Fitch Ratings has delivered a significant boost to Pakistan’s economic outlook by upgrading the country’s long-term foreign-currency issuer default rating from ‘CCC+’ to ‘B-’. This decision comes on the back of enhanced fiscal consolidation, a stabilising external position, and more robust macroeconomic policy management. The outlook remains stable, reflecting growing investor confidence in Pakistan’s commitment […]

A new chapter in the volatile saga of global financial markets has opened. In its latest analysis, the International Monetary Fund (IMF) warned that major geopolitical risk events—including rising trade tensions, military conflicts, and sweeping tariff measures—can trigger severe corrections in stock prices. The findings, detailed in a chapter of the forthcoming Global Financial Stability […]

Amid mounting economic uncertainty and the lingering spectre of U.S. tariff threats, UK companies are increasingly shifting their focus to cashflow improvement, cost-cutting, and reduced borrowing, according to Deloitte’s latest quarterly survey of chief financial officers (CFOs) at major British firms. In a climate of cautious optimism about long-term prospects tempered by short-term defensive maneuvers, […]

In a surprising reversal from previous forecasts, the UK economy expanded by 0.5% in February, significantly outpacing the anticipated 0.1% growth predicted by a poll of City economists. This unexpected surge in GDP growth is being hailed as a bright spot for the government, with figures bolstering optimism among policymakers, including Chancellor Rachel Reeves. However, […]