Islamabad [Pakistan], October 8 (ANI): The New York-based credit rating agency Moody's Investors Service has downgraded Pakistan's local and foreign currency and senior unsecured debt ratings to Caa1 from B3, citing increased government liquidity and external vulnerability risks and higher debt sustainability risks, local media reported.
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
Islamabad [Pakistan], July 30 (ANI): Former prime minister and Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan on Friday said that Pakistan is getting weaker after the country's Chief of Army Staff General Qamar Javed Bajwa sought help from the US to secure an early loan dispersal from the International Monetary Fund.
Islamabad [Pakistan], July 29 (ANI): Pakistan is already staring down an economic nightmare and amid this more troubling news keeps coming as IGI Securities Ltd, one of the leading securities firms in Pakistan, said that the Pakistani rupee may slump further to 275 per dollar, media reports said.
Mumbai [India], January 4 (ANI): Moody's Investors Service on Tuesday assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds to be issued by Reliance Industries Limited (RIL). The outlook on the rating is stable.
Hong Kong, Sep 20 (ANI): India's recent reforms are credit positive for telecom companies including Bharti Airtel and Reliance Jio Infocomm Ltd (RJIL) because they free up cash flow for reinvestment, enable further investment in next-generation technologies and provide support for a three private plus one state-owned telecom operational structure, Moody's Investors Service said on Monday.
Singapore, September 6 (ANI): Moody's Investors Service has said Bharti Airtel Ltd's board approval to raising fresh capital through a rights issue of up to Rs 21,000 crore is credit positive.