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Wed, Jun 24, 2026 12:13 AM All times are UTC

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Moody's: Ghana's creditworthiness constrained by high government debt and external vulnerability

Jun 04, 2015 21:27 pm UTC| Research & Analysis

Ghanas high debt burden, reduced debt affordability and large gross borrowing requirements are among the key credit constraints reflected in its B3 rating with a negative outlook, Moodys Investors Service says in its...

Moody's: Australian banks' asset quality stable for now

Jun 04, 2015 04:57 am UTC| Research & Analysis

Moodys Investors Service says that Australian banks reported exceptionally low credit costs over the six months to 31 March 2015. The rating agency identifies some potential headwinds to asset quality, but expects that in...

Moody's: Asian Liquidity Stress Index stable at 24% in May

Jun 04, 2015 02:45 am UTC| Research & Analysis

Moodys Investors Service says that its Asian Liquidity Stress Index remained at 24% in May for the third consecutive month. The number of rated high-yield companies with Moodys weakest speculative-grade liquidity (SGL-4)...

Fitch: Limited Implications of Asya Case for Turkish Banks

Jun 03, 2015 14:13 pm UTC| Research & Analysis

The Turkish banking sector as a whole, and its participation (Islamic) banks in particular, should not be significantly affected by the transfer last Friday of control over Asya Katilim Bankasi to the Savings Deposit...

Moody's: Collateral for Slovak covered bonds increases with rise of mortgage loans

Jun 03, 2015 13:58 pm UTC| Research & Analysis

An increase in mortgage loan volumes and fall in non-performing loans are credit positive for covered bonds in Slovakia, allowing for an increase in collateral and thus over-collateralisation (OC) for cover pools, says...

FITCH: EU BANK SUB-DEBT AND RETAIL BUYERS - RISKS OUTWEIGH BENEFITS

Jun 03, 2015 12:42 pm UTC| Research & Analysis

Some EU banks are still selling their own subordinated securities to their retail customers even after retail investors were bailed in when Spanish banks failed in 2012. Conduct risks could far outweigh the benefit of...

Moody's: Government rail investment a key credit support for selected Chinese issuers

Jun 03, 2015 03:03 am UTC| Research & Analysis

Moodys Investors Service says that continued heightened investment by the Chinese government (Aa3 stable) in the countrys railway network will be credit positive for the industry and eligible companies. Chinas rail...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Russia Signals Frustration Over Unfulfilled U.S. Commitments After Alaska Summit

Russia has intensified its criticism of the United States, accusing Washington of failing to honor key understandings reached between Russian President Vladimir Putin and U.S. President Donald Trump during their Alaska...

Trump Highlights Manufacturing Agenda in Pennsylvania as Midterm Elections Approach

U.S. President Donald Trump returned to the campaign trail on Tuesday with a visit to Pennsylvania, a crucial battleground state, as he sought to strengthen support ahead of the November midterm elections. Speaking at a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average

Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...