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Business
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Economy
6/26/2024 4:50:25 PM
International credit rating agency Fitch downgraded the Maldives Wednesday and warned that South Asia's tourist paradise could be headed for a sovereign default on its foreign loans.
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Business
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Economy
11/6/2023 7:18:27 PM
S&P Global Ratings agency has raised concerns over the significant impact that the Israeli war on Gaza is expected to have on foreign tourism in Egypt, Jordan, and Lebanon.
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Business
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Economy
10/21/2023 5:07:34 PM
S&P Global Ratings agency (previously Standard & Poor's) has downgraded Egypt's long-term sovereign credit rating in local and foreign currencies to B- from B, placing the outlook at stable, according to a report by the agency on Friday.
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Business
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Economy
9/14/2023 10:57:55 PM
Moody's on Thursday downgraded China's property sector outlook to negative from stable, saying weaker growth was impacting homebuyers' spending.
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Business
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Region
2/9/2023 3:56:26 PM
The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday.
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War in Ukraine
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Economy
6/28/2022 11:25:10 AM
Moody's ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a century, after bond holders did not receive $100 million in interest payments.
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War in Ukraine
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Economy
4/9/2022 11:20:22 PM
The credit ratings agency Standard & Poor's has downgraded its assessment of Russia's ability to repay foreign debt, signaling rising prospects that Moscow will soon default on external loans for the first time in more than a century.
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Business
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Economy
4/25/2019 7:12:28 PM
Egypt’s economy has received the thumbs up from another ratings agency, but debt is still a matter of concern, reports Sherine Abdel-Razek
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Business
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Economy
10/20/2014 11:30:44 AM
International ratings agency upgrades Egypt's economic outlook ahead of February Economic Summit in Sharm El-Sheikh
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Business
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Economy
7/9/2014 7:20:02 PM
Both of Egypt's main market indexes were up Wednesday, buoyed by a thumbs up from Fitch ratings agency after last week's fuel hikes and before August's slow-down
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Business
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Economy
2/12/2013 6:32:27 PM
Global ratings agency cuts Egyptian bond rating due to recent clashes and reduced foreign currency reserves
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World
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International
2/5/2013 8:05:08 PM
The US Justice Department is suing ratings agency Standard & Poor's for fraud related to the financial crisis
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Business
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Economy
10/30/2012 12:53:01 PM
Ongoing public protests in the oil-rich Gulf state could damage its sovereign rating, says agency
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Business
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Economy
6/25/2012 5:20:43 PM
Ratings agency sounds warning of a 'protracted' and 'possibly volatile' transition from military rule and its impact on an already battered economy
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Business
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Economy
6/20/2012 3:25:36 PM
Financial institutions take a further hit, as ratings agency makes new amendments on the back of renewed political turmoil
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Business
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Economy
6/5/2012 11:04:13 AM
Ratings agency predicts possibility of a Greek exit if the country rejects the austerity measures and reforms agreed to in exchange for an EU-IMF bailout
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Business
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Economy
5/31/2012 1:17:23 PM
Last week's credit cut by Standard & Poor's comes under fire from the leader of the country's parliament
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Business
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Economy
5/28/2012 7:25:25 PM
Emirate's oil wealth enables it to build strong external and fiscal balance sheets, says leading ratings agency
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Business
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Economy
2/10/2012 5:33:08 PM
Ratings agency cuts country's long-term rating a further notch, blaming tumbling foreign reserves and persistent political uncertainty
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Business
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Economy
1/24/2012 5:29:42 PM
World's three main ratings agencies are under investigation in Italy after consumer groups accuse them of market abuses
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