Fitch affirms Hong Kong at "AA-"; outlook stable
Fitch's affirmation of Hong Kong's "AA-" rating with a stable outlook suggests confidence in the region's creditworthiness despite prevailing economic challenges.
Novo Nordisk (NOVOB DC) says Wegovy delivered substantial weight loss in women across all menopause stages, plus heart and migraine protection, shown in new Novo Nordisk data at the European Congress on Obesity
UK PM Starmer has asked the Cabinet to come and see him individually, Bloomberg sources state
Fitch affirms Hong Kong at "AA-"; outlook stable
Iranian Foreign Ministry spokesperson says Iran insists on ending the war and reopening the Strait of Hormuz before any nuclear negotiations, ISNA reports
US NFIB Business Optimism Index (Apr) 95.9 vs. Exp. 96.1 (Prev. 95.8)
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This could bolster market sentiment towards Hong Kong assets and indicate a stable investment environment, particularly for fixed income. Traders should consider potential implications for HKD and related equities, especially if investor perception has been jittery around possible downgrades.
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