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PBOC Gov Zhou: China Shouldn't Rely On Foreign Rating Cos--Report

BEIJING -(Dow Jones)- China should reduce its reliance on overseas credit-rating companies and the country's big financial institutions should strengthen their internal ratings research and make their own judgments, local news portal Tencent reported Sunday, citing People's Bank of China Gov. Zhou Xiaochuan. The current three biggest global rating companies are not the best choices, and when judging economic situations, China could consider using a "double-rating" model that focuses on suggestions by domestic rating companies and merely refers to information by overseas ratings companies, Zhou was cited as saying. The State Council, China's cabinet, has given the nod to the PBOC to regulate the country's credit-rating companies, making the central bank the sole regulator of the industry, local media reported last week. Newspaper website: http://www.qq.com/ -By China Bureau, Dow Jones Newswires; (8610) 8400-7799; djnews.beijing@dowjones.com

Stock News for Moodys (MCO)
DateTimeHeadline
02/05/201616:16:20Statement of Changes in Beneficial Ownership (4)
02/05/201608:30:00Moody's Profit Falls, Hurt by Foreign Exchange
02/05/201608:01:36Current Report Filing (8-k)
02/05/201607:00:00Moody's Corporation Reports Results for Fourth Quarter and Full...
01/22/201612:38:00Judge Halts Operations of Brazil's Vale SA at Key Port of Tubarão
01/06/201607:00:00Dates Set for Moody's Earnings Release and Investor Teleconference
01/05/201616:07:09Statement of Changes in Beneficial Ownership (4)
01/04/201616:05:45Statement of Changes in Beneficial Ownership (4)
12/30/201517:32:00Puerto Rico to Make Most Crucial of Debt Payments Due Jan. 1...
12/30/201517:13:00Puerto Rico to Make Most Crucial of Debt Payments Due Jan. 1...
12/24/201511:58:00ムーディーズ、2015年を通じて数々の一流業界賞を受賞
12/24/201502:07:00Moody’s honorée des plus hautes récompenses de l’industrie en 20...
12/23/201520:48:00Moody’s erhält hohe Branchenauszeichnungen für 2015
12/23/201514:22:00Moody’s Honored with Top Industry Awards Throughout 2015
12/17/201507:00:00Moody’s Corporation Has Posted a Moody’s Analytics Management Pre...
12/15/201517:17:00Moody’s Corporation Declares Quarterly Dividend and Increases S...
12/11/201516:11:10Statement of Changes in Beneficial Ownership (4)
12/11/201516:10:20Statement of Changes in Beneficial Ownership (4)
12/11/201516:09:28Statement of Changes in Beneficial Ownership (4)
12/11/201516:08:36Statement of Changes in Beneficial Ownership (4)

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