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Tue, Jun 23, 2026 08:24 PM All times are UTC

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Moody's: Amount of defaulted debt rises in Asia; US default rate remains benign

Mar 04, 2015 15:07 pm UTC| Research & Analysis

The number of Moodys-rated corporate issuers that defaulted declined in 2014, although the amount of defaulted debt was up compared to 2013, according to Moodys Investors Service in the report "Corporate Default and...

Moody's: Stronger US dollar is credit negative for US multinationals

Mar 04, 2015 14:10 pm UTC| Research & Analysis

The strong US dollar is modestly credit negative for US-based multinational corporations, according to a new cross-industry report from Moodys Investors Service. Large exporters in particular will face a choice between...

Moody's: Global bank debt issuance levels off in 2014 after four-year period of decline

Mar 04, 2015 13:19 pm UTC| Research & Analysis

The four-year decline in issuance of unsecured debt by banks, thrifts and securities firms leveled off in 2014, says Moodys Investors Service in a new report. "Global Bank Debt - 2014 Issuance Trends" analyzes trends in...

Moody's: Chinese national oil companies feel limited impact from natural gas price adjustment

Mar 04, 2015 01:46 am UTC| Research & Analysis

Moodys Investors Service says Chinas three national oil companies (NOCs) will feel little negative impact from the recent wholesale price adjustment for gas, because the price reduction will only moderately offset the...

Moody's: The rise of shadow banking continues as direct lending is set for strong growth in 2015

Mar 03, 2015 17:29 pm UTC| Research & Analysis

Direct lending is set to become an established asset class in Europe, with robust growth estimates over the next 12 months, says Moodys Investors Service. In a report summarising the views of keynote speakers and panelists...

Fitch: Italy Mortgage Guarantee Scheme Unlikely to Spur Lending

Mar 03, 2015 12:16 pm UTC| Research & Analysis

The Italian governments new scheme to guarantee mortgages to specific types of borrower is unlikely to have a major impact on new lending volumes, Fitch Ratings says. It reduces the credit risk (and hence the capital...

Fitch: Oil Trading Houses To Benefit From Volatility In 2015

Mar 03, 2015 11:56 am UTC| Research & Analysis

Trading houses such as Glencore, Vitol and Trafigura are likely to report healthy earnings in 2015 as they benefit from volatile oil prices, Fitch Ratings says. But this will not have a significant impact on our assessment...

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Economy

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline

Asian stock markets mostly moved lower on Tuesday as investors locked in profits following a strong artificial intelligence-driven rally that had pushed several regional indexes to record highs. The pullback was led by...

New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum

New Zealand is accelerating the development of major gold mining projects and attracting new mining investment as record-high gold prices breathe life into a sector that has struggled for years. The governments push to...

Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns

The Japanese yen hovered near its weakest level in almost four decades on Tuesday, fueling speculation that Japanese authorities may once again intervene in the foreign exchange market to support the struggling currency....

Politics

Lebanon Pushes Ahead With Israel Talks Despite Iran-U.S. Deal Impact

Lebanon is set to begin a new round of direct negotiations with Israel in Washington on Tuesday, despite growing concerns that recent Iran-U.S. diplomatic developments have weakened Beiruts position. Lebanese officials...

Andy Burnham Emerges as Favorite After Keir Starmer Resigns

British Prime Minister Keir Starmer announced on Monday that he is stepping down as leader of the Labour Party, paving the way for Andy Burnham to become the next prime minister of the United Kingdom. The move could bring...

Rubio Faces Gulf Skepticism Over U.S.-Iran Peace Deal

U.S. Secretary of State Marco Rubio is embarking on a critical diplomatic tour of the Gulf this week as he seeks to reassure key Arab allies about Washingtons newly signed Iran peace agreement. The visit comes amid growing...

Russia-Ukraine War: Fresh Strikes Injure Civilians as Fuel Crisis Worsens in Russia

Six people were injured in overnight Russian air strikes across Ukraine, according to local officials, while Kyiv briefly issued an air raid alert early Tuesday, urging residents to seek shelter. The latest attacks...

DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post

The U.S. Department of Justice has launched an investigation into a New York City coffee shop after the business publicly stated it would have refused service to Representative Dan Goldman if employees had recognized him...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...