Moody

Moody’s downgrades StanChart from ‘positive’ to ‘stable’

The move is in line with revisions to the rating agency’s credit assessment methodology for banks

 Moody’s announced the a downgrade of the ratings outlook to negative from stable for four firms – Adani Green Energy, Adani Green Energy Restricted Group, Adani Transmission Step-One and Adani Electricity Mumbai.

Moody’s downgrades some Adani units, MSCI cuts weightage as concerns grow

MOODY’S downgraded on Friday (Feb 10) the ratings outlook for some Adani Group entities, while MSCI said it would cut the weightings of some companies in its indexes, the latest blows for the Indian c...

SBI’s total exposure was 0.9 per cent of its total loan book, or around 270 billion Indian rupees, chairman Dinesh Kumar Khara has said.

Adani crisis unlikely to pose credit risk for Indian banks: rating agencies

THE exposure of Indian banks to the embattled Adani Group is not enough to impact their credit profiles, two rating agencies said on Tuesday (Feb 7), weeks after a US short-seller report unleashed a b...

Moody’s sustainable finance analyst Young Kim says the “traffic light” approach in the Asean taxonomy provides granularity to companies’ economic activities, and provides greater options for issuers that are looking to finance transition activities that also align with local taxonomies.

Public sector to drive sustainable bond issuance in Asean in 2023: Moody’s

THE public sectors of South-east Asian countries will be the main drivers of the region’s sustainable bond issuance in 2023, as its governments continue to push for their economies to transition to a ...

While Japan’s huge public debt is negative for its credit profile, such weakness is offset by the country’s huge savings and domestic investors’ strong home bias, Moody’s senior vice-president Christian de Guzman said.

Moody’s sees limited impact on Japan’s debt finance from BOJ rate hike

ANY future interest rate hike by the Bank of Japan (BOJ) will likely be gradual and have a limited near-term impact on the country’s debt financing, an official at global ratings agency Moody’s Invest...

Predicting a negative outlook for sovereign creditworthiness in the eurozone this year, Moody's said that the region faces a “mild recession.”

Germany, Italy GDP will fall below pre-Covid level, Moody’s says

GERMANY, Italy and Slovakia will all see their gross domestic product (GDP) fall below pre-pandemic levels in 2023, according to economists at Moody’s Investors Service.

“Policymakers will face increasingly difficult trade-offs between supporting vulnerable households and restoring fiscal positions that have yet to fully recover from the impact of the pandemic,” Moody’s stated.

Environmental, social credit risks to rise in 2023, Moody’s says

ECONOMIC and political turbulence caused by the Covid-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental, social and governance (ESG) credit risks this year, credit ...

Rising inflation and higher funding costs are hurting Swedish real-estate companies, whose debt-driven growth strategies are fast becoming unprofitable, or unfeasible, when refinancing options dry up.

Swedish real-estate companies face risk of more downgrades at Moody’s

THE pain in the Swedish property sector is about to spread further, as more companies face the risk of downgrades spurred by their deteriorating debt profiles, according to credit-rating company Moody...

Moody’s said it expected weaker bank loan quality, profitability and access to funding.

Moody’s cuts outlook for European banks, including Germany’s, on credit woes

GLOBAL credit ratings agency Moody’s downgraded its outlook for banks in Germany, Italy and four other countries to “negative” from “stable” on Wednesday (Nov 2) as Europe’s energy crisis and high inf...

Fosun’s cash on hand at the holding company level is insufficient to cover its short-term debt maturing over the next 12 months, Moody’s said.

Moody’s cuts Fosun International’s rating, revises outlook to ‘negative’

GLOBAL rating agency Moody’s downgraded Fosun International Limited by one notch on Tuesday (Oct 25) and revised its outlook to ‘negative’ from ‘ratings under review’, after the firm divested more as...