Fresh clashes between the US and Iran near the Strait of Hormuz have cast doubt on Pakistan’s role as a mediator in the crisis. While Donal...

Pakistan cricket is in financial trouble. The Pakistan Cricket Board is sending legal notices to partners for billions in unpaid dues. Mean...

The Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...

Pakistan's economy is struggling due to the US-Israel war on Iran. Rising fuel costs and rolling blackouts are devastating businesses. Cons...

iOS 26.4.1 update features: Apple has released iOS 26.4.1, a crucial update that silently resolves a significant CloudKit sync issue. This ...

Time is running out for Pakistan to convince the International Monetary Fund to release the remaining USD 2.2 billion from its bailout prog...

Pakistan is considering asking its ally, China, to help revive its struggling economy if the International Monetary Fund (IMF) fails to rev...

Pakistan is awaiting a much-needed USD 1.1 billion tranche of funding from the Washington-based International Monetary Fund, originally due...

Fitch typically does not assign outlooks to sovereigns with a rating of CCC+ and below. Its downgrade comes after S&P Global in December cu...

Twice in the past three months, Dar had said that Saudi Arabia would give $3 billion cash -- the second bailout in the past one year. It is...

The country's foreign exchange reserves have depleted to a critically low level of USD 7.5 billion at present due to the repayment of matur...

Pakistans risk of default, measured through the five-year currency default swap (CDS) index, spiked 4.2 percentage points to a new high at ...

The IMF programme was meant to stabilise an economy that has been in a tailspin for months. The nuclear-armed country has suffered from ext...

The decision was taken at a special meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by the Finance Minist...

Pakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warn...

The oil-rich Kingdom earlier provided $3 billion in cash deposits and extended a $3 billion oil facility in 2018, but Pakistan had to retur...

Pakistan will have to share a slice of the burden in the case of a 'permanent default' of Greece — a possibility though not entirely unlike...