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Zalmi crush Kings in PSL record rout

Kusal Mendis and Babar Azam powered Peshawar Zalmi to a record-breaking 159-run victory over Karachi Kings. Photo: PSL/FILE Karachi Kings suffered the heaviest defeat in Pakistan Super League history on Thursday as Peshawar Zalmi stormed to a 159-run victory, powered by a brutal century from Kusal Mendis and an unbeaten 87 from Babar Azam. Both…

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World Bank cuts GDP forecast to 3%

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS ISLAMABAD: The World Bank on Thursday cut Pakistan’s economic growth forecast to 3% for this fiscal year due to adverse implications of the Middle East war, which is significantly lower than the estimates that Islamabad…

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Villa reach Europa League semis

MADRID: Ollie Watkins scored twice as Aston Villa beat Bologna 3-1 in their Europa League quarter-final, first leg on Thursday, while Nottingham Forest held Porto 1-1 thanks to a comical own goal from Martim Fernandes. Freiburg also have one foot in the last four after beating Celta Vigo 3-0.Villa boss Unai Emery is aiming to…

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SBP reserves rise $19m to $16.4b

State Bank of Pakistan. Photo: File KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a modest increase of $19 million on a weekly basis to reach $16.4 billion, according to the latest data released by the SBP. The country’s total liquid foreign reserves stood at $21.89 billion, indicating a…

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Sindh CTD arrests suspected target killer linked to banned outfit in Karachi

Suspected target killer linked to banned group arrested in Karachi joint operation. PHOTO: EXPRESS KARACHI: The Counter-Terrorism Department (CTD) Sindh, in a joint operation with a federal intelligence agency, arrested a suspected target killer linked to the banned outfit Zainabiyoun Brigade on Friday near University Road, Karachi. According to a statement issued by the CTD,…

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Pakistan, Ethiopia envisage trilateral maritime alliance

Experts say sustainable future of Pakistan’s maritime sector is in green shipping plan. PHOTO: EXPRESS ISLAMABAD: Pakistan and Ethiopia have agreed to explore the establishment of a trilateral maritime alliance, potentially involving Djibouti, aimed at enhancing trade connectivity between Asia and Africa. The understanding was reached during a meeting between Federal Minister for Maritime Affairs…

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