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Moody's sees negative ratings trend for Asian firmsBy Kevin Lim SINGAPORE (Reuters) - Defaults by Asian companies are likely to rise this year as the economic environment deteriorates and as credit becomes tighter with European lenders reducing their exposure ... Read more...UPDATE 2-Moody's sees negative ratings trend for Asian firms* Credit becoming tighter as European banks retreat * Chinese developers, refining and tech firms vulnerable * India, Korea may suffer from weak or volatile FX * Sanguine on Asian bank ratings (Adds comments ... Read more...Negative ratings trend seen for AsiaSINGAPORE -- Defaults by Asian companies are likely to rise this year as the economic environment deteriorates and as credit becomes tighter with European lenders reducing their exposure to the region, ratings agency Moodys Investors Service said yesterday. Read more...Smaller online retailers find successHarold Pollack used to spend $1,000 a year on Amazon, but this fall started buying from small online retailers instead. The prices are higher, but Pollack says he now has a clear conscience. Read more...Roller Coaster Ride Likely to Continue on Gas PricesWhy do gasoline prices seem to be higher in Moore County than most of its neighboring counties? Read more... |
