You are here

Noble shares recover even as rating agencies flag unsustainable debt

New chairman's priority is a strategic review of the group after latest losses

The Hong Kong-based trader is facing mounting difficulties and has said it won't return to profitability until at least 2018-2019. 


AFTER a savage three-day sell-off, Noble Group Ltd shares climbed on Tuesday even as Moody's Investors Service joined S&P Global Ratings in highlighting the embattled commodity trader's finances, saying that estimated liquidity isn't sufficient to cover debt due by mid-2018...

Market voices on: