Moody's: Asian covenant quality for high-yield bonds holds steady; better than other regions
Apr 15, 2015 01:56 am UTC| Research & Analysis
Moodys Investors Service says that Asian high-yield bonds issued in the first quarter of 2015 contain covenant protections that are stronger than those in other regions, and are on par with the protections for bonds issued...
Apr 14, 2015 17:51 pm UTC| Research & Analysis
Most of Canadas speculative-grade exploration and production (EP) companies are well positioned to withstand the current slump in oil prices, Moodys investors Service says in a new report. Nevertheless, they must manage...
Moody's: Global speculative-grade default rate rises to 2.3% in first quarter
Apr 14, 2015 15:37 pm UTC| Research & Analysis
The trailing 12-month global speculative-grade default rate finished the first quarter of 2015 at 2.3%, up from 2.1% in the fourth quarter of 2014, Moodys Investors Service says in its latest monthly default report. The...
Fitch: Seeking Growth, Mexican Banks Acquiring Loans
Apr 13, 2015 17:47 pm UTC| Research & Analysis
Two recently announced acquisitions of retail loan portfolios by Mexican banks are notable steps toward achieving some business expansion amid the sluggishness facing the Mexican banking sector, says Fitch Ratings. We...
Fitch: Brazilian Asset Managers Survey Uncovers Range of Front Office Practices
Apr 13, 2015 16:51 pm UTC| Research & Analysis
In a recent report, Fitch Ratings says that the results of its survey of Brazilian asset management front office investment processes indicate that one size does not fit all for local asset managers, much like the results...
Fitch: Robust and Credible Economic Framework Underpin Peru's Policy Flexibility
Apr 13, 2015 14:35 pm UTC| Research & Analysis
Perus macroeconomic and fiscal policies have prudently managed a positive commodity and international financing cycle without accumulating large economic and external imbalances, according to a new Fitch Ratings special...
Fitch's Inside Credit: Improving Economy Brightens Outlook for EMEA Corp Cash Generation
Apr 10, 2015 15:54 pm UTC| Research & Analysis
In the latest edition of Inside Credit, Fitch Ratings says the outlook for EMEA corporate cash generation is brighter but still cautious. Despite the gradual economic recovery in Europe, macro risks remain weighted to the...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects