Moody’s Investors Service (Moody’s) has downgraded the Government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa3 from Caa1. Moody’s has also downgraded the rating for the senior unsecured MTN programme to (P)Caa3 from (P)Caa1. Concurrently, ...

ISLAMABAD/WASHINGTON – US state department spokesperson again expressed concerns over the assassination attempt on former prime minister Imran Khan as the country’s political tensions are at a tipping point. In his press briefing link, Ned Price said violence has no place in politics and he ...

KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile session on Thursday, as investors were observed weighing the impact of ongoing political uncertainty and deteriorating macroeconomic indicators after a brief pause. Pushed by these factors, the market players opted to offload ...

In order to restore law and order situation, the federal government has formed a 16-member Jirga to hold dialogues with the parties in Swat, Miranshah and Mir Ali areas of North Waziristan. The Jirga comprises of representatives of the Pakistan Peoples’ Party (PPP), Awami National Party (ANP), ...

Pakistan’s all-format captain, Babar Azam led his side to a historic series win against Australia. Babar finished as the second-highest run-scorer in the series with 276 runs and bagged the player of the series award for his exceptional performances. As a result of his record-breaking ...

PML-N leader and former prime minister Nawaz Sharif lashed out at the government over the current situation in the country. He said that Imran Khan who put his ego before the country and the nation. He further claimed that all the conspiratorial characters involved in this conspiracy are guilty ...

BEIJING – Pakistan International Airlines (PIA) has been granted two more operating licences by Chinese authorities for Guangzhou and Xian in addition to Beijing. Previously, PIA has an operating licence only for Beijing. Now, the Civil Aviation Administration of China (CAAC) has granted two ...

Pakistan’s recent policy adjustments, demonstrated access to external financing, and its commitment to a market-determined exchange rate has offset rising external risks from a widening current-account deficit, according to Fitch Ratings. The rating agency stated in the report ‘Reforms and ...

Pakistan’s national flag carrier has achieved perfect safety ratings from European Air Safety Watchdog, SAFA. In the past years, this achievement was considered almost unattainable. SAFA or Safety Assessment for Foreign-Origin Aircraft conducts periodic and surprise checks for all the ...

NEW DELHI – In another incident of state-led extremism, a Muslim school teacher, who was earlier expelled from her job, has been arrested after she ‘celebrated’ Pakistan's victory against India in the T20 World Cup match. Reports in Indian media said Nafeesa Attari was apprehended and was ...