Malaysia is heading towards substantially higher budget deficits for the next two years, Fitch Ratings warned on Monday as it cut its outlook on the country's local currency debt to negative.
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Malaysia heads to higher budget deficits
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Budget overall balance is deficit
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Fiscal policy likely to drag on growth:
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Forecast helps market pare losses
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Stranglehold of debt to continue
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Trade deficit widens more than expected
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Infosys cuts forecasts
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Fitch revises outlook on Bulgaria to 'stable'
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Moody's downgrades Ukrprombank local and foreign currency ratings
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Current account deficit widens
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May overshoot budget fiscal deficit aim:
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'Fiscal outlook creates very fragile base'
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Nz Govt warns on budget surplus forecast
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Markets likely to open negative:
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Current account deficit widens to USD 1.6bn in November.
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Fitch warns on US credit rating
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Moody's keeps negative outlook