Aurangzeb explores climate financing, trade deals with global institutions Finance Minister Muhammad Aurangzeb engaged with global financial institutions, including Standard Chartered Bank... Updated 24 Oct, 2024 11:19pm
Business & Finance UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought... Published 02 Oct, 2024 01:25pm
Business & Finance Australia inflation jumps to 6 month high in May, ramps up rate hike risks SYDNEY: Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices... Published 26 Jun, 2024 11:05am
Business & Finance Moody’s fires France credit rating warning over snap elections LONDON: France’s snap parliamentary elections are negative for the country’s credit score, ratings agency Moody’s... Published 11 Jun, 2024 12:12pm
Business & Finance Modi’s smaller mandate to slow India’s fiscal tightening, Moody’s says MUMBAI: The narrower margin of victory for Indian Prime Minister Narendra Modi’s alliance in elections will... Published 05 Jun, 2024 12:35pm
Business & Finance Moody’s raises China’s growth forecast to 4.5% for 2024 BEIJING: Moody’s raised China’s growth forecast for 2024 to 4.5% from 4.0%, it said in a statement released on... Published 03 Jun, 2024 12:15pm
Pakistan Moody’s says timely election result to reduce uncertainty in Pakistan: report Moody’s Investor Services (Moody’s), a global credit ratings agency, said timely announcement of election results... Updated 09 Feb, 2024 08:09pm
Business & Finance Moody’s cuts NYCB ratings to junk, warns of more downgrades Rating agency Moody’s downgraded New York Community Bancorp’s all long-term and some short-term issuer ratings to... Published 07 Feb, 2024 11:32am
Business & Finance India yet to see significant improvement in debt affordability: Moody’s MUMBAI: India has not seen significant improvement in debt affordability to justify a rethink on the country’s... Published 01 Feb, 2024 02:47pm
Pakistan Pakistan can borrow through ICIEC to reduce financing cost, says CEO KARACHI: As a member country, Pakistan can borrow through the Islamic Corporation for the Insurance of Investment... Updated 20 Dec, 2022 11:16am
Opinion Britain takes fight to restore investor faith into 2023 Major investors are rethinking their support for Britain’s economy following months of political turmoil and... Published 17 Dec, 2022 05:58am
Opinion Pakistan’s exports in the doldrums Subsidies such as those relating to power tariffs have been the lifelines of our export industry, notably the ... Published 29 Oct, 2022 05:55am
Editorials Govt borrowing rises EDITORIAL: The federal government borrowed 608.5 billion rupees from banks during the first 105 days of the current... Published 27 Oct, 2022 05:54am
Editorials Is there any way to ease economy’s travail? EDITORIAL: The Ministry of Finance is reportedly stumped as to where to arrange the resources required to fund the... Published 26 Oct, 2022 05:52am
Opinion Foreign inflows at a low ebb International perceptions of the declining credit worthiness of Pakistan have been augmented by the downgrading of... Published 25 Oct, 2022 05:51am
Business & Finance Rating outlook stays negative: Moody’s downgrades Wapda’s CFR & BCA to Caa1 ISLAMABAD: The Moody's Investors Service has downgraded Pakistan Water and Power Development Authority’s (Wapda)... Published 12 Oct, 2022 05:46am
Print Dar touts ‘charter of economy’ idea, challenges Moody’s Says if agency did not reverse the downgrade of Pakistan’s sovereign credit rating, he would give a 'befitting' reply Updated 08 Oct, 2022 10:23am
Pakistan Moody's cuts Pakistan's rating to Caa1 Rating agency says ongoing floods raise country's external financing needs, heightening risks of a balance of payments crisis Updated 06 Oct, 2022 11:11pm
Business & Finance Moody's retains India rating, says rising global challenges won't derail recovery MUMBAI: Global challenges including the impact of the Russia-Ukraine conflict, higher inflation and tightening ... Published 07 Sep, 2022 04:13am
Opinion IMF programme needs to be protected This is apropos a Business Recorder news item “Miftah gives a detailed account: How country saved itself from... Updated 20 Jul, 2022 06:08am
Markets Bloodbath: KSE-100 closes with 978-point fall as Fitch's downgrade dents sentiment Index finishes below 40,400 level amid political uncertainty Updated 19 Jul, 2022 05:29pm
Markets Hammered by US dollar, rupee closes at record low of 221.99 Falls Rs6.79 or 3.06% in inter-bank market on Tuesday Updated 19 Jul, 2022 05:51pm
Print Moody’s affirms B3 long-term deposit ratings of five banks ISLAMABAD: Moody’s Investors Service has affirmed the B3 long-term deposit ratings of Pakistani banks and changed... Updated 09 Jun, 2022 09:47am
Opinion Pessimism grows The nation started the year 2022 under a euphoria of all good after moving out of the Covid pandemic largely... Published 04 Jun, 2022 04:18am
Print Moody’s lowers Wapda’s rating to negative ISLAMABAD: Moody’s Investors Service has revised Pakistan Water and Power Development Authority (Wapda)’s ... Updated 04 Jun, 2022 10:06am
Business & Finance KATI demands withdrawal of rise in POL products’, power prices KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has demanded to immediately... Published 04 Jun, 2022 04:18am
Markets Bloodbath at PSX: KSE-100 closes over 920 points lower amid economic headwinds Index closes at41,314.88 after Moody's downgrade of Pakistan's outlook, other negative developments Updated 03 Jun, 2022 06:08pm
Print Moody’s changes outlook to negative ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded its outlook for Pakistan from stable to negative.... Updated 03 Jun, 2022 09:41am
Business & Finance Moody’s cuts Ukraine debt rating, outlook negative WASHINGTON: Moody’s on Friday cut Ukraine’s debt rating for the second time in three months and lowered the... Published 22 May, 2022 06:03am
Print IMF asks govt to bring C/A deficit under control DUBAI: The International Monetary Fund has urged Pakistan to bring its current account deficit under control, an... Updated 28 Apr, 2022 11:07am