The Business Times
business-time-50

Brazil investment grade rating is at risk, warns S&P

Published Wed, Jul 29, 2015 · 09:50 PM

Sao Paulo

STANDARD & Poor's on Tuesday said Brazil could lose its coveted investment-grade rating in the coming year if fallout from a number of corruption investigations further stymies economic growth and implementation of austerity measures.

The warning is a setback to Finance Minister Joaquim Levy's efforts to win back investor confidence in Latin America's largest economy, headed to a steep recession.

Brazil

TRENDING NOW

As demand for US bonds falls and yields rise, capital is typically drawn into the greenback, causing capital outflows from emerging market currencies.

Why US$100 oil, 5% US yields affect Singdollar, ringgit differently vs other Asean currencies

Anthropic has initiated local hiring across several operational roles to support the new entity.

Anthropic to open Singapore office in October, sees it as ‘standout market’ for Claude

Covered bonds issuance hit a record S$11 billion in 2025, while the outstanding market has expanded at a compound annual growth rate of 15% since 2021.

Singapore’s covered bond boom is largely a DBS story

The 46,106 sq ft site in Lorong Puntong/Sin Ming Avenue can generate about 140 private housing units.

Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More