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Articles for tag: Bangladesh, Cup, expresses, hosting, Interest, matches, PCB, t20, world

January 12, 2026

News Desk

PCB ‘expresses interest’ in hosting Bangladesh matches in T20 World Cup

Bangladeshi players celebrate the wicket of India’s Tilak Varma during the Asia Cup 2025 match between India and Bangladesh at the Dubai International Cricket Stadium, Dubai, United Arab Emirates on September 24, 2025. — Reuters LAHORE: The Pakistan Cricket Board (PCB) has expressed interest in hosting Bangladesh’s matches in the ICC T20 World Cup 2026 after the Bangladesh Cricket Board (BCB) announced that the Liton Das-led team will not travel to India due to security reasons. According to PCB sources, Pakistan’s “ready and fully equipped” venues could be offered as an alternative if the Sri Lankan venues are not available.

January 6, 2026

News Desk

Interest rate cut hopes drive PSX higher

Shares of 345 companies were traded. At the end of the day, 75 stocks closed higher, 254 declined and 16 remained unchanged. PHOTO: FILE KARACHI: In a strong rally, the Pakistan Stock Exchange (PSX) on Monday soared to a new high above 182,400, up 3,373 points, on expectations of further monetary easing and macroeconomic stability. During the session, the benchmark KSE-100 touched an intraday high of 183,964, while the intraday low was recorded at 179,535, reflecting healthy activity. Buying interest was mainly seen in key sectors such as fertilizers, cement, commercial banks and oil and gas companies. Investor sentiment was

December 21, 2025

News Desk

Japan’s interest rate hike signals a new phase of tightening

BOJ raises short-term interest rate to 30-year high on persistent inflation and economic worries The Bank of Japan (BOJ) raised its key interest rate to 0.75%, marking its highest level in three decades. The move, which followed a two-day policy meeting, comes as the country grapples with persistent inflation and concerns about its economic future, the Associated Press (AP) reported. The 25 basis point rate hike follows several previous hikes in 2024, culminating in this policy change, which was widely expected by analysts. The BOJ’s decision marks a new phase of monetary tightening after years of ultra-low interest rates designed

December 17, 2025

News Desk

SBP defies market expectations by cutting interest rates by 50 basis points

An undated image of the State Bank of Pakistan building in Karachi. — AFP Interest rate cut despite inflationary pressures, external estimates. Market experts expected the central bank to keep policy rates on hold. This is the first rate cut since May 5, 2025. The State Bank of Pakistan (SBP) on Monday cut its key policy rate by 50 basis points to 10.5 percent in a surprise move despite food-driven inflationary pressures and external estimates. In the last four monetary policy meetings, the central bank had observed the status quo. The latest 100 bps cut was announced after the May

November 29, 2025

News Desk

IMF highlights conflict of interest loopholes as fiscal deficit hits Rs 428bn

Islamabad: As the fiscal deficit widens to Rs 428 billion in five months, the International Monetary Fund (IMF) has expressed concern over hiring a new management at the Federal Board of Revenue’s (FBR) data arm and outsourcing its core functions without first developing a conflict of interest policy. The observations made by the IMF in its Governance and Corruption Diagnostic Assessment on Pakistan Revenue Automation Limited (PRAL) confirmed a February story by The Express Tribune that had highlighted these lapses. “Although legally required, a code of conduct and conflict of interest policy have not been developed,” said the IMF report

November 29, 2025

News Desk

The SIFC urges a review of the tax regime, interest rates and exchange rate policy

Warns excessive taxes, high rates hurt investment, calls for export-led strategy instead A view of business offices and residential apartments under construction in Karachi, Pakistan, September 23, 2025 Photo: Reuters Islamabad: Special Investment Facilitation Council (SIFC) National Coordinator Lt. Gen. Sarfraz Ahmad on Thursday unveiled a road map to make the economy competitive by significantly reducing the tax burden on businesses, reducing interest rates and having a realistic exchange rate. In an address to Pakistan’s top businessmen, the SIFC coordinator said the country’s development plan was “lacking”. He urged all stakeholders to agree on an export-led model of economic growth

November 25, 2025

News Desk

Gold remains steady as interest rates fall in the eyes of investors

At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan remained flat on Monday, with the local market seeing gold per tola trading at Rs 428,862. Similarly, 10 gram gold was sold for Rs 367,680, according to the Sarafa Jewelers and Jewelers Association of Pakistan. On Saturday, gold rose by Rs 2,300 to Rs 428,862 per tola. The stability on Monday comes amid support for the global market due to rising expectations of a Federal Reserve rate cut next month and a weaker US dollar. Internationally, spot gold was up 0.6 percent

October 12, 2025

News Desk

Saudi Prince visits Karachi, expresses interest in investment

N President Saudaravo-PAK Community Business Council Prince Mansur bin Mohammad bin Saad al-Saud meets Governor Sindh Kamran Tessori at Governor House. – Governor Karachi House President of the Saudi Arabian Common Business Council Prince Mansour Bin Mohammad bin Saad al Saud were all smiles as his highway entered House Governor Karachi. The young detectors threw rose petals and the wind was full of Oud aroma to welcome the Saudi officials. The 30 -member delegation was warmly welcomed by Sindh Governor Kamran Tessori, who introduced them to Karachi’s top industrialists and businessmen, everyone lined up to receive them. A flag lifting

October 7, 2025

News Desk

Gold strikes new high levels in interest rates reduction bets

Karachi: Gold prices in Pakistan have risen to new high levels of all time on Monday, reflecting the international increase in precious metal more than $ 3,900 per ounce, fueled by increasing expectations to reduce US federal interest rates and increased economic and increased economic and increased economic and politics. According to the Pakistan Association Sarafa Gems and Jewelers (Apsgja), the price of gold per Tola reached RS415,278 after an increase in a day of RS5,400, while the rate for 10 grams increased by RS4,629 to be installed on RS356,033. On Saturday, the Per-Tola price had already climbed RS409,878 after

September 22, 2025

News Desk

France recognizes the “state of Palestine” in the interest of “peace”

President Emmanuel Macron announced on Monday the long -awaited recognition of a Palestinian state of France, saying he was acting in the interest of peace in the midst of Israeli and American criticism. “France now recognizes a state of Palestine,” Macron told the UN Summit, as the Palestinian delegation led a cheer, saying it supported “peace between Israeli and Palestinian peoples”. Read more: The United Kingdom, Canada, Australia and Portugal officially recognize the Palestinian state affair However, he reiterated that Paris would not open an embassy until the ceasefire in Gaza and the release of all hostages. “I may be

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