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A service for global professionals · Friday, May 9, 2025 · 810,961,443 Articles · 3+ Million Readers
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Credit Rating Fitch Ratings News Monitoring

  • Published on May 7, 2025

    Fitch maintains Jordan’s credit rating at ‘BB-’ with stable outlook

    AMMAN — Fitch Ratings has maintained Jordan’s long-term foreign currency credit rating at ‘BB-’ with a stable outlook, citing strong economic fundamentals and continued reform efforts.   In its latest report, the American credit rating agency said the …

    Source: The Jordan Times - Pro-Government
  • Published on 02:49 GMT

    Indonesians confident of economy amid uncertainty

    Indonesia remains confident about its domestic economy despite the current global economic climate, viewing its newly established sovereign wealth fund as a key driver for boosting investment. Vice-Finance Minister Anggito Abimanyu, speaking at a dialogue …

    Source: China Daily Global - Gov't Propaganda
  • Published on May 7, 2025

    Untangling bond market credit ratings

    The Thai bond market now averages 65 billion baht in daily transactions -- a remarkable increase from just 1 million baht in 1994. Bonds serve as vital financing instruments for both public and private sectors. With such significant values at stake, …

    Source: Bangkok Post - Center-right
  • Published on May 6, 2025

    UAE to support in food security, credit rating boost

    The Deputy Rule of Umm Al Quwain, United Arab Emirates (UAE) on Monday, May 5, has assured the Maldives government of the country’s support in enhancing food security and improving the credit rating of the Maldives. On Monday, the Deputy Rule of Umm Al …

    Source: Sun Online International - Indeterminate
  • Published on May 8, 2025

    Brightline Florida bonds, investors so far unfazed by downgrade to junk

    "Given the current information, it's hard to be bullish on the credit," said Jeff Devine, director of municipal bond research at GW&K Investment Management.Brightline Florida Brightline Florida bonds remained largely unmoved Thursday …

    Source: The Bond Buyer - New York - Neutral
  • Published on May 8, 2025

    Nigeria exits IMF debtor list amid Tinubu’s fiscal reform push 

    The International Monetary Fund (IMF) has removed Nigeria from its list of debtor countries, following the full settlement of outstanding credit obligations to the Fund. This was disclosed in the latest IMF report titled “Total IMF Credit Outstanding – …

    Source: Nairametrics - Neutral
  • Published on May 8, 2025

    Fitch Rating Underscores Jordan’s Economic Resilience, Says Trade Official

    The recent decision by Fitch Ratings to affirm Jordan’s long-term foreign-currency issuer default rating at ‘BB-’ with a stable outlook signals continued confidence in the Kingdom’s economic resilience and reform trajectory, according to Firas Sultan, the …

    Source: Jordan News - Indeterminate
  • Published on May 8, 2025

    NG debt hits record P16.7-T at end-March

    By Aubrey Rose A. Inosante, Reporter THE National Government’s (NG) outstanding debt edged up to a fresh high of P16.68 trillion as of end-March, the Bureau of the Treasury (BTr) said on Wednesday, adding that this debt “remains manageable.” Latest data …

    Source: Business World - Pending
  • Published on May 7, 2025

    Illinois Municipal Electric Agency faces long-term contract uncertainties

    Coal barges on the Mississippi River in Chester, Illinois. A state law curbs coal emissions in Illinois by 2038 and targets net zero emissions by 2045.Bloomberg News The Illinois Municipal Electric Agency plans to go to market in July with $600 million of …

    Source: The Bond Buyer - New York - Neutral
  • Published on May 7, 2025

    Naira depreciates slightly to N1,609/$1 at official market amidst sustained FX stability 

    The Nigerian naira depreciated further against the US dollar at the official foreign exchange market, closing at N1,609/$1 on Tuesday, May 6, 2025. This represents a N4 decline from the previous day’s closing rate of N1,605/$1, based on figures …

    Source: Nairametrics - Neutral
  • Published on May 7, 2025

    ADNOC Murban issues $1.5bn sukuk in debut offering

    Image: ADNOC ADNOC Murban Sukuk Limited, a special purpose vehicle established to issue sukuk certificates, has successfully launched its inaugural Shari’a-compliant trust certificates under its newly created International Sukuk Programme. The $1.5bn sukuk …

    Source: Gulf Business - Neutral
  • Published on May 7, 2025

    China has been trialling battery swaps for electric cars for years. Are they a viable solution to range anxiety?

    At a battery swap station near the Beijing Olympics Sports Centre, the owner of a Nio car watches as a fully charged battery is placed into his vehicle. The station’s staff drive his car onto a platform with an integrated system which removes the depleted …

    Source: Lanka News Web - Pending
  • Published on May 6, 2025

    Battery swaps: China's alternative to plug-in EVs

    ShareSave China has been trialling battery swaps for electric cars for years. Are they a viable solution to range anxiety? At a battery swap station near the Beijing Olympics Sports Centre, the owner of a Nio car watches as a fully charged battery is …

    Source: BBC - Public Broadcaster
  • Published on May 6, 2025

    Low inflation to boost economy, says Go

    Secretary Frederick Go, the Special Assistant to the President for Investment and Economic Affairs, said the low inflation, which hit a nearly a five-year low of 1.4 percent in April 2025, will support economic growth this year. “This will provide welcome …

    Source: Manila Standard - Pro-Government
  • Published on May 6, 2025

    PM assures USPBC delegation Pakistan open for new foreign investments, improved regulatory framework through SIFC

    - Advertisement - ISLAMABAD, May 06 (APP):Prime Minister Muhammad Shehbaz Sharif on Tuesday assured the U.S.-Pakistan Business Council (USPBC) delegation that Pakistan is open for new foreign investments and highlighted the government’s efforts to …

    Source: Associated Press of Pakistan - Pending
  • Published on May 6, 2025

    Global dollar weakness: A window of opportunity for emerging markets like Ghana

    By Kofi Busia KYEI In 2025, the global financial landscape is undergoing a significant transformation as the U.S. dollar (USD) experiences one of its sharpest declines in decades. The dollar index has dropped approximately 9% year-to-date, marking its …

    Source: Business and Financial Times - Pending
  • Published on May 6, 2025

    Gross national happiness

    Finance Secretary Ralph Recto welcomed Fitch Ratings’ recent affirmation of our BBB credit rating with a ‘Stable’ outlook. Retaining our investment-grade credit rating is always a big thing for our economic managers, and for good reason… It allows our …

    Source: Philstar - Pending
  • Published on May 5, 2025

    THG’s term loan rating upgraded by Fitch

    Fitch Ratings has affirmed the THG long-term Issuer Default Rating (IDR) at B+ with a stable outlook. The respected credit rating agency provides independent opinions on the creditworthiness of issuers for the global financial markets. Fitch predict …

    Source: BusinessCloud - Pending
  • Published on May 5, 2025

    In politics, even strife has a red line

    Published: 06 May. 2025, 00:01 Audio report: written by reporters, read by AI Cho Min-geun The author is the business and industry news editor at the JoongAng Ilbo.     In late 2024, South Korean businesses were thrown into a state of alarm following the …

    Source: Korea JoungAng Daily - Center-right

03 days 23:25:55

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  • Published on May 8, 2025 - 10:00 GMT

    Cenovus announces first-quarter 2025 results

    CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its first-quarter 2025 financial and operating results. The company generated more than $1.3 billion in cash from operating activities, $2.2 …

    Distribution channels: Business & Economy ...
  • Published on May 7, 2025 - 12:01 GMT

    Conduent Reports First Quarter 2025 Financial Results

    Key Q1 2025 Highlights Revenue and Adj. Revenue(1): $751M Pre-tax Income (Loss): $(56)M Adj. EBITDA Margin(1): 4.9% New Business Signings ACV(2): $109M Net ARR Activity Metric(2) (TTM): $116M FLORHAM PARK, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Conduent …

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