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Tag: fitch ratings

NZ dollar slips as manufacturing softens – MarketPulse

The New Zealand dollar is down sharply on...

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Cookie Information and Piwik PRO merge to give European marketers more control over their online data (Sponsored) | EU-Startups

Cookie Information, a consent management platform vendor, and Piwik PRO, a digital analytics suite vendor, are merging. The deal is backed by Kirk Kapital,...

WeWork downgraded by Fitch as it forgoes interest payments

Fitch downgraded the commercial real estate firm from a CC to a C, meaning a default or “default-like” process has already begun. No one...

Growing Regulatory Concerns Push US Bank Stocks Downward

The stocks of US banks stumbled today (Tuesday) amidst fears of stricter regulations and possible additional downgrade of several lenders in the country. Specifically, the S&P 500...

Weekly Market Wrap: Bitcoin plunges under US$30,000 amid market turbulence. Is US$27,000 next? 

Bitcoin fell 0.26% from July 28 to Aug. 4 to US$29,136 as of 7:00 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by...

Fitch: DBS, OCBC, UOB to See Minimal Impact from Digital Banks’ Deposit Cap Raise – Fintech Singapore

Singapore’s digital banks have recently raised their deposit caps, but this move is not expected to significantly impact the profitability of local banks DBS,...

Fitch Ratings: EU Initiatives & Carbon Price. USD200/t by 2050

« … car rien ne se crée, ni dans les opérations de l'art, ni dans celles de la nature, et l'on peut poser en...

Fitch Ratings Report on EU Initiatives and Predictions for Carbon Price to Reach USD200/t by 2050.

Fitch Ratings, one of the world's leading credit rating agencies, recently released a report on the European Union's (EU) initiatives and predictions for carbon...

New warning signs emerge for China’s property market

Construction on a real estate development project gets underway near the Bund in Shanghai, China, on May 25, 2023.Future Publishing | Future Publishing |...

Weekly Market Wrap: Bitcoin weighed down by debt ceiling uncertainty

Bitcoin fell 1.40% from May 19 to May 26 to trade at US$26,451 at 7:00 p.m. Friday in Hong Kong. The world’s largest cryptocurrency...

Stress Builds as Office Building Owners and Lenders Haggle Over Debt

A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value...

Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update...

Hindenburg Research says Jack Dorsey’s fintech company facilitates fraud against “unbanked” customers; Block shares plunge

“Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping. The “magic” behind Block’s business...

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