Already under fire for their role in the subprime crisis, Fitch, Moody's and Standard & Poor's (S&P) are now in the sights of Dagong Global Credit Rating, which has formed a joint-venture agency with Russian and US partners.Wednesday, 26 June, 2013, 4:08am
The recent spate of rises in mortgage lending rates would improve banks' profit margins but they also reflected higher risks for the home-loan business, said Fitch's head of Hong Kong financial institutions Sabine Bauer. But the ability of homebuyers to repay would be stable even if property prices dropped, given the low interest rates.22 Mar 2013 - 4:19am
There was no escaping the six packs and sculpted abs, or that distinctive scent, at the launch of Abercrombie & Fitch's Central store.2 Sep 2012 - 5:32pm
Credit rating agency Fitch has revised its view of Hongkong Bank to 'negative' from 'stable' yesterday, but retained the bank's long-term default rating.
This comes a day after Fitch revised its view of the bank's parent HSBC to 'negative'.3 Mar 2012 - 12:00am
Ratings agency Fitch warned yesterday that it could downgrade the credit standing of Hong Kong's banks because of their fast-growing exposure to the mainland.
Fitch is not the only one that's nervous. In April, the Hong Kong Monetary Authority called the city's banks sharply to heel over the speed at which they were extending new loans to mainland companies.25 Oct 2011 - 12:00am
Retro is all the rage this season. If you're looking for a designer piece from a previous collection, you might find it at Seibu's new Vintage Paradise corner. It provides a range of reproduced older collections along with some reworked vintage items that are ripped and torn.4 Jun 2006 - 12:00am
Tricia Chan, 15, likes comfortable clothes. Her favourite brands are Zara, Mango and Roxy. Flip-flops are her summer fashion staple.
T-shirt $175 from Zara
Bag $200 from an outlet in Stanley Market
Earrings $30 from a boutique in Causeway Bay
Denim skirt from Abercrombie & Fitch, gift from family
Flip-flops $250 from Roxy14 May 2006 - 12:00am
Maddi Parker, 15, says she's into vintage clothing. She hunts for wacky but cheap items in the lanes in Central and Jardine's Bazaar. Zara is her top choice for upmarket clothes.
Black top $100 from Zara
Necklace $20 from Stanley Market
Bracelet $20 from Jardine's Bazaar
Jeans bought in France for Euro21 ($200)7 Aug 2005 - 12:00am
Fitch switches from stable to positive on China A-minus foreign currency outlook
Credit ratings agency Fitch yesterday revised China's A-minus long-term foreign currency rating outlook from stable to positive, giving a boost to the central government's plan to issue US$1.5 billion in bonds.14 Oct 2003 - 12:00am
Sun Hung Kai Properties (SHKP) has hit back at a weak credit assessment by Fitch Ratings, which cited a bleak outlook for Hong Kong commercial rents and shrunken profit margins from the firm's core residential development business.22 Jul 2003 - 12:00am