The Latest Breaking News from Fitch

NEW DELHI: Fitch Ratings on Tuesday retained India's economic growth forecast at 7 per cent for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments.

Financial specialists attributed features of liquidity scarcity in the Saudi financial and banking sector to the effects of raising interest rates and increasing the Saudi Interbank Offered Rate, or Saibor, along with the emergence of attractive investment opportunities. According to specialists, the interest rates rose in parallel with the decline…

Chicago won its first upgrade from Fitch Ratings Inc. in more than a decade, a sign that the Windy City is finally starting to turn its beleaguered finances around.

Fitch Ratings expects higher earnings in the Thai banking sector, in line with the country's economic recovery, with loan-loss reserves in the industry having peaked.

Chancellor’s plan could lead to a ‘significant increase in fiscal deficits over the medium term’, ratings agency warms

UK central bank says failure to act could have wiped out the value of a large number of funds held by pension companies

Lack of independent forecasts at mini-budget and clash with Bank of England’s inflation strategy prompts cut

Average mortgage rates hit 12 year high, as ratings agency Fitch lowers outlook on UK debt to “negative” from “stable”

Australian lithium, copper and nickel stocks are surging after an upbeat report on world demand for the vital ingredients in green energy and electric vehicles.