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Fitch downgrades Noble's credit rating to junk

Published Tue, May 17, 2016 · 09:50 PM

Singapore

FITCH Ratings has downgraded the credit rating of Hong Kong-based commodities trader Noble Group to junk, citing a weakening debt maturity profile that is "no longer consistent with an investment-grade rating".

This move came on the heels of similar downgrades by peers Standard and Poor's and Moody's in recent months.

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Companies & Markets

Companies & Markets

Fitch downgrades Noble's credit rating to junk

Companies & Markets

Yen tumbles to 34-year low; US dollar gains after inflation data

Fed repricing gives rise to new equities playbook in Asia

Dasin Retail Trust’s creditor to repossess director’s properties over loan default

Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not

Tech rally propels emerging stocks to best week since July

Bank of Singapore takes action against employees for misusing medical benefits

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