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China Debt Outlook: Moody's Cuts To Negative As Property Crash Continues To Weigh
Tuesday, December 5, 2023 - 10:35am | 614Ratings agency Moody’s cut its outlook on China’s credit rating to negative on Tuesday, saying the country faces an economic slowdown as it continues to grapple with the fallout from the collapse in its property sector. Moody’s rating reflected growing signs that debt issuance...
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Global Service Sector Data Showing Encouraging Signs
Tuesday, March 5, 2013 - 7:39am | 540A slew of Non-Manufacturing (otherwise known as services) Purchasing Manager's Indices released overnight indicated that the global economy may not be in as bad of shape as investors had feared early Monday. Global shares rallied on the services strength. In China, the HSBC China Services PMI...
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Benzinga Market Primer: Friday, February 22
Friday, February 22, 2013 - 7:26am | 895Futures Rise on German Business Confidence U.S. equity futures rose in pre-market trading following the release of the German IFO Business Confidence Survey. The Survey showed that German business leaders were more confident about the future of the Eurozone economy than expected, with the index...