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Daily Archives: September 22, 2020

Dallas County reports 316 more coronavirus cases, 2 deaths


September 22, 2020

Dallas County reported 316 confirmed coronavirus cases Monday, including two from previous months, and two deaths. The county said 177 cases came from the state’s reporting system, including two from August and 175 from September. The rest were reported directly to the county health department. The latest victims — a man and a woman — were Dallas residents in their …

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Tokyo Games consulting firm paid $370,000 to Diack’s son


September 22, 2020

TOKYO: A consulting firm for Tokyo’s Olympic bid committee paid around $370,000 to the son of Lamine Diack, once one of the world’s most powerful sports officials, around the time Japan was picked to host the 2020 Games, Kyodo News reported on Monday. The report comes amid French investigations into the former head of Tokyo’s bid committee, Tsunekazu Takeda, for approving around …

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Leicester go top, Liverpool’s Mane sinks 10-man Chelsea


September 22, 2020

LONDON: Champions Liverpool and Leicester City maintained their winning starts to the Premier League on Sunday. Sadio Mane tormented Chelsea as the Liverpool forward struck twice after sparking Andreas Christensen’s dismissal in the champions’ 2-0 win, while there were six different scorers as Leicester beat Burnley 4-2. Liverpool had made hard work of beating Leeds United 4-3 in their opener, …

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Departmental hockey and reforms should go side by side: Asif Bajwa


September 22, 2020

KARACHI: The Secretary of the Pakistan Hockey Federation (PHF), Asif Bajwa has fully endorsed the guidelines of the Prime Minister Imran Khan, for the betterment of the national sport. Talking to a group of journalists, during a visit of the Abdul Sattar Hockey stadium on Monday, Asif however added that in view of the ground realities in Pakistan, financial support, …

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Djokovic, Halep into Italian Open finals


September 22, 2020

ROME: Top seeds Novak Djokovic and Simona Halep both advanced to the finals of the Italian Open on Sunday as fans returned to the stands at the Foro Italico for the first time. World number one Djokovic beat Norway’s Casper Ruud 7-5, 6-3 and will play Argentine Diego Schwartzman for his fifth Rome title. Top women’s seed Simona Halep reached …

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Textile exports fall 15pc in August


September 22, 2020

ISLAMABAD: Pakistan’s textile and clothing exports declined by over 15 per cent year-on-year to $1.007 billion in August, compared to $1.19bn in the corresponding month of 2019, data released by the Pakistan Bureau of Statistics showed on Monday. The export proceeds dipped in the second month of current fiscal year after posting growth in the first month. As a result …

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Wonder kid Imaad bounces back to clinch scrabble event


September 22, 2020

KARACHI: Syed Imaad Ali, the brilliant 14-year-old wonder kid clinched the Gladiators 32nd Pakistan Scrabble Champ­ionship (masters category) after staging the most astonishing comebacks ever witnessed in the national championship history Waseem Khatri enjoyed a great run on day two and was looking very safe at the top with a healthy lead. After 20 rounds Imaad seemed out of contention …

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Stocks tumble 331 points as rollover week begins


September 22, 2020

KARACHI: The stock market witnessed all-round selling on first day of the trading week when the index after an initial gain of 46 points, tanked to intraday low by 383 points as profit-taking kicked in. The closing was seen in deep red with the index dragged down by 331 points (0.78 per cent) to close at 42,174. Investors’ interest in …

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SBP maintains status quo as real interest rates remain ‘slightly below zero’


September 22, 2020

KARACHI: The State Bank of Pakistan (SBP) left the policy rate unchanged at seven per cent on Monday saying such a step was necessary “to provide needed support to the emerging recovery”. Addressing the press after the monetary policy announcement , Governor Dr Reza Baqir said the financing conditions continue to be accommodative with real interest rates “slightly below zero …

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Global banks seek to contain damage over $2tr of suspicious transfers


September 22, 2020

HONG KONG: Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades. Britain-based HSBC Holdings Plc, Standard Chartered Plc and Barclays Plc, Germany’s Deutsche Bank AG and Commerzbank AG, and US-headquartered JPMorgan …

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