Fitch: Negative Interest Rates Put More Pressure on Japanese Banks' NIM
Mar 11, 2016 01:12 am UTC| Research & Analysis
Negative interest rates in Japan will add further pressure on the Japanese banking sectors already thin net interest margins (NIM). The short-term direct impact is limited as the negative interest rate is applied only to...
Moody's upgrades $630 Million of Subprime RMBS issued from 2006-2007
Mar 10, 2016 23:22 pm UTC| Research & Analysis
New York, March 10, 2016 - Moodys Investors Service has upgraded the ratings of 7 tranches, from 5 transactions issued by various issuers, backed by Subprime mortgage loans. Complete rating actions are as...
Fitch Affirms Macao at 'AA-'; Outlook Stable - RTRS
Mar 10, 2016 05:53 am UTC| Research & Analysis
Fitch Ratings has affirmed Macaos Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at AA- with a Stable Outlook. The Country Ceiling is affirmed at AA+ and the Short-Term Foreign-Currency IDR at F1+.KEY...
Moody's: Impact of low oil prices on global corporate sectors shifts as oil glut continues
Mar 10, 2016 03:10 am UTC| Research & Analysis
The benefits of this prolonged period of very low oil prices are diminishing for some corporate finance sectors or even starting to have a negative impact on others, said Moodys Investors Service. The exploration ...
Fitch: India Bank Consolidation Positive in the Long Term
Mar 10, 2016 02:37 am UTC| Research & Analysis
A consolidated Indian banking structure would be a positive development in the long term for the Indian banking system, says Fitch Ratings. We believe that consolidation coupled with higher capital requirements and...
Moody's places Qatar's global sukuk rating of Aa2 on review for downgrade
Mar 10, 2016 01:25 am UTC| Research & Analysis
Moodys has today placed the backed senior unsecured Aa2 rating on the US dollar certificates issued by SoQ Sukuk A Q.S.C. on review for downgrade. This action follows Moodys decision on 4 March 2016 to place Qatars Aa2...
Fitch: Higher China Coal-Bed Methane Subsidy Not Enough to Lift Industry
Mar 10, 2016 00:07 am UTC| Research & Analysis
Fitch Ratings says today that the new subsidy increase for coal bed methane (CBM) production in China is not enough to boost the industry significantly, and it remains challenging for the country to meet its 2020 target...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects