Moody's slashes Italy rating by two notches
US ratings agency Moody's downgraded Italy's government bond rating by two notches, citing the knock-on effects of a possible Greek exit from the eurozone and Spain's banking woes.
In reducing the ra
Eurozone deal effective but costly: Moody's
A deal reached last month by eurozone leaders will reduce short-term risks for the regional economy but at a higher cost for wealthier members, ratings agency Moody's estimated on Thursday.
"The meas
Moody's downgrades Barclay's debt rating outlook
Ratings agency Moody's downgraded Barclays Plc's debt rating outlook to negative from stable, citing the resignations of senior executives including chief executive Bob Diamond in the wake of an inter
Moily hits out at rating firms for lowering India's outlook
Hitting out at global rating firms for downgrading India's credit outlook, Corporate Affairs Minister Veerappa Moily on Wednesday said there was no 'economic tsunami' in the country and they should re
Moody's says India rating stable despite challenges
Moody's Investors Service on Monday said it was maintaining a stable outlook on India's Baa3 rating as problems such as slower growth and higher inflation were long-standing and already factored into
Rupee gains sharply by 71 paise against dollar
The rupee was trading 71 paise up at 56.44 against the dollar in a sharp recovery on fresh selling of the American currency by banks ahead of expected measures from government on Monday to arrest the
Moody's downgrade gives edge to safe-haven banks
Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits.
The ratings released on Thursday by Moody's Investors
Companies assess bank relations after Moody's move
In the weeks leading up to Moody's downgrade of major global banks, corporate treasurers quietly accelerated their own reviews of where to put their bank deposits, who they trade swaps with and who th
Moody's downgrades Nokia credit rating to junk status
Ratings agency Moody's downgraded on Friday its long-term credit rating of Finnish telecommunications group Nokia by one notch to the speculative level of ‘Ba1’ and said its outlook remained negative.
Moody's slashes Spain debt ratings three notches
Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved eurozone plan to help Spain's banks w