Nov 18, 2015 02:37 am UTC| Research & Analysis
Moodys Investors Service says its 2016 outlook for private-sector non-financial corporates in Korea is that these companies will show stable credit quality, despite soft macroeconomic conditions."The robust earnings that...
Moody's: October sees slight boost in EMEA high-yield bond issuance, but recovery remains weak
Nov 18, 2015 00:38 am UTC| Research & Analysis
While high-yield bond issuance in Europe, Middle East and Africa was up $4.3 billion in October from Septembers low of 1.4 billion, driven mainly by repeat issuance, it does not signal a year-end rush, says Moodys...
Fitch: US Agricultural Chemicals Remain Challenged through 2016
Nov 17, 2015 22:37 pm UTC| Research & Analysis
Agricultural productivity will outpace food demand in the near term, Fitch Ratings believes. This will likely result in low grain prices and farmer demands for reduced costs including rents, fertilizers, crop protection...
Moody's: Maturities Remain Short in Anticipation of a December rate hike
Nov 17, 2015 21:30 pm UTC| Research & Analysis
Weighted average maturities remain tight, especially within US dollar money market funds (MMFs) and we expect managers to continue to maintain shorter portfolio WAMs as the likelihood of a December rate hike in the US...
Moody's: Global spec-grade corporate default rate rose in October
Nov 17, 2015 09:07 am UTC| Research & Analysis
Moodys trailing 12-month global speculative-grade default rate finished at 2.7% in October, up from 2.6% in September. The latest reading came in slightly above the rating agencys year-ago prediction of 2.4%. The energy...
Fitch: China's Public-Hospital Reform Could Dampen Drug Makers' Profitability
Nov 17, 2015 01:54 am UTC| Research & Analysis
Fitch Ratings says today that Chinas public-hospital reform, which aims to exclude drug sales from public hospitals profit structure while focusing on income from medical services, will be a challenging and prolonged...

Fitch: Investors Accept Negative Euro MMF Yields; VW Exposure Cut
Nov 16, 2015 09:10 am UTC| Research & Analysis
Fitch Ratings says that investors are accepting negative euro money market funds yields, as they face the lack of low-risk alternatives and amid heightened risk aversion at a time of market stress, as was the case over the...