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- HONG KONG, Aug 27 (Reuters) - At 0232 GMT the benchmark Hang Seng Index .HSI was up 0.8 percent at 21,211.40. The China Enterprises Index .HSCE of top locally listed mainland Chinese firms was 1.5 percent higher. Here are some of the stocks on the ...
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- General Motors Corp. had its credit rating lowered one level further, to junk status by Moody's Investors Service over concerns about cash flow and the automaker's declining U.S. sales. Moody's now rates the world's largest automaker's debt Caa1, or seven steps below investment grade, down from B3. The debt has a negative outlook, meaning it may be downgraded again.
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