Moody's: Chinese property sales growth to stay healthy; price pressures ease
Aug 28, 2015 02:51 am UTC| Research & Analysis
Moodys Investors Service says that sales for its rated Chinese property developers will stay healthy in 2H 2015, while the pressure on home prices will continue to ease. We expect that our rated developers will continue...
Moody's: Brazil sovereign ratings reflect adverse fiscal conditions
Aug 26, 2015 20:24 pm UTC| Research & Analysis
Moodys Investors Service has published its annual credit analysis report for Brazil to reflect the factors that led the rating agency to downgrade Brazils issuer and government bond ratings to Baa3 from Baa2 on August 11,...
Moody's downgrades Canadian Oil Sands to Baa3; Outlook Negative
Aug 24, 2015 23:00 pm UTC| Research & Analysis
Moodys Investors Service (Moodys) downgraded Canadian Oil Sands Limited (COSL)s senior unsecured rating to Baa3 from Baa2 and the senior unsecured rating on its MTN program to (P)Baa3 from (P)Baa2. The outlook remains...
Moody's: Japan Post Bank's portfolio diversification increases risks
Aug 19, 2015 02:25 am UTC| Research & Analysis
Moodys Japan K.K. says that Japan Post Bank Co., Ltd.s (JPB, unrated) liquidity levels and funding profile will stay strong, even as its credit, execution, operational and foreign-currency liquidity risks rise, due to its...
Fitch upgrades Greece to 'CCC'
Aug 18, 2015 20:22 pm UTC| Research & Analysis
Fitch Ratings has upgraded Greeces Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to CCC from CC. The issue ratings on Greeces senior unsecured foreign and local currency bonds have also...
Moody's: China's exchange rate reform is credit negative for property developers
Aug 18, 2015 06:28 am UTC| Research & Analysis
Moodys Investors Service says that the depreciation in the renminbi that has followed the shift in the mechanism for determining the daily fixing rate of the Chinese currency against the dollar is credit negative for...
Aug 18, 2015 00:26 am UTC| Research & Analysis
Moodys maintains its baseline forecast for G20 GDP growth at 2.7% this year, rising to around 3% in 2016, compared to 2.9% in 2014. These 2015-16 growth forecasts are still below the G20s average growth rate before the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight