para]]Coverage from Local Credit Ratings Agencies in China, Japan, India, Indonesia, Malaysia, Pakistan, Sri Lanka, South Korea, Taiwan and Thailand now available on one platform[[/para]]
As a result of a series of recently completed commercial agreements with local credit ratings agencies in East and Southeast Asia, subscribers to the S&P Capital IQ desktop can now access research, ratings, insights and recommendations from over 400 sell side, industry or specialty firms that cover more than 28,000 public and private companies throughout APAC.
In his new role, Boyce-Valentine will work with the banks' clients to help them optimise their financing structures and assist them in working with credit ratings agencies
A downgrade by one of the big three credit ratings agencies
would drive up the UK's borrowing costs, potentially jeopardising the Government's deficit reduction plans, the paper said.
Other countries had been downgraded by credit ratings agencies
without any "noticeable impact" in the markets, he pointed out to the Treasury Select Committee.
The financial crisis has shattered the myth that the judgement of credit ratings agencies
is impeccable and has brought the dangers for investors of being "blindly" and "uncritically reliant" on their findings to the forefront.
Credit ratings agencies
are not necessarily credible but unfortunately the markets follow their forecasts, Nobel Prize laureate Christopher Pissarides stated today.
For some observers, credit ratings agencies
are an obvious suspect.
However, the new law presents a host of new requirements and legal uncertainties that credit ratings agencies
such as A.
Investors planning to bid on OneMain Financial, a unit of Citigroup, Inc (NYSE: C) that the parent company is looking to sell, are waiting to see the reviews of the unit by credit ratings agencies
Today, the value of credit ratings has been significantly diminished and the SEC has the authority to confront the situation head on and hold the credit ratings agencies
accountable," said Kaitz.
Recognizing that the credibility and reliability of credit ratings is heavily dependent on issuers providing accurate and adequate information to the credit ratings agencies
, the Issuer Code of Standard Practices outlines issuer obligations in the credit rating process.