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  • Fitch cuts rating on Russia to 'BBB minus' Friday, 9 Jan 2015 | 4:33 PM ET

    Jan 9- Fitch Ratings cut its rating on Russia to' BBB minus' from' BBB', citing significant deterioration in the country's economic outlook due to the slump in oil prices and falling value of the rouble. Fitch said the issue ratings on Russia's senior unsecured foreign and local currency bonds have also been downgraded to' BBB minus' from' BBB'. Oil prices have fallen...

  • Why Fitch placed Japan on ratings watch negative   Thursday, 11 Dec 2014 | 7:07 PM ET
    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 cuts Italy's rating to just above junk Friday, 5 Dec 2014 | 9:28 PM ET

    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.

  • Nikkei to breach 18,000: Expert   Monday, 1 Dec 2014 | 8:14 PM ET
    Nikkei to breach 18,000: Expert

    Despite uncertainty over upcoming elections and a slow economic recovery, Jonathan Pain, Author of "The Pain Report" and Director of JP Consulting, says the stock market will go higher.

  • Moody's: Why we downgraded Japan   Monday, 1 Dec 2014 | 8:04 PM ET
    Moody's: Why we downgraded Japan

    Thomas Byrne, SVP, Regional Credit Officer, Sovereign Risk Unit at Moody's, identifies the delay in the consumption tax and doubts over Abe's growth revival strategy as reasons for the agency's downgrade.

  • Not concerned about Japan downgrade: Pro   Monday, 1 Dec 2014 | 7:16 PM ET
    Not concerned about Japan downgrade: Pro

    Chris Konstantinos, Director of International Portfolio Management at Riverfront Investment Group, explains why he's still bullish on Japanese equities despite Moody's downgrade.

  • JOHANNESBURG, Nov 25- South Africa's power utility Eskom said on Tuesday it needs a substantial injection of funds to ease a cash crunch and to avoid another credit downgrade as it struggles to keep the lights on in Africa's most advanced economy. Eskom supplies virtually all power to South Africa. The government said last month it would inject 20 billion rand of...

  • NEW YORK, Nov 17- Actavis will issue around US $27.5 bn of new debt to finance its US $66 bn acquisition of Botox-maker Allergan, but about half of it will be short-dated to help the company keep its investment-grade ratings. Both Moody's and Fitch said they would not downgrade Actavis to junk despite the increased debt, believing strong cash flow will enable it to...

  • *Ratings downgrades hit bonds and credit default swaps. LONDON, Oct 24- Investors demanded higher yields to hold Tesco's debt on Friday while the cost of insuring against default rose sharply after ratings downgrades left Britain's biggest grocer hovering just above junk status. "The ratings remain on review for downgrade because Tesco has not yet announced...

  • Argentina defaults and its stocks …rise? Thursday, 31 Jul 2014 | 1:23 AM ET
    Protestor Francisco Sobrero holds a sign that translates as 'Vultures! Don't take our pound of meat' outside the office building of mediator Daniel Pollack July 30, 2014 in New York.

    Usually a sovereign default is negative for a country's markets, but Argentina's markets have rallied to 20-year highs despite the overhanging threat.

  • NJ faces another credit rating slash: S&P Monday, 2 Jun 2014 | 4:02 PM ET
    The Bridge Street Bridge, Passaic River and Newark skyline are seen from Harrison, New Jersey.

    S&P could downgrade New Jersey again because of budgetary imbalance and underfunded pensions, putting it among the three worst-rated states.

  • Moody's downgrades Chicago amid pension crisis   Monday, 10 Mar 2014 | 10:52 AM ET
    Moody's downgrades Chicago amid pension crisis

    CNBC's Rick Santelli and Jack Dorer, Moody's Investors Service analyst, discuss the move by Moody's to downgrade Chicago's credit rating to just above junk bond status citing the city's unfunded pension liabilities.

  • Why Moody's downgrade won't hurt Sony   Monday, 27 Jan 2014 | 10:52 PM ET
    Sony sunk by Moody's junk rating?

    Atul Goyal, Senior Analyst at Jefferies, says Moody's downgrade of Sony won't affect the company's ability to raise debt, but it could impact its profitable insurance business.

  • Problems in Puerto Rico: Debt crisis looms   Friday, 24 Jan 2014 | 10:43 AM ET
    Problems in Puerto Rico: Debt crisis looms

    Puerto Rico Treasury Secretary Melba Acosta, and PR Government Development Bank Chairman David Chafey, discuss the pressure Puerto Rico is under from ratings agencies to borrow from markets over concerns of short-term liquidity needs. Puerto Rico has $70 billion in debt plus unfunded liabilities of $30 billion.

  • Should Puerto Rico be allowed to borrow?   Friday, 24 Jan 2014 | 7:44 AM ET
    Should Puerto Rico be allowed to borrow?

    Puerto Rico is under pressure from ratings agencies to prove they can borrow money or face a downgrade, reports CNBC's Michelle Caruso-Cabrera.

  • Chinese credit rating agency downgrades US   Thursday, 17 Oct 2013 | 1:06 PM ET
    Chinese credit rating agency downgrades US

    The Xinhua news agency in China says U.S. politicians have done "nothing substantial but postponed once again the final bankruptcy of global confidence in the U.S. financial system." CNBC's Michelle Caruso-Cabrera reports a credit ratings agency in China downgraded the U.S. to A- from A.

  • Bill Gross: Treasurys and kicking the can   Wednesday, 16 Oct 2013 | 2:31 PM ET
    Bill Gross: Treasurys & kicking the can

    Bill Gross, Pimco founder and co-CIO, discusses debt, default and dysfunction in D.C. He says ratings services make news but seldom break new ground.

  • What's the whole story on the debt debate?   Tuesday, 8 Oct 2013 | 6:52 AM ET
    What's the whole story on the debt debate?

    CNBC's Michelle Caruso-Cabrera compares what happened to the stock markets after the last downgrade of U.S. debt and what happened to Italian stocks.

  • Will US debt get a downgrade?   Friday, 4 Oct 2013 | 6:41 AM ET
    Will US debt get a downgrade?

    Marie Cavanaugh, S&P lead U.S. sovereign rating analyst, discusses the likelihood of downgrading Uncle Sam's credit rating.

  • Why US debt was downgraded two years ago   Monday, 5 Aug 2013 | 11:05 AM ET
    Why US debt was downgraded two years ago

    John Chambers, Standard and Poor's, discusses how political wrangling prompted the credit agency to downgrade the nation's debt from AAA to AA.