Fitch Rates Indonesia's Sukuk 'BBB-(EXP)'
Mar 08, 2016 06:42 am UTC| Research & Analysis
Fitch Ratings has assigned Indonesias proposed US dollar-denominated sovereign global certificates (sukuk) issued through Perusahaan Penerbit SBSN Indonesia III (PPSI-III) an expected BBB-(EXP) rating. The expected rating...
Fitch: Boom in Wealth Management Products a Key Risk for Some Chinese Banks
Mar 08, 2016 01:46 am UTC| Research & Analysis
The continued rapid growth in wealth management products (WMPs) invested through Chinese banks could be a key source of credit and liquidity risk for certain financial institutions, says Fitch Ratings. The fast rise in...
Moody's: Several EMEA fallen angels flashing early warning signs of default
Mar 08, 2016 00:18 am UTC| Research & Analysis
While early warning signs of default are most prevalent among B3-rated EMEA high-yield companies, a number of fallen angels in the Ba1 and Ba2 rating band are also showing warning signs, says Moodys Investors Service today...
Moody's: Protracted fall in oil and China slowdown mean weaker global growth, not recession
Mar 07, 2016 23:00 pm UTC| Research & Analysis
The protracted decline in oil prices and weaker growth in China have prompted a reappraisal of global economic growth prospects, causing risk aversion to rise and financial market conditions to tighten. However, while the...
Fitch: Widespread Cuts in Growth Forecasts, But No Global Recession
Mar 07, 2016 12:02 pm UTC| Research & Analysis
Fitch Ratings has made widespread downward revisions to growth forecasts in its latest Global Economic Outlook (GEO). While the biggest revisions have been to emerging market commodity producers - namely Brazil, Russia and...
Fitch: Lower Lending Rates in Indonesia May Help Corporates, Squeeze Banks
Mar 07, 2016 04:11 am UTC| Research & Analysis
Indonesias goal of reducing bank lending rates to single-digit levels will likely benefit most businesses, although banks may have to operate with thinner net interest margins and there are still uncertainties about...
Fitch: China's New Province-Level Renewable Goals More Effective
Mar 07, 2016 03:02 am UTC| Research & Analysis
Fitch Ratings says that the recent guideline from Chinas Energy Bureau more effectively addresses the off-take of renewable energy by the different provinces than previous rules. Fitch believes that the new guideline is...
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