Fitch: Greek Bad Bank Potentially Positive, Likely Insufficient
Apr 07, 2015 14:20 pm UTC| Research & Analysis
The Greek governments intention to create a "bad bank" is a positive step towards achieving reform because it recognises that high volumes of non-performing loans (NPL) are impeding new lending, Fitch Ratings says....
Fitch: Despite Tough Winter, U.S. Transportation Growth Will Continue to Trend Upward
Apr 07, 2015 14:18 pm UTC| Research & Analysis
U.S. Transportation will continue its trend towards growth in 2015, according to a new Fitch Ratings report. All sectors are expected to maintain sufficient pricing power and volume and ensuing inflation rate increases at...
Fitch: Model Shows Fast Rate Rise Would Hurt US Public Finance
Apr 06, 2015 16:57 pm UTC| Research & Analysis
U.S. Federal Reserve (the Fed) rates are likely to begin to rise in mid 2015 and to tighten gradually, Fitch Ratings says. We expect the average policy rate for 2016 to be 1.6%. However, we created an interest rate shock...
Fitch: China's Slowing Land Sales Pressure Sub-Nationals; But Impact Manageable
Apr 02, 2015 11:01 am UTC| Research & Analysis
Fitch Ratings says Chinas local and regional governments (LRGs) will be able to manage the pressure on their budgetary performance caused by falling land sales revenue.Fitch expects the decline in land sales to have...
Foreign investors net sellers of Japan shares for last week
Apr 02, 2015 00:05 am UTC| Research & Analysis
Details of net investments were as follows (in billion yen): stocks bonds bills Mar 22 - Mar 28 -35.1 187.1 1,170.70 Mar 15 - Mar 21 -352.4r -954.5r 170.6 Japanese investment...
Fitch Downgrades Greek Banks to 'CCC' on Sovereign Downgrade
Apr 01, 2015 15:15 pm UTC| Research & Analysis
Fitch Ratings has downgraded National Bank of Greece S.A.s (NBG), Piraeus Bank, S.A.s (Piraeus), Eurobank Ergasias S.A.s (Eurobank) and Alpha Bank AEs (Alpha) Long-term Issuer Default Ratings (IDR) to CCC from B- and...
Moody's affirms Saudi Arabia's Aa3 rating on strong fiscal buffers
Apr 01, 2015 13:41 pm UTC| Research & Analysis
Moodys Investors Service has today affirmed Saudi Arabias Aa3 long-term issuer rating and maintained a stable outlook on the rating. This reflects the kingdoms ample financial assets, which will allow it to weather a...
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