Sunday , 28 May 2017

Djokovic’s French Open plans take Monte Carlo hit

MONTE CARLO: Novak Djokovic’s preparations for his French Open title defence suffered another setback Friday when he was defeated by Belgium’s David Goffin 6-2, 3-6, 7-5 in the Monte Carlo Masters quarter-finals. The Serb saved four match points but slumped to his first loss to Goffin after five successive wins …

Read More »

Late equaliser helps Hoffenheim qualify for Europa League

COLOGNE: Kerem Demirbay scored in the third minute of injury time to qualify Hoffenheim for European football for the first time with a 1-1 draw at Cologne in the Bundesliga on Friday. Demirbay’s late strike ensured third-place Hoffen­heim cannot finish any lower than sixth, guaranteeing the side a spot in …

Read More »

Ten-man Hull defy odds to boost survival bid

LONDON: Hull City ignored the controversial dismissal of Oumar Niasse to boost their bid for Premier League survival with a vital 2-0 win over Watford on Saturday. Marco Silva’s side played with 10 men for 65 minutes at the KCOM Stadium after Senegal international Niasse was sent off for a …

Read More »

West Indies revival frustrates Pakistan in first Test

KINGSTON: Half-centuries by Roston Chase and Shane Dowrich engineered a West Indies revival in reaching 244 for seven at stumps against Pakistan on the opening day of the first Test at Sabina Park on Friday. Coming together immediately after lunch when opener Kieran Powell became Mohammad Amir’s third wicket with …

Read More »

SECP approves first PE fund

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the first private equity and venture capital fund worth $100 million under Private Funds Regulations 2015. Ijara Capital Partners Ltd, a private equity firm licensed by the SECP in October 2016, has been allowed to undertake private equity and …

Read More »

Wholesalers fear shortage of essential items

KARACHI: Wholesalers at Dandia Bazaar fear shortage of essential items and increase in prices as container trailers and trucks loaded with goods have been barred from entering the city after 11pm. “We have taken up the matter with Chief Secretary Sindh and Commissioner Karachi on Friday asking them to take …

Read More »

Dar seeks investment from US companies as economy picks up

ISLAMABAD: Pakistan is looking forward to working closely with the new US administration, Finance Minister Ishaq Dar said on Saturday in a keynote address at the Washington-based Heritage Foundation. He said Pakistan and the United States were long-standing friends with many shared interests, and they have worked closely to counter …

Read More »

Textile exporters fail to rise to the challenge despite incentives

KARACHI: Without producing even a single cotton flower, Bangladesh has left Pakistan far behind on the list of textile-exporting countries. Pakistan is the fourth largest cotton producer in the world while Bangladesh is one of the biggest textile exporters globally. Incentive-hungry textile exporters in Pakistan failed to fully utilise even …

Read More »

Panamagate verdict propels index by 2,132 points last week

KARACHI: The trading week that ended on Friday saw the KSE-100 index post staggering gains of 2,132 points or 4.5 per cent, which settled the benchmark at 49,709 points. The upsurge in the index represented the highest-ever gain in a single week, after Dec 9, 2016, and included the addition …

Read More »

Rivals supporting MQM-P over Karachi protest

KARACHI: In what is being seen as a telltale sign that three parties comprising leaders who were at one time or another led by Altaf Hussain are coming close to each other, the Pak Sarzameen Party (PSP) and Mohajir Qaumi Movement more commonly known as MQM-Haqiqi have categorically expressed support …

Read More »
Show Buttons
Hide Buttons