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Asia-Pacific corporates face escalating risks, defaults mount: Moody's
Updated : 2 years ago IST
According to the report, by the end of 2023, the share of ratings with a stable outlook in the Asia-Pacific corporate portfolio had declined significantly, plummeting from 83 per cent at the end of 2022 to a mere 68 per cent.
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China's debt clampdown raises risk of local government financial defaults
Updated : 4 years, 10 months ago IST
Beijing [China], May 27 (ANI): China's debt clampdown has raised the risk of a wave of defaults among the country's heavily indebted local government financing vehicles (LGFVs) for the first time, causing concern in financial markets.
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