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%
China’s moderate policy support and the lack of a growth target for 2020 suggest that recovery from the coronavirus recession
The coronavirus-triggered global recession will continue to pressure Asia Pacific non-financial companies, with negative credit trends to persist through the
Moody’s Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) decreased to 39.7% in June from 40.7% in
Policy measures taken by the ASEAN-5 economies – Malaysia (A3 stable), the Philippines (Baa2 stable), Indonesia (Baa2 stable), Vietnam (Ba3
The number of companies most at risk of losing their investment-grade ratings – the potential fallen angels – in Asia
The absence of a GDP growth target together with the announced fiscal support measures indicate that China’s recovery from the
About 22% of 476 rated non-financial companies in Asia Pacific have high exposure to coronavirus disruptions, up from 20% in
Moody’s Investors Service said recently in a new report that Chinese insurers’ solvency remains strong due to higher earnings from
The Asian Liquidity Stress Indicator (ALSI) climbed to its second weakest level, and the number of companies rated B3 and
Indonesia’s (Baa2 stable) GDP growth will slow to its lowest rate since the 1998-99 Asian financial crisis, with prolonged risk
The coronavirus outbreak and the related oil price shock will lower sovereigns’ economic and fiscal strength, increase weaker sovereigns’ vulnerability
