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Sovereign defaults jump to record high amid rate hikes, Russia's war on Ukraine, and Covid, Fitch...
Business Insider via Yahoo Finance· 1 year agoArmored vehicle is seen as Russia-Ukraine war continues in Chasiv Yar, Bakhmut, Donetsk Oblast,...
EMERGING MARKETS-EM assets down on recession fears; Sri Lankan bonds fall as president resigns
Reuters via Yahoo Finance· 2 years ago* China stocks fall on COVID flare-up, tech weakness * Turkish lira declines as Fitch cuts rating deeper into junk territory * Mexican peso slips on Moody's downgrade By Anisha Sircar July 11 ...
EMERGING MARKETS-Stocks edge up ahead of US CPI; Sri Lankan stocks steady after budget
Reuters via Yahoo Finance· 7 months agoMost emerging markets stocks edged up on Monday ahead of a keenly anticipated consumer price index reading out of the U.S., while Sri Lanka's stocks and rupee were steady after the government ...
Global creditors quiz ratings agencies over debt relief to the poorest
Reuters via Yahoo Finance· 4 months agoGlobal creditors and Moody's, Fitch and S&P Global Ratings met on Wednesday to discuss ratings...
Looming Debt Crunch Positions Laos as Next Possible Asia Default
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Laos, with dwindling cash reserves and surging inflation, is facing some of the same...
UPDATE 1-More small emerging market defaults 'probable' in 2023 - Fitch
Reuters via Yahoo Finance· 2 years agoMore sovereign defaults are "probable" next year among small emerging market countries, ratings agency Fitch said in its 2023 outlook on Monday, citing a likelihood of sudden jumps in borrowing ...
Sub-Saharan Africa's debt pressures to continue to rise - Fitch
Reuters via Yahoo Finance· 1 year agoThe external debt service burden in Sub-Saharan Africa will continue to climb in the coming years, ratings agency Fitch said on Wednesday, as the pressures of rising global interest rates mount ...
Political Strife Threatens Even Bigger Losses in Pakistan Assets
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- The specter of political uncertainty delaying the International Monetary Fund’s...
EMERGING MARKETS-Stocks at one-month low; Turkey, South Africa rate decisions on tap
Reuters via Yahoo Finance· 1 year ago* South Africa likely to hike interest rates * Turkey cenbank expected to hold rates * Sino-U.S. disputes knock down China, Hong Kong stocks * EM stocks fall for third straight day By Amruta ...
Debt crunch looms for weaker economies with a wall of bond maturities ahead
Reuters via Yahoo Finance· 1 year agoWASHINGTON (Reuters) -A combination of sticky high interest rates and lacklustre global growth could...
