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Malaysian Daily News

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Tag: Fitch

The Sun

Markets calm after Fitch downgrade, but investors see long-term worries

August 3, 2023 - by admin

NEW YORK: Even as markets on Wednesday (Aug 2) largely brushed off Fitch’s downgrade of US debt, investors said they expected long-term market unease about the country’s debt position, political …

Markets calm after Fitch downgrade, but investors see long-term worries Read More
The Sun

Fitch move ‘entirely unwarranted’ amid economy’s strength

August 3, 2023 - by admin

MCLEAN, Virginia: US Treasury Secretary Janet Yellen on Wednesday (Aug 2) voiced more complaints about Fitch Ratings’ downgrade of the main US credit rating, calling it “entirely unwarranted” because it …

Fitch move ‘entirely unwarranted’ amid economy’s strength Read More
The Sun

Wall Street eases, investors step back after Fitch US rating cut

August 2, 2023 - by admin

NEW YORK: Wall Street finished lower on Wednesday (Aug 2), with the S&P 500 and Nasdaq Composite down for a second straight day as investors took profits on five months …

Wall Street eases, investors step back after Fitch US rating cut Read More
The Star

Wall St set for lower open after Fitch downgrades top-tier US rating

August 2, 2023 - by admin

WALL Street was set to open lower on Wednesday after rating agency Fitch’s move to downgrade the U.S. government’s credit rating hit appetite for risky assets around the world. Fitch …

Wall St set for lower open after Fitch downgrades top-tier US rating Read More
The Star

Investors take profit as Fitch downgrades US debt rating

August 2, 2023 - by admin

KUALA LUMPUR: Bursa Malaysia investors took the opportunity to cash in following a report from Fitch ratings agency, which downgraded the US’ top-tier sovereign credit rating from AAA to AA+. …

Investors take profit as Fitch downgrades US debt rating Read More
The Sun

Fitch downgrades US credit rating a notch from AAA to AA+

August 2, 2023 - by admin

WASHINGTON/NEW YORK: Rating agency Fitch on Tuesday (Aug 1) downgraded the US government’s top credit rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years …

Fitch downgrades US credit rating a notch from AAA to AA+ Read More
The Sun

Fitch Solutions’ BMI upgrades Malaysia’s 2023 real GDP growth forecast

May 16, 2023 - by admin

PETALING JAYA: BMI, a Fitch Solutions company, has revised its forecast for Malaysia’s real gross domestic product (GDP) growth this year to 4.2% from 4.0% previously, attributed to the better-than-expected …

Fitch Solutions’ BMI upgrades Malaysia’s 2023 real GDP growth forecast Read More
The Star

Malaysia’s credit growth expected to ease slightly but banks remain stable – Fitch Solutions

April 17, 2023 - by admin

KUALA LUMPUR: Fitch Solutions Country Risk and Industry Research (Fitch Solutions) has maintained its forecast for credit growth in Malaysia to ease slightly to 4.3 per cent this year from …

Malaysia’s credit growth expected to ease slightly but banks remain stable – Fitch Solutions Read More
The Sun

Bullish factors bode well for Mr DIY expansion plans: Fitch Solutions

March 20, 2023 - by admin

PETALING JAYA: Housing market recovery and experiential spending are expected to support Mr D.I.Y. group’s (Mr DIY) expansion in Malaysia this year, Fitch Solutions Country Risk and Industry Research said. …

Bullish factors bode well for Mr DIY expansion plans: Fitch Solutions Read More
The Sun

Malaysian economy to grow 4% this year: Fitch Solutions

February 14, 2023 - by admin

PETALING JAYA: Malaysia’s economic growth is expected to slow to 4.0% this year from 8.7% in 2022, due to fading of base effects and pent-up demand, tighter credit conditions and …

Malaysian economy to grow 4% this year: Fitch Solutions Read More

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