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Showing 31 - 40 of 89 results for "BBB"

BRICs without BRI

BENJAMIN ONG  |  WEDNESDAY, 26 MAR 2014
... one the BRICs are now dinsintegrating. Standard & Poor's has just downgraded the B of the BRICs sovereign credit rating to BBB minus - the last grade before Brazil becomes no longer investment grade. "The downgrade reflects the combination of fiscal ...

Roast Turkey

BENJAMIN ONG  |  THURSDAY, 30 JAN 2014
... Turkey is rated BB+ ("highest speculative grade") by Standard & Poor's, BAA3 ("subject to moderate credit risk") by Moody's and BBB- ("good credit quality") by Fitch. I bet many would disagree with me on this but I have always admired then PM Mahathir ...

In praise of the gloom and doomers

BENJAMIN ONG  |  MONDAY, 13 JAN 2014

Asian bonds insulated from Cyprus turmoil

MARK SMITH  |  WEDNESDAY, 27 MAR 2013
... ratings from Standard & Poor's. Meanwhile, at the other end of the quality spectrum, Kazakhstan and India have ratings of BBB+ and BBB- respectively. Lunt added that even following a bumper 25% return from the Asian dollar bond index in 2012, she anticipates ...

Still the best game in town

BENJAMIN ONG  |  TUESDAY, 12 MAR 2013
... expected retail spending, industrial production and lending. Fitch Ratings slashed Italy's government debt rating from A-minus to BBB-plus with a negative outlook. And only yesterday, Reuters reported on the 13.1% plunge in Japanese machinery orders ...

Maybe next month

BENJAMIN ONG  |  MONDAY, 6 AUG 2012
... to dampen the markets' mood. Or is this another hit to credit raters' credibility? S&P cut Monte dei Paschi di Siena SpA to BBB-minus (one notch above junk) from BBB -- its share price surged by 6.0%. Banca Carige is no longer investment grade, reduced ...

More of the same

BENJAMIN ONG  |  MONDAY, 25 JUN 2012
... News that the European Central Bank (ECB) is expanding the range of securities and lowering the ratings threshold - down to BBB- from A- -- it'll accept as collateral in exchange for cash would keep market hopes alive again as trading commences this ...

QE hope - must be getting tough again?

BENJAMIN ONG  |  WEDNESDAY, 13 JUN 2012
... to anyone though. Too, markets were able to rally even after Fitch demoted Spain's sovereign credit rating by 3 notches to BBB from A with a negative outlook only last week (7 June). According to Fitch, "... Spain is expected to remain in recession through ...

Instant replay

BENJAMIN ONG  |  MONDAY, 30 APR 2012
... and the resignation of the Dutch government and Standard & Poor's two-notched downgrade of Spain's credit rating from A to BBB+ with a negative outlook. Methinks, it won't stop there. There'll be another slashing of Spain's rating down the track considering ...

The times, they're not a -changin'

BENJAMIN ONG  |  MONDAY, 16 JAN 2012
... the day when Standard & Poor's decided to go on a chopping spree. S&P lopped two notches off the credit grades of Italy (now BBB+), Spain (A), Portugal (BB) and Cyprus (BB+). No surprises here and the one-step downgrade of Malta (to A), Slovakia (A) ...