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Asset risks to rise for ASEAN, India banks but credit strength will remain intact: Moody's

Singapore, August 11 (ANI): Asset risks for banks will rise in most parts of ASEAN and India as the region battles new waves of coronavirus infections amid low vaccination rates, Moody's Investors Service said on Wednesday.

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Moody's affirms Tata Chemicals Ba1 rating with stable outlook

Singapore, June 11 (ANI): Moody's Investors Service on Friday affirmed the Ba1 corporate family rating of Tata Chemicals Ltd (TCL).

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India's economy to grow at 9.3 pc in FY22, risks persist: Moody's

Singapore, June 1 (ANI): India's economy will rebound in the current financial year to mark a growth of 9.3 per cent but the second Covid-19 wave has increased risks to the country's outlook with potential longer-term credit implications, Moody's Investors Service said on Tuesday.

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Conflict in Israel has limited economic implications: Moody's

Conflict in Israel has limited economic implications: Moody s ANI | Updated: May 24, 2021 12:47 IST London [UK], May 24 (ANI): Given the long-standing resilience of the Israeli economy to geopolitical developments, Moody s Investors Service expects heightened conflict with Hamas militants in Palestine to have only a modest impact on the country s economic recovery from the pandemic and on the government s near-term fiscal metrics. However, Moody s said the violence risks further complicating efforts to assemble a stable majority coalition government which will have negative implications for both elaboration of an effective post-crisis fiscal strategy and implementation of wider structural reforms. As such, it does not expect the events to materially disrupt Israel s robust economic recovery which will remain supported by rapid vaccination progress and a strong pre-pandemic macroeconomic position.

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South Africa's credit rating still in peril from structurally weak growth, Moody's says

South Africa’s credit rating still in peril from structurally weak growth, Moody’s says Moody s Investors Service has SA two notches into junk status with a negative outlook, and Covid-19 is still expected to weigh on growth in 2021 PREMIUM By Karl Gernetzky - 18 May 2021 Should South Africa’s economic growth remain weak, the country is at risk of a further downgrade, Moody’s Investors Service has warned. This article is reserved for DispatchLIVE subscribers. Get access to ALL DispatchLIVE content from only R45.00 per month. Already subscribed? Simply sign in below. Already registered on HeraldLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

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