MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
NEW YORK Dec 8 Moody's Investors Service raised the sovereign foreign currency credit rating for Uruguay by two notches to Ba1 from Ba3 on Wednesday, leaving it just below investment grade, citing improved debt and fiscal indicators.
The rating has a stable outlook.
"Uruguay's ratings are underpinned by lower susceptibility to event risk that reflects reduced economic and financial exposure to regional shocks, particularly those originating in Argentina," Mauro Leos, sovereign credit analyst at Moody's said in a statement. (Reporting by Daniel Bases and Pam Niimi, Editing by Chizu Nomiyama)
ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.
ISTANBUL, Sept 24 Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy.