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Fitch: India Banks' NPL Pressures to Subside, But Only Gradually

Nov 03, 2015 03:34 am UTC| Research & Analysis

Indian banks stressed assets are likely to have peaked this fiscal year, but the process of recovery is likely to be slow, says Fitch Ratings. A large stressed asset stock combined with structural challenges in key sectors...

Moody's: Egypt's economic and fiscal conditions are improving, but large financing needs form key weakness

Nov 03, 2015 02:00 am UTC| Research & Analysis

Reforms have sparked improvements in Egypts (B3 stable) public finances and economic conditions, but challenges remain, says Moodys Investors Service in a report published today. The rating agency notes that the challenges...

Fitch Affirms Thailand at 'BBB+'; Outlook Stable

Nov 02, 2015 07:24 am UTC| Research & Analysis

Fitch Ratings has affirmed Thailands Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB+ and A- respectively. The issue ratings on Thailands senior unsecured local-currency bonds are also affirmed...

Moody's changes outlook on India's banking system to stable from negative

Nov 02, 2015 03:29 am UTC| Research & Analysis

Moodys Investors Service says that it has changed its outlook for Indias banking system to stable from negative because of the gradual improvement in the operating environment for Indian banks. The stable outlook on...

Fitch: VW Scandal Has No Impact on Existing ABS Transaction Ratings in China

Nov 02, 2015 02:35 am UTC| Research & Analysis

The emission test scandal at Volkswagen AG (VW AG, A/RWN/F1) has no rating impact on the Driver China One Trust and Driver China two Trust transactions, which are Chinese auto loan ABS transactions originated by Volkswagen...

Moody's: Rising Population Will Support Housing Markets in the UK, the Netherlands and Ireland

Nov 02, 2015 01:01 am UTC| Research & Analysis

In the UK, the Netherlands and Ireland, population growth will support housing demand and property prices, says Moodys Investors Service in a special report published today. "In our view the rising population in these...

Moody's: Australian auto ABS performance deteriorated, but RMBS performance improved in August

Nov 01, 2015 22:24 pm UTC| Research & Analysis

Moodys Investors Service says the performance of Australian auto ABS transactions deteriorated in August 2015 from July 2015, with delinquencies in excess of 30 days rising to 1.23% from 1.17%. Moreover, the year-on-year...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...