Hesson eyes Test team rebuild

Pakistan interim Test coach Mike Hesson said the team’s sweeping mid-series changes were far from ideal but believes a crop of fresh faces can bring variety as they seek to avoid a series whitewash against England in the third and final Test. Pakistan have brought seven players into their squad for the match at Edgbaston,…

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IT exports soar, AI triggers job cuts

KARACHI: Pakistan’s information technology industry has just posted its strongest year on record. It has also started shedding people faster than at any point in its recent history. Both statements are true, and that is the paradox now hanging over the country’s most celebrated export story. State Bank of Pakistan (SBP) data show IT and…

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FIFA U-20 Women’s World Cup begins

POLAND: Some 15,000 people are expected for the opening matches of the Under-20 Women’s World Cup on Saturday, but it is not yet clear whether FIFA President Gianni Infantino will be among them. The tournament, which runs until September 27 in Poland, is the first major FIFA competition that could have been affected by the…

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Trade deficit jumps 18% to $7.1b

ISLAMABAD: Pakistan’s trade deficit jumped 18% to $7.1 billion during the first two months of the fiscal year, as exports grew at half the rate of imports – an amount that is more than double of the expensive $3 billion debt Pakistan raised on Thursday from international capital markets at a profit rate of 7.9%…

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Zverev survives US Open five-set epic

NEW YORK: Top-seeded Alexander Zverev kept his bid for a first US Open title on track with a gritty five-set victory over Quentin Halys, staying the course as a spate of upsets rocked the men’s draw on Thursday. A trio of former women’s champions — Coco Gauff, Iga Swiatek and Naomi Osaka — booked third-round…

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PSX closes with modest gains of 400 points

KARACHI: The Pakistan Stock Exchange (PSX) ended Friday on a modestly positive note, with the benchmark KSE-100 Index closing at around 175,330 points, up almost 400 points, after spending most of the session under pressure. The KSE-100 Index closed at 175,328 points, up 0.24% DoD (+399 points), with 259 million shares traded. Trading activity remained…

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Oil rises as Israel threatens Iran again

Putin hints at peace deal, Tehran adds ships to list of those it will penalise if they cross the Strait NEW YORK: Oil prices rose on Thursday after US strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to Middle East supplies, while comments from Russian President Vladimir Putin signalling openness…

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India, Japan set for historic T20I

India and Japan will meet for the first time in international cricket when they face off in a men’s T20I on September 22. The Japan Cricket Association (JCA) and Board of Control for Cricket in India (BCCI) confirmed that the match will be played at the Sano International Cricket Ground in Tochigi Prefecture. The contest…

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