ME conflict to slow MENAP economies: IMF

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS ISLAMABAD: The ongoing Middle East conflict is likely to create a significant economic slowdown and heightened risks across the MENAP region, IMF Resident Representative Dr Mahir Binici said at an outreach session at the Sustainable…

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Young fires 67 to seize PGA lead

MIAMI: Fourth-ranked Cameron Young rode a hot start and surged to a five-stroke lead after Friday’s second round of the PGA Cadillac Championship. Young birdied four of the first seven holes on his way to firing a five-under par 67 and stand on 13-under 131 after 36 holes at Trump National Doral in Florida. “I’ve…

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Leeds beat Burnley to virtually secure EPL survival

Leeds United’s Dominic Calvert-Lewin in action with Burnley’s Florentino Luis. Photo: REUTERS LONDON: Leeds all but secured their place in the Premier League next season with a 3-1 win over already-relegated Burnley on Friday. Goals from Anton Stach, Noah Okafor and Dominic Calvert-Lewin took Daniel Farke’s side nine points clear of the relegation zone with…

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Yen jumps on suspected intervention

US stock indexes rose, while most major European markets were closed for holidays SYDNEY/LONDON: Global shares steadied on Friday with investor focus staying on currency markets, after the yen briefly jumped against the dollar for a second straight day. The dollar lost as much as 1% against the yen in a matter of minutes on…

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An Australian’s tears

Hyderabad captain Marnus Labuschagne got emotional following a nail-biting finish against Islamabad United. Photo: HYDERABAD KINGSMEN KARACHI: The match ended, and the players began celebrating the victory. Amidst the celebrations, someone asked, “Where is the captain?” When they looked around, they saw him covering his eyes with his arm, shedding tears. Shortly after, he joined…

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Pakistan, Türkiye reaffirm strategic ties

The Turkish leadership expressed support for Islamabad’s constructive role in addressing regional challenges “Our main objective is the permanent termination of war,” says Dar. PHOTO: ANADOLU ISLAMABAD: FM Ishaq Dar met with Türkiye’s Ambassador Irfan Neziroglu, who called on him at the Ministry of Foreign Affairs on Friday, where both sides reaffirmed their commitment to…

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Steps on to execute refinery policy

ISLAMABAD: The government has become active again amid the US-Iran conflict, taking measures to implement the new oil refinery policy to make the country self-sufficient in oil supplies. The Special Investment Facilitation Council (SIFC) is pushing the relevant ministries to resolve the General Sales Tax (GST) waiver issue. Owing to the GST concession, refineries and…

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Detroit Pistons, Toronto Raptors survive

Cade Cunningham #2 of the Detroit Pistons is guarded by Paolo Banchero #5 of the Orlando Magic during the game during Round One Game Six of the 2026 NBA Playoffs. Photo: AFP LOS ANGELE: The top-seeded Detroit Pistons recovered from the brink of elimination with an astounding comeback against Orlando as the Los Angeles Lakers…

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