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FITCH RATINGS DOWNGRADE

  • Gennadiy Goldberg, head of U.S. rates strategy at TD Securities, warns of a potential severe debt ceiling standoff in the U.S. in 2025, similar to the 2011 crisis, which could lead to another sovereign credit rating downgrade. Despite Congress suspe...

    21 Jun, 2024, 05.15 PM IST
  • Ratings agency Standard & Poor's downgraded France's credit score on Friday citing a deterioration in the country's budgetary position, a blow to Emmanuel Macron's government days before EU parliamentary elections. France's general government debt w...

    01 Jun, 2024, 12.10 PM IST
  • Boeing said it burned through $3.9 billion of cash in the first quarter as it slowed 737 Max production in the wake of a near-disaster involving one of the planes in January. The company predicted another "sizable" use of cash this quarter.

    27 Apr, 2024, 11.33 PM IST
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  • "Reliance Industries Ltd's (RIL) strong earnings will keep leverage in check as the company continues to pursue growth ambitions. We expect the company's debt-to-EBITDA ratio to remain commensurate with the rating (BBB+/Stable/--)," S&P said in a no...

    26 Apr, 2024, 03.15 PM IST
  • China's economy is expected to have slowed in the first quarter due to challenges in the property sector and weak consumer activity. Despite setting a growth target of around five percent for the year, analysts view this goal as ambitious. While ind...

    15 Apr, 2024, 11.11 AM IST
  • Fitch downgraded China's sovereign credit rating outlook to negative, expressing concerns over fiscal risks amidst economic uncertainties during its transition to new growth models. Fitch predicted a rise in the general government deficit to 7.1% of...

    10 Apr, 2024, 10.18 AM IST
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  • ​New York Community Bancorp faced its third credit-rating cut on Thursday as defaults worries from exposure to the beleaguered U.S. commercial real estate (CRE) took its toll on lenders in Europe and Asia.

    08 Feb, 2024, 09.05 PM IST
  • Three credit rating agencies hold over 90 per cent of the global market. Two of these agencies have said that FM Sitharaman's interim budget changes little for them at this time. The government has been for long complaining about the rating agencies...

    02 Feb, 2024, 07.25 PM IST
  • Moody's action is the latest alarm sounded over the property sector ills' spillover across the economy, despite Beijing's pledges for support policies. It also resembles a sector-wide downgrade by Fitch Ratings earlier this year.

    20 Jan, 2024, 12.51 AM IST
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  • Fitch Ratings has warned that US banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of the operating environment for the industry. If Fitch were to lower its score to A+ from AA-, it would be forced to re-...

    15 Aug, 2023, 07.47 PM IST
  • As an investor in Indian equity markets, you must not fret over the US downgrade by Fitch and focus on stocks that you own in your portfolio over anything else. Make sure that they are fundamentally sound and hold them with patience.

    05 Aug, 2023, 01.13 PM IST
  • Fitch, a top-notch global rating firm, recently downgraded United States' credit rating. So what does the downgrade mean? How it's going to affect the markets and everything. Here's everything you need to know about the downgrade. ETMarkets Decoder:...

    04 Aug, 2023, 06.43 PM IST
  • Steve Englander of Standard Chartered Bank believes that the panic caused by the Fitch downgrade of the US rating is a pure risk premium, with US CDS barely impacted. Englander also thinks that the US market will soon move past the downgrade as ever...

    03 Aug, 2023, 09.57 AM IST
  • Fitch Ratings' decision to downgrade US government debt has been seized upon by rival political factions as a new weapon of combat in their never-ending war, and finger pointing has already commenced. Although President Biden has yet to publicly com...

    03 Aug, 2023, 09.36 AM IST
  • Private payrolls rose by 324,000 jobs last month, the ADP National Employment report showed, more than an increase of 189,000 that economists polled by Reuters had forecast.

    02 Aug, 2023, 10.29 PM IST
  • The comments by Richard Francis on CNBC came a day after Fitch took the United States' top-tier AAA rating down a notch to AA+, drawing fiery pushback from the White House and Treasury Department.

    02 Aug, 2023, 10.16 PM IST
  • Several major brokerages said Fitch's downgrade was unlikely to result in a sustained drag on U.S. financial markets, noting that the economy was stronger than in 2011.

    02 Aug, 2023, 08.10 PM IST
  • With the downgrade, it becomes the second major rating agency after Standard & Poor's to strip the United States of its triple-A rating. The dollar fell across a range of currencies, stock futures ticked down and Treasury futures rose after the anno...

    02 Aug, 2023, 03.55 PM IST
  • Ratings agency Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

    02 Aug, 2023, 01.28 PM IST
  • The U.S. dollar index and benchmark 10-year Treasury yields dropped after rating agency Fitch downgraded the U.S. government's top credit rating, citing fiscal deterioration over the next three years and growing general government debt burden.

    02 Aug, 2023, 07.58 AM IST