Rupiah to strengthen further as foreign investors make comeback: Bank Indonesia

first_imgTopics : Bank Indonesia (BI) expects the rupiah to strengthen even after the currency returned to levels seen before the COVID-19 crisis, as foreign investors make a comeback on the back of a global economic recovery.The rupiah has rebounded by almost 15 percent since the end of March to reach 13,877 per US dollar on Friday, Bloomberg data shows, erasing most of the losses it recorded in the first three months of the year amid fears of the outbreak.“Foreign investors’ confidence in Indonesia’s economy is getting better as reflected by rising capital inflow into government bonds,” BI Governor Perry Warjiyo told reporters in a live-streamed news conference on Friday. “The rupiah remains undervalued and will strengthen further.” The central bank reported Rp 18.67 trillion ($1.33 billion) in net inflows, mainly in sovereign debt papers, from the second week of May to the first week of June. From April 1 to May 14, BI recorded $4.1 billion in net inflows.“Our foreign exchange reserves will increase this month, driven by a strengthened rupiah and capital inflows,” Perry said, adding that relatively better market conditions from three months ago reduced the need for the central bank to conduct a market intervention.The central bank has bought up to Rp 166 trillion in government bonds in the secondary market during the first quarter of 2020 to stabilize the rupiah and another Rp 26.1 trillion to support budget financing needs, boosting the central bank’s ownership of government bonds to Rp 445.4 trillion.“We believe that BI’s policy measures will continue to cushion the rupiah in the short-term,” researchers at Fitch Solutions wrote in a research note. “Moreover, a forecast narrowing in CAD in 2020 due to slightly cheaper imports will also add to investors’ confidence in Indonesia’s fundamentals.”However, they warned that risks remained for the currency as Indonesia continued to record new COVID-19 cases while facing a limited healthcare capacity.“The government’s initial mismanagement of the COVID-19 outbreak led to a collapse in investors’ confidence in the country’s assets, including the rupiah.“Downside risks will continue to emerge from the COVID-19 outbreak in Indonesia. As we have noted, cases across Indonesia continue to rise at a rapid pace and the country has limited healthcare and financial resources to deal with a widespread outbreak.”center_img The rupiah is still undervalued as the country’s credit default swap had yet to fall into pre-pandemic levels, while its current account deficit narrowed and inflation remained low, Perry explained.The currency crashed to its worst level of 16,575 against the greenback during the 1998 financial crisis on March 23, when fears over political unrest prompted investors to dump Indonesian assets. They dumped US$10.34 billion worth of assets in the first quarter, according to Finance Ministry data.The government and the central bank have pledged to strengthen its cooperation and measures to ensure macroeconomic and financial system stability. BI decided to hold its benchmark interest rate at 4.5 percent last week, despite room for further easing to maintain financial market stability.The financial market is currently being buoyed by hopes of an economic recovery as Jakarta, Indonesia’s financial hub and an engine of growth for the economy, will begin to reopen the economy with offices, restaurants and retail outlets permitted to open from June 8 under strict health protocols.last_img read more

Finnish pensions body slams IORP demand for benefits statement

first_imgA Finnish pensions association has criticised the requirement in the European Commission’s new IORP Directive for pension providers to issue scheme members with a uniform pension benefit statement for being unfair competitively.The Association of Finnish Pension Funds (ESY) said the way the standardised communication to customers was formulated was wrong and having such a requirement meant pension funds had a bigger administrative burden than life insurance companies.Ismo Heinström, lawyer for the association, told IPE: “It is regrettable that the pension benefit statement is formulated as if an IORP were an investment fund with totally different principles and objectives.”The kind of information demanded in the statement was not provided by insurance companies which had similar conditions, he said. He asked whether an IORP should therefore have to provide this extra information, when the commission laid weight on creating a level playing field for pension providers.Heinström said members should always be provided meaningful and relevant information. “The suggested pension benefit statement would provide members and beneficiaries unnecessary and misleading information not provided in insurance schemes with conditions that are in principle similar,” he said.The requirement would result in an unnecessary increase in costs for both the IORPs and the employers behind the schemes, Heinström said.On the whole, Finnish occupational pensions funds were well run, he said, and the institutions had so far provided their members with sufficient information.The Dutch Pension Federation previously criticised the revised IORP Directive’s proposals for a uniform statement as “overkill”.last_img read more

Nakilat posts rise in half-year profit

first_imgQatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 7 percent jump in its half-year profit. The company a net profit of 476 million Qatari Riyals ($130.8 million) for the first six months of the year, which compares to 445 million Qatari Riyals during the corresponding period in 2018.Nakilat’s financial performance is driven by long-term strategic plans towards achieving the company’s goals, the company’s report reads.The acquisition of two additional LNG carriers and one floating storage regasification unit (FSRU) in 2018 is among the main attributes to the positive financial results, as well as the increased volume of projects at Nakilat’s Erhama Bin Jaber Al Jalahma Shipyard facility which recently commemorated its 200th LNG carrier repair.Nakilat continues to expand its international portfolio through the acquisition of four additional LNG carriers earlier this year.In addition, Nakilat has achieved positive results across its operations through rationalization of operational expenses which in turn resulted in a strong first half of the year, leading to a solid stock price performance for the year to date 2019.Commenting on the company’s results, Nakilat CEO Abdullah Al Sulaiti said, “The huge demand for cleaner energy supports LNG trade growth, hence increases demand for LNG shipping industry. Nakilat strives to meet the growing energy transportation needs by capitalizing on the potential investment opportunity in promising strategic projects.”last_img read more

Benthic to provide Mero field geotechnical site investigation

first_img“This contract follows a recent sequence of successful projects and reaffirms our commitment and working relationship with Petrobras in Brazil,” said Fabio Pereira, Benthic’s country manager for Brazil. “This is a key international market for Benthic and the subsea service industry in general.” The work includes in-situ testing, sampling and seismic cone testing at 26 locations in water depths to 2200 meters. The deepwater offshore operations will take place this year, despite the COVID-19 pandemic and current global economic conditions. Following the offshore operations, Benthic will complete advanced onshore laboratory testing at its new technology center in Rio de Janeiro.center_img The company will use its PROD3 seabed drilling and geotechnical testing system, a proprietary portable remotely operated drill that can switch between piston sampling and rotary coring to maximize productivity. Benthic, a global geosciences company and part of Acteon, has signed a contract with Petrobras to provide geotechnical site investigation services at the Mero field offshore Brazil.last_img read more


first_imgI am sure by now you are aware of the saga of the Yankee’s Alex Rodriquez (A-Rod) and his continuous struggle to prove or disprove his involvement with PED’s. Personally, I am like a lot of Americans and dislike the Yankees. The Yankees are so intent on qualifying for this year’s playoffs that they are willing to put their reputation on the line for someone who 90% of the people feel has cheated. Of course, only A-Rod knows for sure if he did or not. The real animosity toward A-Rod comes from his insistence that everyone is wrong and he is right. I don’t know how many fellow athletes have indicated that he has abused the policy as much as or more than any other player. Again, this is just conjecture on the part of all of us. Had he taken his suspension with the others, he might have salvaged some type of playing career beyond this year. It looks now that after his court hearing his career will be over. Ryan Braun of Milwaukee for a long time did just what A-Rod is doing now, but he suddenly changed his tune and said “I did it”. Of course, true to his nature, Braun keeps insisting that he is only partially to blame. No matter. Major League Baseball says he did it and Milwaukee is not fighting it. When will the players learn?last_img read more

Pilkington out of Ireland squad

first_img “Anthony will undergo treatment on his knee over the coming weeks in preparation for the season ahead. There has been no replacement called up.” The 24-year-old – who qualifies via his Dublin-born paternal grandmother and was capped by Ireland’s Under-21s in 2008 – has been forced out of Trapattoni’s plans once again to allow himself enough recovery time over the summer, during which he will also get married. However, while it is clearly a disappointment not to be involved for the games, which end with a trip to face European champions Spain in New York, Pilkington feels the added time off will set him up for the challenges ahead of both club and country in 2013/2014. “The (Norwich) management and the physio have pulled me out – I have been struggling with my knee so I need to get treatment through the summer and an extra four games is not going to help me through pre-season,” Pilkington said in the Eastern Daily Press. “I need a rest and I need the treatment that I am going to be getting through the summer in the off season, so hopefully I can put that behind me and come back pre-season 100% fit. “It is unfortunate these injuries have popped up at the worst times for me, but like I say, I have got to put that behind me now, get right for next season and then hopefully see if I can get back in the (Ireland) squad. “It wouldn’t be right for me to go away and then come back in pre-season struggling. So I will go away in the summer, work hard, get 100 per cent fit and come back flying.” Pilkington scored for the Canaries in their 3-2 win at Manchester City on Sunday, but because of a knee injury will not be fit for the friendly against England at Wembley on May 29 and the game against Georgia in Dublin on June 2, in preparation for the qualifier against the Faroe Islands at the Aviva Stadium five days later. “The Football Association of Ireland today (Monday) confirmed that Anthony Pilkington has pulled out of the Ireland squad for their upcoming summer games under the advice of Norwich’s medical team,” a statement from the FAI said. Norwich winger Anthony Pilkington has been withdrawn from the Ireland squad, the Football Association of Ireland has confirmed.center_img Press Associationlast_img read more

Ellsworth boys win home meet as outdoor track season heats up

first_imgELLSWORTH — Since the day Ellsworth’s 2019 track schedule came out, Matt Shea has had one day circled. On Saturday, that day arrived.Among the Ellsworth junior’s many goals this season has been to win a home meet against some of the state’s top competition. The Eagles’ 12-team home meet over the weekend was an opportunity for Shea and his teammates to deliver.“We really wanted to win this one,” Shea said. “We had two not-so-great meets before this, and we were motivated to come out here and do better. We wanted to be extra ready.”From the first event to the last, ready the Eagles were. The result was a meet in which Ellsworth took first place on the boys’ side and second place on the girls’ side at Del Luce Stadium.This is placeholder textThis is placeholder textThe Ellsworth boys racked up points early in the meet with a first-place finish in the 4-by-800 relay, a third-place finish from Henry Scheff in the 110-meter hurdles and a second-place effort from Javon Williams in the 100-meter dash. Yet Caribou took over first place following the race walk, in which the Vikings fielded all seven runners to claim all 31 points from the event. Ellsworth freshman Paige Sawyer clears a hurdle during the girls’ 300-meter hurdles May 4 in Ellsworth. The Ellsworth girls totaled 116 points on the day to place second of 12 teams. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELLMount Desert Island’s Baylor Landsman and Ellsworth’s Javon Williams sprint to the finish line during the 4-by-100 relay on May 4 in Ellsworth. The Trojans’ team of Landsman, Maddox Laurendeau, Ben Freudig and Hunter Gray placed second with a time of 48.30 seconds. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELLMDI’s Zoe Olson competes in the girls’ 1,600-meter run as assistant coach Desiree Sirois cheers her on during a high school track meet May 4 in Ellsworth. Olson won the event with a time of 5 minutes, 39.06 seconds. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELLMDI’s Elijah Joyce clears a hurdle during the boys’ 300-meter hurdles May 4 in Ellsworth. The MDI boys took second place Saturday in Ellsworth and won their May 6 home meet in Bar Harbor. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELLEllsworth’s Colby Hamilton (left) and Nate Mason compete in the boys’ 400-meter dash May 4 in Ellsworth. Mason beat out Hamilton by 0.02 seconds to claim third place in the event. ELLSWORTH AMERICAN PHOTO BY MIKE MANDELL12345PreviousNextIn the 1,600-meter run, Ellsworth’s Matt Shea and Nick Cormier took the top-two spots with times of 4:49.09 and 4:49.91, respectively. From there, a third-place finish in the 4-by-100, top-five finishes from Nate Mason (third place), Colby Hamilton (fourth place) and Mark Berry (fifth) in the 400-meter dash and placements from Scheff (third) and Williams (fourth) in the 300-meter hurdles put the Eagles back on top.Mount Desert Island and Hermon surpassed Caribou with solid showings in the field, but the Eagles kept their hold on the top spot with second-place finishes from Nate Mason (high jump and long jump), Beck Deeney (triple jump) and Logan Grass (discus throw). Strong efforts in the 200-meter dash, 3,200-meter run and 4-by-400 saw the Eagles finish the meet with 140 1/6 points.“I thought around the 200 [that we were going to win], but you never know what can happen,” Ellsworth head coach Darren Richardson said. “MDI always has good throwers, and we were also waiting to see where Caribou ended up.”For Shea, the wait to see if his team had done enough to secure the win was a difficult one. Like his coach, though, he felt the Eagles had it in the bag following the 200-meter dash.“I’m not going to lie: It was very stressful,” Shea said. “They were posting all the scores up [by the snack shack], and it went back and forth between us having a bigger lead and the other teams closing the gap.”On the girls’ side, Autumn Paul won the discus throw for Ellsworth with a distance of 88 feet, 8 inches. The Eagles got second-place relay finishes in the 4-by-100 and 4-by-800 and individual second-place finishes from Paige Sawyer (100-meter hurdles), Addi Laslie (100-meter and 200-meter dashes), Maddie Nida (300-meter hurdles), Caitlin MacPherson (800-meter run) and Emma McKechnie (high jump) to place second with 116 points.MDI wasn’t originally scheduled to participate in the Ellsworth meet, but the Trojans’ plans changed when Friday’s meet in Bucksport was postponed to coincide with their home meet Monday in Bar Harbor. Aaron Long’s boys’ team beat out Hermon and Caribou to take second with 110 points as the girls’ team took home third with 84 points. Ellsworth’s Caitlin MacPherson and MDI’s Olivia Johnson (middle) and Olivia Watson compete in the 1,600-meter run May 4 in Ellsworth. With a time of 5:57.84, MacPherson was one of four runners to finish in less than six minutes. ELLSWORTH AMERICAN PHOTO BY LETITIA BALDWINSumner’s Logan Carter competes in the 800-meter run May 4 in Ellsworth. Carter (eighth place) and teammate Luke Barnes (12th place) gave the Tigers two finishers in the top third of the 38-runner field. ELLSWORTH AMERICAN PHOTO BY LETITIA BALDWINSumner’s Vea Beattie competes in the 200-meter dash May 4 in Ellsworth. Saturday’s meet drew 363 athletes from 12 schools to Del Luce Stadium. ELLSWORTH AMERICAN PHOTO BY LETITIA BALDWINEllsworth junior Anthony Benoit competes in the shot put May 4 in Ellsworth. ELLSWORTH AMERICAN PHOTO BY LETITIA BALDWIN1234PreviousNextThe MDI girls got relay wins in the 4-by-100 and 4-by-400 and individual wins from Marilyn Sawyer (200-meter dash) and Zoe Olson (1,600-meter run). Gilbert Isaacs won the discus throw and shot put for the MDI boys with distances of 132 feet, 5 inches and 49 feet, 3 inches, respectively.“We have young team, and that makes those improvements from meet to meet really important for us,” Long said. “We got some important practices under our belt leading up to this meet, and that helped us deliver a lot of good results.”For the Sumner girls, junior Blue Howard took sixth in the javelin throw with a distance of 78 feet, 7 inches. Logan Carter and Luke Barnes placed a respective eighth and 12th in the 800-meter run for the boys.On Monday, MDI hosted Sumner, Central, Narraguagus, Old Town and Penquis Valley in its first home meet this season. MDI scored 208 1/2 points to win the boys’ competition and fell two points short of first-place Old Town on the girls’ side. Howard recorded a throw of 85 feet, 1 inch to win girls’ javelin for Sumner, which also won the boys’ 4-by-800.Elsewhere Monday, Carter Tolmasoff (boys’ 100-meter dash), Nate Sawyer (boys’ 200-meter dash), Gavin Billings (boys’ shot put), Addie Morrison (girls’ 200- and 400-meter dash) and Angelina Cotoni (girls’ 100-meter hurdles) won individual events for Bucksport. The Golden Bucks got relay wins from their boys’ and girls’ 4-by-100 teams.Ellsworth will host Sumner, Bangor Christian, Calais, John Bapst and Narraguagus in its second home meet of the season at 3:30 p.m. Thursday, May 9. MDI will host Bucksport, George Stevens Academy, Hermon and Washington Academy at that time Friday, May 10.After those meets, local teams will participate in the Hancock County championships at 3:30 p.m. next Friday, May 17, in Bar Harbor. MDI will be looking to defend both its boys’ and girls’ titles, though Ellsworth and GSA will be eager dethrone the Trojans.“All of the sudden, we’re thinking championships after only a few weeks of being out on the track,” Richardson said. “Every team has to get up to speed fast.” Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at Latest Posts Bio MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020center_img Latest posts by Mike Mandell (see all) Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 Hospice volunteers help families navigate grief and find hope – September 12, 2020last_img read more

Cricket News How have India fared in ODI series in New Zealand? The answer is a sorry one

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. highlights New Delhi: In the last one year, Virat Kohli’s Indian cricket team have sought to erase some statistical anomalies in countries like Australia and South Africa. In the series against the Proteas, India registered a 5-1 series win, their first series win in South Africa in history to improve their record in the country. In the recently concluded series against Australia, they won the series 2-1 to register a bilateral series win for the first time Down Under. Now, they will be bidding to improve their record in New Zealand, a country where they have struggled in the past. Out of 34 ODIs played in New Zealand, they have managed just 10 wins, their joint-worst overseas after South Africa.Kohli’s side arrive to face a side who have lost just two series at home in the last five years, one to South Africa and one to England. In the last encounter between these two sides in 2014, New Zealand comprehensively thrashed MS Dhoni’s side in the ODIs. Kohli and his team face an immense burden of history but the team has shown, in performances in South Africa and Australia that they are not burdened by the poor numbers. Here is a look back at the previous India vs New Zealand series in the Land of the Long White Cloud. Virat Kohli scored a century in Napier but India still lost a game, which is a rarity. (Image credit: Twitter)1.)    India in New Zealand 2014 (Result: New Zealand won five-match series 4-0)Napier witnessed a slice of history in the first ODI as Virat Kohli slammed a century while chasing but India lost. It was the first time such a fate befell the Indian team as they lost a close game against an inspired New Zealand side by 24 runs. In a rain-affected game in Hamilton, New Zealand came out on the right side of the Duckworth-Lewis method to take a 2-0 lead in the series. In a humdinger in Auckland, New Zealand hit 314 and a late blitz from Ravindra Jadeja ensured the game was tied. Ross Taylor’s century in Hamilton gave them the series and an all-round show from the Kiwis in Wellington ensured India ended the series without a single win.Virender Sehwag was in top form for India in their only series win in New Zealand in 2009. (Image credit: Twitter)2.)    India in New Zealand 2009 (Result: India won the five-match series 3-1)MS Dhoni’s blazing 84 gave India the perfect start in Napier as they won by 53 runs. A wash-out in Wellington meant the series was still wide open. Sachin Tendulkar blasted 163, Yuvraj Singh 87 and Dhoni 63 in Christchurch as India notched up 392/4. New Zealand gave a spirited reply but they ended up 58 runs short. Virender Sehwag blasted 125 off 74 balls in the Hamilton ODI to give India their first-ever series win. However, New Zealand salvaged some pride as they won the final game in Auckland by eight wickets.The 2003 New Zealand tour was tough for India, getting bowled out for low scores in every game. (Image credit: Twitter)3.)    India in New Zealand 2003 (Result: New Zealand won seven-match series 5-2)In the World Cup year, New Zealand decided to roll out pitches which favoured bowlers and India were found wanting. In a series punctuated by low scores, New Zealand got the better of India in most of the games. In the first ODI at Auckland, New Zealand won by three wickets in their chase of 109. In Napier, they survived a Sehwag hurricane to win by 35 runs. India were bowled out for 108 in Christchurch and the hosts won by five wickets. In Queenstown, New Zealand claimed the series by chasing down 123 with seven wickets to spare. In Wellington, Yuvraj’s 54 and Zaheer Khan’s 34 gave India something to smile with a two-wicket win. In Auckland, Sehwag blasted 112 but a collapse almost resulted in embarrassment for India. Ashish Nehra held his nerve as India won the game by one wicket. In Hamilton, India were bowled out for 122 and New Zealand won the game by six wickets.  Rahul Dravid was the star of the 1999 tour to New Zealand as he hit a century and a fifty. (Image credit: Twitter)4.)    India in New Zealand 1999 (Result: Five-match series drawn 2-2)Rahul Dravid smashed 123 in Taupo but New Zealand chased down the target in a match affected by a power failure as they won the game by six wickets via Duckworth Lewis method. India bounced back in style with a tense two-wicket win in Napier and after a wash-out in Wellington, the series hung in the balance. In Auckland, Dravid hit a fifty along with Ganguly as they won the match by five wickets. Any hopes of a series win were dashed in the final match in Christchurch as Chris Cairns hit 115 and Chris Harris’ 4/40 helped New Zealand level the series 2-2.Sachin Tendulkar opened for the first time in international cricket during the tour in 1994. (Image credit: Twitter)5.)    India in New Zealand 1994 (Result: Four-match series drawn 2-2)A hat-trick from Danny Morrison in Napier gave New Zealand a 28-run win in the first ODI. In Auckland, India bowled New Zealand out for 142 and the match saw Tendulkar open the batting for the first time ever. He smashed 82 off 49 balls as India thrashed the Kiwis by seven wickets. Tendulkar (63) and Navjot Singh Sidhu (71) helped India reach 255/5 but Anil Kumble took 5/33 to help them win by 12 runs in Wellington. India’s hopes of a series win were extinguished when New Zealand won the final game in Christchurch by six wickets with a ball to spare. India have won only one bilateral series in New Zealand.India were thrashed 4-0 in New Zealand in 2014.India have won just 10 out of 34 ODIs in New Zealand.last_img read more

No. 24 Colorado looks for home win vs Stanford

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditStanford (16-6, 5-4) vs. No. 24 Colorado (18-5, 8-3)CU Events Center, Boulder, Colorado; Saturday, 6 p.m. ESTBOTTOM LINE: No. 24 Colorado looks for its sixth straight win over Stanford at CU Events Center. The last victory for the Cardinal at Colorado was a 74-50 win on Feb. 23, 2012. Associated Press No. 24 Colorado looks for home win vs Stanford February 7, 2020center_img TEAM LEADERSHIP: Colorado’s Tyler Bey has averaged 13.1 points and 8.6 rebounds while McKinley Wright IV has put up 13.5 points, 5.3 rebounds and 5.2 assists. For the Cardinal, Oscar da Silva has averaged 16.4 points and 6.5 rebounds while Tyrell Terry has put up 14.5 points and 4.9 rebounds.OFFENSIVE THREAT: da Silva has either made or assisted on 42 percent of all Stanford field goals over the last three games. The junior forward has accounted for 25 field goals and five assists in those games.UNDEFEATED WHEN: Colorado is a perfect 17-0 when it holds an opponent to 71 points or fewer. The Buffaloes are 1-5 when opponents score more than 71 points.TWO STREAKS: Stanford has dropped its last three road games, scoring 61.3 points and allowing 66 points during those contests. Colorado has won its last four home games, scoring an average of 79 points while giving up 58.8.GETTING DEFENSIVE: Stanford has held opposing teams to 59.9 points per game this year, the eighth-lowest figure among all Division I teams. ___For more AP college basketball coverage: and was generated by Automated Insights,, using data from STATS LLC, https://www.stats.comlast_img read more

No. 8 Stanford stuns Colorado 69-66 on 40-foot buzzer-beater

first_img February 16, 2020 No. 8 Stanford stuns Colorado 69-66 on 40-foot buzzer-beater She missed both free throws with 18.7 seconds remaining, and Prechtel grabbed the board. After a timeout, Williams worked her way free for the game-tying 3 with 12.9 seconds left.Colorado got the ball past halfcourt but Hollingshead was trapped and when she tried to get the ball to Caylao-do, Williams swiped it, dribbled once past halfcourt then launched the game-winner.Nadia Fingall added 13 points for Stanford, which sank 14 3-pointers two days after hitting 15 3s in a blowout of Utah.Hollingshead’s 19 points led four Buffs in double figures. Emma Clarke and Tuitele each scored 11 and Jaylyn Sherrod scored 10.BIG PICTURE Associated Press The Cardinal (23-3, 12-2 Pac-12) won its fifth straight game, and just like its 76-68 overtime win against Colorado three weeks ago, last-second heroics were necessary to escape the Buffaloes’ upset bid.The Buffs trailed by 12 early and eight at the half, but surged ahead 62-59 on Peanut Tuitele’s 3-pointer with 4½ minutes remaining. They didn’t trail again until Williams hit her desperate shot as the horn sounded.With the Buffaloes ahead 64-63, Colorado’s Aubrey Knight stole the ball from Lexie Hull with 29.7 seconds remaining, and Hollingshed was fouled. She sank her first free throw and missed her second, but Quinessa Caylao-do swooped in for the offensive rebound and she was fouled with 24.2 seconds left.Caylou-do also made one of two foul shots, putting Colorado ahead 66-63. Stanford freshman Ashten Prechtel, the star of the first meeting between the schools when her buzzer-beater sent the game into overtime, had an open 3-pointer for the tie but the shot hit the front of the iron and Colorado’s Emma Clarke corralled the rebound and drew the foul.center_img Stanford: The Cardinal’s eighth win in nine games shows Stanford is rounding into form for the postseason, and close calls such as this might prove handy come NCAA tournament time. With 1,090 wins, coach Tara VanDerveer is nine victories shy of passing Pat Summitt (1,098) as the winningest coach in women’s college basketball history. Colorado: With a little luck, the Buffs could have swept Stanford. This heartbreaker was even worse than the one three weeks ago when Hollingshed hit a 3-pointer with less than 2 seconds to play in regulation for a 64-62 lead but Stanford tied it with a perfect inbound pass and layup by Pretchel to send the game into overtime. UP NEXT Stanford hosts Oregon State on Friday night.Colorado continues its four-game homestand by hosting Arizona State on Friday night. Share This StoryFacebookTwitteremailPrintLinkedinRedditBOULDER, Colorado (AP) — Junior Kiana Williams hit a game-tying 3-pointer with 12 seconds left, then stole the ball from Mya Hollingshed and sank a 40-footer at the buzzer to send eighth-ranked Stanford past Colorado 69-66 Sunday.Williams, whose 29 points and seven 3-pointers were both career highs, looked as stunned as the Buffaloes and their fans as her teammates swarmed her and celebrated in a pile in front of their bench while the officials went to the monitors to confirm the basket was good.The Buffaloes (15-10, 4-10 Pac-12) were on the verge of their first win over a Top 25 team since 2016, but they were held without a basket over the final 3:06 after taking a 64-59 lead and they missed four of six free throws in the final 26 seconds with a chance to ice it. ___More AP women’s basketball: and read more