06 Aug '11, 11am

India calls US downgrade 'grave': NEW DELHI - THE loss by the United States of its top-rank AAA credit rating f...

India calls US downgrade 'grave': NEW DELHI - THE loss by the United States of its top-rank AAA credit rating f...

The loss by the United States of its top-rank AAA credit rating from Standard & Poor's has created a 'grave' situation, India's finance minister said on Saturday. -- PHOTO: AFP NEW DELHI - THE loss by the United States of its top-rank AAA credit rating from Standard & Poor's has created a 'grave' situation, India's finance minister said on Saturday. 'We will have to analyse it (the downgrade). It will require some time,' Finance Minister Pranab Mukherjee told reporters in New Delhi. 'The situation is grave,' he said. Standard & Poor's cut the US credit rating for the first time in history on Friday, saying US politicians were increasingly unable to come to grips with the country's huge fiscal deficit and debt load. The Indian finance minister's statement came after Indian shares hit a 13-month intraday low on Friday on the back of US economic worries and the European debt ...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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India says US downgrade situation \\"grave\\"

India says US downgrade situation \\"grave\\"

channelnewsasia.com 06 Aug '11, 11am

NEW DELHI: The loss by the United States of its top-rank AAA credit rating from Standard & Poor's has created a "grave" si...

World digests US rating downgrade

World digests US rating downgrade

channelnewsasia.com 06 Aug '11, 4pm

WASHINGTON: The United States and the world struggled on Saturday to come to grips with the first-ever US credit rating do...

Taiwan sees 'no impact' from US debt downgrade

straitstimes.com 06 Aug '11, 9am

TAIPEI - THE deputy governor of Taiwan's central bank sought to play down worries over the US debt downgrade on Saturday, ...

Impact of US downgrade uncertain, say analysts

Impact of US downgrade uncertain, say analysts

channelnewsasia.com 06 Aug '11, 6pm

WASHINGTON: Given the size of the US economy and the pre-eminent role of the dollar worldwide, the cut to Washington's cre...

US loses Triple-AAA rating for first time

channelnewsasia.com 06 Aug '11, 1am

WASHINGTON: Standard & Poor's cut the US credit rating for the first time in history Friday, saying the country's politici...

Taiwan sees 'no impact' from US debt downgrade: TAIPEI - The deputy governor of Taiwan's central bank sought to

Taiwan sees 'no impact' from US debt downgrade:...

asiaone.com 07 Aug '11, 1am

TAIPEI - The deputy governor of Taiwan's central bank sought to play down worries over the US debt downgrade on Saturday, ...

US loses AAA credit rating for first time

US loses AAA credit rating for first time

straitstimes.com 06 Aug '11, 1am

The United States' credit rating was cut for the first time ever Friday when Standard and Poor's lowered it from triple-A ...

S&P defends US downgrade as criticism mounts

channelnewsasia.com 07 Aug '11, 2am

WASHINGTON: Standard & Poor's stuck to its guns Saturday after a withering attack on its math skills and historical accura...

Buffett says US downgrade 'doesn't make sense'

Buffett says US downgrade 'doesn't make sense'

straitstimes.com 06 Aug '11, 11pm

WASHINGTON - Investing guru Warren Buffett criticised the Standard & Poor's downgrade of the long-term US credit rating, s...

US loses Triple-AAA rating for first time - Yah...

sg.finance.yahoo.com 06 Aug '11, 1am

On Saturday 6 August 2011, 8:40 SGT The United States' credit rating was cut for the first time ever Friday when Standard ...

France total confidence in US despite #ratings downgrade

France total confidence in US despite #ratings ...

straitstimes.com 06 Aug '11, 11am

France has 'total confidence' in the solidity of the US economy, Economy Minister Francois Baroin told AFP, the first Euro...

US govt official on S&P's downgrade of US credi...

todayonline.com 08 Aug '11, 4am

WASHINGTON - The day after Standard & Poor's took the unprecedented step of stripping the US government of its top credit ...

China blasts US over debt problems, calls for d...

todayonline.com 07 Aug '11, 2am

China roundly condemned the United States for its "debt addiction" and "short-sighted" political wrangling and said the wo...

US downgrade 'sounds alarm bell': China state m...

straitstimes.com 07 Aug '11, 10am

BEIJING - STANDARD & Poor's US debt downgrade was a wake-up call for the world, a commentary in a top Chinese state newspa...

Taiwan keeps wary eye on US downgrade: report: TAIPEI - Taiwan, one of biggest foreign holders of US debt, on Su...

Taiwan keeps wary eye on US downgrade: report: ...

asiaone.com 08 Aug '11, 1am

TAIPEI - Taiwan, one of biggest foreign holders of US debt, on Sunday was keeping a close eye on developments after the US...