Gold down as US jobs data lifts Fed hike bets

KARACHI: Gold prices in Pakistan declined on Monday, tracking losses in the international market after Friday’s strong US jobs report strengthened expectations of a Federal Reserve rate hike this month. Investors are now waiting for key inflation readings for clearer clues on the policy path. In the local market, the 24-karat gold was quoted at…

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Maresca admits City players tired

The coach says players returning from international duty have had little time to recover PORTO: Manchester City coach Enzo Maresca said on Monday finding form early in the season “was not easy” for his World Cup players ahead of the club’s Champions League opener at Porto. “I think it’s correct that you see these kind…

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IHC summons all provincial chief secretaries, IGs over petition challenging PTI’s Sept 27 march

Petitioner says protests cause financial losses, refers to 2024 PTI protest, violence that erupted Islamabad High Court. PHOTO: FILE ISLAMABAD: The Islamabad High Court (IHC) on Tuesday summoned the chief secretaries and inspectors general of police of all four provinces to appear in person over a petition challenging the Pakistan Tehreek-e-Insaf’s (PTI) planned protest and…

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Renegades up for sale

SYDNEY: The Big Bash League is to be partially privatised, beginning with the sale of the struggling Melbourne Renegades, Cricket Australia announced on Tuesday. The governing body wants to bring in private investment to the Twenty20 competition as it looks to shore up the game’s financial future which has come under threat from lucrative leagues…

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Japan name squad for India T20I

The squad is the same group selected for Japan’s Asian Games campaign in Nagoya. Photo: AFP Japan have named their squad for a historic men’s Twenty20 international against India, the reigning ICC T20 World Cup champions and world’s top-ranked side, on September 22 at Sano International Cricket Ground. The squad is the same group selected…

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Petrol price jumps Rs12.9 per litre

OGRA increased HSD and Petrol prices from March 01. PHOTO: PEXELS ISLAMABAD: The federal government on Monday hiked the price of petrol and high-speed diesel (HSD) by Rs12.9 and Rs3.72 per litre, respectively, for September 8. According to a notification issued by the Petroleum Division, the price of petrol was fixed at Rs358.77 per litre,…

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Aurangzeb reviews progress on PASSCO, USC closure

Meeting deliberates on staff severance package, settlement of vendor liabilities, disposal of stocks Finance Minister Muhammad Aurangzeb. Photo: File ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb chaired a meeting to review progress on the closure of Pakistan Agricultural Storage and Services Corporation (Passco) and Utility Stores Corporation (USC) and to assess the remaining measures required…

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Archer in ‘good place’ after injuries

England’s Jofra Archer during practice session at Edgbaston Cricket Ground in Birmingham, Britain on September 7, 2026. Photo: REUTERS LONDON: England paceman Jofra Archer believes he is now in a “good place” after a succession of career-threatening injuries but said there had been some benefits from lengthy spells on the sidelines. Barbados-born Archer arrived in…

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