Fitch: Singapore, HK - Diverging Responses to Similar Challenges
Mar 02, 2015 02:12 am UTC| Research & Analysis
The Hong Kong and Singapore budgets released last week highlight some of the long-term economic challenges facing both cities. However, public finances should remain substantial credit strengths for both sovereigns over...
Moody's: India's budget prioritizes growth over fiscal consolidation
Mar 02, 2015 01:05 am UTC| Research & Analysis
Moodys Investors Service says that Indias budget, which prioritizes growth over deficit reduction, is unlikely to materially change Indias sovereign credit profile, which is supported by the economys robust growth, but...
Fitch: U.S. personal bankruptcies set for fifth straight annual decline
Feb 27, 2015 15:47 pm UTC| Research & Analysis
Annual U.S. personal bankruptcy filings are set for a fifth straight drop, though the rate of decline figures to level off over time as lending guidelines become more lax, according to Fitch Ratings in a new report.Fitch...
Fitch: Colombian electricity sector - strong reserve margin to continue
Feb 27, 2015 14:07 pm UTC| Research & Analysis
Fitch Ratings expects the Colombian National Interconnected System (SIN) to continue to show a strong reserve margin. Total capacity is expected to increase to 18,253 megawatts (Mw) by 2018 assuring a sound buffer to meet...
Fitch: Russian retail banks most exposed to full NPL provisions
Feb 27, 2015 13:12 pm UTC| Research & Analysis
Russian banks would have to create around RUB100bn (bn) of additional provisions if the Central Bank of Russia (CBR) requires them to fully reserve non-mortgage consumer loans that are overdue by more than 90 days, Fitch...
Fitch's 'Inside Credit': Europe's Complex Fiscal Rules and Long-term Impact of Low Oil Prices
Feb 27, 2015 13:03 pm UTC| Research & Analysis
This week Inside Credit, Fitch Ratings looks at the eurozones complex fiscal rules, and the impact that sustained low oil prices could have across a disparate set of issuers in multiple sectors.The eurozones fiscal rules...
BOC unlikely to cut rates at next week’s meeting
Feb 27, 2015 09:22 am UTC| Research & Analysis
Canadas annualised inflation rate fell to more than one-year low in January and stood at 1 percent, latest report from Statistics Canada showed on Thursday. Analysts expected for a decline of 0.7 percent. The reading stood...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects