LONDON: A long position on bitcoin overtook “long tech” as the trade fund managers said was the most crowded in January, Bank of America’s monthly fund manager survey showed on Tuesday. For the first time since October, a long position on technology companies was knocked off the top spot, as investors said that long bitcoin was the most crowded trade. …

KARACHI: The daily numbers of Covid pandemic have on Tuesday reported 778 new infections across Sindh while the new deaths in this period were 17. According to the updates shared by the chief minister for the 24-hour span today, new 17 deaths have taken total mortality to 3,830 in the province since the viral infection broke out. CM Sindh Murad …

ISTANBUL: Ankara has imposed advertising bans on Twitter, Periscope and Pinterest after they failed to appoint local representatives in Turkey under a new social media law, according to decisions published on Tuesday. Under the law, which critics say stifles dissent, social media companies that do not appoint such representatives are liable for a series of penalties, including the latest move …

MELBOURNE: More players were forced into hard quarantine ahead of the Australian Open with officials confirming on Monday that four additional participants, including an athlete, tested positive for Covid-19 among those arriving in Melbourne. Health authorities in Victoria state have now reported nine infections among passengers who arrived on charter flights for the February 8-21 Australian Open and officials said …

KARACHI: Sindh completed a swift demolition of Balochistan on Monday to maintain their top slot in the Pakistan Cup, while Khyber Pakhtunkhwa are fractionally behind the leaders on net run rate after the sixth-round action. Both Sindh and Khyber Pakhtunkhwa now have eight points apiece since Northern lost their third straight fixture — against Khyber Pakhtunkhwa — to remain stuck …

India pulled off a record run-chase in a thrilling final session to hand Australia their first defeat at Brisbane’s Gabba ground since 1988 and clinch the four-Test series 2-1 on Tuesday. Wicketkeeper Rishabh Pant starred with a swashbuckling 89 not out as the injury-depleted visitors overhauled the 328-run target with three overs to go, winning by three wickets. Australia had …

TOKYO: Prime Minister Yoshihide Suga vowed on Monday to forge ahead with preparations to hold the Tokyo Olympics this summer, in the face of growing public opposition as Japan battles a surge in coronavirus infections. In a speech opening a new Parliament session, Suga said his government would revise laws to make anti-virus measures enforceable with penalties and compensation. Early …

KARACHI: South Africa captain Quinton de Kock warned his charges on Monday to face a trial by spin when the tourists take on Pakistan in the opening Test of the two-match series here at the National Stadium from Jan 26. Addressing his arrival virtual media conference at the start of the month-long tour during which they will also play three …

ISLAMABAD: Prime Minister Imran Khan has reconstituted the Executive Committee of National Council (Ecnec) to comply with recent orders of the Islamabad High Court (IHC) which ruled against unelected advisers and special assistants to head decision-making forums. According to a notification issued by the Cabinet Division, Finance Minister Dr Abdul Hafeez Shaikh will continue to be the chairman of the …

ISLAMABAD: Amid growing number of suppliers competing for pipeline and terminal capacity, the Cabinet Committee on Energy (CCoE) on Monday constituted a subcommittee to examine in detail the availability of pipeline capacity and how to allocate it for transportation of re-gasified liquefied natural gas (RLNG). Informed sources said the CCoE met briefly under the chairmanship of Minister for Planning and …