Ukraine's credit rating outlook changes to ‘stable': S&P

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Source: RTT News
Credit rating outlook of Ukraine's economy was raised by Standard & Poor's rating agency on Thursday mainly due to an improvement in fiscal funding and a recent financial aid provided by Russian, the rating agency showed in a report on Thursday. Ukraine's credit rating outlook improved from ‘negative' to ‘stable' and the rating was affirmed at ‘B-/B'.

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Thu, 26 Dec 2013 12:45:06 GMT

Emerging-markets stocks fall on China's shares

Emerging-markets shares declined on Thursday drag down by China's automakers and companies from Taiwan despite an increase of material producers as the China's benchmark index fell to the weakest level in four months and the Thai's currency tumbled for 8th straight day. The MSCI Emerging Markets Index slipped 0.1% to 994.04 as of 4:38 p.m. Hong Kong time.

Thu, 26 Dec 2013 12:23:03 GMT

China's GDP is likely to expand 7.6% in 2013

Gross domestic product of the world's second largest economy is expected to advance by 7.6% in 2013 compared to preliminary estimated level of 7.5%, which was the country's government growth target, a cabinet report showed on Thursday. According to the report, the Chinese economy may record growth around 7.6-7.7% this year, the weakest rate since 1997-1998 financial crisis in Asia.

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