Growth in Chinese debt prompts S&P downgrade and takes Hong Kong with it

Concerns over the swelling levels of Chinese debt which now stand at 260% of GDP has…

Indian economy to increase growth to 8%, predicts Moody’s

The Indian economy will grow by 7.5% this year  and 7.7% in 2018, the global ratings agency…

Moody’s downgrades Chinese economy for first time since 1989

Chinese economy: Moody’s Investors Service yesterday downgraded China’s sovereign credit rating for the first time since…

Russian credit rating edges upwards as Moscow keeps budget deficit in check

Russian credit rating: With its economy moving up through the gears and the government in Moscow…

Moody’s upgrades outlook for Russia and China but downgrades Turkey

Moody’s Investors Service yesterday revised upwards its  macro outlook  for Russia and China,  but forecast that…

Fitch downgrades Kazakhstan

Fitch downgrades Kazakhstan: Fitch Ratings has downgraded Kazakhstan’s long-term foreign currency Issuer Default Rating (IDR) from…

Moody’s downgrades Kazakhstan credit rating on effect of oil price drop

Kazakhstan credit rating: Moody’s Investors Service has downgraded the issuer and senior unsecured ratings of the Government of…

New Russian credit ratings laws prompts Moody’s to shut up shop

Moscow’s decision to  introduce new Russian credit ratings laws  prompted Moody’s to announce yesterday that it is…

Moody’s to review Russia’s ratings

Russia’s ratings: The fall in oil prices and the overall state of the country’s economy has…

Fitch downgrades Azerbaijan’s credit rating to junk status

Azerbaijan’s credit rating was cut from BB+ to BBB-  by Fitch Ratings late last week as the…

Russian rating agency to be launched as Moscow reacts to downgrades

Moscow is launching  a Russian rating agency in a bid to counterbalance the negative effect of the persistent downgrades that…

Rusal chief joins in chorus of doom surrounding Russian economy

Russia won’t hit the bottom of its current recession until the middle of next year,  according to aluminium giant…

Moody’s downgrades Russia by a point

Moody’s downgrades Russia: Russia’s GDP will shrink by 4% this year instead of the 3% previously forecast, the vice-president…

Russian rating agency ready by year end – Vnesheconombank

Russian rating agency: Russia will have its own national rating agency up and running by the…

Banks consider setting up Russian credit rating agency

Russian credit rating agency: As Western rating agencies continue to downgrade the creditworthiness of  Russia and her…

Fitch Ratings holds Russia at BBB- but upgrades forecast

The Fitch Ratings agency last week affirmed  Russia’s long-term foreign and local currency rating at BBB-, but…

Some Russian regions close to bankruptcy, claims Standard & Poor’s

Several Russian regions are on the verge of bankruptcy, but central government is in denial, the international  rating…

Fitch affirms Kazakhstan’s BBB+ ‘stable’ rating as Astana rides economic storm

 Fitch Ratings has confirmed Kazakhstan’s e credit rating at BBB + with a “stable” outlook, reflecting…

New BRICS rating agency under discussion as Russia takes over presidency

BRICS rating agency: Technocrats from Brazil, Russia, India, China and South Africa are discussing the possibility of…

Moody’s downgrades Gazprom and 13 more Russian companies

 Moody’s downgrades Gazprom:  Within hours of downgrading a number of Russian regions and cities, Moody’s international rating  agency announced…

Moody’s downgrades eleven Russian regions, four cities and three companies

Moody’s downgrades eleven Russian regions: Moody’s yesterday downgraded the ratings of 11 Russian regions, four cities…

Standard & Poor’s downgrades 20 Russian banks

Standard & Poor’s downgrades 20 Russian banks: Rating agency Standard & Poor’s has downgraded Alba Alliance, Vneshprombank, Zapsibkombank,…

Moody’s downgrade of Russia politically motivated, claims Finance Minister Siluanov

Moody’s downgrade of Russia from  Ba1 from Baa3 was based on “factors of a political character,”  and on “extremely…

Moody’s downgrades Russia’s credit rating to “speculative”

Moody’s downgrades Russia: The international credit rating agency Moody’s  has downgraded Russia from Baa3 (investment)  to  Ba1…