Fitch Financial News

12.08 / 03:35
Provident Ripple Fitch Here's where China's real estate troubles could spill over
BEIJING — China's real estate troubles could spill into other major sectors if the problems persist — and three particular businesses are most vulnerable, according to ratings agency Fitch.
10.03 / 22:17
Fitch Moodys Pimco faces potential losses over exposure to more than $1 billion in Russian debt
Pimco's billion-dollar exposure to Russian debt came under pressure as the country, which invaded its neighbor Ukraine causing international outrage, faces risk of a sovereign default.
07.03 / 07:59
Align Fitch Moodys MSCI Stephen Roach says Russian default would hit emerging markets — and China
Economist Stephen Roach warned effects from any default on Russia's sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China.
11.02 / 02:27
BTC Gap Fitch Bitcoin Fitch downgrades El Salvador’s long-term IDR to ‘CCC’ from ‘B-‘
El Salvador, the first country to legalize Bitcoin as a currency has maintained undeterred relations with Bitcoin. Over the years, the country has faced a countless number of critics for holding and acquiring BTC. In fact, the country’s finance ministerAlejandro Zelaya planned to issue its first “bitcoin bond” in March. Reportedly, the bond is “totally ready” for issuance between 15-20 March..
10.02 / 13:03
Digital Strategy Fitch Bitcoin El Salvador to Elevate Bitcoin Status by Issuing Bonds
El Salvador is planning to issue its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.
01.02 / 21:05
COST Provident Digital Fitch South East Asian banks venturing into crypto face heightened risks, warns Fitch
After a year of enthusiastic ventures and acceptance regarding cryptocurrencies, banks in South East Asia might be in for a hard time going forward, analysts at top financial institutions have warned.
26.01 / 00:31
Cooper Fitch Russia might undo its mining ban decision, but Fitch Ratings point at other concerns
Soon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point otherwise.
10.12 / 11:03
COST Target Fitch Cost-cutting and bumper revenues help EU banks beat 2021 targets
Tighter cost control, coupled with booming revenues, will help large European banks beat their 2021 targets, but Fitch is warning that major lenders may face a tougher test next year.
05.11 / 05:41
Fallout Fitch Chinese real estate developer Kaisa halts trading in Hong Kong, as debt concerns escalate
Hong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week.

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