Tag: credit ratings

• Thursday, August 11th 2011 - 06:31 UTC

  Three credit rating agencies confirm France as triple-A with stable outlook

  

  Moody’s, Standard & Poor's (S&P) and Fitch confirmed Wednesday that France still rates as a triple-A country with a stable outlook. The comments came in response to market rumours of a French sovereign credit rating downgrade, which hit French bank stocks.

• Thursday, July 7th 2011 - 06:58 UTC

  Spending spree of local governments reflects in Chinese banks bad debts

  

  Bad debts held by local governments in China are a far bigger problem than first estimated, credit ratings agency Moody’s warned on Wednesday.