PSX, no change, policy rate, KSE-100 index, gains 945 points, profit-taking

[ OUR CORRESPONDENT: The Pakistan Stock Exchange (PSX) reversed course on Monday following two days of profit-taking as investors widely anticipated that the State Bank of Pakistan’s monetary policy committee (MPC) would leave policy rate on hold at 11%. Triggered by investor interest in selective stocks of banking, cement, fertiliser and energy sectors, the benchmark … Read more

PCB chief suspends Usman Wahla over Asia Cup handshake controversy

DUBAI: Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has suspended Director International Usman Wahla over the recent handshake controversy, citing his failure to manage the situation during the high-voltage Asia Cup clash between Pakistan and India in Dubai. At the same time, the PCB has written to the International Cricket Council (ICC) and the Marylebone … Read more

New Zealand’s Williamson available for T20 World Cup on casual contract

MELBOURNE: Kane Williamson has confirmed his availability for the T20 World Cup as part of a group of New Zealand players signed up for casual contracts, but the Black Caps batting great will miss next month’s T20I series against Australia.  Finn Allen, Devon Conway, Lockie Ferguson and Tim Seifert also agreed to casual deals for … Read more