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Print - 2016-08-14
Helicopter crew back home safe

Helicopter crew back home safe

Afghan Taliban have released six crew members, including a Russian, of a Pakistani helicopter that crashed-landed in Afghanistan's Logar province and arrived here on Saturday. According to Foreign Office spokesperson Nafees Zakaria, the six-member crew of
Published 14 Aug, 2016 12:00am
70th Independence Day today

70th Independence Day today

The Pakistani nation is celebrating the 70th Independence Day today with enthusiasm and renewed pledge to safeguard the country against any threat as well as re-dedication towards nation building as per the vision of the founding father Quaid-e-Azam Muham
Published 14 Aug, 2016 12:00am
70th Independence Day today

70th Independence Day today

The Pakistani nation is celebrating the 70th Independence Day today with enthusiasm and renewed pledge to safeguard the country against any threat as well as re-dedication towards nation building as per the vision of the founding father Quaid-e-Azam Muham
Published 14 Aug, 2016 12:00am
Nawaz destroying state institutions to save his skin: Imran

Nawaz destroying state institutions to save his skin: Imran

Accusing Prime Minister Nawaz Sharif of destroying all state institutions to save his skin, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday claimed that the government is now busy to convince Chief of Army Staff (CoAS) General Raheel Sharif t
Published 14 Aug, 2016 12:00am
Nawaz destroying state institutions to save his skin: Imran

Nawaz destroying state institutions to save his skin: Imran

Accusing Prime Minister Nawaz Sharif of destroying all state institutions to save his skin, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday claimed that the government is now busy to convince Chief of Army Staff (CoAS) General Raheel Sharif t
Published 14 Aug, 2016 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (July 4 to 29, 2016)

Published 14 Aug, 2016 12:00am
The Weather

The Weather

The weather report on Saturday (August 13, 2016) and the forecast for Sunday (August 14, 2016).

Published 14 Aug, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 12, 2016).

Published 14 Aug, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 12, 2016).

Published 14 Aug, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 13, 2016)

Published 14 Aug, 2016 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Declining trend continued on the open market on Saturday as the rupee fell modestly versus the dollar in the process of trading, dealers said. The rupee drifted lower in relation to the dollar, losing 10 paisas for buying and selling at Rs 106.20 and Rs 1
Published 14 Aug, 2016 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Declining trend continued on the open market on Saturday as the rupee fell modestly versus the dollar in the process of trading, dealers said. The rupee drifted lower in relation to the dollar, losing 10 paisas for buying and selling at Rs 106.20 and Rs 1
Published 14 Aug, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (August 13, 2016).

Published 14 Aug, 2016 12:00am
A peep into Wazir Mansion
Cotton

A peep into Wazir Mansion

The emergence of Pakistan in world's map is a story of long struggle of 95 million South East Muslims under the charismatic leadership of Mohammad Ali Jinnah. The dynamic personality of Jinnah has significantly altered the course of the history. He was a
Published 14 Aug, 2016 12:00am
The why and wherefore of Pakistan

The why and wherefore of Pakistan

Pakistan is celebrating her 69th birth anniversary amidst great internal political unrest and external threats that are out to destabilize the country's government. The Nation is enjoying a closed holiday and all the Mission abroad are also celebrating th
Published 14 Aug, 2016 12:00am
Fauji Fertilizer Company Limited

Fauji Fertilizer Company Limited

14th August is a reminder of the valiant struggle embarked on by the Muslims of the sub-continent for a home where they could live their lives with freedom and dignity and in harmony with their religious and cultural values. Our forefathers underwent a ri
Published 14 Aug, 2016 12:00am
Message from Chief of the Air Staff Pakistan Air Force

Message from Chief of the Air Staff Pakistan Air Force

On the momentous occasion of the Independence Day of Pakistan, I extend warm greetings to all countrymen and women. This day signifies an epoch-making moment in our history that reminds us of the determined struggle and supreme sacrifices of our forefathe
Published 14 Aug, 2016 12:00am
Why Pakistan resembles a 69-year-old man?

Why Pakistan resembles a 69-year-old man?

For the Pakistanis, August 14 is the day to remember those thousands of Indian Muslims who, after partitioning of the Indian sub-continent, were martyred while migrating to Pakistan - the country where they wanted their future generations to live their li
Published 14 Aug, 2016 12:00am
The fates of country, democracy seem somehow entwined

The fates of country, democracy seem somehow entwined

All said and done, Pakistan's future depends upon the establishment of a democratic dispensation and the anointing of the democratic ethos and temper. For one thing, from day one, Pakistan has been committed to democracy. Democracy has, of course, been la
Published 14 Aug, 2016 12:00am
DUTY OF THE GOVERNMENT

DUTY OF THE GOVERNMENT

You will no doubt agree with me that the first duty of a government is to maintain law and order, so that the life, property, and religious beliefs of its subjects are fully protected by the State. ...if we want to make this great State of Pakistan happy
Published 14 Aug, 2016 12:00am
US natural gas futures ease to nine-week low

US natural gas futures ease to nine-week low

US natural gas futures on Thursday edged lower to a fresh nine-week low on a slightly bigger-than-expected storage build and forecasts for less-hot weather over the next two weeks. The US Energy Information Administration said utilities added 29 billion c
Published 14 Aug, 2016 12:00am
US FOB Gulf corn offers mostly lower

US FOB Gulf corn offers mostly lower

Corn export premiums for shipments from the US Gulf Coast were mostly lower on Thursday, sinking in tandem with weaker CIF barge basis values as ample spot grain supplies and forecasts for a massive harvest pressured prices, traders said. Heavy rain this
Published 14 Aug, 2016 12:00am
Asian rice export prices fall on soft demand

Asian rice export prices fall on soft demand

Asian rice export prices dropped this week on soft demand among African buyers and rising supply, despite the Philippines' plan for a fresh purchase this quarter, traders said on Wednesday. The Philippines, one of the world's biggest rice importers, plans
Published 14 Aug, 2016 12:00am
Indian gold demand to rise in H2 of 2016

Indian gold demand to rise in H2 of 2016

India's gold demand may rise in the second half of 2016 after falling to the lowest in seven years in the first half as beneficial monsoon rains will spur rural demand during the peak festive season, the World Gold Council said.
Published 14 Aug, 2016 12:00am
China's new subsidies for corn growers to support output

China's new subsidies for corn growers to support output

China's new subsidies for corn growers in the northern grain belt will encourage farmers to keep growing the grain, an official think-tank said on Wednesday, potentially threatening an attempt to bring output more in line with market demand.
Published 14 Aug, 2016 12:00am
Cotton market: trade activity slows down due to low quality
Cotton

Cotton market: trade activity slows down due to low quality

Falling trend persisted on the cotton market on Saturday due to limited buying by spinners and mills, dealers said. The official spot rate was unchanged at Rs 6,600, dealers said. In Sindh and Punjab, seed cotton prices were inert at Rs 2900-3200, as per
Published 14 Aug, 2016 12:00am
CBOT wheat futures lower on technical selling

CBOT wheat futures lower on technical selling

Wheat futures on the Chicago Board of Trade fell on Thursday on technical selling, with additional pressure from lackluster demand for soft red winter wheat, the type traded in Chicago, traders said. CBOT September wheat settled down 5-1/2 cents at $4.16-
Published 14 Aug, 2016 12:00am
Freight rates for large capesize dry cargo to stay largely flat

Freight rates for large capesize dry cargo to stay largely flat

Freight rates for large capesize dry cargo ships on key Asian routes should stay largely unchanged next week on static cargo volumes though shipowners remain confident about prospects in the fourth quarter, ship brokers said. "I feel it's another boring w
Published 14 Aug, 2016 12:00am
European vegoils: palm oil prices lower

European vegoils: palm oil prices lower

Palm oil prices were lower on Europe on Thursday, losing some ground after a strong advance earlier in the week, as other vegetable oil markets also weakened. Crude palm oil offers were cut by $5 to $15 a tonne but remained around $25 to $40 above asking
Published 14 Aug, 2016 12:00am
Brazil's July green coffee exports tumble 37 percent

Brazil's July green coffee exports tumble 37 percent

Exports of green Brazilian coffee in July fell 37 percent from a year ago to 1.61 million 60-kg bags, hurt by the slow entry of newly harvested beans onto the market and low stocks of the commodity, export association Cecafe said on Thursday. Arabica tree
Published 14 Aug, 2016 12:00am
Asian coffee trade slow on thin buying demand

Asian coffee trade slow on thin buying demand

Trading on Asia's robusta coffee market has been slow in the past week due to lower stocks in producing nations, thin buying demand and a decline in global prices, traders said on Thursday. Declining stocks in Vietnam, the world's biggest robusta producer
Published 14 Aug, 2016 12:00am
Brazil's soyabeans, corn sales seen to wind down
Currency

Brazil's soyabeans, corn sales seen to wind down

Sales of corn and soyabeans in Brazil are expected to wind down in the coming months as farmers retreat in the face of an appreciating local currency and lower grain prices in Chicago, according to market agents. Brazilian soyabean and corn exports are al
Published 14 Aug, 2016 12:00am
Euronext wheat futures rise slightly

Euronext wheat futures rise slightly

Euronext wheat futures rose slightly on Thursday, supported by the risk of further weather damage to the harvest in European Union countries. Prices were recovering from a near two-week low this week, with traders looking ahead to monthly crop forecasts f
Published 14 Aug, 2016 12:00am
China backs GMO soyabeans to push for high-tech agriculture
Cotton

China backs GMO soyabeans to push for high-tech agriculture

China will push for the commercialisation of genetically modified soyabeans over the next five years as it seeks to raise the efficiency of its agriculture sector, potentially boosting output of the crop by the world's top soya importer and consumer. Chin
Published 14 Aug, 2016 12:00am
Venezuela hikes minimum wage by 50 percent as inflation soars

Venezuela hikes minimum wage by 50 percent as inflation soars

Venezuelan President Nicolas Maduro on Friday announced a 50 percent minimum wage hike that takes effect on September 1, amid triple-digit inflation that has severely weakened spending power in the crisis-stricken Opec nation. Monthly minimum wage will ri
Published 14 Aug, 2016 12:00am
Big Three US automakers open negotiations with Canada union

Big Three US automakers open negotiations with Canada union

Difficult negotiations between Detroit's Big Three automakers and employees in Canada have opened with the workers' union taking a hard line over warnings the country's auto industry is under serious threat. Canadian plants have steadily lost jobs to Mexi
Published 14 Aug, 2016 12:00am
Zimbabwe civil servants salaries delayed again

Zimbabwe civil servants salaries delayed again

Zimbabwe's cash-strapped government will once again delay paying the salaries of civil servants for this month, state media reported Saturday, in a further sign of the worsening economic crisis. The delays are likely to spark further discontent among the
Published 14 Aug, 2016 12:00am
Egypt public prosecutor orders 13 arrested in wheat corruption case

Egypt public prosecutor orders 13 arrested in wheat corruption case

Egypt's public prosecutor has ordered the arrest of 13 people for 15 days pending an investigation into their role in a wheat procurement corruption scandal, judicial sources said on Saturday. Egypt, the world's largest wheat importer, has been mired in c
Published 14 Aug, 2016 12:00am
After IMF deal, Egypt's Sisi says will not hesitate on tough reforms

After IMF deal, Egypt's Sisi says will not hesitate on tough reforms

Egyptian President Abdel Fattah al-Sisi said on Saturday he was committed to pushing through the reforms necessary to turn the economy around and cut public debt, days after Egypt negotiated a $12 billion loan programme with the International Monetary Fun
Published 14 Aug, 2016 12:00am
Lufthansa and pilots union break off pay talks

Lufthansa and pilots union break off pay talks

Germany's Lufthansa and pilots' union Vereinigung Cockpit (VC) have broken off talks over pay and early retirement terms after months of negotiations, they said on Saturday. While progress had been made on many points, both sides were unable to reach agre
Published 14 Aug, 2016 12:00am
Boeing's KC-46 plan approved for production: US Air Force

Boeing's KC-46 plan approved for production: US Air Force

Boeing Co's KC-46A refuelling plane has been approved for production, with work underway for the first two low-rate initial production lots to be awarded in the next 30 days, the US Air Force said on Friday. "The KC-46 programme has made significant strid
Published 14 Aug, 2016 12:00am
Boeing's KC-46 plan approved for production: US Air Force

Boeing's KC-46 plan approved for production: US Air Force

Boeing Co's KC-46A refuelling plane has been approved for production, with work underway for the first two low-rate initial production lots to be awarded in the next 30 days, the US Air Force said on Friday. "The KC-46 programme has made significant strid
Published 14 Aug, 2016 12:00am
Hungary readies economic stimulus for autumn

Hungary readies economic stimulus for autumn

Hungary will present a package of stimulus measures in the autumn to lift economic growth above 3 percent in the years ahead, Economy Minister Mihaly Varga told a newspaper. Hungary's output rose by an annual 2.6 percent in the second quarter, above expec
Published 14 Aug, 2016 12:00am
China new yuan loans fall to 463.6 billion yuan

China new yuan loans fall to 463.6 billion yuan

Chinese banks extended 463.6 billion yuan ($69.78 billion) in new yuan loans in July, missing analyst forecasts and falling significantly from the previous month, amid wide debate over whether the central bank should cut interest rates this year. The cent
Published 14 Aug, 2016 12:00am
Malaysia's growth slips in Q2

Malaysia's growth slips in Q2

Malaysia's growth pace slid for the fifth straight quarter in April-June, and avoiding a further decline could depend on domestic demand staying resilient at a time that global demand for the country's commodities remains weak. The trade-dependent Southea
Published 14 Aug, 2016 12:00am
Wall Street banks ask Fed for 5 more years to comply with Volcker rule

Wall Street banks ask Fed for 5 more years to comply with Volcker rule

Big Wall Street banks are asking the US Federal Reserve to grant them an additional five-year grace period to comply with a financial reform regulation known as the Volcker rule, people familiar with the matter said. If the Fed agrees, the extension would
Published 14 Aug, 2016 12:00am
EU executive to soften roll out of bond market rules

EU executive to soften roll out of bond market rules

Stricter European Union rules for corporate bond markets will be phased in gradually to ensure they don't threaten funding for the economy, a senior EU official said on Tuesday in the latest sign of a more accommodative stance towards the financial sector
Published 14 Aug, 2016 12:00am
EU executive to soften roll out of bond market rules

EU executive to soften roll out of bond market rules

Stricter European Union rules for corporate bond markets will be phased in gradually to ensure they don't threaten funding for the economy, a senior EU official said on Tuesday in the latest sign of a more accommodative stance towards the financial sector
Published 14 Aug, 2016 12:00am
India stocks to march higher, scale record peak in 2017

India stocks to march higher, scale record peak in 2017

India's benchmark BSE Sensex index of leading shares will rise a further 5 percent by the end of this year, according to analysts polled by Reuters, driven by a stable growth outlook and on expectations the government will pass more economic reforms. The
Published 14 Aug, 2016 12:00am
Emerging markets in 'melt up', cash returns to global stocks

Emerging markets in 'melt up', cash returns to global stocks

Equity funds attracted $6.5 billion of inflows this week, the first inflows into global stocks in a month, as investors returned to US markets and continued to pile into emerging assets, Bank of America Merrill Lynch (BAML) said on Friday. Emerging debt f
Published 14 Aug, 2016 12:00am
Emerging markets in 'melt up', cash returns to global stocks

Emerging markets in 'melt up', cash returns to global stocks

Equity funds attracted $6.5 billion of inflows this week, the first inflows into global stocks in a month, as investors returned to US markets and continued to pile into emerging assets, Bank of America Merrill Lynch (BAML) said on Friday. Emerging debt f
Published 14 Aug, 2016 12:00am
Japanese investors buy record amount of foreign bonds in July

Japanese investors buy record amount of foreign bonds in July

Japanese investors bought a record amount of foreign bonds in July, purchasing over $49 billion, data released on Monday showed, as Japan's negative interest rates prompted them to look abroad for returns. Last month, Japanese investors bought a net 5.45
Published 14 Aug, 2016 12:00am
Japanese investors buy record amount of foreign bonds in July

Japanese investors buy record amount of foreign bonds in July

Japanese investors bought a record amount of foreign bonds in July, purchasing over $49 billion, data released on Monday showed, as Japan's negative interest rates prompted them to look abroad for returns. Last month, Japanese investors bought a net 5.45
Published 14 Aug, 2016 12:00am
TSX ends down as broad retreat offsets energy gain

TSX ends down as broad retreat offsets energy gain

Canada's main stock index slipped on Friday, weighed by broad losses among financial, consumer, industrial and materials stocks, which offset gains for energy companies as oil prices rose. The Toronto Stock Exchange's S&P/TSX composite index ended down 48
Published 14 Aug, 2016 12:00am
Formerly laggard US stocks poised to keep leading in 2016

Formerly laggard US stocks poised to keep leading in 2016

Gains for equities in 2016 have been buoyed by stocks that lagged during the bull market, a trend that analysts at Fundstrat say is likely to continue in the back half of the year as they have not come close to recouping their underperformance. In a recen
Published 14 Aug, 2016 12:00am
US companies slowing stock buybacks

US companies slowing stock buybacks

Corporate America is curbing its appetite for its own stock, a potentially foreboding sign for the stock market, according to TrimTabs Investment Research on Monday. US companies have announced $291.7 billion worth of buybacks so far this year, about one
Published 14 Aug, 2016 12:00am
Nasdaq Dubai to open equities futures market

Nasdaq Dubai to open equities futures market

The Nasdaq Dubai exchange will open an equity futures market next month to trade single-stock futures on the shares of some of the United Arab Emirates' biggest companies, the bourse's chief executive said on Monday. The introduction of stock futures coul
Published 14 Aug, 2016 12:00am
Platinum to shut main hedge fund

Platinum to shut main hedge fund

US hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union. New York-based Platinum
Published 14 Aug, 2016 12:00am
Platinum to shut main hedge fund

Platinum to shut main hedge fund

US hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union. New York-based Platinum
Published 14 Aug, 2016 12:00am
Benchmark Treasury yields fall to near two-week low
Currency

Benchmark Treasury yields fall to near two-week low

Benchmark US Treasury yields fell to their lowest level in nearly two weeks on Friday after weaker-than-expected readings on US retail sales and producer prices suggested US inflation could be slowing, cutting expectations for the Federal Reserve to raise
Published 14 Aug, 2016 12:00am
Benchmark Treasury yields fall to near two-week low
Currency

Benchmark Treasury yields fall to near two-week low

Benchmark US Treasury yields fell to their lowest level in nearly two weeks on Friday after weaker-than-expected readings on US retail sales and producer prices suggested US inflation could be slowing, cutting expectations for the Federal Reserve to raise
Published 14 Aug, 2016 12:00am
Wall Street ends little changed though Nasdaq hits record high

Wall Street ends little changed though Nasdaq hits record high

The Dow and S&P 500 eased from record highs on Friday as tepid data dampened investor confidence in the economy's expansion, while the Nasdaq inched up to a second straight record high close. Among the S&P 500's biggest drags was Dow Chemical, which fell
Published 14 Aug, 2016 12:00am
Saudi central bank reiterates commitment to riyal's dollar peg
Currency

Saudi central bank reiterates commitment to riyal's dollar peg

Saudi Arabia's central bank governor Ahmed al-Kholifey reiterated on Friday that the kingdom was committed to keeping the riyal pegged to the US dollar and that it had "sufficient tools" to support its fixed exchange rate policy. After low oil prices push
Published 14 Aug, 2016 12:00am
Canadian dollar strengthens to four-week high
Currency

Canadian dollar strengthens to four-week high

The Canadian dollar strengthened to a four-week high against its US counterpart on Friday, as oil rallied and weaker-than-expected US data weighed on the greenback. The Canadian currency ended the week 1.5 percent higher. The currency had been hit on Augu
Published 14 Aug, 2016 12:00am
Dollar longs slide, sterling shorts hit record-high

Dollar longs slide, sterling shorts hit record-high

Speculators reduced favourable bets on the US dollar for a second straight week, as investors remained skeptical about whether the Federal Reserve would raise rates this year despite a strong US non-farm payrolls report last month. The value of the dollar
Published 14 Aug, 2016 12:00am
Dollar dips as retail sales data stokes growth concerns
Currency

Dollar dips as retail sales data stokes growth concerns

The US dollar weakened on Friday after US retail sales were unexpectedly flat in July, while producer prices also fell in the same month, contrary to expectations, raising concerns about the strength of third-quarter economic growth. Economists had foreca
Published 14 Aug, 2016 12:00am
Morocco considering widening currency bands for dirham
Currency

Morocco considering widening currency bands for dirham

Morocco is considering widening the official bands for fluctuation of the dirham by around 5 percent in 2017, as a first phase in plans to introduce a flexible exchange rate system, two sources familiar with the process said. Morocco has been working with
Published 14 Aug, 2016 12:00am
Philippine approves more measures to ease forex rules
Currency

Philippine approves more measures to ease forex rules

The Philippine central bank announced on Friday a further easing of foreign exchange rules to make regulations more responsive to the needs of the economy and transactions within the local banking system easier for individuals and businesses. The policy-m
Published 14 Aug, 2016 12:00am
Egypt closes 48 forex bureaus in black market crackdown
Currency

Egypt closes 48 forex bureaus in black market crackdown

Egypt's central bank has closed 48 foreign exchange bureaus since the start of the year for trading at black market rates and other violations, banking sources said on Wednesday, as the country tries to end speculation against the Egyptian pound. Egypt ha
Published 14 Aug, 2016 12:00am
China set to choose yuan clearing bank for UAE by end of year
Currency

China set to choose yuan clearing bank for UAE by end of year

China's central bank is expected to pick a Chinese lender to clear yuan transactions in the United Arab Emirates by the end of the year, which would strengthen the growing economic ties between China and the Middle East, a Chinese banking executive said.
Published 14 Aug, 2016 12:00am
Hull stun champions Leicester

Hull stun champions Leicester

Leicester's Premier League title defence got off to an embarrassing start as the champions crashed to 2-1 defeat at troubled Hull in the season opener on Saturday. Just three months after their astonishing title triumph, Claudio Ranieri's side were brough
Published 14 Aug, 2016 12:00am
India strike early blows after declaration

India strike early blows after declaration

India's bowlers made early breakthroughs to have the West Indies reeling at 53 for three after being set the unlikely victory target of 346 at lunch on the final day of the third Test in St Lucia on Saturday. West Indies fast-medium bowler Miguel Cummins
Published 14 Aug, 2016 12:00am
Germany rout ends Portugal's perfect 2016

Germany rout ends Portugal's perfect 2016

Arsenal's Serge Gnabry became the Olympics' top scorer as Germany ended Portugal's hopes of adding gold to a glorious 2016 with a 4-0 thrashing to reach the Rio 2016 semi-finals on Saturday. Victory takes Germany one step closer to a mouthwatering rematch
Published 14 Aug, 2016 12:00am
Murray shrugs off 'stupid' row to reach Rio final

Murray shrugs off 'stupid' row to reach Rio final

Andy Murray shrugged off a code violation for directing the word "stupid" at the umpire to crush Kei Nishikori 6-1, 6-4 and move one win away from becoming the first player to win back-to-back Olympic singles titles. The world number two and reigning Wimb
Published 14 Aug, 2016 12:00am
De Silva steers Sri Lanka revival

De Silva steers Sri Lanka revival

Dhananjaya de Silva scored his maiden Test century Saturday to steer Sri Lanka's revival from a precarious position to 214 for five at stumps against Australia on first day of the final Test in Colombo. De Silva and Dinesh Chandimal put together an unbeat
Published 14 Aug, 2016 12:00am
Bangladesh lifts Ashraful ban from domestic cricket

Bangladesh lifts Ashraful ban from domestic cricket

Bangladesh's cricket authorities Saturday partially lifted the ban on former captain Mohammad Ashraful, allowing him to play in selected domestic competitions, officials said. Ashraful was initially banned for eight years in 2014 after he tearfully confes
Published 14 Aug, 2016 12:00am
Younis and Shah take Pakistan to brink of victory

Younis and Shah take Pakistan to brink of victory

Younis Khan's superb double century and three wickets from Yasir Shah left Pakistan eyeing a series-levelling win after they dominated the third day of the fourth Test against England at The Oval on Saturday. Younis's 218 was the centrepiece of Pakistan's
Published 14 Aug, 2016 12:00am
World record and gold for Iran's Rostami

World record and gold for Iran's Rostami

Kianoush Rostami broke his own world record to win gold in the men's 85kg weightlifting at the Rio Olympics on Friday and clinch Iran's first medal of the Games, before promising it would not be the last. Rostami, 25, a bronze medallist in the same catego
Published 14 Aug, 2016 12:00am
Only Russian athlete in Rio banned

Only Russian athlete in Rio banned

Athletics world body, the IAAF, has banned long jumper Darya Klishina, Russia's only athlete allowed to take part in the Rio Olympics, the Court of Arbitration said Saturday. Klishina made an immediate appeal to the court against the order, the tribunal s
Published 14 Aug, 2016 12:00am
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