China's yuan closed up against the dollar on Friday after the central bank set a slightly stronger midpoint, a move that traders said signalled authorities intend to allow the yuan to end up by about

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The South Korean won hit a 16-month high on Friday to cap the best year since the global financial crisis and led gains among emerging Asian currencies, with a brighter 2013 outlook for regional units

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The Australian dollar rose to its highest against the yen in 20 months on Friday as weak Japanese economic data only reinforced speculation the country's central bank will have to take bold measures to jumpstart

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Sterling recovered from an eight-month low against the euro on Friday as some investors such as macro funds sold into the common currency's recent rally and booked profits before the year end. Gains for the

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Roger Federer and Maria Sharapova may have raked in a combined $100 million (75,658,378 euros) in prize money in their careers, but their rivals are struggling on the breadline. Recent estimates suggest that only 10

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American superstar Serena Williams has played down concerns about recent foot surgery as she looks to continue her dominance of the women's game at next week's Brisbane International. The opening tournament of the Australian summer

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After posting a huge 192-run total, India survived Pakistan's skipper Mohammad Hafeez's scare to narrowly defended the total by 11 runs in the second T20 match of the two-match series in Ahmedabad (India) on Friday.

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World No 1 Novak Djokovic opened his season with an impressive 6-0, 6-3 win over David Ferrer in the Mubadala World Tennis Championship exhibition tournament on Friday. The Serb, who won the title last year,

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Pakistan Cricket Board (PCB) Chairman Chaudhry Zaka Ashraf has said that the Board of Control for Cricket in India (BCCI) has assured for sending its cricket team to Pakistan after satisfaction over the security arrangements.

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Veteran Brett Lee faces a disciplinary hearing after criticising the New South Wales cricket administration and its chief executive David Gilbert, Cricket Australia said on Friday. Lee is in trouble over comments he made that

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