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  • MOSCOW, Jan 27- Russia's rouble strengthened early on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement and therefore had not priced in the news.

  • Russian rouble rallies after sliding on S&P downgrade Tuesday, 27 Jan 2015 | 2:13 AM ET

    MOSCOW, Jan 27- Russia's rouble strengthened by over 1 percent against both the dollar and euro in early trade on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement...

  • Russian shares fall on opening after S&P downgrade Tuesday, 27 Jan 2015 | 2:06 AM ET

    MOSCOW, Jan 27- Russian share indexes fell on opening on Tuesday, a day after rating agency S&P downgraded Russian bonds to "junk".

  • MOSCOW, Jan 27- Russian stocks are expected to open sharply weaker on Tuesday, after ratings agency S&P downgraded Russia's sovereign credit rating to' junk' late on Monday, but the rouble could strengthen since it already took a heavy hit in the previous session. S&P cut Russia's rating from BBB- to BB+, citing Russia's weakened economic growth prospects, hit by low...

  • MOSCOW, Jan 26- Russian Finance Minister Anton Siluanov said on Monday S&P's decision to downgrade Russia's credit rating to junk status showed the "pessimism" of the agency and failed to take into consideration stronger aspects of the Russian economy.

  • *S&P cuts Russia's sovereign credit rating. MOSCOW, Jan 26- Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade. S&P said in a statement it had cut the rating from BBB- to BB+, with a negative outlook, and that Russia's economic growth prospects- hit by low oil prices and Western...

  • MOSCOW, Jan 26- Ratings agency S&P said on Monday it had cut Russia's sovereign credit rating to BB+ or below investment grade with a negative outlook, and said Russia's economic growth prospects have weakened. It could not only harm Russia's image among investors, but also push up its borrowing costs, as many mainstream investment and pension funds have rules...

  • Russian rouble weakens sharply after S&P downgrade Monday, 26 Jan 2015 | 1:26 PM ET

    MOSCOW, Jan 26- Russia's rouble weakened sharply late on Monday to trade around 5 percent lower against the U.S. dollar after ratings agency S&P downgraded Russia's sovereign credit rating to below investment grade.

  • S&P DOWNGRADES RUSSIA'S SOVEREIGN CREDIT RATING TO BELOW INVESTMENT GRADE- RATINGS AGENCY.

  • Jan 23- Moody's Investors Service slashed Atlantic City's credit rating six notches deeper into junk territory on Friday, a day after New Jersey Governor Chris Christie appointed an emergency manager with a mandate to consider a debt restructuring. Atlantic City has about $344 million of long-term debt outstanding. The order from Christie to consider a...

  • Are Europe’s low bond yields a bargain? Wednesday, 21 Jan 2015 | 5:43 PM ET
    A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    With quantitative easing on the cards, Europe's already low interest rates are set to fall, but some believe the continent offers the best bond returns.

  • MOSCOW, Jan 16- Ratings agency Standard and Poor's said on Friday that it planned to complete a review Russia's sovereign credit rating by the end of January, after earlier saying it expected to make a decision by mid-January. S&P currently rates Russia's sovereign debt one notch above' junk' status, and Russian markets have been jittery over the prospect of a...

  • MOSCOW, Jan 15- The rouble firmed on Thursday, tracking the performance of global oil prices, with investors remaining nervous, however, at the prospect of Russia's sovereign debt being downgraded to' junk' status. The rouble often takes its lead from prices for oil, one of Russia's chief exports, and crude rallied on dollar weakness. S&P currently rates Russia's...

  • MOSCOW, Jan 15- Russia's rouble weakened on Thursday as global oil prices resumed their slide and investors were nervous at the prospect of Russia being downgraded to' junk' status. The rouble often takes its lead from prices for oil, one of Russia's chief exports, and Brent crude fell over 2 percent on Thursday after strong gains on Wednesday.

  • Kaisa Group last week failed to pay coupons for its dollar bond maturing in 2020, after government officials blocked sales of some of its projects in Shenzhen and several executives unexpectedly exited. Kaisa woes have frozen high-yield bond issuance from Chinese companies in the offshore market, where about $3.9 billion worth of G3 and dim sum bonds from...

  • MOSCOW, Jan 14- Russia's finance minister called on Wednesday for a cut in planned spending to weather an economic crisis, warning of a more than $45 billion drop in revenues this year if the average oil price is $50 a barrel. Adding to the gloom, Economy Minister Alexei Ulyukayev said there was a "pretty high" chance Russia's credit rating would be downgraded to junk...

  • LONDON, Jan 9- The downgrading of Tesco's debt to "junk" status could limit its bargaining power on asset sales as well as symbolising the decline in fortunes of Britain's biggest retailer. That spoiled a day when Tesco's shares had risen as much as 15 percent after the grocer reported Christmas trading that was not as bad as feared and investors welcomed plans...

  • LONDON, Jan 9- The downgrading of Tesco's debt to "junk" status could limit its negotiating power on potential asset sales as Britain's biggest retailer embarks on the long-awaited recovery plan designed to reverse its sliding fortunes. The move marks another fall from grace for Britain's biggest private employer, a staple of British pension funds that was...

  • SHANGHAI, Jan 8- The Shanghai Stock Exchange banned individuals from investing in bonds privately issued by small and medium enterprises, the latest in a series of steps to tighten regulatory control of the high-yield, high-risk fixed income market. The SME bond market was launched in early 2012 in order to help develop China's wider bond market and to provide...

  • How to pick junk-bond jewels despite oil's slide Tuesday, 30 Dec 2014 | 9:50 AM ET

    For investors nervous about falling oil prices and their effect on junk bonds issued by the energy industry, there are still some jewels amid the junk.