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Moody's cuts key GCC debt ratingsMoody's Investors Service cut its debt ratings for Saudi Arabia, Oman and Bahrain on Saturday while assigning negative outlooks to three neighbouring states - UAE, Kuwait and Qatar - as low oil prices continue to undermine government finance More… |
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Moody's cuts Japan debt ratingsMoody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door political leadership that has hampered effective economic strategie More… |
