Wednesday, 29 July 2020

Fitch lowers credit outlook on Japan to negative on COVID-19 impact

Rating agency Fitch on Wednesday revised its outlook on Japan’s long-term foreign currency debt rating to negative from stable, citing the sharp coronavirus-induced domestic economic contraction. “The coronavirus pandemic has caused a sharp economic contraction in Japan, despite the country’s early success in containing the virus,” Fitch said. The global rating agency affirmed Japan’s rating […]

from Daily Times https://ift.tt/2P8bK3q

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Pakistan seeks collaboration with SCO Trade and Economic Platform

Pakistan seeks collaboration with the SCO Trade and Economic Platform, Gwadar Pro reported on Friday. A Pakistani delegation led by Ali Huss...