Tag: standard poors

Many Asia-Pacific governments face the difficult task of controlling inflation and asset price appreciation at a time when economic support measures and borrowing needs remain ... Asia appears relatively immune from Dubai’s debt problems, while Dubai World says less than half the amount of debt initially believed to be affected is included under the ... The Dubai government’s request for a standstill on Dubai World debt could be the beginning of a sovereign default. The availability of cheaper and easier financing alternatives and the diverse market environment are impeding the growth of securitisation markets in the region, but there are ... As the global downturn shows signs of bottoming out, Standard & Poor’s regional credit ratings scale for Asean could prove useful as a benchmark to differentiate among issuers ... Recovery is partly due to "hot" money inflows, but limited supply will keep the commercial sector on track, while demand for residential housing will be supported by low ... Aggressive loan growth could significantly stretch the banks' newly developed risk management systems, and the quality of new loans is expected to be inferior to the quality of ... Following suggestions by China's central bank governor for a new world reserve currency, S&P takes a look at why the dollar is so dominant in the first place and what are the ... Standard & Poor's lowers its local currency rating for Thailand after anti-government protests turn violent. Despite recent negative news, a recovery in the Asia-Pacific region is possible in the second half of 2009, but any further shocks will be difficult to counter. The value of sukuk issuance dropped by more than 56% in 2008 and S&P doesn't expect the market to revive before the second half of 2009. However, several structural factors ... Intra-regional integration cushions Asia-Pacific economies from the global turmoil, while falling inflation rates open the way for monetary stimulus. The bias has shifted towards ratings downgrades in Asia and the three defaults so far this year are likely to be followed by more, according to Standard & Poor's. Prices continue to plunge, but the US housing market doesn't appear to be turning around just yet, writes Standard & Poor's chief economist. Standard & Poor's says ongoing high food costs will significantly increase the susceptibility of some countries to negative ratings movements. Conflicting hypotheses of Asia's decoupling versus a severe negative impact on the region from a US slowdown will be put to the test over the next few quarters, argues Standard ... A top executive from Moody's says investors were warned in 2006 about the increased risk in certain kinds of credit transactions. The internal promotion of Yu-Tsung Chang aims to put more focus on the agency's credit ratings business in Asia. The ratings agency says Asian economies will withstand the current liquidity squeeze, but the corporate sector is now more vulnerable to capital outflows. Equity markets will witness further selling, but the consensus among experts is that the long-term prospects of Asia’s equity markets remain positive.