Posts Tagged ‘agency’

Fitch downgrades Japan’s credit rateing

Linda Young – Fourth Estate Cooperative Writer Tokyo, Japan (4E) – Ratings agency Fitch downgraded Japan’s sovereign credit rating Tuesday from an AA to A+ and warned that further downgrades might be necessary. That is still an investment grade rating, but it is just above the ratings of troubled Italy and Spain. It was the […]

SEC Seeks to Halt Citigroup Case Pending Settlement Appeal

The U.S. Securities and Exchange Commission asked to halt its case against Citigroup Inc. over mortgage-backed securities while the agency appeals a federal judge’s rejection of a $285 million settlement that was proposed to resolve the dispute. View full post on Finance Stories

S&P downgrades Italy: what the analysts say

Global financial markets are bracing themselves for another day of turmoil on Tuesday after credit ratings agency Standard & Poor’s downgraded Italy late on Monday night. Here is what some top analysts said about S&P’s decision. View full post on UK Business Stories

U.S. slapped with Standard & Poor’s rating downgrade

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – Standard & Poor’s on Friday downgraded the U.S. government”s “AAA” sovereign credit rating while other two major rating agencies Moody’s and Fitch kept the U.S. at “AAA” but Chinese rating agency Dagong Global Credit Rating Co. on Wednesday cut the U.S. from A+ […]

S&P cuts Greece credit ratings

Vittorio Hernandez – AHN News Athens, Greece (AHN) – Ratings agency Standard & Poor’s downgraded Greece’s credit ratings to B from BB- on Monday. Together with the cut in rating, S&P warned of the increased risk that Athens will take to restructure its $157.7 billion (EUR 110 billion) bailout package that may result in a […]