dolmen City REIT

Lahore Stock Exchange Limited has approved the application for formal listing and quotation of units of Dolmen City REIT, on completion of all formalities required under the Listing Regulations of the exchange. According to the exchange's notification, th
Published 26 Jun, 2015 12:00am
SP Lakki Marwat suspended

SP Lakki Marwat suspended

Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has suspended SP Investigation, Lakki Marwat, Mohammad Saddiq Swati on charges of bad reputation and close links with criminals with immediate effect. According to details, IGP Nasir
Published 26 Jun, 2015 12:00am
BoP assets touch Rs 425 billion on March 31

BoP assets touch Rs 425 billion on March 31

Assets of the Bank of Punjab touched Rs 425 billion on March 31 as the bank has branched out to 182 cities with 364 branches, claimed a bank spokesman on Thursday. He claimed that the number of Islamic banking branches had reached 37. "The bank deposits w
Published 26 Jun, 2015 12:00am
DG LDA promoted

DG LDA promoted

Director General, Lahore Development Authority (LDA) Ahad Khan Cheema has promoted 15 Assistant Directors to the post of Deputy Director. Muhammad Saleem, Assistant Director Accounts, working in the Directorate of Revenue, LDA, has been promoted to the ra
Published 26 Jun, 2015 12:00am
APBF urges government to construct big dams immediately

APBF urges government to construct big dams immediately

The All Pakistan Business Forum (APBF) has voiced concern over hundreds of deaths in Karachi in the last five days following a deadly heatwave being added with long power outages and water shortages and urged government to construct big dams immediately.
Published 26 Jun, 2015 12:00am
Steps taken to provide quality items: chief minister

Steps taken to provide quality items: chief minister

Punjab Chief Minister Shahbaz Sharif has said that effective measures have been taken for the provision of quality essential items to the people at cheaper rates in Ramazan bazaars as well as open market and bazaars during Ramazan-ul-Mubarak and Ramazan P
Published 26 Jun, 2015 12:00am
NBP-Aitemaad targets 100 branches by year-end

NBP-Aitemaad targets 100 branches by year-end

The National Bank of Pakistan-Aitemaad has grown its size and expanded branch network to around 50 Islamic banking branches with a target of reaching 100 by this year's end, claims a bank spokesman. "The growth has been attributed from opening new branche
Published 26 Jun, 2015 12:00am
12 Afghan students get scholarships under PM's scheme

12 Afghan students get scholarships under PM's scheme

As many as 12 Afghan national students of the University of Agriculture Faisalabad (UAF) got scholarships under the Prime Minister Scheme of Scholarship for the academic year 2014-15. University of Agriculture Faisalabad Vice Chancellor Professor Dr Iqrar
Published 26 Jun, 2015 12:00am
Power outages: Wattoo may lead protest rally today

Power outages: Wattoo may lead protest rally today

President Pakistan Peoples Party Punjab Manzoor Wattoo is expected to spearhead a protest rally against frequent power outages on Friday (today), announcing that his party in the Punjab will organise similar protests all across the Punjab at the level of
Published 26 Jun, 2015 12:00am
Sindh Assembly passes Finance Bill 2015

Sindh Assembly passes Finance Bill 2015

The Sindh Assembly on Thursday passed Sindh Finance Bill 2015 amid protest and criticism by opposition parties for scaling up taxation and increase in tax rate. MQM's Syed Sardar Ahmed urged the government to retain the tax rate and avoid its hike, saying
Published 26 Jun, 2015 12:00am
Sindh Assembly passes Finance Bill 2015

Sindh Assembly passes Finance Bill 2015

The Sindh Assembly on Thursday passed Sindh Finance Bill 2015 amid protest and criticism by opposition parties for scaling up taxation and increase in tax rate. MQM's Syed Sardar Ahmed urged the government to retain the tax rate and avoid its hike, saying
Published 26 Jun, 2015 12:00am
Searing heat affects business activities

Searing heat affects business activities

Pace of business activities in the city has not yet geared up as most of people prefer to stay indoors in the persisting searing heat that had already claimed hundreds of lives. Moreover, frequent power outages and prolonged loadshedding are also wrecking
Published 26 Jun, 2015 12:00am
SBOA for allotment of space for bus stand in Hyderabad

SBOA for allotment of space for bus stand in Hyderabad

Sindh Bus Owners Association (SBOA) Hyderabad has demanded of the district administration for allotting space for Bus Stand at Hyderabad. President SBOA Meer Afzal made the demand during a press conference at Hyderabad Press Club (HPC), here on Thursday.
Published 26 Jun, 2015 12:00am
Postings in small cadre: FBR to remove serious anomaly

Postings in small cadre: FBR to remove serious anomaly

The Federal Board of Revenue (FBR) has decided to remove a serious anomaly in the functioning/postings of officers in small cadre (Sales Tax), as Deputy Collector/Deputy Commissioner are not a defined authority under the Income Tax Ordinance 2001, Sales T
Published 26 Jun, 2015 12:00am
Karachi deaths: Imran holds Sindh, federal governments responsible

Karachi deaths: Imran holds Sindh, federal governments responsible

Imran Khan, Chairman of Pakistan Tehreek-e-Insaf (PTI), lashed out at federal and provincial Sindh governments over more than 1000 deaths in Karachi due to heat wave and prolonged power failures. Addressing a press conference here on Thursday, Khan said,
Published 26 Jun, 2015 12:00am
Wind power projects: Upfront tariff of Rs 10.6048/kWh announced

Wind power projects: Upfront tariff of Rs 10.6048/kWh announced

National Electric Power Regulatory Authority (Nepra) on Thursday announced new levelized upfront tariff of Rs 10.6048/kWh for wind power projects which envisages substantial decrease from the previous tariff of Rs 13.1998/kWh. This would reduce the cost o
Published 26 Jun, 2015 12:00am
Two accused held; 215 cell phones seized at JIAP

Two accused held; 215 cell phones seized at JIAP

Model Collectorate of Customs (MCC)-Preventive claimed to have arrested two persons and recovered 215 cell phones worth Rs 2 million at Jinnah International Airport (JIAP). According to official sources, the preventive staff intercepted a passenger at the
Published 26 Jun, 2015 12:00am
12 killed in truck-bus collision

12 killed in truck-bus collision

As many as twelve persons were killed and eight seriously injured when a passenger van collided with a truck near here on Thursday. According to FC sources, a loaded truck collided head on with a passenger wagon in Khad Koocha locality of Mastung area of
Published 26 Jun, 2015 12:00am
Tiger Biscuits team visits underprivileged schools

Tiger Biscuits team visits underprivileged schools

Tiger Biscuits, in a bid to promote the importance of health and education amongst children initiated an activity whereby their team visited underprivileged schools and briefed the children about the significance of a healthy diet. The children were also
Published 26 Jun, 2015 12:00am
Pakistan willing to facilitate Afghan government-Taliban talks: Aziz

Pakistan willing to facilitate Afghan government-Taliban talks: Aziz

Adviser to PM on Foreign Affairs and National Security Sartaj Aziz on Thursday said the government is ready to facilitate dialogue between Afghan government and Taliban. He said this during a briefing to Senate Standing Committee on Foreign Affairs on the
Published 26 Jun, 2015 12:00am
Government pledges $1 million contribution for Nepal

Government pledges $1 million contribution for Nepal

The Government of Pakistan has pledged one million dollar as a contribution for utilisation towards reconstruction and rehabilitation process currently going on in Nepal after the devastating earthquakes that hit the country earlier this year. The announc
Published 26 Jun, 2015 12:00am
We've taken note of BBC report: FO

We've taken note of BBC report: FO

Describing 'Indian interference' in Pakistan's internal affairs against the principle of UN Charter, the Foreign Office said Thursday that the government has taken note of the BBC report and concerned authorities are looking into the claims that India pro
Published 26 Jun, 2015 12:00am
We've taken note of BBC report: FO

We've taken note of BBC report: FO

Describing 'Indian interference' in Pakistan's internal affairs against the principle of UN Charter, the Foreign Office said Thursday that the government has taken note of the BBC report and concerned authorities are looking into the claims that India pro
Published 26 Jun, 2015 12:00am
Five Thai students detained in Pakistan return home

Five Thai students detained in Pakistan return home

Five Thai students detained in Pakistan for trying to board a plane with a pistol and ammunition have been freed and returned to Bangkok on Thursday, said Thailand's Foreign Ministry. The men, who were studying at a religious school in Pakistan, were tryi
Published 26 Jun, 2015 12:00am
Deulofeu joins Everton

Deulofeu joins Everton

Everton have signed Barcelona's Gerard Deulofeu on a three-year deal for six million euros (£4.3m, $6.7m), the Premier League club announced on Thursday. The 21-year-old right winger, whose deal includes the option of an extra year, had a loan spell at Go
Published 26 Jun, 2015 12:00am
Panama's ex-dictator Noriega apologises to victims

Panama's ex-dictator Noriega apologises to victims

Jailed Panamanian ex-dictator Manuel Noriega has apologised to victims of his 1983-1989 regime, which a truth commission found abducted and murdered opponents before his ouster in a US invasion. "I apologise to anyone who feels offended, affected, harmed
Published 26 Jun, 2015 12:00am
Islamic State attacks Syrian army and Kurds in twin assault

Islamic State attacks Syrian army and Kurds in twin assault

Islamic State fighters have launched simultaneous attacks against Syrian government and Kurdish militia forces, moving back onto the offensive after losing ground in recent days to Kurdish-led forces near the capital of their "caliphate". Islamic State so
Published 26 Jun, 2015 12:00am
US top court backs Obamacare, president says it's here to stay

US top court backs Obamacare, president says it's here to stay

The US Supreme Court preserved President Barack Obama's signature healthcare law on Thursday, upholding crucial tax subsidies while turning aside a conservative legal challenge that could have doomed the law. "After more than 50 votes in Congress to repea
Published 26 Jun, 2015 12:00am
US House hands Obama another win on trade

US House hands Obama another win on trade

The House of Representatives passed a worker aid bill Thursday tethered to President Barack Obama's trade agenda, handing him another victory in his effort to conclude a massive Pacific trade pact. The Trade Adjustment Assistance (TAA) bill made its way t
Published 26 Jun, 2015 12:00am
Floods hit Russian Olympic city of Sochi

Floods hit Russian Olympic city of Sochi

Torrential rain on Thursday triggered flooding on the streets of the Russian resort town of Sochi which hosted the 2014 Winter Olympics, forcing evacuations and disrupting travel. Authorities declared a state of emergency in the Black Sea city, deploying
Published 26 Jun, 2015 12:00am
US says Iran nuclear deal deadline may 'slip'

US says Iran nuclear deal deadline may 'slip'

High-stakes talks to nail down a historic deal with Iran to curtail its nuclear programme may "slip" past a June 30 deadline, a top US official admitted Thursday ahead of crunch weekend negotiations in Vienna. "We may not make June 30, but we will be clos
Published 26 Jun, 2015 12:00am
Kaushal, Prasad skittle Pakistan in second Test

Kaushal, Prasad skittle Pakistan in second Test

Young off-spinner Tharindu Kaushal grabbed five wickets as Sri Lanka bundled out Pakistan for 138 on the opening day of the second Test against Sri Lanka in Colombo on Thursday. Seamer Dhammika Prasad chipped in with three wickets as the tourists collapse
Published 26 Jun, 2015 12:00am
Chile down nine-man Uruguay to reach Copa semi

Chile down nine-man Uruguay to reach Copa semi

Chile bundled reigning champions Uruguay out of the Copa America with a 1-0 victory in a fast-paced quarter-final that ended in controversy and kept alive the host nation's dream of a maiden title on Wednesday. Uruguay were reduced to nine men by the end
Published 26 Jun, 2015 12:00am
Ton-up Marsh stars in Australia tour opener

Ton-up Marsh stars in Australia tour opener

Shaun Marsh marked Australia's opening match of their Ashes tour of England with a century against Kent at Canterbury on Thursday as he staked a claim to retain his Test place. Australia, having been sent into bat by Kent, were 236 for one at tea on the f
Published 26 Jun, 2015 12:00am
Bayliss plays straight bat on Pietersen selection

Bayliss plays straight bat on Pietersen selection

Incoming England coach Trevor Bayliss refused to be drawn Thursday on whether he wants Kevin Pietersen in his Ashes squad, while saying he was impressed by the team's recent performances against New Zealand. Bayliss, an Australian, was appointed as the ne
Published 26 Jun, 2015 12:00am
Froome reveals missed doping test

Froome reveals missed doping test

British cycling star Chris Froome revealed Thursday he had missed a drugs test earlier this year but said it was his own fault. The 30-year-old's missed test came while he was on holiday in Italy with wife Michelle. Staff at the hotel where they were stay
Published 26 Jun, 2015 12:00am
Haq free to resume Scotland career

Haq free to resume Scotland career

Scotland off-spinner Majid Haq has been told he can resume his international career after being sent home early from the World Cup. Haq responded to being left out from the Pool match against Sri Lanka by posting a tweet, which was soon deleted, in which
Published 26 Jun, 2015 12:00am
Thousands sign up for 'leaving party' for Blatter

Thousands sign up for 'leaving party' for Blatter

A celebration of Sepp Blatter's departure as the head of world soccer's governing body has attracted more than 21,000 would-be guests via Facebook. With FIFA mired in a corruption scandal, Blatter, 79, delighted critics this month by announcing he would s
Published 26 Jun, 2015 12:00am
Wozniacki storms into Eastbourne semi-finals

Wozniacki storms into Eastbourne semi-finals

Caroline Wozniacki defeated Germany's Andrea Petkovic 7-5, 6-1 on Thursday to set up an Eastbourne International semi-final against Swiss teenager Belinda Bencic. Second seed Wozniacki is bidding for a second trophy at Devonshire Park after winning the pr
Published 26 Jun, 2015 12:00am
Radwanska makes semis

Radwanska makes semis

Former champion Agnieszka Radwanska reached the semi-finals of the Eastbourne International on Thursday with a straightforward 6-2, 6-2 defeat of Bulgarian Tsvetana Pironkova. The 2008 champion from Poland, who went out in the first round on the English s
Published 26 Jun, 2015 12:00am
Former teammates pay tribute to hard working Younis

Former teammates pay tribute to hard working Younis

Pakistan's Inzamam-ul-Haq Thursday hailed his former team mate Younis Khan for completing 100 Tests, praising his uncompromising hard work and commitment as key to reaching the milestone. Younis, 37, reached the landmark during the second Test between Pak
Published 26 Jun, 2015 12:00am
Ramos wants to leave Real Madrid

Ramos wants to leave Real Madrid

Real Madrid defender Sergio Ramos has told the club he wants to leave after falling out with its president Florentino Perez, media reported Thursday, saying Manchester United were interested in buying the player. Spain's major sporting and general dailies
Published 26 Jun, 2015 12:00am
Australian shares turn lower
Currency

Australian shares turn lower

Australian shares ended lower on Thursday, coming off a three-week peak set the previous day as investors turned cautious amid renewed worries about a Greek default. The S&P/ASX 200 index shed 1.0 percent, or 54.1 points, to 5,632.7, recoiling from a thre
Published 26 Jun, 2015 12:00am
Dollar dips against yen in Asia
Currency

Dollar dips against yen in Asia

The dollar dipped versus the yen on Thursday, awaiting US data for fresh cues after giving back gains following an impasse in Greek debt negotiations. The euro was treading water after showing a more limited response. The US currency dipped 0.2 percent to
Published 26 Jun, 2015 12:00am
Yuan eases

Yuan eases

China's yuan eased on Thursday, as corporate dollar demand rose as the end of the half-year approached, traders said. The People's Bank of China (PBOC) weakened the midpoint rate slightly for a third consecutive session, setting it at 6.1148 per dollar pr
Published 26 Jun, 2015 12:00am
FTSE knocked back by weak mining stocks and Greek worries
Currency

FTSE knocked back by weak mining stocks and Greek worries

Britain's top equity index slipped on Thursday from three-week highs reached in the previous session as weaker mining stocks and persistent concerns over Greece's debt problems weighed on the market. The benchmark FTSE 100 equity index closed down 0.5 per
Published 26 Jun, 2015 12:00am
Southeast Asian markets: Thai recoup losses; Manila falls

Southeast Asian markets: Thai recoup losses; Manila falls

Thai stocks eked out small gains on Thursday as brokerage portfolios bought index heavyweight shares, while outflows hit select banking and property stocks in the Philippines before the central bank's interest rate decision. The Thai SET index recouped ea
Published 26 Jun, 2015 12:00am
BSE jumps on Modi's housing push

BSE jumps on Modi's housing push

India's benchmark BSE index marked its highest close in a month on Thursday, as mortgage lenders such as Housing Development Finance Corp rose on hopes the government's push on housing would aid income. The 30-share BSE index gained 0.6 percent, marking i
Published 26 Jun, 2015 12:00am
Chinese stocks tumble

Chinese stocks tumble

China stocks fell more than 3 percent on Thursday after some investors took advantage of gains in morning trade to reduce risk exposure, a reminder that the market is still fragile following last week's 13 percent plunge. The CSI300 index of the largest l
Published 26 Jun, 2015 12:00am
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