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UNBELIEVABLE: 17 - The Untold Story

These 28 housing markets just slipped into a historically sharp home price correction.

Fortune

GDP Growth: Moody's Cuts 2022 Growth Forecast For India To 7%

For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent. Read on for details:

Dynamite News

The Pandemic Housing Bust rocks bubbly markets like Phoenix

Some markets have gone straight from Pandemic Housing Boom to Pandemic Housing Bust.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Rating Agencies Cite ‘Cautious’ Positive Outlook for Lebanon after Maritime Demarcation Deal with Israel

The conclusions of two international credit rating agencies agreed on the initial positive outlook for Lebanon and its economy following its signing of the US-mediated sea border deal with Israel. “The agreement is credit positive for Lebanon because it establishes the necessary geopolitical security conditions for international energy companies to…

Asharq Al-Awsat

Fixing the economic mess left by Liz Truss is way beyond the ability of Boris Johnson

Analysis: Should he succeed in making a comeback, the former prime minister will have few tools available to overcome Britain’s problems

The Guardian - UK

Britain’s economic outlook lowered to ‘negative’, says Moody’s

Moody’s kept UK’s credit rating at Aa3

The Independent UK

UK economic outlook downgraded to 'negative' amid chaos after Liz Truss resignation

The ratings agency Moody's says the downturn is due to the political instability and high inflation in the aftermath of PM Liz Truss' resignation in a report published last night

Daily Mirror

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Political instability sees UK economic outlook downgraded by ratings agency

Moody’s said the change in outlook was driven by ‘heightened unpredictability in policymaking’.

Evening Standard

1 Stock You Shouldn't Wait on Right Now to Turn Around

Bed Bath & Beyond (BBBY) has struggled significantly this year because of its poor financials. Moreover, the company seems to be in deep trouble as it is reportedly looking to reorganize its debt. Furthermore, Moody’s recently downgraded its corporate-family rating. Therefore, investors should not wait for a turnaround in this…

StockNews.com

Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF

Jitters about market and UK economy remain

Evening Standard

Pakistan ‘strongly contests’ Moody’s ratings downgrade

Concerns are rising about Pakistan’s ability to pay for imports such as energy and food, and meet sovereign debt needs.

Al Jazeera

Flood-ravaged Pakistan contests ratings downgrade by Moody's

Pakistan is contesting a downgrade of its rating by Moody’s Investors Service, insisting it has adequate reserves and financing to repay foreign debt even after the worst flooding in its history

The Independent UK

China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

Financial Times

Moody’s warns against Kwarteng’s ‘unfunded’ tax cuts after IMF intervention

Global ratings agency questions ‘credibility of government’s fiscal strategy’ in stinging statement

The Independent UK

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Benzinga

Fosun International Sells Assets as Short-Term Cash Crunch Looms

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

Benzinga

Elon Musk Calls Out Moody's As 'Irrelevant' In Evaluating Tesla's Credit Rating

Tesla, Inc. (NASDAQ: TSLA) investors harbor a sense of disappointment over rating agencies giving junk status to their favorite company’s credit.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 10, 2022

Asharq Al-Awsat

Moody’s Projects Saudi Economy to Grow 3.9% by 2026

Moody’s credit rating agency has expected Saudi Arabia’s economy to register an average growth rate of around 3.9 percent during the period from 2022 to 2026. In an annual in-depth credit analysis report, it said the Kingdom’s credit strengths are derived from its robust government balance sheet, underpinned by moderate…

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Al Jazeera

Five things to know about the next US housing crisis

High home prices, scarcity and global uncertainty may be the perfect recipe for a US housing crisis, economists say.

Benzinga

Here's How Much $1000 Invested In Moody's 5 Years Ago Would Be Worth Today

Moody's (NYSE:MCO) has outperformed the market over the past 5 years by 7.8% on an annualized basis producing an average annual return of 16.94%. Currently, Moody's has a market capitalization of $50.02 billion.

AAP

Moody's affirms Australia's AAA rating

Treasurer Jim Chalmers has welcomed Moody's affirmation of Australia's AAA credit rating.

France 24

NATO to invite Finland and Sweden to join after Turkey lifts objections

NATO leaders will formally invite Finland and Sweden to join the alliance Wednesday after the two Nordic countries reached an agreement with Turkey, NATO chief Jens Stoltenberg said Tuesday. Turkish President Recep Tayyip Erdogan’s office said Helsinki and Stockholm agreed “to cooperate fully with Turkey in its fight” against the…

Asharq Al-Awsat

Ratings Firm Moody’s to Shut Moscow Office at End of Month

Credit rating firm Moody's will formally shut its office in Russia's capital Moscow at the end of the month, sources told Reuters, with staff either being cut or relocated elsewhere. Western sanctions mean the main USand European-based rating agencies Moody's, S&P Global and Fitch have all suspended their operations in…

AAP

House price falls won't help affordability

Falling house prices won't help housing affordability because interest rates are on the rise, global credit agency Moody's Investors Service has warned.

Benzinga

Analyzing Moody's's Short Interest

Moody's's (NYSE:MCO) short percent of float has risen 14.81% since its last report. The company recently reported that it has 3.43 million shares sold short, which is 1.86% of all regular shares that are available for trading.

1 … 16 17 18 19

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