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Nifty, Sensex close a percent in the red after last hour of comeback

Indian stock markets plunged in early morning trade following cues from Wall Street as rating agenc…

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Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Fitch downgraded the long-term outlook for the US from AAA to AA+ on Tuesday, pointing to "expected…

Phil Rosen   


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Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check

The oil-to-telecom-and-retail conglomerate's growth aspirations remain intact, it said, addin…

PTI   


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Fitch's downgrade of the US economy is 'strange' and 'bizarre,' top officials and analysts say

Treasury Secretary Janet Yellen led the charge, saying Fitch based its downgrade is "arbitrary and …

Huileng Tan   


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Fitch just downgraded US debt. Goldman Sachs says it's no big deal.

Fitch didn't change its economic forecasts and the downgrade doesn't reflect any new fiscal informa…

Phil Rosen   


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Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan

A Fitch analyst said another cut to the banking industry's operating environment score would put in…

Phil Rosen   


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US credit downgrade means junk sovereign bonds now outweigh AAA debt for the first time, Fitch says

AAA bonds no longer make up the largest nominal share of the sovereign market when measured by outs…

Filip De Mott   


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Jamie Dimon, Larry Summers blast Fitch's shock US downgrade as 'ridiculous' and 'bizarre and inept'

The ratings agency's decision to cut the US government's credit score sparked some furious reaction…

Zahra Tayeb   


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The January 6 riot factored into Fitch's shock US credit rating downgrade, report says

The ratings agency cited the insurrection as an example of political polarization, a senior directo…

George Glover   


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Fitch's negative outlook for China is more bad news for its stalling economy

Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…

George Glover   


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US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade

Fitch pointed to a deterioration of US governance and suspect management of fiscal and debt matters…

Phil Rosen   


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Fitch official confirms that January 6 Capitol riot was partially behind its controversial US downgrade

The Treasury Department and multiple economists have harshly criticized Fitch's decision to downgra…

Brent D. Griffiths   


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Fitch's US debt-rating downgrade is bad news for stocks. Here's everything you need to know.

The ratings agency cut the US's credit score late Tuesday, citing rising debts and an "erosion of g…

George Glover   


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US stocks extend sell-off as bond yields jump following Fitch downgrade of US credit rating

Investors are waiting for financials from Apple and Amazon, which are set to report earnings after …

Jennifer Sor   


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The US dollar and Treasurys remain global safe havens even after Fitch's debt downgrade, Goldman Sachs says

"Investors still need to turn to Treasuries when they need safety in a hurry. For similar reasons, …

Matthew Fox   


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Fitch downgrades US credit rating citing 'steady deterioration' of US governance amid frequent debt ceiling battles

The sudden downgrade comes after yet another tumultuous battle over the debt ceiling, which narrowl…

Brent D. Griffiths,Juliana Ka…   


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1 min read

First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg

First Republic has not made a decision but it is expected to attract interest from larger lenders i…

Huileng Tan   


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First Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure

First Republic faces an "elevated" risk of depositors running to reclaim their cash in the wake of …

Carla Mozée   


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El Salvador's bitcoin adoption and its crypto-loving President Nayib Bukele contribute to country's credit downgrade at Fitch

Fitch Ratings cut El Salvador's credit rating to CCC from B-, following a warning and downgrade fro…

Natasha Dailey   


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India pitches for a rating upgrade with Moody's, questions rating methodology

India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned…

PTI