• Abenomics targets unlikely to be achieved, say economists

    The question of whether Abenomics is "failing" Japan has been raised again, as confirmation came this week that the world's third-largest economy shrank in the second quarter. It was the second contraction since last year's brief recession...Paul Sheard quoted.

  • Did markets overreact to the Yuan devaluation?

    Paul Gruenwald, managing director & chief economist for Asia-Pacific at Standard and Poor's, says PBoC’s decision to devalue the currency is "a good direction for China."

  • S&P's Kraemer: Contagion Manageable If Greece Defaults

    Moritz Kraemer, managing director of sovereign ratings at S&P, says the contagion risk from a possible Greek default "should be manageable." He talks from Frankfurt with Anna Edwards on Bloomberg Television's "Countdown."

  • Greek Default May Just Be a Question of Time: Kraemer

    Without sustainable growth, Greek debt load is not sustainable, according to Moritz Kraemer, managing director for sovereign ratings at S&P. “In the strict sense we have already missed a payment to the IMF last Friday,” he told Guy Johnson and Anna Edwards on “The Pulse.”

  • S&P downgrades Greece ratings

    John Chambers, S&P head of sovereign ratings, explains why S&P downgraded Greece's credit ratings to triple C from triple C plus with a negative outlook.

  • Why the Fed will raise rates in September

    Moritz Kraemer, MD and chief rating officer for Sovereign Ratings at Standard & Poor's, expects the Fed to start raising rates gradually in September, which can help to create a "different psychology."