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The US lost its last triple-A credit rating from Moody's on Friday

The 'triple A' sovereign bond club has shrunk

The group of governments whose bonds get the highest ranking just got smaller, after the US lost its last triple-A credit rating from Moody's.

Business • 19 May

The downgrade came outside of Moody's regular review schedule for France

Moody's hands France surprise downgrade over its finances

Credit ratings agency Moody's has unexpectedly downgraded France's rating, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the strained public finances.

Business • 16 Dec 24

The upgrade for Permanent TSB is the first from Moody's since September 2022

Moody's upgrades Permanent TSB's long-term rating

Ratings agency Moody's has upgraded Permanent TSB's long-term rating to A1 from A2 and Permanent TSB Group Holdings' long-term rating to Baa1, up from Baa2.

Business • 27 Sep 24

China's post-Covid recovery has been hampered by weak consumer and business confidence, a persistent housing crisis, record youth unemployment and a global slowdown

Moody's downgrades outlook on China credit rating

Ratings agency Moody's has today downgraded the outlook on China's credit rating to "negative" from "stable" on the back of rising debt in the world's second-largest economy.

Business • 05 Dec 23

S&P Global has warned that funding risks and weaker profitability will likely test the US banking sector's credit strength

S&P downgrades US banks due to 'tough' conditions

S&P Global has cut credit ratings and revised its outlook for multiple US banks, following a similar move by Moody's, warning that funding risks and weaker profitability will likely test the sector's credit strength.

Business • 22 Aug 23

The agency also gave Ireland a stable outlook

Moody's upgrades Ireland's credit rating again

Ratings agency Moody's has upgraded Ireland's sovereign credit rating.

Business • 22 Apr 23

Moody's expect wholesale power prices to remain at historically high levels in the medium term in Europe

European energy prices to remain high - Moody's

European power prices are likely to remain high in the medium term, Moody's Investors Service said in a report today, citing technical problems at French nuclear plants, low water levels after droughts and risks to gas supplies.

Business • 16 Nov 22

This is the first time Moody's has upgraded PTSB to investment grade category since its first rating of the company in 2016

Moody's upgrades Permanent TSB to investment status

Moody's ratings agency has upgraded Permanent TSB Group Holdings rating by two notches to Baa2, with a positive outlook.

Business • 21 Sep 22

Moscow said yesterday there were 'no grounds to call this situation a default'

Moody's says Russia defaulted on debt

Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100m in interest payments.

Business • 28 Jun 22

Moody's also maintained Ireland's short-term rating at the highest level

Moody's upgrades Ireland sovereign credit rating to A1

Ratings agency Moody's has upgraded its sovereign credit rating for Ireland from A2 to A1 with a positive outlook.

Business • 09 May 22

Russia may be considered a default under Moody's definition if not cured by 4 May

Russia may be in default - Moody's

Moody's said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow's exclusion from the Western financial system since President Vladimir Putin's invasion of Ukraine.

Business • 15 Apr 22

Fitch and Moody's have downgraded Russia by six notches to 'junk' status

Fitch, Moody's slash Russia's sovereign rating to junk

Ratings agencies Fitch and Moody's downgraded Russia by six notches to "junk" status, saying Western sanctions threw into doubt its ability to service debt and would weaken the economy.

Business • 03 Mar 22

It is the first change on Ireland by Moody's since 2017

Moody's changes outlook on Ireland to positive

The National Treasury Management Agency (NTMA) has welcomed a decision by the ratings agency Moody's to upgrade its outlook on Ireland to positive from stable.

Business • 18 Aug 21

Moody's says the G7 tax plan will be 'mildly credit negative' for Ireland and the Netherlands

Big countries' tax deal to reveal rift in Europe

A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands.

Business • 09 Jun 21

The biggest EU fine - €2.7m - was imposed on Moody's UK

EU fines Moody's €3.7m over conflicts of interest

Europe's markets watchdog has today announced a €3.7m fine against five European entities of Moody's credit ratings agency over breaches of conflict of interest rules.

Business • 30 Mar 21

Moody's said it is keeping the Government of Ireland's long-term issuer rating at A2

Moody's leaves Ireland's credit-rating unchanged

Ratings agency Moody's has reaffirmed Ireland's credit-rating, but has highlighted a range of possible risks to the health of the Irish economy.

Business • 15 Feb 20

Moody's said the UK's credit rating challenges would remain despite the election result

UK credit rating challenges to remain despite Tory win

Moody's said today that Britain's credit rating challenges would remain despite a likely smooth exit from the European Union following a resounding win for the ruling Conservative party.

Business • 13 Dec 19

Moody's has warned that the UK still faces significant uncertainties about Brexit

Brexit uncertainty weighing on UK credit quality

Britain still faces significant uncertainties about Brexit which will drag on the country's economy for some time with negative implications for borrowers, ratings agency Moody's said today.

Business • 23 Oct 19

Boeing is facing one of the worst crises in its history

Ratings agencies lower Boeing outlook to 'negative'

Fitch Ratings and Moody's lowered their outlooks for Boeing to "negative" from "stable" yesterday, citing delays in its 737 MAX jets' return to service.

Business • 23 Jul 19

Moody's lowered the rating to 'Baa3' from a previous 'Baa2' just five months after warning of a possible downgrade Italy

Moody's downgrades Italy's debt rating

Moody's has cut Italy's sovereign debt rating to one notch above junk status because of concerns over government budget plans.

Business • 22 Oct 18

The ECB launched its huge asset purchase scheme in 2015 to boost economic growth and inflation in the euro zone

Ireland and Portugal biggest beneficiaries of ECB's QE

The European Central Bank's massive stimulus scheme has lowered 10-year government bond yields in the euro zone by between 50-150 basis points.

Business • 07 Dec 17

Moody's has cut the UK's credit rating to Aa2 from Aa1

Moody's downgrades UK rating on Brexit uncertainties

Ratings agency Moody's downgraded Britain's credit rating by a further notch, saying the government's plans to fix the public finances had been knocked off course and Brexit would weigh on the economy.

Business • 25 Sep 17

S&P has cut Hong Kong's rating to AA+ from the highest AAA level

S&P lowers Hong Kong credit rating following China cut

Standard & Poor's has today cut Hong Kong's top-notch credit rating, a day after lowering China's, warning of potential spillover risks the mainland's ballooning debt pile.

Business • 22 Sep 17

Moody's has also changed the outlook on Ireland's rating to stable from positive

Moody's upgrades Ireland's sovereign credit rating

Ratings agency Moody's has upgraded the country's sovereign credit rating to A2 after faster than expected economic growth and progress by the Government in balancing its books.

Business • 18 Sep 17

The ratings of 12 Australian banks have been cut due to concerns over the red hot housing market

Moody's downgrades Australia's banks over housing risk

Moody's Investors Service has downgraded 12 Australian banks, including the four biggest lenders, reflecting what it called elevated risks in the household sector.

Business • 20 Jun 17

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