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Not anymore. This month, Lin moved half her 800,000 yuan ($127,000) savings into a 95-day investment product offered by the bank that guarantees the principal and pays 5.5 percent annualized returns -- 1 percentage point higher than the inflation rate. L
Foreclosures rose 8
A picture taken on September 7, 2011 shows debris lying on the ground in from of a badly quake-damaged building in Christchurch during a tour given to foreign journalists visiting the city ahead of the 2011 Rugby World Cup. Standard & Poor's and Fitch... View Photo »
Fitch Ratings says it has a negative outlook for the Indian real estate sector in 2012 due to weak overall demand and higher construction costs, which are likely to continue to squeeze margins
(The following was released by the rating agency) JAKARTA/TAIPEI/SINGAPORE, February 15 (Fitch) Fitch Ratings has affirmed PT BCA Finance's (BCAF) ratings at National Long-Term 'AA+(idn)' with Stable Outlook and National Short-Term 'F1+(idn)'. Fitch has
(The following was released by the rating agency) SYDNEY, February 15 (Fitch) Fitch Ratings has assigned Westpac Banking Corporation's (WBC, 'AA'/RWN/'F1+') Series 2012-C5 EUR1.75bn residential mortgage covered bonds a 'AAA' rating. The hard bullet bonds
Greek President Karolos Papoulias slammed Germany’s finance minister for recent comments about his country as stalled bailout talks stoked tensions between Greece and the northern European countries funding its rescue. “I don’t accept insults to my count
Belgian chocolatier Thierry Detournay smiles next to his stand of. Monggo Chocolate in Yogyakarta December 19, 2011. Arriving in Indonesia just a little over a decade ago, Detournay was dismayed at the lack of quality chocolate on offer in the world's... View Photo »
is no longer going ahead with the sukuk issuance due to adverse developments in international markets. In this context, Fitch Ratings has withdrawn its B+ rating for the proposed issuance.
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has placed the ratings of Kellogg Company (Kellogg) and its subsidiaries, as indicated below, on Rating Watch Negative following Kellogg's agreement to acquire Procter & Gamble's (P&G) Pringles business for $2.695
Standard & Poor’s, one of three agencies that rates the credit of Gainesville Regional Utilities, affirmed GRU’s AA bond rating in an annual review released this week. S&P and the other two agencies, Fitch Ratings and Moody’s, have viewed GRU’s debt posi
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This photo shows 1 State Street Plaza, home of Fitch Ratings, Sunday, Oct. 9, 2011 in New York.
View Photo »The Fitch Ratings building is seen in New York in this May 7, 2010 file photograph. Fitch Ratings on August 16, 2011 confirmed the United States' top-notch credit rating and, in blatant disagreement with rival Standard & Poor's, gave a vote of confidence to Washington's...
View Photo »Building at One State Street in the Financial District where the rating agency Fitch Ratings is located August 8, 2011 in New York. US stocks dropped sharply on Monday, while Treasury bond prices actually rose in the wake of Standard & Poor's unprecedented downgrade of the United...
View Photo »Belgian chocolatier Thierry Detournay smiles next to his stand of. Monggo Chocolate in Yogyakarta December 19, 2011. Arriving in Indonesia just a little over a decade ago, Detournay was dismayed at the lack of quality chocolate on offer in the world's third-largest cocoa producer. But...
View Photo »People demonstrate in central Madrid on December 17, 2011 against education spending cuts. Fitch Ratings cast doubt the day before on the budget discipline pact European states intend to adopt being able to solve the eurozone debt crisis, and warned it may soon downgrade six countries,...
View Photo »Workers walk at the construction site of a superblock in Jakarta December 16, 2011. Indonesia on Thursday recovered its coveted investment grade status from Fitch Ratings, the first of the three major ratings agencies poised to give the emerging economy a lift. The move crowns nearly a...
View Photo »Workers install a steel structure for a building's pillars at a superblock in Jakarta December 16, 2011. Indonesia on Thursday recovered its coveted investment grade status from Fitch Ratings, the first of the three major ratings agencies poised to give the emerging economy a lift. The...
View Photo »Indonesian President Susilo Bambang Yudhoyono speaks to reporters at the presidential office in Jakarta December 16, 2011. Yudhoyono pledged on Friday to guard reforms following Fitch Ratings move to upgrade the Southeast Asia's top economiy to investment grade rating.
View Photo »Flemish Minister of Domestic Policy, Integration and Tourism, Geert Bourgeois (L), Flemish Minister-President Kris Peeters (C) and Flemish Minister of Media, Research and Innovation, Poverty, Ingrid Lieten (R) speak to the press after a meeting concerning the 'Holding Communal', the...
View Photo »Flemish Minister-President Kris Peeters speaks to the press after a meeting concerning the 'Holding Communal', the financial institution which facilitates regional public spending, at the Prime Minister's office in Brussels, on October 14, 2011. The 'Holding Communal' is the principal...
View Photo »Josef Ackermann, CEO of Germany's largest business bank Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt in this February 5, 2009 file picture. Fitch Ratings has downgraded its long-term issuer default rating of UBS to 'A' and put several other...
View Photo »Containers are stacked at the port of Auckland September 30, 2011. Fitch Ratings on Thursday downgraded New Zealand by one notch, expressing concern about its growing external debt in a volatile global economy. Fitch cut New Zealand's credit rating to AA from AA-plus, forecasting its...
View Photo »Shelly Shetty, Senior Director of Latin American Sovereign Ratings at Fitch Ratings, speaks to reporters during the Reuters Latam Summit in New York March 30, 2011.
View Photo »David Beers, Managing Director of Standard & Poor's sovereign and international public finance ratings group, listens to reporters during a Reuters Investment Outlook Summit in London, in this June 9, 2010 file photo. Behind all too many of market moves in government debt of late has...
View Photo »A Moody's sign on the 7 World Trade Center tower is photographed in New York August 2, 2011. Behind all too many of market moves in government debt of late has been a report from one of the major credit ratings agencies. Standard & Poor's is the biggest and arguably the most...
View Photo »The Acropolis hill with the ancient temple of the Parthenon is seen illuminated in Athens July 22, 2011. Fitch Ratings will declare Greece in restricted default on its debt due to the steps taken in a new euro zone rescue package but will likely assign new ratings of a low speculative...
View Photo »Greece's Prime Minister George Papandreou (L) shakes hands with President Karolos Papoulias during their meeting in Athens July 22, 2011. Fitch Ratings will declare Greece in restricted default on its debt due to the steps taken in a new euro zone rescue package but will likely assign...
View Photo »This photo shows 1 State Street Plaza, home of Fitch Ratings, Sunday, Oct. 9, 2011 in New York.
View Photo »Fitch Ratings says it has a negative outlook for the Indian real estate sector in 2012 due to weak overall demand and higher construction costs, which are likely to continue to squeeze margins
is no longer going ahead with the sukuk issuance due to adverse developments in international markets. In this context, Fitch Ratings has withdrawn its B+ rating for the proposed issuance.
Fitch Ratings has assigned India's Vedanta Aluminium Ltd (VAL) a national long-term rating of 'A-(ind)'. The outlook is stable
It competes against ratings behemoths Moody's, Standard & Poor's and Fitch Ratings but has just five analysts and 14,000 ratings, a miniscule size compared to the over half million corporate ratings that earn its competitors billions in sales. If they are proved wrong about Jefferies, it could be a knoc...
The addition of credit ratings to EMMA contributes another key element to a single site that empowers individual investors to make informed decisions ... We applaud the participation of Fitch Ratings and S&P, and their support of the MSRB’s goal to provide municipal market transparency.
Fitch Ratings has affirmed Jammu and Kashmir Bank Ltd’s national long-term rating at ‘AA (ind)’ with a stable outlook
