The Courier-Mail
S has downgraded Japanese electronics titan Sony, citing the company's "weak profitability and cash flow". The agency on Friday lowered its assessment on debt issued by Sony from BAA1 to BAA2, citing "its challenges in achieving profitability in the...
The Economic Times
Sony Corp's long-term debt rating was lowered one notch by Moody's Investor Service to the second-lowest investment grade because of weak profitability in products ranging from televisions to mobile phones. The downgrade to Baa2 follows a similar cut...
Asia Times Online
October is proving to be very eventful month for India, with events swaying economic sentiment from one extreme to the other. As the government continued to demonstrate its new-found reformist attitude by announcing its intention to raise the limits...
The Economic Times
The Index of Industrial production (IIP) for the month of August grew at a robust 2.7% beating the ET Now poll forecasts of 0.8%. According to revised estimates, the index had grown at a meagre 0.2% in July . Exhibiting expansion, the manufacturing...
Indian Express
India's August industrial output rose by a higher-than-expected 2.7 percent from a year earlier, after contracting in July. Analysts polled had expected a rise of 1.1 percent in August output. Revised government figures released on Friday showed July...