Credit Rating

24 Feb 2013

In a rebuff to London's hopes that sharp spending cuts would both gradually eliminate the deficit and give growth a boost, Moody's rating agency cut Britain's grade by one notch to Aa1.

Business Digest, February 7, 2013

7 Feb 2013

Hong Kong and Shanghai-listed China Cosco Holdings could face a revolt by minority shareholders in China as it risks being delisted from the Shanghai stock exchange when it posts its third net...

Junk rating for bleeding Sony and Panasonic

23 Nov 2012

Sony and Panasonic, the Japanese electronics makers reeling from record losses, have had their long-term credit ratings downgraded to junk by Fitch Ratings, citing a weak recovery in the...

French rate cut could hit eurozone rescue fund: Moody's

20 Nov 2012

The rating agency Moody’s said on Tuesday that it was studying the impact of its cut of France’s top credit notation on the triple “A” ratings of eurozone rescue funds that are underpinned in part...

S&P cuts credit rating for Santander and Bilbao Vizcaya Argentaria banks

17 Oct 2012

Standard & Poor's cut its credit ratings on Banco Santander and Banco Bilbao Vizcaya Argentaria, Spain's biggest lenders, along with nine other banks after lowering the country's sovereign...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Asset worries see Minsheng Bank take a tumble

The price of China Minsheng Bank shares fell yesterday on news that two brokerage houses had downgraded its ratings over concerns of deterioratin

Hong Kong regulator goes after CEO in jail

A Hong Kong court has given the Securities and Futures Commission permission to serve a lawsuit on former China Forestry chief executive Li Hanchun, currently being detained on the mainland.

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Logging firm's chief sued over share sale

The Securities and Futures Commission is suing the chief executive of mainland company China Forestry in an attempt to freeze the proceeds of a questionable share sale he carried out just days...

Moody's upgrades display confidence in HK and mainland

Rating agency Moody's Investors Service has upgraded the government bond ratings of Hong Kong and the mainland, signalling their ability to contain possible losses from a credit boom.

Hutchison credit rating may face downgrade on bond issuance plan

Hutchison Whampoa's credit rating is under review for possible downgrade by Moody's Investors Service, which cited a plan by a Hutchison subsidiary to issue guaranteed perpetual capital securities...

Country Garden to sell debt for bond buy-back

Guangdong-based developer Country Garden Holdings plans to issue senior notes to buy back convertible bonds and finance property projects in its second debt-selling exercise this year.