SYDNEY -AFP - A Sydney harbour-front mansion has sold to a Chinese-born businessman for $53 million dollars (US$54.3 million), setting a new property record for the city, reports said Thursday.The eight-bedroom, seven-bathroom house “Altona” in prestigious Point Piper had been on the ...

HONG KONG (Reuters) - A red bowl with a lotus pattern broke the world record for Chinese Kangxi ceramics on Monday, fetching over $9 million after a bidding war won by a Hong Kong ceramics dealer at the last day of spring sales for global auctioneer Sotheby’s.The five days of sales in wine, ...

ISLAMABAD - The Federal Board of Revenue (FBR) has fetched Rs 3 billion through legitimising around 10,000 (ten thousand) vehicles across the country under the amnesty scheme notified by it, for legitimising the smuggled and non-duty paid vehicles.According to the statement issued here, the ...

KARACHI - All Pakistan Fruit, Vegetable and Merchant Association President Waheed Ahmad has said that country has surpassed another milestone by fetching 0.5 million Euro orders for the export of onion, mango, orange and green vegetable  at Berlin Fruit Logistica. He said that trade fair was ...

LAHORE - Deputy Managing Director PIA, Salim Sayani has claimed that the Pakistan International Airline has earned Rs1.1 billion in the year 2011 through its Maintenance, Repair and Overhaul business and it is expected to earn revenue of Rs1.4 billion during 2012.While briefing a delegation from ...

LOS ANGELES - Uggie, the trick-performing Jack Russell Terrier starring in silent film “The Artist”, was top dog at the first-ever Golden Collar awards recognising canine excellence in Hollywood films.The veteran performer beat out Cosmo from “Beginners”, Denver from ...

Three paintings from Elizabeth Taylor’s personal art collection have been sold for £13.7m at an auction in London. The combined total of the Vincent Van Gogh, Edgar Degas and Claude Pissarro artworks fetched more than double the £6.2m estimate at the Christie’s sale.Van ...

new delhi : Pakistani cricketers have been a pariah in the Indian Premier League for the last three seasons but former all-rounder Azhar Mahmood on Saturday fetched a contract with Kings XI Punjab albeit as an English player. The 36-year-old Rawalpindi-born right hand batsman and right arm pacer, ...

NEW YORK (AFP) - A landscape by painter Gustav Klimt that was stolen by the Nazis, then returned this year to the family of the Jewish owner, sold for a huge $40.4 million on Wednesday at Sothebys in New York. The painting, Litzlberg am Attersee (Litzlberg on the Attersee), easily topped its ...

A COAT worn by Bruce Lee in his last film Game of Death sold for $77,000 at a rare auction of the late kung fu icons items in Hong Kong Saturday, far above pre-sale estimates. Thirteen items went under the hammer at the sale, believed to be the largest-scale auction of Lee memorabilia in the ...

Opener Gautam Gambhir on Saturday became the costliest cricketer in the IPL by fetching a whopping $2.4 million (approx Rs 11.04 crore) on the first day of the auctions where Indian players proved to be the biggest draw with three others going for more than $two million. In a high-profile auction, ...

A PAINTING by Roy Lichtenstein has sold at auction for $42.6m - a new record for the US 'pop artist. The cartoon-style painting, sold to an anonymous telephone bidder at Christies in New York, features a woman on the phone with a speech bubble containing the title. The sale of contemporary and ...

ISLAMABAD - The problem of under funding still persists in certain areas as only three percent of the required funds has been collected for early recovery while only seventeen percent of total needed funds are collected in education sector, by the United Nations. Addressing weekly press briefing ...

MELBOURNE (Reuters) - A white glove worn by the late singer Michael Jackson sold at auction for $49,000 in Australia on Sunday, nearly twice the price auctioneers expected, the auction house said. The white bejewelled glove was a trademark of the US singer, and according to auction house Bonhams ...

KARACHI - Foreign players made a net investment of $45.285 million at the Karachi Stock exchange in just two sessions (Monday and Tuesday), according to the National Clearing Company of Pakistan Ltd. Only on Tuesday, offshore investors invested $21.3 million (gross buy of $24.9 million and gross ...

KARACHI - Inflow of Foreign Direct Investment (FDI) in oil and gas exploration sector increased to $612.1 million, during July-April of financial year 2008-2009. The FDI inflow in this sector was $509.4 million during the same period of financial year 2007-2008. Petroleum refining sector in the ...

DASKA - A great rush of the visitors from all walks of life showed enthusiasm in property exhibition namely "Property Expo-2008" mutually organised by the Daily Nawa-i-Waqt and daily The Nation in active collaboration with OTBS at a local hotel in Sialkot here. A large number of the ...

PARIS (AFP) - A piece of the original staircase of the Eiffel Tower fetched 553,000 euros (710,000 dollars), 10 times its estimated price, in a Paris auction on Wednesday. The 2.7-metre (nine-foot) high chunk, the third of its kind sold in a year, went to private US buyer after a tense battle ...

NEW YORK (AFP) - Mexican painter Rufino Tamayo's sprawling "America" fetched 6.8 million dollars, just under pre-auction estimate, at Sotheby's Latin American art auction that showed the effects of the ongoing financial crisis. The 14-by-4.0 meter (13-by-46 foot) vinylite and sand on canvas Tamayo ...

ISLAMABAD (APP) - In an open bidding, the Hazara Phosphate Fertilizers (Private) Limited (HPFL) here on Thursday received highest offer of Rs.1.34 billion from Pak American Fertilizers Limited, Lahore. Supervised by Ahmed Jawad Secretary PC, the bidding held for the sale of minimum of 90 percent ...

KARACHI (APP) - Pakistan's Saleh Muhammad returned here on Tuesday after fetching US$4000 in Sangsom 6-Red International Snooker Championship held in Bangkok (Thailand) through his outstanding showing in a mega professional event. "It was a great honour to play alongside world's top ...

LAHORE - On the second day of auction of official vehicles on Tuesday, out of a total of 720 vehicles drawn out of the government transport pool for auction, 225 vehicles fetched Rs 70 million, which is half the estimated money. On the other hand, so far not even a single bullet-proof vehicle ...

LAS VEGAS  Candid footage of Marilyn Monroe on the set of her last completed film brought in $60,000 at an auction of movie memorabilia Saturday. The two reels of silent, 8-millimeter color film shot on the set of "The Misfits" had been expected to draw starting bids of between $10,000 and ...