The ratings agency expressed concern about the potential cost to Beijing of bailing out debt-burdened local governments.
Tag: Credit Ratings and Credit Rating Agencies
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Corporate America Has Dodged the Damage of High Rates. For Now.
Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.
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Moody’s Changes U.S. Credit Outlook to ‘Negative’
Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction.
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Greece, Battered a Decade Ago, Is Booming
It is one of Europe’s fastest-growing economies, and while investors and tourists are flocking to the country, memories of austerity measures are still fresh for Greeks.
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‘Vindicating’: An Analyst Who Lowered the U.S.’s Credit Rating in 2011 on Fitch’s Downgrade
Nikola Swann played a key role at S&P when the agency became the first to strip America of its top ranking in 2011.