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Fitch

Business

Japan: credit rating downgraded

Fitch Ratings have downgraded Japan’s credit rating by one notch to A, which is five notches below the top AAA rating. The move comes after the

Fitch Ratings have downgraded Japan’s credit rating by one notch to A, which is five notches below the top AAA rating. The move comes after the

Business

Fears for Russian bonds

Russia’s credit rating looks set to tumble into junk for the first time in more than a decade. It’s a move that would exclude its bonds from a couple

Russia’s credit rating looks set to tumble into junk for the first time in more than a decade. It’s a move that would exclude its bonds from a couple

Business

Spain and Greece get credit rating agency upgrades

Spain’s improving economy has earned it a widely-expected upgrade from Standard and Poor’s. Madrid’s credit rating was raised one notch to BBB from

Spain’s improving economy has earned it a widely-expected upgrade from Standard and Poor’s. Madrid’s credit rating was raised one notch to BBB from

News

Greece's credit rating upgraded for first time since bailout

Greece’s credit rating was upgraded on Friday for the first time since its multi-billion euro bailout. Global rating agency Fitch said Greece was

Greece’s credit rating was upgraded on Friday for the first time since its multi-billion euro bailout. Global rating agency Fitch said Greece was

Business

Fitch raises Italy's rating outlook to stable

Good news for Italy from the rating agency Fitch. It has confirmed Rome’s sovereign debt rating at BBB+ but raised its outlook to stable from

Good news for Italy from the rating agency Fitch. It has confirmed Rome’s sovereign debt rating at BBB+ but raised its outlook to stable from

Business

Fitch raises outlook on Portugal's debt rating

More good news for Portugal as it moves closer to ending its need to be in a bailout programme. The Fitch rating agency has raised its outlook on

More good news for Portugal as it moves closer to ending its need to be in a bailout programme. The Fitch rating agency has raised its outlook on

Business

Kyiv tries to dampen currency fear as Fitch downgrades Ukraine

Ukraine’s central bank has imposed currency controls to try to prop up the hryvnia. It has limited private transfers of dollars out of the

Ukraine’s central bank has imposed currency controls to try to prop up the hryvnia. It has limited private transfers of dollars out of the

Business

Fitch strips France of AAA status

France has been stripped of its last triple-A credit rating by the agency Fitch. The country’s uncertain debt outlook, lack of growth and the ongoing

France has been stripped of its last triple-A credit rating by the agency Fitch. The country’s uncertain debt outlook, lack of growth and the ongoing

Business

Slovenia's shaky banks bring a downgrade from Fitch

It was not unexpected – late on Friday the Fitch ratings agency downgraded Slovenia’s long-term foreign currency rating to BBB + from A minus. It

It was not unexpected – late on Friday the Fitch ratings agency downgraded Slovenia’s long-term foreign currency rating to BBB + from A minus. It

Business

Fitch upgrades Greece's credit rating

Ratings agency Fitch upgraded its sovereign credit rating for Greece by one notch on Tuesday, citing progress in cutting its budget deficit and the

Ratings agency Fitch upgraded its sovereign credit rating for Greece by one notch on Tuesday, citing progress in cutting its budget deficit and the

Business

UK stripped of AAA rating by Fitch

Britain’s credit standing has suffered a further blow after Fitch became the second international agency to strip the country of its

Britain’s credit standing has suffered a further blow after Fitch became the second international agency to strip the country of its

Business

Fitch warns UK on AAA rating

Ratings agency Fitch has placed Britain’s AAA rating on ‘negative’ watch two days after finance minister George Osborne delivered a budget speech in

Ratings agency Fitch has placed Britain’s AAA rating on ‘negative’ watch two days after finance minister George Osborne delivered a budget speech in

Business

Fitch to review credit rating for France

Credit rating agency Fitch has said it will review its triple-A rating on France next year. The agency which is French owned is the only one to

Credit rating agency Fitch has said it will review its triple-A rating on France next year. The agency which is French owned is the only one to

News

Ratings agencies may face probe in Italy

Ratings agency Fitch has warned it may reconsider its presence in Italy following news of an investigation into the alleged leaking of information

Ratings agency Fitch has warned it may reconsider its presence in Italy following news of an investigation into the alleged leaking of information

Business

Turkey upgraded to investment grade by Fitch

Fitch has upgraded the credit rating of Turkey in a move that Ankara says will boost growth. The bump up to investment grade – for the first time

Fitch has upgraded the credit rating of Turkey in a move that Ankara says will boost growth. The bump up to investment grade – for the first time

Business

Sharp's credit downgraded as loss worries mount

Japanese electronics giant Sharp saw its shares fall further on Friday after it warned of a huge loss for the year and said it might not be able to

Japanese electronics giant Sharp saw its shares fall further on Friday after it warned of a huge loss for the year and said it might not be able to

News

New man at Bank of Spain has to deal with downgrade

The Spanish government has announced a new technocrat governor of the central bank who enjoys cross-party support. Luis Maria Linde was appointed

The Spanish government has announced a new technocrat governor of the central bank who enjoys cross-party support. Luis Maria Linde was appointed

News

Spanish debt downgraded to BBB

A leaked IMF report due to be published next week says Spain’s banks will need a cash injection of at least 40 billion euros. Thursday ended with

A leaked IMF report due to be published next week says Spain’s banks will need a cash injection of at least 40 billion euros. Thursday ended with

Business

Fitch: Sukhoi crash 'to hit orders'

The crash of a Sukhoi Superjet 100 while on a demonstrator flight in Indonesia has dealt a major blow to Russia’s attempts to build up its civil

The crash of a Sukhoi Superjet 100 while on a demonstrator flight in Indonesia has dealt a major blow to Russia’s attempts to build up its civil

Business

UK's AAA in danger warns Fitch

Fitch ratings agency has revised its outlook on UK debt down, warning the country that it now has a better than one-in-two chance of losing its

Fitch ratings agency has revised its outlook on UK debt down, warning the country that it now has a better than one-in-two chance of losing its

Business

Greek debt rating status upgraded

The credit agency Fitch has upgraded Greece to B-minus with what it called a “stable outlook.” It is the first of the agencies to make the widely

The credit agency Fitch has upgraded Greece to B-minus with what it called a “stable outlook.” It is the first of the agencies to make the widely

Business

Greek bond swap bring new downgrade

Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile

Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile

News

Ratings agency warns six euro zone countries

Italian Prime Minister Mario Monti said his country must appear ‘united and credible before the markets’ after winning approval for a 30 billion euro

Italian Prime Minister Mario Monti said his country must appear ‘united and credible before the markets’ after winning approval for a 30 billion euro

Business

Fitch downgrades top banks

The rating agency Fitch has downgraded a total of seven major banks on both sides of the Atlantic. In Europe the effected lenders are BNP Paribas

The rating agency Fitch has downgraded a total of seven major banks on both sides of the Atlantic. In Europe the effected lenders are BNP Paribas

Business

Italy already in recession, says Fitch

The efforts of Italy’s new administration to turn around the economy may have come too late to save it from recession, according to ratings agency

The efforts of Italy’s new administration to turn around the economy may have come too late to save it from recession, according to ratings agency