PARIS: Rafael Nadal kicked off his quest for a 14th French Open title with a straight-sets win over Jordan Thompson, but former world number one Naomi Osaka and defending champion Barbora Krejcikova tumbled out in the first round on Monday. Nadal, on a quarter-final collision course with Novak Djokovic, brushed Australia’s Thompson aside 6-2, 6-2, 6-2 to improve his Roland …

DHAKA: Mushfiqur Rahim and Liton Das hit centuries and shared a record stand to turn the tide for Bangladesh in the second Test against Sri Lanka in Dhaka on Monday after a disastrous start. At stumps, Liton was unbeaten with a career-best 135 with Mushfiqur on 115, his second hundred in as many innings, as Bangladesh reached 277-5 on the …

A high-voltage encounter between Pakistan and arch-rivals India ended in a 1-1 draw in the Asia Cup 2022 match in Jakarta on Monday. India took the lead in the first quarter when debutant Karti Selvam scored his first goal for his team. Both teams played aggressively right from the outset. Pakistan conceded a goal early on but demonstrated a better …

All-rounders Shadab Khan and Mohammad Nawaz have returned to Pakistan’s squad for next month’s one-day international series against the West Indies, selectors said on Monday. Shadab, 23, and the 28-year-old Nawaz were part of Pakistan’s Twenty20 series against the West Indies in December but have since been out of action with injury. The three-match series against the Windies will be …

KARACHI: A disastrous show at the ICC World Cup earlier this year gave the Pakistan women’s team a reality check as they found themselves far from the standards required to be a competitive side at the international stage. The team has now entered a rebuilding phase and a new “brand” of cricket is what they are looking forward to adapt …

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index shed more than 400 points on Tuesday, with analysts attributing the fall to the central bank’s hike in the interest rate coupled with the current political situation. According to the PSX website, the KSE-100 index had gone down by 434.15 points, or 1.02 per cent, around 2:15pm. By the day’s end, the …

ISLAMABAD: With a view to enhancing business-to-business cooperation between Islamabad and Beijing, a Chinese entrepreneur will make an initial investment of $50 million in Gwadar for setting up of an end-to-end supply chain facility for export of seafood to China. A high-tech processing facility with technology transfer will be set up in the industrial zone of Gwadar for the export …

ISLAMABAD: Amid external account challenges, Pakistan borrowed more than $15.5bn in foreign loans in the first 10 months of the current fiscal year, about 70pc more than borrowing from foreign sources in the same period last year. In its monthly report on foreign economic assistance, the Ministry of Economic Affairs said it received about $13.03bn foreign assistance in 10MFY2022. The …

KARACHI: One tola and 10 grams of domestic gold prices on Monday hit a new high at Rs141,650 and Rs121,422, respectively, up by Rs2,350 and Rs2,015 from Saturday, rates released by the Karachi Saraf and Jewellers Group revealed. A $15 increase in world gold prices to $1,862 per ounce, followed by a rupee depreciation against the dollar, had pushed local …

DAVOS: Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Political and business leaders gathering for the World Economic Forum (WEF) meet against the backdrop of inflation at its highest level in a generation in major economies, including the United …