Moody's may cut U.S. credit rating

Note: This section contains information in English only.
Source: Bloomberg
On Tuesday, September 11, Moody's Investors Service warned that it may cut the U.S's AAA rating, if budget negotiations for 2013 do not result in policy measures, which will reduce the nation's debt. According to the Congressional Budget Office, the budget deficit is going to reach $1.1 trillion in 2012, down from $1.3 trillion in the preceding year.
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Wed, 12 Sep 2012 06:49:48 GMT

Hong Kong stocks continue rally

Hong Kong stocks opened significantly higher on Wednesday, getting on path to 5th rally day, as Chinese premier announced the country will face its expansion target for 2012, and as stronger closing on Wall Street supported sentiment. The Hang Seng Index surged 1% to 20,061.57 and the Hang Seng China Enterprises Index rallied 1.4% to 9,507.04.

Tue, 11 Sep 2012 17:19:45 GMT

German equities rise despite Spain's PM comments

German stocks moved higher on Tuesday despite China's growth cuts and anticipation of the German Constitutional Court decision on whether to leave the ESM. Alarming Spain's PM announcement on extensive intervention of the ECB and EU in its budget deficit cuts capped the upswing of the German stock index. At the same time, hopes for easing in the US provided

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