Outlook

2024 - 6 - 24

Exciting Updates in Global Trades and Ratings: What You Need to Know

Financial Ratings - Fitch Ratings - Global Trade - Investment - Semiconductor Market - Trade Outlook

Discover the latest trade forecasts and rating upgrades that are shaking up the market!

In the ever-evolving world of international trade and finance, recent updates from the World Semiconductor Trade Statistics (WSTS) have sparked excitement. The WSTS has increased its forecast for the global semiconductor market growth to 16%, up from the initial 13.1% projection. This upward revision is set to have a significant impact on the industry in the second half of the year, promising a brighter outlook for trade globally.

On a different note, Fitch Ratings made notable moves in the financial sector. They upgraded Beijing-based Shougang Group Co., Ltd. to 'A' with a negative outlook, reflecting changing dynamics in the Chinese market. Additionally, Fitch affirmed the ratings of Standard Chartered Bank (Thai) and Standard Chartered Bank Korea, indicating stability and confidence in these financial institutions.

Looking more closely at Shougang Group Co., Ltd., the recent 'A' rating upgrade signals a potential shift in the company's financial performance and market position. This change could lead to increased investor interest and strategic opportunities for Shougang in the near future. Meanwhile, the affirmations by Fitch for Standard Chartered Bank (Thai) and Standard Chartered Bank Korea emphasize the resilience and reliability of these banks amidst uncertain economic conditions.

In summary, the latest developments in trade forecasts and rating upgrades reflect a dynamic and evolving landscape in the global market. These changes are not only indicative of shifting trends but also set the stage for potential growth and opportunities in various sectors. Stay tuned for more updates on how these shifts will shape the future of international trade and finance!

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Image courtesy of "New Straits Times Online"

Bright outlook for trade in H2 (New Straits Times Online)

The World Semiconductor Trade Statistics (WSTS) has revised its global semiconductor market growth forecast upwards to 16 per cent from 13.1 per cent, bringing ...

Fitch Upgrades Shougang to 'A'; Outlook Negative (Fitch Ratings)

Fitch Ratings-Hong Kong/Shanghai-23 June 2024: Fitch Ratings has upgraded Beijing-based diversified service provider Shougang Group Co., Ltd.'s Long-Ter.

Fitch Affirms Standard Chartered Bank (Thai) at 'A-'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Singapore/Bangkok-24 June 2024: Fitch Ratings has affirmed Standard Chartered Bank (Thai) Public Company Limited (SCBT) Long-Term Foreign-

Fitch Affirms Standard Chartered Bank Korea at 'A+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Hong Kong-24 June 2024: Fitch Ratings has affirmed Standard Chartered Bank Korea Limited's (SCBK) Long-Term Issuer Default Rating (IDR) at.

Fitch Affirms CATL's Ratings at 'A-', Outlook Stable (Fitch Ratings)

Fitch Ratings-Hong Kong/Shanghai-24 June 2024: Fitch Ratings has affirmed Chinese electric-vehicle (EV) and energy storage battery producer Contemporary.

Fitch Affirms Standard Chartered Bank (Singapore) at 'A+'; Outlook ... (Fitch Ratings)

Fitch Ratings-Singapore-24 June 2024: Fitch Ratings has affirmed Standard Chartered Bank (Singapore) Limited's (SCBS) Long-Term Issuer Default Rating (I.

Fitch Revises Picard's Outlook to Stable on Refinancing; Affirms IDR ... (Fitch Ratings)

Fitch Ratings-Paris-24 June 2024: Fitch Ratings has changed Picard Bondco S.A.'s (Picard) Outlook to Stable from Negative, while affirming its Long-Term.

Fitch Revises Outlook on 13 Notes from 12 Chinese ABS, RMBS ... (Fitch Ratings)

Fitch Ratings-Hong Kong-24 June 2024: Fitch Ratings has revised the Outlook on 13 notes from 12 Chinese structured finance transactions to Stable from N.

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Image courtesy of "International Press Institute"

The Outlook: The Transition Accelerator is back (International Press Institute)

Why Apply? Get an opportunity to innovate and adapt to the evolving landscape of journalism. Get financial support for your digital transformation project. Your ...

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Image courtesy of "New Straits Times"

Bright outlook for trade in H2 [BTTV] (New Straits Times)

The World Semiconductor Trade Statistics (WSTS) has revised its global semiconductor market growth forecast upwards to 16 per cent from 13.1 per cent, bringing ...

Fitch Publishes Zegona Holdco Limited's 'BB+' IDR; Outlook Stable (Fitch Ratings)

Fitch Ratings-Warsaw-24 June 2024: Fitch Ratings has published Zegona Holdco Limited's (Vodafone Spain) Long-Term Issuer Default Rating (IDR) of 'BB+' w.

Fitch Assigns GuarantCo First-Time 'AAA(idn)' National IFS Rating ... (Fitch Ratings)

Fitch Ratings-Jakarta-24 June 2024: Fitch Ratings Indonesia has assigned GuarantCo Ltd. a National Insurer Financial Strength (IFS) Rating of 'AAA(idn)'

Texas manufacturing activity stabilizes in June (dallasfed.org)

For this month's survey, Texas business executives were asked supplemental questions on wages, prices, capital expenditures, outlook concerns and supply-chain ...

Fitch Assigns Taipower First-Time 'AA' IDR; Outlook Stable (Fitch Ratings)

Fitch Ratings-Hong Kong/Taipei-24 June 2024: Fitch has assigned Taiwan Power Company (Taipower) a Long-Term Foreign-Currency Default Rating (IDR) of 'AA.

Fitch Downgrades Fortrea Holdings' IDR to 'BB-'; Outlook Negative (Fitch Ratings)

Fitch Ratings-Toronto-24 June 2024: Fitch Ratings has downgraded Fortrea Holdings, Inc.'s Long-Term Issuer Default Rating (IDR) to 'BB-' from 'BB'. Addi.

Fitch Affirms Development Bank of Mongolia at 'B'; Removes ... (Fitch Ratings)

Fitch Ratings-Hong Kong/Seoul-24 June 2024: Fitch Ratings has affirmed Development Bank of Mongolia LLC's (DBM) Long-Term Issuer Default Ratings (IDRs)

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