Moody's comments on Western Australia's 2015/16 budget
May 14, 2015 06:40 am UTC| Research & Analysis
Moodys Investors Service says that Western Australias latest budget, released 14 May 2015, shows that a record high deficit is expected for FY2015/16, as lower income from iron ore royalties and Goods and Services...
May 14, 2015 02:21 am UTC| Research & Analysis
Moodys Investors Service says that the Peoples Bank of Chinas (PBOC) lowering of interest rates for the third time in less than six months will lower the profitability of banks operating in China, because overall loan...
Moody's: Strong macroeconomic environment offsets liquidity risk for Chilean corporates
May 13, 2015 14:15 pm UTC| Research & Analysis
Among Moodys-rated Chilean non-financial, non-utility companies, most have little liquidity cushion to address their upcoming cash needs, but also strong credit quality, Moodys Investors Service says in a new report. The...
Moody's: Liquidity risk increases for Peruvian non-financial corporates
May 13, 2015 14:13 pm UTC| Research & Analysis
Liquidity risk has increased for Peruvian non-financial, non-utility companies over the past year, Moodys Investors Service says in a new report. Perus mining-dependent economy looks set for a partial rebound in 2015, but...
Fitch: China Margin Lending Poses Indirect Risks to Banks
May 13, 2015 01:09 am UTC| Research & Analysis
Rapidly growing margin lending poses indirect risks to Chinese banks through their lending to trust and securitiesfirms, and raises their exposure to stock market volatility, says Fitch Ratings. However, the extent of...
Fitch: Australian Auto Performance Deteriorates due to Seasonality in 1Q15
May 12, 2015 23:10 pm UTC| Research & Analysis
Australian prime auto ABS losses and delinquencies rose over 1Q15, according to Fitchs latest Dinkum ABS Index. Losses continue to remain low and below Fitchs expectations despite the annualised net loss rate increasing by...
Fitch: Australian Auto Performance Deteriorates due to Seasonality in 1Q15
May 12, 2015 23:05 pm UTC| Research & Analysis
Australian prime auto ABS losses and delinquencies rose over 1Q15, according to Fitchs latest Dinkum ABS Index. Losses continue to remain low and below Fitchs expectations despite the annualised net loss rate increasing by...
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
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects