FX reserves edge up to $22.5b

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $23.7 million during the week ended August 7, 2026, reaching $22,498.3 million, according to data released by the State Bank of Pakistan. Foreign reserves held by the central bank rose by $14 million to $17,057 million. Net foreign reserves held by commercial banks increased by $9.7…

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Key talking points as La Liga begins

Defending champions Barcelona and Real Madrid will not be in action in the opening week. Photo: AFP BARCELONA: Spain’s top flight kicks off the 2026/27 season on Saturday, although defending champions Barcelona and Jose Mourinho’s Real Madrid are not in action yet. AFP Sport looks at five talking points going into the first round of…

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Exporters urge govt to address cost pressures

Apparel sector becomes uncompetitive due to fuel price uncertainty, costly power and gas LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has urged the government to take immediate measures to address the growing cost pressures and logistics disruptions affecting Pakistan’s export-oriented apparel sector. In a statement, PRGMEA North Zone Chairman Imran Salahuddin said…

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Swiatek rolls past Rybakina for WTA Toronto title

Iga Swiatek poses with her trophy after defeating Kazakhstan’s Elena Rybakina in a National Bank Open final tennis match, in Toronto. Photo: AFP TORONTO: Former world number one Iga Swiatek captured her first title of the year on Thursday, roaring past a weary Elena Rybakina 6-2, 6-3 to win the WTA 1000 in Toronto. Swiatek,…

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India set for trial by spin in Sri Lanka opener

An inexperienced India, missing several key players, face Sri Lanka in Galle from Saturday. Photo: AFP GALLE: An inexperienced India missing several key players face Sri Lanka in Galle from Saturday in the first of two Tests with coach Gautam Gambhir under immense pressure. Pace spearhead Jasprit Bumrah, spinner Washington Sundar and batter Sai Sudharsan…

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Govt mulls tokenisation of real estate, other assets

Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met Pakistan Digital Authority (PDA) Chairperson Dr Sohail Munir to discuss digital transformation, digital finance and measures to improve access to finance through technology, a statement from the Ministry of Finance said on Thursday. Aurangzeb emphasised the…

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Pakistan reach Asian netball plate division final

Pakistan’s women’s netball team marked Independence Day celebrations with a commanding victory, defeating Japan 53-25 in the semi-final of the Asian Netball Championship 2026 plate division in Hong Kong. Pakistan dominated the semi-final from the outset and maintained their momentum until the final whistle, completing a 28-point victory over Japan. The result has set up…

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Japan’s record rains strand thousands at Narita airport; kill eight

Over 360mm rain falls in 24 hours, leaves 20,000 households without power as soldiers dispatched to aid relief efforts A passenger looks at a screen announcing suspended train services at a train station at Narita International Airport, in Narita, Chiba Prefecture, Japan, August 14, 2026. PHOTO: REUTERS Record rainfall in Japan stranded thousands of travellers at Tokyo’s…

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