South Korean Deputy PM Choi Sang-mok acknowledges credit agencies' concerns over potential large post-election supplementary budget, discusses market absorption capacity for government bonds
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Choi Sang-mok - 'Credit Rating Agencies Expressed Concerns Over Potential Large-Scale Supplementary Budget After Presidential Election'

South Korean Deputy PM Choi Sang-mok acknowledges credit agencies' concerns over potential large post-election supplementary budget, discusses market absorption capacity for government bonds

Yonhap Infomax
France breathes a bit easier as Fitch affirms credit rating

Rating agency keeps negative outlook as “political deadlock and polarization” complicate the government’s effort to tackle debt.

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Financial Supervisory Service launches investigation into Shinhan Investment and two credit rating agencies over Homeplus's issuance of commercial paper just before filing for rehabilitation, amid growing controversy and investor concerns.
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https://en.infomaxai.com/news/articleView.html?idxno=54102
FSS Launches Investigation into Shinhan Investment and Two Credit Rating Agencies over Homeplus Crisis

Financial Supervisory Service launches investigation into Shinhan Investment and two credit rating agencies over Homeplus's issuance of commercial paper just before filing for rehabilitation, amid growing controversy and investor concerns.

Yonhap Infomax
Ambassador Choi Jong-ku conducts economic briefings in Singapore and Hong Kong, emphasizing Korea's stable governance and robust economic system amid political uncertainties, while meeting with global credit rating agencies and investors to discuss Korea's economic outlook and policies.
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https://en.infomaxai.com/news/articleView.html?idxno=50973
S&P cuts France's credit rating on deficit overshoot

Standard & Poor's cut its rating on France's sovereign debt on Friday (31 May), delivering a painful rebuk

EURACTIV
France hit by ratings downgrade despite spending-cuts crusade

Finance Minister Bruno Le Maire said the downgrade was the price to pay for bolstering the economy with public support during the pandemic and the inflation crisis.

POLITICO
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Le Maire doubles down on reform plans after Fitch cuts France’s credit rating

‘I believe that the facts invalidate the assessment’ by the ratings agency, French economy minister says.

POLITICO