Moody's lowers Asia growth forecasts on slowing exports, subdued domestic demand
Sep 08, 2015 01:36 am UTC| Research & Analysis
Moodys Investors Service has adjusted downwards its GDP growth forecasts for many Asia Pacific (APAC) sovereigns, noting that subdued global growth, exacerbated by weaker demand from China, leads APAC growth...
Sep 08, 2015 01:06 am UTC| Research & Analysis
Moodys Investors Service says that the depreciation in the Malaysian ringgit is manageable for the sovereign (A3 positive), banks and rated corporates, although it indicates a weakening environment. Moodys views were...
Moody's: Taiwanese banks resilient to economic slowdown
Sep 07, 2015 03:20 am UTC| Research & Analysis
Moodys Investors Service says its stable outlook for Taiwans banking system reflects its expectation that rated banks in Taiwan will maintain their steady credit profiles, despite an economic slowdown, and that they will...
Fitch: Singapore, Malaysian gaming industry resilient to macro pressures
Sep 07, 2015 01:08 am UTC| Research & Analysis
Fitch Ratings states that the outlook for the gaming industry in Singapore and Malaysia continues to be stable. This is despite declining visitor arrivals in Singapore and lower win rates for Singapore-based Genting...
Moody's: Chinese banks will face rising operating pressure over the next 1-2 years
Sep 07, 2015 01:03 am UTC| Research & Analysis
Moodys Investors Service says that listed Chinese banks will face rising operating pressure over the next 1-2 years, as Chinas economic growth slows, and as the banks interest margins narrow further on the governments...
Fitch: Higher Australian auto arrears in 2Q15, losses expected to rise
Sep 06, 2015 23:33 pm UTC| Research & Analysis
Fitch Ratings says it expects losses on auto portfolios to increase over coming quarters as rising unemployment and delinquencies converge by year end. At end-June 2015, 60+days and 30+days arrears reached 0.56% and...
Sep 02, 2015 10:49 am UTC| Research & Analysis
Electricity shortages, low commodity prices, a severe drought and weaker than expected global growth will constrain South Africas economy over the next 18 months and are reflected in the governments Baa2 rating, stable...
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