TOKYO: Gymnasts from four nations tumbled, leapt and spun through a friendly meet in front of several thousand fans in Tokyo on Sunday in a closely-watched event aimed at showing the world Japan can safely carry out the postponed 2020 Olympics in an era of coronavirus. Thirty gymnasts from Japan, the United States, China and Russia, including Japan’s triple Olympic …

KARACHI: Northern took complete command of their third-round Quaid-e-Azam Trophy First XI fixture on Sunday after contrasting centuries from Sarmad Bhatti and Hammad Azam had the hapless Sindh side on the run at the UBL Sports Complex. Sindh braced themselves for an anxious fourth and final day on Tues­day when they restart their already stuttering second innings at 77-3 in …

DHAKA: Bangladesh Twenty20 skipper Mahmudullah has been ruled out of the Pakistan Super League playoffs after testing positive for the coronavirus (Covid-19), he said on Sunday. Mahmudullah was set to play in the franchise-based T20 event, which restarts on next Saturday after a break since March because of the Covid-19 pandemic. “I was surprised by a positive result from my …

RAWALPINDI: Youngsters Haider Ali and Usman Qadir shared limelight while inspiring Pakistan to an unassailable 2-0 lead against Zimbabwe in their three-match Twenty20 Inter­national series with a clinical eight-wicket rout at the Pindi Cricket Stadium here on Sunday. After restricting the tourists to an inadequate total of 135-7, Pakistan made short work of the modest target, which they reached with …

Like other developing countries, Pakistan has been a consistent recipient of foreign loans and assistance in the form of project and programme loans and grants for social and economic development objectives through budgetary and balance-of-payments support. Programme loans are generally sought for achieving broad development and economic objectives like reforms while project loans are secured for specific projects and services …

The State Bank of Pakistan (SBP) is pushing banks to lend more to the private sector to rev up economic activity and it thinks the best way to do this is to make it mandatory for them to accelerate housing finance. When banks pour funds into construction projects, it increases demand for products of dozens of allied industries like cement, …

Any discussion on the state of technology and its adoption in Pakistan eventually finds a way back to the structural issues and rightly so. Indeed, what the sarkari babus do (or don’t) ends up shaping the sector’s growth trajectory for better or worse. At the structural level, first is the regulatory aspect where the government tries to encourage or discourage …

Corporate profitability in the third quarter (July-September) was Rs210 billion, signifying a jump of 39 per cent from a year ago. It was the highest quarterly increase in corporate profits in any year. Quarter-on-quarter profitability also recorded stellar growth of 52pc. For the nine-month period (January-September), aggregate earnings of the companies that make up the KSE-100 index stood at Rs479bn, …

ISLAMABAD: Amid opposition from consultants, experts and key stakeholders, the Cabinet Committee on Energy (CCoE) will take up on Tuesday a proposal for unbundling of two gas utilities into five smaller companies — one transmission and four provincial distribution firms — on the pattern of ex-Wapda’s 13 generation, transmission and distribution companies. In a summary to the CCoE, the Ministry …

Liam Hemsworth and Chris Hemsworth celebrated their brother Luke’s 40th birthday with other family members in style on Saturday. Both the stars   were joined by their parents, Craig and Leonie Hemsworth. Chris’ wife Elsa Pataky and Liam’s girlfriend Gabriella Brooks were also present on the auspicious occasion. Taking to Instagram,  Chris shared some photos from the party with a seet …