New issue activity on track to meet US$950 billion full-year forecast. Global issuance of sustainable bonds rebounded in the first quarter, setting the stage for a solid year of new issue activity, says Moody’s Investors Service. In a report, the rating...
The relationship between FDI and emerging markets (EMs) used to be one-way traffic. Multinationals from rich countries invested into EMs in search of high returns and new markets, transferring technology, managerial knowhow and expertise in the process. Very little...
Princeton Digital Group secured a $280 million green loan to help finance a $1.5 billion data center it’s building in southern Malaysia, a first for the Asian infrastructure operator as it aims to get that complex operational by June. The...
Challenges have been reduced due to the central bank's move to a flexible exchange rate and the tightening of monetary policy. Fitch Ratings has upgraded Egypt's outlook to positive, saying reduced external financial risks and stronger inflows of foreign direct...
Ankara is expected to take measures to streamline fiscal, monetary and incomes policies in 2024. S&P Global Ratings has upgraded Turkey's credit rating outlook, citing the government's strategy of taking a more rebalanced approach that is expected to generate confidence...
Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors. Knight Frank data revealed that overseas investments constituted 45.6% of Singapore's total capital in 1Q24. The hospitality...
It is anticipated to sustain high profitability with return on assets of around 1.3%. The DBS Bank Ltd. (DBS) will maintain strong solvency and robust funding and liquidity over the next 12 to 18 months, according to Moody’s. DBS is projected...
The bank is also expected to have a steady core capital ratio. UOB will remain stable despite a slight decrease in profitability, Moody’s reported. In the latest rating report, Moody’s projects UOB to maintain a good asset quality in the next...
This will be backed by healthy credit standing. OCBC will remain stable at least until next year amidst projected strong credit fundamentals in 2024-2025, according to Moody’s. In its latest rating report, Moody’s said “OCBC's problem loans ratio will remain below...
Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its...
