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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
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...
07/12/201616:15:00Moody’s Corporation Declares Quarterly Dividend
07/06/201616:17:38Statement of Changes in Beneficial Ownership (4)
07/04/201607:54:00Australian Election Losers Could Include Triple-A Rating
07/01/201616:04:03Statement of Changes in Beneficial Ownership (4)
06/30/201607:00:00Dates Set for Moody's Earnings Release and Investor Teleconference
06/21/201616:48:20Annual Report of Employee Stock Plans (11-k)
06/13/201616:11:08Statement of Changes in Beneficial Ownership (4)
06/13/201616:10:16Statement of Changes in Beneficial Ownership (4)
06/13/201616:09:24Statement of Changes in Beneficial Ownership (4)
06/13/201616:08:58Statement of Changes in Beneficial Ownership (4)
06/13/201616:08:04Statement of Changes in Beneficial Ownership (4)

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