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Williams sets up final showdown with Li Na in Istanbul

October 26, 2013 -- Updated 2251 GMT (0651 HKT)
Serena Williams fought off a determined Jelena Jankovic to reach the final of the WTA Championhips in Istanbul.
Serena Williams fought off a determined Jelena Jankovic to reach the final of the WTA Championhips in Istanbul.
  • World No.1 reaches final with three-set win over Jelena Jankovic
  • Williams will play China's Li Na for first prize of over $2 million
  • Li's semifinal win lifts her to World No.3 -- the highest-ever ranking for an Asian woman
  • Roger Federer through to ATP Tour final in Basel, Switzerland

(CNN) -- Defending champion Serena Williams overcame a gutsy display from Jelena Jankovic on Saturday to reach the final of the WTA Championships in Istanbul.

The World No.1 was forced to work hard against her Serbian opponent in the Sinan Erdem Dome, but eventually came through to win in three sets 6-4, 2-6, 6-4 to set up a showdown with China's Li Na in Sunday's final.

Williams started slowly and was soon 3-1 down but fought back to take the opening set. But any thoughts of a quick finish were dashed as errors crept into the American's game. Jankovic took full advantage winning the set with ease.

A more composed Serena returned in the deciding set which she won 6-4 but not before Jankovic had gamely saved three match points.

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"I'm just really trying out here. I think my body's a little tired after so many matches -- I think yesterday I kind of hit a wall. But I'm just fighting out here," Williams said.

"Honestly I'm just happy to still be in the tournament, and I'm honoured to be in the final again."

Li's match against Petra Kvitova was a less exhausting affair with the 31-year-old seeing off the Czech left-hander 6-4, 6-2.

Li had already broken new ground by becoming the first Chinese woman to reach the semifinals of the WTA Championships, but by beating Kvitova, she has risen to World No.3 and becomes the highest ranked Asian women in history.

With both Li and Williams undefeated in the tournament so far, the winner of Sunday's match will walk away with £2,145,000 while the runner-up is guaranteed $1,090,000.

Fed to face del Potro

Meanwhile at the ATP World Tour 500 event in Switzerland, Roger Federer is safely through to the final of the indoor event in Basel.

The Swiss star who is currently No.6 in the world rankings will face Argentina's Juan Martin del Potro on Sunday after beating Canada's Vasek Pospisil 6-3, 6-7, 7-5 on Saturday.

Del Potro also needed three sets (6-4, 4-6, 6-2) to overcome France's Edouard Roger-Vasselin.

At the other ATP World Tour 500 event in Valencia, David Ferrer will face Russia's Mikhail Youzhny in Sunday's final.

The Spanish star overwhelmed compatriot Nicolas Almagro 6-2, 6-3 in Saturday's semifinal while Youzhny beat his fellow countryman Dmitry Tursunov 6-2, 6-4.

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