Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...
Tags: auto market, SUVs
China's steel production capacity is likely to peak in 2016 as capacity is eliminated, gradually outpacing additions, Fitch Ratings has predicted. The rating agency expects China's steel production capacity to increase to about 1.17 ...
Tags: steel production, Steel
Global credit-rating agency Fitch has projected Bangladesh's economic outlook as stable for the current year also, but with a footnote that political and banking-sector risks remained on the flip side, a leading Bangladeshi newspaper has ...
Tags: Fitch, economic outlook
Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
PRINCE RUPERT, BC — Container ships from China, bound for the U.S., are diverting through Canadian ports to avoid delays from a looming strike at U.S. West Coast ports. According to Bloomberg, Prince Rupert and Vancouver ports have ...
Tags: Container Ships, Canadian Ports, Auto Parts
International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...
Tags: Fitch Ratings, BBB, Energy
International credit rating agency Fitch Ratings has affirmed Brazil steelmaker Gerdau’s rating at BBB-, with a stable perspective, it said recently. The rating is based on Gerdau’s “position as the leading ...
Tags: Brazil, Fitch Ratings, Metallurgy, Mineral
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that Fitch Ratings has upgraded the company's long-term Issuer Default Rating (IDR) from ‘BB-' to ‘BB' with a stable ...
Tags: iron ore, briquetted iron
International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook
Related sony Sony Pictures Closes Tech Unit,Cookson Departs sony Sony Readies Media-Oriented Smartphones sony Sony's Hirai Talks Wow Factor sony Sony To Expand High-Resolution Audio To More Products New York–Moody's Investor ...
Tags: Sony Pictures, Sony, Sony Electronics
China's economic reform is one of the key issues that will impact sovereign ratings and growth prospects of developing Asian economies this year, according to a global credit rating agency. In its latest reports "2014 Outlook: Emerging ...
Tags: Sovereign Rating, economic reforms
Among the main trading partners of the Philippines, China posted the fastest growth in importing Philippine merchandise in November last year, although it remained as the country's third largest export market, after Japan and the United ...
Tags: Philippine Exports, export market
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral