Fitch: Strong Dollar Remains Headwind for US Multinationals
May 29, 2015 13:05 pm UTC| Research & Analysis
Many U.S. multinational companies cited the strong dollar as a headwind to revenues during 1Q15 earnings calls; the dollar has climbed 9% this year against most major currencies. Companies with significant international...
Moody's: Mauritius's diversified and resilient economy support rating; fiscal challenges remain
May 29, 2015 08:44 am UTC| Research & Analysis
Mauritiuss small yet diversified economy, good record of attracting investment and its resilience against external shocks underpin its Baa1 (Stable) government bond rating, Moodys Investors Service said in its latest...
Fitch: China's Changes Ease Access to Interbank Bond Market for Corporate
May 29, 2015 06:19 am UTC| Research & Analysis
Fitch Ratings says the recent regulatory moves in Chinas interbank bond market signal that the Chinese government is committed to enhancing corporates access to debt capital market financing, in a bid to reduce their...
Fitch: Japanese Condominium Prices Outperform Land Prices
May 29, 2015 05:23 am UTC| Research & Analysis
Fitch Ratings says in a new report released today that new house price indices in Japan indicate condominium prices have been outperforming land prices and rising in line with the trend in other major countries. However,...
May 28, 2015 23:10 pm UTC| Research & Analysis
Moodys Investors Service has placed 7 New York local government general obligation bond ratings under review direction uncertain in keeping with a new requirement for audited financial statements for New York local...
Moody's assigns Aa2 to $1.2B of NYC GO bonds; outlook stable
May 28, 2015 22:13 pm UTC| Research & Analysis
$39.8 billion of GO debt outstanding; sale reflects new money and conversion and reoffering of floating rate debt as fixed rateMoodys RatingIssue: General Obligation Bonds, Fiscal 2015 Series 1; Rating: Aa2; Sale Amount:...
Fitch: U.S. Equity REIT Liquidity Profiles Solid Against Plentiful Capital Backdrop
May 28, 2015 20:35 pm UTC| Research & Analysis
U.S. equity REITs cost of debt capital remains attractive by historic standards; however, unsecured bond spreads have remained in the 130-140 basis point range since the beginning of 2015, above the 100-110 basis point...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects