Milos Raonic became the first major casualty of the US Open when American qualifier Ryan Harrison shocked the Canadian fifth seed 6-7(4) 7-5 7-5 6-1 on Wednesday to reach the third round of the year's final grand slam. Raonic, who last month became the fi
Sebastian Vettel apologised to Ferrari team-mate Kimi Raikkonen for their first corner collision at last Sunday's Belgian Grand Prix and played down talk of a simmering row with Dutch teenager Max Verstappen. Speaking at Thursday's news conference ahead o
A formal investigation found no evidence of bribery by Japanese officials on Thursday after probing a $2 million payment made during Tokyo's successful bid to host the 2020 Olympics. French prosecutors said in May that they were investigating the 2.8 mill
FIFA president Gianni Infantino's salary has been fixed at 1.5 million Swiss francs a year (1.38 million euros, $1.5 million), world football's governing body revealed on Wednesday. That figure is less than a quarter of the salary commanded by Infantino's
Pakistan captain Azhar Ali led from the front with 80 but his side were still held to 247 for eight by England in the fourth one-day international at Headingley on Thursday. When Azhar was out, Pakistan - already 3-0 down in the five-match series - were 1
Pakistan Rugby Union (PRU) Thursday announced Servis Tyres 15 side Rugby League schedule, starting from 4th September and culminating on February 2017. Top 15 teams from all over Pakistan will feature in this League during which 31 matches will played in
Briton Holly Bradshaw on Thursday won the women's pole vault at the Zurich Diamond League, held a day ahead of the main meet in the Swiss city's central train station. As commuters hurried home on a balmy evening, Bradshaw, who up until last year competed
Pakistan Thursday announced a 13-man squad for the only Twenty20 against England to be played at Old Trafford on Wednesday. Sarfaz Ahmed will lead the team, while former captain Shahid Afridi has not been included as Pakistan looks to bring in flesh blood
Bayern Munich goalkeeper Manuel Neuer was on Thursday named as the new captain of world champions Germany following Bastian Schweinsteiger's international retirement. "For me it is a great honour," said Neuer after the German Football Association (DFB) an
Australian skipper David Warner criticised preparation of Sri Lanka's pitches following his side's series-clinching one-day international victory against the hosts, saying his batsmen were being prevented from scoring big totals. Warner lauded his team-ma
Cuban discus thrower Yarelys Barrios has been stripped of her Olympic silver medal from the 2008 Beijing Games after failing a retroactive drug test, the International Olympic Committee (IOC) said on Thursday. Barrios, 33, and Qatari track and field athle
The Australian and New Zealand dollars edged higher on Thursday as investors focussed on the positives in domestic economic data, though their longer-term direction remained at the mercy of a looming US jobs report. The Australian dollar crawled ahead to
Sterling gained more than 1 percent to trade above $1.33 for the first time in four weeks on Thursday, after data showed the British manufacturing sector staged one of its sharpest rebounds on record in August. The pound extended gains in afternoon trade
Asian currencies were mostly steady to lower against the dollar on Thursday, with the focus on whether this week's US jobs data will increase expectations for the Federal Reserve to raise interest rates soon. Losses were led by the South Korean won and th
China's yuan remains relatively stable despite recent fluctuations, Yi Gang, a deputy governor of the People's Bank of China (PBOC), said on Thursday. Yi told a news conference in Hangzhou that the yuan was less volatile than major reserve currencies afte
The Sri Lankan rupee ended firmer on Thursday as dollar sales by banks on behalf of foreign investors to buy government securities surpassed the importer dollar demand, dealers said. The spot rupee ended at 145.50/57 per dollar, a tad firmer from Wednesda
The US dollar fell from three-week highs against a basket of currencies on Wednesday after weak manufacturing data dented some optimism about US economic growth ahead of a highly anticipated jobs report on Friday. Hawkish comments by Federal Reserve Chair
The US dollar fell against a basket of currencies on Thursday after US manufacturing activity unexpectedly declined in August, casting new doubts on the strength of the US economy. The data overturned earlier dollar strength as investors wait on highly an
Sterling jumped 1 percent against the dollar and hit a one-month high against the euro on Thursday after data showing the British manufacturing sector staged one of its sharpest rebounds on record in August. The Markit/CIPS Purchasing Managers' Index (PMI
The dollar wavered against the yen and euro on Thursday, its advance stalling ahead of a closely-watched US non-farm jobs report on Friday which is expected to shape the market's near-term interest rate expectations. Earlier in the week, the US currency h
Britain's top share index fell on Thursday, as initial gains fizzled out following a jump in sterling sparked by data showing a recovery in UK manufacturing, while oil stocks also lost ground. Sterling gained more than 1 percent to trade above $1.33 for t
Southeast Asian stock markets fell on Thursday as investors adopted a wait-and-see approach ahead of the US jobs report that could provide clues about the timing of a rate hike by the Federal Reserve. US nonfarm payrolls data due on Friday remained the ke
Indian shares edged lower on Thursday, reversing recent gains as telecom stocks such as Bharti Airtel Ltd slumped after Reliance Industries Ltd said it would roll out a fourth-generation network with free voice calls and rock-bottom data prices. The broad
Taiwan stocks fell on Thursday, tracking declines in overseas markets, with selling led by heavyweights in the financial sector. Shares in Mega Financial Holding Co Ltd, which closed down for nine in 10 trading sessions, slipped 1.9 percent early in the t
European shares closed flat on Thursday, weighed down by pharma and oil stocks, while banks extended a recent rally which was fuelled by expectations of monetary tightening in the United States. The pan-European STOXX 600 ended 0.04 percent higher, giving
Australian shares fell on Thursday as a flood of economic data from home and abroad made investors wary of riskier assets, and as traders awaited US job data on Friday for possible clues on the chances of an interest rate hike in coming months. The S&P/AS
Yields on benchmark US 10-year Treasury notes were little moved on Wednesday but notched their largest monthly gain in more than a year as strong US data and limited volatility reduced the appetite for safe-haven US government debt. Yields on benchmark no
Yields on benchmark US 10-year Treasury notes were little moved on Wednesday but notched their largest monthly gain in more than a year as strong US data and limited volatility reduced the appetite for safe-haven US government debt. Yields on benchmark no
Hong Kong shares rose on Thursday and the main index finished at the highest level in more than a year, helped by capital inflows from the mainland. The Hang Seng index rose 0.8 percent to 23,162.34 points, the highest since August 19, 2015. The China Ent
Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the benchmark index since February. The Nasdaq gained 1 percent in August and the S&P shed 0.1 pe
The S&P 500 and the Dow were slightly lower on Thursday, after sluggish monthly factory activity data dented optimism about the economy, even as investors count down to a crucial jobs report on Friday. The Nasdaq was higher, boosted by Charter Communicati
Tokyo stocks rose Thursday as a slide in the yen buoyed exporters including Toyota and Nissan while banks also rallied ahead of a key US jobs report. The dollar traded at 103.35 yen, down from 103.43 yen in New York but still around one-month highs on inc
Sri Lankan shares rose marginally on Thursday in lean trade, recovering from a more than two-week closing low in the previous session, helped by foreign buying and gains in financials. The benchmark Colombo stock index rose 0.19 percent to close at 6,540.
Qatar's main stock index fell sharply for a second straight day on Thursday after FTSE published a list of stocks to be included in its secondary emerging market index, while Saudi Arabian petrochemical stocks sagged because of weak oil prices. Doha's ind
Manufacturers across Asia and Europe showed few signs of returning to health in August, as demand remained fitful at best, although British factories bucked the global trend, surveys showed on Thursday. Britain's manufacturing rebounded from the shock of
US factory activity contracted in August for the first time in six months as new orders and production tumbled, but a low level of layoffs continued to point to a pickup in economic growth in the third quarter. While manufacturing remains constrained by t
The US auto industry struggled to maintain past sales momentum in August, with General Motors, Ford and Nissan selling fewer vehicles as less discounting kept customers from showrooms. But the North American unit of Fiat Chrysler reported a three percent
Graduates applying for jobs in London's finance sector risk being overlooked if they wear brown shoes, a government-commissioned report into social mobility said Thursday. "Opaque" dress codes practised by those from more formal backgrounds are being used
Over the past two years, a growing number of US banks has capped their directors' earnings, but the ceilings are so high that they primarily serve to fend off potential shareholder litigation rather than control the pace of pay increases. Most of the caps
A European lobby group in China on Thursday slammed the country's "unequal investment landscape" and called for it to drop wide-scale prohibitions on foreign investment, warning future access to the EU could be at stake. The comments from the EU Chamber o
The European Union on Thursday cleared a mobile phone tie-up between Hong Kong's Hutchison and Russia's VimpelCom in Italy after they agreed to sell some of the business to boost competition. Hutchison, owned by Hong Kong tycoon Li Ka-shing, and VimpelCom
Australia's consumer watchdog Thursday launched court action against Volkswagen over a massive emissions cheating scandal, saying the German car giant had engaged in "extraordinary conduct" as it sought millions of dollars in fines. The troubled automaker
The head of the International Monetary Fund on Thursday called on global leaders to take "forceful" action to revive the world economy, sounding a stark warning ahead of this weekend's G20 summit. Christine Lagarde, the IMF managing director, said that as
Global regulators will reinforce their rules on banker pay next year to better deter misconduct and avoid more multi-billion dollar fines potentially destabilising banks. The Financial Stability Board (FSB), which co-ordinates regulation for the Group of
Strong exports and a recovering labour market propelled Slovenia's economy to growth of 2.7 percent in the second quarter, increasing chances that fallout from political events abroad will be kept in check. Year-on-year growth rose from 2.3 percent in the
Australia has successfully used historically low borrowing costs to spark a boom in home building that has helped shepherd the economy through the dog days of a global mining downturn. Yet the rush of new homes has also compressed rental yields to record
Brexit uncertainty will more than halve Ryanair's UK growth, Europe's largest airline said Wednesday, as it urged Britain to prove it was open for business post-Brexit by building three new London runways. Michael O'Leary, the Irish low-fares carrier's ch
In line with the global bearish sentiment and also due to regular arrivals of seed cotton into the domestic ginning factories, cotton prices are passing through a subdued phase. The prices of cotton have thus moved down in the US, China and India. Cotton
In line with the global bearish sentiment and also due to regular arrivals of seed cotton into the domestic ginning factories, cotton prices are passing through a subdued phase. The prices of cotton have thus moved down in the US, China and India. Cotton
The mills and spinners rushed to make fresh deals owing to persistent fall in rates on the cotton market on Thursday, dealers said. The official spot rate dropped further by Rs 50 to Rs 6,500, dealers said. In Sindh, seed cotton prices also came under pre
The Karachi Port handled 118,450 tonnes of cargo comprising 88,882 tonnes of import cargo and 29,568 tonnes of export cargo including 5,202 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday The total import cargo of 88,
Wheat futures on the Chicago Board of Trade fell on Tuesday for a seventh straight session as the market struggled to define a bottom after sliding to a 10-year low spot price, traders said. CBOT September wheat settled down 7-1/4 cents at $3.63-1/4 per b
Corn export premiums eased for immediate shipments at the US Gulf Coast on Tuesday, pressured by the advancing harvest in the southern United States that boosted available supplies, dealers said. Basis premiums for loadings in September declined by about
On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,061 million and the number of lots traded was 11,893. PMEX Commodity Index closed at 2,963. Major business was contributed by currencies through COTS PKR 2,159 million followed b
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
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
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (September 01, 2016).
Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (September 01, 2016).
Thursday, the first session of the new month, saw bears prevailing on Pakistan stocks market where KSE-100 index shed 71 points or 0.18 percent to close at 39,739 points. The equity analysts attribute the day's fall to a sharp decrease in international cr
Chief Justice of Sindh High Court (SHC) Sajjad Ali Shah on Thursday heard a case in which ruling Pakistan People's Party's officials including Faryal Talpur are accused of committing embezzlement of Rs 90 billion funds. In his remarks, also reported by <i
Newly-sworn-in mayor of Sukkur Barrister Arsalan vowed on Thursday that emergency should be declared in education sector which also needed more investment. "Without attaining highest literacy rate, Pakistanis cannot achieve the status of developed, modern
Sindh Minister for Transport Syed Nasir Hussain Shah said that the operation of inter-city busses would soon be started as the provincial government has invited proposals from concerned quarters for launching of effective public transport system. This he
Ashraf Mehmood Wathra, the Governor of State Bank of Pakistan (SBP), has said that Pakistan's economy supported by improved security and energy situation is performing well. The Governor SBP along with his economic team comprising Dr Saeed Ahmed, chief ec
Ashraf Mehmood Wathra, the Governor of State Bank of Pakistan (SBP), has said that Pakistan's economy supported by improved security and energy situation is performing well. The Governor SBP along with his economic team comprising Dr Saeed Ahmed, chief ec
Ashraf Mehmood Wathra, the Governor of State Bank of Pakistan (SBP), has said that Pakistan''s economy supported by improved security and energy situation is performing well. The Governor SBP along with his economic team comprising Dr Saeed Ahmed, chief e
Ashraf Mehmood Wathra, the Governor of State Bank of Pakistan (SBP), has said that Pakistan''''s economy supported by improved security and energy situation is performing well. The Governor SBP along with his economic team comprising Dr Saeed Ahmed, chief
Ashraf Mehmood Wathra, the Governor of State Bank of Pakistan (SBP), has said that Pakistan''''''''s economy supported by improved security and energy situation is performing well. The Governor SBP along with his economic team comprising Dr Saeed Ahmed, c
Sharp recovery was seen in the value of the rupee versus the dollar on the money market on Thursday, dealers said. The rupee maintained rising trend against the dollar, picking up 10 paisas against the dollar for buying and selling at Rs 104.69 and 104.71
Pakistan's military on Thursday said it has halted Islamic State's attempts to expand there, arresting more than 300 people, including some Syrians, who were involved in plotting attacks on government, diplomatic and civilian targets. The comments were ra
Pakistan's military on Thursday said it has halted Islamic State's attempts to expand there, arresting more than 300 people, including some Syrians, who were involved in plotting attacks on government, diplomatic and civilian targets. The comments were ra
Chief of the Army Staff General Raheel Sharif Thursday said the Pakistan Army would go to any extent for ensuring the security of Pakistan. He said, "I can say with complete faith that we are moving in the right direction. We will leave no stone unturned
Chief of the Army Staff General Raheel Sharif Thursday said the Pakistan Army would go to any extent for ensuring the security of Pakistan. He said, "I can say with complete faith that we are moving in the right direction. We will leave no stone unturned
Thursday, the first session of the new month, saw bears prevailing on Pakistan stocks market where KSE-100 index shed 71 points or 0.18 percent to close at 39,739 points. The equity analysts attribute the day's fall to a sharp decrease in international cr