Credit Credit Downgrades

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  • The Moody's downgrade comes just days before the National People's Congress is due to vote on China's 13th five year plan, a closely held development blueprint for the next five years, which policymakers began formally drafting in 2015.. "Without credible and efficient reforms, China's GDP growth would slow more markedly as a high debt burden dampens business...

  • Standard & Poor's lowered the credit rating of BHP and put it on negative watch due challenging market conditions for commodities.

  • A worker polishes steel coils at a factory of Dongbei Special Steel Group in Dalian, China.

    Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.

  • IMF lowers 2016, 2017 global growth forecasts

    Maurice Obstfeld, IMF chief economist, discusses the new outlook on global growth, including lower growth for the U.S.

  • Traders work on the floor of the New York Stock Exchange.

    Pressure on global corporate credit ratings is at the worst level since the financial crisis, Standard & Poor's has warned.

  • By Anshuman Daga and Umesh Desai. SINGAPORE/ HONG KONG, Jan 8- Standard& Poor's cut its credit rating on Noble Group to junk, adding to concerns about financing costs for Asia's biggest commodity trader a week after a similar downgrade by Moody's Investors Service and sending its stocks and bonds sliding. The company, with a market cap of $1.5 billion, has a total of...

  • SINGAPORE, Jan 7- Standard& Poor's cut its credit rating on Noble Group to junk on Thursday, adding to concerns about financing costs for Asia's biggest commodity trader a week after a similar downgrade by Moody's Investors Service. Noble's shares have fallen by around 70 percent since mid-February after blogger Iceberg Research questioned the company's...

  • SINGAPORE/ HONG KONG, Dec 30- The chief executive of embattled commodity trader Noble Group Ltd defended its financial position after what it called an "unexpected" move by Moody's Investors Service to cut its credit rating to junk status, slamming its stocks and bonds. The cut to non-investment grade status came just a week after Noble agreed to sell its...

  • NEW YORK, Dec 29- Moody's Investors Service downgraded its credit rating on Noble Group Ltd on Tuesday to junk status with a negative outlook due to concerns over the Singapore- listed commodity trader's liquidity, profitability and cash flow. "The downgrade of Noble's ratings reflects Moody's concerns over the company's liquidity," Joe Morrison, a Moody's vice...

  • NEW YORK, Dec 29- Moody's Investors Service downgraded its credit rating on Noble Group Ltd on Tuesday to junk status with a negative outlook due to concerns over the Singapore- listed commodity trader's liquidity, profitability and cash flow. "The downgrade of Noble's ratings reflects Moody's concerns over the company's liquidity," Joe Morrison, a Moody's Vice...

  • *Fitch cuts Brazil to BB+ amid economic, political crisis. BRASILIA, Dec 16- Brazil lost its coveted investment-grade rating on Wednesday after Fitch became the second credit agency to downgrade the country's debt to junk status, citing concerns about an economic and political crisis threatening to topple President Dilma Rousseff. Investors barred from...

  • Sprint CEO: Caught off guard by downgrade

    Marcelo Claure, Sprint CEO, responds to Moody's recent credit cut and shares the company's turnaround plans.

  • Moody's cuts Chicago credit rating to 'junk'

    Chicago debt was downgraded by Moody's to "junk" level. CNBC's Kate Rogers explains.

  • Twitter downgraded to neutral: Analyst

    Robert Peck, SunTrust, explains why he downgraded the social media giant a day before the company reports earnings.

  • Fitch Ratings downgraded Japan's credit rating by one notch, the agency said on Monday.

  • Some companies caught up in the Petrobras corruption scandal are pressing Brazil's government to strike a "grand bargain" settlement, sources told Reuters.

  • Media under pressure: Falling subscribers to blame?

    Benjamin Swinburne, Morgan Stanley, outlines reasons for his cautious media outlook.

  • Russia's credit rating downgraded: Explanation

    Last week, Fitch Ratings downgraded Russia's credit rating to 'BBB-'. Paul Rawkins, head of emerging Europe sovereign ratings at Fitch, explains that recent events such as the rapid decline in the oil price and the volatility of the Russian ruble contributed to the downgrade.

  • Why Fitch placed Japan on ratings watch negative

    Andrew Colquhoun, Head of Asia-Pacific Sovereigns at Fitch Ratings, says the justification to delay the sales tax hike was an "eyebrow raiser" and discusses the possibility of downgrading Japan's credit rating next year.

  • S&P cut Italy's credit rating to one notch above junk, saying weak growth and poor competitiveness undermined the sustainability of its huge debt pile.