Fitch: Yuan Fall Reins In Local Governments' Offshore Funding Plans
Mar 02, 2016 01:38 am UTC| Research & Analysis
The depreciation of the Chinese yuan is slowing down offshore bond issuance by Chinese local government financing vehicles (LGFVs), Fitch Ratings says. However, offshore bond issuance by LGFVs will not halt entirely...
Mar 02, 2016 00:09 am UTC| Research & Analysis
Moodys Investors Service has today changed the outlook to negative from stable on Chinas government credit ratings, while affirming the Aa3 long-term senior unsecured debt, issuer ratings, and (P)Aa3 senior unsecured shelf...
Fitch: India Budget Credit Positive But Uncertainties Remain
Mar 01, 2016 07:55 am UTC| Research & Analysis
Indias latest budget for the 2017 fiscal year contains a number of elements that could be positive from a sovereign rating perspective over the medium term, says Fitch Ratings. However, uncertainties regarding...
Moody's: India's fiscal 2017 budget is moderately credit positive
Mar 01, 2016 07:51 am UTC| Research & Analysis
Moodys Investors Service says that Indias fiscal 2017 budget -- which was released on 29 February -- is moderately credit positive for most sectors, but efforts at deficit reduction will remain challenging, while the...
Fitch Affirms Finnet Indonesia at 'A(idn)'; Stable Outlook
Mar 01, 2016 05:00 am UTC| Research & Analysis
Fitch Ratings Indonesia has affirmed PT Finnet Indonesias (Finnet) National Long-Term Rating at A(idn) with a Stable Outlook. At the same time, the agency has also affirmed Finnets IDR200bn medium-term notes at A(idn).The...
Moody's: Singapore needs productivity gains to restore robust growth
Mar 01, 2016 03:06 am UTC| Research & Analysis
Moodys Investors Service says that economic growth in Singapore has reached a tipping point, and significant productivity gains are key to restoring robust GDP growth.Between 2000 and 2010, Singapores GDP grew by an...
Moody's: Asian steel producers will report lower earnings and high leverage in 2016
Feb 29, 2016 03:47 am UTC| Research & Analysis
Moodys Investors Service says that steel producers in Asia will see their overall earnings in 2016 fall to levels even lower than the weak results reported in 2015 because production volumes and spreads will contract...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects