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Express Tribune
2 days ago
- General
- Express Tribune
Aus confirm Pakistan tour in 2026
Cricket Australia (CA) is gearing up for a white-ball series tour to Pakistan, scheduled for early next year, signaling a positive step towards strengthening cricketing ties between the two nations. During an online press conference, CA CEO Todd Greenberg conveyed his positive outlook on the upcoming tour, emphasising the significance of the series against Pakistan and the ongoing collaboration between the two cricket boards. "I believe it will be another good tour of Pakistan. The series against Pakistan is an important part of our schedule. There has been good communication between Pakistan and Australia regarding both red-ball and white-ball series," Greenberg said. "We need to look for more opportunities for series, which we will definitely do," he added. Looking back on the 2022 tour, Greenberg expressed enthusiasm about future matches in Pakistan. "We would like to play a series in Pakistan. In 2022, we toured Pakistan after a long gap, and the tour was very successful. The Australian team received a warm welcome. It would be great if such series continue to happen." Greenberg emphasised the league's commitment to bringing in talent from Pakistan, recognising the popularity of Pakistani players among fans, and explained the mutual benefits of such participation. "There is no doubt that Pakistani players are very popular within the community. Our effort is to attract players from all over the world for the BBL," he said. "If leading Pakistani players come, they will definitely enjoy it here. The league will benefit greatly from these top players for their teams and franchises," he added. Regarding player participation, Greenberg confirmed, "I hope we will definitely attract some players for the next edition of the BBL." It is pertinent to mention that Pakistan last toured Australia in November 2024 for a white-ball series. Under Mohammad Rizwan's captaincy, the Men in Green secured a historic 2-1 victory in the ODI series - their first series win in Australia since 2002. However, Australia bounced back strongly, winning the subsequent T20I series 3-0. For the unversed, according to the Future Tours Programme (FTP) for 202527, Australia are expected to tour Pakistan for a white-ball series featuring three ODIs and three T20Is in FebruaryMarch. White-ball camp The Pakistan Cricket Board (PCB) has summoned 22 top white-ball performers for a camp, including the senior trio of Babar Azam, Mohammad Rizwan and Shaheen Shah Afridi on Monday. According to the details, the shortlisted 22 players will report for the camp here in three groups, scheduled to be held on June 3, 4 and 5 respectively. During the camp, the PCB will inform the players about the future course of action, while their fitness and respective performances will also be analysed. Sources further suggested that senior players will participate in all three training sessions, which will also feature the top performers of the recently concluded Pakistan Super League (PSL) 10. Furthermore, Pakistan's white-ball head coach Mike Hesson will meet with top performers and will update them regarding the future course of action. Players called up for training camp: Babar Azam, Usman Khan, Saud Shakeel, Shahid Aziz, Abbas Afridi, Salman Mirza, Mir Hamza, Abdullah Shafique, Khawaja Nafay, Haider Ali, Ahmed Daniyal, Mehran Mumtaz, Shaheen Shah Afridi, Khurram Shahzad, Mohammad Rizwan, Maaz Sadaqat, Mohammad Nawaz, Aamir Jamal, Naseem Shah, Sufiyan Muqeem, Ali Raza and Tayyab Tahir. For the unversed, Pakistan's white-ball entered a new era under the leadership of former New Zealand head coach Hesson. The 50-year-old had an ideal start to his tenure as the green shirts registered a 3-0 T20I series whitewash against Bangladesh, which also marked their first series triumph at home since December 2021. Following the drought-ending series victory over Bangladesh, Pakistan are scheduled for a brief break before touring back to Bangladesh next month for a potential three-match T20I series.
Time of India
3 days ago
- Business
- Time of India
IPL chairman Arun Dhumal wants cricket to revolve around its big star
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: It may be time for the International Cricket Council (ICC) to rethink its calendar and give T20 leagues precedence over bilateral series , which are losing steam with fans and sponsors alike, Indian Premier League (IPL) chairman Arun Dhumal has said."Cricket is shifting its flavour towards franchise-based formats. If that is the case, we have to prepare ourselves for that situation," Dhumal told ET in an interaction. "So, if that has to happen, the entire scheduling needs to be aligned around these T20 leagues-be it the IPL, Big Bash League, The Hundred, SA20, MLC, or ILT20. At some point, we may need to sit around the table with all stakeholders and decide what should be prioritised."The T20 format has not only reignited interest in One-Day Internationals (ODIs) and Test matches but has also played a key role in expanding cricket's footprint to emerging markets such as the United States and Europe, Dhumal noted."Based on what weather conditions work best for each country, you schedule your leagues accordingly and then plan the bilateral series around them," he the International Cricket Council's (ICC) Future Tours Programme (FTP) is structured around bilateral Tests, ODIs, and ICC events, with the IPL being the only T20 league to have a dedicated are multiple T20 leagues including Australia's Big Bash League, South Africa's SA20, the England and Wales Cricket Board's The Hundred, the UAE's International League T20, and the Caribbean Premier League. Most of these leagues are inspired by the IPL and have IPL team owners-such as Reliance , GMR, and Sun TV Network-owning teams."The IPL is the number one 'Make in India' property post-Independence," Dhumal Board of Control for Cricket in India (BCCI), which owns the IPL, sold the league's media rights for ₹48,390 crore for 2023-27 proposed expansion of IPL to an 84-match format will depend on the availability of a suitable window in the international calendar, Dhumal said. For IPL 2025, the tournament has retained the 74-match format to manage player workload and accommodate a packed FTP schedule."There is no point in adding new teams to the IPL when we are not yet able to optimise the existing structure with 10 teams," he to Dhumal, IPL's current April-May window is becoming tricky to manage due to shifting weather patterns-the Southwest monsoon arrived almost two weeks early this year. But advancing the event is also challenging as the FTP has been finalised until 2027 and media rights deals have already been signed based on that is the driver of the global cricket economy, with the ICC generating over 70% of its revenue from the Indian IPL chairman noted that other ICC member boards are struggling to sell media rights for bilateral series and have been requesting the BCCI to play such series to help boost their said IPL viewership continues to remain strong on TV and digital platforms, despite a one-week suspension caused by the India-Pakistan conflict, which disrupted the tournament's momentum.
Express Tribune
4 days ago
- Sport
- Express Tribune
BD share tentative dates with PCB
Pakistan team in action against Bangladesh in the three-match T20I series at Gaddafi Stadium in Lahore. Photo: AFP The Bangladesh Cricket Board (BCB) has drafted the initial schedule and shared it with the Pakistan Cricket Board (PCB). The T20I series will begin on July 20, with the second and third matches scheduled for July 22 and 24, respectively. All three matches are set to be hosted at the Sher-e-Bangla National Cricket Stadium in Mirpur, Dhaka. Pakistan's tour of Bangladesh is not part of the Future Tours Program (FTP). This series was agreed upon during discussions between senior officials of the PCB and BCB on the sidelines of the ICC Champions Trophy, which is scheduled to be hosted by Pakistan. After the conclusion of the T20 series against Bangladesh, the Pakistan team will depart for the West Indies. There, they will face the Caribbean side in a three-match T20I series beginning on July 31 in the United States. This will be followed by a One Day International (ODI) series against the West Indies as well. Meanwhile, the third T20I between Pakistan and Bangladesh will be played on Sunday at Gaddafi Stadium in Lahore. Shoriful Islam injured Bangladesh fast bowler Shoriful Islam has been ruled out of the third and final T20I against Pakistan, scheduled for Sunday at Lahore's Gaddafi Stadium, after suffering a groin injury. In his absence, pacer Khaled Ahmed is likely to be included in the playing XI for the third match. Additionally, Najmul Hossain Shanto may also be given a chance in the Bangladesh lineup. Pakistan holds an unassailable 2-0 lead in the three-match T20I series, having thoroughly outclassed the visitors in both earlier games. Meanwhile, Pakistan defeated Bangladesh by 37 runs in the first T20I here at Gaddafi Stadium Lahore on May 28. Chasing a target of 202, the Bangladeshi side was bowled out for 164 in 19.2 overs. The second T20I also saw a dominant Pakistani performance. Batting first, the hosts posted 201/6 in their allotted 20 overs. In response, Bangladesh was bundled out for 144 in 19 overs. Pakistan delivered a clinical performance to defeat Bangladesh by 57 runs in the second T20I, securing an unassailable 2-0 lead in the three-match series. Meanwhile, Pakistan are expected to make one change to their playing XI for the third and final T20I against Bangladesh, scheduled for Sunday at the Gaddafi Stadium. Pacer Haris Rauf is likely to be rested due to his poor form, with either Abbas Afridi or Naseem Shah set to replace him in the lineup. Rauf has struggled in the ongoing series, claiming just one wicket while conceding 59 runs in five overs at an economy rate of 11.80. Despite Saim Ayub's disappointing form — scoring a duck in the first T20I and four runs in the second — the opening pair of Saim and Sahibzada Farhan is expected to be retained. In the second T20I, the hosts delivered a dominant performance, defeating Bangladesh by 57 runs. After electing to bat, Pakistan posted a commanding 201/6 in 20 overs. Despite an early setback with the dismissal of Saim Ayub, wicketkeeper-batter Mohammad Haris (41 off 25) and Sahibzada Farhan (74 off 41) stitched together a blistering 103-run stand for the second wicket. Farhan's knock featured four boundaries and six towering sixes. Following their departure, captain Salman Ali Agha (19 off 12) and Hasan Nawaz added 45 runs for the fourth wicket, maintaining the tempo. Hasan finished unbeaten on 51 off 26 balls, striking two fours and three sixes. In response, Bangladesh got off to a flying start, reaching 38/0 in just three overs with Tanzid Hasan scoring a quickfire 33. However, a middle-order collapse, sparked by Haris Rauf and Faheem Ashraf, reduced them to 77/7 by the 10th over. Tanzim Hasan Sakib showed some resistance with a valiant 50 off 31 deliveries, including five sixes, but received little support from the other end. Bangladesh were eventually bowled out for 144 in 19 overs. Pakistan's bowling effort was well-rounded, with Abrar Ahmed leading the way with figures of 3/19 in four overs. Hasan Ali, Haris Rauf, Faheem Ashraf, Shadab Khan, Khushdil Shah and Saim Ayub each claimed a wicket to complete a dominant team performance.
Yahoo
6 days ago
- Business
- Yahoo
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill., May 30, 2025--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: June 2, 2025 Record Date: June 2, 2025 Payable Date: June 3, 2025 Ticker Exchange Fund Name Frequency OrdinaryIncomePer ShareAmount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund DFII NYSE Arca FT Vest Bitcoin Strategy & Target Income ETF Monthly $0.3662 IGLD Cboe BZX FT Vest Gold Strategy Target Income ETF® Monthly $0.1320 First Trust Exchange-Traded Fund IV HYTI NYSE Arca FT Vest High Yield & Target Income ETF Monthly $0.1687 LQTI NYSE Arca FT Vest Investment Grade & Target Income ETF Monthly $0.1476 LTTI NYSE Arca FT Vest 20+ Year Treasury & Target Income ETF Monthly $0.1414 First Trust Exchange-Traded Fund VIII XIDE Cboe BZX FT Vest U.S. Equity Buffer & Premium Income ETF - December Monthly $0.1637 XIJN Cboe BZX FT Vest U.S. Equity Buffer & Premium Income ETF - June Monthly $0.1656 XIMR Cboe BZX FT Vest U.S. Equity Buffer & Premium Income ETF - March Monthly $0.1636 XISE Cboe BZX FT Vest U.S. Equity Buffer & Premium Income ETF - September Monthly $0.1463 FTA is a federally registered investment advisor and serves as the Fund's investment advisor. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $255 billion as of April 30, 2025 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois. You should consider the investment objectives, risks, charges and expenses of a Fund before investing. Prospectuses for the Funds contain this and other important information and are available free of charge by calling toll-free at 1-800-621-1675 or visiting A prospectus should be read carefully before investing. Principal Risk Factors: You could lose money by investing in a fund. An investment in a fund is not a deposit of a bank and is not insured or guaranteed. There can be no assurance that a fund's objective(s) will be achieved. Investors buying or selling shares on the secondary market may incur customary brokerage commissions. Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks. The order of the below risk factors does not indicate the significance of any particular risk factor. Past performance is no assurance of future results. Investment return and market value of an investment in a Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. A Fund's shares will change in value, and you could lose money by investing in a Fund. An investment in a Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that a Fund's investment objectives will be achieved. An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings. ETF shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units. ETF shares may trade at a discount to net asset value and possibly face delisting. Securities of small- and mid-capitalization companies may experience greater price volatility and be less liquid than larger, more established companies whereas large capitalization companies may grow at a slower rate than the overall market. A fund that effects all or a portion of its creations and redemptions for cash rather than in-kind may be less tax efficient. Current market conditions risk is the risk that a particular investment, or shares of the fund in general, may fall in value due to current market conditions. For example, changes in governmental fiscal and regulatory policies, disruptions to banking and real estate markets, actual and threatened international armed conflicts and hostilities, and public health crises, among other significant events, could have a material impact on the value of the fund's investments. A fund normally distributes income it earns, so a fund may be required to reduce its distributions if it has insufficient income. Distributions in excess of a Fund's current and accumulated earnings and profits will be treated as a return of capital. There may be other circumstances when all or a portion of a Fund's distribution is treated as a return of capital, for example, there are times when Fund securities are sold to cover a derivative position that generated all or a portion of the distribution that could lead to a return of capital. A fund is susceptible to operational risks through breaches in cyber security. Such events could cause a fund to incur regulatory penalties, reputational damage, additional compliance costs associated with corrective measures and/or financial loss. Trading FLEX Options involves risks different than, and possibly greater than, investing directly in securities. A Target Outcome fund may experience substantial downside for FLEX Option positions and certain FLEX Option positions may expire worthless. There can be no guarantee that a liquid secondary market will exist for the FLEX Options and the FLEX Options may be less liquid than exchange-traded options. In managing a fund's investment portfolio, the portfolio managers will apply investment techniques and risk analyses that may not have the desired result. Market risk is the risk that a particular security, or shares of a fund in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in securities prices. Shares of a fund could decline in value or underperform other investments as a result. In addition, local, regional or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters or other events could have significant negative impact on a fund. A fund classified as "non-diversified" may invest a relatively high percentage of its assets in a limited number of issuers. As a result, a fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers. A fund and a fund's advisor may seek to reduce various operational risks through controls and procedures, but it is not possible to completely protect against such risks. A fund also relies on third parties for a range of services, including custody, and any delay or failure related to those services may affect a fund's ability to achieve its objectives. Certain funds have characteristics unlike many other traditional investment products and may not be appropriate for all investors. The investment strategy is designed to deliver returns that match, or for the X series are approximately twice those of, the reference asset if a fund's shares are bought on the day on which a fund enters into the Flexible Exchange Options® ("FLEX Options") (i.e., the first day of a Target Outcome Period) and held until those FLEX Options expire at the end of the Target Outcome Period subject to a pre-determined upside cap, while limiting downside losses. If the Underlying ETF experiences gains during a Target Outcome Period, a fund will not participate in those gains on a one-to-one basis or beyond the cap. If an investor does not hold its fund shares for an entire Target Outcome Period, the returns realized by that investor may not match those a fund seeks to achieve. In the event an investor purchases fund shares after the first day of a Target Outcome Period or sells shares prior to the expiration of the Target Outcome Period, the value of that investor's investment in fund shares may not be buffered against a decline in the value of the reference asset and may not participate in a gain in the value of the reference asset up to the cap for the investor's investment period. A shareholder may lose their entire investment. Commodity prices can have a significant volatility and exposure to commodities can cause the value of a fund's shares to decline or fluctuate in a rapid and unpredictable manner. Certain securities are subject to call, credit, extension, income, inflation, interest rate, prepayment and zero coupon risks. These risks could result in a decline in a security's value and/or income, increased volatility as interest rates rise or fall and have an adverse impact on a fund's performance. The use of listed and OTC derivatives, including futures, options, swap agreements and forward contracts, can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives. Subsidiary investment risk applies to a fund that invests in certain securities through a wholly-owned subsidiary of the fund that is organized under the laws of the Cayman Islands ("Subsidiary"). Changes in the laws of the U.S. and/or Cayman Islands could result in the inability of a fund to operate as intended. The Subsidiary is not registered under the 1940 Act and is not subject to all the investor protections of the 1940 Act. Thus, a fund that is as an investor in the Subsidiary will not have all the protections offered to investors in registered investment companies. The Target Outcome registered trademarks are registered trademarks of Vest Financial LLC. The funds are not sponsored, endorsed, sold or promoted by SPDR® S&P 500® ETF Trust, PDR, or Standard & Poor's® (together with their affiliates hereinafter referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of, descriptions and disclosures relating to the funds or the FLEX Options. The Corporations make no representations or warranties, express or implied, regarding the advisability of investing in the funds or the FLEX Options or results to be obtained by the funds or the FLEX Options, shareholders or any other person or entity from use of the SPDR® S&P 500® ETF Trust. The Corporations have no liability in connection with the management, administration, marketing or trading of the funds or the FLEX Options. The funds are not sponsored, endorsed, sold or promoted by SPDR® Gold Trust and WGTS (together with their affiliates hereinafter referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of, descriptions and disclosures relating to the funds or the FLEX Options. The Corporations make no representations or warranties, express or implied, regarding the advisability of investing in the funds or the FLEX Options or results to be obtained by the funds or the FLEX Options, shareholders or any other person or entity from use of the SPDR® Gold Trust. The Corporations have no liability in connection with the management, administration, marketing or trading of the funds or the FLEX Options. First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s). FTA is an affiliate of First Trust Portfolios L.P., the distributor of the fund(s). First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association. The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients. View source version on Contacts Press Inquiries: Ryan Issakainen, 630-765-8689Broker Inquiries: Sales Team, 866-848-9727Analyst Inquiries: Stan Ueland, 630-517-7633 Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
China's Hainan FTP Promotion Event Successfully Held in Dubai
HAIKOU, China, May 21, 2025 (GLOBE NEWSWIRE) -- On May 19, the 2025 Hainan Free Trade Port (FTP) promotion event, focusing on the liberalization and facilitation of trade and investment, was held in Dubai. Jointly organized by the Hainan Provincial People's Government and the Chinese Embassy in the UAE, with support from the China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) and the China Chamber of International Commerce Hainan Chamber of Commerce (CCOIC Hainan), the event aimed to facilitate high-level dialogue and practical cooperation. H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, stated that the UAE will actively align with the FTP's financial liberalization and cross-border trade facilitation policies, exploring innovative cooperation models in emerging fields such as AI and blockchain. UAE delegates at the conference expressed full confidence in the prospects of bilateral cooperation, stressing that governments, industrial parks, and trade promotion agencies of both sides should play an active role in advancing bilateral economic and trade collaboration. During the conference, Hainan signed four batches of agreements with institutions from the UAE, Saudi Arabia, and other countries, covering new energy, free trade zone development, logistics parks, automotive trade, and headquarters base development. Hainan provincial leadership underscored that after the customs closure, the FTP will adopt a framework centered on "zero tariffs, low tax rates, and a simplified tax system" to cultivate a market-oriented, law-based, and internationalized business environment. They highlighted the importance of deepening cooperation with the UAE in areas like the digital economy and green energy. Chinese Ambassador to the UAE Zhang Yiming noted that the FTP's open policies closely align with the UAE's 50-Year Development Plan, adding that bilateral collaboration will set a new benchmark for China-Middle East economic and trade cooperation. Hainan is intensifying efforts to build itself into a free trade port (FTP), aiming to establish independent customs operations by the end of 2025. Source: CCPIT Hainan CONTACT: Contact person: Ms. Fu, Tel: 86-10-63074558
