Singapore: Noble Group stock, bonds crash to 7-year low as S&P cuts it rating to junk

Singapore: Noble Group stock, bonds crash to 7-year low as S&P cuts it rating to junk

Visual from the company website. August 2015

Standard & Poor’s cut its credit rating on Noble Group to junk, adding to concerns about financing costs for Asia’s biggest commodity trader a week after a similar downgrade by Moody’s Investors Service and sending its stocks and bonds sliding.

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