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"debt ceiling" tag

Fitch cuts US credit rating after debt limit battle

Months after the political tussle between US President Joe Biden and Republicans over raising the debt ceiling, Fitch downgraded the US credit rating from AAA to AA+. The White House strongly disagreed with the move....


Consolidative Session Marked by Weak Chinese Imports and White House Debt Ceiling Talks

The market sentiment remains fragile. Equities are mostly lower. Japan was a notable exception, and concerns about China’s economy after a sharp decline in imports took mainland and Hong Kong listed companies sharply lower. Europe’s...