Singapore, October 14 (ANI): A total of 10 companies rated by S&P Global Ratings including seven confidential issuers defaulted in Asia last year, up from three corporate defaults in 2018.
Mumbai (Maharashtra) [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) has maintained a negative outlook on its mid and emerging corporates (MEC) portfolio for 2H FY21 due to persisting liquidity and macro-economic headwinds caused by Covid-19 led business disruptions.
Hong Kong, Oct 10 (ANI): Fitch Ratings has affirmed Adani Green Energy Ltd restricted group 2 (AGEL RG2) 362.5 million dollars senior secured partially amortising notes due in 2039 at BBB-minus.
Singapore, October 9 (ANI): Fitch Ratings has affirmed Hindustan Petroleum Corporation Ltd's (HPCL's) long-term foreign currency issuer default rating at BBB-minus with a negative outlook.
Singapore, Oct 7 (ANI): Fitch Ratings has affirmed Export Import Bank of India's (EXIM) long-term issuer default rating at BBB-minus with negative outlook, mirroring the outlook on India's sovereign rating (BBB-minus/negative).
Hong Kong [China], October 7 (ANI): Global perceptions of China have turned increasingly negative due to COVID-19 pandemic in the past few months, CNN quoted a new survey released by Pew Research on Tuesday.
Mumbai (Maharashtra) [India], October 6 (ANI): The US withhold release order on cotton and apparel imports from specific producers in Xinjiang Uygur Autonomous Region (XUAR) may escalate global trade tensions and thus have negative implications on Indian textile sector in the short run, Indi
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
Hong Kong, October 6 (ANI): The Indian IT services sector is likely to resume high single-digit revenue growth in 2021-2022 on higher demand for digital transformation, according to a new report by Fitch Ratings released on Tuesday.
Singapore, October 5 (ANI): Moody's Investors Service on Monday assigned a Ba2 rating to the proposed senior unsecured notes to be issued by Periama Holdings LLC, a wholly-owned indirect subsidiary of JSW Steel Ltd.
Singapore, October 1 (ANI): Provisioning levels will remain elevated across Asia Pacific (A-Pac) banking sectors in the second half of this year and 2021, according to Fitch Ratings.
Hong Kong, September 29 (ANI): Deepening divergence in the COVID-19 recovery is weighing on credit conditions in the Asia Pacific, S&P Global Ratings said on Tuesday.