More junk-rated US companies to default in Q1, Moody’s forecasts
By Matt Tracy (Reuters) – Defaults by U.S. companies with low junk credit ratings are likely to rise further in the first quarter of 2024, according to a Thursday report by credit…
Brazil run-off likely to be a close race, says Moody’s
(Reuters) – Moody’s rating agency said on Monday that the results of Brazil’s election on Sunday indicate a tight race in the run-off between President Jair Bolsonaro and former President Luiz Inacio…
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities to constrain activity in Latin America’s second-largest…
Moody’s affirms United States’ rating at ‘Aaa’ on economic strength
(Reuters) – Ratings agency Moody’s on Friday affirmed United States’ rating at “Aaa”, citing the country’s emergence from the pandemic shock with “exceptional” economic strength. “Moody’s expects the US economy and the…
Moody’s downgrades Ukraine to “Caa3” on debt uncertainty
(Reuters) – Moody’s on Friday downgraded Ukraine’s foreign currency sovereign credit rating to “Caa3” from “Caa2”, with a negative outlook, citing increased risks to the government’s “debt sustainability” following Russia’s invasion. “While…
El Salvador’s credibility would benefit from IMF deal – Moody’s
By Jorgelina do Rosario LONDON – El Salvador lacks credibility in managing its finances and would benefit from a program with the International Monetary Fund, an official at ratings agency Moody’s said…
Moody’s sees ‘tough terrain’ ahead for emerging economies as Russia-Ukraine war extends
By Jorgelina do Rosario LONDON – Emerging economies will face a “tough terrain” for the next few quarters due to the Russia-Ukraine war, Atsi Sheth, global head of strategy and research for…
Moody’s withdraws all credit ratings on Russian entities
(Reuters) – Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities. The company said it had decided to withdraw the ratings for its own…
Moody’s to withdraw credit ratings on Russian entities
– Moody’s Investors Service (MIS) said on Thursday it intends to withdraw its credit ratings on Russian entities, following similar moves by Fitch and S&P Global Ratings. The rating agency’s parent firm,…
Women workers could drive $1 trln rise in U.S. GDP – Moody’s
By Federica Urso – The U.S. economy could get a $1 trillion boost over the next 10 years if female labor market participation grew to the levels seen in other developed economies,…
Moody’s cuts Russia rating to Ca on rise in default risk
LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the country’s foreign…
Moody’s warns Russia’s debt payments ban adds to downgrade risk
LONDON – Credit rating agency Moody’s warned on Tuesday that Russia’s move to ban the servicing of newly-issued foreign-currency debt in the wake of stiff Western sanctions had added to the likelihood…
Low risk of sovereign rating pressures from Ukraine tensions, Moody’s says
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues for an…
U.S. rate hikes could hit highly dollarized emerging market banks – Moody’s
By Rodrigo Campos NEW YORK – Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to weaker local currencies and increasing withdrawals in…
Breaking News
