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Fitch Ratings
Banking & finance
Majority of APAC digital banks face higher credit risks compared to incumbent competitors: Fitch Ratings
The Fitch Ratings analysts attribute this to their emphasis on underserved retail or unbanked market segments.
October 10, 2024
Broker's Calls
Fitch Ratings raises outlook on Cromwell European REIT to 'positive', affirms its default rating at 'BBB-'
This re-rating reflects the REIT’s significant progress in making logistics and light industrial properties the majority of its portfolio, says Fitch.
October 08, 2024
Broker's Calls
Fitch initiates ‘BBB-‘ rating on CapitaLand India Trust; outlook stable
Fitch forecasts CLINT’s revenue to come in at $283 million and $336 million in FY2024 and FY2025 respectively.
July 08, 2024
REITs
LMIRT’s rating downgraded to ‘C’ by Fitch
The trust’s senior unsecured notes due in 2024 and 2026 have also been downgraded to ‘C’.
January 26, 2024
Broker's Calls
Fitch: Singlife purchase to strengthen Sumitomo Life’s credit profile
Fitch Ratings believes the acquisition of SingLife by Suitomo Life to be a strengthening one by the Japanese company.
January 05, 2024
REITs
Fitch downgrades LMIRT’s rating to ‘C’
The downgrade comes after LMIRT announced that the tender offer for its senior unsecured notes due in 2024 and 2026 would proceed.
January 02, 2024
Tech
Fitch: Semiconductor only bright spot amid dimming Asia Pac tech sector
APAC's semiconductor sector likely to rebound in 2024 after low 2023, other tech sectors continues to slump, says Fitch.
November 29, 2023
US Economy
With Fitch's US credit rating downgrade, world's shrinking AAA debt options include Singapore, Norway
Fitch’s downgrade of the US sovereign follows the cut by S&P in 2011.
August 02, 2023
US Economy
US stripped of 'AAA' rating by Fitch as budget deficits swell
The credit grader cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.
August 02, 2023
REITs
Fitch downgrades LMIRT's rating to 'CCC-'
The downgrade reflects material delays in the refinancing of LMIRT's term loans due in Nov 2023 and Jan 2024.
April 06, 2023