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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-01-28
Two-way investments under PTA to be raised
Exchange

Two-way investments under PTA to be raised

Pakistan and Indonesia have agreed to increase two-way investments to diversify and expand economic ties by taking advantage of the Preferential Trade Agreement (PTA). This was agreed during the two-day state visit of Indonesian President Joko Widodo alon
Published 28 Jan, 2018 12:00am
Two-way investments under PTA to be raised
Exchange

Two-way investments under PTA to be raised

Pakistan and Indonesia have agreed to increase two-way investments to diversify and expand economic ties by taking advantage of the Preferential Trade Agreement (PTA). This was agreed during the two-day state visit of Indonesian President Joko Widodo alon
Published 28 Jan, 2018 12:00am
Two-way investments under PTA to be raised
Exchange

Two-way investments under PTA to be raised

Pakistan and Indonesia have agreed to increase two-way investments to diversify and expand economic ties by taking advantage of the Preferential Trade Agreement (PTA). This was agreed during the two-day state visit of Indonesian President Joko Widodo alon
Published 28 Jan, 2018 12:00am
Four MoUs inked: LNG, POL products to be imported from Indonesia

Four MoUs inked: LNG, POL products to be imported from Indonesia

Pakistan and Indonesia signed four memoranda of understanding, including import of LNG and petroleum products from Indonesia, at the conclusion of bilateral talks between Prime Minister Shahid Khaqan Abbasi and Indonesian President Joko Widodo.
Published 28 Jan, 2018 12:00am
Four MoUs inked: LNG, POL products to be imported from Indonesia

Four MoUs inked: LNG, POL products to be imported from Indonesia

Pakistan and Indonesia signed four memoranda of understanding, including import of LNG and petroleum products from Indonesia, at the conclusion of bilateral talks between Prime Minister Shahid Khaqan Abbasi and Indonesian President Joko Widodo.
Published 28 Jan, 2018 12:00am
Four MoUs inked: LNG, POL products to be imported from Indonesia

Four MoUs inked: LNG, POL products to be imported from Indonesia

Pakistan and Indonesia signed four memoranda of understanding, including import of LNG and petroleum products from Indonesia, at the conclusion of bilateral talks between Prime Minister Shahid Khaqan Abbasi and Indonesian President Joko Widodo.
Published 28 Jan, 2018 12:00am
Your rupee half year
Exchange

Your rupee half year

Following currency fluctuations took place in foreign exchange rates during the half year. (July 4 to December 29, 2017).

Published 28 Jan, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (January 27, 2018) and the forecast for Sunday (January 28, 2018).

Published 28 Jan, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 27, 2018).

Published 28 Jan, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 27, 2018)

Published 28 Jan, 2018 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 (January 27, 2018).

Published 28 Jan, 2018 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 (January 27, 2018).

Published 28 Jan, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 27, 2018).

Published 28 Jan, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (January 27, 2018).

Published 28 Jan, 2018 12:00am
THE RUPEE: slight fall
Currency

THE RUPEE: slight fall

An easier trend prevailed on the money market on Saturday as the rupee drifted lower against the dollar in the process of trading activity, dealers said. The rupee failed to maintain firmness in terms of the dollar, shedding 10 paisas for buying and selli
Published 28 Jan, 2018 12:00am
THE RUPEE: slight fall
Currency

THE RUPEE: slight fall

An easier trend prevailed on the money market on Saturday as the rupee drifted lower against the dollar in the process of trading activity, dealers said. The rupee failed to maintain firmness in terms of the dollar, shedding 10 paisas for buying and selli
Published 28 Jan, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (January 27, 2018).

Published 28 Jan, 2018 12:00am
European gasoline margins rise after drop in ARA stocks

European gasoline margins rise after drop in ARA stocks

Gasoline refining margins in northwest Europe rose to their highest since late November after a drop in ARA stocks and a rise in exports from the region. ARA gasoline stocks fell in the week to Thursday by 5.5 percent, driven by exports from the region, p
Published 28 Jan, 2018 12:00am
CBOT soyabean futures retreat

CBOT soyabean futures retreat

Chicago Board of Trade soyabean futures pulled back after topping $10 a bushel on Thursday, ending flat as US traders continued to monitor unfavourable dryness in rival exporter Argentina. CBOT March soyabeans exceeded $10 a bushel for the first time sinc
Published 28 Jan, 2018 12:00am
Indonesian coffee picks up ahead of mini-harvest

Indonesian coffee picks up ahead of mini-harvest

Indonesian coffee premiums picked up slightly ahead of a mini- harvest due in March, while a moderate Vietnamese market moved over to the May contract, traders said on Thursday. Indonesia's grade 4 defect 80 robusta traded at a $170 premium to the London
Published 28 Jan, 2018 12:00am
China's net gold imports fall 19 percent in 2017

China's net gold imports fall 19 percent in 2017

China's net gold imports via main conduit Hong Kong fell 18.5 percent year-on-year in 2017 and were down 12.2 percent in December from the previous month, data showed on Thursday. Total net imports by the world's top consumer of the metal via Hong Kong fe
Published 28 Jan, 2018 12:00am
Asian naphtha crack falls to five-month low

Asian naphtha crack falls to five-month low

Asia's naphtha crack fell to a five-month low of $77.65 a tonne on Thursday, dragged down by ample supplies and firm oil prices as Brent crude hit its highest since December 2014. Falling prices of alternative liquefied petroleum gas (LPG) and unplanned s
Published 28 Jan, 2018 12:00am
Small sugar producers find inroads into China in 2017

Small sugar producers find inroads into China in 2017

Smaller sugar producers in South America and Southeast Asia made inroads into China in 2017, data showed on Thursday, taking advantage of hefty duties on Brazilian and Thai imports to win sales in one of the world's biggest buyers of the sweetener.
Published 28 Jan, 2018 12:00am
Indian rice prices jump to 6-1/2 years high

Indian rice prices jump to 6-1/2 years high

Rice prices in top exporter India jumped to their highest in about 6-1/2 years on strong demand from Asia and Africa, exporters said, while rates for the staple hit multi-month highs in Thailand and Vietnam following recent purchases by Indonesia.
Published 28 Jan, 2018 12:00am
Cotton market: subdued business on lack of buying interest
Cotton

Cotton market: subdued business on lack of buying interest

Spinners and mills were on the sidelines due to lack of buying interest on the cotton market on Saturday in process of trading, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In ready session, over 3000 bales of cotton changed
Published 28 Jan, 2018 12:00am
China National Gold sees record production in 2017

China National Gold sees record production in 2017

China National Gold Group produced a record 42.42 tonnes of gold in 2017, state-run news agency Xinhua reports from the company's annual meeting. China's biggest gold producer reported a full year profit for 2017 of 766 million yuan ($120 million), its be
Published 28 Jan, 2018 12:00am
Brazil's share of soyabean exports to China hits record

Brazil's share of soyabean exports to China hits record

Brazil's share of soyabean exports to China, the world's top buyer of the commodity, grew to the largest on record in 2017 and looks set to expand again this year, helped by competitive prices and the high protein content of its crops. That's another pote
Published 28 Jan, 2018 12:00am
Chinese steel futures rise on weaker dollar
Exchange

Chinese steel futures rise on weaker dollar

Chinese steel futures rose on Thursday, lifted by a weaker dollar and gains in coking coal and coke futures. The most active rebar contract on the Shanghai Futures Exchange rose 1.1 percent at 3,966 yuan a tonne by the close. The dollar was holding near t
Published 28 Jan, 2018 12:00am
Palm oil lower on European vegoils market
Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market edged lower on Thursday, tracking lower Malaysian palm oil futures that were hit by a stronger ringgit. A firmer ringgit makes palm oil more expensive for foreign buyers and could further reduce already weak
Published 28 Jan, 2018 12:00am
Turkmenistan gas supply to China rebounds

Turkmenistan gas supply to China rebounds

China's monthly natural gas imports from leading supplier Turkmenistan rebounded in December from the previous month, arresting a three-month fall, as state energy firms geared up to cover a winter supply crunch. December imports by pipeline from Turkmeni
Published 28 Jan, 2018 12:00am
CBOT corn slips after climbing to seven-week high

CBOT corn slips after climbing to seven-week high

Chicago Board of Trade corn futures slumped on Thursday in a turnaround from a seven-week high reached earlier in the session, traders said. CBOT March wheat ended down 1-1/4 cents at $3.55-1/4 a bushel. Its session peak of $3.58 was the highest price for
Published 28 Jan, 2018 12:00am
Argentina trims soya, corn-planting estimates
Exchange

Argentina trims soya, corn-planting estimates

Argentina trimmed its soya and corn-planting estimates on Thursday as key parts of the country's Pampas grains belt contend with excessively hot, dry conditions that could cause a decline in yields and sowing area. In its monthly crop report, the Agricult
Published 28 Jan, 2018 12:00am
Euronext wheat futures little changed

Euronext wheat futures little changed

Euronext wheat futures were little changed on Thursday as strength in export prices in France helped shield the market from a rally in the euro. Traders said an upturn in demand for nearby delivery, disruption to river transport due to high water levels,
Published 28 Jan, 2018 12:00am
China's rice exports to Africa surge last year

China's rice exports to Africa surge last year

China's rice exports to Africa surged last year, customs data showed on Thursday, with the world's second-largest producer of the staple grain pushing to clear bulging state and commercial warehouses as it overhauls government support for its farming sect
Published 28 Jan, 2018 12:00am
South African bonds: the 'next big EM story'
Currency

South African bonds: the 'next big EM story'

Backed by a strengthening currency, some of the highest inflation-adjusted yields in emerging markets and now the possible exit of unpopular president Jacob Zuma, South African bonds have become a top 2018 trade with investors.
Published 28 Jan, 2018 12:00am
South African bonds: the 'next big EM story'
Currency

South African bonds: the 'next big EM story'

Backed by a strengthening currency, some of the highest inflation-adjusted yields in emerging markets and now the possible exit of unpopular president Jacob Zuma, South African bonds have become a top 2018 trade with investors.
Published 28 Jan, 2018 12:00am
Rail group Italo to offer up to 40 percent of shares
Exchange

Rail group Italo to offer up to 40 percent of shares

When former Ferrari boss Luca Cordero di Montezemolo called up fellow businessman Diego della Valle in 2006 and suggested they create a company to run high-speed trains, his friend asked him what he had been drinking the night before. Twelve years on, the
Published 28 Jan, 2018 12:00am
Rail group Italo to offer up to 40 percent of shares
Exchange

Rail group Italo to offer up to 40 percent of shares

When former Ferrari boss Luca Cordero di Montezemolo called up fellow businessman Diego della Valle in 2006 and suggested they create a company to run high-speed trains, his friend asked him what he had been drinking the night before. Twelve years on, the
Published 28 Jan, 2018 12:00am
US-based Mojo Networks eyes IPO in two years

US-based Mojo Networks eyes IPO in two years

Wi-Fi equipment maker Mojo Networks is eyeing a stock market listing in about two years and expects annual sales to hit $100 million by then, the company's co-founder Pravin Bhagwat said. Mojo, which provides cloud-powered Wi-Fi services, counts fast-food
Published 28 Jan, 2018 12:00am
US-based Mojo Networks eyes IPO in two years

US-based Mojo Networks eyes IPO in two years

Wi-Fi equipment maker Mojo Networks is eyeing a stock market listing in about two years and expects annual sales to hit $100 million by then, the company's co-founder Pravin Bhagwat said. Mojo, which provides cloud-powered Wi-Fi services, counts fast-food
Published 28 Jan, 2018 12:00am
TSX rises, boosted by Bombardier trade case win
Exchange

TSX rises, boosted by Bombardier trade case win

Canada's main stock index rose on Friday, led by shares in Bombardier Inc, which closed up more than 15 percent after it won an unexpected trade victory against US planemaker Boeing Co. The Toronto Stock Exchange's S&P/TSX composite index closed up 35.21
Published 28 Jan, 2018 12:00am
India's recap bonds to be non-SLR, non-tradable

India's recap bonds to be non-SLR, non-tradable

India's bank recapitalisation bonds to state banks will be exempt from the amount lenders must set aside to buy sovereign bonds known as statutory liquidity ratio (SLR), banking secretary Rajeev Kumar said on Wednesday. These bonds worth 800 billion rupee
Published 28 Jan, 2018 12:00am
India's recap bonds to be non-SLR, non-tradable

India's recap bonds to be non-SLR, non-tradable

India's bank recapitalisation bonds to state banks will be exempt from the amount lenders must set aside to buy sovereign bonds known as statutory liquidity ratio (SLR), banking secretary Rajeev Kumar said on Wednesday. These bonds worth 800 billion rupee
Published 28 Jan, 2018 12:00am
Angola to issue $2 billion Eurobond
Exchange

Angola to issue $2 billion Eurobond

Angola plans to issue a Eurobond and renegotiate bilateral debt in 2018 as part of measures aimed at restructuring the economy and controlling mounting debt payments, a government macroeconomic plan seen by Reuters showed. President Jo?o Louren?o took pow
Published 28 Jan, 2018 12:00am
Angola to issue $2 billion Eurobond
Exchange

Angola to issue $2 billion Eurobond

Angola plans to issue a Eurobond and renegotiate bilateral debt in 2018 as part of measures aimed at restructuring the economy and controlling mounting debt payments, a government macroeconomic plan seen by Reuters showed. President Jo?o Louren?o took pow
Published 28 Jan, 2018 12:00am
Warsaw stocks, a top gainer in 2017, seen surging further
Exchange

Warsaw stocks, a top gainer in 2017, seen surging further

Portfolio specialist Dustin Blodgett correctly projected last year that Warsaw's stock exchange would be one of the best equity market bets in the world in 2017: he now says it should keep rising this year as well. Last year, among MSCI's country indexes,
Published 28 Jan, 2018 12:00am
Brazilian digital bank hires banks for IPO

Brazilian digital bank hires banks for IPO

Brazilian digital bank Intermedium SA has hired banks for an initial public offering that should take place in the second quarter of the year, one source with knowledge of the matter said on Monday. Intermedium, known as Inter, hired the investment bankin
Published 28 Jan, 2018 12:00am
Brazilian digital bank hires banks for IPO

Brazilian digital bank hires banks for IPO

Brazilian digital bank Intermedium SA has hired banks for an initial public offering that should take place in the second quarter of the year, one source with knowledge of the matter said on Monday. Intermedium, known as Inter, hired the investment bankin
Published 28 Jan, 2018 12:00am
Treasury yields rise on GDP data, BoJ comments

Treasury yields rise on GDP data, BoJ comments

US Treasury yields rose Friday following data showing the nation's economy grew 2.6 percent in the final quarter of 2017 and the governor of the Bank of Japan said inflation is finally close to reaching its target. Gross domestic product grew slower than
Published 28 Jan, 2018 12:00am
Treasury yields rise on GDP data, BoJ comments

Treasury yields rise on GDP data, BoJ comments

US Treasury yields rose Friday following data showing the nation's economy grew 2.6 percent in the final quarter of 2017 and the governor of the Bank of Japan said inflation is finally close to reaching its target. Gross domestic product grew slower than
Published 28 Jan, 2018 12:00am
Intel, healthcare shares boost lift Wall Street to record
Exchange

Intel, healthcare shares boost lift Wall Street to record

The latest round of strong earnings reports, including from Intel and AbbVie, along with continued weakness in the dollar lifted each of the major Wall Street indexes to closing records on Friday. The three main indexes notched their best four-week run si
Published 28 Jan, 2018 12:00am
Paris could overtake London as top financial centre: Le Maire

Paris could overtake London as top financial centre: Le Maire

Paris could overtake London as Europe's most important financial centre in a matter of years, French Finance Minister Bruno Le Maire said, after days of wooing American and European bankers in the Swiss Alps and gilded Palace of Versailles. In an intervie
Published 28 Jan, 2018 12:00am
Tencent invests in 'Mission: Impossible' studio

Tencent invests in 'Mission: Impossible' studio

Chinese internet giant Tencent said on Friday it will take a stake in the US production company behind the "Mission: Impossible" and "Terminator" series, marking China's latest incursion into Hollywood. The deal will give Tencent the opportunity to co-fin
Published 28 Jan, 2018 12:00am
Beijing to shut 1,000 manufacturing firms by 2020

Beijing to shut 1,000 manufacturing firms by 2020

Beijing will shut 1,000 manufacturing companies by 2020 under a years-long plan to restructure its economy, the official Xinhua news agency reported on Saturday, citing a city official. The closures are part of a bigger initiative to balance and integrate
Published 28 Jan, 2018 12:00am
France retains AA debt rating: Fitch

France retains AA debt rating: Fitch

France retained its "AA" credit rating despite its high and rising debt level, Fitch ratings agency said Friday. Fitch noted that persistent budget deficits mean the debt-to-GDP ratio "will continue to increase in the coming years and peak at 97 percent i
Published 28 Jan, 2018 12:00am
France retains AA debt rating: Fitch

France retains AA debt rating: Fitch

France retained its "AA" credit rating despite its high and rising debt level, Fitch ratings agency said Friday. Fitch noted that persistent budget deficits mean the debt-to-GDP ratio "will continue to increase in the coming years and peak at 97 percent i
Published 28 Jan, 2018 12:00am
Britain funds satellite hunt for new minerals

Britain funds satellite hunt for new minerals

The British government has handed out 850,000 pounds ($1 million) for research that uses satellites to identify deposits of minerals, including battery metal lithium, as part of efforts to bolster the economy after the exit from the European Union. The pr
Published 28 Jan, 2018 12:00am
Industrial strikes loom as talks with German union collapse

Industrial strikes loom as talks with German union collapse

Germany's metalworkers' union said Saturday that it will intensify its campaign for better pay and conditions, threatening 24-hour "warning strikes" after talks with industry representatives fell apart. Production by the country's crucial metal and electr
Published 28 Jan, 2018 12:00am
China fines 12 banks over illegal bill trading, fraud

China fines 12 banks over illegal bill trading, fraud

China's banking regulator said on Saturday that it had fined 12 Chinese lenders after uncovering illegal trading of 7.9 billion yuan ($1.25 billion) of bank bills. The fraud has "severally disrupted market order", and showed the lack of internal controls
Published 28 Jan, 2018 12:00am
Deutsche Bank to hike bonuses

Deutsche Bank to hike bonuses

Deutsche Bank will hike annual bonus payments to more than 1 billion euros ($1.2 billion) despite posting its third consecutive annual loss in 2017, a German newspaper reported. The move comes amid concern another year of low bonuses could prompt investme
Published 28 Jan, 2018 12:00am
Canada hopeful NAFTA talks can continue, sees some progress

Canada hopeful NAFTA talks can continue, sees some progress

Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the process should continue, Steve Verheul, Canada's chief negotiator, told Reuters on Saturday. The
Published 28 Jan, 2018 12:00am
California wants 5 million 'green' cars on roads by 2030

California wants 5 million 'green' cars on roads by 2030

California Governor Jerry Brown Friday signed an executive order detailing aims to have five million electric cars on the state's roads by 2030 - by accelerating the production of such vehicles using financial incentives and rebates. The $2.5 billion, eig
Published 28 Jan, 2018 12:00am
Qatar Airways' first Airbus A350-1000 to be delivered February 15-20

Qatar Airways' first Airbus A350-1000 to be delivered February 15-20

Airbus will deliver the first ever A350-1000 jet to an airline to Qatar Airways between February 15 and February 20, the carrier's chief executive said on Saturday. Delivery of Europe's largest twin-engined passenger jet to launch customer Qatar Airways h
Published 28 Jan, 2018 12:00am
Cost of bread doubles in Jordan as subsidies lifted

Cost of bread doubles in Jordan as subsidies lifted

Jordan on Saturday increased the price of bread by up to 100 percent after lifting subsidies on the staple in a bid to redress its debt-riddled economy. The move is expected to affect low income Jordanians, for whom flat pitta-like bread is an essential p
Published 28 Jan, 2018 12:00am
Canadian dollar strengthens
Currency

Canadian dollar strengthens

The Canadian dollar strengthened against its US counterpart on Friday as the greenback broadly fell and domestic data showed a pick up in underlying inflation. Canada's annual inflation rate dipped as expected in December to 1.9 percent but two out of thr
Published 28 Jan, 2018 12:00am
Bullish bets on most Asia FX soar as dollar loses its shine
Currency

Bullish bets on most Asia FX soar as dollar loses its shine

Investors have raised their long positions on most Asian currencies over the past two weeks, a Reuters poll showed, as the dollar continued to weaken on concerns a shift to hawkish stances by global central banks would cut the greenback's yield advantage.
Published 28 Jan, 2018 12:00am
Dollar slips, on track for worst weekly fall since June

Dollar slips, on track for worst weekly fall since June

The dollar remained weak against a basket of currencies on Friday, bruised by comments by senior US officials this week backing a weak dollar, and was on pace for its worst weekly fall since June. The dollar index, which measures the greenback against a b
Published 28 Jan, 2018 12:00am
North America FX daily volume up
Exchange

North America FX daily volume up

The average daily volume in the North American currency market rose in October 2017 from a year earlier, boosted by increases across all types of foreign exchange instruments, according to a semi-annual survey by the New York Federal Reserve's Foreign Exc
Published 28 Jan, 2018 12:00am
London daily FX volume falls
Exchange

London daily FX volume falls

Foreign exchange trading out of London declined 4 percent in October 2017 to $2.23 trillion, compared with six months earlier, thanks to a drop in volumes in cash spot and swaps, a semi-annual survey by the Bank of England showed on Thursday.
Published 28 Jan, 2018 12:00am
Speculators up short US dollar bets, trims short bitcoin
Currency

Speculators up short US dollar bets, trims short bitcoin

Speculators' net short dollar bets rose in the latest week to their largest amount since mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position, derive
Published 28 Jan, 2018 12:00am
Mobile FX trading taking off even with banks' reticence
Exchange

Mobile FX trading taking off even with banks' reticence

Increasing numbers of traders are using their smartphones to conduct foreign exchange deals, a J.P Morgan survey showed on Monday. In the second annual edition of an online survey among 400 institutional traders - a ,majority of them focused on foreign ex
Published 28 Jan, 2018 12:00am
US CFTC charges My Big Coin Pay over virtual currency scam
Currency

US CFTC charges My Big Coin Pay over virtual currency scam

The US derivatives watchdog on Wednesday said it has charged My Big Coin Pay Inc and two men over alleged fraud and misappropriation as part of an ongoing virtual currency scam, the latest in a string of recent actions against cryptocurrencies.
Published 28 Jan, 2018 12:00am
Uzair, Noor, Hamza, Hanif win FATA Junior Squash titles

Uzair, Noor, Hamza, Hanif win FATA Junior Squash titles

International players Uzair Shoukat, Noor Zaman, Muhammad Hamza and Muhammad Hanif clinched the titles of the various age categories of the FATA National Junior Squash Championship played here at PAF Hashim Khan Squash Complex on Saturday. Director Genera
Published 28 Jan, 2018 12:00am
Madushanka's hat-trick on debut seals title for Sri Lanka

Madushanka's hat-trick on debut seals title for Sri Lanka

Shehan Madushanka became the fourth bowler in history to claim a hat-trick on debut as Sri Lanka crushed Bangladesh by 79 runs to win the tri-nation one-day international tournament in Dhaka on Saturday. The 22-year-old pacer claimed Bangladesh's last thr
Published 28 Jan, 2018 12:00am
India win after South Africa collapse

India win after South Africa collapse

Ishant Sharma and Jasprit Bumrah sparked a dramatic collapse as India beat South Africa by 63 runs on the fourth day of the third and final Test at the Wanderers Stadium on Saturday. Dean Elgar and Hashim Amla shared a century second-wicket partnership wh
Published 28 Jan, 2018 12:00am
Special Olympics National Games starts in Lahore

Special Olympics National Games starts in Lahore

The three-day Special Olympics National Games has been started here at the Gymnasium of hockey stadium on Saturday. The three days games have been organized by Sports Board Punjab, Special Olympics Pakistan and the Chief Minister's Special Monitoring Unit
Published 28 Jan, 2018 12:00am
Islamabad United announces Haleeb Foods as partners

Islamabad United announces Haleeb Foods as partners

Islamabad United, the winners of the inaugural HBL-PSL has announced its partnership with Haleeb Foods for the third edition of the Pakistan Super League 2018. Islamabad United owner Ali Naqvi added, "We are delighted to partner with one of Pakistan's lea
Published 28 Jan, 2018 12:00am
Sanchez sparkles as United progress in FA Cup

Sanchez sparkles as United progress in FA Cup

Alexis Sanchez shone in a winning Manchester United debut on Friday after a thumping 4-0 win at the humble ground of lower-league Yeovil Town eased Jose Mourinho's team into the fifth round of the FA Cup. The Chile international was named in the starting
Published 28 Jan, 2018 12:00am
Stokes tops IPL bidding war

Stokes tops IPL bidding war

England's star allrounder Ben Stokes topped the Indian Premier League auction on Saturday selling for $1.96 million despite a looming court case for assault. On a day in which the eight IPL teams spent over $50m on talent, Stokes's deal with Rajasthan Roy
Published 28 Jan, 2018 12:00am
Chinese prodigy Li leads from McIlroy in Dubai

Chinese prodigy Li leads from McIlroy in Dubai

China's Li Haotong displayed his superstar potential as he outscored Rory McIlroy by four shots in the third round to take a one-shot lead into the final day of the $3 million Dubai Desert Classic. Starting his third round on Saturday trailing leader McIl
Published 28 Jan, 2018 12:00am
Uzbekistan crush Vietnam's cup dreams in U23 AFC final

Uzbekistan crush Vietnam's cup dreams in U23 AFC final

Millions of red-clad Vietnam fans saw their hopes of a fairytale ending dashed Saturday as Uzbekistan snatched a last-minute victory in the final of the Under-23 Asian Cup Football championship. The normally low-profile event has been followed with the fe
Published 28 Jan, 2018 12:00am
Wozniacki wins first major at Australian Open
Exchange

Wozniacki wins first major at Australian Open

Caroline Wozniacki finally lifted her first Grand Slam title at the 43rd attempt as she beat Simona Halep 7-6 (7/2), 3-6, 6-4 to win the Australian Open on Saturday. The Dane, who will take over as world number one, burst into tears as she secured the tit
Published 28 Jan, 2018 12:00am
14 Malian soldiers killed in attack on camp

14 Malian soldiers killed in attack on camp

Fourteen soldiers were killed and 18 wounded on Saturday in an attack on their camp in Mali's restive north, the army said, while military sources told AFP jihadists were responsible. Mali's deteriorating security situation is of growing concern as Al-Qae
Published 28 Jan, 2018 12:00am
White House counsel was 'fed up' with Trump

White House counsel was 'fed up' with Trump

White House Counsel Donald McGahn threatened to quit last June because he was "fed up" after President Donald Trump insisted he take steps to remove the special counsel investigating Russian interference in the 2016 US election, a person familiar with the
Published 28 Jan, 2018 12:00am
Eight dead as US-led strike hits Iraq forces

Eight dead as US-led strike hits Iraq forces

An air strike by the US-led coalition battling the Islamic State group hit Iraqi security personnel on Saturday, officials said, in an apparent mistake that killed eight people. The friendly fire incident drew swift criticism of the US military presence i
Published 28 Jan, 2018 12:00am
Venezuela rejects 'unacceptable' Macron sanctions comments

Venezuela rejects 'unacceptable' Macron sanctions comments

The Venezuelan government Saturday rejected what it considered "unacceptable statements" by French President Emmanuel Macron indicating support for increased European Union sanctions against Venezuela. Macron's comments were "a hostile and unfriendly act
Published 28 Jan, 2018 12:00am
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