Kamran Haider

Pakistani security forces killed at least 30 people in an exchange of gunfire with insurgents who have been holding a train since Tuesday in southwestern Balochistan province thought to have

ISLAMABAD — Pakistani security forces killed all 33 insurgents who have been holding a train and its passengers captive since Tuesday, putting an end to an embarrassing security failure for

Pakistani security forces killed all militants in an exchange of gunfire with the insurgents who have been holding a train and its passengers hostage since Tuesday in southwestern Balochistan province.

Pakistan has lowered the rate it pays for electricity from solar users, after a massive boom had made the nation the third-largest destination for Chinese panels.

International Monetary Fund is poised to disburse about $2 billion to Pakistan in two separate loans, in a show of confidence by the global lender in the government’s economic reforms to rebuild the fragile South Asian economy.

Pakistan’s economy grew faster than expected last quarter as easing financial conditions and rate cuts bolstered recovery for the South Asian nation.

Pakistan’s inflation slowed last month to the lowest in more than seven years, though policymakers will remain cautious with risks to price gains from global trade disruptions.

Pakistan has roped in Changpeng Zhao, the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation.

Fitch Ratings upgraded Pakistan’s credit rating, citing confidence that the South Asian country will be able to sustain reforms under a loan program with the International Monetary Fund.

Pakistan Finance Minister Muhammad Aurangzeb said the South Asian nation is looking to buy more goods from the US and remove non-tariffs barriers to escape President Donald Trump’s high tariffs.