Fitch: Challenges for India State Banks despite Improving Macro
Jul 06, 2015 03:05 am UTC| Research & Analysis
The performance of Indias state bank sector remained challenged in FY15 (to end-March 2015), with continued pressure on asset quality and weak capital, according to Fitch Ratings Indian Banks Report Card FY15 published on...
Fitch: Public Debt to Remain High Under Japan Fiscal Plan
Jul 06, 2015 02:09 am UTC| Research & Analysis
A multi-year fiscal plan approved by the Japanese cabinet on 30 June does not increase the likelihood of the countrys high public debt ratios beginning to decline in a sustainable and substantive manner any time soon, says...
Fitch: Portuguese Housing Market More Liquid and Transparent
Jul 02, 2015 08:03 am UTC| Research & Analysis
Fitch Ratings says in a new report that recent sales of properties from the possession of lenders are pointing to greater market liquidity and transparency in the Portuguese housing market as the economy continues to...
Fitch: India, China Growth to Diverge Further Through 2017
Jul 02, 2015 01:22 am UTC| Research & Analysis
Emerging Asia will continue to experience relatively high rates of growth over the medium term as economic prospects remain starkly divergent across emerging markets, according to Fitch Ratings latest Global Economic...
Fitch: High FX Mismatch Risk for Latin America Corporates
Jun 30, 2015 21:11 pm UTC| Research & Analysis
There is a high foreign exchange (FX) mismatch risk for companies in five Latin American countries, according to FitchRatings. We have released our 2015 "Latin America Corporates FX Sensitivity Analysis, which examined the...
Fitch: Greek Tensions Have Pushed Up Mortgage Arrears
Jun 30, 2015 11:46 am UTC| Research & Analysis
Greek mortgage arrears have risen during the prolonged negotiations between the countrys government and its official creditors, Fitch Ratings says. A deteriorating economy and almost total absence of bank credit may have...
Moody's: US off-price apparel and home retailers continue their rapid growth
Jun 30, 2015 11:23 am UTC| Research & Analysis
The US off-price apparel and home products segment continues to grow rapidly as consumers who developed a taste for cheaply priced luxury goods during the recession keep up their hunt for bargains, Moodys Investors Service...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects