Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy market.
Prime Minister Narendra Modi continues to be at the top among world leaders with an approval rating of 76 per cent, according to a survey by Morning Consult.
India's expanding consumer market and vast labour force can make it an alternative destination to China as part of countries' supply chain diversification, according to Fitch.
Governments in the region are expected to intensify efforts in transitioning to clean energy, leveraging policy initiatives, sectoral reforms, innovative technologies, cost-effectiveness, and green financing, despite challenges posed by stretched fiscal positions.
Fiscal risks, especially on the spending side, take centre stage as a potential disruptor to this equilibrium. Fitch emphasizes that fiscal policy's role has been expanding steadily for over a decade, a trend set to continue in 2024.
The neutral outlook is driven by resilient business models, an increasing share of recurring non-volume revenue, and the overall adaptability of FMIs to market fluctuations.
The report sheds light on the positive financial indicators of copper producers, emphasizing the surging demand fueled by the metal's pivotal role in the ongoing global energy transition.
While this poses challenges, Fitch remains optimistic about the resilience of most Asia-Pacific (APAC) automakers, citing robust balance sheets as a key factor in supporting their credit profiles.
Fitch Ratings sheds light on the intricate dynamics affecting key players in the automotive supply chain and explores the nuanced strategies they employ to weather the current storm.
New Delhi [India], November 23: The European International University is hosting a convocation and graduation ceremony in Bangkok, which will include the felicitation and honor of global personalities. EIU, authorized by the French Ministry of National Education, stands as a distinguished ed