Japan to downgrade COVID-19 classification on May 8

Jan 27, 2023

Prime Minister Fumio Kishida, along with health minister Kato Katsunobu and other Cabinet members in a meeting of the government's task force made the...

Moody's places IndusInd bank credit assessment on review for downgrade

Mar 18, 2025

The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 per cent since the Reserve...

Faced with 'darkening' outlook, IMF set to downgrade global growth

Jul 14, 2022

New Delhi [India], July 14 : Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth...

Fitch Ratings readies ratings for Citibank's CCCIT Citiseries 2023-A1

Jan 08, 2024

According to Fitch Ratings, these transactions involve the securitization of receivables from a pool of revolving credit card accounts originated by Citibank, N.A. The...

Xi Jinping's zero-Covid policy likely to downgrade global economic growth

Oct 20, 2022

Beijing [China], October 20 : Xi Jinping's strict zero-Covid policy has resulted in an economic slump not only in China but also in the...

Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating

Jul 30, 2022

Islamabad [Pakistan], July 30 : Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies...