Standard & Poor's cuts Catalonia debt rating to junk status
Standard & Poor's slashed Catalonia's debt to junk-bond status Friday, warning of looming financial tensions with Spain's central government.
Moody's holds Spain rating pending eurozone moves
Moody's said Thursday that it would hold its review of Spain's credit rating until late September as it waits for more clarity on the European Stability Mechanism and moves for a eurozone banking union.
Brazil set to cut interest rate to new record low : analysts
Brazil's central bank is set this week to announce its ninth interest rate cut to a record low of 7.5 percent, in a bid to revive sluggish economic growth.
Kazakh Government still plans to exit capital of companies in all sectors apart from extraction
When the private sector companies, including those working in the financial sector, recover from what they suffered in the crisis period, the priority will be given to the private sector ownership schemes: PM Karim Massimov.
Moody's upgrades S. Korea credit rating
Ratings agency Moody's Investors Service Monday upgraded South Korea's sovereign credit rating, citing strong fiscal fundamentals and resilience to external economic shocks.
Merkel: 'every day' counts for Greece's austerity steps
German Chancellor Angela Merkel on Sunday warned that "every day" counts in efforts by debt-wracked Greece to comply with its commitments and safeguard its eurozone membership.
Atyrau oil refinery getting more money
Atyrau oil refinery is getting another major loan for construction of its advanced oil processing center.
Greek PM in crisis talks with Merkel
Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.
Facebook at half-price: which way now?
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.