China's Dagong Ratings Agency - Former scams are hiccuping
With the development of the capital market in China, there was a need for professional credit rating agencies. It was in this environment that the Dagong Global Credit Rating Agency was established, which began operating in 1994. It happened [...]
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August 23 2023
S&P Global downgrades US bank ratings
S&P Global downgraded its credit ratings and outlook for a number of U.S. regional banks on Monday, saying higher funding costs and problems in the commercial real estate (CRE) sector [...]
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August 16 2023
Concerns over US bank ratings and weak Chinese data
The downward correction in the stock markets continues. Yesterday, the sentiment was worsened by the Fitch agency, which issued a warning for the rating of large US banks. Added to this were hawkish comments from the Fed. Concerns about global growth [...]
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August 5 2023
US rating downgrade. Is this a blow to the public finances of the United States?
On August 1, 2023, after the session on the American market, information appeared that the Fitch rating agency downgraded the credit rating of the United States from AAA to AA+. Does this information affect the financial markets? [...]