Fitch ratings agency maintained its long term ratings for Cyprus at "B+" with a positive outlook despite acknowledging "a track record of fiscal consolidation, progress in financial sector restructuring and economic recovery".
The affirmation by Fitch Ratings of the credit standing of the Philippines has buoyed hopes for the continued economic growth of the country this year despite a simmering political crisis brought about by the botched police operation in the Southern Philippines last Jan. 25.
The credit ratings agency Fitch on Saturday upgraded Ireland's long-term foreign and local currency Issuer Default Ratings (IDA) to A- from BBB+.
Tens of thousands of Israelis protested in cities across the country on Saturday ahead of a key decision by the Supreme Court over legislation passed by the coalition w
Thousands of people in Canada remain on evacuation orders as hundreds of fires burn across the country.Many evacuees continue to wait and monitor the news for updates o
Zimbabweans voted on Wednesday with many citizens desperate for change after two decades of relentless economic chaos but skeptical that an election will help improve t
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
The entities behind 13 U.S. presidential libraries, going back as far as then U.S. President Herbert Hoover, released a joint statement on September 7, calling for a re
The U.S. policies, including tariffs, which were aimed at decoupling the Chinese and U.S. economies, may ultimately not reduce the U.S.' dependence on supply chains lin
Srettha Thavisin from the Pheu Thai Party was elected as the new prime minister of Thailand on Tuesday after winning a simple majority in a parliamentary vote.Srettha w
The Japan Aerospace Exploration Agency (JAXA) suspended a planned launch on Monday of an H-IIA rocket that was to carry a moon lander into space, according to launch op
China's financial watchdogs announced Thursday that housing credit policies will be adjusted and optimized.The interest rates of existing mortgages for first-home purch
A Pakistani high court on Tuesday suspended former Prime Minister Imran Khan's prison sentence for a graft conviction, his party said, though he still faces a slew of o
China has announced a number of measures to boost the confidence of capital market investors on Sunday, including cutting the stamp tax on securities trading and tempor
Climate change is undoubtedly the defining challenge of our time, but its effects are not equally distributed. In both developed and developing countries, environmental
Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Brice Nguema named t
The BRICS Business Council (BBC) Annual Meeting 2023 was convened on August 21 in Johannesburg, South Africa. Chen Siqing, chairman of BBC's China Chapter, said that BR
China's Ministry of Finance released a report on fiscal policy implementation in the first half of 2023 on Wednesday. The report showed that government revenue during
A group of people in China's Taiwan region gathered on Wednesday to protest against the Democratic Progressive Party (DPP) authorities' collusion with the Japanese poli
China's top economic planner on Monday said it will set up an internal bureau to bolster policy coordination in the private economy. The new department is a specialized
The South African parliament issued a statement Saturday on the success of the 15th BRICS Summit held in Johannesburg, hailing the outcomes of this "historic" summit as
Algerian Minister of Foreign Affairs and National Community Abroad Ahmed Attaf said on Tuesday that his country has put forth a political solution to address the ongoin