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SINKING MARKETS

Default rate expected to rise further in 2016: Moody's

Friday, January 15, 2016 - 05:50

Singapore

THE global speculative-grade default rate has risen in 2015 and will continue on this track as volatility in the oil- and-gas and metals-and-mining sectors - along with slowing growth in China - stresses the credit metrics of speculative-grade issuers, says Moody's Investors

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