Investors Await Moody's Evaluation of Turkey

Political turmoil in Turkey is continuing to take its toll on the economy as the country faces possible junk status. Moody's has been evaluating its credit rating, but some markets are already pricing in Turkish debt below investment grade. Bloomberg's Riad Hamade reports on "Bloomberg Markets Middle East." (Source: Bloomberg)

Ratings Firms Face Challenges in China
16:52 - 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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