Moody's: Thai banking system outlook stable, amid challenging operating environment
Jun 09, 2015 23:57 pm UTC| Research & Analysis
Moodys Investors Service says that its outlook for Thailands (Baa1 stable) banking system is stable, amid a challenging operating environment."Asset quality is likely to deteriorate, given the challenging operating...
Moody's: Finland's Municipal Guarantee Board Outlook Revised to Negative; Aaa Rating Affirmed
Jun 09, 2015 21:26 pm UTC| Research & Analysis
Moodys Public Sector Europe ("MPSE") has today affirmed the Aaa issuer rating of Municipal Guarantee Board (MGB) and changed the outlook to negative from stable. This action follows the recent action taken on the...
Fitch: Reform Implementation Key after Mexico Midterm Elections
Jun 09, 2015 18:04 pm UTC| Research & Analysis
The outcome of Mexicos midterm elections should not lead to deviations in Mexicos macro-economic and policy outlook and could limit political risks to fiscal consolidation, Fitch Ratings says. Important structural reforms...
Fitch: Chinese Asset Managers Face More Competition Amid Sustained Growth
Jun 09, 2015 01:09 am UTC| Research & Analysis
Chinas asset management industry has been expanding rapidly since mid-2013, and continued growth will increase competition in the sector, says Fitch Ratings in a new report.The total amount of mutual funds and mandates...
Fitch: Brazilian DisCos Rules for Concessions Renewal are Positive, but Challenging
Jun 08, 2015 15:23 pm UTC| Research & Analysis
The presidential decree authorizing the Ministry of Mines and Energy to renew the power distribution concessions is positive for the Brazilian power sector, but will pose some challenges for certain Distribution Companies...
Fitch: Turkey Election Heightens Political, Policy Uncertainty
Jun 08, 2015 15:09 pm UTC| Research & Analysis
The inconclusive result of Turkeys parliamentary election increases near-term political uncertainty and may aggravate tensions regarding economic policy, Fitch Ratings says. This could increase risk to the sovereign credit...
Fitch: Negative Headwinds Building for Mexican Corporates
Jun 08, 2015 14:14 pm UTC| Research & Analysis
Fitch Ratings has published a special report titled Mexican Corporates Rating Outlook Update. The report explores the change in bias of the Rating Outlook to Negative from Positive for Mexican Companies, gives and overview...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects