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Print - 2015-08-24
NA-122 verdict: Imran seeks resignations of ECP members, Nadra chief

NA-122 verdict: Imran seeks resignations of ECP members, Nadra chief

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has demanded of the provincial members of Election Commission of Pakistan (ECP) and chairman National Database and Registration (Nadra) to step down after the election tribunal decision ordering re-pollin
Published 24 Aug, 2015 12:00am
NA-122 verdict: Imran seeks resignations of ECP members, Nadra chief

NA-122 verdict: Imran seeks resignations of ECP members, Nadra chief

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has demanded of the provincial members of Election Commission of Pakistan (ECP) and chairman National Database and Registration (Nadra) to step down after the election tribunal decision ordering re-pollin
Published 24 Aug, 2015 12:00am
Second phase of CPFTA: zero tariff on 40 percent of products sought

Second phase of CPFTA: zero tariff on 40 percent of products sought

Pakistan has reportedly sought zero tariff on 40 per cent of its products immediately on implementation of the second phase of China Pakistan Free Trade Agreement (CPFTA), well informed sources in Ministry of Textile Industry told Business Recorder.</i
Published 24 Aug, 2015 12:00am
Second phase of CPFTA: zero tariff on 40 percent of products sought

Second phase of CPFTA: zero tariff on 40 percent of products sought

Pakistan has reportedly sought zero tariff on 40 per cent of its products immediately on implementation of the second phase of China Pakistan Free Trade Agreement (CPFTA), well informed sources in Ministry of Textile Industry told Business Recorder.</i
Published 24 Aug, 2015 12:00am
Second phase of CPFTA: zero tariff on 40 percent of products sought

Second phase of CPFTA: zero tariff on 40 percent of products sought

Pakistan has reportedly sought zero tariff on 40 per cent of its products immediately on implementation of the second phase of China Pakistan Free Trade Agreement (CPFTA), well informed sources in Ministry of Textile Industry told Business Recorder.</i
Published 24 Aug, 2015 12:00am
Federer defeats Djokovic for seventh Cincinnati title

Federer defeats Djokovic for seventh Cincinnati title

Roger Federer won his seventh Cincinnati Masters title on Sunday, dominating Novak Djokovic 7-6 (7/1), 6-3 in a performance which sets him up nicely for the US Open. The victory in 90 minutes means the Swiss will be seeded second behind Djokovic at Flushi
Published 24 Aug, 2015 12:00am
Godil records initial statement

Godil records initial statement

Muttahida Qaumi Movement (MQM) leader, Rashid Godil who has been under treatment at a local hospital after suffering multiple bullet wounds in an armed attack six days ago has regained consciousness, according to Aaj News. Rashid Godil has recorded his in
Published 24 Aug, 2015 12:00am
Hollande 'to give France's highest award to train heroes today'

Hollande 'to give France's highest award to train heroes today'

French President Francois Hollande will present three Americans and a Briton with the country's top Legion d'Honneur medal on Monday in recognition of their bravery in stopping a gunman on a packed train, an Elysee source said.
Published 24 Aug, 2015 12:00am
Pak-Afghan JEC meeting postponed

Pak-Afghan JEC meeting postponed

The two-day 10th Pak-Afghan Joint Economic Commission meeting scheduled to be held in Islamabad on August 26-27 has been postponed without assigning any reason. The dates were finalised during a meeting between Ambassador of Afghanistan to Pakistan Janan
Published 24 Aug, 2015 12:00am
Pak-Afghan JEC meeting postponed

Pak-Afghan JEC meeting postponed

The two-day 10th Pak-Afghan Joint Economic Commission meeting scheduled to be held in Islamabad on August 26-27 has been postponed without assigning any reason. The dates were finalised during a meeting between Ambassador of Afghanistan to Pakistan Janan
Published 24 Aug, 2015 12:00am
Pak-Afghan JEC meeting postponed

Pak-Afghan JEC meeting postponed

The two-day 10th Pak-Afghan Joint Economic Commission meeting scheduled to be held in Islamabad on August 26-27 has been postponed without assigning any reason. The dates were finalised during a meeting between Ambassador of Afghanistan to Pakistan Janan
Published 24 Aug, 2015 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee depreciated versus the dollar on the local currency market during the week ended on August 22, 2015. In the interbank market, the rupee shed seven paisas against the dollar for buying and selling at Rs 102.02 and Rs 102.04.
Published 24 Aug, 2015 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee depreciated versus the dollar on the local currency market during the week ended on August 22, 2015. In the interbank market, the rupee shed seven paisas against the dollar for buying and selling at Rs 102.02 and Rs 102.04.
Published 24 Aug, 2015 12:00am
Futures spreads down 445 basis points

Futures spreads down 445 basis points

Futures spreads declined by 445 basis points to 9.39 percent during the week which ended on August 21. The average trading volumes per day, however, showed an upward trend to surge 12.8 percent to 32 million shares. The daily average value of stocks trade
Published 24 Aug, 2015 12:00am
Futures spreads down 445 basis points

Futures spreads down 445 basis points

Futures spreads declined by 445 basis points to 9.39 percent during the week which ended on August 21. The average trading volumes per day, however, showed an upward trend to surge 12.8 percent to 32 million shares. The daily average value of stocks trade
Published 24 Aug, 2015 12:00am
Futures spreads down 445 basis points

Futures spreads down 445 basis points

Futures spreads declined by 445 basis points to 9.39 percent during the week which ended on August 21. The average trading volumes per day, however, showed an upward trend to surge 12.8 percent to 32 million shares. The daily average value of stocks trade
Published 24 Aug, 2015 12:00am
Futures spreads down 445 basis points

Futures spreads down 445 basis points

Futures spreads declined by 445 basis points to 9.39 percent during the week which ended on August 21. The average trading volumes per day, however, showed an upward trend to surge 12.8 percent to 32 million shares. The daily average value of stocks trade
Published 24 Aug, 2015 12:00am
Bears rule the roost

Bears rule the roost

Karachi stocks followed the suit as bourses across the globe traded last week in a sharp corrective mode. KSE-100 index closed the week, which ended on August 21, on a bearish note losing 3.9 percent to stand, Week-on-Week, at 34,520 points. In a week dom
Published 24 Aug, 2015 12:00am
Bears rule the roost

Bears rule the roost

Karachi stocks followed the suit as bourses across the globe traded last week in a sharp corrective mode. KSE-100 index closed the week, which ended on August 21, on a bearish note losing 3.9 percent to stand, Week-on-Week, at 34,520 points. In a week dom
Published 24 Aug, 2015 12:00am
Bears rule the roost

Bears rule the roost

Karachi stocks followed the suit as bourses across the globe traded last week in a sharp corrective mode. KSE-100 index closed the week, which ended on August 21, on a bearish note losing 3.9 percent to stand, Week-on-Week, at 34,520 points. In a week dom
Published 24 Aug, 2015 12:00am
North and South Korea on alert amid talks in bid to end standoff

North and South Korea on alert amid talks in bid to end standoff

Top aides to the leaders of North and South Korea negotiated into the evening on Sunday after talking through the previous night to try to ease tensions involving an exchange of artillery fire that brought the peninsula to the brink of armed conflict.
Published 24 Aug, 2015 12:00am
North and South Korea on alert amid talks in bid to end standoff

North and South Korea on alert amid talks in bid to end standoff

Top aides to the leaders of North and South Korea negotiated into the evening on Sunday after talking through the previous night to try to ease tensions involving an exchange of artillery fire that brought the peninsula to the brink of armed conflict.
Published 24 Aug, 2015 12:00am
Rashid terms ET verdict 'biased'

Rashid terms ET verdict 'biased'

Minister for Information, Broadcasting and National Heritage Pervaiz Rashid on Sunday said that the Pakistan Muslim League-Nawaz (PML-N) respected the verdict of election tribunal ordering re-polling in NA-122 but had reservations.
Published 24 Aug, 2015 12:00am
Rashid terms ET verdict 'biased'

Rashid terms ET verdict 'biased'

Minister for Information, Broadcasting and National Heritage Pervaiz Rashid on Sunday said that the Pakistan Muslim League-Nawaz (PML-N) respected the verdict of election tribunal ordering re-polling in NA-122 but had reservations.
Published 24 Aug, 2015 12:00am
Interior minister unveils ECL reforms

Interior minister unveils ECL reforms

Minister for Interior Chaudhary Nisar Ali Khan has that any new name on the Exit Control List (ECL) will be placed only on the recommendations of Supreme Court and High Courts.
Published 24 Aug, 2015 12:00am
Interior minister unveils ECL reforms

Interior minister unveils ECL reforms

Minister for Interior Chaudhary Nisar Ali Khan has that any new name on the Exit Control List (ECL) will be placed only on the recommendations of Supreme Court and High Courts.
Published 24 Aug, 2015 12:00am
US disappointed over talks' cancellation

US disappointed over talks' cancellation

United States (US) has expressed disappointment over the cancellation of National Security Advisor (NSA) level peace talks between Pakistan and India. US State Department spokesman, John Kirby said that on Sunday that his country was concerned that NSAs l
Published 24 Aug, 2015 12:00am
US disappointed over talks' cancellation

US disappointed over talks' cancellation

United States (US) has expressed disappointment over the cancellation of National Security Advisor (NSA) level peace talks between Pakistan and India. US State Department spokesman, John Kirby said that on Sunday that his country was concerned that NSAs l
Published 24 Aug, 2015 12:00am
New Delhi's position weakened

New Delhi's position weakened

The collapse of planned peace talks between India and Pakistan hours before they were to start on Sunday has raised questions about the arch-rivals' willingness to overcome mutual mistrust. This is the second time neighbours have cancelled talks since Ind
Published 24 Aug, 2015 12:00am
New Delhi's position weakened

New Delhi's position weakened

The collapse of planned peace talks between India and Pakistan hours before they were to start on Sunday has raised questions about the arch-rivals' willingness to overcome mutual mistrust. This is the second time neighbours have cancelled talks since Ind
Published 24 Aug, 2015 12:00am
Four troops killed in cross-border attack

Four troops killed in cross-border attack

Militants launched a cross-border attack on a Pakistani checkpoint in a restive tribal region on Sunday, killing at least four soldiers and wounding four others, the military said. Rockets were fired from the Afghanistan side of the border into the Khyber
Published 24 Aug, 2015 12:00am
Four troops killed in cross-border attack

Four troops killed in cross-border attack

Militants launched a cross-border attack on a Pakistani checkpoint in a restive tribal region on Sunday, killing at least four soldiers and wounding four others, the military said. Rockets were fired from the Afghanistan side of the border into the Khyber
Published 24 Aug, 2015 12:00am
Textile exports: 12 percent July decline raises alarm bells

Textile exports: 12 percent July decline raises alarm bells

The government has taken a serious note of a highly significant decline - about 12 percent- in textile exports of the country during last one month (July) and called an emergency meeting of the Federal Textile Board (FTB) on Monday (today), it is learnt.
Published 24 Aug, 2015 12:00am
Textile exports: 12 percent July decline raises alarm bells

Textile exports: 12 percent July decline raises alarm bells

The government has taken a serious note of a highly significant decline - about 12 percent- in textile exports of the country during last one month (July) and called an emergency meeting of the Federal Textile Board (FTB) on Monday (today), it is learnt.
Published 24 Aug, 2015 12:00am
Textile exports: 12 percent July decline raises alarm bells

Textile exports: 12 percent July decline raises alarm bells

The government has taken a serious note of a highly significant decline - about 12 percent- in textile exports of the country during last one month (July) and called an emergency meeting of the Federal Textile Board (FTB) on Monday (today), it is learnt.
Published 24 Aug, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (August 23, 2015) and the forecast for Monday (August 24, 2015).

Published 24 Aug, 2015 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 17 to 21, 2015).

Published 24 Aug, 2015 12:00am
Shahbaz expresses grief over accidents

Shahbaz expresses grief over accidents

Punjab Chief Minister Shahbaz Sharif has expressed sorrow and grief over the loss of precious human lives in road accidents near DG Khan and Mianwali. The Chief Minister expressed sympathies and condolences with the bereaved families. He directed the admi
Published 24 Aug, 2015 12:00am
Residents urge CDA to ensure proper disposal of solid waste

Residents urge CDA to ensure proper disposal of solid waste

The residents of Islamabad have urged the Capital Development Authority (CDA) to adopt a comprehensive mechanism for proper collection and disposal of solid waste, as heaps of rubbish are posing serious threat to the health of citizens. The residents of v
Published 24 Aug, 2015 12:00am
JUI-F finalises strategy to form district, tehsil governments in KP

JUI-F finalises strategy to form district, tehsil governments in KP

The JUI-F Khyber Pakhtunkhwa has finalised solid strategy for the formation of district and Tehsil governments on August 30 and Akram Khan Durrani, Maulana Gul Naseeb Khan and Maulana Shuja-ul-Mulk are directly supervising the matter.
Published 24 Aug, 2015 12:00am
Two abducted foreigners rescued

Two abducted foreigners rescued

Two kidnapped foreign nationals were rescued and an abductor was arrested during a crackdown here on Sunday. According to details, police on a tip-off raided a house in Jinnah Town of provincial capital Quetta during which two abducted foreigners were res
Published 24 Aug, 2015 12:00am
Bilawal to launch LB poll drive in Punjab today

Bilawal to launch LB poll drive in Punjab today

Pakistan People's Party (PPP) Chairman, Bilawal Bhutto-Zardari, is visiting Islamabad on Monday (today) to kick off his party's campaign for local bodies elections in Punjab. According to details, the PPP leader is likely to meet office-bearers of 10 Punj
Published 24 Aug, 2015 12:00am
Crackdown against unregistered vehicles continues

Crackdown against unregistered vehicles continues

Crackdown against unregistered vehicles and fancy number plats continued on Sunday as police took more than 250 vehicles into custody during the last two days here. According to traffic police, the raids were carried out at various parts of city including
Published 24 Aug, 2015 12:00am
Task force to monitor anti-adulteration campaign

Task force to monitor anti-adulteration campaign

A Task Force for Faisalabad Division has been constituted to monitor and oversee anti adulteration campaign on sustainable basis for the provision of safe and quality food to the citizens. According to the notification issued by the Secretary Food Punjab,
Published 24 Aug, 2015 12:00am
Indian government's ignonimous dithering

Indian government's ignonimous dithering

How unfortunate it is that India has once again escaped from the route to the table of dialogue on highly flimsy grounds after Islamabad turned down an Indian advice for declining a meeting of Hurriyat leaders, local media reported on Friday.
Published 24 Aug, 2015 12:00am
Petals on the water bid farewell to Bangkok bomb victim

Petals on the water bid farewell to Bangkok bomb victim

Reaching low over the river, Kritsuda Narongplaian gently opened her palm and let the breeze carry away a fistful of orange marigold petals - her final farewell to a boyfriend cut down by the Bangkok shrine bomb.
Published 24 Aug, 2015 12:00am
Crisis in Greece
Currency

Crisis in Greece

This is the first of a two-part series on the Greek crisis and commonalities with Pakistan; this week's article focuses on the Greek crisis and next week parallels will be drawn with the Greek crisis and lessons that Pakistan can and must learn from the G
Published 24 Aug, 2015 12:00am
State of the textile industry
Cotton

State of the textile industry

Pakistan's premier industry, textiles, appears to be in trouble. The APTMA has threatened to go on a strike if corrective measures are not taken by the government by the 31st of August. This is unprecedented as, despite a business-friendly government, APT
Published 24 Aug, 2015 12:00am
Nepra needs to pick up speed

Nepra needs to pick up speed

Investment by Fatimah Group in Transmission and Distribution (T&D) needs to be welcomed. Grant of licence by National Electric Power Regulatory Authority (Nepra) for construction and owning the transmission facility is undoubtedly a landmark event. In hin
Published 24 Aug, 2015 12:00am
Data integration by FBR

Data integration by FBR

According to a section of the press, the Federal Board of Revenue (FBR) has begun integrating data of Customs and Inland Revenue departments with the objective of identifying potential taxpayers and preventing revenue leakages. The Directorate General of
Published 24 Aug, 2015 12:00am
Campaigning gets underway for Tanzania elections

Campaigning gets underway for Tanzania elections

Campaigning for presidential elections in Tanzania began on Sunday, with the race seen as the tightest in the east African nation's history. The ruling Chama Cha Mapinduzi (CCM) party launched its campaign for the October 25 polls with a massive rally in
Published 24 Aug, 2015 12:00am
Trump sees Clinton, Biden as 'pretty equal' 2016 challengers

Trump sees Clinton, Biden as 'pretty equal' 2016 challengers

Vice President Joe Biden and Hillary Clinton would make equally formidable opponents in the race for the White House, Donald Trump said Sunday as he and other Republican candidates aimed their darts at the Democratic frontrunner. Growing speculation about
Published 24 Aug, 2015 12:00am
Greek police break drugs, prostitution racket on Mykonos

Greek police break drugs, prostitution racket on Mykonos

Police in Greece on Sunday said they had arrested a criminal group who trafficked drugs and women on the island of Mykonos, one of the country's most popular tourist islands. A police statement said the gang, composed of three Greeks in their thirties, ta
Published 24 Aug, 2015 12:00am
Spain says political opening in Cuba is 'inevitable'

Spain says political opening in Cuba is 'inevitable'

Political opening in Cuba is "inevitable" although the pace of reform in the Communist island nation is uncertain, Spain's foreign minister said in an interview published Sunday.
Published 24 Aug, 2015 12:00am
Germany vows to fight xenophobia after attacks on refugee home

Germany vows to fight xenophobia after attacks on refugee home

Germany's interior minister led calls on Sunday for a crackdown on right-wing militants and racists after a second night of scuffles between protesters and police outside a refugee shelter in an eastern German town near Dresden.
Published 24 Aug, 2015 12:00am
67 percent detailed design study of Munda Dam completed

67 percent detailed design study of Munda Dam completed

The authorities have almost accomplished 67 per cent of detailed design study of Munda Dam as they hoped to accomplish this very task by the year end and overall completion of design study in April 30, 2016. After completion of detailed design study and p
Published 24 Aug, 2015 12:00am
KP to witness change after LB polls: JI

KP to witness change after LB polls: JI

Provincial chief, Jamaat-e-Islami (JI), Professor Mohammad Ibrahim Khan has said that real change in Khyber Pakhtunkhwa will be witnessed after local bodies' polls and powers will be transferred to people local level in real sense. Addressing workers of J
Published 24 Aug, 2015 12:00am
Sale of surgical instruments foiled

Sale of surgical instruments foiled

Anti-Corruption Establishment Khyber Pakhtunkhwa in collaboration with Saidu Sharif Hospital Police foiled a bid of the selling of surgical and other instruments from Gynea Ward of the hospital. The Anti-Corruption Establishment Police has taken the instr
Published 24 Aug, 2015 12:00am
Shahbaz condemns rocket attack

Shahbaz condemns rocket attack

Punjab Chief Minister Shahbaz Sharif has strongly condemned rocket attack in Khyber Agency and expressed sorrow and grief over the martyrdom of four army personnel. The Chief Minister expressed sympathies and condolences with the bereaved families and als
Published 24 Aug, 2015 12:00am
Two real brothers killed in accident

Two real brothers killed in accident

Two youngsters died when a motorcycle hit and fell on a footpath after it got out of control here on Sunday. Rescue sources said that a motorcycle carrying two youth stated to be real brothers slipped and hit a footpath near Pakistan Institute of Medical
Published 24 Aug, 2015 12:00am
Academy initiates work on third Hindko dictionary

Academy initiates work on third Hindko dictionary

The newly-launched Gandhara Hindko Academy has initiated work on the third Hindko dictionary along with several other books and publications. This was stated by a noted Hindko writer, poet research scholar and Chief Executive Committee of the Gandhara Hin
Published 24 Aug, 2015 12:00am
Sherpao calls for improving Pak-Afghan relationship

Sherpao calls for improving Pak-Afghan relationship

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao has said both Pakistan and Afghanistan leadership should take steps to improve friendly and bilateral relations in order to end the mistrust being created due to certain reasons. "The bitterness an
Published 24 Aug, 2015 12:00am
TCKP making efforts to woo domestic, foreign tourists

TCKP making efforts to woo domestic, foreign tourists

Managing Director (MD) Tourism Corporation Khyber Pakhtunkhwa (TCKP), Mushtaq Ahmad Khan has said that concerted efforts are being made to attract more domestic and international tourists to the province.
Published 24 Aug, 2015 12:00am
Governor's proposed Fata council rejected

Governor's proposed Fata council rejected

All the political parties and members of civil society declined the governor proposed Fata council and posting of Additional Political Agent (APA) as Agency Judge. Commenting on the statement issued in media, regarding establishment of nominated agency co
Published 24 Aug, 2015 12:00am
Murad enters into 4th NBP Badminton Champ semi-finals

Murad enters into 4th NBP Badminton Champ semi-finals

Top seeded and international Murad Ali entered into semi-finals after defeating Khian Ahmad of Dera Ismail Khan in the first quarter-finals of the Men Singles event of the 4th NBP Badminton Championship being played here at Tariq Wadood Hall, Qayyum Sport
Published 24 Aug, 2015 12:00am
Late bogey gives Lydia Ko-lead at Canadian Open

Late bogey gives Lydia Ko-lead at Canadian Open

Lydia Ko refused to let a late bogey ruin her round as the teenage phenom fired a three-under 69 to take a share of the 54-hole lead at the Canadian Women's Open on Saturday. The New Zealander was the frontrunner for most of the third round and could have
Published 24 Aug, 2015 12:00am
First climber to attempt Everest ascent since Nepal earthquakes

First climber to attempt Everest ascent since Nepal earthquakes

A Japanese climber will be the first to attempt to scale Mount Everest since a massive earthquake in April triggered avalanches that killed 18 climbers, shutting an industry that feeds thousands of people across Nepal.
Published 24 Aug, 2015 12:00am
India eye victory after Sangakkara falls for 18

India eye victory after Sangakkara falls for 18

Kumar Sangakkara, the fifth-highest run-scorer in Test history, was dismissed for 18 in his last international innings Sunday to leave Sri Lanka in trouble in the second Test against India. The hosts, set a tough victory target of 413, slumped to 33-2 aft
Published 24 Aug, 2015 12:00am
Trials for Peshawar media team on August 25

Trials for Peshawar media team on August 25

Trials to select players for joint team of Khyber Union of Journalists (KhUJ) and Peshawar Press Club (PPC) for Pak-Afghan Inter-Media Cricket Tournament will be held Tuesday in Qayyum Stadium at 10:00 A.M.
Published 24 Aug, 2015 12:00am
National Twenty20 likely to be shifted from Rawalpindi

National Twenty20 likely to be shifted from Rawalpindi

The National Twenty20 Cricket Tournament to be played at the Pindi Cricket Stadium, Rawalpindi is likely to be shifted to some other venue due to security concerns. The National T20 will be played in Pindi Cricket Stadium from September 1 to 15. The Quali
Published 24 Aug, 2015 12:00am
Emirates Board seeks dates for Pak-India dates

Emirates Board seeks dates for Pak-India dates

The Emirates Cricket Board has sought from the Pakistan Cricket Board (PCB) dates for the proposed Pakistan-India series likely to be held in December.
Published 24 Aug, 2015 12:00am
Hamilton cruises to Belgian win

Hamilton cruises to Belgian win

Two-time world champion Lewis Hamilton extended his lead in this year's title race to 28 points when he claimed a near-flawless victory ahead of Mercedes team-mate Nico Rosberg in the Belgian Grand Prix at Spa-Francorchamps on Sunday. Starting from his 10
Published 24 Aug, 2015 12:00am
Bolt trumps Gatlin to retain world 100m title

Bolt trumps Gatlin to retain world 100m title

Jamaican Usain Bolt trumped American rival Justin Gatlin to retain his world 100m title in spectacular style on Sunday. Bolt, also the double Olympic gold medallist and world record holder in the blue riband event, ran a season's best of 9.79 seconds in B
Published 24 Aug, 2015 12:00am
Milan linked with loved one Balotelli

Milan linked with loved one Balotelli

Mario Balotelli has been linked with a shock return to AC Milan after club CEO Adriano Galliani spoke of his love for the Liverpool misfit. Balotelli's club career has stalled at Anfield after joining the Reds from Milan last year and the 25-year-old play
Published 24 Aug, 2015 12:00am
Serena recovers to reach another Cincinnati final

Serena recovers to reach another Cincinnati final

World number one Serena Williams came from a break down in the opening set to produce a patchy 6-4, 6-3 win Saturday over Elina Svitolina to reach the WTA final in Cincinnati. The top seed was far from efficient in the semi-final, appearing to lose her wa
Published 24 Aug, 2015 12:00am
Australia win fifth Test, England take Ashes 3-2

Australia win fifth Test, England take Ashes 3-2

Australia beat England by an innings and 46 runs to win the fifth and final Ashes Test on the fourth day at The Oval on Sunday. England, made to follow-on, were bowled out for 286 in their second innings after initially being skittled out for 149 in reply
Published 24 Aug, 2015 12:00am
Germany's only deep water port ready for giant container ships

Germany's only deep water port ready for giant container ships

The first years proved a difficult start for Germany's only deep water port, Wilhelmshaven's Jade-Weser-Port container hub, inaugurated in 2012, but its operators are now seeking to make it a top terminal for supersize ships.
Published 24 Aug, 2015 12:00am
Global coal price benchmarks facing overhaul

Global coal price benchmarks facing overhaul

The global thermal coal industry is facing the biggest shake up of its pricing benchmarks after Argus and IHS McCloskey, the dominant price providers, proposed changes to their assessments. The world's top three coal indices, which help inform short and l
Published 24 Aug, 2015 12:00am
Greek political leaders row over snap election

Greek political leaders row over snap election

An unprecedented war of words has broken out between Greece's outgoing government, the parliament chief and the president over early elections likely to be held on September 20. The government of Prime Minister Alexis Tsipras has accused parliamentary spe
Published 24 Aug, 2015 12:00am
Swiss gold exports to India surge in July

Swiss gold exports to India surge in July

Switzerland's gold shipments to number one consumer India more than tripled in July from the previous month, data from the Swiss customs bureau showed on Thursday, though exports to China and Hong Kong fell. Swiss gold exports to India totalled 69,393 kg
Published 24 Aug, 2015 12:00am
Bangladesh plans to import 950,000 tonnes of wheat

Bangladesh plans to import 950,000 tonnes of wheat

Bangladesh's state grains buyer plans to import 950,000 tonnes of wheat in the year to June 2016, up from 300,000 tonnes the previous year, seeking to secure food supplies.
Published 24 Aug, 2015 12:00am
Still space to store, despite record oil stocks: IEA

Still space to store, despite record oil stocks: IEA

Record global oil stocks are unlikely to start drawing down for at least a year, but there is still space to store oil, the International Energy Agency said. Global tanks are not yet full, though the West's energy watchdog said the "breakneck" pace of oil
Published 24 Aug, 2015 12:00am
Mood sours among Saudi businessmen as oil slides

Mood sours among Saudi businessmen as oil slides

Saudi Arabian entrepreneur Essam al-Zamel has overcome many obstacles to found a string of technology companies in the past decade, but he thinks sliding oil prices will be hard to handle. "A black economic cloud is covering the skies of Saudi Arabia," Za
Published 24 Aug, 2015 12:00am
Israeli Minister Kahlon worried over weakening economy

Israeli Minister Kahlon worried over weakening economy

Israeli Finance Minister Moshe Kahlon on Sunday expressed concern over weak economic growth so far in 2015 and said he would act to bolster flagging industrial output. Second-quarter growth was an annualised 0.3 percent, the government said last week in i
Published 24 Aug, 2015 12:00am