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FX reserves jump to $14.5b

[ Listen to article KARACHI: Pakistan has quietly achieved a macroeconomic milestone that would have seemed implausible just a year ago: the State Bank of Pakistan’s (SBP) foreign exchange reserves have surged to $14.5 billion, up from a perilous $3.7 billion in May 2023. This turnaround is more than just a statistical rebound; it reflects a profound … Read more

Are stabilisation measures backfiring?

[ Listen to article LAHORE: The stabilisation measures have impacted the real economy a great deal. The market economy has been growing slowly, as indicated by the statistics of GDP. The current account surplus from July to May 2025 remained around $1.8 billion. This surplus has been achieved at the expense of imports, where deliberate attempts have … Read more

Wellens wins Tour de France stage 15

CARCASSONNE: Tim Wellens overpowered his breakaway companions in brutal fashion to claim victory on Stage 15 of the Tour de France, offering yet another sign – if one was needed – of UAE Team Emirates-XRG’s iron grip on the race. The Belgian national champion, one of defending champion and overall leader Tadej Pogacar’s domestiques, jumped … Read more

Why global giants pulling out

Listen to article ISLAMABAD: The announcement in July 2025 that Microsoft had closed its local office in Pakistan after 25 years sent ripples through a country already struggling to attract foreign investment. The tech giant, which had established its Pakistani presence in the early 2000s and had since played a vital role in licensing, software partnerships, and … Read more

Short ruled out of first WI T20I

Australia on Sunday announced their playing XI for the opening T20I against the West Indies, scheduled to be held later in the day, with Mitchell Owen set to make his international debut and Jake Fraser-McGurk returning to the side as an opener. The team suffered a setback ahead of the five-match series, as all-rounder Matt … Read more

Snoop Dogg buys stake in Welsh football club

swansea owners hope snoop can boost the club s profile photo file

LONDON: Snoop Dogg has become co-owner of Championship side Swansea City in an unlikely alliance between the world of rap and football, the Welsh club announced. The 53-year-old American star joins former Real Madrid stalwart and Croatia World Cup finalist Luka Modric in the club’s ownership structure. Snoop Dogg made a surprise appearance on the … Read more

Emon stars as BD stun Pakistan

Bangladesh secured a commanding seven-wicket victory over Pakistan in the first T20I of the three-match series at the Shere Bangla National Stadium on Sunday, thanks to a match-winning half-century from Parvez Hossain Emon. Chasing a modest target of 111, the hosts suffered early setbacks as debutant Salman Mirza struck twice in his opening spell. He … Read more

Why we can’t resist a good treasure hunt – and ‘Outer Banks’ knows it

Why we can’t resist a good treasure hunt – and ‘Outer Banks’ knows it

KARACHI: When Outer Banks first premiered on Netflix in 2020, few could have predicted that a teen drama set against the backdrop of North Carolina’s windswept coastlines would become a global sensation. Yet, everyone’s COVID-19 watch has captivated audiences worldwide, including consistently ranking in Pakistan’s Top 10 with each new season. Now, with Outer Banks … Read more

PTI urges judiciary to ‘rise above pressure’

LAHORE: Pakistan Tehreek-e-Insaf (PTI) on Sunday appealed to the Chief Justice of Pakistan (CJP) Yahya Afridi to ensure impartial and conscience-driven decisions in all pending political cases. Addressing a press conference, senior PTI leaders Sardar Latif Khosa and Intezar Hussain Panjutha accused the state of orchestrating baseless cases against the party leaders and workers following … Read more