US credit rating agency Standard & Poor gave further evidence of the pressure building up on corporates globally over commodity rout and emerging market crisis.
Pressure on corporates are intense this year as commodities are showing no signs of recovery adding pressure to the sector. Even giants like Glencore is in clear trouble. Several subsectors that cater to the global mining and commodities are under stress too. Even giants like Caterpillar in US feeling the heat.
US shale oil corporates have suffered big. More than 30% companies defaulting are from the oil sector.
As of latest so far 79 corporates have defaulted this year compared to 60 in total in 2014. However the number is still very much below that of 2009, when around 266 corporates defaulted around the world.
Among those defaulted 47 are from US, 16 are from emerging markets, 12 are from Europe and 1 each in Australia, Canada, Japan and New Zealand.


Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook
Bitcoin Smashes $93K as Institutions Pile In – $100K Next?
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded
India’s IT Sector Faces Sharp 2025 Valuation Reset as Mid-Caps Outshine Large Players
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
China Vanke Hit with Fresh S&P Downgrade as Debt Concerns Intensify
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification
U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs 



