China local debt rise is significant, but manageable
Sep 09, 2015 02:22 am UTC| Research & Analysis
The 34% rise in Chinas local government (LG) debt from mid-2013 to end-2014 is significant, but major reforms to control higher leverage, to monitor finances better and facilitate more sustainable sources of revenue, will...
New Chinese bank-sponsored revolving securitization to lay base for more SME deals
Sep 09, 2015 02:16 am UTC| Research & Analysis
According to Moodys, the launch in July of Chinas first-ever bank-sponsored securitization transaction with a revolving structure in the interbank bond market has set a precedent that other banks may follow in their...
Moody's: European retail sales to grow in 2015-16 despite ongoing geopolitical uncertainty
Sep 08, 2015 23:40 pm UTC| Research & Analysis
Stronger consumer confidence and continued GDP gains will underpin modest European retail sector growth of slightly below 1% in the euro area and around 1.5% in the UK over the next 12-18 months, despite continued...
Moody's: Japanese regional banks' ability to absorb losses through earnings is shrinking
Sep 08, 2015 08:03 am UTC| Research & Analysis
Moodys Japan K.K. says that the ability of Japanese regional banks to absorb potential credit and/or investment losses through recurring earnings has been shrinking. Net interest spreads continue to decline, due to...
Moody's lowers Asia growth forecasts on slowing exports, subdued domestic demand
Sep 08, 2015 01:36 am UTC| Research & Analysis
Moodys Investors Service has adjusted downwards its GDP growth forecasts for many Asia Pacific (APAC) sovereigns, noting that subdued global growth, exacerbated by weaker demand from China, leads APAC growth...
Sep 08, 2015 01:06 am UTC| Research & Analysis
Moodys Investors Service says that the depreciation in the Malaysian ringgit is manageable for the sovereign (A3 positive), banks and rated corporates, although it indicates a weakening environment. Moodys views were...
Moody's: Taiwanese banks resilient to economic slowdown
Sep 07, 2015 03:20 am UTC| Research & Analysis
Moodys Investors Service says its stable outlook for Taiwans banking system reflects its expectation that rated banks in Taiwan will maintain their steady credit profiles, despite an economic slowdown, and that they will...
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