News Formal

Investors emerge faster than emerging economies

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Fitch Ratings may soon label more countries as junk than investment grade, as Covid-19 adds to poorer countries’ problems. Yet investors are returning to emerging markets, writes swahapattanaik.

Fitch Ratings made a record number of sovereign downgrades in the first half of 2020, announcing 32 rating actions that affected 26 government borrowers.

The credit rating company’s sovereign ratings are nearly evenly split between investment-grade and speculative-grade ratings. The number rated BBB-minus and on negative outlook suggested speculative-grade ratings would soon outnumber those in the investment-grade category for the first time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

J.C. Penney says certain lenders ready to accept business plan with conditionsJ.C. Penney Co Inc said on Monday certain lenders had agreed to accept a business plan on certain conditions as the department-store operator looks to emerge from bankruptcy protection. CEO gets billions while regular workers are lay off Delaying the inevitable به کیا میدن
Source: Reuters - 🏆 2. / 97 Read more »