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Wed, Oct 14, 2026 08:38 AM All times are UTC

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Fitch: Boom in Wealth Management Products a Key Risk for Some Chinese Banks

Mar 08, 2016 01:46 am UTC| Research & Analysis

The continued rapid growth in wealth management products (WMPs) invested through Chinese banks could be a key source of credit and liquidity risk for certain financial institutions, says Fitch Ratings. The fast rise in...

Moody's: Several EMEA fallen angels flashing early warning signs of default

Mar 08, 2016 00:18 am UTC| Research & Analysis

While early warning signs of default are most prevalent among B3-rated EMEA high-yield companies, a number of fallen angels in the Ba1 and Ba2 rating band are also showing warning signs, says Moodys Investors Service today...

Oil in Global Economy Series

Moody's: Protracted fall in oil and China slowdown mean weaker global growth, not recession

Mar 07, 2016 23:00 pm UTC| Research & Analysis

The protracted decline in oil prices and weaker growth in China have prompted a reappraisal of global economic growth prospects, causing risk aversion to rise and financial market conditions to tighten. However, while the...

Fitch: Widespread Cuts in Growth Forecasts, But No Global Recession

Mar 07, 2016 12:02 pm UTC| Research & Analysis

Fitch Ratings has made widespread downward revisions to growth forecasts in its latest Global Economic Outlook (GEO). While the biggest revisions have been to emerging market commodity producers - namely Brazil, Russia and...

Fitch: Lower Lending Rates in Indonesia May Help Corporates, Squeeze Banks

Mar 07, 2016 04:11 am UTC| Research & Analysis

Indonesias goal of reducing bank lending rates to single-digit levels will likely benefit most businesses, although banks may have to operate with thinner net interest margins and there are still uncertainties about...

Fitch: China's New Province-Level Renewable Goals More Effective

Mar 07, 2016 03:02 am UTC| Research & Analysis

Fitch Ratings says that the recent guideline from Chinas Energy Bureau more effectively addresses the off-take of renewable energy by the different provinces than previous rules. Fitch believes that the new guideline is...

Moody's: Opening of China's interbank bond market is credit positive

Mar 07, 2016 02:50 am UTC| Research & Analysis

Moodys Investors Service says that Chinas decision to open up its interbank bond market will benefit the development of bond markets generally on the Mainland and is also credit positive for foreign fund managers. Moodys...

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Economy

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the global...

Philippines Current Account Deficit Seen at $19.1 Billion in 2026

The Bangko Sentral ng Pilipinas (BSP) expects the Philippines current account deficit to reach $19.1 billion in 2026, equivalent to 3.8% of the countrys gross domestic product (GDP), according to projections announced by...

RBA Signals More Rate Hikes as Inflation Risks Rise

The Reserve Bank of Australia (RBA) has indicated that further interest rate hikes remain possible as policymakers confront persistent inflation pressures and rising global costs, according to minutes from its September...

Politics

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

US Recalls Nicaragua Envoy After Ambassador Rejection

The United States has recalled its acting envoy to Nicaragua, Elias Baumann, to Washington for urgent diplomatic consultations after the Nicaraguan government rejected Washingtons choice for ambassador, Natasha Franceschi,...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...

OpenAI Uses AI to Uncover Hidden Recording Device, FBI Makes Arrest

OpenAI has revealed that its artificial intelligence models played a crucial role in investigating a hidden recording device discovered inside one of its offices. The unusual security incident resulted in an employee being...

Citi Upgrades Galaxy Digital Stock, Raises Price Target to $28

Citigroup has upgraded Galaxy Digital (GLXY) stock from Neutral to Buy, raising its price target from $26 to $28 as confidence grows in the companys artificial intelligence (AI) infrastructure business. The revised target...

Trezor Cuts Reseller Network After Ledger Security Breach

Hardware wallet manufacturer Trezor is reducing its authorized reseller network following a major supply-chain security incident involving rival Ledger, introducing stricter distribution controls to protect cryptocurrency...