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Asif Khanzada

China fortifies virus defences as death hits 56


January 26, 2020

WUHAN: China on Sunday expanded drastic travel restrictions to contain a viral contagion that President Xi Jinping said posed a “grave” threat, as the death toll reached 56 and Shanghai reported its first fatality. China has locked down the worst-hit province of Hubei in the country´s centre in a massive quarantine affecting tens of millions of people to slow the …

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Stocks close lower after directionless week


January 26, 2020

  KARACHI: The stock performance did not make for great headlines in the outgoing week as market remained in search of direction in the absence of any major positive news flow that could spur active buying. The KSE-100 index largely remained flat, closing down by 535 points (1.24 per cent) at 42,633. On the political side things remained murky as …

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New FTA with China is a ‘marked improvement’


January 26, 2020

KARACHI: A new report just released on the second phase of China-Pakistan Free Trade Agreement (CPFTA) concludes that the “tariff structure offered to Pakistan [under the new agreement] is a marked improvement” over the first CPFTA that was signed in 2006. “On over 80 per cent of the CPFTA-II product lines that China imports, Pakistan is now offered tariffs that …

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Global economy most vulnerable to climate change, says risk perception survey


January 26, 2020

KARACHI: The five most likely long-term risks to the global economy are all environment and climate-related, said participants in the World Economic Forum’s (WEF) Global Risks Perception Survey 2019-20. The participants — global shapers — identified that extre­­me heat waves, destruction of ecosystems, health impacted by pollution, water crisis and uncontrollable fires as the top risks faced by the global …

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Kerb market sees dip in inflows as dollars head to banks


January 26, 2020

KARACHI: Inflow of dollars in the domestic market has dropped by 40-50 per cent during the month but the currency dealers were not able to identify its exact cause. With the exchange rate largely stable of late, the attraction of dollar business in the country has drastically fallen as currency dealers said they were depositing over 90pc of surplus with …

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Nortje hits back for South Africa but England cross 300-run mark


January 26, 2020

JOHANNESBURG: England captain Joe Root and rising star Ollie Pope shared a free-scoring century partnership before fast bowler Anrich Nortje hit back for South Africa on the second day of the fourth and final Test at the Wanderers Stadium on Saturday. England, holding an unbeatable 2-1 lead in the series, were 300 for seven at lunch. The first hour belonged …

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Javeria Khan hopes Pakistan to do well in Women’s World T20


January 26, 2020

Karachi: Javeria Khan, the senior batter of Pakistan women cricket team has emphasized the importance of Pakistan’s star that players don while representing the country in the international company saying that the star demands one to be sincere with the country. Talking to media in Karachi, the 31-year-old batswoman from Karachi also brushed aside rumors of “jealousy” among the players …

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Pakistan’s Asad Ali climbs highest mountain in South America


January 26, 2020

MENDOZA: Pakistan’s Asad Ali Memon successfully climbed Aconcagua — the highest mountain peak in South America — and hoisted a 50-meter-long national flag at the top this week. The 22-year-old mountaineer dedicated his success to the soldiers of Pakistan Army and the people of Kashmir after making it to the highest mountain in the world outside Asia. Aconcagua is a …

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ICC fines Stokes for foul language rant at spectator


January 26, 2020

JOHANNESBURG: Eng­land all-rounder Ben Stokes was fined and given a demerit point by the ICC on Saturday after a foul-mouthed row with a spectator on Friday in the ongoing fourth and final Test against South Africa. Stokes was shown on television exchanging insults with a spectator as he walked off the field after being caught cheaply for two runs in …

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Nadal, Halep march on as shocks continue at Australian Open


January 26, 2020

MELBOURNE: World number one Rafael Nadal and Wimbledon champion Simona Halep dodged an exodus of seeded players as the shocks kept rolling at the Australian Open on Saturday. After Serena Williams and title-holder Naomi Osaka fell by the wayside on Friday, second seed Karolina Pliskova crashed out on a day of carnage in the women’s draw. Switzerland’s Belinda Bencic, the …

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