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LAHORE: Former Test fast bowler Farooq Hameed, who played only one Test for the national side, died here on Thursday at the age of 80 due to cancer. The right-arm quick Farooq had played 43 first-class matches from 1961 to 1970 for Pakistan and picked up 111 wickets at an average of 25.21. His solitary international outing was against Australia in 1964, a match in which he dismissed Australian great Ian Chappell at the Melb­ourne Cricket ground. Prime Minister of Paki­stan Shehbaz Sharif offe­red his condolences to the bereaved family. “Farooq Hamid brought great honour to Pakistan through his performance…

London CNN  —  The saying goes that when America sneezes the rest of the world catches a cold — pithy shorthand to describe how changes in the world’s biggest economy ripple out to impact everyone else. But that adage doesn’t go nearly far enough to convey the enormity of the likely fallout from US President Donald Trump’s decision to impose a colossal set of new tariffs on America’s trading partners. “The US isn’t sneezing, the US is hacking off one of its limbs,” Paul Donovan, chief economist at UBS Global Wealth Management, told CNN. At the start of the year,…

Tariffs or no tariffs, you need a core holding to carry you through the next 30 years. Our sortable scorecard of 52 Best Buys will take you to it. Buy the dip? That takes some fortitude, when world trade is on the verge of collapse, consumers are frightened and businesses can’t plan anything. The U.S. stock market, as measured by the Vanguard Total Stock Market fund, sank a convulsive 5% yesterday. But don’t see the crash as a buying opportunity, or as a selling opportunity either. Take it as a reminder that your stock portfolio is a long-term asset. Your…

President Donald Trump’s recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets. On April 2, 2025, Trump unveiled a broad set of tariffs during a 45-minute address from the White House. The tariffs include a 10% baseline on all goods imported into the United States, with several countries facing higher rates—China at 34%, the European Union at 20%, and countries like Japan and Vietnam seeing similar increases. Trump also imposed a 25% tariff on automotive imports. The impact on global markets was immediate. The S&P 500 lost more than $2…

CLS Global, a UAE-based financial services firm, has been fined $428,059 after admitting to wash trading in U.S. cryptocurrency markets. The firm pleaded guilty to market manipulation and wire fraud charges after a sting operation led by the FBI. The charges relate to CLS Global’s role in manipulating cryptocurrency trading volumes to attract investors. CLS Global was sentenced in federal court in Boston on April 2, 2025, and was ordered to pay the fine, which includes both seized cryptocurrency and monetary penalties. Additionally, the company was sentenced to three years of probation, during which it is banned from participating in…

PRESIDENT of FIFA Gianni Infantino (L) and UEFA president Aleksander Ceferin pose during the 49th UEFA ordinary Congress held at the Sava Centar congress center on Thursday.—AFP KINGSTON: What is being billed as a “revolution” for the sport of athletics gets under way in Kingston on Friday with the opening meeting of US sprinting legend Michael Johnson’s ambitious Grand Slam Track series. Four-time Olympic gold medallist Johnson believes the four-event circuit represents a landmark moment for track and field, a bold new attempt to reinvigorate interest in the sport after years of decline. Johnson, 57, says the format of his…

Tim Stokely, the founder of the adult content social-media platform OnlyFans, and the crypto-focused Hbar Foundation submitted an eleventh-hour bid to purchase TikTok this week. The intent to bid was made by Zoop, a social-media app Stokley co-founded with entrepreneur RJ Phillips. Zoop wants to buy the short-form video platform to democratize revenue streams for its creators and users, according to Phillips. Tim Stokely, the founder of the adult content social-media platform OnlyFans, and the cryptocurrency-focused Hbar Foundation submitted a last-second bid this week to buy TikTok from Chinese owner ByteDance, Reuters reported Thursday. The intent to bid was made…

LONDON: Liverpool moved closer to the Premier League title with a 1-0 win in the Merseyside derby against Everton on Wednesday, while Manchester City beat Leicester City 2-0 to bolster their bid to reach the Champions League. With just eight games left, Liverpool sit 12 points clear of second-placed Ars­enal, who beat Fulham 2-1 on Tuesday. Arne Slot’s side had lost their previous two games in the League Cup final against Newcastle and the Champions League last 16 against Paris St Germain. But they got back on track in their march towards a record-equalling 20th English title, and first since…

MOUNT MAUNGANUI: Pakistan will look to avoid a series whitewash at the hands of New Zealand when they take on the hosts in the third and final One-day International at the Bay Oval on Saturday. The Mohammad Rizwan-lead side, after losing the preceding five-match T20I series against the BlackCaps, was hoping to stage a strong comeback in the 50-over format, but letting the latter take away the game from them after strong starts cost Pakistan the series. In the first ODI in Napier, Pakistan had New Zealand struggling at 50-3 at one point before a blistering century by Mark Chapman…

Even as President Donald Trump’s announcement of tariffs on “Liberation Day” has shaken the crypto market, investment guru Alexander Blume thinks it could ultimately prove to be a pro-crypto move. Blume is the founder and CEO of Two Prime, an SEC-registered investment advisor. He told TheStreet Roundtable that the U.S. government may use the increased income generated from the newly announced tariffs to acquire additional Bitcoin. Note that Trump signed an executive order on March 6 to establish the strategic Bitcoin reserve consisting of BTC seized by federal agencies in criminal or civil proceedings. The order also mentioned exploring budget-neutral…