Tag: Credit Ratings and Credit Rating Agencies

China’s Rising Debt Spurs Moody’s to Cut Credit Outlook

Moody’s, the credit rating agency, said Tuesday that it had issued a negative outlook for the Chinese government’s financial health. In dropping its outlook from stable, Moody’s expressed concern at the potential cost to the national government of bailing out debt-burdened regional and local governments and state-owned businesses. Moody’s warned that the Chinese economy seems […]

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Corporate America Has Dodged the Damage of High Rates. For Now.

The prediction was straightforward: A rapid rise in interest rates orchestrated by the Federal Reserve would confine consumer spending and corporate profits, sharply reducing hiring and cooling a red-hot economy. But it hasn’t worked out quite the way forecasters expected. Inflation has eased, but the biggest companies in the country have avoided the damage of […]

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Greece, Battered a Decade Ago, Is Booming

Paris Skouros pointed toward the sky outside his office in Athens on a recent weekday. In the past six months, four high-rises had sprung up, built by Greek and international builders to be sold for use as tourist rentals, foreign real estate investments and company offices. Farther afield, a fresh crop of new buildings dotted […]

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