Australia Treasurer Scott Morrison says he is "realistically optimistic" that the government will be able to push through fiscal reforms to reduce debt. » Read More
NEW YORK, July 7- The top-performing high-yield bond exchange-traded fund is betting big that energy companies will not be deadbeats. The $212 million VanEck Vectors Fallen Angel High Yield Bond Exchange Traded Fund is winning its category this year by focusing almost exclusively on particular low-rated bonds: so-called fallen angels, or downgraded bonds...
S&P carried out a mass-cull of UK bank rating outlooks in the wake of the country's vote to end its membership of the EU.
2016 is set to be a record year for sovereign credit rating cuts, driven largely by the hit from lower commodity prices, Fitch Ratings said on Thursday.
Australia faces the prospect of losing its vaunted AAA rating, after S&P Global Ratings lowered the outlook on the country's debt to negative.
Treasurer Scott Morrison says if the Coalition government is re-elected, there'll be no backpedaling on fiscal commitments.
Key Italian financial services firms are under pressure and face the potential need to raise capital, leaving Italian government officials and its banking system trying to steer clear of a crisis.
The RBA might not necessarily signal an easing bias in its July's statement in order to cut rates in August, says Nomura Australia's Andrew Ticehurst.
The RBA will likely wait until Q2 CPI figures come out before it reassesses interest rates, says Compass Global Markets' Tony Boyadjian.
Konstantinos Venetis, economist at Lombard Street Research, discusses buying U.K. bonds and the importance of a triple-A credit rating.
Australia faces political uncertainties such as a credit rating downgrade and possible policy paralysis, explains TD Securities's Annette Beacher.
Ecognosis Advisory's Andrew Freris says the Aussie dollar has been resilient amid uncertainty and its overnight deposits still offer positive yields.
Fitch Ratings's Andrew Colquhoun says an Australia's credit rating downgrade remains unlikely, but near-term risks include elevated housing prices.
As one of the few central banks with positive rates, the Reserve Bank of Australia still has room to cut by 25 basis points, says Kapstream Capital's Kumar Palghat.
Australia's election results are so close, it's not clear the ruling Coalition will have a majority, says Monash University's Zareh Ghazarian.
The uncertain outcome of Saturday's federal election heightened fears Australia could be consigned to three years of minority government and policy paralysis.
The ratings agency reduced its long-term issuer credit rating, after the U.K. voted to leave the EU.
Charles Seville, Fitch Ratings senior director and head of North America sovereign ratings, sees domestic demand in the U.S. contracting in 2017, but not a "really large" impact to the U.S. from trade.
CNBC's Seema Mody reports that rating agency Moody's has changed their outlooks on 12 UK banks following the Brexit decision.
Ed Parker, head of EMEA sovereign ratings at Fitch, says the ratings agency believes Brexit represents a “substantial negative shock” to the U.K. economy and public finances.
Moritz Kraemer, global chief rating officer, sovereign ratings at S&P Global Ratings, gives his view on the U.K.’s rating downgrade scenario in light of it leaving the EU.