The credit worthiness outlook for sovereigns in the Asia-Pacific (APAC) region, including India for 2023 is stable as compared to the negative outlook for ...
Debt burdens will continue to rise, or stabilise at higher levels in countries such as India and Malaysia, Moody's said. Key risks relate to weaker economic growth for longer in China; acute credit strains for lower-rated frontier markets that will continue to face heightened liquidity and currency depreciation pressures; and domestic politics and geopolitics. According to the report, elevated commodities prices will keep spending on food and fuel subsidies or other measures high, with little impetus to reduce support, particularly for economies with elections approaching in 2023 or early 2024, including Bangladesh and India. The debt sustainability and financial stability are relatively well anchored in the region, with contained government liquidity risks, broadly stable debt dynamics and generally sound external positions, the credit rating agency said in a report. The debt affordability has been anchored in India, Malaysia and Thailand as they have a large institutional investor base and banking systems, IANS cited from the rating agency's report. The credit worthiness outlook for countries in the Asia-Pacific (APAC) region, including that of India, for 2023 is stable as compared to the negative outlook for sovereigns globally,
Related Content: Gulf Cooperation Council Corporates Outlook 2023Fitch Ratings-Dubai-09 January 2023: The outlook for GCC corporates is neutral for 2023.
Oil rallied at the start of the week on optimism about China's demand recovery and on gains in wider markets.
Prices rallied as much as 4% intraday but with the forward curve still flashing weakness ahead, many traders said prices near $77 were a trigger to sell. [batch](https://www.bloomberg.com/news/articles/2023-01-09/china-issues-huge-crude-oil-import-quota-as-nation-ditches-covid-zero-policy) of crude oil import quotas, a signal it’s gearing up to meet higher demand. China’s generous quota for crude imports boosted oil with renewed hopes for a demand revival in the world’s largest buyer.
Oil prices climbed more than 2% on Monday as China's move to reopen its borders boosted the demand outlook and overshadowed global recession concerns.
crude contracts are trading at a discount to the next month, a structure known as contango, which typically indicates bearish sentiment. Domestically, about 2 billion trips are expected during the Lunar New Year season, nearly double last year's and 70% of 2019 levels, Beijing says. Both the near-term Brent and U.S. West Texas Intermediate crude rose 86 cents, or 1.2%, to $74.63. Register for free to Reuters and know the full story Brent crude was up $1.08, or 1.4%, at $79.65 a barrel.
(Bloomberg) -- Oil rallied at the start of the week on optimism about China's demand recovery and on gains in wider markets. Most Read from BloombergGoldman ...
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Hopes for less-aggressive US interest rate rises are buoying financial markets and depressing the dollar.
Last week, US energy firms cut the number of operating oil and natural gas rigs by seven, the biggest weekly decline since September 2021, energy services firm Baker Hughes Co said on Friday. Energy futures for crude oil, refined products and natural gas have plummeted in the New Year as traders have reconsidered near-term worries over cold weather and fears of supply shortages and dumped contracts. [reopening](https://www.dawn.com/news/1730568) of borders that lifted the fuel demand outlook and partly offset concerns of global recession.
“The debt sustainability and financial stability are relatively well anchored in the region, with contained government liquidity risks, broadly stable debt ...
Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook and par...
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Robeco's outlook for 'short-term pain, long-term gain' warns that 2023 is likely to see recession, and that investors need to wait for inflation, interest.
“There can be no backtracking on climate: the evidence about climate change continues to mount, and COP27 highlighted that political will is key to shaping the balance between climate ambition and implementation,” Graham says. “We could see another backlash against social media and more regulation on large technology and social media platforms as data protection issues come to the fore again,” says Graham. We could see a multinational ‘super fund’ set up to facilitate the net zero transition, backed by several governments.” The problem is that it has also led to a rise in greenwashing, where companies and investors make ESG claims that cannot be substantiated, often for PR and marketing reasons. Then there is the possibility of a ‘shock regime change’, as witnessed when the UK which went through three prime ministers in 2022. “This would expose investments that were only funded because cash was ‘free’ at the time.” “It could claim that the 2% target is far too close to zero, saying the next recession could tip the economy into outright deflation,” Graham says. The problem here is that in 2022, there was little difference between any of them. “Here, US inflation peaks without a recession, the dollar drops, and the US Federal Reserve (Fed) can rest easy but remain vigilant,” says Colin Graham, Head of Multi-Asset Strategies at Robeco. The result for multi-asset investors is that high yield bonds become very attractive as default rate expectations fall.” Even worse is the prospect of deflation. The current consensus isn’t that rosy, but if history tells us anything, it’s that nothing is ever set in stone.
It is no secret that the COVID-19 pandemic and subsequent supply chain constraints have altered many organizations' purchasing decisions.
Non-participating utility employees can register for the webinar here and get access to the report for $250. Upon registering for the webinar, a link to access a digital version of the report will be sent to you. It is no secret that the COVID-19 pandemic and subsequent supply chain constraints have altered many organizations’ purchasing decisions.
Identify the top three outcomes of Taiwan's November 26 local elections. The most important thing is that President Tsai stepped down as DPP [Democratic ...
Tsai herself may be nearing the end of her tenure, but her ideas continue to motivate the party and the country. However, as mayor of the capital, he will eventually have to take a stance on how to deal with China. Chiang is one of only a small handful of KMT figures with the potential to do this. The PRC insists that the 1992 Consensus is simply one China (the PRC), so the DPP is now seen as the party defending the status quo. The KMT is still stuck with the electorally unviable 1992 Consensus (one China, each side with its own interpretation) as the cornerstone of how to deal with China. However, there is no Taiwanese or Chinese way to pave a road or subsidize false teeth, so the KMT is not necessarily disadvantaged in local politics.
The opinions expressed here belongs to the author and do not represent the views of High North News. As Scotland eyes a potential second independence referendum ...
In collaboration with the University of Athabasca, the project aims to investigate ways to promote food sovereignty in rural Scottish and indigenous Arctic communities. The shifts between the Scottish people and the United Kingdom have become undeniable. These organizations must propose a project that explores the shared issues between Scotland and the Arctic. Launched in March of 2022, Scotland based organizations are encouraged to apply for a grant of between £1000- £10000. Scotland voted clearly to remain in the European Union, yet was dragged out all the same due to the U.K. In 2016, Scotland’s place in the United Kingdom became unclear with the massive split in opinion over Brexit.
Fitch Ratings-Chicago-09 January 2023: Fitch Ratings has upgraded two classes and affirmed 13 classes of COMM 2014-LC17 Mortgage Trust. The Rating Outlo.
Global ratings agency S&P Global lowered Southwest Airlines Co's outlook to stable from positive, saying it expects the airline to generate weaker funds ...
Moody's, in a report dated Jan. 22 and Dec. A severe winter storm right before Christmas, coupled with Southwest's outdated systems, caused havoc on the airline's operations, causing over 16,000 flight cancellations between Dec.
Fitch Ratings - Hong Kong/Beijing - 09 Jan 2023: Fitch Ratings has affirmed China-based food conglomerate Bright Food (Group) Co., Ltd.'s (BFG) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook.
Fitch Ratings-Tokyo/Taipei-10 January 2023: Fitch Ratings has affirmed Honda Finance Co., Ltd.'s (HFC) Long-Term Foreign- and Local-Currency Issuer Defa.