Philippines’ credit ranking raised by Moody's
On the 29th of October, Moody’s Investor Service informed that it had upgraded the credit ranking of the Republic of the Philippines, which is now closer to investment grade stat
Moody’s negative cuts on Germany, Netherlands and Luxemburg
A-rated Germany, The Netherlands and Luxemburg outlooks have been lowered by the Moody’s Investor Service to negative from stable. Moody’s negative cuts aim at highlighting the
Dow Responds to U.S Downgrade By Plunging Over 600 Points
In response to Standard & Poor’s first-ever downgrade on the outlook for the U.S economy from a triple-A rating to AA+, the Dow Jones Industrial Average reacted dramatically
Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk
Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt rating to junk st
Euro, European Markets fall on fears of Greece Ditching the Euro
The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related worries regarding an impending financial recession and specula
