Asian firms to see steady earnings growth in 2018, says Moody's

SINGAPORE (Nov 20): Moody's Investors Service says steady economic expansion and corporate earnings growth will underpin the stability of credit quality for corporates in Asia (ex-Japan) in 2018.

Moody's currently has stable outlooks for the key sectors in the region: China property, Asian steel, Asian refining and marketing, Asian telecom, and Asian power.

As at end October, some 88% of investment-grade companies and 68% of non-investment grade companies had stable outlooks, compared to 63% and 55% a year ago.

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