Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Pakistan’s credit rating raised by S&P as economy stabilizes
Pakistan’s credit rating raised by S&P as economy stabilizes

Share link:In this post: S&P has upgraded Pakistan’s foreign-currency credit rating from ‘CCC+’ to ‘B-’ with a stable outlook, reflecting improved fiscal health and ongoing economic reforms. With inflation easing and political tensions declining, analysts anticipate further interest rate cuts. A $7B IMF loan, falling inflation (3.2% in June), and a current account surplus have helped stabilize Pakistan’s economy.

Cryptopolitan·2025/07/24 21:55
Flash
20:48
According to a filing submitted to the U.S. Securities and Exchange Commission, biotechnology company Arvinas Holding Company LLC, pharmaceutical giant Pfizer, and Rigel Pharmaceuticals obtained approval under the Hart–Scott–Rodino Antitrust Improvements Act on June 11, 2026.
This key development has removed regulatory obstacles for all parties to advance the previously announced licensing agreement. The conclusion of this agreement marks a new substantive phase in the related cooperation. Passing the HSR antitrust review is a crucial step in strategic collaborations involving intellectual property and market access. This usually means that regulatory authorities have determined the transaction will not materially harm competition in the relevant market. With this regulatory threshold crossed, all parties are expected to accelerate implementation of the detailed terms of the licensing agreement, boosting progress in related R&D or commercialization projects. This dynamic is being closely watched by industry observers.
20:48
According to documents submitted to the U.S. Securities and Exchange Commission, Trinity Industries Inc has successfully signed a credit agreement, obtaining an unsecured revolving credit line of up to $600 million.
This agreement provides the company with significant financial flexibility to meet its working capital requirements, general corporate purposes, and other strategic objectives.
News