AGL 38.00 Decreased By ▼ -0.25 (-0.65%)
AIRLINK 136.45 Decreased By ▼ -2.52 (-1.81%)
BOP 5.44 Decreased By ▼ -0.01 (-0.18%)
CNERGY 3.80 Increased By ▲ 0.01 (0.26%)
DCL 7.50 Decreased By ▼ -0.07 (-0.92%)
DFML 45.41 Decreased By ▼ -0.74 (-1.6%)
DGKC 78.52 Increased By ▲ 0.41 (0.52%)
FCCL 28.89 Decreased By ▼ -0.21 (-0.72%)
FFBL 57.00 Decreased By ▼ -0.10 (-0.18%)
FFL 9.27 Increased By ▲ 0.57 (6.55%)
HUBC 96.80 Decreased By ▼ -5.02 (-4.93%)
HUMNL 13.40 Decreased By ▼ -0.85 (-5.96%)
KEL 3.77 Decreased By ▼ -0.05 (-1.31%)
KOSM 7.28 Decreased By ▼ -0.12 (-1.62%)
MLCF 37.80 Decreased By ▼ -0.55 (-1.43%)
NBP 67.50 Decreased By ▼ -2.00 (-2.88%)
OGDC 167.52 Decreased By ▼ -2.50 (-1.47%)
PAEL 25.10 Decreased By ▼ -0.55 (-2.14%)
PIBTL 6.70 Increased By ▲ 0.10 (1.52%)
PPL 131.50 Decreased By ▼ -2.08 (-1.56%)
PRL 26.40 Increased By ▲ 1.40 (5.6%)
PTC 15.10 Decreased By ▼ -0.44 (-2.83%)
SEARL 62.25 Decreased By ▼ -1.58 (-2.48%)
TELE 7.00 Increased By ▲ 0.05 (0.72%)
TOMCL 36.23 Decreased By ▼ -0.75 (-2.03%)
TPLP 7.88 Increased By ▲ 0.18 (2.34%)
TREET 14.00 Increased By ▲ 0.04 (0.29%)
TRG 44.55 Decreased By ▼ -0.42 (-0.93%)
UNITY 25.85 Increased By ▲ 0.45 (1.77%)
WTL 1.22 No Change ▼ 0.00 (0%)
BR100 9,143 Decreased By -61.6 (-0.67%)
BR30 27,326 Decreased By -391.2 (-1.41%)
KSE100 85,585 Decreased By -620.2 (-0.72%)
KSE30 26,984 Decreased By -252.2 (-0.93%)
Oct 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-03-20
President signs 'Hindu Marriage Bill' into law

President signs 'Hindu Marriage Bill' into law

President Mamnoon Hussain on Sunday signed "The Hindu Marriage Bill 2017" into law, providing for the regulation of Hindu marriages in the country. The President signed the bill on advice of Prime Minister Muhammad Nawaz Sharif that had earlier been passe
Published 20 Mar, 2017 12:00am
Xi, Tillerson seek stronger ties

Xi, Tillerson seek stronger ties

Chinese President Xi Jinping and US Secretary of State Rex Tillerson pledged in talks Sunday to work to strengthen a relationship strained by disputes over North Korea and trade. Xi met Tillerson in Beijing just hours after nuclear-armed North Korea teste
Published 20 Mar, 2017 12:00am
Xi, Tillerson seek stronger ties

Xi, Tillerson seek stronger ties

Chinese President Xi Jinping and US Secretary of State Rex Tillerson pledged in talks Sunday to work to strengthen a relationship strained by disputes over North Korea and trade. Xi met Tillerson in Beijing just hours after nuclear-armed North Korea teste
Published 20 Mar, 2017 12:00am
Rs 5.6 billion power project approved by Dar

Rs 5.6 billion power project approved by Dar

Finance Minister Ishaq Dar has approved Rs 5.6 billion power sector project aimed at conversion of existing 220kV substations at Kala Shah Kaku, Ravi and Naseerabad Bund Road from air insulated to gas insulated. On a proposal of the Ministry of Planning,
Published 20 Mar, 2017 12:00am
Rs 5.6 billion power project approved by Dar

Rs 5.6 billion power project approved by Dar

Finance Minister Ishaq Dar has approved Rs 5.6 billion power sector project aimed at conversion of existing 220kV substations at Kala Shah Kaku, Ravi and Naseerabad Bund Road from air insulated to gas insulated. On a proposal of the Ministry of Planning,
Published 20 Mar, 2017 12:00am
Rs 5.6 billion power project approved by Dar

Rs 5.6 billion power project approved by Dar

Finance Minister Ishaq Dar has approved Rs 5.6 billion power sector project aimed at conversion of existing 220kV substations at Kala Shah Kaku, Ravi and Naseerabad Bund Road from air insulated to gas insulated. On a proposal of the Ministry of Planning,
Published 20 Mar, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee was firm against the dollar on the money market, during the week, ended on March 18, 2017. On the back of comfortable supply of dollar, the rupee managed to move in narrow band during the week, some experts said.
Published 20 Mar, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee was firm against the dollar on the money market, during the week, ended on March 18, 2017. On the back of comfortable supply of dollar, the rupee managed to move in narrow band during the week, some experts said.
Published 20 Mar, 2017 12:00am
Power sector: Data paints bleak picture

Power sector: Data paints bleak picture

Officially released data paints a bleak picture of performance of power sector during the last three years in marked contrast to the claims of the government''s top economic managers and policymakers. According to officially released data, a collection re
Published 20 Mar, 2017 12:00am
Power sector: Data paint bleak picture

Power sector: Data paint bleak picture

Officially released data paint a bleak picture of performance of power sector during the last three years in marked contrast to the claims of the government's top economic managers and policymakers. According to officially released data, a collection reco
Published 20 Mar, 2017 12:00am
Power sector: Data paint bleak picture

Power sector: Data paint bleak picture

Officially released data paint a bleak picture of performance of power sector during the last three years in marked contrast to the claims of the government's top economic managers and policymakers. According to officially released data, a collection reco
Published 20 Mar, 2017 12:00am
Six held for running Hundi business

Six held for running Hundi business

Six people involved in illegal Hundi business were arrested in Lahore, a private news channel reported on Sunday. Raid was conducted on their illegal money exchange office. Hundreds of millions of rupees were also recovered from their possession. They wer
Published 20 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (March 19, 2017) and the forecast for Monday (March 20, 2017).

Published 20 Mar, 2017 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 13 to 17, 2017).

Published 20 Mar, 2017 12:00am
SSUET awards degrees to over 1000 graduates

SSUET awards degrees to over 1000 graduates

Sir Syed University of Engineering and Technology (SSUET) on Sunday organised its 20th Convocation as more than 1000 students were conferred degrees of BS and MS programmes here.
Published 20 Mar, 2017 12:00am
Full dress rehearsal of Pakistan Day parade held

Full dress rehearsal of Pakistan Day parade held

Full dress rehearsal of Pakistan Day parade was held at Shakarparian Parade Ground in Islamabad on Sunday. The rehearsal was attended by all the three defence forces. Foot columns of Army, Navy, Pakistan Air Force, Frontier Corps, Northern Light Infantry,
Published 20 Mar, 2017 12:00am
Murad warns federal investigation agencies

Murad warns federal investigation agencies

The Chief Minister of Sindh Syed Murad Ali Shah has said that MPA Sharjeel Memon came back to Pakistan on Islamabad High Court's orders to appear before the court on March 20 and his arrest was quite surprising after the decision of Islamabad High Court.
Published 20 Mar, 2017 12:00am
A rapid fire round with Asad Umar

A rapid fire round with Asad Umar

Earlier this month, BR Research had a quick tête-à-tête with Asad Umar, the former Engro boss turned politician and current MNA with the Pakistan Tehreek-e-Insaf. What followed was a quick discussion on a host of topics ranging from CPEC, the impact of po
Published 20 Mar, 2017 12:00am
A rapid fire round with Asad Umar

A rapid fire round with Asad Umar

Earlier this month, BR Research had a quick tête-à-tête with Asad Umar, the former Engro boss turned politician and current MNA with the Pakistan Tehreek-e-Insaf. What followed was a quick discussion on a host of topics ranging from CPEC, the impact of po
Published 20 Mar, 2017 12:00am
Banking courts: appointment of judges

Banking courts: appointment of judges

Banking Courts III, and IV Karachi are vacant for long an no judge has been appointed so far. There are five banking courts functioning in Karachi where banks, development financial institutions, leasing companies, etc, are approached for filing of suits
Published 20 Mar, 2017 12:00am
Scots weigh economic uncertainty of independent future
Currency

Scots weigh economic uncertainty of independent future

The prospects for Scotland's economy after Brexit are at the heart of the battle between its pro-independence first minister and British Prime Minister Theresa May, who wants Britain to stay united as it leaves the EU.
Published 20 Mar, 2017 12:00am
India hunts hidden cash in corruption blitz

India hunts hidden cash in corruption blitz

Mansions owned by maids, gardeners and drivers until now have aroused little suspicion in India, where the wealthy have long hidden fortunes in the names of lowly-paid staff to avoid paying tax. But as the government broadens its crackdown on corruption,
Published 20 Mar, 2017 12:00am
Lesson must be learnt

Lesson must be learnt

Ishaq Dar, the Federal Finance Minister, has the easiest job in the cabinet so argue his detractors: not because the economy is doing particularly well but because he has the ear of the Prime Minister (to the exclusion of all others especially those with
Published 20 Mar, 2017 12:00am
The problem with exports
Currency

The problem with exports

Speaking at a press conference, the Federal Minister for Commerce Khurram Dastgir has acknowledged a decline in exports but added that growth in exports is also the responsibility of other stakeholders, including the Ministry of Finance and its associated
Published 20 Mar, 2017 12:00am
'A cup of poison hemlock'?

'A cup of poison hemlock'?

Pakistan People's Party (PPP) has described the agreement on military courts as 'a cup of poison hemlock'. Before something is said about the political parties' near-unanimous decision to reinstate military courts for another two years, it must be concede
Published 20 Mar, 2017 12:00am
Erdogan targets Merkel as German-Turkish tensions spiral

Erdogan targets Merkel as German-Turkish tensions spiral

Turkish President Recep Tayyip Erdogan on Sunday accused German Chancellor Angela Merkel of employing "Nazi" measures as new rows erupted between Ankara and Berlin over a pro-Kurdish rally and the July 15 coup attempt. Turkey and the European Union are lo
Published 20 Mar, 2017 12:00am
Rock 'n' roll father, Chuck Berry, dies

Rock 'n' roll father, Chuck Berry, dies

Chuck Berry, one of the creators of rock 'n' roll who helped shape modern youth culture with his dance-ready rhythms but who struggled to overcome institutional racism, died Saturday. He was 90.
Published 20 Mar, 2017 12:00am
Duterte says can't stop China developing shoal

Duterte says can't stop China developing shoal

Philippine President Rodrigo Duterte said Sunday he could not stop China from building on a disputed shoal near his country's west coast because it was too powerful.
Published 20 Mar, 2017 12:00am
Iraq premier visits US

Iraq premier visits US

Iraqi Prime Minister Haider al-Abadi left for Washington on Sunday to meet President Donald Trump as his forces press an assault to recapture west Mosul from the Islamic State jihadist group. The premier's office said Abadi would also meet Vice President
Published 20 Mar, 2017 12:00am
Fierce fighting on outskirts of Mosul Old City

Fierce fighting on outskirts of Mosul Old City

Iraqi forces backed by helicopter strikes engaged in heavy fighting with jihadists on the outskirts of the Old City on Sunday as they pressed their offensive to recapture west Mosul. The elite Rapid Response Force and Iraqi federal police attacked the Isl
Published 20 Mar, 2017 12:00am
Pulitzer-winning New York columnist dies

Pulitzer-winning New York columnist dies

Pulitzer Prize-winning newspaper columnist Jimmy Breslin, a self-described "street reporter" who chronicled New York City life for decades and won acclaim for his coverage of the "Son of Sam" serial killings, died on Sunday morning at age 88.
Published 20 Mar, 2017 12:00am
Clashes in Syria capital after surprise rebel assault

Clashes in Syria capital after surprise rebel assault

Heavy clashes rocked eastern districts of the Syrian capital on Sunday as rebels and jihadists tried to fight their way into the city centre in a surprise assault on government forces. The attack comes just days before a fresh round of UN-brokered peace t
Published 20 Mar, 2017 12:00am
First computer centre for tribal women opens

First computer centre for tribal women opens

The first-ever women computer centre, established inside the vocational centre in Government Girls High Secondary School (GGSS) under the auspices of Fata Development Authority (FDM) was inaugurated.
Published 20 Mar, 2017 12:00am
Karachiites to vote for PSP, says Kamal

Karachiites to vote for PSP, says Kamal

Chairman Pak Sarzameen Party (PSP) Syed Mustafa Kamal claims that impression in the country that Muhajir community has obsession with the Muttahida Qaumi Movement is wrong.
Published 20 Mar, 2017 12:00am
Partnership with Russia, Tatarstan to grow: Prime Minister

Partnership with Russia, Tatarstan to grow: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Sunday said that Pakistan's longstanding partnership with the Russian Federation as well as with its Muslim regions, including the Republic of Tatarstan, would witness significant progress in all areas of mutual int
Published 20 Mar, 2017 12:00am
16 candidates' vie for PP-23 Chakwal seat

16 candidates' vie for PP-23 Chakwal seat

The nomination papers of all the 16 candidates, who filed for the by-election of PP-23 Chakwal, were declared correct by Returning Officer Shakeel Ahmed. The major contestants are Malik Shahryar Awan of PML (N) and PTI, JI and PML (Q) have fielded Colonel
Published 20 Mar, 2017 12:00am
Population census under way peacefully

Population census under way peacefully

After completing the house listing, the head count has been started in the district in connection with Population Census. Deputy Commissioner Salman Ghani inaugurated the head counting by entering the names of a family on the prescribed proforma in a loca
Published 20 Mar, 2017 12:00am
Women empowerment programme launched

Women empowerment programme launched

Launching ceremony of the "Women Empowerment programme Phase-I" was held here Saturday evening. The programme is being implemented by Baidarie Sialkot with the technical and financial support provided by Adidas group.
Published 20 Mar, 2017 12:00am
Anti-polio campaign launched in KP's six districts

Anti-polio campaign launched in KP's six districts

As many as 1.3 million children under-five years of age will be administered Oral Polio Vaccine (OPV) in the anti-polio drive in six districts of Khyber Pakhtunkhwa including Peshawar starting today (Monday).
Published 20 Mar, 2017 12:00am
61 immigrants handed over to FIA

61 immigrants handed over to FIA

Iranian authorities have handed over 61 Pakistani immigrants to FIA at Taftan border in Chagai district. According to official sources, the detained Pakistani immigrants were living in Iran without legal documents.
Published 20 Mar, 2017 12:00am
Government urged to slash sales tax

Government urged to slash sales tax

The business Community of Southern Punjab has reiterated its demand to cut the sales tax down to single digit to take burden off the consumers so that they could heave a sigh of relief. The spokesman said that there should be low rate of sales tax, as our
Published 20 Mar, 2017 12:00am
Government urged to slash sales tax

Government urged to slash sales tax

The business Community of Southern Punjab has reiterated its demand to cut the sales tax down to single digit to take burden off the consumers so that they could heave a sigh of relief. The spokesman said that there should be low rate of sales tax, as our
Published 20 Mar, 2017 12:00am
Seven die as bus rams into rickshaw

Seven die as bus rams into rickshaw

Seven including a woman and a young girl were killed after bus rammed into a rickshaw in Bhakkar district of Punjab. While ten others were severely injured in the road accident near Kalor Kot area of district Bhakkar. Enraged area residents came out on th
Published 20 Mar, 2017 12:00am
Thar arid university on the cards

Thar arid university on the cards

Former President of Pakistan Asif Ali Zardari has asked Sindh Government to establish Thar Arid University and promote solar energy based cottage industry in desert areas of the Tharparkar district.
Published 20 Mar, 2017 12:00am
Gene that accelerates brain ageing in older people found

Gene that accelerates brain ageing in older people found

A common gene variant has been discovered in about one-third of the population that may explain why some people's brains age faster than others, US researchers said on Wednesday. The gene, known as TMEM106B, accelerates normal brain aging in older people
Published 20 Mar, 2017 12:00am
Huge swathe of Australian mangroves 'die of thirst'

Huge swathe of Australian mangroves 'die of thirst'

Thousands of hectares of mangroves in Australia's remote north "died of thirst" last year, scientists said on Tuesday, in the largest climate-related incident of its kind ever recorded.
Published 20 Mar, 2017 12:00am
Scientists zoom in on AIDS virus hideout

Scientists zoom in on AIDS virus hideout

French scientists said on Wednesday they had found a way to pinpoint elusive white blood cells which provide a hideout for the AIDS virus in people taking anti-HIV drugs. Being able to spot, and one day neutralise, these "reservoir" cells has long been a
Published 20 Mar, 2017 12:00am
Measles cases triple in Italy as parents shun vaccine

Measles cases triple in Italy as parents shun vaccine

The number of measles cases in Italy has tripled this year, largely because parents are not getting children vaccinated due to spurious health scares, the health ministry said on Friday. More than 700 cases have been registered since the start of 2017 - c
Published 20 Mar, 2017 12:00am
Amazon tribe has lowest risk of heart ailment ever seen

Amazon tribe has lowest risk of heart ailment ever seen

Researchers said on Friday they had found an indigenous Amazonian tribe with the lowest levels of artery hardening - a portender of heart disease - ever observed. And while they hailed the group's "subsistence lifestyle" as a heart-protecting factor, othe
Published 20 Mar, 2017 12:00am
Adults born prematurely may face more mental health risks

Adults born prematurely may face more mental health risks

Adults who were born prematurely at a very low birth weight may be more likely to experience mental health problems like depression and anxiety, a recent study suggests. Researchers examined data from previously published studies of mental health in 747 a
Published 20 Mar, 2017 12:00am
WIPO cybersquatting cases hit record in 2016

WIPO cybersquatting cases hit record in 2016

Trademark owners filed an all-time record 3,036 cases under the Uniform Domain Name Dispute Resolution Policy (UDRP) with WIPO in 2016. According to a WIPO report received here on Thursday this was a 10% increase over the previous year, with over 1,200 ne
Published 20 Mar, 2017 12:00am
Apple, Google, Facebook may not pursue lawsuit against travel ban

Apple, Google, Facebook may not pursue lawsuit against travel ban

Apple Inc, Alphabet Inc's Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against U.S. President Donald Trump's controversial travel ban, deciding not to put their weight behind a la
Published 20 Mar, 2017 12:00am
Yahoo names post-spinoff management team

Yahoo names post-spinoff management team

Yahoo said Monday that board member and former internet executive Thomas McInerney would lead the business that remains after the sale of its core assets to Verizon is completed. The internet pioneer said the sale of its main operating unit was on track t
Published 20 Mar, 2017 12:00am
Pandora launches new service to offer on-demand music

Pandora launches new service to offer on-demand music

Internet radio leader Pandora on Monday unveiled a new premium service that offers on-demand music, hoping to strengthen growth in a streaming market dominated by Spotify. Pandora has 80 million monthly users but recently announced layoffs amid unease ove
Published 20 Mar, 2017 12:00am
SES signs partnership accord with list

SES signs partnership accord with list

SES SA announced Mar 14 that it has signed a partnership agreement with the Luxembourg Institute of Science and Technology (LIST). The new co-operation framework with LIST complements the existing SES partnership agreement with the Luxembourg University I
Published 20 Mar, 2017 12:00am
Mobile broadband sector growing in Pakistan: GSMA

Mobile broadband sector growing in Pakistan: GSMA

The mobile broadband sector is growing in Pakistan and the government is investing in new networks in rural areas, GSMA's Public Policy Manager for Asia Pacific Henry Parker said Thursday. Addressing the annual report launching ceremony here, he recommend
Published 20 Mar, 2017 12:00am
Toshiba delays earnings again, considers US unit sale

Toshiba delays earnings again, considers US unit sale

Toshiba on Tuesday won approval again to delay releasing its earnings, averting an embarrassing delisting, while it said it would try to sell a US nuclear division hit by massive losses and allegations of accounting fraud. Japanese financial regulators ha
Published 20 Mar, 2017 12:00am
Cathay Pacific posts first annual loss since 2008

Cathay Pacific posts first annual loss since 2008

Cathay Pacific Airways on Wednesday reported its first full-year loss since the 2008 global financial crisis, dragged down by overcapacity, a strong Hong Kong dollar and mounting competition from mainland Chinese carriers.
Published 20 Mar, 2017 12:00am
Telecom Egypt 2016 net profit falls

Telecom Egypt 2016 net profit falls

Telecom Egypt reported an 11 percent decline in 2016 net profit, the state-owned landline monopoly said on Monday. The company made a net profit of 2.672 billion Egyptian pounds ($151.4 million) in 2016 compared with 2.999 billion pounds a year earlier. R
Published 20 Mar, 2017 12:00am
Generali to raise dividends, speed up cost cuts

Generali to raise dividends, speed up cost cuts

Italy's biggest insurer Generali on Thursday played down the prospects of a take-over as it reported its highest ever full-year operating profit and said it would raise dividends and speed up cost cuts. The insurer emerged as a potential bid target in Jan
Published 20 Mar, 2017 12:00am
Petronas posts quarterly profit, cautious on outlook

Petronas posts quarterly profit, cautious on outlook

Malaysia's Petroliam Nasional Bhd said on Tuesday it swung to a fourth-quarter profit from a loss in the year-ago period, helped by cost-cutting efforts, but the state oil company maintained a cautious outlook for 2017.
Published 20 Mar, 2017 12:00am
LATAM Airlines posts $69 million net profit for 2016
Currency

LATAM Airlines posts $69 million net profit for 2016

Regional carrier LATAM Airlines posted a net profit of $69 million for all of 2016 on Wednesday, its first yearly profit since the company formed four years ago, helped by improving conditions in key market Brazil.
Published 20 Mar, 2017 12:00am
Fall in Volkswagen brand profit shows long road to recovery

Fall in Volkswagen brand profit shows long road to recovery

Operating profit at Volkswagen's biggest car brand fell last year, showing the challenges still facing the world's largest automaker 18 months on from its emissions scandal. The German company said last month it made a record group operating profit in 201
Published 20 Mar, 2017 12:00am
Fall in Volkswagen brand profit shows long road to recovery

Fall in Volkswagen brand profit shows long road to recovery

Operating profit at Volkswagen's biggest car brand fell last year, showing the challenges still facing the world's largest automaker 18 months on from its emissions scandal. The German company said last month it made a record group operating profit in 201
Published 20 Mar, 2017 12:00am
United on the up as Fellaini strikes

United on the up as Fellaini strikes

Marouane Fellaini scored his first Premier League goal for 15 months as Manchester United extended their unbeaten Premier League run to 18 games to move up to fifth with a 3-1 victory at relegation-threatened Middlesborough on Sunday.
Published 20 Mar, 2017 12:00am
Bangladesh pull off historic win over Sri Lanka

Bangladesh pull off historic win over Sri Lanka

Opener Tamim Iqbal top-scored with 82 as Bangladesh pulled off a historic four-wicket win over Sri Lanka in the second Test in Colombo on Sunday. The rare win for Bangladesh - just their fourth away from home and first against Sri Lanka in 18 attempts - m
Published 20 Mar, 2017 12:00am
Zeeshan, Salmanzad win Mr and Junior Mr Asian titles

Zeeshan, Salmanzad win Mr and Junior Mr Asian titles

Zeeshan Khan and Salmanzada clinched Mr and Junior Mr Asian Gym titles in the Bodybuilding contests held under the aegis of Asian Gym here at PSB Coaching Center Hall on Sunday. Zeeshan, a senior class winner of 60kg bewilders fellow musclemen in his clas
Published 20 Mar, 2017 12:00am
Badminton prize money boost as new tour unveiled

Badminton prize money boost as new tour unveiled

The Badminton World Federation (BWF) on Sunday announced a new tournament structure, with increased prize money, as it looks to raise the sport's profile and ramp up revenues. 0The new tour series, which features six levels, will kick off next year and ru
Published 20 Mar, 2017 12:00am
Federer takes aim at fifth Indian Wells title

Federer takes aim at fifth Indian Wells title

Roger Federer's resurgence has already out-stripped his expectations, but the Swiss great says relishing the game is more important now than chasing a ranking. Sidelined some six months after knee surgery last year, Federer came back to win his 18th Grand
Published 20 Mar, 2017 12:00am
Pujara, Saha put India on top in third Test

Pujara, Saha put India on top in third Test

Cheteshwar Pujara said Sunday the spinners should win the third Test for India after his double century and a marathon partnership with centurion Wriddhiman Saha put the hosts on top against Australia.
Published 20 Mar, 2017 12:00am
Tour de France loses another former champion

Tour de France loses another former champion

The Tour de France has lost its third former champion in as many months with the death aged 77 on Sunday of 1967 winner Roger Pingeon. Pingeon succumbed to a heart attack at his home in the Ain region, local mayor Georges Gouly told AFP. On December 30 Sw
Published 20 Mar, 2017 12:00am
Misbah wants life bans for fixers

Misbah wants life bans for fixers

Pakistan's Test captain Misbah-ul-Haq on Sunday called for life bans on anyone found guilty of fixing, adding that an investigation into five players threatened years of work to clean up the country's image. The Pakistan Cricket Board (PCB) has provisiona
Published 20 Mar, 2017 12:00am
Egypt targets around five percent growth rate in FY 2017-18
Currency

Egypt targets around five percent growth rate in FY 2017-18

Egyptian Planning Minister Hala al-Saeed said on Sunday that the government is targeting a growth rate of around 5 percent for the 2017-18 fiscal year, state news agency MENA reported. Speaking at a news conference, Saeed said Egypt is also looking to boo
Published 20 Mar, 2017 12:00am
Egypt received two cargoes of diesel fuel from Saudi Aramco

Egypt received two cargoes of diesel fuel from Saudi Aramco

Egyptian Petroleum Minister Tarek El Molla said on Sunday his country had received two cargoes of diesel fuel from Saudi Arabian state-owned oil company Aramco on Friday and Saturday. Molla was speaking at an energy conference in Cairo.
Published 20 Mar, 2017 12:00am
Labour drought in Europe's east as workers go west

Labour drought in Europe's east as workers go west

A decade ago, business was booming for Hungarian construction firm owner Geza Borgulya. He was making an annual profit of some five million euros ($5.4 million) and had around 60 staff including surveyors and bricklayers.
Published 20 Mar, 2017 12:00am
Hundreds protest Lebanese parliament's proposed tax hikes

Hundreds protest Lebanese parliament's proposed tax hikes

Protesters in central Beirut hurled empty water bottles at Lebanese Prime Minister Saad al-Hariri on Sunday when he tried to calm hundreds of people rallying against proposed tax hikes. Carrying placards and banners, around 2,000 people flooded Riad al-So
Published 20 Mar, 2017 12:00am
Deutsche Bank to issue 687.5 million new shares

Deutsche Bank to issue 687.5 million new shares

Deutsche Bank on Sunday announced it would issue 687.5 million new shares to raise 8 billion euros ($8.59 billion) to fund a strategy overhaul in what amounts to its fourth capital increase since 2010. Germany's biggest lender had previously said it would
Published 20 Mar, 2017 12:00am
Iran's South Pars field has begun oil production

Iran's South Pars field has begun oil production

Oil wells at Iran's South Pars gas field started production for the first time on Sunday, Iranian oil ministry news agency SHANA reported. South Pars is a part of the world's largest gas field which Iran shares with Qatar. South Pars also has more than 14
Published 20 Mar, 2017 12:00am
IBM and Wanda form China cloud computing partnership

IBM and Wanda form China cloud computing partnership

IBM and a unit of China's Dalian Wanda Group, a property and entertainment conglomerate, agreed on Sunday to team up to provide cloud services to Chinese companies, the US technology provider said.
Published 20 Mar, 2017 12:00am
IMF delays more aid to Ukraine

IMF delays more aid to Ukraine

The International Monetary Fund has postponed a decision to disburse more aid to Ukraine in order to assess the impact of an economic blockade Kiev imposed on separatist-held territory, the IMF and Ukrainian authorities said on Sunday. The IMF's Executive
Published 20 Mar, 2017 12:00am
China to curb 'excessive' credit for property sector

China to curb 'excessive' credit for property sector

China will control rapid flows of bank credit to the property sector to help contain risks, the head of the country's top economic planning agency said on Sunday. This comes at a time when Beijing has pledged to contain debt and property market risks in 2
Published 20 Mar, 2017 12:00am
Beijing shuts last coal power plant in switch to natural gas

Beijing shuts last coal power plant in switch to natural gas

The last large coal-fired power plant in Beijing has suspended operations, with the city's electricity now generated by natural gas, the state news agency reported as smog enveloped the Chinese capital this weekend.
Published 20 Mar, 2017 12:00am
G20 review of banking rules no rollback of regulation: Weidmann

G20 review of banking rules no rollback of regulation: Weidmann

Finance leaders of the world's top economies have agreed to review banking rules, but this does not automatically mean hard-fought financial market regulation will be rolled back, Bundesbank President Jens Weidmann told Reuters on Sunday.
Published 20 Mar, 2017 12:00am
Previous Day