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China hits back at S&P’s ‘mistaken’ credit downgrade

1 year, 24 days ago
BEIJING: China on Friday lashed out at the decision by Standard & Poor's to downgrade the country's credit rating, calling the warning against ballooning debt "mistaken" and based on "cliches" about its economy. The agency slashed…

ADB upgraded BISP rating from A to A+: Marvi Memon

2 years, 20 days ago
ISLAMABAD: Minister of State and Chairperson Benazir Income Support Program (BISP) MNA Marvi Memon on Monday said BISP has successfully achieved Disbursement Linked Indicators (DLIs) under World Bank, DFID and Asian Development Bank (ADB)…

Moody’s downgrades Saudi Arabia credit rating

2 years, 5 months ago
RIYADH: Saudi Arabia suffered another cut to its credit rating on Saturday as Moody's Investors Service downgraded the kingdom along with Bahrain and Oman because of the slump in oil prices.

Moody's threatens to downgrade Greece

3 years, 8 months ago
WASHINGTON: Moody's placed Greece's credit rating on review for a downgrade Friday, citing "high uncertainty" about the country's talks with creditors.