China’s auto sector profitability under near-term pressure: Fitch
Chinese automakers’ earnings are set to be hit in second quarter of 2022 by lost sales and low plant utilisation amid strict Covid-19 restrictions, rising...
Fitch Ratings
Fitch affirms Pakistan at B- with stable outlook
Rating agency says APAC sovereigns to make headway on policy normalisation in 2022 HONG KONG: Fitch Ratings has affirmed Pakistan’s long-term foreign-currency issuer default rating...
Global auto conditions to improve in 2022: Fitch
CHICAGO: Global auto industry conditions could potentially improve in 2022, with demand recovering further and supply chain challenges gradually easing, said Fitch Ratings. According to...
Reforms and financial support ease Pakistan sovereign risks: Fitch
HONG KONG: Fitch Ratings believes Pakistan’s recent policy adjustments and demonstrated access to external financing, as well as its commitment to a market-determined exchange rate,...
Fitch downgrades China’s Evergrande, subsidiaries on default concerns
The agency cut the rating of Evergrande to C from CC over non-payment of $300 billion debt, ratings also applied to its subsidiaries Hengda Real...