Downgrades
Citi downgrades European equities to neutral after Trump’s tariff threats
[SINGAPORE] Citi downgraded continental Europe on Tuesday to “neutral” for the first time in over a year, saying the latest step-up in transatlantic tensions and tariff uncertainty dented the...
Fitch warns of eastern European downgrades if Greenland strife cracks Nato
Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating[LONDON] A raft of European countries could face a one-notch credit rating downgrade if tensions with the US over...
Moody’s downgrades Genting Bhd and two subsidiaries
Move reflects Malaysian giant’s ‘already-weak position’ due to prolonged deleveraging amid slow earnings recovery, says ratings agency[SINGAPORE] Ratings agency Moody’s has on Monday (Dec 8) downgraded Genting Bhd and...
Moody’s downgrades StanChart from ‘positive’ to ‘stable’
The move is in line with revisions to the rating agency’s credit assessment methodology for banks[SINGAPORE] Credit rating agency Moody’s Ratings, on Monday (Nov 24), downgraded its credit rating...
Wilmar closes 1.4% down on corruption verdict; RHB downgrades stock to ‘sell’
The company’s earnings will be dented by the forfeiture of a security deposit seized by the authorities in relation to the case [SINGAPORE] Shares of Wilmar International fell on...
Apple analyst sentiment hits five-year low after two downgrades
[NEW YORK] Apple was hit with a pair of downgrades on Thursday (Sep 11), in the latest sign of caution towards the iPhone maker, which has sharply underperformed its...
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
[SINGAPORE] CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a prior “add” rating...
UOBKH downgrades SIA after Q1 earnings a ‘major miss’ against guided range; lowers TP to S$6.03
[SINGAPORE] UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on national carrier Singapore Airlines (SIA) to “sell”, with a reduced target price of S$6.03 from S$6.63,...
