Wayne Gordon, commodities and FX strategist at UBS Wealth Management, explains whether fresh corruption allegations surrounding Prime Minister Najib Razak will weigh on the ringgit.» Read More
The downgrade from Fitch came out earlier than the next scheduled review.
Ed Eyerman, managing director at Fitch Ratings, talks about the company's latest report, which warns investors on buying into European high-yield debt.
Bank inquiries have become a “way of life” in the UK, S&P says, after British lawmakers said they planned to investigate HSBC over tax evasion claims.
Andre De Silva, Head of Asia-Pacific Rates at HSBC, says the delay of a loan payment by state-owned investment fund 1Malaysia Development Berhad sets the stage for a downgrade in Malaysia's rating by Fitch.
Moody's Investors Service is under investigation by the U.S. Justice Department for some of its mortgage ratings, according to a report.
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says that if oil continues to stay at low levels, it would be a "negative catalyst" for Russia's economy.
S&P downgraded Russia's credit rating to junk. Frank Gill, senior director of European sovereign ratings at S&P, says the effect of the weak ruble on the banking sector was the reason behind this.
After more bad news, Brazil's embattled Petrobras will likely affect the wider fate of the Brazilian economy.
Moody's lowered Venezuela's rating from Caa3 to Caa1 on Monday as the country's default risk rises on plummeting oil prices.
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.
*Fitch and S&P have Russia one notch above junk. *Russia seeks to avert downgrade, says dangers exaggerated. The Fitch agency cut its rating on Russia to' BBB minus' from' BBB' on Friday, citing a significant deterioration in the country's economic outlook due to the slump in oil prices and falling value of the rouble.
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...
Fitch Ratings has downgraded Russia's long-term foreign and local currency issuer default ratings to BBB- from BBB.
Michael Kokalari, Head of Vietnam Research at CIMB, says corruption woes are opportunity costs for investing in Vietnam and later outlines the factors that are working in the economy's favor.
Moody's Investors Service on Tuesday cut Alaska's outlook to negative from stable, citing the recent oil price weakness.
Easing inflation and growth being one of the fastest in the region justify the central bank's decision to keep its key interest rate steady, says Amando Tetangco, Governor of Bangko Sentral ng Pilipinas.
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.
The Securities and Exchange Commission is pushing to suspend Standard & Poor's from rating commercial mortgage bonds, according to a report.
Falling oil prices have side-swiped Venezuela's government finances, spurring default concerns, but it isn't clear if contagion effects will emerge.
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.