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Showing 21 - 30 of 38 results for "AAA credit rating"

Off the cliff and into the ceiling

BENJAMIN ONG  |  TUESDAY, 15 JAN 2013
... August of that year due to the impasse on the budget ceiling and Standard & Poor's took away one A from America's AAA credit rating. This time it's complicated by the Republicans wanting to tie spending cuts - they've already compromised on Obama's tax ...

Political punch trading greatest risk to US economy

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... blocked the route to raising the debt ceiling. As a result, ratings agency Standard & Poor's cut the US's coveted AAA credit rating. With the election thought to be one of closest contests since George W Bush beat Al Gore in 2000, many political commentators ...

Poisoned chalice awaits next US president

MARK SMITH  |  FRIDAY, 2 NOV 2012
... domestically and overseas - appears to be exaggerating the impact of the race." Standard & Poor's downgrade of the US's AAA credit rating sparked a global stock market sell-off in August 2011. Another danger is that the announcement of further quantitative ...

Food is the new Europe

BENJAMIN ONG  |  TUESDAY, 24 JUL 2012
... borrowing costs and austerity measures.... and contagion. Moody's lowered Germany, the Netherlands and Luxembourg's Aaa credit rating outlooks to negative due to "rising uncertainty" over the debt crisis. Yes, the song remains the same. But thanks or ...

Perfect timing for a "perfect storm" alert

BENJAMIN ONG  |  FRIDAY, 13 JUL 2012
... crisis, the Arab Spring (and surging oil prices), the Japanese tsunami/nuclear reactor meltdown, the US losing its AAA credit rating, North Korea, Iran, etc. - at 1334.8 points, the S&P 500 index remains nearly double what it was three years ago. Is ...

Priced in

BENJAMIN ONG  |  TUESDAY, 17 JAN 2012
... Standard & Poor's was at it - slashing - again last night. After lopping off one A out of France's and Austria's AAA credit rating at the end of last week, it did the same for the European Financial Stability Fund (EFSF). According to S&P: "We consider ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 JAN 2012
... investors cheered news that international ratings agency Standard & Poor's had maintained Germany's hard-won AAA credit rating. Milan was up by 1.4 per cent and Madrid was essentially unchanged. In foreign exchange trades, the euro was unchanged at $US1.2677. ...

Chinalising Europe

BENJAMIN ONG  |  THURSDAY, 15 DEC 2011
... ask me. Ratings downgrade speculation. The latest one being that Standard & Poor's is about to slash France's AAA credit rating. Although it did not happen overnight, statements by French authorities and the ECB before "the fact" suggests it could (will?) ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... rate on French debt bonds and possibly slowing growth could meanwhile have a negative effect on France's top AAA credit rating but not immediately, Moody's warned on Monday. Nevertheless France successfully placed seven billion euros ($A9.5 billion) ...

Prettiest of them all

BENJAMIN ONG  |  MONDAY, 21 NOV 2011
... concerns remained in the September quarter as the world worried over the first downgrade in 70 years of America's AAA credit rating and the European sovereign debt crisis and their plan. Now in the final quarter of the year 2011, global growth concerns ...