Asia Top News and Analysis Pakistan

  • Anwita Basu, an analyst at the Economist Intelligence Unit, says help is likely to come from the Islamic Development Bank at the very beginning.

  • A poster of Pakistan's Prime Minister Imran Khan, a former cricketer known for his charisma and international name recognition. 

    IMF loans means strict austerity measures that're likely to hurt Pakistan's economic growth. Chinese loans, meanwhile, could see the current account deteriorate.

  • ISLAMABAD, Aug 8- China is exploring building a spur from Pakistan's territory once the multi-country TAPI natural gas pipeline project begins operating, a Pakistani official said, with the financial close of the project's first phase expected next month. Mobin Saulat, the chief executive officer of Pakistan's state-owned Inter State Gas Systems, told...

  • Pakistan's economy has hit severe turbulence over the past year and most analysts expect the nuclear-armed nation to seek a bailout, either from the IMF or closest ally China, to avoid a currency crisis. Beijing has pledged $57 billion in loans for Pakistan as part of China's vast Belt and Road initiative, deepening economic and diplomatic ties between the...

  • ISLAMABAD, Aug 1- Pakistan on Wednesday dismissed U.S. concerns that any new International Monetary Fund bailout for the South Asian nation would be used to repay Chinese debt as "totally wrong." Pakistan's economy has hit severe turbulence over the past year and most analysts expect the nuclear-armed nation to seek a bailout, either from the IMF or closest ally...

  • Secretary of State Mike Pompeo testifies before the Senate Foreign Relations Committee on Capitol Hill in Washington,  July 25, 2018.

    In focus is the viability of an IMF bailout for Islamabad and Washington's potential opposition to it.

  • U.S. Secretary of State Mike Pompeo speaks during the Indo-Pacific Business Forum at the U.S. Chamber of Commerce on July 30, 2018 in Washington, DC.

    The U.S. $113 million infrastructure fund may pale in comparison to China's investments but it shores up confidence about Washington's presence in the region. 

  • *State Bank of Pakistan declines comments on reports. KARACHI, Pakistan, July 30- The Pakistani rupee surged by 5.4 percent to 120.84/ 122.45 per dollar on Monday, following domestic media reports over the weekend that China had agreed to provide $2 billion in loans. Karachi- based brokerage Intermarket Securities said weekend publication of full results of the...

  • *State Bank of Pakistan declines comments on report. KARACHI, Pakistan, July 30- The Pakistani rupee surged by 4.3 percent to 122.24/ 123.86 per dollar on Monday, following domestic media reports over the weekend that China had agreed to provide $2 billion in loans. Karachi- based brokerage Intermarket Securities said weekend publication of full results of the...

  • Sahar Khan, visiting research fellow at the Cato Institute, discusses how Pakistan might approach China and the China-Pakistan Economic Corridor after recent elections.

  • *Khan says wants Pakistan to improve ties with U.S., India. His success in Wednesday's election is a stunning rise for an anti-corruption crusader who has spent much of his political career on the fringes of Pakistan politics, but now stands on the brink of becoming the country's prime minister. Oxford-educated Khan, in the past a fierce critic of U.S. policy in the...

  • Pakistani cricketer turned politician Imran Khan of the Pakistan Tehreek-e-Insaf (Movement for Justice), speaks to supporters during a campaign rally ahead of the general election in Karachi on July 22, 2018.

    Only the second democratic national election in Pakistan's history, this year's contest will leave a legacy marred with violence, arrests, and allegations of vote rigging, harassment and suppression by the military.

  • *Khan says wants Pakistan to improve ties with U.S., India. ISLAMABAD, July 26- Pakistan's cricket legend Imran Khan declared victory on Thursday in a divisive general election marred by a long delay in ballot counting and allegations of vote rigging by most opponents. Khan called for "mutually beneficial" ties with Pakistan's on-off ally the United States, and...

  • *Ex-PM Nawaz Sharif had accused military of throwing race to Khan. ISLAMABAD, July 25- Pakistan was locked in a close and tense election race on Wednesday, pitting cricket hero Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif in a process marred by a suicide bomb that killed 31 people near a polling station. Neither Khan nor Sharif's party...

  • ISLAMABAD, July 25- Pakistan was locked in a close and tense election race on Wednesday, pitting cricket hero Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif in a process marred by a suicide bomb that killed 31 people near a polling station. Khan's party spokesman, Fawad Chaudhry, showed confidence even before the counting was finished,...

  • ISLAMABAD, July 25- Pakistan was locked in a close and tense election race on Wednesday, pitting cricket hero Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif in a process marred by a suicide bomb that killed 31 people near a polling station. Neither Khan nor Sharif's party appeared likely to win a clear majority in the National Assembly, with...

  • ISLAMABAD, July 25- Pakistan was locked in a close and tense election race on Wednesday, pitting cricket hero Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif in a process marred by a suicide bomb that killed 31 people near a polling station. The outcome could lead to a weak coalition government at a time when Pakistan urgently needs to...

  • An election official seals ballot boxes before people vote during Pakistan's general election at a polling station in Islamabad on July 25, 2018. 

    The election's run-up has been stained by allegations or harassment, suppression, violence and bribery by politicians, extremist groups and the military. 

  • ISLAMABAD, July 25- Pakistanis began voting on Wednesday in a knife-edge general election between former cricketer Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif, Reuters witnesses and national media reported.

  • Head of Pakistani banned organisation Jamaat-ud-Dawa (JuD) Hafiz Saaed (3L) raises hands with members of his newly formed political party Allah-o-Akbar Tehreek at the election campaign meeting in Lahore ahead of the general election.

    Hundreds of candidates affiliated with banned terrorist groups are using front parties to run for assembly, activists and international observers claim.