Inside Moody's Glencore Credit Rating Cut

Glencore Plc’s credit rating was cut to the lowest investment grade at Moody’s Investor Service, who said the commodities trader will likely be able to maintain the level even if conditions in metals market don’t improve for a long time. Bloomberg's Jesse Riseborough reports on "Bloomberg Markets." Peter Grauer, the chairman of Bloomberg LP, the parent of Bloomberg News, is a senior independent non-executive director at Glencore. (Source: Bloomberg)

Ratings Firms Face Challenges in China
49:35 - Evergrande has a AAA rating from China's Chengxin Ratings firm while the three main foreign assessors classified it as being junk. This divergence isn't rare and as China opens up its credit rating market to foreign-owned companies, it may not be as easy as they hoped to get established in the country. Bloomberg's Andrew Monahan reports on "Bloomberg Markets: Asia." (Source: Bloomberg)
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