Former British-Pakistani world champion Amir Khan retires from boxing 

Amir Khan looks on against Terence Crawford before their WBO welterweight title fight at Madison Square Garden on April 20, 2019 in New York City. (AFP/FILE)
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Updated 14 May 2022
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Former British-Pakistani world champion Amir Khan retires from boxing 

  • The 35-year-old fighter hangs up his gloves with a record of 34 wins from 40 fights in his career 
  • Khan’s career ended in defeat when he was stopped in grudge match against Kell Brook in February 

LONDON: Former British-Pakistani world champion Amir Khan announced on Friday he was retiring from boxing after a 17-year professional career.

The 35-year-old fighter, who became a unified world champion at light-welterweight, hangs up his gloves with a record of 34 wins from his 40 fights.

The 2004 Olympic silver medalist, who also challenged for world titles at welterweight and middleweight, won the first 18 contests of his pro career, becoming one of the finest British boxers of his era.

Khan’s career ended in defeat when he was stopped in the sixth round of his grudge match against long-time rival and compatriot Kell Brook in Manchester in February.

Brook announced his own retirement last week.

“It’s time to hang up my gloves,” Khan wrote on his Twitter account. “I feel blessed to have had such an amazing career that has spanned over 27 years.

“I want to say a heartfelt thanks to the incredible teams I have worked with and to my family, friends and fans for the love and support they have shown me.”

Khan became world champion in 2009, defeating Ukraine’s Andreas Kotelnik in a WBA super-lightweight bout and saw off US opponent Zab Judah to add the IBF belt two years later.

A controversial points loss against American Lamont Peterson later in 2011 brought the British boxer’s reign to a frustrating end but he was reinstated as WBA titlist after Peterson tested positive for a banned substance in the lead-up to the rematch.

But it was a short reign as he was savagely stopped by Danny Garcia in 2012, a defeat that marked the last time he came into the ring holding a major world title.

Khan leapt two divisions to face Saul “Canelo” Alvarez in 2016 for the WBC middleweight title but the Mexican ended matters clinically with a devastating one-punch sixth-round knockout. 

Despite his waning performances in the ring, his appeal with the British public was cemented by an appearance on TV reality show “I’m a Celebrity... Get Me Out of Here!” in 2017.

Khan was also stopped inside six rounds by WBO welterweight champion Terence Crawford in 2019 before surprisingly teaming up and training alongside the American in Colorado for his much-anticipated fight against Brook earlier this year.

But there would be no storybook ending as Khan’s face was left battered and bruised before he was stopped on his feet.


Pakistan stocks hit record high on hopes of rate cut, improved US ties

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Pakistan stocks hit record high on hopes of rate cut, improved US ties

  • Benchmark index gains 2,662 points, or 1.44 percent, to close at an all-time high of 187,761 points
  • Engro, UBL, Hub Power, Fauji Fertilizer, Meezan Bank and Service Industries added 1,554 points to index

ISLAMABAD: The Pakistan Stock Exchange (PSX) hit a record high as it surpassed the 187,500-point mark on Monday, with analysts citing improving ties with the United States and expectations of an imminent interest rate cut.

The benchmark KSE-100 index gained 2,662.86 points, or 1.44 percent, to close at an all-time high of 187,761.69 points, up from the previous close of 185,098.83 points, according to PSX data.

The stock gains came a day after President Donald Trump invited Prime Minister Shehbaz Sharif to join the so-called “Board of Peace” for Gaza, amid increasing Pakistan-US diplomatic and economic engagement since Trump’s rise to presidency.

“Falling government bond yields and improving Pakistan-US relations played a catalyst role in record close at PSX,” Ahsan Mehanti, chief executive officer of Arif Habib Commodities, told Arab News.

Meanwhile, Karachi-based market research firm Topline Securities said bulls extended their rally as hopes of a rate cut by the State Bank of Pakistan (SBP) fueled investor sentiment.

“Investor sentiment remained upbeat, largely fueled by rising expectations of an imminent interest rate cut,” it said in a post on X. “Market participants increasingly priced in a 50bps reduction in the upcoming monetary policy, which kept buying interest alive and underpinned broad-based gains.”

In December, the SBP cut its key policy rate by 50 basis points to 10.5 percent, resuming monetary easing after four meetings in a move that surprised many despite International Monetary Fund guidance to keep policy “appropriately tight” to anchor inflation expectations.

Engro Holdings Limited (ENGROH), United Bank Limited (UBL), Hub Power Company Limited (HUBC), Fauji Fertilizer Company Limited (FFC), Meezan Bank Limited (MEBL) and Service Industries Limited (SRVI) collectively added 1,554 points to the benchmark index on Monday, according to Topline Securities.

“Total market volumes stood at 1,195 million shares, while the value of shares traded amounted to Rs63.7 billion,” the research firm said. “[Bank Makramah Limited] BML led the volume chart, emerging as the most actively traded stock with 246 million shares.”