Standard & Poor`s

S&P says downgraded China as credit growth still too fast

China`s finance ministry said the downgrade was "a wrong decision" that ignored the economic fundamentals and development potential of the world`s second-largest economy.

Sep 22, 2017, 16:27 PM IST

S&P downgrades China, says rising debt is stoking economic, financial risks

S&P had said in June there was a "real" chance of a downgrade and a decision would be made based on whether China is able to move away from a credit-driven growth strategy. The demotion follows a similar move by Moody`s Investors Service in May. 

Sep 21, 2017, 15:10 PM IST

S&P, Fitch downgrade UK credit rating after Brexit

S&P said the the referendum result to leave the European Union could lead to "a deterioration of the UK's economic performance, including its large financial services sector".

Jun 28, 2016, 00:32 AM IST

S&P lowers China outlook to negative

Ratings agency Standard & Poor`s (S&P) cut its outlook on China from stable to negative on Thursday, warning that economic rebalancing was taking longer than expected

Mar 31, 2016, 17:17 PM IST

S&P downgrades Japan`s sovereign credit rating

Ratings agency Standard & Poor`s on Wednesday downgraded its sovereign credit rating on Japan by one notch, saying the government had little chance of turning round the economy or weak inflation in the coming years.

Sep 16, 2015, 17:58 PM IST

Standard & Poor`s raises Greece`s credit rating to CCC+

Standard & Poor`s on Tuesday raised Greece`s credit rating by two notches to CCC+ after the debt-laden country began paying billions of euros to its creditors and reopened its banks.

Jul 22, 2015, 07:03 AM IST

S&P cuts Greece rating after referendum called

Standard & Poor`s downgraded Greece`s credit rating deeper into junk territory on Monday, saying the government`s decision to hold a referendum on creditor proposals brought it closer to default.

Jun 30, 2015, 01:57 AM IST

S&P downgrades Ukraine credit rating by one notch to CC

Ratings firm Standard & Poor`s cut Ukraine`s credit rating by one notch Friday due to its intentions to restructure its foreign debt.

Apr 10, 2015, 23:35 PM IST

S&P to pay $1.37 bn in mortgage bond cases: Sources

Standard & Poor`s is expected to agree within days to pay $1.37 billion to settle lawsuits over its rosy grading of mortgage bonds in the financial crisis, sources told AFP Wednesday.

Jan 28, 2015, 22:39 PM IST

Tesco debt cut to junk by Standard & Poor`s

Britain`s Tesco suffered a fresh blow Wednesday as Standard & Poor`s became the second ratings agency after Moody`s to slash the troubled supermarket`s debt to junk status, despite its turnaround plans.

Jan 14, 2015, 23:34 PM IST

S&P downgrades Venezuela over default risk

S&P predicted the Venezuelan economy would contract by up to 3.5 percent this year.

Sep 17, 2014, 09:04 AM IST