Moody’s Investor Services, one of the top three credit rating agencies, just downgraded China. Specifically, China’s “long-term local currency and foreign currency issuer ratings”. The move took China’s rating from…
As Hong Kong’s traditional growth pillars teeter, the former British colony is becoming increasingly reliant on an old staple: banking. The economy is being squeezed by China’s weakest growth in…
China’s one-year interest rate swaps posted this year’s biggest monthly gain on speculation the scope for monetary easing will be reduced as the nation turns to fiscal measures to boost…