As Chinese provinces slash revenue outlook, analysts warn of debt control
Fiscal strains are forcing Chinese provinces to slash their budget-revenue expectations for 2026 due to the knock-on effects…
Fitch upgrades Türkiye outlook to positive, keeps BB- rating
Fitch Ratings on Friday raised Türkiye’s outlook to positive from stable while maintaining its long-term foreign-currency credit rating…
Property industry remains an enemy within for Beijing’s economic targets
The slumbering property sector remains a threat to China’s economic growth because of its huge impact on the…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…
US corporate defaults on private debt rose in Q2, Fitch says
By Matt Tracy (Reuters) -U.S. corporate issuers defaulted on privately placed debt at a higher rate in the…
China’s property slump may be bottoming, as analysts point to hopeful signs of recovery
China’s slumping property market may finally be reaching a bottom, as credit has resumed flowing to developers while…