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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-09-11
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 11 Sep, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Sep, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 11 Sep, 2015 12:00am
SGS Pakistan

SGS Pakistan

SGS Pakistan established in 1952 is amongst the first Swiss companies set up in a newly born country. SGS Pakistan comprises of a dynamic team of over 1000 specialists in related disciplines of quality verification, supported by the state-of-art testing l
Published 11 Sep, 2015 12:00am
Pakistan - An economic overview
Cotton

Pakistan - An economic overview

Decades of internal political disputes and low levels of foreign investment have led to slow growth and under-development in Pakistan. Agriculture accounts for more than one-fourth of output and two-fifths of employment. Textiles account for most of Pakis
Published 11 Sep, 2015 12:00am
CONGRATULATORY MESSAGE

CONGRATULATORY MESSAGE

It gives me great pleasure to extend my felicitations on behalf of Patel Hospital, to The Federation of Pakistan Chambers of Commerce & Industry on successfully achieving ISO 9001:2008 Certification. This certification has recognised thequality standards
Published 11 Sep, 2015 12:00am
Investment regulations and economy

Investment regulations and economy

Investment plays a crucial role in economic growth and development of nations. The declining trend of investment in Pakistan does not support the economic progress and industrialisation. Pakistan is also in-competitive in cross border trade due to physica
Published 11 Sep, 2015 12:00am
FPCCI as catalyst for progress in national economy

FPCCI as catalyst for progress in national economy

Gone the days when trade bodies have been playing their role as collective bargaining agent of business community by means of their demands for provision of subsidies and tax exemptions. In 'New Economic Order' they play a proactive role of leadership in
Published 11 Sep, 2015 12:00am
The founder of Pakistan
Currency

The founder of Pakistan

The Muslims were a political power in India for more than one thousand years. Muhammad Bin Qasim conquered Sindh in 712 AD and since then Sindh became the gateway to Islam in India. Shahabuddin Muhammad Ghauri was the first Muslim warrior who was responsi
Published 11 Sep, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,626 million as compared to PKR 4,178 million a day ago. The number of lots traded was 34.591 million. PMEX Commodity Index closed at 2,4,90. Major business was contributed by gol
Published 11 Sep, 2015 12:00am
Asian gasoline crack holds near two-week highs

Asian gasoline crack holds near two-week highs

Asia's gasoline crack eased 1 cent on Tuesday to $12.79 a barrel but remained close to its highest in two weeks. The dip was dismissed by traders, who said that global demand for the fuel has mostly been firm this year. Nigeria, which is almost entirely r
Published 11 Sep, 2015 12:00am
European milling wheat futures edged lower

European milling wheat futures edged lower

European milling wheat futures edged lower on Wednesday as negative export sentiment curbed a rebound from contract lows. Benchmark December milling wheat on the Paris-based Euronext market was down 0.50 euros, or 0.3 percent, at 169.50 euros a tonne by 1
Published 11 Sep, 2015 12:00am
US soya bids fall to 2-month low

US soya bids fall to 2-month low

Soyabean spot basis bids fell to the lowest levels in more than two months at a closely watched processor in Decatur, Illinois, on Tuesday, pressured by limited demand ahead of the autumn harvest, grain buyers said. Bids fell 5 cents per bushel to a premi
Published 11 Sep, 2015 12:00am
Ukraine harvests 37.5 million tonnes of grain

Ukraine harvests 37.5 million tonnes of grain

Ukrainian farmers have harvested 37.5 million tonnes of grain from the 2015 crop, with an average yield of 3.59 tonne per hectare as of September 8, agriculture ministry data showed on Tuesday. Farmers have harvested 10.44 million hectares so far this yea
Published 11 Sep, 2015 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 117,591 tonnes of cargo comprising 99,523 tonnes of import cargo and 18,068 tonnes of export cargo including 2,861 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 99
Published 11 Sep, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the deliveries were higher on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 1304.90, opened with Re. one gain at Rs 1305.90 in the early session, dealers said. The Jan cont
Published 11 Sep, 2015 12:00am
Prices surge on tight supply position
Cotton

Prices surge on tight supply position

Prices went up sharply on the cotton market on Thursday amid tight supply against strong demand, dealers said. The official spot rate was up by Rs 50 to Rs 4,650, dealers said. Seed cotton prices in Sindh were at Rs 2400 and Rs 2450 and in Punjab rates we
Published 11 Sep, 2015 12:00am
Canadian canola prices rise

Canadian canola prices rise

ICE Canadian canola prices climbed on Tuesday with grains and oilseeds on short-covering, gaining momentum from stronger equity markets after a holiday weekend in North America. Canola's rally halted a five-day skid. November canola gained $7.60 to $462.1
Published 11 Sep, 2015 12:00am
Rising trend seen on grain market
Cotton

Rising trend seen on grain market

An upward trend was witnessed on the local grain market on Thursday in the process of modest trading, dealers said. On the cereals side, Moong Afghan gained Rs 250 to Rs 11000, other commodities maintained overnight levels, they said. On the rice sector,
Published 11 Sep, 2015 12:00am
Cotton market clouded by Eid sentiment
Cotton

Cotton market clouded by Eid sentiment

On the approaching Eidul Azha which will be celebrated during the last week of this month, cotton buyers have started building their inventories to keep their mills running till the end of this month. Dwindling supply of transportation and closures on app
Published 11 Sep, 2015 12:00am
Cotton market clouded by Eid sentiment
Cotton

Cotton market clouded by Eid sentiment

On the approaching Eidul Azha which will be celebrated during the last week of this month, cotton buyers have started building their inventories to keep their mills running till the end of this month. Dwindling supply of transportation and closures on app
Published 11 Sep, 2015 12:00am
Ukraine wants more flexibility under $1.5 billion grain deal with China

Ukraine wants more flexibility under $1.5 billion grain deal with China

Ukraine, apparently fearing China's economic problems might impact a $1.5 billion bilateral loan-for-grains deal, wants conditions eased to give it greater flexibility in trading with Beijing under the contract. Ukraine's state-run grain company GPZKU is
Published 11 Sep, 2015 12:00am
Shanghai copper climbs

Shanghai copper climbs

Shanghai Futures Exchange copper climbed by 0.6 percent to 41060 yuan ($6,433) a tonne on Thursday as profit-taking that began in US equities fed into global markets, and as more soft data on China stoked jitters over its economic growth. China's consumer
Published 11 Sep, 2015 12:00am
Fund buying helps drive copper to seven-week high
Currency

Fund buying helps drive copper to seven-week high

Copper prices hit a seven-week high on Thursday as fund buying fuelled the uptrend, but gains were capped ahead of a Federal Reserve meeting next week and on fears of a hard landing in top consumer China. Benchmark copper closed up at $5,398 a tonne from
Published 11 Sep, 2015 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Thursday, snapping a three-day rally, due to profit-taking as weak Japanese machinery orders sparked fears over the economy and led a slide in Tokyo stock market. The Tokyo Commodity Exchange (TOCOM) rubber contract
Published 11 Sep, 2015 12:00am
Soya drops on stable US crop ratings

Soya drops on stable US crop ratings

US soyabean futures dipped on Wednesday on better-than-expected US crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. Soyabeans pulled back after rising on Tuesday on expectations that th
Published 11 Sep, 2015 12:00am
Palm oil rises
Vegetable Oil

Palm oil rises

Malaysian palm oil futures rose to a six-week high on Thursday due to a weaker ringgit, though data showing rising production and inventory weighed on sentiment. The benchmark November contract on the Bursa Malaysia Derivatives Exchange reached a high of
Published 11 Sep, 2015 12:00am
Arabica coffee at 1-1/2 years low
Currency

Arabica coffee at 1-1/2 years low

Arabica coffee futures on ICE sank 4 percent to their lowest level in more than 1-1/2 years on Thursday, as funds sold on top grower Brazil's tumbling currency, while raw sugar also felt currency pressure but held within the prior session's range. Cocoa m
Published 11 Sep, 2015 12:00am
Gold plunges in New York

Gold plunges in New York

Gold fell to a four-week low on Wednesday as stock markets strengthened and the dollar firmed, though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting. The gold market will be closely watching the US central bank's n
Published 11 Sep, 2015 12:00am
Gold holds near four-week low in Asia

Gold holds near four-week low in Asia

Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong US economic data and outflows from bullion-backed exchange traded funds sapped investor interest. Spot gold was little changed at $1,106.10 an ounce by 0637 GMT,
Published 11 Sep, 2015 12:00am
Gold surges in Europe

Gold surges in Europe

Gold rose from four-week lows on Thursday as European stocks snapped a three-day run of gains, but traders remained cautious as they awaited fresh clues on the timing of a US rate hike. The precious metal fell 1.4 percent on Wednesday, its biggest one-day
Published 11 Sep, 2015 12:00am
Grain, soy futures up

Grain, soy futures up

US grain and soyabean futures edged higher early on Thursday on expectations the Agriculture Department will trim its domestic harvest estimates in highly anticipated reports due out Friday. The USDA, in the monthly reports, is projected to cut its corn a
Published 11 Sep, 2015 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold rose from four-week lows early on Thursday as European stocks snapped a three-day run of gains, but traders remained cautious as they awaited fresh clues on the timing of a US rate hike. The precious metal fell 1.4 percent on Wednesday, its biggest o
Published 11 Sep, 2015 12:00am
Australia's jobless rate falls to 6.2 percent

Australia's jobless rate falls to 6.2 percent

Australian unemployment eased in August, official data showed Thursday, providing a lift to the government with the economy hit by a China growth slowdown as it moves away from a massive resources investment boom. However, analysts suggested the ongoing w
Published 11 Sep, 2015 12:00am
Turkey growth ticks up to 3.8 percent, beats expectations
Currency

Turkey growth ticks up to 3.8 percent, beats expectations

Turkey's economy grew 3.8 percent in the second quarter, the statistics office said Thursday, beating expectations in a rare piece of good news as the country battles high inflation and a tumbling currency. Driven by a 5.6 percent rise in consumer spendin
Published 11 Sep, 2015 12:00am
US jobless claims fall

US jobless claims fall

New claims for US unemployment insurance benefits, a sign of the pace of layoffs in the economy, fell last week, the Labour Department reported Thursday. In the week ending September 5, initial jobless claims fell by 6,000 to 275,000, matching analyst exp
Published 11 Sep, 2015 12:00am
US sanctions aim at Saudi-Hamas finance link

US sanctions aim at Saudi-Hamas finance link

New US Treasury sanctions Thursday took aim at financial links between Saudi Arabia and the Palestinian Islamist movement Hamas, which the US labels a terrorist group. The Treasury named Hamas political bureau member Saleh Aruri; Saudi-based Hamas financi
Published 11 Sep, 2015 12:00am
Ikea furnishes 11 percent sales jump
Currency

Ikea furnishes 11 percent sales jump

Ikea, the world's top furniture company, said Thursday its sales jumped 11.2 percent during its 2014-2015 fiscal year, thanks to gains in nearly all markets but particularly in China and Germany. The Ikea Group, the Dutch holding company which controls th
Published 11 Sep, 2015 12:00am
ECB to extend QE beyond September 2016 to battle low inflation

ECB to extend QE beyond September 2016 to battle low inflation

The European Central Bank will officially extend its asset purchase programme beyond September 2016 in yet another attempt to drive up inflation and rekindle growth, a Reuters poll found. Launched just six months ago, the 60 billion euros a month sovereig
Published 11 Sep, 2015 12:00am
Fiat Chrysler recalls 1.7 million vehicles

Fiat Chrysler recalls 1.7 million vehicles

Fiat Chrysler's US arm announced Thursday the recall of more than 1.7 million cars and trucks on Thursday for problems including air bag risks, bad welds and electrical wiring risks. FCA US said it was recalling 1.35 million 2012-2014 Ram pickups and othe
Published 11 Sep, 2015 12:00am
Opec, non-Opec countries study Venezuela's oil summit proposal

Opec, non-Opec countries study Venezuela's oil summit proposal

Opec and non-Opec countries are studying a Venezuelan proposal for a heads-of-state summit to address low oil prices, the energy minister of Qatar said on Thursday. "The different countries are studying this proposal and if there was a response from Opec
Published 11 Sep, 2015 12:00am
Kenya signs China nuclear power deal

Kenya signs China nuclear power deal

Kenya has signed a deal with China as part of the east African nation's plans to have a nuclear power station by 2025, the Kenya Nuclear Electricity Board (KNEB) said Thursday. Kenya plans to set up its a first nuclear power plant with a capacity of 1000
Published 11 Sep, 2015 12:00am
Alibaba denies sharp slowdown in sales

Alibaba denies sharp slowdown in sales

E-commerce giant Alibaba has denied its sales volume growth has slowed into single digits because of China's faltering economy, the official Xinhua news agency reported, after comments by an executive raised worries over performance. The company dismissed
Published 11 Sep, 2015 12:00am
Alibaba denies sharp slowdown in sales

Alibaba denies sharp slowdown in sales

E-commerce giant Alibaba has denied its sales volume growth has slowed into single digits because of China's faltering economy, the official Xinhua news agency reported, after comments by an executive raised worries over performance. The company dismissed
Published 11 Sep, 2015 12:00am
S&P cuts Brazil sovereign credit rating to junk

S&P cuts Brazil sovereign credit rating to junk

Standard & Poor's cut Brazil's sovereign credit rating to junk Wednesday, citing the struggle of President Dilma Rousseff's government to master mushrooming debt and political turmoil. The downgrade to junk-bond status is a blow to Brazil because it could
Published 11 Sep, 2015 12:00am
S&P cuts Brazil sovereign credit rating to junk

S&P cuts Brazil sovereign credit rating to junk

Standard & Poor's cut Brazil's sovereign credit rating to junk Wednesday, citing the struggle of President Dilma Rousseff's government to master mushrooming debt and political turmoil. The downgrade to junk-bond status is a blow to Brazil because it could
Published 11 Sep, 2015 12:00am
China's producer prices slump as Li warns of challenges
Currency

China's producer prices slump as Li warns of challenges

China's factory gate prices fell at their fastest rate in six years in August, the government said Thursday, as Premier Li Keqiang warned that transforming the world's second-largest economy will be a "painful and treacherous" process. But Li expressed co
Published 11 Sep, 2015 12:00am
Middle East markets mixed, sovereign fund buying lifts Qatar

Middle East markets mixed, sovereign fund buying lifts Qatar

Middle East stock markets were mixed on Thursday, supported by oil's turnaround but also affected by a pull-back in global equities. Markets in Asia and Europe fell on Thursday after weak economic data from China and Japan. But oil prices, which had initi
Published 11 Sep, 2015 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks edged lower on Thursday, falling back from one-month highs, taking their cue from weaker overseas markets and a decline in Apple Inc shares. Apple unveiled a new TV set top box that responds to voice commands and fresh iPhones that sense the
Published 11 Sep, 2015 12:00am
Indian stocks fall

Indian stocks fall

Indian shares fell 0.6 percent on Thursday, hovering near over one-year low touched earlier this week, tracking declines around the region after lacklustre Chinese economic data added to heightened worries about the global economy. Data earlier showed tha
Published 11 Sep, 2015 12:00am
Nikkei retreats

Nikkei retreats

Japanese stocks fell on Thursday as a surprise drop in machinery orders in July heightened concerns about the economy, prompting investors to book profits a day after the market posted its biggest gain in nearly seven years. The Nikkei share average dropp
Published 11 Sep, 2015 12:00am
Wall Street falls, led by Apple, energy sector

Wall Street falls, led by Apple, energy sector

US stocks ended more than 1 percent lower on Wednesday after rallying the day before, led by declines in shares of Apple and energy companies, which fell with oil prices. Shares of Apple ended down 1.9 percent at $110.15 in heavy trading, erasing gains as
Published 11 Sep, 2015 12:00am
Hong Kong shares plummet

Hong Kong shares plummet

Hong Kong shares tumbled down on Thursday, tracking regional and US markets, as investors took profits following a rally over the two previous days. The Hang Seng index fell 2.6 percent, to 21,562.50, while the China Enterprises Index lost 2.0 percent, to
Published 11 Sep, 2015 12:00am
Seoul shares up

Seoul shares up

Seoul shares reversed early losses to close at a three-week high on Thursday as recently undervalued shares extended gains, while foreigners continuously offloaded local stocks. The Korea Composite Stock Price Index (KOSPI) ended up 1.4 percent at 1,962.1
Published 11 Sep, 2015 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Wednesday as higher yields lured fund managers and other investors back to the market, and after an auction of new 10-year notes saw solid demand. Bond yields had increased to one-month highs earlier on Wednesday as investors pr
Published 11 Sep, 2015 12:00am
Treasury yields fall

Treasury yields fall

US Treasury yields fell on Wednesday as higher yields lured fund managers and other investors back to the market, and after an auction of new 10-year notes saw solid demand. Bond yields had increased to one-month highs earlier on Wednesday as investors pr
Published 11 Sep, 2015 12:00am
Sri Lankan shares fall

Sri Lankan shares fall

Sri Lankan shares fell on Thursday in light trade, as a weakening rupee and high interest rates prompted investors to cut holdings in telecom and financial stocks, brokers said. Trading volume remained low as investors awaited cues from the policy of the
Published 11 Sep, 2015 12:00am
China stocks correct on profit-taking

China stocks correct on profit-taking

China stocks weakened on Thursday as investors took profits following a sharp rally in the previous two days, falling in step with regional markets led lower by Wall Street. There were few signs of panic in the retreat. Chinese Premier Li Keqiang reassure
Published 11 Sep, 2015 12:00am
European shares down, Brazil-exposed stocks under pressure

European shares down, Brazil-exposed stocks under pressure

European shares retreated on Thursday as companies exposed to Brazil came under selling pressure after Standard & Poor's downgraded the country's credit rating to "junk". French retailer Casino Guichard, which got about half its 2014 revenue from Latin Am
Published 11 Sep, 2015 12:00am
Australian shares post biggest drop in three weeks

Australian shares post biggest drop in three weeks

Australian shares fell the most in over three weeks slipping 2.4 percent on Thursday as data from China aggravated fears of deflation in the world's second biggest economy. In a complete turnaround from Wednesday, the S&P/ASX 200 index shed 125.13 points
Published 11 Sep, 2015 12:00am
Most Southeast Asian stocks lower

Most Southeast Asian stocks lower

Most Southeast Asian stock markets tracked Asian markets lower on Thursday led by Singapore ahead of a polling day holiday, but stocks in Malaysia recouped early losses following upbeat July industrial production data. Singapore's key Straits Times Index
Published 11 Sep, 2015 12:00am
FTSE falls as sterling strengthens after BoE minutes

FTSE falls as sterling strengthens after BoE minutes

Britain's FTSE 100 index fell on Thursday, extending its early losses as sterling strengthened after the Bank of England sounded less concerned than expected about the domestic impact of the turmoil in global markets. The central bank's policymakers voted
Published 11 Sep, 2015 12:00am
Yuan jumps offshore in suspected intervention
Currency

Yuan jumps offshore in suspected intervention

China's yuan shot higher in offshore markets on Thursday on suspected rare intervention by Chinese state banks that was seen as a bold gesture by authorities to shake out speculators betting against the currency. The intervention caught the market wrong-f
Published 11 Sep, 2015 12:00am
Dollar tumbles, yen down in Asia

Dollar tumbles, yen down in Asia

The New Zealand dollar tumbled on Thursday after the country's central bank cut interest rates and flagged potential risks to the economy from China, while the yen sagged amid a renewed focus on the possibility of more Bank of Japan easing. The kiwi slid
Published 11 Sep, 2015 12:00am
Kiwi recovers in Europe as offshore yuan jumps
Currency

Kiwi recovers in Europe as offshore yuan jumps

New Zealand's dollar regained some ground after losing more than 2 percent earlier on Thursday, as China's yuan shot up in offshore markets on suspected state bank intervention, whetting investor appetite for risk. The yen slipped after comments by a Japa
Published 11 Sep, 2015 12:00am
Early trade in New York: dollar softens on stocks slump, mixed US data

Early trade in New York: dollar softens on stocks slump, mixed US data

The dollar softened on Thursday as global stock markets turned down and economic data sent contrary signals about whether the US Federal Reserve would raise US interest rates as early as next week. European stocks broke a three-day run of gains with a dro
Published 11 Sep, 2015 12:00am
Dollar gains in New York
Currency

Dollar gains in New York

The dollar rose on Wednesday, riding a global equities rally that helped reassure investors along with signs that governments in China and Japan were readying fresh economic stimulus. The stocks rally, which pivoted on Wall Street to steep losses in late
Published 11 Sep, 2015 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 77.80-77.81 (previous 77.80-77.80). Call Money Rates: 05.30-6.50 percent (Previous 05.25-06.50 percent).
Published 11 Sep, 2015 12:00am
Asian forex: rupiah, ringgit plumb 17-year lows
Currency

Asian forex: rupiah, ringgit plumb 17-year lows

Most emerging Asian currencies slid on Thursday as mounting fears of a global economic slump dampened risk appetite, while expectations of an imminent US interest rate hike dim the appeal of the region's higher yields. China's manufacturers reduced prices
Published 11 Sep, 2015 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Thursday, near a record low hit last week and falling for the fifth straight session, as demand for dollars by importers and sale of government securities by foreign funds weighed, dealers said. The rupee is expected t
Published 11 Sep, 2015 12:00am
Sterling at two-week high

Sterling at two-week high

Sterling hit a two-week high against the dollar on Thursday after details from the Bank of England's latest policy meeting appeared to show policymakers were less concerned about the domestic impact of turmoil in global markets. Many investors had expecte
Published 11 Sep, 2015 12:00am
New Zealand dollar tumbles, Aussie down
Currency

New Zealand dollar tumbles, Aussie down

The New Zealand dollar tumbled on Thursday after the Reserve Bank of New Zealand (RBNZ) cut interest rates and flagged further easing, dragging its Australian counterpart lower. The kiwi dropped around 2 percent to $0.6278, pulling closer to a six-year tr
Published 11 Sep, 2015 12:00am
Halep, Pennetta advance to US Open semi-finals

Halep, Pennetta advance to US Open semi-finals

Romanian second seed Simona Halep and Italy's Flavia Pennetta advanced to a US Open semi-final matchup by ousting two-time Grand Slam champions Victoria Azarenka and Petra Kvitova on Wednesday. And now the only obstacles to Serena Williams completing a ca
Published 11 Sep, 2015 12:00am
PSL to help youngsters get required exposure, says Waqar Younis

PSL to help youngsters get required exposure, says Waqar Younis

Coach national cricket team Waqar Younis has said that Pakistan Super League (PSL) is a great opportunity to give exposure to our young players in a big arena. Talking to private news channel, Waqar said cricket board should try to bring in the big names
Published 11 Sep, 2015 12:00am
Majestic Federer to face Wawrinka in US Open semi-finals

Majestic Federer to face Wawrinka in US Open semi-finals

Five-time champion Roger Federer put on a tennis masterclass on Wednesday, routing Richard Gasquet to reach his 10th US Open semi-final, where he will face close friend Stan Wawrinka. The 34-year-old, bidding to become the oldest champion in New York in 4
Published 11 Sep, 2015 12:00am
ICC's digital initiatives continue to scale new heights

ICC's digital initiatives continue to scale new heights

The International Cricket Council (ICC) Thursday announced strong growth in digital consumption following successful ICC World Twenty20 Qualifier 2015 held in July across Ireland and Scotland. "There was unparalleled coverage for the event on ICC digital
Published 11 Sep, 2015 12:00am
Police apologise to ex-player Blake over detention

Police apologise to ex-player Blake over detention

New York Police Department commissioner William Bratton apologized Thursday to former tennis star James Blake for an officer's rough actions in detaining him in a case of mistaken identity. Blake, who is biracial, said he was slammed to the ground and han
Published 11 Sep, 2015 12:00am
South Africa pick three spinners for India

South Africa pick three spinners for India

Cricket South Africa on Thursday named three specialist spin bowlers in their squad to play four Test matches in India in November and December. Simon Harmer, who played in a recent series in Bangladesh, will be joined by fellow off-spinner Dane Piedt and
Published 11 Sep, 2015 12:00am
Matildas' US tour cancelled in pay dispute

Matildas' US tour cancelled in pay dispute

A US tour by the "Matildas", Australia's national women's team, has been called off, the FFA announced Thursday, blaming the players' union in an acrimonious pay dispute. Football Federation Australia said in a statement that "the Matildas interests have
Published 11 Sep, 2015 12:00am
Thailand bombing suspect travelled to Bangladesh

Thailand bombing suspect travelled to Bangladesh

A key suspect wanted over the bombing of a Bangkok shrine that left 20 people dead flew to Dhaka a day before the blast before travelling on to China, Bangladesh police said Thursday. "We got a message from Thai police that Bangkok blast suspect Abudurehe
Published 11 Sep, 2015 12:00am
Four more militants killed in Tajikistan violence

Four more militants killed in Tajikistan violence

Tajikistan said Thursday that four more militants had been killed by government forces as authorities pressed ahead with attempts to contain unrest in the volatile ex-Soviet state. The impoverished country bordering Afghanistan was plunged into a crisis l
Published 11 Sep, 2015 12:00am
Fossil first: ancient human relative may have buried its dead

Fossil first: ancient human relative may have buried its dead

Humanity's claim to uniqueness just suffered another setback: scientists reported on Thursday that a newly discovered ancient species related to humans also appeared to bury its dead. Fossils of the creature were unearthed in a deep cave near the famed si
Published 11 Sep, 2015 12:00am
Maldives accused of spying on Nasheed's foreign lawyers

Maldives accused of spying on Nasheed's foreign lawyers

Senior international lawyers defending jailed ex-president Mohamed Nasheed Thursday accused Maldivian authorities of spying on them in breach of client confidentiality. Washington-based Jared Genser told reporters in the capital Male that the room where h
Published 11 Sep, 2015 12:00am
Saudi-led air raids hit bases, Houthi leaders' houses

Saudi-led air raids hit bases, Houthi leaders' houses

War planes from a Saudi-led military alliance bombed Yemen's capital Sanaa on Thursday, in what witnesses described as the fiercest attacks on the city in over five months of war. The air strikes hit houses of political leaders in the Iran-allied Houthi m
Published 11 Sep, 2015 12:00am
Jihadists put squeeze on Assad as Russia defends aid

Jihadists put squeeze on Assad as Russia defends aid

Jihadists advanced on a regime airbase in eastern Syria on Thursday after the fall of a northern military airport, as Russia defended its military aid to embattled President Bashar al-Assad. The regime's most powerful ally dismissed criticism of its inter
Published 11 Sep, 2015 12:00am
Britain announces record terror arrests

Britain announces record terror arrests

British police made a record 299 terror arrests over the last 12 months, overtaking the previous highest level in the year of the London bombings in 2005. In the year to March, 299 people were detained for terrorism-related offences, an increase of 31 per
Published 11 Sep, 2015 12:00am
Malaysian cargo ship broke down, not hijacked

Malaysian cargo ship broke down, not hijacked

A Malaysian cargo ship that went missing and was feared hijacked had actually only experienced engine trouble and has been found with all its crew safe, the coast guard said Thursday. The owners of the Malaysian-registered MV Sah Lian had lost contact wit
Published 11 Sep, 2015 12:00am
Russia unveils two Stalin monuments in single day

Russia unveils two Stalin monuments in single day

The Russian Communist Party announced Thursday it had unveiled two monuments to Stalin in a single day, reflecting what it called his growing popularity with the public. Activists on Wednesday dedicated a full-length statue of the former Soviet dictator i
Published 11 Sep, 2015 12:00am
Nearly one in five Iraqi workers government-employed: PM

Nearly one in five Iraqi workers government-employed: PM

Nearly one in five Iraqi workers are employed by the government, Prime Minister Haider al-Abadi said Thursday, as he attempts to reform the country's bloated and often-corrupt civil service. "We have a state with more than four million employees," Abadi s
Published 11 Sep, 2015 12:00am
Floods spark evacuations as Japan is deluged

Floods spark evacuations as Japan is deluged

Tens of thousands of people were ordered to flee homes across Japan on Thursday as heavy rain pounded the country, sending radiation-tainted waters into the ocean at the crippled Fukushima nuclear plant. Waist-high floods in some areas left rescuers scram
Published 11 Sep, 2015 12:00am
Turkey blocks pro-Kurdish MPs from curfew city

Turkey blocks pro-Kurdish MPs from curfew city

Turkey on Thursday prevented a delegation of deputies from the main pro-Kurdish party from entering a south-eastern city that has been under army curfew for a week, as alarm mounted over a humanitarian crisis. Interior Minister Selami Altinok said the dep
Published 11 Sep, 2015 12:00am
President summons Senate session on September 14

President summons Senate session on September 14

President Mamnoon Hussain on Thursday summoned the Senate session on September 14. The session has been summoned following the Presidential approval of the Prime Minister's advice on a summary initiated by the Ministry of Parliamentary Affairs, said a Pre
Published 11 Sep, 2015 12:00am
Prime Minister may announce package for 'upset' exporters today

Prime Minister may announce package for 'upset' exporters today

Prime Minister Nawaz Sharif is likely to announce an incentives package for "upset" exporters at a meeting with the representatives of FPCCI and exporters associations on Friday (today). "Prime Minister is expected to announce payment of refunds to export
Published 11 Sep, 2015 12:00am
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