Codelco Faces Credit Downgrade as Debt Mounts Amid Chinese Slowdown
Moody's Ratings downgraded Codelco's credit rating from Baa1 to Baa2 yesterday citing production challenges high costs. Analysis from The Rio...
May 20, 2025Section
Chile News in English
Chile news in English from The Rio Times — Santiago politics, economy, copper markets and culture.
Chile’s Codelco Partners with Rio Tinto for Strategic Lithium Development
Chile's state-owned Corporación Nacional del Cobre (Codelco) announced Monday its selection of Anglo-Australian mining. Analysis from The Rio Times.
May 20, 2025
Chilean Markets Extend Rally: IPSA Marks Sixth Consecutive Day of Gains Amid Strong GDP Data
The Chilean stock market showed modest gains today as the S&P IPSA index closed at 8 392.100 up 14.420 points....
May 20, 2025
Chilean Peso Holds Ground Against USD: Market Analysis for May 20, 2025
The USD/CLP exchange rate is currently trading at 937.47, showing a slight increase of +0.20 (+0.03%) from the previous close....
May 20, 2025
Chile’s Economy Outperforms Expectations with 2.3% Growth in First Quarter 2025
Chile's central bank reported Monday that the country's economy grew 2.3% in the first quarter of 2025 compared to the...
May 19, 2025
Chile’s Finance Ministry Clashes with Fiscal Council Over Budget Cuts
Chile's Finance Minister Mario Marcel defended his ministry's authority over fiscal policy following a public disagreement with the Autonomous Fiscal...
May 19, 2025
Chilean Peso Holds Ground Against Dollar: Market Forces and Trading Patterns for May 19, 2025
The USD/CLP exchange rate closed at 944.22 on May 19, 2025, holding steady with no change (0.00%) from the previous...
May 19, 2025
Chile’s Bold Fast-Track Plan for Investments Outsmarts Regional Rivals
Chile’s Finance Minister Mario Marcel announced a fast-track legislative plan to speed up investment projects, revealed during a construction industry...
May 16, 2025
Chile’s IPSA Pauses Rally Amid Profit Taking and Global Cues
Market data shows the IPSA closed at 8 411.01 points on May 15 slipping 0.69 percent after five weeks of...
May 16, 2025