Moody's: Turkish election result raises political uncertainty, likely to delay economic reforms

Jun 10, 2015 11:38 am UTC| Research & Analysis

Turkeys unofficial election result is likely to raise political uncertainty and delay the implementation of key economic policies that would help to protect it from external pressures, Moodys Investors Service said in a...

Moody's revises outlook on Western Australia's Aa1 rating to negative

Jun 10, 2015 02:53 am UTC| Research & Analysis

Investors Service has revised the outlook on Western Australian Treasury Corporations (WATC) Aa1 ratings -- backed by the State of Western Australia -- to negative from stable. At the same time, Moodys has affirmed its...

Moody's: Financial transparency among regional and local governments worldwide has improved

Jun 10, 2015 01:40 am UTC| Research & Analysis

Financial transparency and disclosure among regional and local governments (RLGs) worldwide has improved, a credit positive, says Moodys Investors Services in a report published today. The report focuses on China, Italy,...

Moody's: More corporate defaults in China to come, but mitigated by policy support

Jun 10, 2015 01:37 am UTC| Research & Analysis

Moodys Investors Service says that the number of companies in China (Aa3 stable) in financial distress will rise as slower domestic economic growth and the governments reform agenda, intended to allow markets to play a...

Moody's: Thai banking system outlook stable, amid challenging operating environment

Jun 09, 2015 23:57 pm UTC| Research & Analysis

Moodys Investors Service says that its outlook for Thailands (Baa1 stable) banking system is stable, amid a challenging operating environment."Asset quality is likely to deteriorate, given the challenging operating...

Moody's: Finland's Municipal Guarantee Board Outlook Revised to Negative; Aaa Rating Affirmed

Jun 09, 2015 21:26 pm UTC| Research & Analysis

Moodys Public Sector Europe ("MPSE") has today affirmed the Aaa issuer rating of Municipal Guarantee Board (MGB) and changed the outlook to negative from stable. This action follows the recent action taken on the...

Fitch: Reform Implementation Key after Mexico Midterm Elections

Jun 09, 2015 18:04 pm UTC| Research & Analysis

The outcome of Mexicos midterm elections should not lead to deviations in Mexicos macro-economic and policy outlook and could limit political risks to fiscal consolidation, Fitch Ratings says. Important structural reforms...