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Published on 04:30 GMT

Ringgit rises on Moody's positive sovereign credit rating

KUALA LUMPUR: The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said. At 8 am, the ringgit strengthened to 4.3710/3790 against the greenback, compared to …

Source: The Malaysian Star - Uncategorized
Published on 07:24 GMT

Bulgaria's Asen Vassilev Warns of Missed Eurozone Opportunity and Fiscal Instability

Former Finance Minister and WCC-DB MP Asen Vassilev highlighted Bulgaria's compliance with Eurozone criteria, noting the country’s inflation rate of 2.6%, well below the 3% threshold. He asserted that Bulgaria is among the EU countries with the lowest …

Source: Novinite - Neutral
Published on Jan 26, 2025

Duncan warns against 'lofty and impractical' election promises

Fiscal Advisory Committee Chairman Keith Duncan has warned against "lofty and impractical" promises, including raising the income tax threshold or slowing debt repayment, as Jamaica heads toward a general election due by September. "As …

Source: The Gleaner - Neutral
Published on Jan 26, 2025

Ruto welcomes Moody’s positive rating, says ‘God healing our economy’

NAIROBI, Kenya, Jan 26 – President William Ruto has expressed confidence in the future of Kenya’s economy, citing a recent upgrade by global credit rating agency Moody’s, which revised the country’s outlook from negative to positive. Speaking during a …

Source: Capital FM Kenya - Label Pending
Published on Jan 26, 2025

Fitch Affirms Long-Term Issuer Default For Uzbekistan's Thermal Power Plants

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, January 26. Fitch Ratings (a global credit rating agency) has affirmed the long-term issuer default rating (IDR) of Thermal Power plants (Uzbekistan's electricity generation company, TPP) at 'BB-…

Source: MENAFN - Uncategorized
Published on Jan 25, 2025

Moody's improves Argentina's grades

Saturday, January 25th 2025 - 09:29 UTC Lifting exchange rate controls will bring on new challenges for the Libertarian administration The international credit rating agency Moody's Friday improved Argentina's long-term foreign and local currency …

Source: MercoPress - Neutral
Published on Jan 25, 2025

WeWork India’s FY24 Revenue Zooms 27% To INR 1,665 Cr

SUMMARY The coworking space provider reported a 26.7% increase in its revenue from operations to INR 1,665.14 Cr from INR 1,314.52 Cr It managed to trim its loss by 7.5% to INR 135.77 Cr in the fiscal year 2023-24 (FY24) from INR 146.81 Cr in the previous …

Source: Inc42 - Neutral
Published on Jan 25, 2025

UK faces ‘debt death spiral’ – Ray Dalio

Rising borrowing costs and increasing debt levels could push the UK into a self-reinforcing fiscal crisis, according to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund. In an interview with the Financial Times, Dalio …

Source: Talanoa 'O Tonga - Neutral
Published on Jan 25, 2025

More than a million mortgages renew this year and Canada's lenders are preparing for a fight. Why you could end up the ...

Aya McMillan’s mortgage renewal couldn’t have come at a worse time. In the months leading up to the end of her term in November 2024, not only were interest rates more than double the 2.8 per cent fixed rate she had been paying a big bank since buying her …

Source: The Toronto Star - Left-wing
Published on Jan 25, 2025

As 1.2 million mortgages come up for renewal, Canada’s lenders are readying for a fight

Aya McMillan’s mortgage renewal couldn’t have come at a worse time. In the months leading up to the end of her term in November 2024, not only were interest rates more than double the 2.8 per cent fixed rate she had been paying a big bank since buying her …

Source: Hamilton Spectator - Center-left
Published on Jan 25, 2025

Moody’s revises Kenya’s credit rating to positive on easing liquidity risks

NAIROBI, Kenya, Jan 25 — Credit rating agency Moody’s has revised Kenya’s outlook from negative to positive. The agency attributed the outlook change to an improved likelihood of easing liquidity risks and better debt affordability over time. Moody’s …

Source: Capital FM Kenya - Label Pending
Published on Jan 25, 2025

Applying the Enterprise Risk Mindset to AI

[co-authors: Meghan Milloy, Matt Saidel]* AT A GLANCE Artificial intelligence (AI) and other emerging technologies have the potential to revolutionize the financial industry. At the same time, its use introduces new risks that need to be anticipated and …

Source: JD Supra - Label Pending
Published on Jan 25, 2025

UK encounters ‘debt death spiral’

(MENAFN) Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has issued a stark warning about the UK's rising fiscal risks, highlighting the country’s soaring borrowing costs and growing debt burden. Dalio noted that the …

Source: MENAFN - Uncategorized
Published on Jan 24, 2025

Boeing Reports On Q4 Impacted By Strike: Affirms First 777X Delivery In 2026

Boeing has reported its preliminary Q4 2024 results, becoming the second quarter in a row when it unveiled a portion of its financial performance ahead of the complete publication of its quarterly results. Impacted by the work stoppage On January 23, …

Source: Simple Flying - Neutral
Published on Jan 23, 2025

Will Angola’s mystery debt holdout please stand up?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You are one lender, among a group of lenders, who, at some point in time, extended a syndicated loan of mysterious purpose and …

Source: The Financial Times - Neutral
Published on Jan 24, 2025

Regional Council retains AA+ rating despite challenging environment

News from Greater Wellington Regional Council Te Pane Matua Taiao International credit rating agency S&P Global Ratings has reconfirmed the regional council’s ‘AA+’ long-term credit ratings. Both the council and its holdings company WRC Holding have …

Source: Scoop - Wellington - Uncategorized
Published on Jan 24, 2025

Angola: Government says it ‘takes obligations to investors very seriously’

Angola’s Ministry of Finance stressed on Thursday that it “takes its obligations to its investors very seriously” in a statement issued in response to an article in the Financial Times on the country’s level of public debt, saying that that it is …

Source: Macau Business - Pro-Government
Published on Jan 24, 2025

Greater Wellington Gets Strong Financial Ratings Despite Challenging Local Government Environment

International credit rating agency S&P Global Ratings has reconfirmed Greater Wellington’s 'AA+' long-term credit ratings. Both Greater Wellington and its holdings company WRC Holding have held an AA+ rating with a negative outlook. Chair of …

Source: Scoop - Uncategorized
Published on Jan 24, 2025

Lloyds welcomes government intervention in car finance scandal

Charlie Nunn, the chief executive of Lloyds Banking Group, has welcomed the government’s decision to intervene in a crucial car finance mis-selling case and said he hoped it would bring clarity. Earlier this week the Treasury announced it was seeking …

Source: The Times - Center-right

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Published on January 23, 2025 - 23:01 GMT

Geopolitics and financial stability: a plan beats no plan − speech by Carolyn Wilkins

Introduction There is no better place to speak about geopolitical risks to financial stability than at a leading provider of credit ratings for global capital markets. Rating agencies provide assessments across a range of geopolitical risks and apply these …

Distribution channels: Banking, Finance & Investment Industry
Published on January 23, 2025 - 21:35 GMT

First Bank Announces Fourth Quarter 2024 Net Income of $10.5 Million and Full Year Net Income of $42.2 Million

HAMILTON, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) ("the Bank") today announced results for the fourth quarter and full year 2024. Net income for the fourth quarter of 2024 was $10.5 million, or $0.41 per …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on January 23, 2025 - 12:00 GMT

American Airlines Reports Fourth-Quarter and Full-Year 2024 Financial Results

FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including: Record fourth-quarter revenue of $13.7 billion and record full-year revenue …

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Published on January 23, 2025 - 11:25 GMT

Amalgamated Financial Corp. Reports Fourth Quarter 2024 Financial Results: Solid Loan Growth; Net Interest Margin Rises ...

NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the fourth quarter and full year ended …

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Published on January 22, 2025 - 21:30 GMT

Live Oak Bancshares, Inc. Reports Fourth Quarter 2024 Results

WILMINGTON, N.C., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2024 net income attributable to the Company of $9.9 million, or $0.22 per diluted share. Net income …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 22, 2025 - 21:15 GMT

Origin Bancorp, Inc. Reports Earnings for Fourth Quarter and Full Year 2024

RUSTON, La., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (“Origin,” “we,” “our” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $14.3 million, or $0.46 diluted earnings per share (“ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on January 27, 2025 - 07:45 GMT

Football Helmet Market Update 2025 : Projected to Exhibit USD 487.1 Million Revenue by 2032, Claims AMR

The amateur player segment holds the major football helmet market share owing to an increase in youth participation and safety awareness. WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 27, 2025 - 07:45 GMT

Casino Gaming Equipment Market Anticipates Exceeding USD 13,191.8 million by 2027, Sustaining a Robust CAGR of 5.5%

By category, the floor mounted segment is the highest contributor to the market and is estimated to reach $7,937.0 million by 2027, at a CAGR of 5.2% WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The global casino gaming …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...
Published on January 27, 2025 - 07:39 GMT

Healthark Insights Publishes Annual "Top 10" Reports on 2025 Healthcare Trends

Healthark offers a data-driven lens on 2025 through its "Top 10" reports, focusing on healthcare trends, innovations & strategies, shaping industry's future. AHMEDABAD, GUJARAT, INDIA, January 27, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 27, 2025 - 07:37 GMT

A' Fashion, Apparel and Garment Design Award Announces Comprehensive Prize Package for 2024

The A' Fashion Award Unveils an Extensive Benefits Package Designed to Celebrate and Promote Excellence in Fashion Design Worldwide COMO, CO, ITALY, January 27, 2025 /⁨EINPresswire.com⁩/ -- The A' Fashion, Apparel and Garment Design Award …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 27, 2025 - 07:37 GMT

A' Packaging Design Award Unveils Comprehensive Prize Package for 2024-2025 Competition

International Packaging Design Competition Reveals Extensive Benefits Package Including Exhibition, Publication and PR Campaign COMO, CO, ITALY, January 27, 2025 /⁨EINPresswire.com⁩/ -- A' Packaging Design Award announces its comprehensive …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 27, 2025 - 07:34 GMT

Indonesia Skin Care Products Market is Probable to Influence the Value of $18,828.24 million by 2030, Size, Share

By type, the face care segment dominated the market and is likely to remain dominant during the forecast period. WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The Indonesia skin care products market size was valued at $9 …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on January 27, 2025 - 07:23 GMT

Endometrial Ablation Devices Market Growth Booming in next 10 years

PORTLAND, IL, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- Endometrial ablation is a medical procedure used to remove or destroy the endometrial lining of the uterus for treatment of heavy menstrual bleeding. Factors such as increase in …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 27, 2025 - 07:19 GMT

Optical Fibers in Endoscopy Market to reach $1.5 billion by 2030 | Olympus Corporation, Pentax Medical, Strauss Surgical

PORTLAND, IL, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the global optical fibers in endoscopy market generated $869.02 million in 2020, and is expected to reach $1.5 …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 27, 2025 - 06:58 GMT

Night Creams Market Set to Achieve a Valuation of US$ 11.4 billion, Riding on a 6.4% CAGR by 2026

The Skin whitening creams segment is expected to grow at a CAGR of 7.8% during the forecast period. WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The global night creams market size was valued at $7.1 billion in 2018, …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on January 27, 2025 - 06:52 GMT

The Backbone of Solar Panels: Exploring the Solar Encapsulation Market

Solar Encapsulation Market Expected to Targets $ 6.1 billion by 2030 WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, The solar encapsulation market size was …

Distribution channels: Business & Economy, Energy Industry ...
Published on January 27, 2025 - 06:52 GMT

India Disposable Syringes Market Size Projected to Reach USD 385.54 million by 2030 at a 10.3% CAGR , Says AMR

The India disposable syringes market is driven by rise in number of surgical procedures across the country. PORTLAND, OR, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 27, 2025 - 06:48 GMT

Ground Protection Mats Market to rise up to the USD 639.1 million by 2031 and to grow at a CAGR of 4.3%

By application, the commercial segment is projected to witness the highest CAGR of 4.9%, in revenue terms, as per ground protection mats market size. WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The ground protection …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 27, 2025 - 06:23 GMT

Hydraulic Fracturing Market to Hit $100 Billion by 2032 with a 5.44% CAGR

Hydraulic Fracturing Market Projections indicate that the market will expand from USD 65.42 billion in 2024 to reach USD 100 billion by 2032 NEW JERSEY, NJ, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The Hydraulic Fracturing Market …

Distribution channels: Business & Economy ...
Published on January 27, 2025 - 06:18 GMT

Microbial Identification Market Size Projected to Reach USD 6.4 billion by 2032 at a 6.2% CAGR, Says AMR

Increase in the prevalence of infectious diseases, increase in awareness of food safety issues, and rise in technological advancements drive the growth. PORTLAND, OR, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 27, 2025 - 06:15 GMT

Dubai Luxury Interior Design Firm Wins Prestigious Property Award for Versace Home Showroom

Award-winning Versace Home Showroom by Solomia Home sets new standards in luxury retail design, blending Italian heritage with Dubai innovation DUBAI, DUBAI, UNITED ARAB EMIRATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- Solomia Home, a leading …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 27, 2025 - 05:59 GMT

5 Axis Laser Cutting Machine Market Poised to Hit USD 16.5 Billion by 2032 with an 11.1% CAGR

5 Axis Laser Cutting Machine Market was valued at roughly USD 6.4 billion in 2023. The market is anticipated to grow to USD 7.11 billion by 2024 NEW JERSEY, NJ, UNITED STATES, January 26, 2025 /⁨EINPresswire.com⁩/ -- The 5 Axis Laser Cutting …

Distribution channels: Business & Economy ...
Published on January 27, 2025 - 05:39 GMT

Online Language Classes Market 2025 Trends : Predicted to Grow at a CAGR of 14% from 2023 to 2032, Report

Rise In Technological Advancements In Language Learning Platforms is boosting the Online Language Classes Market WILMINGTON, DE, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, " …

Distribution channels: Business & Economy, Consumer Goods ...
Published on January 27, 2025 - 05:00 GMT

White Papers Highlight Tennesseans' Views on Education Quality and School Vouchers Ahead of Special Legislative Session

A data-driven perspective on critical challenges facing Tennesseans: education quality, accessibility options and actionable recommendations for policymakers. BRENTWOOD, TN, UNITED STATES, January 27, 2025 /⁨EINPresswire.com⁩/ -- The Patton …

Distribution channels: Business & Economy, Education ...
Published on January 27, 2025 - 04:47 GMT

Clean Group North Sydney Enhances Commercial Cleaning Services Amid Global Health Concerns

SYDNEY, NSW, AUSTRALIA, January 27, 2025 /⁨EINPresswire.com⁩/ -- Clean Group, a leading commercial cleaning service provider in Sydney, announces enhanced preparedness measures for its North Sydney operations in response to emerging global health …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 27, 2025 - 04:10 GMT

JDPGlobal.com Invests in Precision Neuroscience Boosting Advancements in Brain-Computer Interface Technology

NY, UNITED STATES, January 26, 2025 /⁨EINPresswire.com⁩/ -- JDPGlobal.com, a leading investment firm, has announced a strategic investment in Precision Neuroscience, a company at the forefront of brain-computer interface (BCI) technology. This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...