比竞争对手效率更高的中国人工智能（AI）模型DeepSeek的出现，凸显出如果AI行业的投资以目前的节奏继续，芯片行业将会面临产能过剩的风险。

中美两国近日宣布的双边贸易限制措施与惠誉对中国和中资发行人的基本假设一致，不会影响惠誉对其信用状况的看法。即便如此，惠誉认为，对两国贸易破坏性更强的行动进一步加码的风险很高。

Major cuts to Medicaid would negatively affect not-for-profit (NFP) hospital operating margins and revenues. The recently passed budget resolution could also exacerbate margin pressures for health insurers participating in Medicaid.

In this video, our senior analyst explores the global ESG sukuk market, highlighting the recent market developments and share the ESG sukuk outlook for the rest of 2025. Here is Amjad Alkabra on ESG sukuk.

Fitch’s commitment to supporting Islamic capital market participants through ratings, research, and leadership has helped shape the Islamic Finance landscape for over a decade.

Join Thomas Rookmaaker and Jeremy Zook from the APAC Sovereigns team as they explore India's 2025 budget, its path for debt reduction, economic outlook, and implications for the sovereign rating amid global uncertainties.

Amid rapidly changing US trade policies, Fitch analysts, Alex Muscatelli and Janice Chong, discuss the macroeconomic and corporate level impacts on China from rising US tariffs.

Ben McCarthy and Natasha Vojvodic of APAC Structured Finance discuss the outlook for the Australian and New Zealand markets in 2025, looking at issuances, credit trends, property prices, and the evolving RMBS landscape.

Recently announced US tariffs on steel and aluminium imports will increase commodity price volatility and regional price disparities. Broader commodity markets may be affected by the economic consequences from the US tariffs on imports from China.