Eurogroup draft proposal on Greece - Reuters
Jul 12, 2015 18:34 pm UTC| Research & Analysis
Following is the draft of the paper, seen by Reuters. Square brackets denoted phrases not yet agreed by all 19 states: The Eurogroup stresses the crucial need to rebuild trust with the Greek authorities as a...
Chinese stock market correction not so significant
Jul 12, 2015 02:40 am UTC| Research & Analysis
Even after last weeks bounce back, Chinas stock market is nearly 30% below its early June highs, with close to US$3trn of wealth destroyed, on paper.The Chinese stock market is still up nearly 15% in the year to date and...
Fitch: Demand for European Corporate Hybrids Remains Strong
Jul 10, 2015 11:50 am UTC| Research & Analysis
Fitch Ratings says in its European Corporate Hybrids Dashboard that demand for hybrid instruments remains strong in 2015 as issuance in the first half of the year amounted to EUR21.8bn. This represented a material increase...
Moody's: Outlook stays negative for Ukraine's banking system
Jul 10, 2015 08:56 am UTC| Research & Analysis
Unchanged since 2009, the banking system outlook is negative for Ukraine (Ca negative), reflecting extremely difficult operating conditions for banks, very likely asset-quality erosion, depletion of capital buffers and...
Moody's changes outlook on Bahrain's banking system to negative from stable
Jul 09, 2015 06:43 am UTC| Research & Analysis
Moodys Investors Service has today changed the outlook for Bahrains banking system to negative from stable, reflecting the rating agencys view that a slowdown in economic growth, resulting from the impact of lower oil...
Fitch: Australian Transportation Sector to Remain Stable through 2015
Jul 08, 2015 23:34 pm UTC| Research & Analysis
Fitch Ratings says in a newly-published report that its Outlook for Australian transportation infrastructure is stable, supported primarily by continued traffic growth. However, exposure to medium-term bullet debt could...
Fitch: UK Whole Business Securitization Outlook Stabilizes
Jul 08, 2015 10:23 am UTC| Research & Analysis
Fitch Ratings says in a newly-published report that its Outlook for UK whole business securitisations (WBS) is stable, having improved from negative at the start of the year. However, exposure to UK consumer discretionary...
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