Business


Moody's downgrades Hong Kong credit rating after China cut

The Chinese Ministry of Finance rejected the assessment, saying Moody's had used an "inappropriate" method to assess the risks facing the economy. Moody's growth forecast for China, over the next five years. The Chinese economy expanded by 6.7 per cent in 2016 compared with a peak of 10.6 per cent in 2010. Commenting on the downgrade, PineBridge Investments co-head of Asia fixed income Arthur Lau said the decision was not a shock, given Moody's downgrade of China from "neutral" to ...



Elon Musk says Tesla can't yet launch in India

Mark Sheptoff Planning Ltd Liability Com has 0.24% invested in Tesla Inc (NASDAQ: TSLA ) for 1,540 shares. The stock of Tesla Inc (NASDAQ:TSLA) earned "Hold" rating by Argus Research on Tuesday, June 28. The correct version of this news story can be accessed at https://www.thestockobserver.com/2017/05/24/keybank-national-association-oh-acquires-220-shares-of-tesla-inc-tsla.html.



Weight Watchers International (WTW) Getting Favorable Media Coverage, Study Finds

Among 5 analysts covering Weight Watchers International (NYSE:WTW), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 18% are positive. 22, 2017. At recent session, the prices were hovering between $2.08 and $2.18. The rating was downgraded by Morgan Stanley on Friday, December 16 to "Underweight". The rating was maintained by Sidoti on Wednesday, January 4 with "Buy".



TPP Countries to Keep Trade Deal Alive, Despite US Rejection

When asked about the disagreements over the language, Lighthizer said that US steps to create free and fair trade were being confused with protectionism. President Donald Trump spoke of his "America First" trade policy - created to protect American jobs. Reviving the TPP, even without the heft of the world's biggest economy, would still provide ballast against China, analyst Alex Capri told AFP.


CBO: 23 million fewer Americans insured under House GOP bill

CBO: 23 million fewer Americans insured under House GOP bill

Senate Republicans have been holding closed-door meetings to try writing their own health care overhaul. Here are five takeaways from the CBO's analysis. Health benefits likely to be excluded from essential health benefits could include maternity care, mental health and substance abuse benefits, pediatric dental benefits and rehabilitative services, according to the Congressional Budget Office .



Massive slide covers stretch of iconic California highway

Smith said crews had been out doing fix work at Mud Creek but were ordered out of the area a week ago because of small slides that were taking place nearly everyday. "We've never seen anything like that". "If it's not the biggest, it's certainly right up there", the 55-year-old said. "We had geologists look at it yesterday, and today we should have a better idea of what the fix will be", Cruz said.