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Print - 2015-09-02
Chinese firm signs $500 million investment in OPL

Chinese firm signs $500 million investment in OPL

Poly-GCL Petroleum Group of China has agreed with Ocean Pakistan Limited (OPL) to invest $500 million in exploration of oil/gas sector of Pakistan. The two companies reached an agreement during a recent visit of a seven-member delegation of Poly-GCL Petro
Published 02 Sep, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Sep, 2015 12:00am
Chinese firm signs $500 million investment in OPL

Chinese firm signs $500 million investment in OPL

Poly-GCL Petroleum Group of China has agreed with Ocean Pakistan Limited (OPL) to invest $500 million in exploration of oil/gas sector of Pakistan. The two companies reached an agreement during a recent visit of a seven-member delegation of Poly-GCL Petro
Published 02 Sep, 2015 12:00am
Stocks, oil dive on China fears
Currency

Stocks, oil dive on China fears

World stock indexes and commodities slumped on Tuesday as weak Chinese data revived fears about the effect of China''s economic health on the global economy and fuelled more market turmoil. Oil prices settled down sharply, with Brent falling back below $5
Published 02 Sep, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Sep, 2015 12:00am
Stocks, oil dive on China fears
Currency

Stocks, oil dive on China fears

World stock indexes and commodities slumped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fuelled more market turmoil. Oil prices settled down sharply, with Brent falling back below $50
Published 02 Sep, 2015 12:00am
Stocks, oil dive on China fears
Currency

Stocks, oil dive on China fears

World stock indexes and commodities slumped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fuelled more market turmoil. Oil prices settled down sharply, with Brent falling back below $50
Published 02 Sep, 2015 12:00am
Thousands of Clinton emails released, scores retroactively classified

Thousands of Clinton emails released, scores retroactively classified

The US State Department released over 4,000 more of the emails former secretary of state Hillary Clinton kept on a private server Monday and revealed that some 150 others have been retroactively classified. Reporters and Clinton's rivals as she campaigns
Published 02 Sep, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 01, 2015).

Published 02 Sep, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 01, 2015).
Published 02 Sep, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (September 01, 2015).

Published 02 Sep, 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 Tuesday (September 01, 2015).

Published 02 Sep, 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 02 Sep, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

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 02 Sep, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 02 Sep, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 02 Sep, 2015 12:00am
Daily trading report of PMEX0
Cotton

Daily trading report of PMEX0

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,812 million. The number of lots traded was 7.32 million. PMEX Commodity Index closed at 2,523. Major business was contributed by crude oil amounting to PKR 4,365 million. This was f
Published 02 Sep, 2015 12:00am
US natural gas futures down one percent

US natural gas futures down one percent

US natural gas futures settled 1 percent lower on Monday on expectations that high summer temperatures will peak this week, paring demand for air conditioning from gas-powered electricity over the next fortnight. Front-month gas futures settled down 2.6 c
Published 02 Sep, 2015 12:00am
US FOB Gulf soyabean offers higher

US FOB Gulf soyabean offers higher

Export premiums for US soyabeans were higher on Monday, rebounding after declining for much of last week amid better international demand and following gains in the CIF barge market, traders said. The US Department of Agriculture earlier on Monday said 12
Published 02 Sep, 2015 12:00am
Palm oil prices down on European vegoils market
Vegetable Oil

Palm oil prices down on European vegoils market

Palm and coconut oil prices on the European vegetable oil market were generally lower on Monday, in a market which was quiet due to Malaysian trading being closed for the National Day holiday. Many products were unquoted in Europe for most of the day.
Published 02 Sep, 2015 12:00am
CBOT wheat futures settle mixed

CBOT wheat futures settle mixed

Wheat futures on the Chicago Board of Trade settled mixed on Monday, with the most-active December contract gaining on a late round of technical buying and strength in other markets including crude oil, traders said. Spot September wheat, which is in deli
Published 02 Sep, 2015 12:00am
European wheat prices fall in line with US markets

European wheat prices fall in line with US markets

European wheat prices dipped on Monday in the wake of a fall on US markets, pressured by a strong euro versus the dollar which hampers competitiveness on world markets. Benchmark December milling wheat on Euronext unofficially closed 0.1 percent lower at
Published 02 Sep, 2015 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 185,355 tonnes of cargo comprising 157,571 tonnes of import cargo and 27,784 tonnes of export cargo including 7,432 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 15
Published 02 Sep, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The December vaida was lower and the January contract was unchanged on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 1303.60, opened with 60 paisa decline at Rs 1303.00 in the ea
Published 02 Sep, 2015 12:00am
Masoor, barley prices fall on grain market
Cotton

Masoor, barley prices fall on grain market

Masoor and barley prices were down on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Masoor Canada low type was lower by Rs 200 to Rs 9000 and the best type shed Rs 100 to Rs 9500, Masoor Dall Ca
Published 02 Sep, 2015 12:00am
Shanghai copper down

Shanghai copper down

Shanghai Futures Exchange copper ended down 0.4 percent at 39,260 yuan ($6,163) a tonne on Tuesday. Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investors
Published 02 Sep, 2015 12:00am
Copper losses fuelled by China data

Copper losses fuelled by China data

Copper prices fell on Tuesday as expectations of weak demand from top consumer China were fuelled by data showing its manufacturing sector contracting at its fastest pace in three years. Benchmark copper on the London Metal Exchange (LME) ended at $5,067
Published 02 Sep, 2015 12:00am
Rubber lower

Rubber lower

Benchmark Tokyo rubber futures edged lower on Tuesday after weak factory data in China sent equities down in Tokyo and Shanghai, prompting fresh sells, dealers said. The Tokyo Commodity Exchange rubber contract for February delivery finished 0.2 yen lower
Published 02 Sep, 2015 12:00am
Corn, soyabeans and wheat post monthly loss

Corn, soyabeans and wheat post monthly loss

Chicago Board of Trade soyabean futures edged higher on Monday on a round of end-of-month short covering while wheat was mixed and corn settled close to unchanged, traders said. Corn, soyabeans and wheat posted monthly losses during August, the second str
Published 02 Sep, 2015 12:00am
Palm up surges
Vegetable Oil

Palm up surges

Malaysian palm oil futures rose for a third day in strong trading on Tuesday after a jump in crude oil prices overnight and gains in competing vegetable oil markets. A stronger ringgit had little impact. By Tuesday's close, the benchmark November palm oil
Published 02 Sep, 2015 12:00am
Raw sugar up, arabica dips
Currency

Raw sugar up, arabica dips

Raw sugar futures on ICE inched further above last week's seven-year low on Tuesday, as the market consolidated after falling more than 3 percent on Monday, while arabica coffee eased under pressure frrom a weak Brazilian currency Cocoa futures rose. Soft
Published 02 Sep, 2015 12:00am
Gold steadies in New York

Gold steadies in New York

Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the US dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. Spot gold
Published 02 Sep, 2015 12:00am
Gold rises in Asia

Gold rises in Asia

Gold rose on Tuesday as equities faltered on fresh signs of weakness in China's economy although mounting expectations that the US Federal Reserve will likely go ahead with an interest rate increase this month kept gains in check. Activity in China's fact
Published 02 Sep, 2015 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose one percent on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade. Activity in China's factory s
Published 02 Sep, 2015 12:00am
US MIDDAY: soyabeans and corn fall

US MIDDAY: soyabeans and corn fall

Chicago Board of Trade corn and soyabean futures dropped on Tuesday on concerns that commodity purchases from China will slow as the country's economy softens, traders said. Wheat futures firmed despite worries about the viability of US exports as investm
Published 02 Sep, 2015 12:00am
US MIDDAY: gold moves up

US MIDDAY: gold moves up

Gold rose 1 percent early on Tuesday as the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate increase in nearly a decade. Activity in China's facto
Published 02 Sep, 2015 12:00am
Toshiba scandal continues as more accounting errors found

Toshiba scandal continues as more accounting errors found

Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan's worst corporate scandal in four years. Toshiba, which was scheduled to post its earnings for the
Published 02 Sep, 2015 12:00am
South Korea exports fall most in 6 years, raises rate cut prospect

South Korea exports fall most in 6 years, raises rate cut prospect

South Korean exports posted their worst fall in six years in August as global demand wobbled, prompting some investment banks to trim this year's economic growth forecasts and call for another interest rate cut. Exports slumped 14.7 percent on-year to $39
Published 02 Sep, 2015 12:00am
Japan firms invest less as China fears grow, keeps BOJ pressured

Japan firms invest less as China fears grow, keeps BOJ pressured

Japanese firms spent less on plant and equipment in April-June than in the previous quarter despite reaping record profits, a sign premier Shinzo Abe's stimulus policies have failed to spur new investment key to ending nearly two decades of deflation. Fea
Published 02 Sep, 2015 12:00am
Turkish manufacturing slips back into contraction in August

Turkish manufacturing slips back into contraction in August

Condition in Turkey's manufacturing sector deteriorated again in August as employment fell, despite the weak lira pushing up new orders. The Turkish PMI fell to 49.3 in August from 50.1 in July, survey data from Istanbul Chamber of Industry and Markit sho
Published 02 Sep, 2015 12:00am
China says stock market plunge impact on economy limited

China says stock market plunge impact on economy limited

China's gyrating stock market is likely to affect businesses, but the impact should be contained as the economy is still a developing one, an official at the country's top economic planner said on Tuesday. Remarking on a near 40 percent plunge in Chinese
Published 02 Sep, 2015 12:00am
French tax cuts will not be at expense of deficit targets

French tax cuts will not be at expense of deficit targets

French income tax cuts promised earlier this month by President Francois Hollande will not come at the expense of the country's deficit reduction targets, Finance Minister Michel Sapin said on Monday. "We will cut taxes - that's not to increase them elsew
Published 02 Sep, 2015 12:00am
New Zealand house price growth picks up in August

New Zealand house price growth picks up in August

New Zealand house prices rose at their fastest pace in eight years in August, the government property valuer said on Tuesday, as prices continue to climb in Auckland, the country's largest city. Quotable Value's (QV) residential property price index rose
Published 02 Sep, 2015 12:00am
Alcatel-Lucent chief defends 14 million euro payout

Alcatel-Lucent chief defends 14 million euro payout

The head of telecoms equipment maker Alcatel-Lucent rejected government pressure Monday to renounce bonuses which could see him receive around 14 million euros ($15.7 million) as part of its buyout by rival Nokia. Michel Combes, who has headed the French-
Published 02 Sep, 2015 12:00am
Australia central bank keeps rates steady

Australia central bank keeps rates steady

Australia's central bank kept interest rates at a record low on Tuesday in a widely expected decision ahead of GDP data that is likely to show economic growth shifted a gear lower in the second quarter. The Reserve Bank of Australia (RBA) left the cash ra
Published 02 Sep, 2015 12:00am
Eurozone unemployment falls to three-year low in July

Eurozone unemployment falls to three-year low in July

Unemployment in the eurozone unexpectedly fell to its lowest level in more than three years in July with a sharp decline in the volatile figure in Italy. The European Union's statistics office Eurostat said on Tuesday that euro zone unemployment was 10.9
Published 02 Sep, 2015 12:00am
Japan's minister says will discuss China economy at G20

Japan's minister says will discuss China economy at G20

Japanese Finance Minister Taro Aso said on Tuesday it would be beneficial for this week's meeting of the Group of 20 major economies to discuss what is going on in China's economy. China is Japan's biggest trading partner. China's stock markets have lost
Published 02 Sep, 2015 12:00am
Canada officially enters recession

Canada officially enters recession

Reeling from low oil prices, Canada fell into a recession in the first half of the year, government data confirmed Tuesday, putting Conservative Prime Minister Stephen Harper on the defensive in the run-up to October elections. According to Statistics Can
Published 02 Sep, 2015 12:00am
LVMH recruits Apple music executive as digital chief

LVMH recruits Apple music executive as digital chief

French luxury giant LVMH said Tuesday it had recruited former Apple music heavyweight Ian Rogers as chief digital officer to the group that produces Louis Vuitton bags and Moet Hennessy spirits. LVMH's announcement that Rogers will be taking over the grou
Published 02 Sep, 2015 12:00am
Thailand approves $3.8 billion stimulus to help stumbling economy

Thailand approves $3.8 billion stimulus to help stumbling economy

Thailand's military government has approved economic measures worth a combined 136 billion baht ($3.81 billion) aimed at boosting spending power in rural areas, as the junta struggles to lift economic growth. The measures include soft loans via village fu
Published 02 Sep, 2015 12:00am
Automakers post solid US auto sales

Automakers post solid US auto sales

Automakers posted Tuesday strong US auto sales in August, with sport utility vehicles and pickups continuing to see robust demand amid low gasoline prices and an improving jobs market. General Motors, the largest US automaker, said it sold 270,480 vehicle
Published 02 Sep, 2015 12:00am
Lagarde sees weaker than expected global economic growth

Lagarde sees weaker than expected global economic growth

Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations. IMF Managing Director Christine La
Published 02 Sep, 2015 12:00am
Google changes logo to better suit mobile devices

Google changes logo to better suit mobile devices

Google on Tuesday refreshed its logo to better suit mobile devices that are supplanting desktop computers when it comes to modern Internet lifestyles. Google's logo keeps its four-color scheme but shifts to a soft sans-serif font. The company is also repl
Published 02 Sep, 2015 12:00am
US factory activity slows; construction spending up solidly

US factory activity slows; construction spending up solidly

US factory activity hit a more than two-year low in August as manufacturers struggled with a strong dollar, weak global demand and the lingering effects of deep spending cuts in the energy sector. Other data on Tuesday, however, suggested the economy appe
Published 02 Sep, 2015 12:00am
Global factory growth at two-year low: PMI

Global factory growth at two-year low: PMI

Global factory activity expanded at its weakest pace in just over two years last month, even though discounted prices did drive a modest upturn in new orders, a business survey showed on Tuesday. J.P. Morgan's Global Manufacturing Purchasing Managers' Ind
Published 02 Sep, 2015 12:00am
China manufacturing contracts, eurozone and US slows

China manufacturing contracts, eurozone and US slows

China's giant manufacturing industry contracted and euro zone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. Stocks on major markets tumbled along with commodi
Published 02 Sep, 2015 12:00am
Gulf markets join global equity slide on China fears

Gulf markets join global equity slide on China fears

Stock markets across the Middle East fell on Tuesday alongside steep drops in global stock prices because of renewed uncertainty about the state of China's economy. Stock markets fell after data showed China's manufacturing activity had contracted in Augu
Published 02 Sep, 2015 12:00am
China stocks falter in giddy trade

China stocks falter in giddy trade

Chinese stocks got September off to a rocky ride on Tuesday, with main indexes tumbling 5 percent at one point as weak manufacturing data laid bare the daunting challenge faced by Beijing as it races to revive a stumbling economy. At the end of the sessio
Published 02 Sep, 2015 12:00am
Wall Street's worst month in three years ends on a sour note

Wall Street's worst month in three years ends on a sour note

Wall Street ended lower on Monday and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential US interest hike in September. Fed Vice Chairman Stanley Fischer on Saturday
Published 02 Sep, 2015 12:00am
Hong Kong stocks down

Hong Kong stocks down

Hong Kong shares fell in sympathy with regional markets on Tuesday, as weak Chinese manufacturing data stoked fresh worries about a hard landing for the world's second-largest economy. The Hang Seng index fell 2.2 percent, to 21,185.43, while the China En
Published 02 Sep, 2015 12:00am
Treasuries slip

Treasuries slip

Longer-dated US Treasuries prices fell on Monday after lower US oil production and Opec's readiness to talk with other producers heightened inflation fears, while weekend comments from the Federal Reserve vice chair hurt shorter-dated prices. Medium- and
Published 02 Sep, 2015 12:00am
Treasuries slip

Treasuries slip

Longer-dated US Treasuries prices fell on Monday after lower US oil production and Opec's readiness to talk with other producers heightened inflation fears, while weekend comments from the Federal Reserve vice chair hurt shorter-dated prices. Medium- and
Published 02 Sep, 2015 12:00am
Short-selling ratio of Japanese stocks hits record high

Short-selling ratio of Japanese stocks hits record high

The ratio of shares sold short in Japan hit a record high on Tuesday, as investors stepped up bets that the markets will fall further on concerns about a slowdown in China and possible US rate hike later this year. The ratio, which measures the amount of
Published 02 Sep, 2015 12:00am
Nikkei ends four percent lower

Nikkei ends four percent lower

Japanese stocks crumbled on Tuesday, extending the previous day's losses after surveys showed China's factory sector shrank for the sixth straight month in August while investors remained on edge ahead of key US data due throughout the week. Sentiment was
Published 02 Sep, 2015 12:00am
Indian stocks fall about 2 percent; lenders slump

Indian stocks fall about 2 percent; lenders slump

Indian shares fell about 2 percent on Tuesday, dragged by banking and financial stocks after reports of HDFC Bank's steep base rate cut on Monday sparked fears that other lenders will be able to match it only at the cost of margins. HDFC Bank cut its base
Published 02 Sep, 2015 12:00am
European shares hit by Chinese data, miners slump

European shares hit by Chinese data, miners slump

European equities fell sharply on Tuesday, with miners slumping after weak manufacturing data from China renewed concerns for the economic health of the world's biggest metals consuming country. The FTSEurofirst 300 index of top European shares ended 2.8
Published 02 Sep, 2015 12:00am
Australian shares plummet

Australian shares plummet

Australian shares tumbled to their lowest close in a week on Tuesday after fresh data showed China's manufacturing activity contracted in August, reinforcing worries about the health of Australia's biggest export market. The widely expected Reserve Bank o
Published 02 Sep, 2015 12:00am
SE Asian stocks fall; Jakarta worst performer

SE Asian stocks fall; Jakarta worst performer

All Southeast Asian stock markets ended weaker on Tuesday, led by Indonesia after surveys showed China's manufacturing sector was in the grip of its worst slump in several years, raising fresh fears about the health of the country's economy. Speculation o
Published 02 Sep, 2015 12:00am
FTSE posts biggest one-day fall in over a week

FTSE posts biggest one-day fall in over a week

The UK FTSE 100 slumped 3 percent on Tuesday, its worst one-day fall in over a week, with miners hit hardest after a slump in the manufacturing sector in China - the world's biggest commodity consumer. All but one FTSE 100 stock closed in negative territo
Published 02 Sep, 2015 12:00am
Yuan moves up
Currency

Yuan moves up

China's yuan firmed on Tuesday as state-owned banks were suspected of selling dollars at the central banks behest, and sources told Reuters that authorities were preparing to tighten rules on forwards trading to deter speculation against the yuan, traders
Published 02 Sep, 2015 12:00am
Yen, euro up in Asia

Yen, euro up in Asia

The yen and euro edged higher on Tuesday as falls in Asian equities kept the focus on whether investors would need to further unwind carry trades, bets in risk assets funded by low-yielding currencies. Surveys of China's manufacturing and services sector
Published 02 Sep, 2015 12:00am
Yen, euro buoyed by risk aversion in Europe
Currency

Yen, euro buoyed by risk aversion in Europe

The safe-haven yen and the low-yielding euro rose on Tuesday on concerns about China's economy, as investors unwound bets against the two currencies widely used to fund positions in riskier assets. Speculators and investors had sold low-yielding currencie
Published 02 Sep, 2015 12:00am
Early trade in New York: Dollar drops as yen, euro rise

Early trade in New York: Dollar drops as yen, euro rise

The dollar sagged against the safe-haven yen and low-yielding euro on Tuesday as weak Chinese factories data drove investors to unwind bets against the two currencies widely used to fund positions in riskier assets. The data showed the manufacturing secto
Published 02 Sep, 2015 12:00am
Dollar sags against yen, euro in New York
Currency

Dollar sags against yen, euro in New York

The dollar eased against the safe-haven yen and the low-yielding euro on Monday as investors around the world knocked down equities and trimmed bets against currencies popularly used to fund risky carry trades. Under carry trades, investors sell a low-yie
Published 02 Sep, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.30-6.50 percent (* Previous 05.25-06.50 percent). (* revised).
Published 02 Sep, 2015 12:00am
Asia FX gains
Currency

Asia FX gains

Most emerging Asian currencies rose on Tuesday, helped by a Reuters report that China was planning fresh moves to stabilise the yuan, though sentiment toward the region stayed bearish after a survey showed Chinese factory activity had slumped. China's cen
Published 02 Sep, 2015 12:00am
Sri Lankan rupee ends steady
Currency

Sri Lankan rupee ends steady

The Sri Lankan rupee ended steady on Tuesday as a state-run bank, through which the central bank usually directs the market, sold dollars at 134.50 a day after it raised the local currency's peg against the dollar for a second straight session. Currency d
Published 02 Sep, 2015 12:00am
Manufacturing survey thwarts sterling recovery

Manufacturing survey thwarts sterling recovery

Sterling lost ground against both the dollar and euro on Tuesday after a weaker-than-expected survey of manufacturing sentiment added to arguments for another prolonged hold of Bank of England interest rates. The pound has suffered along with the dollar f
Published 02 Sep, 2015 12:00am
Aussie tentative after RBA, New Zealand dollar up

Aussie tentative after RBA, New Zealand dollar up

The Australian dollar was in limbo on Tuesday after the Reserve Bank of Australia (RBA) offered no fresh guidance on its rate outlook, while the New Zealand dollar edged up on better economic data. The Australian dollar was only slightly higher at $0.7122
Published 02 Sep, 2015 12:00am
FIFA slams brakes on Singapore FA polls

FIFA slams brakes on Singapore FA polls

FIFA has told Singapore's football association to put internal elections on hold over possible political interference. The Football Association of Singapore (FAS) said it has been in talks with the world governing body, which opposes government interferen
Published 02 Sep, 2015 12:00am
Qatar to finish work on first World Cup venue by 2016

Qatar to finish work on first World Cup venue by 2016

Controversial football World Cup host Qatar will complete work on the first venue for tournament matches by 2016, six years before the event takes place, officials announced on Tuesday. The 40,000-seater Khalifa International Stadium is scheduled to host
Published 02 Sep, 2015 12:00am
Cook in search of opening partner

Cook in search of opening partner

It is Test cricket's equivalent of a lonely hearts advert: experienced opener seeks partner for meaningful relationship. Yet for England captain Alastair Cook it is no joke. Since former skipper and first-wicket colleague Andrew Strauss retired in 2012, l
Published 02 Sep, 2015 12:00am
Man United confirm Martial signing

Man United confirm Martial signing

Manchester United on Tuesday confirmed the signing of 19-year-old French striker Anthony Martial from Monaco on a four-year contract with an option for a further year. "Manchester United is delighted to announce that Anthony Martial has completed his tran
Published 02 Sep, 2015 12:00am