Investors have bought finance minister P Chidambaram and his colleagues' promise that they are serious about putting the fiscal house in or...

Fitch today said as much as 60 per cent of the banks in developed markets were downgraded during the April-June quarter.

Fitch Ratings, citing the potential of loans at some lenders to deteriorate, cut its credit ratings on 18 Spanish banks.

Europe's monetary union and Spain's need for financial support to capitalise its banks may trigger additional credit-rating downgrades.

Moody’s move was less aggressive than rival agency S&P’s, but its action puts London’s prized top credit rating in jeopardy for the first t...

We can expect over the next year a well deserved downgrade for India by ratings agencies given the laxity of the govt, says Jim Walker, Asi...

The Bank of Spain said a total 12 banks need to raise capital to comply with Feb's decree which was approved Thursday in Parliament.

The dollar was mixed in choppy trading at the start of a holiday week, while the euro declined after Moody's downgraded the debt of Irish b...

The Spanish economy, which edged out of recession in the first quarter, showed some signs of recovering further in April, the Bank of Spain...

Global ratings agency Moody's today warned that potential contagion of the worsening Greek debt crisis could hit the banking systems in som...

The euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...

The EU and IMF bailout for debt-ridden Greece will have a positive effect on Spain as it will lower the cost of its debt and calm the marke...

Takahira Ogawa, Director, Sovereign & International Public Finance Ratings, Standard & Poors (Greece Debt), talks to ET Now on Greece Debt ...

Standard and Poor's said it has lowered the debt rating of Spain, citing a possible further deterioration of its budgetary position.

German Chancellor Angela Merkel and IMF pledged to step up efforts to overcome the Greek fiscal crisis as Standard & Poor’s downgraded Spai...

Why rating downgrades will not have a long-lasting effect on global economy.

International ratings agency Moody's on Wednesday said it was now unlikely to downgrade the world's leading economies in the near future as...