Moody Archives - Topnewsplus

Wall Street futures, dollar ease in wake of credit blow

Topnewsplus4 months ago05 mins

SYDNEY: Wall Street share futures slipped with the dollar on Monday and Treasury yields rose as concerns about erratic U.S. economic policies were underlined by Moody’s downgrade of the country’s credit rating. Unease over the United States’ $36 trillion of debt has also mounted as Republicans seek to approve a sweeping package of tax cuts,…

Moody’s contrasts India’s stable economy with cash-strapped Pakistan’s as tensions rise

Topnewsplus4 months ago03 mins

Global ratings agency Moody’s on Monday said it sees India’s macroeconomic conditions as remaining stable even if tensions with Pakistan rise after the horrific terror attack at Pahalgam in which 26 civilians were shot dead. However, sustained escalation in tensions with India would likely hit Pakistan’s economy and hamper the government’s ongoing fiscal consolidation goals,…