Fitch cuts 2023 global growth forecast to 1.4% on high inflation
London—World GDP forecasts for 2023 have been revised down again as central banks intensify their fight against inflation and the ...
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Fitch affirms PH’s investment-grade rating of ‘BBB’ with negative outlook
Debt watcher Fitch Ratings on Thursday affirmed the Philippines’ investment grade score of ‘BBB’ with a negative outlook, saying real ...
Read moreFitch downgrades Russia oil, gas firms on default risk
PARIS, France—Credit rater Fitch Saturday downgraded 28 Russian natural resources companies including state gas giant Gazprom, warning they risk defaulting ...
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PH seen keeping investment grade despite rising debt
Bangko Sentral ng Pilipinas Governor Benjamin Diokno expressed optimism the Philippines will maintain its investment-grade scores from Fitch Ratings, Moody’s ...
Read moreFitch affirms ‘BBB’ credit rating of PH
Debt watcher Fitch Ratings affirmed the Philippines’ credit rating of “BBB,” which is a notch above minimum investment grade, with ...
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Citing high inflation, Fitch downgrades Turkey to ‘B+’
WASHINGTON, United States—Fitch Ratings on Friday downgraded Turkey’s debt from BB- to B+ with a negative outlook, citing high inflation ...
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PH current account likely to weaken
Fitch Solutions, a unit of Fitch Ratings, on Thursday warned the Philippines it could face challenges managing its current account ...
Read moreFitch Ratings lowers outlook for six banks
Fitch Ratings revised on Tuesday the outlook on the long-term issuer default rating of the country’s six biggest domestic banks ...
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‘Green shoots of recovery’
"Economic recovery has actually begun in the second quarter and it should continue in the succeeding months after last year’s ...
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Stocks up slightly on bargain hunting
Stocks bounced back Wednesday on bargain hunting after investors were spooked by the move of Fitch Ratings the other day ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.