Fitch: Tax a Key Risk for Russian Oil Sector if Prices Stay Low
Jan 26, 2016 09:38 am UTC| Research & Analysis
The biggest risk to Russian oil companies is the potential for significant changes to a tax regime that previously insulated them from the impact of falling prices, Fitch Ratings says. Our base case is that oil prices will...
Fitch: Thailand's Liberalisation of NGV Price Positive for Industry
Jan 26, 2016 05:55 am UTC| Research & Analysis Politics
Thailands plan to remove the cap on the retail price of natural gas for vehicles (NGV) is positive for Thailands oil and gas sector. Prices of all types of fuel in Thailand will reflect actual costs once the latest NGV...
DTCC Report Points Limitations To Distributed Ledger Technology
Jan 26, 2016 05:38 am UTC| Digital Currency Research & Analysis
The Depository Trust Clearing Corporation (DTCC), has released a report, entitled Embracing Disruption: Tapping the Potential of Distributed Ledgers to Improve the Post-Trade Landscape, that calls for industry-wide...

Fitch: Spain Fundamentals Index Unchanged at '+5'
Jan 25, 2016 10:14 am UTC| Research & Analysis
The Spanish Fitch Fundamentals Index (FFI) held steady at +5 in 4Q15 as a deterioration in ABS performance was offset by an improvement in Rating Outlooks. Trends in transportation, unemployment, new credit and SME...

Fitch: Weaker Oil Prices to Challenge EMEA Majors' Ratings
Jan 25, 2016 09:24 am UTC| Research & Analysis
Weak oil prices in 2016 will leave five of seven large EMEA oil companies with financial leverage above the level Fitch Ratings normally considers appropriate for their current ratings, by a median of 0.6x, according to...
Moody's and ICRA poll finds India's growth in 2016 increasingly vulnerable to external risks
Jan 25, 2016 02:59 am UTC| Research & Analysis
Moodys Investors Service says that a poll that Moodys and its Indian affiliate, ICRA Limited, conducted in Mumbai in mid-January 2016 shows that market concerns over Indias (Baa3 positive) economic exposure to external...

S&P may cut oil countries' ratings to reflect 'new reality'
Jan 22, 2016 10:28 am UTC| Research & Analysis
Credit rating agency Standard Poors signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last years move when it made a big group of cuts all at...