Pakistan on brink of debt default, PM Sharif 'failing to save sinking ship': Noted economist

Oct 16, 2022

Islamabad [Pakistan], October 16 : Warning that Pakistan is on the brink of a "debt default", renowned economist Steve Hanke said that Pakistan Prime...

Int'l investors perceive Pakistan as country with high debt default risk

May 26, 2022

Islamabad [Pakistan], May 26 : Pakistan is now perceived by the International investors as a country with high default risk at a time when...

Fitch downgrades Future Retail to restricted default on DDE

May 01, 2021

Mumbai (Maharashtra) [India], May 1 : Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following...

Credit agency S&P cut Pakistan's credit outlook rating to negative

Jul 29, 2022

Islamabad [Pakistan], July 29 : As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut...

Pakistan's default risk worsens, credit default swap spikes to 93 pc

Nov 22, 2022

Pakistan's credit default swap (CDS) spikes by 30 percentage points in a week to 92.53 per cent ahead of debt repayment, amid political unrest.

Laos default would give new momentum to China "debt trap" diplomacy

Jul 17, 2022

Vientiane [Laos], July 17 : Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new...