Fitch downgrades Hong Kong after months of protests

Published Fri, Sep 6, 2019 · 04:23 AM

[BENGALURU] Global credit rating agency Fitch Ratings downgraded Hong Kong's long-term foreign currency issuer default rating to "AA" from "AA+" after months of unrest and protests in the region.

Hong Kong's rating outlook is negative, Fitch Ratings said on Friday.

Increasingly violent protests have roiled the Asian financial hub as thousands chafe at a perceived erosion of freedoms and autonomy under Chinese rule.

REUTERS

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International

International

Fitch downgrades Hong Kong after months of protests

International

Philippines’ Recto sees rate-cut delay risk if peso sinks to 59

Ecuador president declares state of emergency over energy crisis

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

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