Moody's: 2016 global sovereign credit quality stable despite downside risks
Nov 04, 2015 08:57 am UTC| Research & Analysis
While sovereign ratings around the world will likely remain broadly stable, risks to global growth and capital flows could negatively influence credit quality in 2016, says Moodys Investors Service in its annual Global...
Moody's poll shows muted China growth expectations, but financial crisis unlikely
Nov 04, 2015 02:12 am UTC| Research & Analysis
Moodys Investors Service says that poll respondents at offshore credit briefings in London, Paris and New York in October identified rising corporate distress and increased policy uncertainty as the greatest risks to...
Fitch: India Banks' NPL Pressures to Subside, But Only Gradually
Nov 03, 2015 03:34 am UTC| Research & Analysis
Indian banks stressed assets are likely to have peaked this fiscal year, but the process of recovery is likely to be slow, says Fitch Ratings. A large stressed asset stock combined with structural challenges in key sectors...
Nov 03, 2015 02:00 am UTC| Research & Analysis
Reforms have sparked improvements in Egypts (B3 stable) public finances and economic conditions, but challenges remain, says Moodys Investors Service in a report published today. The rating agency notes that the challenges...
Fitch Affirms Thailand at 'BBB+'; Outlook Stable
Nov 02, 2015 07:24 am UTC| Research & Analysis
Fitch Ratings has affirmed Thailands Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB+ and A- respectively. The issue ratings on Thailands senior unsecured local-currency bonds are also affirmed...
Moody's changes outlook on India's banking system to stable from negative
Nov 02, 2015 03:29 am UTC| Research & Analysis
Moodys Investors Service says that it has changed its outlook for Indias banking system to stable from negative because of the gradual improvement in the operating environment for Indian banks. The stable outlook on...
Fitch: VW Scandal Has No Impact on Existing ABS Transaction Ratings in China
Nov 02, 2015 02:35 am UTC| Research & Analysis
The emission test scandal at Volkswagen AG (VW AG, A/RWN/F1) has no rating impact on the Driver China One Trust and Driver China two Trust transactions, which are Chinese auto loan ABS transactions originated by Volkswagen...