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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
08/25/201608:30:00Do improving credit conditions foretell sunny skies for small...
08/15/201616:05:06Statement of Changes in Beneficial Ownership (4)
08/11/201616:07:07Statement of Changes in Beneficial Ownership (4)
08/09/201616:09:05Statement of Changes in Beneficial Ownership (4)
08/09/201616:07:50Statement of Changes in Beneficial Ownership (4)
08/09/201616:06:35Statement of Changes in Beneficial Ownership (4)
08/09/201616:05:39Statement of Changes in Beneficial Ownership (4)
08/09/201616:03:50Initial Statement of Beneficial Ownership (3)
08/04/201607:00:00Moody’s Corporation Posted an Updated Management Presentation f...
08/03/201616:10:47Current Report Filing (8-k)
07/28/201606:05:07Quarterly Report (10-q)
07/25/201617:24:11Statement of Changes in Beneficial Ownership (4)
07/22/201608:30:00Moody's Tops Expectations but Offers Cautious Outlook
07/22/201608:01:24Current Report Filing (8-k)
07/22/201607:00:00Moody's Corporation Reports Results for Second Quarter 2016
07/21/201610:20:00Moody’s Analytics Invites Small Businesses to View Their MARQ™ Bus...
07/21/201607:18:00ムーディーズが韓国信用評価(KIS)を完全子会社化
07/18/201623:17:00Moody’s übernimmt Korea Investors Service (KIS)
07/18/201621:23:00Moody’s acquiert la pleine propriété de Korea Investors Service (KI...
07/18/201620:00:00Moody’s Acquires Full Ownership of Korea Investors Service...

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