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Moody s downgrades Forest City s parent Country Garden to junk  status

KUALA LUMPUR (June 22): Moody's Investors Service has assigned a Ba1 corporate family rating (CFR) to China-based Country Garden Holdings Co Ltd and withdrawn its Baa3 issuer rating, as well as downgraded the company's senior unsecured rating to Ba1 from Baa3.

ADUN SPEAKS | It s time for a new deal for states

States are dissatisfied with concentration of power, resources in federal gov't's hands.

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