Dollar snaps losing streak; pound bounces

LONDON: The dollar edged higher on Monday, snapping a two-week losing streak, as investors bought the greenback before a widely expected interest rate hike by the U.S. central bank this week while trade war concerns checked investor appetite for risk. The dollar had struggled as trade war concerns faded and emerging market central banks led by Turkey took aggressive steps...

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Dollar snaps losing streak; pound bounces

LONDON: The dollar edged higher on Monday, snapping a two-week losing streak, as investors bought the greenback before a widely expected interest rate hike by the U.S. central bank this week while trade war concerns checked investor appetite for risk. The dollar had struggled as trade war concerns faded and emerging market central banks led by Turkey took aggressive steps...

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Modric threatens to end Ronaldo-Messi era as world’s best

Cristiano Ronaldo and Lionel Messi's decade-long domination of football's individual awards is under threat from Real Madrid and Croatia midfielder Luka Modric and Liverpool's Egyptian forward Mohamed Salah when FIFA's player of the year is announced on Monday. For the first time in 12 years Messi is not even nominated among the three finalists for the award after early exits...

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Money laundering case: JIT submits report in SC, detects 33 more accounts

ISLAMABAD: Joint Investigation Team (JIT) on Monday has informed the Supreme Court that they have discovered 33 more suspicious accounts and they are being scrutinized. A three-judge bench headed by Chief Justice of Pakistan Justice Mian Saqib Nisar is hearing a case pertaining to money laundering of Rs35 billion from fictitious bank accounts. During the hearing, a joint investigation team...

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SC orders to Shift Anwar Majeed to jail from hospital

ISLAMABAD: Chief Justice of Pakistan Justice Mian Saqib Nisar on Monday has directed to shift Anwar Majeed to jail after reviewing the medical reports of Omni Group chairman. As the hearing went underway the additional attorney general submitted the medical reports of Majeed and his son. Justice Saqib remarked that the Anwar Majeed's counsel should inform the court if his...

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LHC orders Nawaz to appear in treason case on October 8

LAHORE: The Lahore High Court (LHC) on Monday summoned deposed prime minister Nawaz Sharif on October 8 in a high treason case lodged against the former prime minister Nawaz sharif and his successor Shahid Khaqan Abbasi. A three-member full bench, headed by Justice Mazahar Ali Naqvi, was hearing the treason petition against former prime ministers Shahid Khaqan Abbasi, Nawaz, and...

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India releases water into rivers Ravi

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Tiger Woods seals first win in five years with Tour Championship

Tiger Woods scored his first victory in more than five years on Sunday, completing a two-shot win at the Tour Championship to crown a fairy tale comeback after a near two-year absence. The 42-year-old, 14-time major winner carded a one-over-par 71 at Atlanta's East Lake Golf Course to claim the 80th title of his glittering career. Woods, who finished with...

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Turkey orders 61 soldiers detained for suspected Gulen links: media

ISTANBUL: Turkish authorities ordered the arrest of 61 soldiers from the navy and land forces, including senior officers, for suspected links to a U.S.-based cleric who Ankara says orchestrated a 2016 failed coup, state media said on Monday. Eighteen of those ordered detained were on active duty, Anadolu news agency said, adding the suspects included 13 majors and 12 captains...

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SC rejects petition seeking PM Imran’s disqualification

ISLAMABAD: The Supreme Court of Pakistan dismissed a petition seeking Prime Minister Imran Khan’s disqualification, Newsone reported on Monday. A three-judge bench headed by Chief Justice of Pakistan Justice Mian Saqib Nisar and comprising Justice Umar Atta Bandial and Justice Ijazul Ahsan heard the petition filed by Barrister Daniyal Chaudhry last year. As the hearing went underway Chief Justice Saqib...

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