Barclays aggressively cut its dollar/yen forecasts on Friday, saying the greenback will fall to 95 yen by the end of the year - more than 20 percent lower than the 120 yen previously reckoned - after a surge in the Japanese currency. The British bank also

Barclays aggressively cut its dollar/yen forecasts on Friday, saying the greenback will fall to 95 yen by the end of the year - more than 20 percent lower than the 120 yen previously reckoned - after a surge in the Japanese currency. The British bank also

Daily trading on the global market in currencies bounced by almost $400 billion a day in January, driven by a surge in market volatility due to worries over China, oil prices and global growth, data showed on Wednesday. Compared to January 2015, when a re

Mexico's peso clawed back gains from a record low on Friday after brutal losses during the week as a rebound in oil prices and global stocks lifted battered Latin American currencies. Solid US consumer data on Friday helped stocks on Wall Street rebound w

The Canadian dollar rose against its US counterpart on Friday as a surge in oil prices supported the risk-sensitive commodity currency, even as solid US retail sales data helped drive broader gains for the greenback. Relative calm returned to world market

The dollar rose on Friday after data showed US consumer spending appeared to have regained its mojo in January, supporting the possibility the Federal Reserve will continue to raise interest rates as other central banks ease policy. The solid US retail sa

Azeri state oil fund SOFAZ plans to continue foreign currency sales on the market in 2016 to support the country's ailing manat currency and does not intend to purchase gold this year, the fund's deputy CEO said on Tuesday. "According to the approved 2016

Azeri state oil fund SOFAZ plans to continue foreign currency sales on the market in 2016 to support the country's ailing manat currency and does not intend to purchase gold this year, the fund's deputy CEO said on Tuesday. "According to the approved 2016

Speculators reduced bullish bets on the US dollar for a seventh straight week, with net longs dropping to their lowest level since mid-July 2014, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday.

Only 20-25 percent of small and medium-sized British and French companies hedge their exposure to fluctuations in currency rates which can have a huge impact on their bottom lines, a report by banking research consultancy East & Partners showed on Thursda

Only 20-25 percent of small and medium-sized British and French companies hedge their exposure to fluctuations in currency rates which can have a huge impact on their bottom lines, a report by banking research consultancy East & Partners showed on Thursda

Hong Kong can weather attacks on the city's currency because of its large foreign exchange reserves and assets, Secretary for Financial Services and the Treasury KC Chan said on Thursday. "Those who worry about effects of attacks on the peg on the Hong Ko

Hong Kong can weather attacks on the city's currency because of its large foreign exchange reserves and assets, Secretary for Financial Services and the Treasury KC Chan said on Thursday. "Those who worry about effects of attacks on the peg on the Hong Ko

Japanese retail traders have turned bullish on the yen for the first time in 2-1/2 years, a telling sign they are losing confidence over government efforts to cheapen the currency. The change in sentiment comes as more investors globally question whether

It seemed like a sure-fire bet a few weeks ago: Abandon the yen and euro for the high-yielding Australian dollar. Yet these positions have been blown out of the water this week, proving that interest rate differentials are not everything when choosing a w

Thailand's Thitiphun Chuayprakong clinched his maiden Asian Tour title when he carded four-under-par 67 in the final round to claim a two-shot victory at the $300,000 Bashundhara Bangladesh Open on Saturday. The 23-year-old Thai, who went to the final rou

Cristiano Ronaldo struck twice as Real Madrid overcame a stiff test from Athletic Bilbao to move within a point of Barcelona at the top of La Liga with a 4-2 win on Saturday. Ronaldo's early opener was cancelled out by Javi Eraso before a two-goal burst j

Hull's bid for a quick return to the Premier League gathered pace as they swept back to the top of the Championship with a 2-0 win against Blackburn on Saturday. Steve Bruce's side dominated at Ewood Park and eventually secured their seventh win in their

Louis van Gaal conceded that Manchester United may need to win the Europa League to qualify for the Champions League after their 2-1 defeat at Sunderland on Saturday. Bidding to close the six-point gap separating them from the Champions League places, Uni

Top seed and defending champion Rafael Nadal reached the Argentina Open semi-finals Friday, braving sweltering temperatures of 33 degrees to clinch a 7-6 (7/3), 6-2 win over Italian journeyman Paolo Lorenzi. Nadal, the world number five, is back on his fa

A tennis umpire, who was suspended for a year as part of a betting investigation, continued to work at tournaments including last year's US Open, media reported Friday.

Julian Nagelsmann, 28, became the youngest ever coach in Germany's top flight on Saturday as his Hoffenheim side drew 1-1 at Werder Bremen in the Bundesliga's basement battle. Nagelsmann saw his side pick up a point on his debut as Andrej Kramaric's early

Joe Root hit his second successive century for England but again finished on the losing side after an astonishing assault by South African all-rounder Chris Morris squared the series at the Wanderers Stadium on Friday. South Africa won the fourth one-day

Venus Williams fought a challenging match to defeat Russia's Yulia Putintseva 7-5, 6-3 on Saturday, securing her spot in the Taiwan Open final. The seven-time Grand Slam winner bagged a suspenseful win in the opening set with Putintseva closing in on Will

Top seeds Serena Williams and Angelique Kerber have withdrawn from the WTA Tennis Championships, organisers announced on Saturday. "We regret to announce that Serena Williams and Angelique Kerber have withdrawn due to illness and injury," the Dubai Duty F

Adam Voges boosted his Test average to more than 100 on Saturday as he and Usman Khawaja scored centuries to set Australia up for a huge lead in the first Test against New Zealand. Australia were 463-6, heading New Zealand by 280 on the first innings at s

More than 5,000 pregnant Colombian women are infected with the mosquito-borne Zika virus, the country's national health institute said on Saturday, as the disease continues its rapid spread across the Americas. Cases of the virus total 31,555, the institu

The United States needs to proceed with caution on possible deployment of an advanced US missile defence system following North Korea's recent rocket launch and not use this as an excuse to affect China's security, the Chinese foreign minister said. Speak

A dangerous cold snap seized the north-eastern United States on Saturday with temperatures in some areas set to fall below zero and Boston facing its coldest Valentine's Day in almost four decades. Officials warned people to stay indoors away from what th

Borek Sipek, the official architect for Prague Castle during Vaclav Havel's Czech presidency, died on Saturday after a long struggle with cancer, the CTK news agency said. He was 66. Sipek participated in the transformation of the castle after the fall of

Israeli security forces shot dead on Saturday a Palestinian woman who tried to stab a soldier in the occupied West Bank, Israel's military said. No Israelis were wounded in the attack that happened near the Cave of the Patriarchs in the city of Hebron. A

French Prime Minister Manuel Valls rejected on Saturday the idea of a permanent quota system for distributing refugees across Europe, putting Paris at odds with Germany ahead of a summit to discuss the EU crisis over migration. Speaking to reporters at a

Thousands of people took to the streets of Burundi's capital Bujumbura Saturday to condemn what the country's embattled government calls neighbouring Rwanda's meddling in its affairs. Around 4,000 people rallied to the government's call to demonstrate ove

Thousands of Hungarians angry at the state's tight grip on public education rallied Saturday in Budapest, in one of the biggest street protests against Prime Minister Viktor Orban in recent years. Soon after coming to power in 2010, his rightwing governme

A new Palestinian satellite sports channel is to carry out a pilot transmission on Wednesday, with plans to start regular broadcasts in the summer, one of its founders said Saturday. Wael Romana, director of the Palestinian Sport Channel, told AFP it woul

Powerful Iraqi Shia Muslim cleric Moqtada al-Sadr said on Saturday the country needed a technocratic government, threatening to quit politics if Prime Minister Haider al-Abadi failed to carry out promised reforms. The remarks by Sadr, whose Al-Ahrar bloc

Two high-profile strikes in West Africa since November by al Qaeda in the Islamic Maghreb (AQIM) could further strengthen the Islamist militant group, a US commander for North and West Africa said. AQIM, a militant group that emerged from the Algerian civ

The top US and Nato commander in Afghanistan was bullish on the country's future despite concerns over peace talks, as he confirmed his looming retirement at a press conference in Kabul Saturday. General John Campbell voiced confidence about the future of

Pakistani-born astrophysicist Dr Nergis Mavalvala was part of team of efficient scientists, who verified Albert Einstein's 1915 general theory of relativity. Dr Nargis, in an interview to an American newspaper, stated that the technology has been advanced

A modern Herbal Research Institute inaugurated at Khyber Medical University (KMU) Peshawar, aiming at to promote research on herbal plants, besides ensuring better healthcare. ANP senior leader and former Senator Muhammad Adeel along with Vice Chancellor

Khyber Pakhtunkhwa Chief Minister Pervaiz Khattak said here on Saturday that the provincial government had not barred the Ehtisab Commission from arresting anyone and the purpose of amending the law was to inform the assembly after arrest. Speaking at a n

Swine flu is rapidly spreading in Karachi as two more patients died due to the disease on Saturday. Keeping in view the alarming situation, the health ministry stated that awareness campaign would be soon launched to combat the disease. The ministry has f

University of Sindh has announced the election schedule for the seats of Principals and Teachers of affiliated colleges of the Academic Council. According to notification issued by Registrar, the election for membership for the academic council would be h

The law enforcement agencies on Saturday foiled a bid to blow up a private school in Qandeel Colony, Bagh district of Azad Kashmir by defusing two home-made bombs which were planted in classrooms. The two bombs were spotted by students, and law enforcemen

Legal consultant on Child Rights for Ministry of Human Rights, Sharafat A. Chaudhry, said on Saturday that after lifting of moratorium on death penalty Pakistan has not executed any juvenile convict. Talking to Business Recorder, he said that Pakis

The Sindh government is planning to hand over Youth Center, constructed in the Khuhra Sports Complex here at the cost of Rs 50 million, to a private commercial organisation, Shaheed Zulfiqar Ali Bhutto Institute of Science & Technology (SZABIST). Accordin

A new political party named as Pakistan Freedom Movement (PFM) was launched here on Saturday. Announcing this at a news conference, PFM's chairman Haroon Khawaja said that his party would initially focus its attention on 14 key areas to put the country on

The incidents of robberies and dacoities by the armed intruders in the federal Capital registered an increase during past week despite hollow claims of police regarding strict security arrangements for controlling crimes. According to data gathered by