(RTTNews) - In early trading on Monday, the Pakistan rupee fell to a 4-day low of 79.38 against the US dollar. This may be compared to last week’s close of 78.76. On the downside, the Pakistan currency may likely target a record low of 79.9.
More: continued here
Pakistan News
Pakistan says its forces have killed 27 Taleban, two days after a suicide attack by the militants in Orakzai province.
More: continued here
DERA ISMAIL KHAN, Pakistan - The latest in a barrage of suspected U.S. missile strikes in Pakistan’s northwest killed five people, but none was believed to be a foreign…
More: continued here
President Asif Ali Zardari?s visit is an effort to reinforce Pakistan?s ties with a traditional ally at a time when relations with the United States have come under considerable strain.
More: continued here
Oct. 13 (Bloomberg) — Pakistan, seeking $10 billion from overseas to avoid defaulting on its debt, will set up a fund for expatriate investors to buy stocks, before lifting emergency trading curbs that have prevented a rout in equities.
More: continued here
Pakistan cruised to a seven-wicket victory over an outclassed Zimbabwe in the four-nation Canada Twenty20 tournament on Sunday with opener Shoaib Khan taking man of the match honours for his 50 runs.
More: continued here
A suspected U.S. missile strike killed four people and wounded two others in Pakistan’s tumultuous North Waziristan region, Pakistani military sources said Sunday.
More: continued here
MANCHESTER: Malaysia golden girl Nicol David, having recaptured her British Open title, now has her sights set on taking back her World Open crown here this week.Buoyed by being conferred with the honour of Datuk, an ultra-prestigious award given only to the worthiest Malaysian citizens, David is riding a wave of optimism.She regained the British Open from Rachael Grinham at Liverpool in May, and now she is hot favourite to win back the World Open, also from the Australian, when the women’’s event begins here on Tuesday. Asked whether, during her first World Open as a Datuk, her new title might deflect her mind, the 25-year-old David said: “I shall try to use it.” David also became Asian Sportswoman of the Year in December, shortly before becoming WISPA Tour’’s player of the year for the third successive time. At the same time her sequence as world number has extended beyond two years and her tally of WISPA Tour titles reached 28, more than any other active female player.No wonder David feels everything has changed since last October in Madrid when she lost the world title at the second round stage in bouncy, oven-hot conditions with defeat by Shelley Kitchen, the hard-hitting New Zealander. “It is a different situation now,” David said. “You learn so much from what happens in a year. And you put things in place. That’’s what experience is all about. “You don”t take all the losses out of context. You use it for what you can do in future tournaments, and this year I have got my game up,” David said, referring to the attacking options she has been trying to integrate into her fleet-footed game.
More: continued here
Oct. 12 (Bloomberg) — The Karachi Stock Exchange, Pakistan’s biggest, rejected a request from brokers to shutter the market for two weeks, before a meeting tomorrow about trading curbs that stopped investors selling equities.
More: continued here
TORONTO: Pakistan cruised to a seven-wicket victory over an outclassed Zimbabwe in the four-nation Canada Twenty20 tournament on Sunday with opener Shoaib Khan taking man of the match honours for his 50 runs. Pakistan will face Sri Lanka, who edged Canada by 15 runs, in Monday’’s final. Zimbabwe started brightly and were 62-1 at one stage before losing seven wickets for just 45 runs as they struggled to 107-8. Shoaib and Salman Butt, who made 33 not out, put on 96 for the second wicket as the Asian giants reached their target with one over to spare. Zimbabwe opener Hamilton Masakadza made 53, but none of his team-mates could match his ability with the next highest score being the extras at 18. Masakadza was in flamboyant form hitting a giant six off Abdur Rauf before smashing two more off Anwar Ali, one of which landed out of the ground. But once fellow opener Cephas Zhuwawo was removed for 12 and Masakadza was run out by Fawad Alam, Zimbabwe crumbled. In reply, Pakistan lost Shahid Afridi for just five but Khan and Butt put on a comfortable 96 in just over 15 overs as they eased to victory. Sri Lanka piled up 153-7 off their 20 overs against Canada for whom opener Rizwan Cheema struck an entertaining 43-ball 68 which briefly hinted at an upset win. But the hosts fell short with spin wizard Ajantha Mendis grabbing 4-15. Cheema smashed six sixes after his side had been reduced to 14-3 and helped his side to 80-3 after 10 overs before Mendis worked his magic. Sri Lanka’’s top-scorer was skipper Mahela Jayawardene with 35 who looked in good touch pulling Eion Katchay for six before stepping onto the front foot to drive classily through the covers. He fell leg before wicket to Balaji Rao, Canada’’s legspinner, who returned figures of 3-21.
More: continued here
Pakistan News