Breaking News about Moody's:

Moody's Q4 profit surges

Source: Business Balla | Feb 9 2013, 3:14am CST | by Luigi Lugmayr

Moody's Q4 profit surges
New York, Feb 9 (IANS) Global rating agency Moody's has reported that the company's net income jumped 66 percent in the fourth quarter of 2012 and predicted a strong revenue growth in 2013.
Read more

Read More Moody's Stories


Recent reform measures by the govt and RBI are credit positive: Moody's

Oct 30 2014 5:24am CDT | Source: Business Standard

Rating agency Moody's today said the recent reform measures by the government coupled with those unveiled by the Reserve Bank on the economic, fiscal and financial fronts, are credit positive as they will accelerate growth if succ ...
Full article at: Business Standard


Moody's welcomes India's policy steps, but wants to see more

Oct 30 2014 5:22am CDT | Source: Reuters India

MUMBAI (Reuters) - Moody's welcomed recent efforts by India's government and the Reserve Bank to boost economic growth and attract long-term investments, but said the measures would need to be sustained to have an actual impact on t ...
Full article at: Reuters India


Latest stories

OPEC daily basket price closes tad higher
Vienna, Nov 25 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed tad higher at $75.70 a barrel Tuesday compared to $75.42 Monday, the OPEC Secretariat said. | by IANS
Mothers of male chimps more sociable
New York, Nov 25 (IANS) In the male-dominated society of chimpanzees, mothers go the extra mile to make sure their male offspring get early social exposure. Researchers have found that mothers of sons are about 25 percent more social than the mothers of daughters. | by IANS
'Teenagers using anti-anxiety, sleeping pills to get high'
New York, Nov 25 (IANS) Doctors may inadvertently be creating a new generation of illegal, recreational drug users by prescribing anti-anxiety or sleep medications to teenagers, say University of Michigan researchers. | by IANS

Wonkblog: Why you can stop worrying about the national debt

Oct 29 2014 2:34pm CDT | Source: The Washington Post

So it's official: No one is worried about the U.S. debt anymore. Not even Moody's, one of the nation's top ratings agencies. In a report issued Wednesday, Moody's declared the government's finances "relatively healthy, having surpassed our prior expectations" for reducing the scary annual budget deficits that drove the debt to nearly $18 trillion and the highest level as a share of the economy since the end of World War II. Af ...
Full article at: The Washington Post


Moody's Keeps Negative Outlook for Indian Banking System Citing Bad Corporate Loans

Oct 29 2014 7:32am CDT | Source: IBTimes UK

The Indian banking system is still weak due to its high leverage in the corporate sector, Moody's ...
Full article at: IBTimes UK


REALITY CHECK: Euro Zone Debt Looks Unsustainable

Oct 26 2014 4:07pm CDT | Source: Business Insider

EARLIER this year it all looked so rosy. In April, just two years after Greece imposed the biggest sovereign-debt restructuring in history on its private creditors, it raised EUR3 billion ($4.2 billion at the time) in five-year bonds at a yield of less than 5%. In July its ten-year bonds were yielding less than 6% and their Spanish and Italian equivalents less than 3%, not far off Germany's. The troubled economies of ...
Full article at: Business Insider


Debt noose tightens around Edcon

Oct 26 2014 4:19am CDT | Source: Business Day

Edcon's debt squeeze appears to be getting tighter after ratings agency Moody's placed it ‘on review for a downgra ...
Full article at: Business Day


Moody's Downgrades Petrobras, Cites Inability To Pass Costs To Brazilian Consumers

Oct 21 2014 8:14pm CDT | Source: Forbes Real Time

Petrobras debt fairly secure by government, but that's not enough to stop Moody's from givi ...
Full article at: Forbes Real Time


'Govt's diesel deregulation signals fiscal discipline'

Oct 21 2014 4:51am CDT | Source: Business Today

"The decision to fully deregulate diesel prices signals fiscal discipline on the part of the sovereign, which we view as credit positive," Mo ...
Full article at: Business Today


Read More Moody's Stories



Latest from the Network

Pakistan PM heads to Nepal for Saarc summit
Islamabad, Nov 25 (IANS) Pakistani Prime Minister Nawaz Sharif left for Nepal Tuesday to attend the 18th Saarc Summit Nov 26-27, officials said. On the sidelines of the event, the Pakistani prime minister will meet...
Read more on Politics Balla
Fergie teaches son about Christmas
Fergie is teaching her son about Christmas. The 39-year-old singer is excited about the festive season and though she admits 14-month-old Axl Jack - who she has with husband Josh Duhamel - has ''no idea'' what is going...
Read more on Celebrity Balla
Vanessa Hudgens granted restraining order
Vanessa Hudgens has been granted a restraining order against an alleged stalker. The 'Spring Breakers' actress went to court after Junior Kabongo travelled from Africa to Los Angeles to meet her after sending her a...
Read more on Celebrity Balla
Paris Hilton cuddles big cats
Paris Hilton cuddled lions and tigers at a sanctuary in Mexico on Sunday (11.23.14). The 33-year-old reality star couldn't resist sharing several videos and photographs from her memorable trip to the Black Jaguar &...
Read more on Celebrity Balla
Lorde flirts with porn star
Lorde has been exchanging flirty tweets with a porn star. The 18-year-old singer - who has been following adult movie star James Deen on Twitter since last November - began chatting to him on the site after he posted...
Read more on Celebrity Balla
Robot sheds light on Antarctic sea ice
New York, Nov 25 (IANS) Using an underwater robot built by an Indian-American scientist, a team of international researchers has developed the first detailed, high-resolution 3-D maps of Antarctic sea ice. The...
Read more on Business Balla
Hope Saarc reduces India-Pakistan tensions: minister
Islamabad, Nov 25 (IANS) Pakistan hopes that Prime Minister Nawaz Sharif's participation in the Saarc Summit in Nepal will help reduce India-Pakistan tensions, Defence Minister Khawaja Asif said Tuesday. Asif said...
Read more on Politics Balla
12 killed in Egypt building collapse
Cairo, Nov 25 (IANS) At least 12 people were killed and seven injured early Tuesday when a building collapsed in Egypt's capital Cairo, media reported. Rescue teams are currently searching for survivors trapped under...
Read more on Politics Balla
New device may ease mammography discomfort
New York, Nov 25 (IANS) Researchers have developed a new device that may result in more comfortable mammography for women. According to them, standardising the pressure applied in mammography would reduce pain...
Read more on Business Balla
Indian batsmen among runs in practice game
Adelaide, Nov 25 (IANS) Five Indian batsmen got valuable match practice ahead of the first Test Down Under, hitting half-centuries as the team scored 363/8 in reply to Cricket Australia XI's first innings total of 219...
Read more on Sport Balla