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Showing posts with label Standard and Poor's. Show all posts
Showing posts with label Standard and Poor's. Show all posts
S&P Says Ratings Moves Reflect Asian Banks' Stability - WSJ.com
S&P Says Ratings Moves Reflect Asian Banks' Stability - WSJ.com
"HONG KONG—Standard & Poor's Ratings Service said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia."
"HONG KONG—Standard & Poor's Ratings Service said its downgrade of six of the biggest U.S. financial institutions and upgrade of two Chinese banks captures what it believes is a fundamental shift in the global banking landscape in favor of Asia."
Wall Street sinks after S&P downgrade | Reuters
Wall Street sinks after S&P downgrade | Reuters: "(Reuters) - Stocks tumbled on Monday, the first session after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, further unnerving already-skittish investors."
China tells U.S. good old days of borrowing are over | Reuters
China tells U.S. good old days of borrowing are over | Reuters: "(Reuters) - China bluntly criticized the United States on Saturday one day after the superpower's credit rating was downgraded, saying the 'good old days' of borrowing were over."
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