Moody's: Outlook stays negative for Kazakhstan's banking system
May 18, 2015 11:24 am UTC| Research & Analysis
Unchanged since 2008, the banking system outlook is negative for Kazakhstan (Baa2 stable), says Moodys Investors Service. Over the 12-18 month outlook period, Moodys central scenario is for a 20% devaluation in the local...
Moody's: Japanese regional banks facing pressure to take more risks to maintain asset yields
May 18, 2015 07:36 am UTC| Research & Analysis
Moodys Japan K.K. says that continued negative pressure on asset yields -- as a result of the Bank of Japans extremely accommodative monetary policy -- may encourage greater risk taking by Japans regional ...
Moody's: Government support key element in rating Chinese banks
May 18, 2015 03:17 am UTC| Research & Analysis
Moodys Investors Service says a key element in its rating of Chinese banks is the level of government support that the banks receive. "The overall support that the Chinese authorities provide to Chinas banking system is...
Fitch: Likely Poland EDP Exit Highlights Consolidation Success
May 15, 2015 12:35 pm UTC| Research & Analysis
The European Commissions recommendation that Poland should leave the Excessive Deficit Procedure (EDP) highlights the effectiveness of Polands deficit reduction strategy and the positive fiscal impact of a strong economic...
Fitch: European Leveraged Loan Borrowers Enter a New Cycle
May 14, 2015 13:11 pm UTC| Research & Analysis
Fitch Ratings says in its latest European Leveraged Loan Chart Book that rising leverage and weaker underwriting standards in the European leveraged loan market are offset by ample balance sheet liquidity and long-dated...
Moody's comments on Western Australia's 2015/16 budget
May 14, 2015 06:40 am UTC| Research & Analysis
Moodys Investors Service says that Western Australias latest budget, released 14 May 2015, shows that a record high deficit is expected for FY2015/16, as lower income from iron ore royalties and Goods and Services...
May 14, 2015 02:21 am UTC| Research & Analysis
Moodys Investors Service says that the Peoples Bank of Chinas (PBOC) lowering of interest rates for the third time in less than six months will lower the profitability of banks operating in China, because overall loan...
Elon Musk vs Australia: global content take-down orders can harm the internet if adopted widely