Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast,

China’s Ministry of Finance reacted strongly, describing the decision to downgrade from “A+” to “A” as biased and not reflective of reality.

Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.

The blanket tariff affects every major American export sector, from agriculture and manufacturing to technology and energy.

Trump adviser says Washington would withhold support for Buenos Aires loan request to IMF if it reinforces China's 'position' in Argentina A top adviser to US President Donald Trump said that Washington's support for Argentina's ongoing negotiations with the International Monetary Fund hinges on President Javier Milei distancing himself from China,

Bitcoin's 30-day implied volatility, represented by Deribit's DVOL index, rose slightly to an annualized 54.57%, the highest in two weeks.

Indonesia's central bank said on Saturday it was committed to keeping the rupiah currency stable after US and Chinese tariff announcements resulted in market uncertainties.

The TCW Emerging Markets Local Currency Income Fund, I Class returned -7.64% for the fourth quarter of 2024, underperforming GBI-EM GD return of -6.98% by 66bps.