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Showing 41 - 50 of 96 results for "Fitch Ratings"

Greed is good

BENJAMIN ONG  |  THURSDAY, 11 AUG 2011
... Standard & Poor's did to the USA that did it. The powers that be - Standard & Poor's, Moody's Investors Service and Fitch Ratings - later denied the rumour and re-affirmed France's 'AAA' rating. And so...we've come full circle back to the days of the ...

The other Greece

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2011
... Greece would eventually default. So what's still the point of issuing statements like these? And another thing, Fitch Ratings has already jumped the gun on S&P, it issued a similar assessment two weeks ago. That's the other "duh"! Oh and about that warning ...

Market Wrap - Morning

AAP  |  MONDAY, 30 MAY 2011
... ahead of the long-weekend break. They said the news was negative -- a slowdown in US consumer spending growth, a Fitch ratings outlook downgrade from Japan and the Greek government's failure to win opposition support for yet more austerity measures. ...

Just replace because with despite

BENJAMIN ONG  |  THURSDAY, 26 MAY 2011
... 15th consecutive quarterly fall. "Despite" also saves the day for Europe. Eurozone equities rebounded "despite" Fitch Ratings warning that, "The worst consequence of any Greek sovereign default for German and other European banks would be a sharp increase ...

Market Wrap - Midday

AAP  |  MONDAY, 23 MAY 2011
... because of lower earnings forecasts from US companies. Concerns about European sovereign debt also worsened after Fitch Ratings cut Greece's credit ratings by three notches to B-plus, and Standard & Poor's lowered Italy's credit rating outlook from stable ...

Market Wrap - Morning

AAP  |  MONDAY, 23 MAY 2011
... Since 1700 AEST on Friday, the local unit has traded between 106.10 US cents and 107.11 cents. On Friday night, Fitch Ratings Agency slashed Greece's credit ratings by three notches to B+ due to the massive challenges of correcting the country's finances ...

Market Wrap - Midday

AAP  |  FRIDAY, 15 APR 2011
... banking news, reports from the UK said NAB head Cameron Clyne was looking closely at expansion in the UK, while Fitch Ratings has affirmed its ratings for Australia's big four banks. At 1200 AEST, the spot price of gold in Sydney was $US1,476.70 per ...

UBS head of credit research joins QIC

MEDIA RELEASE  |  TUESDAY, 24 AUG 2010
... head of credit research, Asia Pacific. He has more than 10 years experience in credit with UBS GAM, Westpac and Fitch Ratings. QIC GFI has more than 20 investment professionals in its team. It manages a range of fixed interest strategies ranging from ...

Down on old news

BENJAMIN ONG  |  THURSDAY, 1 JUL 2010
... Wake up! This is ancient news. Standard & Poor's downgraded Spanish debt from AAA to AA way back in January 2009. Fitch Ratings chopped Spain's rating to AA+ last May. And at the time, I already thought that Fitch was "too late the hero". For sure, there ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUN 2010
... closed lower on Wednesday, as investors worried about whether Europe would be able to tackle its debt woes after Fitch Ratings said Britain faced a "formidable" fiscal challenge. The benchmark Nikkei 225 index ended down 98.81 points, or 1.04 per cent ...