Latest news and articles about credit rating from NEX English
Fitch Ratings has upgraded Ghana's long-term foreign currency issuer default rating from 'B-' to 'B' with a positive outlook. This adjustment reflects Ghana's success in overcoming its financial crisis and restoring sustainable growth.
New York City is facing increasing financial pressures that could negatively impact its credit rating, as the likelihood of significant tax increases on individuals and businesses diminishes. This situation arises at a critical time when officials are striving to address the growing financial deficit.
Fitch Ratings has confirmed Abu Dhabi's credit rating at 'AA' with a stable outlook, reflecting the strength and stability of the local economy. This announcement comes at a time when the emirate is witnessing significant growth across various sectors.
Fitch Ratings has assigned a stable outlook to Abu Dhabi, reflecting the strength of its local economy and its ability to face challenges. This decision comes as the emirate seeks to enhance investments and diversify its income sources.
S&P Global has reaffirmed Qatar's sovereign ratings at <strong>AA/A-1+</strong>, highlighting that the country's substantial financial assets will mitigate the impact of the U.S.-Israeli war on Iran. The agency expects these assets to cushion the negative effects of the ongoing conflict.
Standard & Poor's has maintained its sovereign ratings for Qatar at 'AA/A-1+', anticipating that large financial assets will help mitigate the impacts of the ongoing regional dispute. Despite facing economic challenges, Qatar's financial reserves are expected to bolster its resilience.
Moody's Investors Service has revised its outlook on Columbia University to negative, reflecting increasing risks associated with the federal higher education environment. This decision comes amid growing debate over the role of universities in American society.
Romanian Finance Minister Marcel Bolos has warned that ongoing political unrest could lead to increased financing costs, threatening the country's investment credit rating. This warning comes amid rising political instability.
Moody's Investors Service has upgraded its sovereign credit rating outlook for China from 'negative' to 'stable', reflecting confidence in the world's second-largest economy. This decision comes as global markets face significant pressures from the repercussions of the U.S.-Israeli war in Iran.
S&P Global Ratings has downgraded Finland's debt outlook from stable to negative due to rising public debt levels. This warning comes as Finland faces increasing economic challenges that may impact its financial stability.
Moody's has upgraded Ghana's credit outlook to 'Positive' due to notable improvements in the country's financial situation. This comes as Ghana gradually recovers from a severe economic crisis.
S&P Global Ratings has downgraded New Orleans' credit rating by one point, highlighting the city's struggle with one of the worst financial crises in its recent history. This decision comes at a critical time as the city seeks to address the repercussions of this crisis.
The United Arab Emirates has successfully maintained a strong credit rating with a stable outlook, despite surrounding regional tensions and conflicts. This achievement reflects the resilience of the UAE's economy and its ability to face challenges.
The global credit rating agency announced that the United Arab Emirates has retained its Aa2 credit rating with a stable outlook, reflecting global confidence in its economy. This comes at a time when the UAE economy is experiencing notable growth despite global challenges.
Credit rating agencies have announced that the United Arab Emirates has maintained a strong credit rating with a stable outlook, reflecting the strength and stability of its national economy. This comes at a time of significant global economic fluctuations.
The UAE Ministry of Finance announced that Moody's has confirmed the country's credit rating at <strong>Aa2</strong> with a stable outlook. This decision reflects global confidence in the stability of the UAE economy despite geopolitical challenges.
Despite the repercussions of the US-Israeli war on Iran, Moody's has affirmed Egypt's credit rating at <strong>Caa1</strong> with a positive outlook, highlighting the government's commitment to economic reforms.
S&P Global Ratings has downgraded British Columbia's credit rating for the fifth time since 2021, raising concerns about the financial situation in the Canadian province. This downgrade follows a series of economic challenges faced by the region.
Fitch Ratings has announced it will maintain a negative outlook on Israel's credit rating, citing expectations of increasing financial deficits in the country. This comes at a time when Israel faces mounting economic challenges.
Fitch Ratings confirmed Israel's long-term credit rating at 'A' with a negative outlook, citing financial risks from rising public debt and ongoing conflict. The agency warns that these factors could weaken the country's financial trajectory.
Fitch Ratings has indicated that Argentina's path to a credit rating upgrade heavily relies on a sustainable increase in foreign currency reserves. This comes as the country grapples with significant economic challenges.
The Thai government has announced the cancellation of comprehensive fuel subsidies, a significant move aimed at improving the country's financial situation. This decision comes as Thailand faces increasing economic pressures, potentially impacting local consumption and inflation rates.
Egan-Jones, a credit rating agency, aims to regain its ability to evaluate government debt and asset-backed securities after a decade-long ban. However, the U.S. Securities and Exchange Commission expresses skepticism about this move.
Moody's has downgraded a private credit fund managed by KKR and Future Standard to junk status due to rising defaulted loans and weak profits. This decision comes as investors rush to withdraw their funds from major investment vehicles.