Economic growth
China's economic performance in the first half of this year has been marked by stability and progress, according to recent data and assessments from international organizations. S&P Global Ratings has maintained China's sovereign credit rating at "A+" with a "stable"
Banks (Finance)
In Zimbabwe, millions of farmers, traders, and small-scale entrepreneurs in rural areas and small towns struggle to access affordable finance due to the 'thin-file' problem, where there is a lack of recorded data to assess their creditworthiness. However, despite the lack of formal credit records, the rural economy
Economic growth
As the world grapples with economic uncertainties, British Columbia's fiscal trajectory has taken a sharp turn for the worse, leaving the province's finances on a precarious path. The dollar value of the province's debt is projected to more than double over a half-decade, rising
Financial services
S&P Global Ratings has upgraded India's sovereign credit rating to 'BBB' with a stable outlook, citing robust economic growth, political commitment for fiscal consolidation, and 'conducive' monetary policy to check inflation. The upgrade comes after a gap of almost 19 years, with
Economic growth
The credit rating agency, S&P Global, has upgraded India's sovereign credit ratings from 'BBB-' to 'BBB' with a stable outlook, citing the country's resilient economic growth and potential to manage the effects of US tariffs. This move comes amidst US
Economic growth
Trade tensions and uncertainty in the wake of new US tariffs are likely to slow economic growth and disrupt supply chains in the Asia-Pacific region, despite banks having the capital and liquidity to absorb losses. The region's exports to the US are significant, and ongoing trade tensions will
Financial services
India's sovereign credit ratings have been upgraded by Standard & Poor's (S&P) to 'BBB' from 'BBB-' in the long-term and to 'A-2' from 'A-3' in the short-term. This upgrade is driven by the country's
Financial services
Contrary to US President Donald Trump's criticism of India's economy as "dead," S&P Global Ratings has upgraded India's long-term sovereign credit rating from 'BBB-' to 'BBB.' This is a significant milestone, marking the first upgrade in
Economic growth
S&P Global Ratings has upgraded India's sovereign credit rating to 'BBB' from 'BBB-', citing strong economic growth, sustained fiscal consolidation, and robust infrastructure investment. The upgrade reflects India's stable economic fundamentals, with average real GDP growth of 8.8% over
Financial services
Pakistan's credit rating was upgraded to 'Caa1' from 'Caa2' by Moody's, citing improvements in the country's external position and progress on reforms under the IMF program. The agency said foreign exchange reserves are likely to continue to improve, although Pakistan
Economic growth
India's credit rating has been upgraded to BBB from BBB- by S&P Global Ratings, reflecting the country's stronger economic fundamentals and buoyant growth prospects. Despite the US President Donald Trump administration's 50 percent tariff shock, S&P believes that India'
Financial services
Tidlor Holdings has announced strong, quality-driven growth for the second quarter of 2025, driven by the expansion of its low-risk insurance brokerage business and effective cost and credit quality management in its lending operations. Miss Cholthicha Thongthai, Chief Financial Officer (CFO), reported a net profit of 1,304.4 million
