Moody's cuts Sony rating to one notch above junk

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Báo Tuổi Trẻ English 7 month(s) ago

Moody's cuts Sony rating to one notch above junk

TOKYO – Sony Corp's long-term debt rating was lowered one notch by Moody's Investor Service to the lowest investment grade level because of shrinking demand for its consumer electronics.

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Global economic recovery losing momentum: Moody's

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VietnamNet English 1 week(s) ago

Global economic recovery has lost momentum over the past three months, with several economies still facing significant challenges and are unlikely to resume "normal" growth rates soon, the investors service of international credit rating agency Moody's said on Wednesday.

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Moody's downgrades ratings of top Cypriot banks

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Báo Tuổi Trẻ English 2 month(s) ago

Moody's downgrades ratings of top Cypriot banks

Moody's downgraded Friday the credit ratings of Cyprus's top three banks to Caa3 as the country was considering bank account levies to secure an international bailout and avoid a collapse of its financial sector.

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China Jan FDI falls, reflects global firms' caution, cheaper rivals

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Báo Tuổi Trẻ English 3 month(s) ago

China Jan FDI falls, reflects global firms' caution, cheaper rivals

China's foreign direct investment inflows fell at their fastest rate in more than three years in January, highlighting the challenges it faces competing for funds with cheaper rivals in a sluggish global growth environment.

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Vietnam prepares to raise sovereign credit rating

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Báo Dân Trí English 3 month(s) ago

Vietnam prepares to raise sovereign credit rating

As part of a scheme to improve the country’s sovereign credit rating by 2020, the government has set a target of achieving a GDP per capita level of USD3,000.

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S&P faces US govt suit over mortgage bond ratings

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Báo Đầu Tư English 3 month(s) ago

S&P faces US govt suit over mortgage bond ratings

The US government plans to sue Standard & Poor's over its rating of mortgage bonds at the heart of the 2008 financial crisis, the agency said Monday, slamming the case as "entirely" groundless.

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Euro edges higher vs. dollar on Greece aid hopes

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Báo Đầu Tư English 6 month(s) ago

Euro edges higher vs. dollar on Greece aid hopes

The euro edged higher against the dollar in thin pre-holiday trade Wednesday as traders appeared optimistic a long-sought Greek aid deal was in reach.

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Moody's cuts Sony rating to one notch above junk

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Báo Tuổi Trẻ English 7 month(s) ago

Moody's cuts Sony rating to one notch above junk

TOKYO – Sony Corp's long-term debt rating was lowered one notch by Moody's Investor Service to the lowest investment grade level because of shrinking demand for its consumer electronics.

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Japan's NEC swings to first-half profit

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Báo Đầu Tư English 7 month(s) ago 1 related news

Japan's NEC swings to first-half profit

Japanese IT giant NEC on Friday booked a $100 million profit in its fiscal first half, reversing a year-ago loss, thanks to a boost in sales and cost-cutting.

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Chinese, US, Russian firms to set up ratings agency

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Báo Tuổi Trẻ English 7 month(s) ago 1 related news

Chinese, US, Russian firms to set up ratings agency

Chinese ratings agency Dagong said on Tuesday it was tying up with US and Russian partners to form a new "independent" group to rival US-based agencies it claims have "proven inadequate".

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Bonds jump into fashion due to yields

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Báo Đầu Tư English 7 month(s) ago

Bonds jump into fashion due to yields

Dong-currency government bonds are still attractive to investors despite a Moody’s downgrade thanks to their steadily rising yield.

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Central bank pledges crackdown on violations

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Báo Thanh Niên English 8 month(s) ago

Vietnam’s central bank vowed to crack down on violations stemming from small groups of shareholders who control Vietnamese banks, calling them the “biggest obstacle” to reforming the financial system.

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Europe advances towards single banking supervisor

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Báo Dân Trí English 7 month(s) ago

European Union leaders took a big stride towards establishing a single banking supervisor for the euro zone, agreeing it would enter into force next year, opening the way for the bloc's rescue fund to inject capital directly into ailing banks.

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BIDV delays share listing yet again

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VietNam News English 8 month(s) ago 1 duplicate news 1 related news

Bank for Investment and Development of Viet Nam (BIDV) has missed its listing debut in the third quarter because it failed to set a share price.

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Gold, platinum giants toughen stance over S.Africa strikes

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Báo Đầu Tư English 8 month(s) ago

Gold, platinum giants toughen stance over S.Africa strikes

Two of the world's top mining giants toughened their line against striking South African workers on Tuesday, with one threatening to sack employees and the other warning of plant closures if stoppages continued.

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