Moody's: Record US spec-grade maturities will coincide with weak refinancing conditions

Feb 16, 2016 12:54 pm UTC| Research & Analysis

A record amount of US speculative-grade debt will mature over the next five years at a time when weak refinancing conditions will make it more difficult for lower-rated companies to access the capital markets, says Moodys...

Renminbi Series

Fitch: Further CNY Depreciation Would Add to Taiwan Bank Losses

Feb 16, 2016 06:47 am UTC| Research & Analysis

Taiwanese banks losses linked to target redemption forwards (TRF) - a structured derivative product which some investors have used to hedge yuan exposure and to speculate on currency moves - should peak in 1H16 as...

Moody's: Outlook on Europe's steel sector turns negative as sinking prices eat profits

Feb 11, 2016 08:22 am UTC| Research & Analysis

Moodys Investors Service has changed its outlook for the European steel sector to negative as the sharp fall in steel prices weighs heavily on profitability such that it will take at least 18 months to return to levels...

Emerging Market Crisis Series

Moody's: Rouble depreciation will pressure Russian banks' capital and loan quality

Feb 11, 2016 07:43 am UTC| Research & Analysis

The rouble depreciation, which accelerated in January 2016, will exacerbate the challenges Russian banks are already shouldering from the economic recession, says Moodys Investors Service in a report published today. We...

Fitch Affirms Thai Oil's Rating at 'AA-(tha)'; Outlook Stable

Feb 11, 2016 05:58 am UTC| Research & Analysis

Fitch Ratings (Thailand) Limited has affirmed Thai Oil Public Company Limiteds (TOP) National Long-Term Rating at AA-(tha), National Short-Term Rating at F1+(tha), and the National Long-Term Rating on its senior unsecured...

Moody's: Indonesia's growth to stabilize, but external vulnerabilities remain

Feb 11, 2016 04:27 am UTC| Research & Analysis

Moodys Investors Service says that growth for Indonesia will stabilize near current levels as the economy has adapted to lower commodity prices and policy has turned more accommodative. Moodys notes that the government...

D+H White Paper Discusses 5 Things Blockchain Must Get Right

Feb 09, 2016 09:43 am UTC| Digital Currency Research & Analysis

DH Corporation (D+H), a leading financial technology provider,has released a white paper that discusses implications, potential and challenges that blockchain raises for banks. The paper, entitled Five Things Blockchain...