Moody's affirms Pakistan's Caa1 rating, changes outlook to positive

Mar 25, 2015 11:37 am UTC| Research & Analysis

Moodys Investors Service has revised the outlook on Pakistans foreign currency government bond rating to positive from stable. The rating is affirmed at Caa1.Concurrently, Moodys has affirmed the governments issuer rating...

Fitch: Norway's Low Oil Costs Allow Investment At USD55/bbl

Mar 25, 2015 09:07 am UTC| Research & Analysis

The relatively low cost of new Norwegian oil and gas projects helps limit the risk of a significant fall in production, Fitch Ratings says in a report published today. Cash production costs in the region have been rising...

Fitch: India Bank Reforms Positive But Face Implementation Risks

Mar 25, 2015 06:53 am UTC| Research & Analysis

The announcement of the creation of a specialised Bank Boards Bureau (BBB) in the recent Indian Union budget is likely to have a positive effect on corporate governance at state-owned Indian banks, says Fitch Ratings....

Moody's: Offshore bond issuance activity in China's property sector slows

Mar 25, 2015 03:09 am UTC| Research & Analysis

Moodys Investors Service says that offshore bond issuance activity significantly slowed down year-to-date (until 24 March 2015), amid concerns over challenging operating conditions in the China property market."Offshore...

Fitch: German senior debt law would improve bank resolvability

Mar 24, 2015 14:39 pm UTC| Research & Analysis

Draft legislation in Germany would mean senior bondholders face losses in bank resolution before other unsecured creditors such as large wholesale depositors and counterparties, Fitch Ratings says. This would make it...

Fitch: Lifting German fracking ban unlikely to boost gas volumes

Mar 24, 2015 13:05 pm UTC| Research & Analysis

Lifting a ban on fracking in Germany is unlikely to have any significant impact on the countrys domestic gas production in the foreseeable future, Fitch Ratings says. Obstacles abound, including opposition to drilling and...

Fitch: 2014 Full cycle costs drop for North American E&Ps

Mar 24, 2015 12:55 pm UTC| Research & Analysis

Median full-cycle production costs declined across a sample of 28 North American EP companies in 2014, driven by lower production expenses, lower finding, development and acquisition (FDA) costs, and beneficial mix effects...