Another exchange loses licence over violations

. KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorisation of M/s Time Exchange Company (Pvt) Limited with immediate effect due to serious violations of its regulatory instructions, according to a statement issued on Monday. The central bank said the exchange company, including its head office and all branches, has been prohibited from…

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Belgium held by Iran as Ngoy sent off

Disaster struck for Belgium as Nathan Ngoy was sent off. Photo: AFP MIAMI: Belgium were held to a scoreless draw by Iran in a frustrating encounter Sunday that saw the Red Devils reduced to 10 men and facing the possibility of group-stage elimination for a second straight World Cup. A star-studded though ageing lineup including…

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Truckers return home after 9-month ordeal

Hundreds of Pakistani drivers and conductors stranded in Afghanistan head home as Afghan repatriations gather pace KHYBER: Hundreds of Pakistani truck drivers and conductors stranded in Afghanistan for nearly nine months have finally begun returning home, while authorities on both sides of the border continue to accelerate the repatriation of Afghan nationals from Pakistan. The…

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Cape Verde fight back for second World Cup draw

Cape Verde’s Helio Varela in action against Uruguay at Miami Stadium in Florida. Photo: REUTERS MIAMI: World Cup debutants Cape Verde scored a second-half equaliserto salvage a 2-2 draw against Uruguay on Sunday in Miami, backing up their shock opening stalemate with Spain. Cape Verde took a surprise 21st-minute lead as Kevin Pina scored their first World Cup…

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Aggressive FIA crackdown cuts illegal migration by 47%

Two Libya operations bring home over 200 Pakistanis from detention centres and trafficking networks File image of migrant boat. PHOTO: REUTERS Driven by the pursuit of better economic opportunities, thousands of Pakistani citizens fall prey every year to organised criminal networks operating hazardous, unauthorised international land and sea routes. Popularly known as the “Dunki” route,…

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England face defensive questions

Croatia twice breached England’s defence in their World Cup opener. Photo: AFP/File MIAMI: England’s much-vaunted attack clicked impressively in their opening World Cup win over Croatia, but defensive fears linger as they attempt to seal a place in the knockouts on Tuesday. Thomas Tuchel’s men were twice pegged back in the first half in Arlington, Texas, before…

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