S.Korea's fundamentals not to be changed by DPRK leader's death: Moody's

English.news.cn   2011-12-19 13:31:26               SEOUL, Dec. 19 (Xinhua) -- South Korea's economic fundamentals were not to be changed by the death of Kim Jong Il, top leader of the Democratic People's Republic of Korea (DPRK), a senior official at Moody's said Monday. "We will continue to rate South Korea on the basis of its economic, institutional and government financial fundamentals. These will not change on account of the death of DPRK's leader Kim Jong Il," Thomas Byrne, a senior vice president at Moody's in Singapore, said in an e-mail interview.

Moody's: Indonesian banks stable

English.news.cn   2011-12-14 13:14:46               JAKARTA, Dec. 14 (Xinhua) -- Moody's Investors Service has said the outlook for Indonesia's 376 billion U.S. dollar banking sector remains stable, citing the nation's strong domestic economy that has helped to insulate lenders from the global economic turbulence, local media reported on Wednesday. The international rating agency expects Indonesia's economy to expand by 6 percent next year, slower than the Indonesian government's 6.6 percent forecast and the central bank's 6.3 percent estimate.