Moody's: 2016 global sovereign credit quality stable despite downside risks

Nov 04, 2015 08:57 am UTC| Research & Analysis

While sovereign ratings around the world will likely remain broadly stable, risks to global growth and capital flows could negatively influence credit quality in 2016, says Moodys Investors Service in its annual Global...

Moody's poll shows muted China growth expectations, but financial crisis unlikely

Nov 04, 2015 02:12 am UTC| Research & Analysis

Moodys Investors Service says that poll respondents at offshore credit briefings in London, Paris and New York in October identified rising corporate distress and increased policy uncertainty as the greatest risks to...

Fitch: India Banks' NPL Pressures to Subside, But Only Gradually

Nov 03, 2015 03:34 am UTC| Research & Analysis

Indian banks stressed assets are likely to have peaked this fiscal year, but the process of recovery is likely to be slow, says Fitch Ratings. A large stressed asset stock combined with structural challenges in key sectors...

Moody's: Egypt's economic and fiscal conditions are improving, but large financing needs form key weakness

Nov 03, 2015 02:00 am UTC| Research & Analysis

Reforms have sparked improvements in Egypts (B3 stable) public finances and economic conditions, but challenges remain, says Moodys Investors Service in a report published today. The rating agency notes that the challenges...

Fitch Affirms Thailand at 'BBB+'; Outlook Stable

Nov 02, 2015 07:24 am UTC| Research & Analysis

Fitch Ratings has affirmed Thailands Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB+ and A- respectively. The issue ratings on Thailands senior unsecured local-currency bonds are also affirmed...

Moody's changes outlook on India's banking system to stable from negative

Nov 02, 2015 03:29 am UTC| Research & Analysis

Moodys Investors Service says that it has changed its outlook for Indias banking system to stable from negative because of the gradual improvement in the operating environment for Indian banks. The stable outlook on...

Fitch: VW Scandal Has No Impact on Existing ABS Transaction Ratings in China

Nov 02, 2015 02:35 am UTC| Research & Analysis

The emission test scandal at Volkswagen AG (VW AG, A/RWN/F1) has no rating impact on the Driver China One Trust and Driver China two Trust transactions, which are Chinese auto loan ABS transactions originated by Volkswagen...