Credit Rating News Monitoring

Ghana has always upheld the one-China policy – Mahama  

President-elect John Dramani Mahama says Ghana has always upheld the one-Ghana policy.  The President-elect said this when Mr Tong Defa, the Chinese Ambassador to Ghana, paid a courtesy call on him in Accra to formally congratulate him on his victory in …

SpiceJet clears Rs 160 crore in pending employee provident fund dues

SpiceJet has cleared all pending employee provident fund (PF) dues amounting to Rs 160.07 crore, spanning over two years, the airline said in a statement.  Over the past three months, since raising Rs 3,000 crore through a Qualified Institutional Placement …

Hustler Fund introduces behavioural-based credit rating

President William Ruto on Monday, December 9 launched the Hustler Fund credit rating which is based on the behaviour of the borrower. This credit-rating, he said, was meant to provide credit history of the unserved, underserved and unbanked Kenyan …

S&P Global downgrades Intel's credit rating on slow recovery, management changes

Moody's affirms Fairmont State's A2 credit rating cites 'solid operating performance'

FAIRMONT — A national commercial credit rating and assessment company has assigned Fairmont State University an A2 issuer rating. In a report issued December 4, New York City-based Moody's Ratings also found the university has lowered its debt load …

Korea’s credit rating hangs in balance after failed attempt to impeach president

Choi Sang-mok, the deputy prime minister of South Korea and minister of economy and finance, enters the government complex in Seoul for a meeting with fellow Cabinet members on Dec. 8, 2024. (Kim Young-won/Hankyoreh) In the wake of the failed attempt …

G20 Meeting: South Korea Stresses Tech Innovation, Zero-Carbon Energy

(MENAFN- IANS) Seoul, Dec 13 (IANS) South Korea has called on major nations to seek ways of actively using zero-carbon energy resources and joining hands to achieve technology innovation in an effort to address various global economic challenges, the …

Add Bajaj Housing on dips, but upside negligible in 1 year: IIFL Securities

IIFL Securities has initiated coverage on Bajaj Housing Finance with an “add” rating and a target price of Rs 125, noting that while the company’s growth trajectory is impressive, the near-term upside on a one-year horizon remains negligible. The brokerage …

Indonesia’s plan for wealth fund controlled by president stirs concern

Indonesia is poised to launch a sovereign wealth fund in the next few weeks, but a plan to place it under the control of President Prabowo Subianto has sparked concern it could be undermined by political interference. Prabowo’s planned “super-holding” …

True Potential takes on £1bn in debt for push into financial advice market

Stay informed with free updates Simply sign up to the UK companies myFT Digest -- delivered directly to your inbox. True Potential has borrowed more than £1bn to fuel its rapid expansion in the UK’s financial advice market in the latest sign of the …

Minnesota schools must report cybersecurity incidents under new law

Dive Brief: Minnesota public school districts, charter schools and colleges must now report cybersecurity incidents such as ransomware or network attacks under a newly enacted state law. The information that schools report to Minnesota will not be shared …

Baltimore County Executive candidate has long history of public service

BALTIMORE COUNTY, Md. (WBFF) — As Baltimore County searches for their next county executive George Perdikakis is hoping his history of public service makes him the standout choice for the job. "I have a long career in the field of engineering and …

Mere minutes into Cabinet meeting, Yoon stormed out to declare martial law

One minister who was present for the meeting said Cabinet members only realized what was happening after hearing the president’s voice coming from another room President Yoon Suk-yeol declares emergency martial law during an emergency address from the …

EBRD and EU Launch New Capital Market Development Program in Armenia

A new program aimed at supporting Armenia's capital market was officially launched in Yerevan. The initiative, implemented by the European Bank for Reconstruction and Development (EBRD), is funded by the European Union and supported by Armenia’s …

As a Major California Oil Producer Eyes Carbon Storage, Thousands of Idle Wells Await Cleanup

At the start of 2020, California Resources Corp., one of the state’s largest oil and gas producers, was in financial trouble. The firm’s stock price had plunged, and its credit rating was in junk bond territory. Then the pandemic struck, roiling …

North Carolina's incoming treasurer is down on long-term debt

North Carolina's treasurer-elect, Brad Briner, said the state should steer away from long-term debt. North Carolina treasurer-elect Brad Briner said he plans to discourage state government from issuing long-term bonds in the next few years though it …

Quebec and Newfoundland’s new deal on Churchill Falls could set stage for further hydro expansion

Breadcrumb Trail Links Energy Renewables As of 2019, the partnership had yielded nearly $28 billion in profits for Quebec Premier Francois Legault and Madame Christine Frechette, ministre de l’Immigration, de la Francisation et de l’Integration, et deputee …

As far as safety goes, the real danger in Winnipeg's budget is a financial trapeze act without a net

When Scott Gillingham sat down to talk about Winnipeg's new budget, the mayor appeared to imply the city plans to use its largest property tax increase in decades to hire more police and community safety officers. "First and foremost, this budget …

CSC ALLEGATIONS: County board mum on commissioner investigation

TRAVERSE CITY — The Grand Traverse County Board of Commissioners met Wednesday for a study session to discuss an airport bonding proposal. The criminal investigation involving the board chairman was not broached during the 35-minute public portion of the …

The St. Louis Chapter of Credit Unions Team To Aid the Little Bit Foundation

Local Credit Union Chapter Donates Time and Dollars to Aid Cause of a Local Charity. ST. LOUIS, MO, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Keeping with the spirit of “people helping people”, seven leaders from four local credit …

Retirement Industry Trust Association Announces New Board of Directors, Focus on Industry Support

The Retirement Industry Trust Association announces new board members and an increased focus on providing industry support. FL, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The Retirement Industry Trust Association (RITA) recently …

Michael Puopolo Joins Capitol Meridian Partners as Managing Director

WASHINGTON, DC, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- --Former Blackstone Principal brings a decade of global private equity experience and prior relationship with CMP principals --CMP also names Gillian Dollard as Vice …

SwapSpace Launches Mobile App to Enable Seamless Crypto Swaps Anytime, Anywhere

SwapSpace’s mobile-first solution designed for easy and secure digital asset exchanges KINGSTOWN, SAINT VINCENT AND THE GRENADINES, December 13, 2024 /⁨EINPresswire.com⁩/ -- SwapSpace, a leading cryptocurrency exchange aggregator, is excited to …

PANTA Appoints Former Deutsche Bank Group CIO and Current Enfusion COO Neal Pawar to Advisory Board

LONDON, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- PANTA, a pioneering fintech company revolutionizing index creation and management, today announced the appointment of Neal Pawar to its advisory board. Mr. Pawar brings extensive …

Andrea Carter’s Latest Forbes Council Thought Leadership Article: Leading Your Workforce Through Polarized Spaces

Forbes Business Council Thought Leader, Andrea Carter, unveils her latest article, “Leading Your Workforce Through Polarized Spaces,” now live on Forbes.com. TORONTO, ONTARIO, CANADA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Andrea Carter, CEO …

Cathay Financial Holdings Calls for Climate Finance Mobilization to Drive the Climate Industrial Revolution

BAKU, AZERBAIJAN, December 13, 2024 /⁨EINPresswire.com⁩/ -- The 29th UN Climate Change Summit (COP29) ended with consensus in Azerbaijan, during which Cathay Financial Holdings’ (Cathay FHC) President Chang-Ken Lee led the corporate delegation, …

ASKA appoints Advisory Board members with director-level experience and strategic expertise in global automotive sector

Advisors will help identify and act on new opportunities in the automotive sector, expand ASKA’s leadership role in multimodal (drive and fly) development MOUNTAIN VIEW, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- ASKA, developer …

Aloraircrawlspace Sentinel HD55P Elevates Crawl Space Dehumidification for Modern Homes

The recently released dehumidification aims to establish new standards with its advanced technology. CHINO, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The 120 PPD Crawl Space Dehumidifier with Pump and Drain Hose, Alorair …

FXBO Launches v1.2 Mobile App Update with Improved Partner Area for Brokerages

CYPRUS, December 13, 2024 /⁨Business News⁩/ -- FXBO, a leading forex CRM platform, is proud to announce the release of its v1.2 mobile app update, introducing a robust Partner Area designed to transform how brokerages engage their partnerships on …

Global digital circular economy Market Set For X 28.1% Growth, Reaching $7.81 Billion By 2028

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Wytrwal Industries Presents at the Family Office Super Summit

Founder and CEO provides an overview of Anti-Fragile Investments during Uncertain Times KEY BISCAYNE, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Wytrwal Industries Holding Company, LLC (“Wytrwal”), a leading international …

Aloraircrawlspace Announces the Launch of Two Dust Collectors on December 17

Customers can get up to 20% off sitewide between December 10 to December 28. CHINO, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Keeping up with the holiday spirit, Aloraircrawlspace has finally announced the launch dates for its …

Pressure Reducing Valve Market Foreseen to Grow Exponentially Over 2026

Pressure Reducing Valve Market Foreseen to Grow Exponentially Over 2026 NEW CASTLE, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, "Pressure Reducing Valve Market." The …

Colle AI (COLLE) Integrates Sora AI to Revolutionize Multichain AI-NFT Creation and Innovation

Integration Unlocks Advanced Generative Capabilities and Multichain Interoperability for NFT Creators LONDON, LONDON, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Multichain AI-NFT platform Colle AI (COLLE) has announced its …

ADB, Cook Islands Enhance the Resilience of Rarotonga Airport Operations

MANILA, PHILIPPINES (13 December 2024) — The Asian Development Bank (ADB) has signed a $2 million grant agreement with the Government of the Cook Islands to boost support for an ongoing project, which is improving Cook Islands resilience to cross-border …

ADB Bolsters Support for Public–Private Partnerships in the Philippines

MANILA, PHILIPPINES (13 December 2024) — The Asian Development Bank (ADB) has approved a $30 million loan to support public–private partnership (PPP) projects in the Philippines and help the country strengthen infrastructure development, advance climate …

ADB Supports Water Supply and Sanitation Improvement in Lao PDR  

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (13 December 2024) — The Asian Development Bank (ADB) approved a $50.3 million financing package, including a $2 million technical assistance from the Japan Fund for Prosperous and Resilient Asia and Pacific, to …

ADB to Help Modernize Revenue Mobilization in Lao PDR

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (13 December 2024) — The Asian Development Bank (ADB) approved a $25 million financing package, as well as a $2 million technical assistance grant, to support the Lao People’s Democratic Republic (Lao PDR) in …

Applied Materials Announces Cash Dividend

SANTA CLARA, Calif., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company’s common stock. The dividend is payable on March 13, …