08 Aug '11, 4am

S&P says Asia Pacific sovereign ratings safe

SYDNEY - Standard & Poor's on Monday said its US credit rating downgrade will have no immediate impact on Asia Pacific sovereign ratings, but could have negative consequences longer-term. The agency on Friday cut the credit rating for US Treasuries for the first time ever from AAA to AA+, pointing to deep divisions in Washington over its long-term fiscal standing. The decision by S&P sparked scathing criticism from US Treasury Secretary Timothy Geithner, who called it a "terrible judgement". But S&P said in a statement issued in Australia: "There is no immediate impact on Asia-Pacific sovereign ratings resulting from the lowering of the issuer credit ratings on the US to AA+ on Friday. "However, the US rating change, together with the weakening sovereign creditworthiness in Europe, does point to an increasingly uncertain and challenging environment ahead. "Uncertainties in...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

A new global financial crisis will hit Asia harder than the last one, ratings agency S&P said

A new global financial crisis will hit Asia har...

straitstimes.com 08 Aug '11, 4am

The S&P statement took on a much darker tone when considering the possibility that its assumptions were too rosy, noting t...

S&P says France's outlook remains stable

channelnewsasia.com 07 Aug '11, 9am

PARIS: The Standard and Poor's ratings agency said Sunday that France's outlook remained stable amid a deepening eurozone ...

S&P: Asia would be hit harder by a second globa...

sg.finance.yahoo.com 09 Aug '11, 1am

On Monday 8 August 2011, 11:32 SGT SYDNEY (Reuters) - A new global financial crisis would hit Asia harder than the last on...

Crowdfunding Comes to Asia, Website Says: A report from says that ToGather is Asia's first c...

Crowdfunding Comes to Asia, Website Says: A rep...

sgentrepreneurs.com 09 Aug '11, 4pm

Despite turbulence, economists positive about Asia business outlook With the recent Standard and Poor’s credit rating down...

Asia eyes South America for resources, markets

Asia eyes South America for resources, markets

channelnewsasia.com 07 Aug '11, 11pm

TOKYO: When Japanese beverage giant Kirin said this week it would take a large stake in Brazil's Schincariol, it was the l...

S&P Blames Republicans, MSM Fails to Report It

care2.com 07 Aug '11, 5pm

Sunday August 7, 2011, 8:26 am No surprise, what else could you expect from MM. Thanks for the article Michael. No less in...

Asia stock sell-off deepens

todayonline.com 09 Aug '11, 5am

HONG KONG - Fear gripped Asian markets following a rout in the United States stock market overnight, sending equities and ...

Safe or Sorry «

adelogy.wordpress.com 18 Aug '11, 7pm

Its been some time since I last heard a song that managed to oomph me. They say that we’re dreaming too big I say this tow...

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...

Indonesia will likely outperform rest of Asia: analysts

Indonesia will likely outperform rest of Asia: ...

channelnewsasia.com 08 Aug '11, 1pm

SINGAPORE: Indonesia's Jakarta Composite Index is one of just four regional stock indices that has moved up this year - by...

Cathay Pacific investigates 'aircraft sex photo...

straitstimes.com 07 Aug '11, 8am

HONG KONG - CATHAY Pacific said on Sunday it had launched a 'full investigation' into photos allegedly showing a flight at...

Welcome to Mongolia: What the S&P Downgrade Means for Emergi... via @justmeans

Welcome to Mongolia: What the S&P Downgrade Mea...

justmeans.com 07 Aug '11, 4am

"Nothing may change overnight, but the downgrade may eventually lead to stronger currencies and more fund flows for emergi...

Asia markets tumble amid recession fears

Asia markets tumble amid recession fears

channelnewsasia.com 05 Aug '11, 1am

HONG KONG: Asian stock markets tumbled in early trade on Friday following the fall in the US and European markets amid fea...

US lingered too long over debt ceiling: S&P off...

channelnewsasia.com 06 Aug '11, 3am

WASHINGTON: The United States could have avoided the downgrade of its credit rating if it had lifted its debt ceiling earl...

US must focus more on Asia, says top diplomat - Channel News Asia

US must focus more on Asia, says top diplomat -...

channelnewsasia.com 15 Aug '11, 2am

SYDNEY: American foreign policy needs to transition from the Middle East to Asia, a top US diplomat said Monday while reje...