
Defaults among Asia Pacific high-yield nonfinancial firms stay elevated
Defaults among Asia Pacific high-yield nonfinancial firms is estimated to decline to 7% this year from last year’s 10.9%, said

Defaults among Asia Pacific high-yield nonfinancial firms is estimated to decline to 7% this year from last year’s 10.9%, said

The number of companies on Moody’s B3 Negative and Lower Corporate Ratings List fell 21% quarter-over-quarter, finishing June with 256

Moody’s forecasts a 3.6% trailing 12-month high-yield non-financial corporate default rate for Asia Pacific at the end of 2021, down

Moody’s baseline scenario predicts a trailing 12-month APAC high-yield non-financial corporate default rate of 6.0% in 2020, up from 1.1%

The Asian Liquidity Stress Indicator (ALSI) climbed to its second weakest level, and the number of companies rated B3 and