Tag Archives: Zone

S&P downgrades ABN Amro, Rabobank

Standard & Poor’s downgraded Dutch banks ABN AMRO, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and the recession-hit eurozone. The ratings on the two

Crude up in Asia on bargain-hunting

Crude prices bounced on bargain-hunting in Asia Thursday after suffering big losses in New York where dealers were spooked by concerns over the US “fiscal cliff” and European debt, analysts said. New