The Indian rupee slipped off a new five-year peak and ended a shade weaker on Thursday, following sustained dollar buying by several foreign banks which had gone short on the US currency, dealers said. Traders

Read More

The dollar shuffled in ranges on Wednesday as traders wondered if the Federal Reserve would signal an increase in the pace of policy tightening when it announces an expected interest rate rise later in the

Read More

The dollar ended New York trading on Wednesday little changed, having pared some earlier gains after the Federal Reserve raised US interest rates, as expected. The Federal Open Market Committee's sixth consecutive quarter percentage point

Read More

The Bangladeshi taka weakened on Thursday as dealers sought dollars to pay for imports on worries that strikes could disrupt business in coming days, dealers said. The taka was quoted at 63.00/63.99 per dollar, against

Read More

Asian currencies were steady on Thursday as traders refrained from placing new bets before hearing US President George W. Bush's State of the Union address and before the Group of Seven meeting this weekend. The

Read More

Most Hong Kong interbank rates and forward rates edged higher on Thursday after persistent fund outflows from the territory and as local banks kept interest rates unchanged despite another 25 basis points hike in US

Read More

Top seed Vince Spadea survived a second-round scare from Russian qualifier Teimuraz Gabashvili on Wednesday before advancing to the quarter-finals of the rain-plagued Millennium International ATP tennis tournament. Spadea rallied to beat the 19-year-old 4-6,

Read More

Pakistan Cricket Board (PCB) has renamed the domestic cricket as National Cricket Pakistan (NCP). According to details, domestic teams have also been renamed as follows: Karachi Blues as Karachi Zebras, Rawalpindi Region as Rawalpindi Rams,

Read More

Pakistan skipper Inzamamul Haq was cleared to play in the opening tri-nations series final against Australia on Friday after the International Cricket Council (ICC) admitted they had blundered in their disciplinary proceedings against the player.

Read More

South Africa lost three wickets in the last over as the second one-day international against England ended in a tie at Springbok Park on Wednesday. South African-born Kevin Pietersen caned an unbeaten 108 off 96

Read More