Fitch: China's Slowing Land Sales Pressure Sub-Nationals; But Impact Manageable
Apr 02, 2015 11:01 am UTC| Research & Analysis
Fitch Ratings says Chinas local and regional governments (LRGs) will be able to manage the pressure on their budgetary performance caused by falling land sales revenue.Fitch expects the decline in land sales to have...
Foreign investors net sellers of Japan shares for last week
Apr 02, 2015 00:05 am UTC| Research & Analysis
Details of net investments were as follows (in billion yen): stocks bonds bills Mar 22 - Mar 28 -35.1 187.1 1,170.70 Mar 15 - Mar 21 -352.4r -954.5r 170.6 Japanese investment...
Fitch Downgrades Greek Banks to 'CCC' on Sovereign Downgrade
Apr 01, 2015 15:15 pm UTC| Research & Analysis
Fitch Ratings has downgraded National Bank of Greece S.A.s (NBG), Piraeus Bank, S.A.s (Piraeus), Eurobank Ergasias S.A.s (Eurobank) and Alpha Bank AEs (Alpha) Long-term Issuer Default Ratings (IDR) to CCC from B- and...
Moody's affirms Saudi Arabia's Aa3 rating on strong fiscal buffers
Apr 01, 2015 13:41 pm UTC| Research & Analysis
Moodys Investors Service has today affirmed Saudi Arabias Aa3 long-term issuer rating and maintained a stable outlook on the rating. This reflects the kingdoms ample financial assets, which will allow it to weather a...
China’s Big Stock Market Rally Is Being Fueled by High-School Dropouts: Survey
Apr 01, 2015 02:02 am UTC| Research & Analysis
The survey was conducted at the end of 2014, headed by Professor Li Gan of Southwestern University of Finance and Economics, Bloomberg reports. Covers some 4,000 households across the country Finds that the biggest...
Apr 01, 2015 01:26 am UTC| Research & Analysis
As per the ECBs February monetary developments release, the aggregate credit trend in the Euro Area continues to improve. Loans to the private sector are now only down 0.1% on a year ago versus -0.2%yr in January and...
Mar 31, 2015 14:19 pm UTC| Research & Analysis
Portugal (Ba1 stable) is set to benefit from broad structural reforms and accelerating economic growth in the coming years, but its large, albeit declining debt burden continues to form a challenge, says Moodys Investors...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects