Fitch: U.S. Life Insurers Facing Heated Commercial Mortgage Market
Jun 10, 2015 16:12 pm UTC| Research & Analysis
Investment in mortgages grew 6.0% in 2014 to $350 billion for life insurers in the Fitch Ratings universe, an increase over the prior-year growth rate of 4.4%, according to a new report published by Fitch. While commercial...
Moody's: Turkish election result raises political uncertainty, likely to delay economic reforms
Jun 10, 2015 11:38 am UTC| Research & Analysis
Turkeys unofficial election result is likely to raise political uncertainty and delay the implementation of key economic policies that would help to protect it from external pressures, Moodys Investors Service said in a...
Moody's revises outlook on Western Australia's Aa1 rating to negative
Jun 10, 2015 02:53 am UTC| Research & Analysis
Investors Service has revised the outlook on Western Australian Treasury Corporations (WATC) Aa1 ratings -- backed by the State of Western Australia -- to negative from stable. At the same time, Moodys has affirmed its...
Moody's: Financial transparency among regional and local governments worldwide has improved
Jun 10, 2015 01:40 am UTC| Research & Analysis
Financial transparency and disclosure among regional and local governments (RLGs) worldwide has improved, a credit positive, says Moodys Investors Services in a report published today. The report focuses on China, Italy,...
Moody's: More corporate defaults in China to come, but mitigated by policy support
Jun 10, 2015 01:37 am UTC| Research & Analysis
Moodys Investors Service says that the number of companies in China (Aa3 stable) in financial distress will rise as slower domestic economic growth and the governments reform agenda, intended to allow markets to play a...
Moody's: Thai banking system outlook stable, amid challenging operating environment
Jun 09, 2015 23:57 pm UTC| Research & Analysis
Moodys Investors Service says that its outlook for Thailands (Baa1 stable) banking system is stable, amid a challenging operating environment."Asset quality is likely to deteriorate, given the challenging operating...
Moody's: Finland's Municipal Guarantee Board Outlook Revised to Negative; Aaa Rating Affirmed
Jun 09, 2015 21:26 pm UTC| Research & Analysis
Moodys Public Sector Europe ("MPSE") has today affirmed the Aaa issuer rating of Municipal Guarantee Board (MGB) and changed the outlook to negative from stable. This action follows the recent action taken on the...
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects