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In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade from AAA to AA+. T...
(Bloomberg) -- The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning fiscal deficits and an “erosion of governance” that’s led to repeated debt limit clashes over the past two decades.Most Read from BloombergUS Credit Rating Downgraded From AAA by Fitch US, Europe Growing Alarmed by China’s Rush Into Legacy ChipsTrump Indicted on Federal Charges in 2020 Election ProbePoland Sends Troops to Belarus Border After Airspace BreachStocks
Preparations for possible evacuations in parts of Canterbury are being made by Civil Defence due to heavy rain over the last 24 hours. Ashburton...
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New Zealand dollar left licking its wounds.
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Debt markets will need to absorb a big lift in NZ bond issuance next year and beyond.