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Pakistan eye Asian Games upset

Pakistan squad pose for a picture after victory over Chinese Taipei during the 19th Asian Games at Hangzhou, China. Photo PVF KARACHI:  Pakistan’s men’s volleyball team are aiming to defy the odds at the Asian Games in Japan this month, with manager and former captain Naseer Ahmed confident the side can challenge stronger opponents and push … Read more

US officials discuss smaller Mideast footprint after Iran conflict: CNN

Informal discussions include potential troop, facility cuts and hardened defences, CNN reports Operation Epic Fury has seen the biggest build up of US forces in the Middle East in a ‘generation’. PHOTO: AFP VIA US NAVY US military and intelligence officials have begun discussing a potential reduction in personnel and facilities permanently stationed in the … Read more

IMF fourth review next major test

[ Textile firms set to recover, $3b bond strengthens buffers but inflation tests recovery The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS KARACHI: Pakistan’s economic recovery is facing its first major test from a new wave of external pressures, with higher oil prices … Read more

PSX sheds 1,920.49 points amid Middle East tensions

KARACHI: Pakistan Stock Exchange (PSX) came under renewed selling pressure on Tuesday, with the benchmark KSE-100 index losing 1,920.49 points, or 1.11%, to reach 171,715.58 during midday trading at around 1:19pm as uncertainty over the rapidly evolving Middle East conflict continued to weigh on investor sentiment. The index had opened on a weak note, declining … Read more