The ratings firm Fitch downgraded a cluster of the world's largest banks Thursday, pointing to trading challenges facing international markets.
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04/10/2024 - 5:09 am | View Link - Fitch downgrades China outlook to negative on economic growth risks
The downgrade follows a similar move by Moody's in December and comes as Beijing ratchets up efforts to spur a feeble post-COVID recovery in the world's second-largest economy with fiscal and ...
04/10/2024 - 4:20 am | View Link - Fitch downgrades outlook on China to negative
Fitch forecast the general government deficit would rise to 7.1% of gross domestic product (GDP) in 2024 from 5.8% in 2023, the highest since a reading of 8.6% in 2020, when Beijing’s strict COVID ...
04/10/2024 - 2:04 am | View Link - Fitch cuts China's ratings outlook on growth risks
Fitch cut its outlook on China's sovereign credit rating to negative on Wednesday, citing risks to public finances as the economy faces increasing uncertainty in its shift to new growth models.
04/9/2024 - 10:09 pm | View Link - Asian stocks firm, take Fitch's China downgrade in their stride
By Scott Murdoch SYDNEY (Reuters) -Asian stocks traded higher on Wednesday, unfazed by a rating downgrade to China by Fitch which triggered a mild domestic sell-off as the world's second-biggest ...
04/9/2024 - 7:25 pm | View Link - More
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