Mongolia’s Credit Ratings Upgraded to B3 by Moody’s

Moody’s Investors Service has upgraded the Government of Mongolia’s long-term issuer ratings and the senior unsecured ratings to B3, with a stable outlook, from CAA. S&P’s and Fitch both rate Mongolia at B–. The key factors driving the ratings upgrade are less...

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Fed Set to Raise Rates with Strong Jobs Report

Providing the latest snapshot of the American economy, the U.S. Labor Department released its monthly nonfarm payrolls (“NFP”) jobs report on Friday morning U.S. time.  Data showed that employers hired workers at a healthy rate in November, with NFP rising a...

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