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Print - 2015-12-07
London Tube stabbings 'terrorist incident'

London Tube stabbings 'terrorist incident'

British police are investigating as a "terrorist incident" the stabbing of three people at a London Underground train station on Saturday, which left a pool of blood in the ticket hall. One eyewitness at Leytonstone station shouted "You're no Muslim" at t
Published 07 Dec, 2015 12:00am
Seychelles president in lead as vote heads for runoff

Seychelles president in lead as vote heads for runoff

The Seychelles' incumbent president James Michel won a strong lead in polls last week but fell short of securing an outright majority, and must now face opposition leader Wavel Ramkalawan in an unprecedented runoff.
Published 07 Dec, 2015 12:00am
Three injured in clash between MQM, MQM-H workers

Three injured in clash between MQM, MQM-H workers

At least three people were injured in armed clash between activists of Muttahida Qaumi Movement (MQM) and Mohajir Qaumi Movement-Haqiqi (MQM-H) here on Sunday. According to details, charged workers of the political parties attacked each other in Shah Fais
Published 07 Dec, 2015 12:00am
Prime Minister and COAS due in Karachi today

Prime Minister and COAS due in Karachi today

Prime Minister Nawaz Sharif and Chief of the Army Staff General Raheel Sharif will arrive here on Monday to attend a meeting of top officials regarding ongoing targeted operation in the city, according to a private TV channel. According to sources privy t
Published 07 Dec, 2015 12:00am
Government takes concrete step towards PIA sell-off

Government takes concrete step towards PIA sell-off

Pakistan International Airlines Corporation (PIAC) has been converted via Ordinance No XVII dated 04 December 2015 from a statutory corporation into a company governed by the Companies Ordinance, 1984. The new entity is called Pakistan International Airli
Published 07 Dec, 2015 12:00am
Government takes concrete step towards PIA sell-off

Government takes concrete step towards PIA sell-off

Pakistan International Airlines Corporation (PIAC) has been converted via Ordinance No XVII dated 04 December 2015 from a statutory corporation into a company governed by the Companies Ordinance, 1984. The new entity is called Pakistan International Airli
Published 07 Dec, 2015 12:00am
Government takes concrete step towards PIA sell-off

Government takes concrete step towards PIA sell-off

Pakistan International Airlines Corporation (PIAC) has been converted via Ordinance No XVII dated 04 December 2015 from a statutory corporation into a company governed by the Companies Ordinance, 1984. The new entity is called Pakistan International Airli
Published 07 Dec, 2015 12:00am
Imran Farooq's murder: State, not government, party to case: Nisar

Imran Farooq's murder: State, not government, party to case: Nisar

Minister for Interior Chaudhary Nisar Ali Khan has said the government has nothing to do with the Dr Imran Farooq murder case and that the State is party to the case. He warned that federal government would recall Rangers from Karachi if requisition was n
Published 07 Dec, 2015 12:00am
Imran Farooq's murder: State, not government, party to case: Nisar

Imran Farooq's murder: State, not government, party to case: Nisar

Minister for Interior Chaudhary Nisar Ali Khan has said the government has nothing to do with the Dr Imran Farooq murder case and that the State is party to the case. He warned that federal government would recall Rangers from Karachi if requisition was n
Published 07 Dec, 2015 12:00am
Index shows recovery

Index shows recovery

Recovery was seen on Karachi stocks market during what analysts termed "volatile" week that ended on Friday (December 4). Benchmark KSE-100 index ended at 32,708 points, down 0.77 per cent week-on-week (WoW).
Published 07 Dec, 2015 12:00am
Index shows recovery

Index shows recovery

Recovery was seen on Karachi stocks market during what analysts termed "volatile" week that ended on Friday (December 4). Benchmark KSE-100 index ended at 32,708 points, down 0.77 per cent week-on-week (WoW).
Published 07 Dec, 2015 12:00am
Index shows recovery

Index shows recovery

Recovery was seen on Karachi stocks market during what analysts termed "volatile" week that ended on Friday (December 4). Benchmark KSE-100 index ended at 32,708 points, down 0.77 per cent week-on-week (WoW).
Published 07 Dec, 2015 12:00am
Pakistan-India relations: Top officials meet in Bangkok

Pakistan-India relations: Top officials meet in Bangkok

The Indian and Pakistani national security advisers held "cordial" talks in Bangkok Sunday on militancy and Kashmir, a joint statement said, as the two countries seek a thaw in frosty relations. The talks, originally scheduled in August but cancelled by I
Published 07 Dec, 2015 12:00am
Pakistan-India relations: Top officials meet in Bangkok

Pakistan-India relations: Top officials meet in Bangkok

The Indian and Pakistani national security advisers held "cordial" talks in Bangkok Sunday on militancy and Kashmir, a joint statement said, as the two countries seek a thaw in frosty relations. The talks, originally scheduled in August but cancelled by I
Published 07 Dec, 2015 12:00am
THE RUPEE: sheds losses
Currency

THE RUPEE: sheds losses

The rupee managed to shed some losses against the dollar on the currency market during the week, ended on December 5, 2015. In the interbank market, the rupee recovered 12 paisas against the dollar for buying and selling at Rs 105.38 and at Rs 105.40, the
Published 07 Dec, 2015 12:00am
THE RUPEE: sheds losses
Currency

THE RUPEE: sheds losses

The rupee managed to shed some losses against the dollar on the currency market during the week, ended on December 5, 2015. In the interbank market, the rupee recovered 12 paisas against the dollar for buying and selling at Rs 105.38 and at Rs 105.40, the
Published 07 Dec, 2015 12:00am
SBP governor''s remarks on CPEC: clarification

SBP governor''s remarks on CPEC: clarification

The China Pakistan Economic Corridor (CPEC) is one of the most important initiatives of the government in recent times and is expected to play a significant role in accelerating economic growth of the country, going forward. The State Bank is fully aware
Published 07 Dec, 2015 12:00am
SBP governor's remarks on CPEC: clarification

SBP governor's remarks on CPEC: clarification

The China Pakistan Economic Corridor (CPEC) is one of the most important initiatives of the government in recent times and is expected to play a significant role in accelerating economic growth of the country, going forward. The State Bank is fully aware
Published 07 Dec, 2015 12:00am
SBP governor's remarks on CPEC: clarification

SBP governor's remarks on CPEC: clarification

The China Pakistan Economic Corridor (CPEC) is one of the most important initiatives of the government in recent times and is expected to play a significant role in accelerating economic growth of the country, going forward. The State Bank is fully aware
Published 07 Dec, 2015 12:00am
Controversial LNG SPA may be approved today

Controversial LNG SPA may be approved today

The Economic Co-ordination Committee (ECC) of the Cabinet is expected to approve LNG Sale Purchase Agreement (SPA) between Qatargas and Pakistan State Oil (PSO) on Monday (today), well informed sources told Business Recorder. Qatargas SPA includes
Published 07 Dec, 2015 12:00am
Controversial LNG SPA may be approved today

Controversial LNG SPA may be approved today

The Economic Co-ordination Committee (ECC) of the Cabinet is expected to approve LNG Sale Purchase Agreement (SPA) between Qatargas and Pakistan State Oil (PSO) on Monday (today), well informed sources told Business Recorder. Qatargas SPA includes
Published 07 Dec, 2015 12:00am
Controversial LNG SPA may be approved today

Controversial LNG SPA may be approved today

The Economic Co-ordination Committee (ECC) of the Cabinet is expected to approve LNG Sale Purchase Agreement (SPA) between Qatargas and Pakistan State Oil (PSO) on Monday (today), well informed sources told Business Recorder. Qatargas SPA includes
Published 07 Dec, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (December 06, 2015) and the forecast for Monday (December 07, 2015).

Published 07 Dec, 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. (November 30 to December 4 2015).

Published 07 Dec, 2015 12:00am
Private sector should be allowed to import LNG: UBG

Private sector should be allowed to import LNG: UBG

The dominant United Business Group (UBG) of FPCCI on Sunday asked the government to allow private sector to import LNG which will reduce the intensity of energy crisis in the country. The government could not ink an agreement for import of gas despite the
Published 07 Dec, 2015 12:00am
'It's time to blame PM': MoF's response

'It's time to blame PM': MoF's response

This is apropos an article titled "It's time to blame the PM" carried by Business Recorder on 30th November, the writer contends the Prime Minister continues to ignore four alarming trends in the economy. First, a massive rise in external and domes
Published 07 Dec, 2015 12:00am
Managing risk in publicly traded securities
Mutual Funds

Managing risk in publicly traded securities

We can only save money by not spending and this is a habit we must develop from an early age. Savings allow us to move our present earnings to a later period in time when we are no longer working and will need our savings for living expenses. It is indeed
Published 07 Dec, 2015 12:00am
Economic management

Economic management

Caught up as a frontline state in war against terror, raked by endemic corruption, emaciated by the laundering out of billions of dollars of ill-gotten wealth and mismanagement by ruling elite, Pakistan's people are crying out for a change in their lot. I
Published 07 Dec, 2015 12:00am
Dar's claims

Dar's claims

Federal Finance Minister Ishaq Dar's blatantly incorrect claims as well as lack of consultation with his cabinet colleagues (leave alone parliament) prior to approving the 40 billion rupee mini-budget announced this week past may have disabused his few re
Published 07 Dec, 2015 12:00am
The sad saga of deportations

The sad saga of deportations

The ongoing civil war in Syria has devastated millions of lives, not only in that cursed land but also abroad in many other lands and in many different ways. One of the collateral victims of this conflict is Pakistan whose nationals working in other count
Published 07 Dec, 2015 12:00am
ECC meddling fuels provincial distrust

ECC meddling fuels provincial distrust

Provinces headed by non-PML-N governments have reportedly expressed their serious concerns over the 'meddling' in provincial affairs by the Economic Co-ordination Committee (ECC) of the Cabinet, the highest economic decision-making body in the country, ch
Published 07 Dec, 2015 12:00am
KP, FATA Group's efforts towards fighting extremism appreciated

KP, FATA Group's efforts towards fighting extremism appreciated

Participants of a workshop highly appreciated efforts made by TOLANA, a group of people struggling to bring peace in society by fighting the indoctrination of violent extremism in KP and FATA. The workshop was arranged by PAIMAN Alumni Trust with the obje
Published 07 Dec, 2015 12:00am
Chairman PTC arrested for alleged corruption

Chairman PTC arrested for alleged corruption

On the recommendation of Elementary and Secondary Education Department, Khyber Pakhtunkhwa, the Anti-Corruption Department of KP has arrested chairman, Parents Teachers Council (PTC), Government Primary School (GPS), Faizullah Koroona (Shor Kot) D I Khan
Published 07 Dec, 2015 12:00am
Over 590 awarded degrees at IBA's 60th convocation

Over 590 awarded degrees at IBA's 60th convocation

As many as 591 undergraduate and postgraduate students of Institute of Business Administration (IBA), Karachi, were awarded degrees at its 60th convocation held here on Sunday. The Dean's list consisting of top 5 per cent of students of BBA graduating cla
Published 07 Dec, 2015 12:00am
Compulsory education: KP government to table three bills in PA

Compulsory education: KP government to table three bills in PA

Khyber Pakhtunkhwa Government will introduce three bills of legislation for making education compulsory for every child of the province, regularising private education institutions and recruitment of school specific and non-transferable government teacher
Published 07 Dec, 2015 12:00am
Bilawal congratulates PPP candidates

Bilawal congratulates PPP candidates

Bilawal Bhutto Zardari Chairman Pakistan Peoples Party has congratulated PPP candidates winning in third phase of Local Government elections in Sindh and Punjab and termed the results as encouraging in an environment where PPP was subjected to worst propa
Published 07 Dec, 2015 12:00am
Operation led to upset in Lyari: PPP

Operation led to upset in Lyari: PPP

The result of local bodies' election in Karachi has upset Pakistan Peoples Party (PPP) as a party report has declared the operation against Lyari criminal gangs behind party's defeat. The senior leadership of PPP held a meeting to monitor the reason of de
Published 07 Dec, 2015 12:00am
Pakistan condemns California shooting incident

Pakistan condemns California shooting incident

Pakistan condemns the abhorrent and tragic shooting incident in San Bernardino in California, United States, in strongest possible terms, said Foreign Office in a statement issued here. We offer sincere condolences to the families and friends of the victi
Published 07 Dec, 2015 12:00am
Nasreen Khatoon - Success Story

Nasreen Khatoon - Success Story

They say it's the darkest before the dawn. Mrs. Nasreen saw the darkest of times before turning her life around. Resident of Ranipur, Sindh, Nasreen has come a long way but it was not always this easy. Now earning a decent living, she keenly gives back to
Published 07 Dec, 2015 12:00am
SAARC Fair, WEXNET Exhibition conclude

SAARC Fair, WEXNET Exhibition conclude

12th SAARC Trade Fair and 9th Wexnet concluded here today at the expo centre amid thousands of people visited the gala. Due to weekend, a huge number of Lahoriites turned up and took keen interest in the products on display. Mostly women took keen interes
Published 07 Dec, 2015 12:00am
Namaz-i-Janaza of Qutubuddin Aziz today

Namaz-i-Janaza of Qutubuddin Aziz today

Namaz-i-Janaza of veteran journalist and diplomat Qutubuddin Aziz, who passed away in Karachi on Saturday evening, would be offered on Monday. This was stated by his son-in-law and a former Test cricketer, Iqbal Qasim. He said that the deceased aged over
Published 07 Dec, 2015 12:00am
SU to confer honorary degree on the late Fahim

SU to confer honorary degree on the late Fahim

In recognition to his relentless contribution towards democratisation of Pakistani politics and Alma mater, Sindh University has decided to award honorary degree posthumously to late Makhdoom Muhammad Amin Fahim. It was resolved unanimously in a special m
Published 07 Dec, 2015 12:00am
Development spending: government must create fiscal space: Pasha

Development spending: government must create fiscal space: Pasha

The government must create fiscal space for increasing development spending to generate demand in the economy and get out of low growth phenomena in the country, said former Advisor to Prime Minister on finance Dr Hafeez Pasha.
Published 07 Dec, 2015 12:00am
Punjab's health sector under spotlight: minister

Punjab's health sector under spotlight: minister

Provincial Minister for Labour & Manpower Raja Ashfaq Sarwar has said that Pakistani doctors are rendering invaluable services in provision of medical facilities. He said that Punjab government is providing huge amount for improving health sector. He expr
Published 07 Dec, 2015 12:00am
Senior Afghan Taliban sources doubt Mansour alive

Senior Afghan Taliban sources doubt Mansour alive

Several senior sources within the Taliban on Sunday cast doubt on the authenticity of an audio message purporting to prove Mullah Akhtar Mansour was alive, highlighting mistrust within the ranks following the cover-up of Mullah Omar's death.
Published 07 Dec, 2015 12:00am
Capacity payments: IPPs likely to get undue but legitimate edge

Capacity payments: IPPs likely to get undue but legitimate edge

The legal fight between the Independent Power Producers (IPPs) and National Transmission and Despatch Company (NTDC) at London Court of International Arbitration (LCIA) is expected to provide undue but legitimate edge to the IPPs with respect to capacity
Published 07 Dec, 2015 12:00am
'LT plot' to attack Modi foiled: Times of India

'LT plot' to attack Modi foiled: Times of India

Indian intelligence agencies, known for inventing stories against Pakistan to hide their inefficiency, say they are carrying out a joint operation to nab at least three to four hardcore Lashkar-e-Taiba militants who are planning to target Prime Minister N
Published 07 Dec, 2015 12:00am
'World's richest 10 percent produce 50 percent of CO2'

'World's richest 10 percent produce 50 percent of CO2'

The richest 10 percent of people produce half of Earth's climate-harming fossil-fuel emissions, while the poorest half contribute a mere 10 percent, British charity Oxfam said in a study released on December 02.
Published 07 Dec, 2015 12:00am
'Honduras, Myanmar, Haiti top risk list'

'Honduras, Myanmar, Haiti top risk list'

Honduras, Myanmar and Haiti top a new list of nations hardest hit by a decade of storms, floods, landslides and droughts that killed more than half a million people, climate analysts reported on December 03, warning of more frequent disasters if Earth's o
Published 07 Dec, 2015 12:00am
Central America tests drought-resistant 'miracle' beans

Central America tests drought-resistant 'miracle' beans

"These beans are miraculous because they beat droughts," crowed Manuel Ceren, a farmer in El Salvador trying out a hybrid, climate change-defying crop produced by Salvadoran, Colombian and Honduran experts.
Published 07 Dec, 2015 12:00am
Don't overuse pain relievers, health group warns migraine sufferers

Don't overuse pain relievers, health group warns migraine sufferers

Migraine sufferers who take pain relievers should do so on no more than 10 days a month, a German health group is warning. Overuse can lead to chronic daily headaches, says the Institute for Quality and Efficiency in Health Care (IQWiG), a government-affi
Published 07 Dec, 2015 12:00am
Zero hunger 'impossible' without climate protection: WFP

Zero hunger 'impossible' without climate protection: WFP

Ending hunger by 2030, one of 17 global goals adopted in September, can only happen if more money and effort are invested in helping people cope with climate change impacts, the head of the UN's food aid agency said. Extreme weather that is worsening as t
Published 07 Dec, 2015 12:00am
Selfies to undersea cables: Big Data displayed in London

Selfies to undersea cables: Big Data displayed in London

From posting on social networks and online shopping to sending emails and instant messages, we are producing more data than ever, prompting a new exhibition in London to explore the dangers and possibilities of this information explosion. The show helps v
Published 07 Dec, 2015 12:00am
Google gives online arts viewers prime seats

Google gives online arts viewers prime seats

Google on Tuesday began letting online viewers get prime seats to ballets, operas and orchestra concerts, or even virtually step on stage with performers. Google Cultural Institute launched an immersive 360-degree viewing experience in an alliance with mo
Published 07 Dec, 2015 12:00am
Wearables market surge led by Apple, Chinese makers

Wearables market surge led by Apple, Chinese makers

The global market for wearable tech surged in the third quarter, fuelled by the Apple watch and gains from Chinese manufacturers, a market tracker said Thursday. The research firm IDC said some 21.7 million wearables were sold in the past quarter, a jump
Published 07 Dec, 2015 12:00am
Amazon launches Fire tablet in China

Amazon launches Fire tablet in China

Amazon said Thursday it was launching its Fire tablet in China, and had agreed to a partnership with Internet firm Baidu to provide search and applications for the device. "With access to hundreds of thousands of Kindle books and with English language lea
Published 07 Dec, 2015 12:00am
Smartphone market seen as cooling

Smartphone market seen as cooling

Global smartphone sales growth will cool to single digits for the first time ever amid a slowdown in China, a new market forecast said Thursday. The research firm IDC said it expects world-wide smartphone shipments to grow 9.8 percent in 2015 to a total o
Published 07 Dec, 2015 12:00am
Japan shows off disaster-response robots

Japan shows off disaster-response robots

Japan on Wednesday displayed a pair of two-legged humanoid robots that can operate in harsh conditions as the country prone to earthquakes and volcanic eruptions prepares for the next catastrophe. Simulating work in a tunnel after a quake, two slender rob
Published 07 Dec, 2015 12:00am
Lyft allies with Asia peers in Uber challenge

Lyft allies with Asia peers in Uber challenge

US ridesharing service Lyft on Thursday announced an expansion of its alliances with Asian partners in a move that ramps its challenge to Uber. Lyft, which in September unveiled a partnership with Didi Kuaidi in China, has added Ola in India, and GrabTaxi
Published 07 Dec, 2015 12:00am
Discovery launches streaming service for pay TV subscribers

Discovery launches streaming service for pay TV subscribers

Discovery Communications Inc launched its own streaming service on Tuesday to offer more options for cable and satellite TV subscribers. The service, called Discovery GO, will let subscribers watch live and on-demand shows from nine US Discovery networks
Published 07 Dec, 2015 12:00am
Yahoo Messenger rebuilt with eye to the future

Yahoo Messenger rebuilt with eye to the future

Yahoo launched a next-generation messaging platform Thursday in an ambitious bid to steal a march on a crowded field, as rumours swirled that the Internet pioneer is considering selling its core business. New Yahoo Messenger apps were released in English
Published 07 Dec, 2015 12:00am
EU, Internet giants join forces to fight online extremism

EU, Internet giants join forces to fight online extremism

The European Union on Thursday launched a forum bringing together Internet firms like Google, Facebook and Twitter as well as law enforcement agencies to combat online extremism. The move comes amid growing alarm in Europe over the use of social media as
Published 07 Dec, 2015 12:00am
Deutsche Bank to sift 'big data' to get closer to customers

Deutsche Bank to sift 'big data' to get closer to customers

Deutsche Bank is embarking on a major computer systems upgrade that will help it to make greater use of so-called "big data" to provide a detailed picture of how, when and where customers interact with it, the bank's chief data officer said in an intervie
Published 07 Dec, 2015 12:00am
Nikkei seeks global digital powerhouse with $1.3 billion FT purchase

Nikkei seeks global digital powerhouse with $1.3 billion FT purchase

Nikkei Inc. will use its $1.3 billion purchase of the Financial Times to build a global digital powerhouse by using data to win new clients and by harnessing the British newspaper's skill at getting subscribers to pay for content, its chairman said.
Published 07 Dec, 2015 12:00am
Credit Suisse names Chui as new Asia-Pacific ECM head

Credit Suisse names Chui as new Asia-Pacific ECM head

Credit Suisse has appointed Johnson Chui as head of equity capital markets (ECM) for Asia Pacific and created an investment banking role for frontier markets, both part of new senior appointments in Asia, according a person familiar with the matter.
Published 07 Dec, 2015 12:00am
Scotiabank profit rises amid capital markets, energy concerns

Scotiabank profit rises amid capital markets, energy concerns

Bank of Nova Scotia reported a higher quarterly profit on December 01, helped by asset growth and favourable foreign exchange moves, but weakness at its capital markets business and an increase in bad energy loans weighed on investor sentiment. Shares of
Published 07 Dec, 2015 12:00am
Schlumberger to cut more jobs as drilling downturn bites

Schlumberger to cut more jobs as drilling downturn bites

Oil service company Schlumberger announced another round of job cuts on December 01, adding to 20,000 already this year, as low oil prices and a slowdown in drilling was expected to continue into next year. The layoffs, which will incur a pretax restructu
Published 07 Dec, 2015 12:00am
Morgan Stanley plans hundreds of layoffs: report

Morgan Stanley plans hundreds of layoffs: report

Morgan Stanley plans to cut hundreds of jobs in its debt and currencies division because of a drop in revenue, the Wall Street Journal reported on December 01. Altogether, a quarter of the staff at this division of the US investment bank could be made red
Published 07 Dec, 2015 12:00am
Toyota to boost supply of trucks, SUVs by 2016

Toyota to boost supply of trucks, SUVs by 2016

Toyota Motor Corp's production of trucks and SUVs will rise slightly by mid-2016 as it adapts to US consumer tastes, several of its executives said in an interview on December 03.
Published 07 Dec, 2015 12:00am
SE Asia needs to do more to open markets: study

SE Asia needs to do more to open markets: study

Despite numerous pledges and years of effort to transform Southeast Asia into a single market, the 10-nation region remains resistant to free-flowing trade and fortified against imports, to the cost of some global companies, according to a study for one o
Published 07 Dec, 2015 12:00am
Destro stuns Napoli

Destro stuns Napoli

Mattia Destro hit a brace in a 3-2 win as Bologna dented Napoli's Serie A title hopes, while Fiorentina moved up to second behind leaders Inter with a 2-0 win over Udinese. Napoli travelled to the Dall'Ara stadium expecting to maintain a long unbeaten run
Published 07 Dec, 2015 12:00am
First Serena Hotels Open Tennis Championship begins

First Serena Hotels Open Tennis Championship begins

On the opening day of first Serena Hotels Open Tennis Championship, 2015, 48 qualifying matches were decided here at S. Dilawar Abbas PTF Tennis Complex, Islamabad. This prestigious Championships is being sponsored by Serena Hotels having the richest priz
Published 07 Dec, 2015 12:00am
Barca held at Valencia, Benzema double rallies Madrid

Barca held at Valencia, Benzema double rallies Madrid

New Valencia coach Gary Neville watched on from the stands as Santi Mina's late equaliser handed his side a shock 1-1 draw at home to European champions Barcelona. Luis Suarez had put the visitors into a controversial lead as he appeared to be offside bef
Published 07 Dec, 2015 12:00am
Tariq wins All Pakistan Garrison Open Golf title

Tariq wins All Pakistan Garrison Open Golf title

A passionate competition was witnessed between national level golfers during the All Pakistan Garrison Open Golf Tournament that was held at the lush green Lahore Garrison Golf and Country Club (LGG&CC) from December 3-6, 2015.
Published 07 Dec, 2015 12:00am
US women cancel match over poor field conditions

US women cancel match over poor field conditions

The United States women's football team called off its Women's World Cup "Victory Tour" match Sunday against Trinidad and Tobago at Honolulu, declaring the artificial pitch unsuitable for an international match.
Published 07 Dec, 2015 12:00am
Platini lawyers say document could help prove his innocence

Platini lawyers say document could help prove his innocence

European soccer chief Michel Platini's legal team believes a 23-page memo published by a French newspaper on Sunday could help clear him of wrongdoing and allow him back into the FIFA presidential race. Platini, until recently seen as the man to lead socc
Published 07 Dec, 2015 12:00am
One-fifth of English referees physically abused

One-fifth of English referees physically abused

Nearly one-fifth of soccer referees in England who responded to a survey say they have been subjected to physical abuse, according to a BBC radio programme broadcast on Sunday. A study by academics from three universities received responses from more than
Published 07 Dec, 2015 12:00am
Federer set to play mixed doubles with Hingis in Rio

Federer set to play mixed doubles with Hingis in Rio

Roger Federer is expected to play mixed doubles with fellow Swiss national Martina Hingis at the 2016 Olympic games in Rio, Le Matin Dimanche newspaper reported, revealing what the paper called a "Dream Team".
Published 07 Dec, 2015 12:00am
Australia's Holman wins Australian PGA in play-off

Australia's Holman wins Australian PGA in play-off

Australian Nathan Holman won the European Tour co-sanctioned Australian PGA Championship in a three-way playoff at Royal Pines on Sunday. Holman won on the first play-off hole with a par from American Harold Varner III and South Africa's Dylan Frittelli.
Published 07 Dec, 2015 12:00am
World number one Serena back after bout with 'pain'

World number one Serena back after bout with 'pain'

Serena Williams said Sunday she was ready to rejoin the women's tennis tour after a bout with pain and injuries that caused the world number one to cut short her 2015 season. The 34-year-old American was largely rusty as she lost in mixed doubles before b
Published 07 Dec, 2015 12:00am
Robertson makes maximum 147 break in UK Championship

Robertson makes maximum 147 break in UK Championship

Australian Neil Robertson has become the first player to make a maximum 147 break in the final of the UK Championship on Sunday. The 33-year-old's effort came in frame six and put him 4-2 up on China's Liang Wenbo in the best-of 19 final to earn a £44,000
Published 07 Dec, 2015 12:00am
Siddle playing for his Test spot in Hobart

Siddle playing for his Test spot in Hobart

Senior paceman Peter Siddle said Sunday he was playing for his place in a rejigged Australian attack at this week's first Test against the West Indies in Hobart. Siddle has overcome back trouble suffered in Australia's day-night Test win in Adelaide over
Published 07 Dec, 2015 12:00am
Gritty South Africa defy India in fourth Test

Gritty South Africa defy India in fourth Test

South Africa fought on Sunday to try to save the fourth and final Test after Ajinkya Rahane scored his second century of the match to give India control on the second-last day. Chasing a highly improbable target of 481, South Africa stonewalled the opposi
Published 07 Dec, 2015 12:00am
Chevron starts natural gas production from two new wells in Bangladesh

Chevron starts natural gas production from two new wells in Bangladesh

Chevron has started producing gas from two new wells in the Bangladeshi state of Sylhet, aimed at easing the country's chronic energy shortages. The US oil and energy company, the largest foreign investor in the Bangladesh's energy sector, will initially
Published 07 Dec, 2015 12:00am
Iran oil minister blames Opec oversupply for low crude prices

Iran oil minister blames Opec oversupply for low crude prices

Opec members that supply too much crude oil to the market are responsible for low prices, Iran's oil minister said on Sunday, two days after the cartel failed to agree on a production ceiling. The Organization of the Petroleum Exporting Countries (Opec),
Published 07 Dec, 2015 12:00am
African nations aim to restore 100 million hectares of land by 2030

African nations aim to restore 100 million hectares of land by 2030

Ten African countries have committed to restore 31 million hectares of degraded and deforested land, under a new push to make 100 million hectares productive again by 2030. The AFR100 scheme, launched on Sunday in Paris, will be backed by $1 billion from
Published 07 Dec, 2015 12:00am
Greek parliament approves austere budget for 2016

Greek parliament approves austere budget for 2016

The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing austerity fatigue.
Published 07 Dec, 2015 12:00am
Volkswagen denies Qatar talks sought to curb labour role

Volkswagen denies Qatar talks sought to curb labour role

Volkswagen has denied a report saying its chief executive and chairman were urged on Sunday by its third-largest shareholder to reduce the influence of VW's powerful unions as it battles to overcome its emissions scandal.
Published 07 Dec, 2015 12:00am
Bangladesh exports up 13.73 percent

Bangladesh exports up 13.73 percent

Bangladesh's exports rose 13.73 percent to $2.75 billion in November from a year earlier, driven by stronger garment sales, official data showed on Sunday. Exports from July to November, the first five months of the country's 2015-16 financial year, rose
Published 07 Dec, 2015 12:00am
Kenya gets $1.5 billion loan from China to extend railway

Kenya gets $1.5 billion loan from China to extend railway

Kenya has secured a $1.5 billion loan from China to extend its railway from the capital to the Rift Valley town of Naivasha, a spokesman for the Kenyan presidency said on Sunday. The faster railway being built from the Indian Ocean port of Mombasa is expe
Published 07 Dec, 2015 12:00am
China forecast to become world's biggest electric car market

China forecast to become world's biggest electric car market

China is forecast to become the world's biggest electric car market this year, with sales estimated at 220,000 to 250,000 vehicles, the official news agency Xinhua said on Sunday, quoting the China Association of Automobile Manufacturers.
Published 07 Dec, 2015 12:00am
Indonesia's FX buffer smaller than it looks
Currency

Indonesia's FX buffer smaller than it looks

Indonesia's foreign currency reserves have doubled in size in the eight years since the global financial crisis roiled its markets but an examination by Reuters of its reserve assets shows a thinner buffer than officially reported data on gross reserves s
Published 07 Dec, 2015 12:00am
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