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Search Result for “Fitch”

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WORLD

Malaysian PM announces cash handout for all adults

Reuters, Published on 23/07/2025

» KUALA LUMPUR - Malaysian Prime Minister Anwar Ibrahim announced new measures on Wednesday to address growing public disquiet about the rising cost of living, including a cash handout for all adult citizens and a promise to lower fuel prices.

WORLD

Vietnam convicts death-row tycoon of fraud in new trial

Bloomberg News, Published on 17/10/2024

» A Vietnamese real estate tycoon facing the death penalty for fraud has been sentenced to life in prison after being found guilty on additional charges, showing the extent of the ruling Communist Party’s determination to crack down on corruption.

WORLD

Property tycoon ‘embezzled $12bn’ in Vietnam’s biggest fraud case

Bloomberg, Published on 03/03/2024

» For several years, Truong My Lan held meetings on the 39th floor of the sleek Times Square tower in the heart of Vietnam’s commercial hub, Ho Chi Minh City. There, in a room that acted as her command centre, she allegedly wove a $12 billion tapestry of fraud and corruption, according to the police reports that form the basis of a court case against her.

WORLD

Bangladesh garment factories firing workers after protests

Reuters, Published on 28/12/2023

» DHAKA - Bangladesh garment factories have fired hundreds of workers since protests in October demanding higher wages, three labour unions representing half a million workers told Reuters this week, while many others are on the run fearing arrest.

WORLD

Fitch downgrades US credit rating after debt limit standoffs

AFP, Published on 02/08/2023

» WASHINGTON - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

WORLD

Biden signs debt ceiling bill into law, averting default

AFP, Published on 04/06/2023

» WASHINGTON - US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.

WORLD

Biden hails averting 'catastrophic' default in Oval Office speech

AFP, Published on 03/06/2023

» WASHINGTON - US President Joe Biden told Americans on Friday in a rare Oval Office address that the debt ceiling bill passed by Congress after weeks of wrangling saved the country from "economic collapse."

WORLD

Turkish opposition plots fightback against Erdogan

AFP, Published on 17/05/2023

» ISTANBUL: Turkey's opposition tried on Wednesday to recover from a crushingly disappointing election performance and launch a new attack aimed at beating President Recep Tayyip Erdogan in a May 28 runoff.

WORLD

Macron minister raises eyebrows with racy novel

AFP, Published on 01/05/2023

» PARIS - A new novel by French President Emmanuel Macron's heavyweight finance minister, containing one breathlessly erotic passage that has gone viral, has forced the government to explain how he finds the time for such penmanship in a period of economic trouble.

WORLD

Death toll tops 20,000 from Turkey-Syria quake as hopes fade

AFP, Published on 10/02/2023

» BAB AL-HAWA BORDER CROSSING (SYRIA) - The death toll from the massive earthquake in Turkey and Syria kept on climbing Thursday, topping 20,000 as the first UN aid reached Syrian rebel-held zones but hopes of finding more survivors faded.