Pakistan’s dollar bonds jump to four-year high
Pakistan’s sovereign dollar-denominated bonds have continued to rally due to an improvement in economic indicators and credit rating upgrades. “Pakistan…
Moody’s upgrades Pakistan’s credit rating to Caa1 based on ‘improving external position’
Global rating agency Moody’s on Wednesday upgraded Pakistan’s credit rating by one notch to Caa1 from Caa2, citing Islamabad’s improving…
S&P Global lifts Pakistan’s credit rating ‘B-’ from ‘CCC+’, outlook stable
Ratings agency S&P Global raised Pakistan’s sovereign credit rating to ‘B-’ from ‘CCC+’ and placed it on a ‘stable’ outlook…
Pakistan: Workers’ remittances reach record high of $38.3bn in FY25
Pakistan’s workers’ remittances reached a record high of $38.3 billion in FY25, marking a 26.6% increase compared to $30.25bn received…
China’s manufacturing PMI rises to 49.7 in June
The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.7 in June, up 0.2 percentage points from…
UN forecasts 2.3% growth for Pakistan in 2025
Pakistan is expected to experience “moderate growth, stabilising”, says UN report Pakistan, an important economy in South Asia, is anticipated…