Malavika Kaur Makol

1 week ago | bloomberg.com | Kamran Haider |Malavika Kaur Makol

Fitch Ratings upgraded Pakistan to ‘B-’ from ‘CCC+’ with a stable outlook. (Bloomberg) -- Fitch Ratings upgraded Pakistan’s credit rating, citing confidence that the South Asian country will be able to sustain reforms under a loan program with the International Monetary Fund. The credit assessor upgraded Pakistan to ‘B-’ from ‘CCC+’ with a stable outlook. Other countries with a similar rating include Angola, El Salvador and Iraq.

2 weeks ago | news.bloombergtax.com | Malavika Kaur Makol |Kerim Karakaya

Emerging-market stocks erased their gains for the year in one of their worst days since the global financial crisis, as the escalating trade conflict fueled a flight to safer assets. MSCI’s main emerging equity index dropped as much as 8.4% on Monday, its biggest intra-day move since 2008, while an index for emerging market currencies also slipped.

4 weeks ago | bloomberg.com | Malavika Kaur Makol |Kamran Haider

International Monetary Fund is poised to disburse about $2 billion to Pakistan in two separate loans, in a show of confidence by the global lender in the government’s economic reforms to rebuild the fragile South Asian economy. “Pakistan has made significant progress in restoring macroeconomic stability and rebuilding confidence despite a challenging global environment,” according to a statement by the Washington-based lender as it reached a staff level agreement with Pakistan.

1 month ago | bloomberglinea.com.br | Malavika Kaur Makol |Srinivasan Sivabalan

Bloomberg — Os gestores de ativos americanos estão cada vez mais fazendo alocações fora do benchmark tradicional e buscando retornos em mercados fora dos Estados Unidos. O foco é a renda fixa de emergentes, e os alvos principais são os mercados que estão relativamente isolados da economia global e que têm oportunidades de investimento lideradas por fatores locais, como reformas ou altas taxas de juros.

1 month ago | ca.finance.yahoo.com | Malavika Kaur Makol |Srinivasan Sivabalan

(Bloomberg) -- The rally in emerging-market local-currency bonds is getting more exotic, as investors seek to shield themselves from US-induced risks by venturing deeper into lesser-known frontier nations. • They Built a Secret Apartment in a Mall. Now the Mall Is Dying.