Credit ratings
Fitch Ratings has affirmed the fund credit quality ratings and market risk sensitivity ratings of BMCI Treso Plus and InstiObligations Etat International at 'BB+f'/'S2' and 'BB+f'/'S4', respectively. The ratings reflect the funds' credit quality being in line
Credit ratings
The market's response to Moody's downgrade of the US credit rating was a mix of initial tremors and a bounce-back, highlighting market vulnerabilities. The S&P 500 dipped by 1% initially but ended the day slightly up. Bond yields fluctuated, with the 30-year bond yield
Credit ratings
Global markets were volatile following the news of a US credit rating downgrade by Moody's, which cited growing debt concerns. The S&P 500 index lost 0.2% by lunchtime in New York, while Asian equities fell after weak Chinese economic data. The Stoxx Europe 600 index,
Credit ratings
AM Best, a global credit rating agency, has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a+" (Excellent) of Ping An Property & Casualty Insurance Company of China, Ltd (Ping An P&C). The ratings reflect Ping An P&
Credit ratings
Ping An Property and Casualty Insurance Company of China Ltd, one of the largest property and casualty insurers in China, has maintained its robust financial foundation and strong operational performance, according to global credit rating agency AM Best. The company's financial strength rating of A (Excellent) and long-term
Credit ratings
Investors in South Korea became increasingly cautious on Monday as the global credit rating agency Moody's downgraded the United States' credit rating. The move led to a significant decline in the local currency against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost
Credit ratings
The US has suffered a major blow with Moody's downgrading its credit rating from 'AAA' to 'Aa1' due to its rising debt level and widening budget deficit. This move reflects the country's decades-long trend of increasing government debt and interest payment ratios,
Credit ratings
The US government's deepening financial woes have sparked market unease, with the loss of its last triple-A credit rating and rising long-term borrowing costs. Moody's credit rating agency downgraded the US from top-notch to AA1, citing a failure to address large annual fiscal deficits and growing
Credit ratings
As the Republicans' One, Big, Beautiful Bill inches closer to passage in Congress, Moody's has cut America's credit rating, from AAA to Aa1, citing concerns over the country's persistently large fiscal deficits. This downgrade comes as the US government's debt balloons
Credit ratings
Moody's Investors Service's downgrade of the United States' long-term credit ratings from Aaa to Aa1 on May 16, 2025, has sparked concern among global financial markets. The move, part of a broader trend where the US has lost its pristine triple-A rating from all major
Credit ratings
KGI Securities, the second-largest integrated securities firm in Taiwan, has had its ratings placed on Rating Watch Negative (RWN) by Fitch Ratings, Inc. The move follows the placement of KGI Life Insurance Co., Ltd. on RWN, which is the largest subsidiary by assets of KGI Securities' parent company, KGI
Credit ratings
US stocks closed higher on Monday despite a negative outlook from Moody's and a decline in consumer confidence, according to the Conference Board's leading economic index, which tumbled by 1.0% in April. The Moody's downgrade of the US credit rating to Aa1 from
