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Analysis-Big investors steer clear of French debt as government finances creak
19 Apr 2024 05:39 GMT
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) - Some of the world's biggest investors are staying away from France's government debt, feeling underpaid to take on exposure to its deteriorating public …
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Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody's
18 Apr 2024 16:34 GMT
"The technology underpinning these markets, primarily smart contracts, is susceptible to risks such as bugs, rug pulls, price manipulations, and oracle failures. These vulnerabilities not only pose financial risks to participants but also hinder the …
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Codelco will benefit from entry into lithium business, Moody's says
18 Apr 2024 03:06 GMT
SANTIAGO - Chile's struggling state-owned copper giant Codelco will be able to diversify its business, improve cash flow and change its business profile with its entry into the lithium market, Moody's said on Wednesday.
Chile's government last …
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Repeat offenders made up 40% of US corporate defaults in 2023, Moody's says
16 Apr 2024 17:02 GMT
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS
By Matt Tracy (Reuters) - Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously done so, according to a new report from credit ratings agency Moody's. These and other …
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Date Set For Moody's Earnings Release And Investor Teleconference
16 Apr 2024 11:06 GMT
Moody's Corporation (NYSE: MCO) will release its first quarter 2024 results before the start of NYSE trading on Thursday, May 2, 2024. A copy of the earnings release and supplemental presentation slides will be posted on Moody's Investor Relations …
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Breakfast briefing: Powell dials back rate cut expectations
16 Apr 2024 21:25 GMT
Here's our summary of key economic events overnight that affect New Zealand, with news the US Fed is telling markets rate cuts from them are not coming soon.
First up today, the overnight dairy auction confirmed the recent rises, but didn't add to …
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Calling Richard III: A kingdom for some oversight from the Arizona Board of Regents
19 Apr 2024 22:48 GMT
If I had a kingdom, I would give it.
I'm not asking for a horse. I'd just like the Arizona Board of Regents to do the job it was created to do.
Look, I have a desk, a couple coffee mug, some shrimp in the freezer and a dog of an unknown make, model …
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LAUSD bonds get ratings boost ahead of BABs refunding
19 Apr 2024 22:13 GMT
Improved finances brought Los Angeles Unified School District upgrades from two ratings agencies as it heads to market April 24 with a $2.98 billion Build America Bonds redemption and general obligation bond refunding.
The upgrades affect roughly $11 …
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Louisiana lawmakers looking to restrict ESG usage by state's universities
19 Apr 2024 19:45 GMT
(The Center Square) — A bill in the Louisiana House of Representatives would require university boards to seek approval from lawmakers before using environmental, social and governance criteria.
House Bill 909 would mandate the universities' boards of …
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Will House Prices Go Down? Housing Market Stung by New Prediction
19 Apr 2024 15:46 GMT
The Federal Home Loan Mortgage Corporation, better known as Freddie Mac, is predicting that home prices will rise much more modestly in 2024 and 2025 than its experts had previously estimated.
At the beginning of the year, Freddie Mac had forecasted that …