The Latest Breaking News from Fitch Ratings

Fitch Ratings emphasizes Egypt's need to sustain economic reforms for potential credit rating upgrade.

Fitch Ratings raises India's GDP growth estimates for 2024 and 2025, indicating positive economic prospects and resilience in the face of challenges.

Rerouting via the Cape of Good Hope is having the greatest impact on China’s exports of cars and solar modules, according to Fitch Ratings

Move from agriculture to manufacturing, an increase in demand for Food for Work programme show changes in economy.

It’s taken more than half a century to merge 20 credit unions into New Zealand’s biggest, Unity. But just two more years of forecast operating losses could unravel those generations of work, an international ratings agency warns. Fitch Ratings has downgraded Unity credit union to a B credit rating, with…

"Home prices keep marching higher," NAR’s chief economist Lawrence Yun said in a statement, arguing that "only a dramatic rise in supply will dampen price appreciation."

The 'Big Three' credit rating agencies continue to reign supreme in Europe, maintaining their dominance as they hold the key to Europe's financial evaluation.

Fitch Ratings has revised the outlook on Kerala to ‘stable’ from ‘negative’ while retaining a ‘BB’ rating for the State’s long-term foreign and local currency issuer default ratings (IDR).

Fitch Ratings emphasizes that the foremost concern for the global credit landscape remains centered on persistently high inflation

If Beijing is forced to step in to save the economy, that might push Fitch Ratings to consider a downgrade, given a debt-to-GDP ratio that's "a little bit on the high side."

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.02% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.10%. Stocks on Tuesday retreated, with the S&P 500 falling...