Ratings agencies downgrade U.K.'s credit score following 'seminal' Brexit vote
Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week's vote to leave the European Union will hurt its economy. Standard & Poor's stripped Britain of its last remaining top-notch credit rating, ...
Fitch cuts outlook on government debt in wake of tax hike delay
Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country's fiscal reform goal following another delay in the consumption tax hike. "The outlook revision primarily reflects Fitch's decreased confidence in ...
After rough bond performance, Toshiba seen facing more capital hits
Toshiba Corp.'s bonds were Japan's biggest losers this month, and the worst may not be over in the nation's latest accounting scandal. The company's 1.68 percent debt maturing in 2020 lost 1.45 percent in July, the most among 621 yen-denominated corporate issues in a Bank ...
