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Business 13 Jul 2011 | 12:00 AM

Moody's cuts Ireland's rating to junk

BRUSSELS: Moody's Investors Service on Tuesday downgraded Ireland's government bond ratings to junk, dealing a further blow to the eurozone as it struggles to contain a worsening debt crisis.

Business 13 Jul 2011 | 12:00 AM

Moody’s red flag report rocks listed China firms

HONG KONG: Moody's ratings agency's warnings about accounting and corporate governance risks at dozens of Chinese companies are further dampening market sentiment already fragile because of Europe's debt woes, sending Hong Kong-listed shares plunging.

Business 08 Jul 2011 | 12:00 AM

Moody’s slashes state-backed debt rating

LISBON: The state-backed debt issued by four Portuguese banks suffered a sharp downgrade yesterday by Moody's rating agency two days after it downgraded Portuguese national debt to junk status.

Business 06 Jul 2011 | 12:00 AM

Moody's downgrades Portugal on fear of 2nd bailout

LISBON, Portugal: Ratings agency Moody's downgraded Portugal's government debt on Tuesday, citing growing risks the country will require a second rescue package because it cannot meet its debt reduction targets.

Business 06 Jul 2011 | 12:00 AM

US stock rally stalls as Moody's cuts Portugal rating

NEW YORK: The first week of July is off to a much slower start than the last week of June, when stocks had their biggest gains in two years.

Business 29 Jun 2011 | 12:00 AM

Moody’s cuts Toyota rating

TOKYO: Moody's cut its credit rating on Toyota Motor Corp by one notch yesterday and will keep it on review for possible further downgrade, saying it will take time for the automaker to return to stable earnings.

Business 28 Jun 2011 | 12:00 AM

Moody’s: Japan fiscal reform delay credit negative

TOKYO: The failure of Japan's government to meet a self-imposed June 20 deadline for announcing a long-term fiscal plan for the indebted country is a negative development, the ratings agency Moody's said.

Business 24 Jun 2011 | 12:00 AM

Moody’s sees stable outlook for banking system

KUALA LUMPUR: Moody's Investors Service sees a stable outlook for the Malaysian banking system over the next 12 to 18 months as a supportive operating environment and comfortable capital levels outweigh concerns over high household leverage and increasing margin pressure from competition.

Business 21 Jun 2011 | 12:00 AM

Milan stocks down sharply after Moody's warning

MILAN (AP) - The Milan stock exchange closed down sharply Monday after ratings agency Moody's warned it may reduce Italy's credit rating and eurozone finance ministers failed to reach a deal on an immediate bailout for Greece.

Business 09 Jun 2011 | 12:00 AM

Moody’s UK rating still stable

LONDON: The outlook for Britain's prized triple-A credit rating remains stable but weaker growth and slippage in the government's fiscal plans could lead to a reassessment, credit ratings agency Moody's said yesterday.