Washington [US], December 4 (ANI/Sputnik): The coronavirus Omicron variant is likely to reinforce a downgrade of the International Monetary Fund's (IMF) outlook on the global economy, IMF Managing Director Kristalina Georgieva said on Friday.
Taipei [Taiwan], November 22 (ANI): China's move to downgrade the diplomatic ties with Lithuania after Taiwan opened a representative office in the Baltic nation shows the "arrogance and pettiness of large, powerful countries", Taiwan's Foreign Ministry said.
Beijing [China], November 21 (ANI): China has downgraded diplomatic ties with Lithuania to the level of charge d'affaires after Taiwan opened a representative office in the Baltic state's capital Vilnius.
Washington [US] October 21 (ANI): The US credit rating agency Moody's have downgraded the credit ratings of seven Chinese real estate giants due to concerns over liquidity risks.
Manila [The Philippines], September 22 (ANI): The Asian Development Bank (ADB) on Wednesday downgraded its 2021 economic growth outlook for India -- the subregion's largest economy -- to 10 per cent from 11 per cent in 2021.
Hong Kong, July 6 (ANI): Fitch Ratings said on Tuesday there were no sovereign rating upgrades and only three downgrades in 1H21, marking the fewest rating actions in a six-month period in more than 20 years.
Bangkok [Thailand], July 3 (ANI): The Southeast Asian nation of Laos is struggling to meet its debt obligations amid sovereign downgrades and depleted foreign reserves.
Islamabad [Pakistan], June 30 (ANI): Clarifying stand over China-Pakistan ties, Prime Minister Imran Khan has said that it was very unfair of the United States and Western powers to force countries like Pakistan to take sides and downgrade their ties with China.
New Delhi [India], June 19 (ANI): Crisil has downgraded the rating on long-term bank facilities of state-owned engineering major Bharat Heavy Electricals Ltd (BHEL) from AA/negative to AA-minus/negative.
Singapore, June 12 (ANI): Moody's Investors Service has downgraded Delhi International Airport Ltd's (DIAL's) corporate family rating and senior secured ratings to B1 from Ba3.
Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.