Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25 Updated 19 Jun, 2024 10:06pm
Business & Finance Moody’s fires France credit rating warning over snap elections LONDON: France’s snap parliamentary elections are negative for the country’s credit score, ratings agency Moody’s... Published 11 Jun, 2024 12:12pm
World India’s Modi, allies to meet after election verdict, key ally pledges support HYDERABAD: A key ally of Indian Prime Minister Narendra Modi pledged support to him on Wednesday and was set to... Updated 05 Jun, 2024 12:19pm
Business & Finance Fitch puts India’s IIFL Finance on negative rating watch BENGALURU: Rating agency Fitch, on Thursday, placed India’s IIFL Finance’s ‘B+’ long-term issuer default rating and... Published 14 Mar, 2024 04:47pm
Pakistan China rolls over $2bn loan to Pakistan, says caretaker finance minister ISLAMABAD: China has rolled over a $2-billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed... Updated 29 Feb, 2024 11:13pm
Markets Euro slips as Germany enters recession, dollar hits 2-month peak LONDON: The euro dropped on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while... Published 25 May, 2023 01:49pm
Business & Finance Fitch puts US rating on negative watch as debt deadline looms Ratings agency Fitch put the United States’ credit on watch for a possible downgrade on Wednesday, raising the... Published 25 May, 2023 10:21am
Business & Finance Fitch upgrades Saudi Arabia to ‘A+’ on strong balance sheet, buffers DUBAI: Ratings agency Fitch on Wednesday upgraded Saudi Arabia’s credit rating to ‘A+’ from ‘A’, citing the Gulf... Published 05 Apr, 2023 02:21pm
Business & Finance Fitch upgrades Ghana’s long-term local-currency issuer default rating to ‘CCC’ ACCRA: Ratings agency Fitch on Wednesday upgraded Ghana’s long-term local-currency issuer default rating to ‘CCC’... Published 22 Mar, 2023 02:55pm
Print Fitch, too, revises outlook to negative Affirms Pakistan's long-term foreign-currency (LTFC) issuer default rating (IDR) at “B-” Updated 20 Jul, 2022 09:18am
Markets Fitch revises Saudi Arabia’s outlook to ‘positive’ from ‘stable’ Ratings agency Fitch revised its outlook on Saudi Arabia to “positive” from “stable” on Thursday, citing... Published 14 Apr, 2022 06:42pm