Moody's: Default rate estimated to rise among struggling E&P companies
May 19, 2015 14:11 pm UTC| Research & Analysis
The 12-month default rate forecast for Oil and Gas companies rated B2 or below in the Exploration and Production (EP) sector is estimated to more than double in the year ahead, Moodys Investors Service said in a new...
Fitch: US Investors Less Bullish on Economic Outlook; Expect Corporate Leverage to Rise
May 19, 2015 13:36 pm UTC| Research & Analysis
U.S. credit investors were more cautious on the economic outlook for the U.S. in the April Fitch Ratings/Fixed Income Forum survey than they were six months earlier. However, their expectations were much more optimistic...
Moody's: Australian life insurers' profits under pressure through to 2016
May 19, 2015 01:17 am UTC| Research & Analysis
Moodys Investors Service says the profitability of Australian life insurers will be under pressure throughout 2015 and 2016, due to the policy lapses and rising claims seen for their risk products."The higher number of...
Fitch: Opportunities and Risks Abound in China's Corporate Bond Market
May 19, 2015 01:11 am UTC| Research & Analysis
Fitch Ratings says in its latest China Research Initiative Blue Book that the development of Chinas fast-growing corporate bond market is being hampered by regulatory fragmentation. Several government agencies oversee a...
Fitch: Big Five IPPs Remain Key Policy Vehicles for China's Clean Energy Goal
May 19, 2015 01:08 am UTC| Research & Analysis
Fitch Ratings says in a new report that Chinas big five state-owned independent power plant operator groups (Big Five IPPs) will remain important policy vehicles that the state will use to meet its goal of shifting the...
Fitch: Australian Covered Bond Issuance Down 28% YTD
May 18, 2015 23:37 pm UTC| Research & Analysis
Fitch Ratings says Australian covered bond issuance was down 28% (AUD2bn) when compared to the same period last year but up 33% (AUD1.3bn) from 4Q Zealand ended the quarter with ANZ Bank New Zealand Limited (...
Moody's: Europe's high-yield bond issuance misses last April's record
May 18, 2015 23:22 pm UTC| Research & Analysis
European high-yield bond volumes were solid in April 2015 at $18 billion, but remained well below the $27 billion recorded in April 2014, says Moodys Investors Service in the May edition of its "High Yield Interest --...
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
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