Gate News message, April 21 — Fitch Ratings downgraded the Philippines' credit outlook to negative from stable on Monday, April 20, while affirming its "BBB" credit rating. The negative outlook places the rating at risk of a cut within the next 18 to 24 months.
Fitch cited two main drivers for the
Gate News message, April 21 — South Korea's newly appointed central bank governor Shin Hyun-song pledged to advance the development of a central bank digital currency (CBDC) and deposit tokens in his inaugural address on April 21. He outlined plans to expand these initiatives through the second