Financial Services

UPDATE 2-Moody’s says more steps needed to save US credit rating

NEW YORK, Jan 2 (Reuters) – The United States must do more
than the recently passed “fiscal cliff” measures if the country
is to rescue its Aaa debt rating from its current negative
outlook, rating…

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GLOBAL MARKETS-U.S. fiscal deal prompts rally in stocks, commodities

* Global shares jump after U.S. Congress passes budget deal
* Dollar down, euro rises on increase in risk appetite
* Oil jumps as commodities join rally in risky assets

By Ryan…

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MIDEAST MONEY-Iraq seeks to boost bourse with big telecom listing

* Success could energise stock market, lure foreign funds

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