Moody's: Russian steelmakers' robust credit profiles provide bulwark against recession
Jun 22, 2015 12:51 pm UTC| Research & Analysis
Russian steelmakers improved credit profiles will help them withstand recession in 2015 and stagnation in 2016 that will hit demand in the countrys construction industry, the biggest domestic buyer of their steel, says...
Jun 22, 2015 06:26 am UTC| Research & Analysis
During the course of 2015, the risk of Greece (Caa2, negative) leaving the European Economic and Monetary Union -- so-called Grexit -- has escalated. Although a Greek exit is still not Moodys baseline scenario, the rating...
Moody's: Risk governance disclosure improving at Canada's financial institutions but varies
Jun 22, 2015 04:09 am UTC| Research & Analysis
Since the financial crisis, a growing number of financial institutions in Canada have been improving disclosure of their risk governance practices, a trend that is likely to continue as new disclosure practices are...
Fitch: HK Chief Exec Debate Second to Economics as Credit Factor
Jun 19, 2015 01:08 am UTC| Research & Analysis
The defeat of a proposed new electoral system in Hong Kongs Legislative Council is the latest stage in an intense politicaldebate over the structure of chief executive elections in the territory. The ongoing debate,...
Fitch: Australian Mortgage Arrears Stable; Conditions Improving
Jun 17, 2015 23:04 pm UTC| Research & Analysis
The Fitch Dinkum RMBS Index increased only 2bp to 1.17% in 1Q15, even though property market conditions in Australia are improving, with historically low interest rates, high house prices and a stable economy. The index...
Fitch: Brazil Infrastructure Program Will Require Higher Tariffs
Jun 17, 2015 14:48 pm UTC| Research & Analysis
The new Brazilian infrastructure program will likely require projects to carry higher tariffs to support higher financing costs, Fitch Ratings says. The BRL198.4 billion (USD63.7 billion) program announced on June 9, of...
Moody's: Money market fund reforms will have different effects in the US and the EU
Jun 17, 2015 13:51 pm UTC| Research & Analysis
European policy makers have proposed money market fund (MMF) reforms relatively similar to the US changes slated to take effect next year, says Moodys Investors Service in a new report published today. "As in the US, the...
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