Author: i2wtc

LAHORE: Pakistan women’s cricket team will play nine One-day Internationals and as many T20 Internationals on home and away basis, besides competing in the T20 and ODI World Cups during the 2025-26 activity calendar, the Pakistan Cricket Board announced on Friday. Before participating in the 50-over ICC Women’s World Cup, Pakistan will play only one series of three matches against South Africa in Lahore from Sept 16 to 22. The World Cup is scheduled to be held in India from Sept 30 to Nov 2 but Pakistan will play their matches of the global event in Sri Lanka under the…

US President Donald Trump said on Friday up to five jets were shot down during recent Pakistan-India hostilities that began after an April attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK), with the situation calming after a ceasefire in May. Trump, who made his remarks at a dinner with some Republican US lawmakers at the White House, did not specify which side’s jets he was referring to. “In fact, planes were being shot out of the air. Five, five, four or five, but I think five jets were shot down actually,” Trump said while talking about the India-Pakistan hostilities,…

LAHORE: The financial woes of the cash-strapped Pakistan Hockey Federation (PHF) are likely to deepen as the Pakistan Sports Board (PSB) has refused to release travel and daily allowances (TA/DA) for national hockey teams and has also demanded a detailed account of the funds disbursed to the federation over the past year. In a letter addressed to PHF president Tariq Hussain Bugti on Friday — a copy of which was obtained by Dawn — the PSB raised several objections and sought an explanation from the federation over its failure to provide the required documentation related to previously allocated funds. “I…

LAHORE: The financial woes of the cash-strapped Pakistan Hockey Federation (PHF) are likely to deepen as the Pakistan Sports Board (PSB) has refused to release travel and daily allowances (TA/DA) for national hockey teams and has also demanded a detailed account of the funds disbursed to the federation over the past year. In a letter addressed to PHF president Tariq Hussain Bugti on Friday — a copy of which was obtained by Dawn — the PSB raised several objections and sought an explanation from the federation over its failure to provide the required documentation related to previously allocated funds. “I…

Listen to article ISLAMABAD: Pakistan and the United States agreed to enhance trade and economic cooperation to foster a mutually beneficial partnership, following a high-level meeting between Finance Minister Muhammad Aurangzeb and US Secretary of Commerce Howard Lutnick on Friday, the finance ministry said. According to a statement, the Pakistani delegation also met with United States Trade Representative (USTR) Ambassador Jamieson Greer in Washington, DC. The discussions focused on advancing economic engagement, expanding market access, and identifying new avenues for collaboration. Both sides expressed satisfaction over the progress made in bilateral trade relations — a key pillar of Pakistan-US ties — and…

Listen to article ISLAMABAD: Talks between the government and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) concluded on a positive note on Friday, calling for the postponement of the nationwide shutter-down strike initially scheduled for Saturday. However, Karachi Chamber of Commerce and Industry (KCCI) has maintained its call for a strike, citing unresolved concerns with the Finance Act 2025. A special committee was formed to address the grievances of traders regarding the controversial Finance Act. The committee, chaired by Prime Minister’s Special Assistant on Industries, Haroon Akhtar, convened with representatives from various chambers of commerce to discuss the amendments…

Listen to article At least 30 Palestinians have been killed by Israeli strikes across Gaza since dawn, including seven people reportedly seeking aid, according to medical sources on Friday.  Two of the victims were killed in the al-Shakoush area northwest of Rafah in southern Gaza, hospital officials said. The United Nations reiterated its call for an immediate ceasefire, warning that children in Gaza are running out of time. “In Gaza, time is running out for children caught up in the horrors of war,” the UN said in a statement on X. “How much longer until a ceasefire is reached so that bombs…

Listen to article KARACHI: The Pakistan Stock Exchange (PSX) wrapped up the week on a volatile note as the benchmark KSE-100 Index briefly breached the 140,000 level before succumbing to profit-taking pressure. After swinging between gains and losses, the index ultimately settled at 138,597 — down just 68 points, or 0.05%. The day’s highlight was the announcement of a $2.1 billion current account surplus for FY25 — Pakistan’s first annual surplus in over two decades. The surplus was credited to disciplined external account management, import compression, improved exports, and rising remittances, providing a much-needed boost to investor sentiment, according to Arif Habib…

Listen to article LAHORE: Just as large swathes of the country continue to reel from torrential monsoon rains and the rising human toll they have taken, the authorities on Friday sounded the alarm bells once again. A fresh monsoon wave, from July 20 to 25, is set to batter several regions, with authorities warning of heavy rainfall, gusty winds, dust storms and potential flash floods in the days ahead. Most districts of Punjab are expected to face stormy weather even as emergency services continue to pull bodies from the rubble and rescue citizens trapped in rising waters. With the fourth monsoon spell…

On June 6, online real estate service Opendoor was so desperate to get its beaten-down stock price back over $1 and stay listed on the Nasdaq that management proposed a reverse split, potentially lifting the price of each share by as much as 50 times.The stock inched its way up over the next five weeks.Then Eric Jackson started cheerleading.Jackson, a hedge fund manager who was bullish on Opendoor years earlier when the company appeared to be thriving and was worth roughly $20 billion, wrote on X on Monday that his firm, EMJ Capital, was back in the stock.”@EMJCapital has taken…