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Print - 2018-07-26
Whirlpool, once a fan of US tariffs, now feels their pain

Whirlpool, once a fan of US tariffs, now feels their pain

In January, the Whirlpool company welcomed new US tariffs on washing machines. But less than seven months later, the big home-appliance maker has changed its tune, having fallen victim to the spreading trade war launched by President Donald Trump. When th
Published 26 Jul, 2018 12:00am
Economy in dire straits

Economy in dire straits

The new government to be formed as a result of yesterday's vote will be required to take economically challenging decisions ranging from reversing tax exemptions to increasing sales tax rate to removing subsidy on electricity with the objective of reducin
Published 26 Jul, 2018 12:00am
Polling in Lahore held amid tight security

Polling in Lahore held amid tight security

Polling for 14 national and 30 provincial assembly seats in the provincial metropolis was held on Wednesday for general elections 2018 amid stringent security.
Published 26 Jul, 2018 12:00am
Peaceful atmosphere, large turnout witnessed in twin cities

Peaceful atmosphere, large turnout witnessed in twin cities

An overall peaceful atmosphere and higher turnout relative to 2013 elections was witnessed in 2018 general elections in the twin cities, Rawalpindi and Islamabad, with the contest limited to two parties - Pakistan Muslim League (N) and Pakistan Tehreek-e-
Published 26 Jul, 2018 12:00am
Prime Minister condemns attack on security personnel

Prime Minister condemns attack on security personnel

Prime Minister former Justice Nasir-ul-Mulk Wednesday strongly condemned the attack on security personnel deployed for the protection of polling staff in NA-271 constituency of Buleda area of Balochistan. The prime minister prayed for peace of the securit
Published 26 Jul, 2018 12:00am
No women vote in village where wives had vowed to defy husbands

No women vote in village where wives had vowed to defy husbands

Women who had pledged to defy men in their village by voting for the first time ultimately did not exercise their democratic right in Wednesday's election, citing intimidation by their husbands. Male elders banned females from voting in Mohri Pur, some 60
Published 26 Jul, 2018 12:00am
ECP summons Imran on July 30

ECP summons Imran on July 30

The Election Commission of Pakistan (ECP) has issued notice to Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan for violating the electoral code of conduct. The ECP has immediately sought reply and summoned Khan on July 30 for violating" secrecy of ballot"
Published 26 Jul, 2018 12:00am
Voting process: PPP leader criticises role of security personnel

Voting process: PPP leader criticises role of security personnel

"Magisterial powers to security personnel, slowing down the voting process by allowing only 3-4 voters inside polling stations at a time, refusal to extend the polling time as voters kept waiting outside and free hand given to the proscribed militant orga
Published 26 Jul, 2018 12:00am
Transport business witness a boom in twin cities

Transport business witness a boom in twin cities

The transport business in the twin cities of Islamabad and Rawalpindi has witnessed a boom as political parties and contestants hire the transport vehicles to facilitate their voters on Election Day. A report aired by a private news channel said, the cand
Published 26 Jul, 2018 12:00am
Women cast votes first time in Dir, Kohistan, NWA, SWA

Women cast votes first time in Dir, Kohistan, NWA, SWA

Despite hot and humid weather, a great enthusiasm was witnessed among male and female voters which were stood in long queues to elect their favourite leaders for next five years. Women in Dir, Kohistan, and North Waziristan Agency (NWA) and South Wazirist
Published 26 Jul, 2018 12:00am
Brisk and peaceful polling held in Karachi

Brisk and peaceful polling held in Karachi

The country's largest city on Wednesday witnessed a peaceful polling after decades of turmoil but the voters' sentiments remained a near to normal to cast their ballots.
Published 26 Jul, 2018 12:00am
Businessmen foresee coalition government

Businessmen foresee coalition government

It is too early to say who will emerge as the single largest party in the polls, says traders and industrialists. Some of them said that none of the leading parties, it seems, could secure simple majority that is required to form government, let alone abs
Published 26 Jul, 2018 12:00am
CNS discusses defence relations with Omani official

CNS discusses defence relations with Omani official

Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi, who is on an official visit to Oman and held separate meetings with Secretary General of Ministry of Defence Oman, Mohamed Bin Naseer AL-Rasby and Chief of Staff Sultan's Armed Forces, Lieutenant Gen
Published 26 Jul, 2018 12:00am
No untoward incident reported in metropolis

No untoward incident reported in metropolis

Amid high security arrangements, the general elections 2018 concluded peacefully for 65 seats of national and provincial assemblies in Karachi on Wednesday. No major clash or untoward incident was reported during polling. However, a cop namely Aziz-ur-Reh
Published 26 Jul, 2018 12:00am
Polling held peacefully in Hyderabad

Polling held peacefully in Hyderabad

The polling process in the 3 constituencies of National Assembly and 6 of the Sindh Assembly in Hyderabad concluded peacefully at 6 pm with a moderate voter turnout observed in the district where 1,049,586 people were registered to vote. Minutes before 6
Published 26 Jul, 2018 12:00am
President casts vote in Karachi

President casts vote in Karachi

President Mamnoon Hussain cast his vote in the general election in Greenwich University Karachi. His wife Begum Mahmooda Mamnoon also cast her vote in the same polling station early hours on Wednesday. After casting the vote, President expressed concerns
Published 26 Jul, 2018 12:00am
Aseefa, Bakhtawar cast vote in Nawabshah

Aseefa, Bakhtawar cast vote in Nawabshah

Daughters of former President, Asif Ali Zardari, Bakhtawar Bhutto Zardari and Aseefa Bhutto Zardari cast their vote in Nawabshah on Wednesday. Both cast their votes in Government Boys Primary School LBOD Colony for NA-213 and PS 38.
Published 26 Jul, 2018 12:00am
Bilawal casts vote in Naudero

Bilawal casts vote in Naudero

Chairman, Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Wednesday cast his vote at a polling station set up in Government Primary School, Naudero (Larkana). He reached polling station amid high security in the area. He waved his hand in tradition
Published 26 Jul, 2018 12:00am
Saeed Ghani not allowed to enter polling station

Saeed Ghani not allowed to enter polling station

Leader of Pakistan Peoples Party and PS-104 candidate, Saeed Ghani was not allowed to enter the Azam Basti polling station. LEAs restricted Saeed Ghani from entering the polling station due to the permission from polling staff. Saeed Ghani also had a conv
Published 26 Jul, 2018 12:00am
K-Electric ensures power supply to Karachi

K-Electric ensures power supply to Karachi

K-Electric teams remained fully alert on polling day to ensure availability of power supply in the whole city on the Election Day. KE's Power Monitoring Cell remained vigilant in monitoring the power situation across the city.
Published 26 Jul, 2018 12:00am
FIPI outflows continues from capital market

FIPI outflows continues from capital market

The outflows continued from Pakistan's capital market as the foreign investors are continuously offloading their holdings and withdrawing their investment from the local stock exchange. According to National Clearing Company of Pakistan Limited data, the
Published 26 Jul, 2018 12:00am
Mandviwala casts vote in Karachi

Mandviwala casts vote in Karachi

Deputy Chairman of Senate Saleem Mandviwala Wednesday said that it's a historic day (the polling day) and citizens have great affection to the democracy.
Published 26 Jul, 2018 12:00am
Election 2018: EU observers to release preliminary report tomorrow

Election 2018: EU observers to release preliminary report tomorrow

The European Union Election Observation Mission in Pakistan has observed a total of 87 constituencies with its total 120 observers and vowed to release its preliminary observation report on this Friday. The EU chief observer Michael Gahler on Wednesday vi
Published 26 Jul, 2018 12:00am
Over 0.1 million cops performed election duties in Punjab

Over 0.1 million cops performed election duties in Punjab

Punjab police officers and officials set unprecedented examples with their hard work, impartiality and dutifulness during polling day in all districts of the province. More than one Lac officers and officials were deputed for security and patrolling durin
Published 26 Jul, 2018 12:00am
Ruth Pfau CHK being supplied contaminated water

Ruth Pfau CHK being supplied contaminated water

Drinking water being supplied to the Sindh government-run hospital, Dr Ruth Pfau Civil Hospital Karachi is contaminated and not fit for human consumption, said sources. The polluted water has been supplied to the Civil Hospital Karachi for several weeks b
Published 26 Jul, 2018 12:00am
KP Election commissioner seeks report of Swabi clash

KP Election commissioner seeks report of Swabi clash

Provincial Election Commissioner has sought report from Deputy Commissioner Swabi into the armed clash between activists of Awami National Party (ANP) and Pakistan Tehreek-e-Insaf (PTI) at a polling station in Swabi district. Police said a worker of PTI w
Published 26 Jul, 2018 12:00am
Quetta blast: PM assures CM of cooperation in investigation

Quetta blast: PM assures CM of cooperation in investigation

Caretaker Prime Minister former Justice Nasir ul Mulk telephoned Chief Minister Balochistan Alauddin Marri on Wednesday and assured that the federal government will extend full cooperation in investigating the suicide blast that took place in Quetta and c
Published 26 Jul, 2018 12:00am
Pakistan slams Israel's discriminatory policy against Palestinians

Pakistan slams Israel's discriminatory policy against Palestinians

Pakistan has told the UN Security Council that Israel's latest law, which defines the country as a nation-state of the Jewish people, was a "vivid manifestation" of Tel Aviv's consistent policy of discrimination against Palestinians, and called for boosti
Published 26 Jul, 2018 12:00am
Secretary Information visits APP Election Cell

Secretary Information visits APP Election Cell

Federal Information Secretary, Sardar Ahmed Nawaz Sukhera on Wednesday visited the Election Cell of Associated Press of Pakistan (APP) to review the arrangements made by the news agency for timely and accurate dissemination of election results across the
Published 26 Jul, 2018 12:00am
Marriyum alleges massive rigging

Marriyum alleges massive rigging

Expressing serious concerns over unofficial early results, Pakistan Muslim League-Nawaz (PML-N) leaders on Wednesday night claimed that a massive rigging is taking place in several polling stations throughout the country, according to Aaj News. Speaking t
Published 26 Jul, 2018 12:00am
Chashma Sugar Mills Limited

Chashma Sugar Mills Limited

Chashma Sugar Mills Limited (PSX: CHAS) is the fourth largest sugar mill in the country, and the largest outside of Punjab. The company was incorporated in 1988 and commenced its business in marketing year 1992-93. While the registered offices of the comp
Published 26 Jul, 2018 12:00am
Chashma Sugar Mills Limited

Chashma Sugar Mills Limited

Chashma Sugar Mills Limited (PSX: CHAS) is the fourth largest sugar mill in the country, and the largest outside of Punjab. The company was incorporated in 1988 and commenced its business in marketing year 1992-93. While the registered offices of the comp
Published 26 Jul, 2018 12:00am
Caretaker government fulfills promise of fair elections: minister

Caretaker government fulfills promise of fair elections: minister

Expressing satisfaction over smooth conduct of general elections 2018, Federal Information Minister Syed Ali Zafar has said the caretaker government had fulfilled its pledge of free, fair and transparent elections in the country. He said this while talkin
Published 26 Jul, 2018 12:00am
Askari praises arrangements

Askari praises arrangements

Caretaker Chief Minister Punjab Dr Hasan Askari on Wednesday visited election monitoring control room at Civil Secretariat and reviewed the election monitoring process. Expressing his satisfaction over the arrangements, Dr Askari said the best possible ar
Published 26 Jul, 2018 12:00am
Shahbaz vows to change country's destiny

Shahbaz vows to change country's destiny

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif has expressed his firm resolve to change the country's destiny, putting an end to unemployment, improving education and health facilities and building the Diamer-Bhasha dam. He said this while
Published 26 Jul, 2018 12:00am
Facilities provided at 'election city' highlighted

Facilities provided at 'election city' highlighted

Secretary Information & Culture Punjab Bilal Ahmed Butt visited election city in electronic media established by Directorate General Public Relations. DGPR Nabeela Ghazanfer, Director News Chaudhry Muhammad Arif, Director Electronic Media Abid Noor Bhatti
Published 26 Jul, 2018 12:00am
Nawaz seeking a deal out of prison, claims Aitzaz

Nawaz seeking a deal out of prison, claims Aitzaz

There are been considerable reports that former prime minister Nawaz Sharif is seeking a deal out of prison and has offered to go abroad in return. However, Pakistan Peoples Party (PPP) leader Aitzaz Ahsan said he believes that Nawaz Sharif will not be ab
Published 26 Jul, 2018 12:00am
PML-N terms poll process 'very slow'

PML-N terms poll process 'very slow'

The Pakistan Muslim League-Nawaz (PML-N) leaders in a hurriedly called press conference here at the PML-N Secretariat Model Town on Wednesday demanded an hour extension in the polling time till 700 pm. PML-N leader Mushahid Hussain Sayed accompanied by Dr
Published 26 Jul, 2018 12:00am
Media denied entry into number of polling stations

Media denied entry into number of polling stations

Despite clear cut instructions and issuance of accreditation cards by the Election Commission of Pakistan, media persons were denied entrance into many polling stations by personnel of the Pakistan Army during the General Elections 2018 on Wednesday. Secu
Published 26 Jul, 2018 12:00am
Low turnout of voters in Lahore attributed to inclement weather

Low turnout of voters in Lahore attributed to inclement weather

Humidity in the morning and rains in the afternoon restrained a number of voters from reaching polling stations and casting votes their favourite candidates on Wednesday. The humidity level in the air was recorded at 91 percent that forced the voters to s
Published 26 Jul, 2018 12:00am
EU election observers monitor electoral process in Lahore

EU election observers monitor electoral process in Lahore

Chief Observer of European Union Election Observation Mission Michael Gahler visited various polling stations in the provincial metropolis and closely monitored the electoral process. "We will give an overall preliminary statement on Friday because we are
Published 26 Jul, 2018 12:00am
US MIDDAY: gold gains

US MIDDAY: gold gains

Gold ticked higher on Wednesday, but was still hovering near one-year lows as the dollar slipped, while a lack of clarity over where a trade dispute between the United States and Europe is heading kept markets mostly rangebound. Spot gold rose 0.6 percent
Published 26 Jul, 2018 12:00am
US MIDDAY: wheat futures jump

US MIDDAY: wheat futures jump

US wheat futures surged to eight-week highs on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also re
Published 26 Jul, 2018 12:00am
Gold steadies near one-year low in Europe
Currency

Gold steadies near one-year low in Europe

Gold steadied near one-year lows on Wednesday as the dollar slipped, while lack of clarity over where a trade dispute between the United States and Europe is heading kept most markets range-bound. Spot gold was up 0.8 percent at $1,233.57 an ounce at 1339
Published 26 Jul, 2018 12:00am
Gold prices up in Asia

Gold prices up in Asia

Gold prices inched higher on Wednesday as the dollar held steady ahead of a meeting between the US and European Commission presidents to discuss trade-related issues. Spot gold was up 0.2 percent at $1,226.19 an ounce at 0719 GMT. US gold futures for Augu
Published 26 Jul, 2018 12:00am
Gold higher in New York

Gold higher in New York

Gold inched higher on Tuesday as the US dollar slipped and market watchers anticipated US economic growth data on Friday. Spot gold gained 0.13 percent at $1,225.70 per ounce by 1:36 p.m. EDT (1736 GMT), while US gold futures for August delivery settled d
Published 26 Jul, 2018 12:00am
Cocoa extends tumble to near five-month lows

Cocoa extends tumble to near five-month lows

Cocoa prices on ICE fell to their lowest in around five months on Wednesday, pressured by follow-through selling below key technical levels while fundamental dealers eyed expectations for strong production in West Africa. September New York cocoa settled
Published 26 Jul, 2018 12:00am
Palm oil hits three-year low, before rebounding
Vegetable Oil

Palm oil hits three-year low, before rebounding

Malaysian palm oil futures fell to a near three-year low on Wednesday before reversing course as new demand emerged. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.5 percent at 2,163 ringgit ($534)
Published 26 Jul, 2018 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures rose on Wednesday, snapping a four-session losing streak and recovering from a 22-month low hit the previous day, helped by gains in Shanghai futures and as investors looked for bargains. The TOCOM rubber contract for Decemb
Published 26 Jul, 2018 12:00am
Oil gains as US crude stocks fall to lowest since February 2015

Oil gains as US crude stocks fall to lowest since February 2015

Oil prices rose for the second consecutive day on Wednesday after US government data showed domestic crude inventories fell to their lowest since February 2015, easing worries about oversupply that have weighed on markets in recent weeks. Brent crude futu
Published 26 Jul, 2018 12:00am
Copper clings to gains on outstanding wage deal at Escondia mine

Copper clings to gains on outstanding wage deal at Escondia mine

Copper held at two-week highs on Wednesday after jumping nearly 3 percent the previous session, as the market awaited a resolution to wage talks at the world's largest miner of the industrial metal. BHP's Escondida mine in Chile said on Tuesday it had mad
Published 26 Jul, 2018 12:00am
Shanghai copper jumps

Shanghai copper jumps

Shanghai copper hit a three-week high on Wednesday, tracking Tuesday's gain in London Metal Exchange prices as the prospect of a strike at the world's largest copper mine loomed large. The most-traded September copper contract on the Shanghai Futures Exch
Published 26 Jul, 2018 12:00am
China's gold output falls 7.9 percent

China's gold output falls 7.9 percent

China's gold output fell by 7.9 percent in the first half of this year to 190.28 tonnes due to an environmental crackdown on illegal mining, Xinhua News Agency reported on Wednesday, citing figures from the China Gold Association.
Published 26 Jul, 2018 12:00am
UN Palestinian agency to axe 250 jobs after US funding cuts

UN Palestinian agency to axe 250 jobs after US funding cuts

The United Nations agency for Palestinian refugees announced Wednesday it was cutting more than 250 jobs in the Palestinian territories after the United States held back hundreds of millions in aid. In total, 154 employees in the occupied West Bank and 11
Published 26 Jul, 2018 12:00am
Three killed as Israel strikes Gaza in fresh flare-up

Three killed as Israel strikes Gaza in fresh flare-up

Three Palestinians were killed in Israeli strikes in the Gaza Strip on Wednesday, the enclave's health ministry announced, as Israel's army said it was hitting Hamas after its soldiers came under fire. The flare-up comes five days after a United Nations-b
Published 26 Jul, 2018 12:00am
Landslides kill five near Rohingya camps in Bangladesh

Landslides kill five near Rohingya camps in Bangladesh

Landslides triggered by monsoon rains killed at least five children Wednesday near camps on the Bangladesh-Myanmar border housing one million Rohingya refugees, police said. Aid agencies have been warning of the potential for catastrophe as heavy rains la
Published 26 Jul, 2018 12:00am
Russian trains to end dependence on Moscow time

Russian trains to end dependence on Moscow time

Russia on Tuesday announced that it will stop running all long-distance trains across its 11 time zones on Moscow time (GMT+3), ending a frequent cause of confusion for travellers. Russian Railways, the state monopoly, said it made the move to "improve th
Published 26 Jul, 2018 12:00am
Liquid water lake discovered on Mars

Liquid water lake discovered on Mars

A massive underground lake has been detected for the first time on Mars, raising the possibility that more water - and maybe even life - exists there, international astronomers said Wednesday. Located under a layer of Martian ice, the lake is about 12 mil
Published 26 Jul, 2018 12:00am
Fiat boss Marchionne dies

Fiat boss Marchionne dies

Fiat Chrysler's visionary boss Sergio Marchionne has died, after driving the Italian auto giant to success for 14 years, holding company Exor announced Wednesday. "It is with the deepest sadness that EXOR has learned of the passing of Sergio Marchionne,"
Published 26 Jul, 2018 12:00am
EU to fund new HQ for G5 Sahel force

EU to fund new HQ for G5 Sahel force

The EU will finance the construction of a new headquarters for the Sahel's five-nation anti-terror force in Mali, after the destruction of the former HQ in a jihadist attack that left three dead at the end of June, the bloc's foreign policy chief said Wed
Published 26 Jul, 2018 12:00am
South Sudan foes sign 'preliminary' power-sharing deal

South Sudan foes sign 'preliminary' power-sharing deal

South Sudanese arch-foes on Wednesday signed a "preliminary" power-sharing deal aimed at ending the civil war, with a Sudanese minister saying it sees rebel leader Riek Machar reinstated as first vice president. Khartoum, as part of regional efforts to en
Published 26 Jul, 2018 12:00am
Sri Lanka waives debt for 200,000 women

Sri Lanka waives debt for 200,000 women

Sri Lanka announced Wednesday it would waive debts for 200,000 women unable to repay microfinance loans and cap lending rates after a number of borrowers in drought-hit areas killed themselves. Government spokesman Rajitha Senaratne said women in a dozen
Published 26 Jul, 2018 12:00am
US, HK airlines bend to Chinese pressure on Taiwan

US, HK airlines bend to Chinese pressure on Taiwan

Beijing hailed "positive steps" as major US airlines and Hong Kong's flag carrier moved to comply Wednesday with its demand to list Taiwan as part of China, sparking anger on the island. Taiwan is a self-ruling democracy but Beijing considers it part of i
Published 26 Jul, 2018 12:00am
Modi plans 18 new African embassies

Modi plans 18 new African embassies

India will open 18 new embassies across Africa, Prime Minister Narendra Modi told Uganda's parliament on Wednesday during a charm-offensive tour of the continent. Rounding off a two-day visit to Kampala, Modi also announced the donation of a badly-needed
Published 26 Jul, 2018 12:00am
Deadly caste violence hits Indian state

Deadly caste violence hits Indian state

Violent protests by an Indian community demanding quotas for government jobs erupted in the western state of Maharashtra for a third day on Wednesday, officials said. Protests have been growing across the state since Monday, when a Maratha community activ
Published 26 Jul, 2018 12:00am
UAE, Palestine added to Asian Games football

UAE, Palestine added to Asian Games football

The United Arab Emirates and Palestine were Wednesday officially added to the football tournament at the Asian Games after they were accidentally omitted from the original draw. The Asian Football Confederation (AFC) conducted a limited re-draw at their h
Published 26 Jul, 2018 12:00am
Middlesex mourn wicket-keeping great Murray

Middlesex mourn wicket-keeping great Murray

Former England wicket-keeper John 'JT' Murray has died aged 83, his club Middlesex announced Wednesday. Murray was taken ill at Lord's, Middlesex's home ground, following the completion of their dramatic County Championship win against Warwickshire on Tue
Published 26 Jul, 2018 12:00am
Russia's Youzhny to end ATP tennis career

Russia's Youzhny to end ATP tennis career

Veteran Russian tennis star Mikhail Youzhny said on Tuesday that he would retire from the ATP Tour following the St. Petersburg Open tournament in mid-September. The 36-year-old from Moscow made the announcement after winning his first round match at the
Published 26 Jul, 2018 12:00am
Ajaz Patel in New Zealand Test squad to face Pakistan

Ajaz Patel in New Zealand Test squad to face Pakistan

Indian-born spinner Ajaz Patel was named Wednesday in the New Zealand Test squad to play Pakistan in a three-match series in the United Arab Emirates in October. Patel, 29, has been the leading wicket taker in New Zealand's domestic Plunket Shield for the
Published 26 Jul, 2018 12:00am
Thomas keeps yellow as Quintana wins Tour's 17th stage

Thomas keeps yellow as Quintana wins Tour's 17th stage

Britain's Geraint Thomas moved a step closer to winning the Tour de France after pushing Sky teammate Chris Froome down the standings on a 17th stage won by Colombia's Nairo Quintana on Wednesday. Thomas held an overnight lead of 1min 39sec on compatriot
Published 26 Jul, 2018 12:00am
Smith continues return with Caribbean spell

Smith continues return with Caribbean spell

Former Australia captain Steve Smith will continue his return to competitive cricket in the Caribbean Premier League (CPL) next month after signing up to replace Shakib Al Hasan in the Twenty20 league. The 29-year-old batsman has already played in the Glo
Published 26 Jul, 2018 12:00am
Serena claims 'discrimination' over drug tests
Kerb

Serena claims 'discrimination' over drug tests

Serena Williams claims she is the victim of "discrimination" by US doping chiefs who are testing her more than other players. At Wimbledon Williams slammed "shocking" treatment over excessive targeting from testers in the run-up to the second Grand Slam o
Published 26 Jul, 2018 12:00am
Ozil has 'respect of every player': Arsenal boss

Ozil has 'respect of every player': Arsenal boss

Arsenal boss Unai Emery said Mesut Ozil has nothing but respect from his team-mates after his decision to quit Germany's national team claiming racism sparked uproar in his home country. Emery on Wednesday said Arsenal were taking pains to make sure Ozil,
Published 26 Jul, 2018 12:00am
Lee out of badminton World Championships, Asian Games

Lee out of badminton World Championships, Asian Games

Malaysian badminton star Lee Chong Wei has pulled out of the World Championships and Asian Games because of a respiratory illness, officials said Wednesday, after a gruelling schedule in recent months. The world number two has been advised to rest and und
Published 26 Jul, 2018 12:00am
Erdogan accused of using Ozil saga to push Turkey's Euro 2024 bid

Erdogan accused of using Ozil saga to push Turkey's Euro 2024 bid

German politicians on Wednesday accused Turkish President Recep Tayyip Erdogan of using Mesut Ozil's controversial retirement from international football to boost Turkey's bid to host Euro 2024 - and weaken Germany's. On Sunday, Ozil, 29, dropped a bombsh
Published 26 Jul, 2018 12:00am
Pavard wins World Cup goal of the tournament

Pavard wins World Cup goal of the tournament

France right-back Benjamin Pavard has won the 2018 World Cup goal of the tournament award for his stunning strike against Argentina, FIFA announced on Wednesday. The 22-year-old Stuttgart defender ran onto a left-wing cross from Lucas Hernandez and sent a
Published 26 Jul, 2018 12:00am
Police question Sri Lanka cricketer over hotel rape

Police question Sri Lanka cricketer over hotel rape

Sri Lankan police have questioned a player for the national cricket team after a Norwegian woman was allegedly raped in a hotel room while he was present, an official said Wednesday.
Published 26 Jul, 2018 12:00am
After a half a century, Burnley make European return

After a half a century, Burnley make European return

The second qualifying round of the Europa League may not set many pulses racing, but for Burnley a return to continental competition after 51 years is a cause for celebration. On Thursday, the Lancashire club return to UEFA action, when they face Aberdeen
Published 26 Jul, 2018 12:00am
Aussie, kiwi down
Currency

Aussie, kiwi down

The Australian dollar faltered on Wednesday after data showed inflation remained stubbornly low last quarter despite relatively brisk economic growth, cementing the case against a rise in interest rates for months to come. The Australian dollar drifted ba
Published 26 Jul, 2018 12:00am
Sri Lankan rupee steadies
Currency

Sri Lankan rupee steadies

The Sri Lankan rupee ended steady on Wednesday as dollar demand from importers offset greenback selling by exporters, traders said. The rupee closed steady at 159.50/60 per dollar, compared with Tuesday. It has declined 3.9 percent so far this year and hi
Published 26 Jul, 2018 12:00am
Sterling adds to recent gains
Currency

Sterling adds to recent gains

The pound rose on Wednesday to its highest in a week as traders bet that Prime Minister Theresa May's decision to take control of Brexit negotiations would make it easier to agree a divorce deal with Brussels. With less than nine months before Britain is
Published 26 Jul, 2018 12:00am
Yuan edges up
Currency

Yuan edges up

China's yuan inched up slightly and consolidated around the key 6.8 per dollar level on Wednesday, due largely to a stable greenback before a meeting of US and European leaders. The dollar was little changed against a basket of six other major currencies
Published 26 Jul, 2018 12:00am
SA rand up

SA rand up

South Africa's rand extended earlier gains to a one-week high on Wednesday on renewed interest from foreign investors, especially those forced to cover bearish bets following Tuesday's surprise rally on news of massive investment by China. At 1415 GMT the
Published 26 Jul, 2018 12:00am
Most Asian currencies muted ahead of US-EU talks

Most Asian currencies muted ahead of US-EU talks

Most Asian currencies were treading water on Wednesday ahead of a meeting between the presidents of the United States and European Commission, with the uncertainty from a deepening trade dispute discouraging nervous investors. US President Donald Trump an
Published 26 Jul, 2018 12:00am
Canadian dollar rises
Currency

Canadian dollar rises

The Canadian dollar nudged higher versus the greenback on Tuesday in step with higher oil prices, while domestic 10-year government yield reached a five-week peak, supported by the view of solid economic growth. News that China will adopt a more vigorous
Published 26 Jul, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Wednesday. 83.75-83.75 (Previous 83.75-83.75).
Published 26 Jul, 2018 12:00am
Euro pares gains; sterling up in New York
Currency

Euro pares gains; sterling up in New York

The euro ceded its gains on Tuesday as robust but lower-than-expected business growth data did not alter market expectations that rates in the United States and the euro zone will continue to diverge. IHS Markit's Euro Zone Composite Flash Purchasing Mana
Published 26 Jul, 2018 12:00am
Euro up in Europe ahead of Trump-Juncker talks
Currency

Euro up in Europe ahead of Trump-Juncker talks

The euro edged higher on Wednesday ahead of a meeting between US President Donald Trump and European Commission President Jean-Claude Juncker but gains were limited with investors cautious about a trade rift between the two powers. Lack of clarity over wh
Published 26 Jul, 2018 12:00am
Dollar, euro stay in narrow ranges in Asia
Currency

Dollar, euro stay in narrow ranges in Asia

The dollar and euro barely moved on Wednesday, ahead of a meeting between US President Donald Trump and European Commission President Jean-Claude Juncker at a time investors are focussed on the trade rift between the two economic powers. The dollar index
Published 26 Jul, 2018 12:00am
Mining shares drag FTSE lower, but ITV shines

Mining shares drag FTSE lower, but ITV shines

The UK's top share index fell on Wednesday as mining stocks lost ground, with earnings in focus as ITV and Informa issued updates. The blue-chip FTSE 100 index fell 0.7 percent at 7,658.26 points. Mid caps declined 0.5 percent.
Published 26 Jul, 2018 12:00am
Most Southeast Asian stocks higher

Most Southeast Asian stocks higher

Most Southeast Asian stock markets rose on Wednesday tracking strong broader Asia, with Singapore shares gaining more than 1 percent led by financials. Asian shares ex-Japan rose for a second straight session boosted by an upbeat Wall Street overnight and
Published 26 Jul, 2018 12:00am
Australian stocks fall; New Zealand up

Australian stocks fall; New Zealand up

Australian shares closed lower on Wednesday, as investors took profit on recent financials sector gains, which offset moves higher in materials stocks on the bank of higher commodities prices. The S&P/ASX 200 index fell 0.3 percent, or 18.2 points to 6,24
Published 26 Jul, 2018 12:00am
Auto warnings hit European shares before trade meeting

Auto warnings hit European shares before trade meeting

Warnings from carmakers Fiat Chrysler and General Motors weighed on European shares on Wednesday as investors braced for a high-level trade meeting in Washington. European Commission President Jean-Claude Juncker and Donald Trump were expected to focus on
Published 26 Jul, 2018 12:00am
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