Moody’s sees possible downgrade for Kuwait

Moody's Investors Service has placed the sovereign ratings of Kuwait on review for possible downgrade. The affected ratings are the Aa2 local and foreign currency government bond ratings and the Aa2 country

Pimco’s Gross: Unclear why Fed moved

Pimco's Bill Gross said it is unclear what was behind the Federal Reserve's surprise decision on Wednesday to buy up to $300 billion in Treasuries. The move came as the government prepares

Dollar hit, Asian stocks rally on Fed move

The U.S. dollar nursed big losses on Thursday and Asian government bonds rallied after the Federal Reserve vowed to buy long-dated U.S. Treasuries, reviving a practice not used in decades to revive

Fed to buy Treasuries to help economy

The U.S. Federal Reserve said it will buy government debt for the first time since the 1960s as part of an extra $1 trillion injection into the ailing economy, buoying government bonds