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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-10-10
US MIDDAY: gold flat

US MIDDAY: gold flat

Gold was steady on Tuesday as pressure from the dollar's strength and a bullish US rate outlook was balanced by falling stock markets. Spot gold was unchanged at $1,188.20 per ounce as of 1422 p.m. EDT (1822 GMT), after earlier touching its lowest since S
Published 10 Oct, 2018 12:00am
Government ought to have taken IMF decision on day one: Pasha

Government ought to have taken IMF decision on day one: Pasha

The delay in dealing with the challenge of external account deficit by the Khan-led administration is responsible for the sudden massive weakening of the rupee against the dollar which has added Rs 900 billion to external debt in one day. Former finance m
Published 10 Oct, 2018 12:00am
Government ought to have taken IMF decision on day one: Pasha

Government ought to have taken IMF decision on day one: Pasha

The delay in dealing with the challenge of external account deficit by the Khan-led administration is responsible for the sudden massive weakening of the rupee against the dollar which has added Rs 900 billion to external debt in one day. Former finance m
Published 10 Oct, 2018 12:00am
Government ought to have taken IMF decision on day one: Pasha

Government ought to have taken IMF decision on day one: Pasha

The delay in dealing with the challenge of external account deficit by the Khan-led administration is responsible for the sudden massive weakening of the rupee against the dollar which has added Rs 900 billion to external debt in one day. Former finance m
Published 10 Oct, 2018 12:00am
Haley resigns as Trump's UN ambassador

Haley resigns as Trump's UN ambassador

Nikki Haley abruptly resigned Tuesday as the US ambassador to the United Nations, in the latest departure from President Donald Trump's often shifting national security team. Meeting Haley in the Oval Office, Trump said she had done a "fantastic job" and
Published 10 Oct, 2018 12:00am
Haley resigns as Trump's UN ambassador

Haley resigns as Trump's UN ambassador

Nikki Haley abruptly resigned Tuesday as the US ambassador to the United Nations, in the latest departure from President Donald Trump's often shifting national security team. Meeting Haley in the Oval Office, Trump said she had done a "fantastic job" and
Published 10 Oct, 2018 12:00am
Recourse to the IMF always a last resort?

Recourse to the IMF always a last resort?

Prime Minister Imran Khan has given approval to seek an International Monetary Fund (IMF) bailout package of around 6 to 7 billion dollars, or within the limit set by Pakistan's remaining quota, making it the third civilian administration to go on a Fund
Published 10 Oct, 2018 12:00am
The focus on accountability

The focus on accountability

At his first news conference as prime minister, Imran Khan railed against the previous two governments for the accumulation of huge internal and external debts, and causing the current economic crisis. Saying that fighting corruption and recovering looted
Published 10 Oct, 2018 12:00am
Pakistan goes to the IMF!

Pakistan goes to the IMF!

In a dramatic development, the government has decided to go to the IMF for help. Even a day earlier, this was not on the agenda. The Prime Minister, in his press conference in Lahore on 7 October, spent a great deal of time stressing his desire to seek fr
Published 10 Oct, 2018 12:00am
Back to the IMF
Kerb

Back to the IMF

Except for a miracle happening, one does not see Pakistan avoiding an IMF programme much longer. Of course, if we could get swap arrangement of say $3-5 billion from China and/or from Saudi Arabia (deposit in State Bank of Pakistan) we could delay going t
Published 10 Oct, 2018 12:00am
EU set to clear start of talks to boost US beef imports

EU set to clear start of talks to boost US beef imports

European Union countries are on the verge of agreeing to start negotiations with the United States to allow more US beef into Europe, in what could be a major move to defuse transatlantic trade tensions.
Published 10 Oct, 2018 12:00am
'Plus Ca Change...'

'Plus Ca Change...'

This is apropos a Business Recorder editorial "Plus Ca Change..." carried by the newspaper yesterday. The newspaper has argued, among other things, that "The victims' parents can now derive some comfort from the fact that their repeated pleas over
Published 10 Oct, 2018 12:00am
PBC hails government's move of approaching IMF

PBC hails government's move of approaching IMF

The Pakistan Business Council (PBC), welcomes the government's announcement to engage in talks with the IMF aimed at stabilizing the economy. The PBC in its 100-Day Economic Agenda for the Incoming Government issued before the general elections had recomm
Published 10 Oct, 2018 12:00am
ECP suspends Punjab IGP's transfer

ECP suspends Punjab IGP's transfer

The Election Commission of Pakistan (ECP) Tuesday suspended the federal government's decision to replace Inspector General of Police (IGP) Punjab Tahir Khan with Amjad Javed Saleemi. The Establishment Division on Tuesday issued a notification to appoint A
Published 10 Oct, 2018 12:00am
Nawaz terms Shahbaz's arrest political revenge

Nawaz terms Shahbaz's arrest political revenge

While terming arrest of President Pakistan Muslim League-Nawaz (PML-N) Shehbaz Sharif a political revenge, former Prime Minister Nawaz Sharif Tuesday said that his government should have reviewed National Accountability Bureau (NAB) laws.
Published 10 Oct, 2018 12:00am
CJ takes notice of non-availability of courts, police in Fata

CJ takes notice of non-availability of courts, police in Fata

Chief Justice Mian Saqib Nisar took notice of non-availability of courts and police in Tribal Areas since the passage of the 25th constitutional amendment. He issued notices to Attorney General for Pakistan, advocate general Khyber Pakhtunkhwa, secretary
Published 10 Oct, 2018 12:00am
PTI's legislative business moves at a snail's pace

PTI's legislative business moves at a snail's pace

The Pakistan Tehreek-e-Insaf (PTI) government's legislative business is as slow as it was during the past two tenures of PPP and PML-N, as it has introduced no bill in Parliament so far after the passage of 49 days since the party took charge on August 20
Published 10 Oct, 2018 12:00am
Contempt of court case: Talal's appeal against conviction dismissed

Contempt of court case: Talal's appeal against conviction dismissed

The Supreme Court on Tuesday dismissed an appeal of Pakistan Muslim League-Nawaz leader Talal Chaudhry against his conviction in the contempt of court case. A five-member larger bench, headed by Chief Justice Mian Saqib Nisar heard the appeal. At the star
Published 10 Oct, 2018 12:00am
Pakistan to import 48 Chinese drones: report

Pakistan to import 48 Chinese drones: report

Pakistan will reportedly import 48 Chinese drones in what a Chinese military observer said must be the largest such arms deal of its kind. Announcing the deal on its official Facebook account, the Pakistan Air Force's Sherdils Aerobatic Team did not revea
Published 10 Oct, 2018 12:00am
CM for intensifying drive against polio, measles

CM for intensifying drive against polio, measles

Sindh Chief Minister Syed Murad Ali Shah has reiterated his resolve to eradicate polio and measles from the province of Sindh by intensifying vaccination campaigns and launching awareness drives. He expressed his views on said diseases, presiding over a m
Published 10 Oct, 2018 12:00am
PIACL placed in PSX's defaulters' segment

PIACL placed in PSX's defaulters' segment

Pakistan International Airlines Corporation Limited has been placed in the Defaulters' Segment of the Pakistan Stock Exchange (PSX) with effect from Wednesday, October 10, 2018 (today). In its notice sent to all concerned, Pakistan Stock Exchange said tha
Published 10 Oct, 2018 12:00am
Dubai Islamic Bank Pakistan earns Rs 1,853 million profit after tax

Dubai Islamic Bank Pakistan earns Rs 1,853 million profit after tax

Dubai Islamic Bank Pakistan Limited (wholly owned subsidiary of Dubai Islamic Bank UAE) in its recent board meeting held in Dubai on October 08, 2018, approved the condensed interim financial statements of the bank for the nine months period ended Septemb
Published 10 Oct, 2018 12:00am
Dubai Islamic Bank Pakistan earns Rs 1,853 million profit after tax

Dubai Islamic Bank Pakistan earns Rs 1,853 million profit after tax

Dubai Islamic Bank Pakistan Limited (wholly owned subsidiary of Dubai Islamic Bank UAE) in its recent board meeting held in Dubai on October 08, 2018, approved the condensed interim financial statements of the bank for the nine months period ended Septemb
Published 10 Oct, 2018 12:00am
KE carries out development work

KE carries out development work

As part of K-Electric's $450 million transmission enhancement plan (TP-1000) to add 1000 MVA to its network, development work was carried out on Old Town grid and associated transmission lines. According to K-Electric spokesperson, a planned power shutdow
Published 10 Oct, 2018 12:00am
DUHS-DICE health show begins on October 12

DUHS-DICE health show begins on October 12

Chairman of DICE Foundation- a US based NGO- Khursheed Quraishi has arrived Karachi along with his delegation to participate 2-day Science Project Exhibition DUHS DICE 2018 that is beginning from Friday at Expo Centre Karachi.
Published 10 Oct, 2018 12:00am
Marriyum demands Imran's resignation over IMF bailout package

Marriyum demands Imran's resignation over IMF bailout package

Pakistan Muslim League-Nawaz (PML-N) Tuesday demanded Prime Minister Imran Khan's resignation following his government's announcement to approach the International Monetary Fund (IMF) for a bailout package to address the mounting balance of payments crisi
Published 10 Oct, 2018 12:00am
Consumers' purchasing decisions influenced by trademarks, CCP observes

Consumers' purchasing decisions influenced by trademarks, CCP observes

The Competition Commission of Pakistan (CCP) has observed that consumers' purchasing decisions are influenced by trademarks and the reputation such brands represent, reflecting importance of trademark and trade dress in the modern day business environment
Published 10 Oct, 2018 12:00am
TCL launches C6 UHD Premium TV in Lahore

TCL launches C6 UHD Premium TV in Lahore

TCL, one of the world's top three TV brands, celebrated the launch of their C6 UHD TV Series in Pakistan with an event held at a local hotel on the 28th of September 2018. The Consular General, The People's Republic of China, Long Ding Bin was chief guest
Published 10 Oct, 2018 12:00am
Tax amnesty scheme: PTA approaches FBR for extension
Currency

Tax amnesty scheme: PTA approaches FBR for extension

Pakistan Tax Advisors Association (PTAA) has approached Federal Board of Revenue (FBR) for extension in tax amnesty scheme up to November 30, 2018 to generate additional revenue by bringing un-declared foreign assets held aboard.
Published 10 Oct, 2018 12:00am
PM asks bureaucracy to translate political vision into reality

PM asks bureaucracy to translate political vision into reality

Prime Minister Imran Khan has said that government's policy of de-politicization of institutions, meritocracy and transparency offered a great opportunity to bureaucracy to improve its performance and play its due role in translating political vision into
Published 10 Oct, 2018 12:00am
Strategy to build 5 million houses to be announced soon: Jhagra

Strategy to build 5 million houses to be announced soon: Jhagra

KP Minister for Finance, Taimur Saleem Jhagra has said that Prime Minister Imran Khan will soon announce the strategy to build 5 million houses all over the country. He was addressing the participants at the 1st International Conference on Regional Challe
Published 10 Oct, 2018 12:00am
KMC, HMWF launch plantation drive in Saddar

KMC, HMWF launch plantation drive in Saddar

To support nationwide plantation campaign and address growing issue of changing weather patterns, health professionals have also come up to play their part. A small scale campaign to plant 500 saplings has been launched in Saddar area here on Tuesday.
Published 10 Oct, 2018 12:00am
PepsiCo launches third edition of 'Change the Game Challenge'

PepsiCo launches third edition of 'Change the Game Challenge'

The Change the Game Challenge, launched by PepsiCo for the first time in 2016, is back. The goal of the competition is to harness ideas from youth on how to solve real business issues. For this year's Change the Game Challenge, participants are being aske
Published 10 Oct, 2018 12:00am
LCCI for resolving issue of rupee devaluation
Currency

LCCI for resolving issue of rupee devaluation

The Lahore Chamber of Commerce and Industry has urged the government to direct Ministry of Finance and State Bank of Pakistan to immediately intervene in the matter of rupee devaluation as it is bound to hit all the sectors of economy hard.
Published 10 Oct, 2018 12:00am
Domestic cement consumption up 18.90 percent in September

Domestic cement consumption up 18.90 percent in September

Domestic cement consumption bounced back in September after two months of lackluster growth registering a double digit increase compared with domestic consumption in the same month of last year. The continued buoyancy in exports helped the sector post an
Published 10 Oct, 2018 12:00am
Nutrition International hosts orientation workshop

Nutrition International hosts orientation workshop

The Nutrition International (NI) organized a provincial orientation workshop on Tuesday for journalists and media personnel on diarrhea prevention and management in children younger than five years. The workshop focused on the harmful effects of diarrhea
Published 10 Oct, 2018 12:00am
Female cycling race held at UAF

Female cycling race held at UAF

The University of Agriculture Faisalabad on Tuesday arranged female cycling race held in connection with Space Week celebrations in which 28 students of the Laboratory High School participated.
Published 10 Oct, 2018 12:00am
Rs 10 billion allocated for health card scheme: minister

Rs 10 billion allocated for health card scheme: minister

Denmark would help Punjab in its endeavours to promote healthy life at public level for prevention of diabetes and six healthy rooms at six selected schools of three districts would be established in this regard.
Published 10 Oct, 2018 12:00am
Huge gap between imports, export a challenge for government: PHMA

Huge gap between imports, export a challenge for government: PHMA

Widening gap between import and export is a challenge for the government as well as for the under training trade and commerce officers of the commerce and textile ministry, said Pakistani Hosiery and Manufacturers & Exporters Association (PHMA) North Zone
Published 10 Oct, 2018 12:00am
PBIT hails Saudi Arabia's interest in investment

PBIT hails Saudi Arabia's interest in investment

Punjab Board of Investment and Trade welcomed a high profile Saudi delegation led by Meshal Al Otaibi, General Manager, ARE Consultants and a number of key overseas Pakistani Diaspora interested to invest in Pakistan.
Published 10 Oct, 2018 12:00am
Bodies formed to check encroachment in Punjab

Bodies formed to check encroachment in Punjab

The Punjab government has decided to set up anti-encroachment committees in every district to monitor the ongoing operation against land-grabbers and encroachments. In this regard, a notification was issued on Tuesday. All the deputy commissioners of the
Published 10 Oct, 2018 12:00am
Nestlé, UVAS to work on agricultural water efficiency project

Nestlé, UVAS to work on agricultural water efficiency project

As part of its caring for water initiative, Nestlé Pakistan in collaboration with University of Veterinary and Animal Sciences (UVAS) inaugurated their latest Agricultural Water Efficiency Project at UVAS Ravi Campus, Pattoki.
Published 10 Oct, 2018 12:00am
Ports and shipping sector: minister highlights importance of automation

Ports and shipping sector: minister highlights importance of automation

Karachi Port Trust (KPT) hosted World Maritime Day Conference at a local hotel on Tuesday. The inaugural session and the technical sessions were chaired by Minister for Maritime Affairs Syed Ali Haider Zaidi which was attended by stakeholders belonging to
Published 10 Oct, 2018 12:00am
Governor visits SU

Governor visits SU

Governor Sindh Imran Ismail has said that he was the first-ever governor to have opened Sindh Governor's House to public to whom it essentially belonged. "I feel elated when I see common-folk of the country come visit Sindh Governor's House. I feel more d
Published 10 Oct, 2018 12:00am
Centre accused of not providing relief to Tharis

Centre accused of not providing relief to Tharis

Advisor to Chief Minister Sindh on Information, Law and Anti-Corruption Barrister Murtaza Wahab has said despite the notices were taken on Thar situation by the President and Prime Minister of Pakistan, no step has yet been taken by the federal government
Published 10 Oct, 2018 12:00am
SBP to issue Rs 50 Sir Syed Ahmed Khan commemorative coin

SBP to issue Rs 50 Sir Syed Ahmed Khan commemorative coin

Sir Syed Ahmed Khan was a renowned author, educationist and Muslim reformer of 19th Century, who laid the foundation of Muslim renaissance in Indo Pak sub-continent, which ultimately led to the creation of Pakistan in 1947. On 17th October 2017 the 200th
Published 10 Oct, 2018 12:00am
PSP chief demands economic emergency
Currency

PSP chief demands economic emergency

Pak Sarzameen Party (PSP) chairman Mustafa Kamal on Tuesday called for declaring economic emergency in the country by showing serious concern over the rapid increase in the value of dollar against rupee. PSP chief in a statement said new government has mi
Published 10 Oct, 2018 12:00am
SWC takes notice of Talpur Road's food street

SWC takes notice of Talpur Road's food street

Sindh Water Commission (SWC) on Tuesday took notice of establishment of food street on Mir Karam Ali Khan Talpur Road opposite Empress Market Saddar and directed the civic and police authorities to appear in the proceedings on October 11, 2018 in this reg
Published 10 Oct, 2018 12:00am
Workshop on diarrhoea prevention held

Workshop on diarrhoea prevention held

Nutrition International (NI) on Tuesday organized a provincial orientation workshop for journalists and media personnel on management and prevention of diarrhoea in children younger than five years. The workshop focused on the harmful effects of diarrhoea
Published 10 Oct, 2018 12:00am
SHC issues guidelines for investigation of sexual offences

SHC issues guidelines for investigation of sexual offences

Sindh High Court (SHC) has issued guidelines for investigation of sexual offences following hearing of a case related to rape with a three-and-half-year-old girl. An order of SHC bench headed by Justice Salahuddin Panhwar stated that main responsibility o
Published 10 Oct, 2018 12:00am
Cloud transformation drive: Pakistan posts robust growth: Oracle head

Cloud transformation drive: Pakistan posts robust growth: Oracle head

Pakistan has posted a robust growth in cloud transformation drive over the past few years with companies adopting emerging technologies to boost up their businesses, Country Head Applications at Oracle-Pakistan Syed Azam Abidi said on Tuesday.
Published 10 Oct, 2018 12:00am
Rural women's empowerment: Reckitt Benckiser launches 'Hope'

Rural women's empowerment: Reckitt Benckiser launches 'Hope'

In a bid to empower the women of rural areas of Punjab, the Reckitt Benckiser Pakistan has launched a project 'Hope' aiming at transforming rural women as change agents within their own communities and inspiring others to live healthier lives.
Published 10 Oct, 2018 12:00am
Balochistan Glass Limited
Mutual Funds

Balochistan Glass Limited

Incorporated as a public limited company in 1980, Balochistan Glass Limited (PSX: BGL) manufactures and sells glass containers, tableware and plastic shells. It commenced operations in 1983 and was acquired by the Gharibwal Group in 1999.
Published 10 Oct, 2018 12:00am
Balochistan Glass Limited
Mutual Funds

Balochistan Glass Limited

Incorporated as a public limited company in 1980, Balochistan Glass Limited (PSX: BGL) manufactures and sells glass containers, tableware and plastic shells. It commenced operations in 1983 and was acquired by the Gharibwal Group in 1999.
Published 10 Oct, 2018 12:00am
PPP senator slams PTI government for price hike

PPP senator slams PTI government for price hike

Senator Mustafa Nawaz Khokhar, the spokesman for Chairman Pakistan Peoples Party Bilawal Bhutto-Zardari, has said that the PTI government has pushed country towards several crises.
Published 10 Oct, 2018 12:00am
Managing external account - fiscal policy

Managing external account - fiscal policy

Further to my earlier article "Managing the external account - monetary policy", this is the second article of the three-part series of my articles on managing external account.
Published 10 Oct, 2018 12:00am
Video ad business booming in US

Video ad business booming in US

The video ad business is booming the US, with spending expected to grow 30 percent this year to $27.82 billion, an eMarketer forecast released Tuesday showed. Video ads will account for a quarter of overall digital ad spending this year, the market tracke
Published 10 Oct, 2018 12:00am
Euro hits seven-week low against dollar in New York
Currency

Euro hits seven-week low against dollar in New York

The euro fell to a seven-week low against the dollar on Monday on a spat between Italy and the European Union over Rome's budget plans, while the yuan weakened as Beijing's move to spur more lending failed to ease concern about economic growth. Sterling r
Published 10 Oct, 2018 12:00am
Euro falls in Europe
Currency

Euro falls in Europe

The euro fell to a seven-week low on Tuesday as the dollar rose broadly and concerns persisted about a row in the European Union over Italy's budget. The euro has tended not to budge in response to spikes in Italian bond yields triggered by developments i
Published 10 Oct, 2018 12:00am
Dollar slips against yen in Asia
Currency

Dollar slips against yen in Asia

The dollar dipped against the yen on Tuesday on simmering anxiety about higher US bond yields, the Sino-US trade war and political turmoil in Europe. The yen extended gains against the greenback to a fourth straight session, coming off an 11-month low of
Published 10 Oct, 2018 12:00am
FTSE ends flat, firmer cyclicals fail to lift Brexit cloud

FTSE ends flat, firmer cyclicals fail to lift Brexit cloud

Energy and mining stocks helped the FTSE 100 recover some of its losses on Tuesday, in a half-hearted bounce which left the index near its lowest in a month as Brexit negotiations and Italy's budget deficit continued to sap investors' appetite for risk.
Published 10 Oct, 2018 12:00am
Hong Kong shares down

Hong Kong shares down

Hong Kong shares ended lower on Tuesday as the Hang Seng index recorded its sixth consecutive day of loss, with concerns over slowing growth and the impact of an escalating Sino-US trade war weighing on investor sentiment.
Published 10 Oct, 2018 12:00am
Oil stocks and Milan help European shares bounce back

Oil stocks and Milan help European shares bounce back

European shares managed to end a choppy session in positive territory and above 6-month lows on Tuesday as concerns about a likely clash in Europe over Italy's budget plans eased and heavyweight energy stocks lifted benchmarks. The pan-European STOXX 600
Published 10 Oct, 2018 12:00am
Southeast Asian stocks: Philippines snaps three-day losing streak

Southeast Asian stocks: Philippines snaps three-day losing streak

Philippine shares snapped a three-day losing streak on Tuesday, while Singapore fell for a fourth straight session on caution ahead of a central bank meeting on Friday in which it is expected to slightly tighten the monetary policy.
Published 10 Oct, 2018 12:00am
Australian, New Zealand shares falter

Australian, New Zealand shares falter

Australian shares extended sharp declines on Tuesday and hovered near-four month lows, as concerns over growth outlook for the country's largest trading partner China dented sentiment. The S&P/ASX 200 index fell 1 percent, or 59.2 points, to 6,041.1 at th
Published 10 Oct, 2018 12:00am
Nasdaq drops for third day on global growth worries

Nasdaq drops for third day on global growth worries

The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat. Beijing announced a steep cut in the level of cash
Published 10 Oct, 2018 12:00am
Tuesday's early trade: Tech stocks prop up Wall Street

Tuesday's early trade: Tech stocks prop up Wall Street

The S&P 500 and the Nasdaq rose for the first time in four days on Tuesday, boosted by a rebound in technology stocks, but gains were kept in check after the International Monetary Fund said the Sino-US trade war would slow global growth. The IMF cut glob
Published 10 Oct, 2018 12:00am
Tokyo stocks down for fourth straight session

Tokyo stocks down for fourth straight session

Tokyo stocks fell for a fourth consecutive session Tuesday, dragged down by a strong yen and worries over China, while a system glitch affected part of the trading day. The benchmark Nikkei 225 index lost another 1.32 percent or 314.33 points to close at
Published 10 Oct, 2018 12:00am
Brazil stocks climb
Currency

Brazil stocks climb

Brazil's real firmed more than 2 percent on Monday and stocks were on track to mark their highest close in nearly five months, after a strong first-round showing for far-right presidential candidate Jair Bolsonaro raised hopes for much needed economic ref
Published 10 Oct, 2018 12:00am
Saudi index falls on banks, most of Gulf moves little

Saudi index falls on banks, most of Gulf moves little

Most major Gulf stock markets moved little on Tuesday with Saudi Arabia pressured by banking stocks, while Egypt was marginally lower after plunging to a 12-month low on Monday as margin calls hit local investors.
Published 10 Oct, 2018 12:00am
Court orders diesel ban on major Berlin roads

Court orders diesel ban on major Berlin roads

Berlin could shut out diesel drivers from major arterial roads next year, after a court Tuesday ordered the German capital to follow in the footsteps of Hamburg, Frankfurt and Stuttgart with exclusion zones.
Published 10 Oct, 2018 12:00am
Bilal sparks spectacular Australian collapse

Bilal sparks spectacular Australian collapse

Test debutant Bilal Asif snatched six wickets to spark a spectacular Australian collapse from 142-0 to 202 all out and put Pakistan in firm command of the first Test in Dubai on Tuesday. The 33-year-old off-spinner overshadowed his more experienced team-m
Published 10 Oct, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Oct, 2018 12:00am
Serena confirmed for eighth Australian Open title tilt

Serena confirmed for eighth Australian Open title tilt

Seven times champion Serena Williams will be back at the Australian Open in 2019 having missed her title defence this year after giving birth, organisers said Tuesday. The 23-time Grand Slam winner, who won on her last appearance in 2017 while pregnant, w
Published 10 Oct, 2018 12:00am
Afghan woman among nine new IOC members

Afghan woman among nine new IOC members

Samira Asghari, a 24-year-old Afghan woman, was among nine new International Olympic Committee members elected Tuesday, but there was still no place for either IAAF president Sebastian Coe or FIFA head Gianni Infantino. "She's a lady who is doing a fantas
Published 10 Oct, 2018 12:00am
Djokovic masters Chardy again

Djokovic masters Chardy again

Novak Djokovic had won all 11 previous matches against Jeremy Chardy and the world number three's perfect run was never in real doubt at the Shanghai Masters on Tuesday. The Serbian, who has burst back to form this year, winning Wimbledon and the US Open,
Published 10 Oct, 2018 12:00am
Thai tennis umpires get life bans for match-fixing, betting

Thai tennis umpires get life bans for match-fixing, betting

Three tennis umpires from Thailand have been handed life bans for match-fixing and betting offences, including manipulating the official scoring system during matches, the sport's anti-corruption body said. Anucha Tongplew, Apisit Promchai and Chitchai Sr
Published 10 Oct, 2018 12:00am
Project director PSL quits

Project director PSL quits

Naila Bhatti, Director Marketing & Sales and Project Director Pakistan Super League (PSL) has tendered her resignation on account of personal reasons. Her resignation has been accepted, a PCB spokesman, said, here Tuesday. The PCB acknowledges the service
Published 10 Oct, 2018 12:00am
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