Fitch Affirms Peru's FC IDR at 'BBB+'; Outlook Stable
Mar 27, 2015 14:51 pm UTC| Research & Analysis
Fitch Ratings has affirmed Perus long-term foreign and local currency IDRs at BBB+ and A-, respectively, with a Stable Outlook. The issue ratings on Perus senior unsecured foreign- and local-currency bonds are also...
Fitch: New initiatives lower Brazilian power distributors' risk
Mar 27, 2015 14:13 pm UTC| Research & Analysis
The liquidity risk for power distribution companies in Brazil declined in 2015 due to the governments recent implementations of the tariff flag and the extraordinary tariff review (RTE) for end consumers, according to...
Fitch: E&P firms in focus as U.S. high yield energy default rate rises
Mar 27, 2015 14:11 pm UTC| Research & Analysis
The trailing 12-month (TTM) U.S. high yield default rates for the exploration and production (EP) and energy sectors will both increase in March as oil-related bankruptcy filings take their toll, according to Fitch...
Moody's: North American corporate credit quality worsens as companies pay out to shareholders
Mar 27, 2015 13:14 pm UTC| Research & Analysis
US investment-grade non-financial corporate credit quality will deteriorate this year as companies continue to limit capital investment while taking on higher leverage and using cash to reward shareholders. Companies...
Fitch: Crude prices providing benefits for storage operators
Mar 27, 2015 13:12 pm UTC| Research & Analysis
Crude storage is expected to benefit from the changing price dynamics in the near term, according to Fitch Ratings. Rising U.S. crude production has contributed to the domestic supply glut, which has kept crude prices low....
Fitch: Basel Proposals on Credit Risk Well-Intended but Flawed
Mar 27, 2015 11:32 am UTC| Research & Analysis
Fitch Ratings says in a new report that the BaselCommittee on Banking Supervision (BCBS) should assess the predictive power ofits proposals to reduce reliance on ratings before committing to any changes.This will help...
Both developing and emerging markets witness outflows in Equity funds
Mar 27, 2015 01:10 am UTC| Research & Analysis
Fund flow data for the week ended 25 March showed lackluster flows after the FOMC meeting, according to Standard Chartered research notes. Institutional investors continue to drive flows across asset classes as retail...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects