Sovereign credit rating: Is it necessary for Nepal? Foreign direct investment (FDI) and foreign loans are the necessary means for achieving higher growth and development in both developed countries and developing / low-income countries. Opinion 29 Sep, 2021
Greece: debt upgrade reflects rising investor confidence ATHENS, GREECE: Greece says a two-notch upgrade of its debt rating by Moody's Investors Service is a sign of renewed investor confidence in the country's economy. The finance ministry said in a statement Saturday that "reforms have started to... 03 Mar, 2019
Rio state declares financial emergency, requests funding for Olympics Rio de Janeiro's governor declared a state of financial emergency Friday and requested federal funds to help fulfill obligations for public services during the Olympics that start Aug. 5. Emergency measures are needed to avoid "a total collapse... 18 Jun, 2016
US debt rating WASHINGTON: Fitch Ratings affirmed the United States’ top-flight debt rating on Tuesday, saying the world’s largest economy remains strong and supported by having the leading reserve currency. The country’s 2.4 per cent growth rate last year,... 14 Apr, 2016
S&P cuts VW rating PARIS: The international credit rating agency Standard and Poor’s (S&P) on Monday cut the long-term debt rating of German auto giant Volkswagen (VW) in the wake of the pollution-cheating scam involving its diesel vehicles. S&P said in a... 13 Oct, 2015
Spain�s credit rating MADRID: Standard & Poor’s (S&P) raised Spain’s debt rating on Friday by one notch to BBB+, lauding government labour market reforms that improved the country’s economic prospects, handing Prime Minister Mariano Rajoy a fillip a day after... 04 Oct, 2015
Greece debt rating LONDON: Moody’s has maintained its deep junk ‘Caa3’ credit rating for Greek government debt, but has upgraded its outlook following recent political breakthroughs. “Moody’s Investors Service has today confirmed Greece’s government bond... 27 Sep, 2015
S&P upgrades Cyprus NICOSIA: Ratings agency Standard & Poor’s (S&P) has upgraded Cyprus’ government debt rating by one notch to BB- after the country eliminated limits on money transfers and following improvements in the economy and budget. The agency on... 27 Sep, 2015
France debt rating WASHINGTON: Moody’s cut France’s sovereign debt rating one notch to Aa2 on Friday, saying the country will struggle with slow growth and a high debt burden for the next five years. “The current economic recovery in France has already proven to... 20 Sep, 2015
Russia to launch credit rating agency MOSCOW, July 24 Russia’s central bank said on Friday it would launch a new credit rating agency by the end of the year in an apparent bid to rival US firms that recently downgraded the country’s sovereign debt. Moscow slammed the decisions... 25 Jul, 2015
China stock bounce lifts Asian markets, but Greek crisis weighs HONG KONG: Asian shares rose on Tuesday after Chinese stocks broke a punishing three-day losing streak, but gains were capped by fears they could go into freefall again and as investors nervously awaited further developments in the deepening euro... 30 Jun, 2015
JAL shares dive 81 percent on bankruptcy fears TOKYO: Japan Airlines shares plunged more than 80 percent Wednesday, with analysts warning they may become almost worthless as investors rush for the exit ahead of an expected bankruptcy filing. The market value of the once-venerable flagship carrier... 13 Jan, 2010
