Moody's

Labelled bonds on the decline worldwide - THE EDGE SINGAPORE

Environmental, Social and Governance

Labelled bonds on the decline worldwide

Labelled bonds have accounted for a lower share of global bond volumes this year, averaging 11% across 9M2024, which represents the lowest issuance share since 2020.

Credit downgrade

Israel cut by Moody’s again as war takes economic toll

Moody’s cut Israel by two notches to Baa1 from A2, the ratings company said in a statement Friday, leaving the country three steps above non-investment grade.

Sustainability

Global issuance of sustainable bonds decline 26% q-o-q in 3Q2023, except in Asia-Pacific which grew by 1%

The decline in global issuance of sustainable bonds is not isolated, with global bond markets facing 22% drop q-o-q.
With Fitch's US credit rating downgrade, world's shrinking AAA debt options include Singapore, Norway - THE EDGE SINGAPORE

US Economy

With Fitch's US credit rating downgrade, world's shrinking AAA debt options include Singapore, Norway

Fitch’s downgrade of the US sovereign follows the cut by S&P in 2011.
Moody's assigns Baa1 foreign currency issuer rating to MPACT - THE EDGE SINGAPORE

REITs

Moody's assigns Baa1 foreign currency issuer rating to MPACT

MPACT’s rating could be upgraded if the trust balances its growth while improving its leverage.
Briefs: Powell aims for 'growth recession'; Silkroad Nickel to privatise - THE EDGE SINGAPORE

Global Economy

Briefs: Powell aims for 'growth recession'; Silkroad Nickel to privatise

"You’re just sitting around in this beta state, consuming stuff" - Mark Zuckerberg, founder of Meta Platforms, on watching TV.
ESG investing: Losing steam or teething problems? - THE EDGE SINGAPORE

Environmental, Social and Governance

ESG investing: Losing steam or teething problems?

Sustainable bond issuance will be flat in 2022 amid market headwinds, says Moody's. Is ESG investing losing momentum?
Moody's downgrades Lippo Mall Indonesia Retail Trust's debt to B2 - THE EDGE SINGAPORE

REITs

Moody's downgrades Lippo Mall Indonesia Retail Trust's debt to B2

Moody's downgrades Lippo Mall Indonesia Retail Trust to B2 from B1, and points out ICR is below the recommended 2.5x

Global Economy

Briefs

With business optimism sinking to all-time low levels, and landlords being pushed to pass on their full tax rebates to their tenants, here's what's going on in the market this week.

Noble climbs even as Moody's flags US$900 mil funding gap

(May 16): After a savage three-day sell-off, Noble Group shares climbed on Tuesday even as Moody’s Investors Service joined S&P Global Ratings in highlighting the embattled commodity trader’s finances, saying that estimated liquidity isn’t sufficien
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