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Daily Archives: October 19, 2021

Mel Brooks gears up to pen ‘History of the World’ sequel


October 19, 2021

Mel Brooks, the 95-year-old US comedy icon, is to help write a sequel for his 1981 classic film “A History of The World Part I” as an eight-part series for Hulu, the streaming service said Monday. “I can’t wait to once more tell the real truth about all the phony baloney stories the world has been conned into believing are …

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Revival of international orders boosts non-textile exports


October 19, 2021

ISLAMABAD: Pakistan’s non-textile exports grew 23.4 per cent year-on-year to $2.48 billion in the first quarter of current fiscal year owing to partial revival of international orders and the government’s support schemes. Overall growth in the non-textile sector is mainly led by the value-added sectors. The non-textile sector has yet to receive full orders to pre-Covid levels, data compiled by …

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Bitcoin nears record high ahead of futures ETF listing


October 19, 2021

Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an anticipated listing of a futures-based US exchange traded fund (ETF) could herald investment flows into bitcoin and cryptocurrency assets. Bitcoin, the world’s biggest cryptocurrency by market value, rose as far as 1.5 per cent during the Asia session to $62,991, its …

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Smooth sailing for Aqeel Khan


October 19, 2021

LAHORE: National champion Aqeel Khan cruised through the first hurdle on te opening day of the Aitchison College Open National Tennis Champ­ionships at the Punjab Lawn Tennis Assoc­iation courts here on Monday. Top seed Aqeel, fresh from yet another title to his credit added last week on the same courts, powered his way to beat little-known Shakirullah 6-2, 6-1 in …

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Afghanistan seek support ahead of crucial ICC moot


October 19, 2021

DUBAI: The Afghanistan Cricket Board (ACB) has requested the support of other full members of the International Cricket Council (ICC) ahead of next month’s crucial meeting where the game’s future in the South Asian country is likely to be decided. The strife-torn nation’s remarkable rise has been cricket’s biggest fairytale story in recent times but Afghanistan risk isolation following the …

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Namibia blown away by SL on T20 World Cup debut


October 19, 2021

ABU DHABI: Former T20 World Cup champions Sri Lanka survived an early batting collapse before blowing away debutants Namibia by seven wickets in their first Group ‘A’ fixture on Monday. Sri Lanka lost three wickets within the batting Powerplay for 26 runs before avoiding further hiccups by reaching 100-3 in 13.3 overs after Namibia were blown away for 96 in …

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Babar, Fakhar shine as Pakistan crush WI in warm-up tie


October 19, 2021

DUBAI: Riding on fine knocks from captain Babar Azam and Fakhar Zaman, Pakistan’s preparations for the eagerly-awaited T20 World Cup opener against old rivals India started with a crushing seven-wicket defeat of West Indies in their first warm-up fixture here on Monday. After restricting the reigning champions to a modest 130-7 at the ICC Academy in Dubai, Pakistan cruised to …

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‘Skinny guy’ to ‘Pakistan life-saver’: Shoaib Malik eyes T20 World Cup glory with last hurrah


October 19, 2021

When Shoaib Malik takes the field for Pakistan in the Twenty20 World Cup, the 39-year-old all-rounder could be forgiven for feeling his age. When Malik made his international debut in 1999, current teammates such as pace spearheads Shaheen Shah Afridi and Mohammad Wasim Junior, and batsman Haider Ali were not even born. Vice-captain Shadab Khan was just one while skipper …

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FDI from US exceeds Chinese inflows in 1QFY22


October 19, 2021

KARACHI: Foreign Direct Investment (FDI) from the United States surpassed inflows from China during the first quarter of the ongoing fiscal year (1QFY22), data released by the State Bank of Pakistan (SBP) on Monday showed. FDI from the US jumped to $100.9 million during July-Sept FY22 compared to $19.7m in the same period of last year. Inflows from China have …

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IMF programme uncertainty affects PSX trading


October 19, 2021

KARACHI: The Pakistan Stock Exchange (PSX) remained under pressure on Monday because of the delay in the conclusion of the country’s economic managers’ negotiations with the International Monetary Fund (IMF). As a result, the benchmark index closed at 44,629 points, down 192 points or 0.43 per cent. According to Arif Habib Ltd, investors didn’t like the uncertainty around the resumption of the …

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