Moody's downgrades six tranches backed by Prime Jumbo RMBS issued from 2005 to 2007
Nov 25, 2015 01:21 am UTC| Research & Analysis
Moodys Investors Service has downgraded the ratings of six tranches backed by Prime Jumbo RMBS loans, issued by miscellaneous issuers. Complete rating actions are as follows: Issuer: Citicorp Mortgage Securities...
Fitch: Big Chinese Copper Processors Defend Margins Through R&D
Nov 25, 2015 01:13 am UTC| Research & Analysis
Large Chinese copper processors are focusing on higher value-added products and investing in RD to enhance their technical know-how to maintain margin resilience amid a prolonged industry downturn, says Fitch...
Fitch: Public-private partnership Model to Improve Infrastructure Project Funding In China
Nov 25, 2015 01:11 am UTC| Research & Analysis
Fitch Ratings believes the public-private partnership (PPP) model promoted by the Chinese government will improve infrastructure project-funding and is likely to drive new contract growth for construction companies in...
Moody's affirms Mauritius's Baa1 government bond rating with stable outlook
Nov 25, 2015 00:43 am UTC| Research & Analysis
Moodys Investors Service has today affirmed Mauritiuss Baa1 government bond rating with a stable outlook. The rating was last changed in June 2012 when Moodys upgraded the rating to Baa1 from Baa2. Since then, the outlook...
Moody's Maintains Stable Outlook For Saudi Arabia's Banking System
Nov 23, 2015 04:03 am UTC| Research & Analysis
Moodys Investors Service has maintained its stable outlook on the Saudi Arabian banking system, reflecting the rating agencys expectation that in the context of persistently low oil prices, banks profitability and capital...
Fitch: Indian Homebuilders' Presales to Rise in 2016; Gradual Deleveraging
Nov 23, 2015 02:54 am UTC| Research & Analysis
Fitch Ratings says in a report published today that it expects Indian homebuilders presales to improve by 5%-10% over 2016. However, deleveraging will be gradual because many companies introduced easy-payment schemes in...
Fitch: Weak Demand to Pressure Indonesia Homebuilders in 2016
Nov 23, 2015 02:18 am UTC| Research & Analysis
Fitch Ratings expects weak demand to continue to weigh on the Indonesian housing sector in 2016, which is likely to undermine homebuilders presales and put more stress on leverage. The Rating Outlook for the six...