Fitch: Canada's big banks hold profits; oil and rates manageable
Mar 02, 2015 19:20 pm UTC| Research & Analysis
Five of the six largest Canadian banks reporting earnings thus far showed mixed profit performance in the first fiscal quarter, with the de minimus impact from oils declines, says Fitch Ratings. Canadas surprise January...
Moody's takes rating actions on ten Russian banks
Mar 02, 2015 17:42 pm UTC| Research & Analysis
Moodys Investors Service has today taken rating actions on 10 Russian banks reflecting the deterioration in the operating environment in Russia (Ba1 negative), which negatively impacts the banks financial fundamentals....
Moody's changes outlook on Ireland's banking system to stable from negative
Mar 02, 2015 17:06 pm UTC| Research & Analysis
The outlook for Irelands banking system has been changed to stable, replacing the negative outlook that had been in place since 2008, says Moodys Investors Service. The stable outlook reflects the strengthening of banks...
Fitch: Singapore, HK - Diverging Responses to Similar Challenges
Mar 02, 2015 02:12 am UTC| Research & Analysis
The Hong Kong and Singapore budgets released last week highlight some of the long-term economic challenges facing both cities. However, public finances should remain substantial credit strengths for both sovereigns over...
Moody's: India's budget prioritizes growth over fiscal consolidation
Mar 02, 2015 01:05 am UTC| Research & Analysis
Moodys Investors Service says that Indias budget, which prioritizes growth over deficit reduction, is unlikely to materially change Indias sovereign credit profile, which is supported by the economys robust growth, but...
Fitch: U.S. personal bankruptcies set for fifth straight annual decline
Feb 27, 2015 15:47 pm UTC| Research & Analysis
Annual U.S. personal bankruptcy filings are set for a fifth straight drop, though the rate of decline figures to level off over time as lending guidelines become more lax, according to Fitch Ratings in a new report.Fitch...
Fitch: Colombian electricity sector - strong reserve margin to continue
Feb 27, 2015 14:07 pm UTC| Research & Analysis
Fitch Ratings expects the Colombian National Interconnected System (SIN) to continue to show a strong reserve margin. Total capacity is expected to increase to 18,253 megawatts (Mw) by 2018 assuring a sound buffer to meet...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects