Moody's Investors Service

Moody's Investors Service

Stories by Moody's Investors Service

Asia's Banks: Good News From the Front

Moody’s has changed the industry outlooks of the following banking systems from negative to stable: Australia, China, Hong Kong, Indonesia, India, Korea, Malaysia, New Zealand, the Philippines, Singapore, Taiwan, and Thailand.

Dubai Inc: Assessing the Fallout From the Debt Standstill

Last Wednesday (25 November 2009), the government of Dubai announced that it was restructuring the liabilities of Dubai World and requesting a standstill on the financings of Dubai World and its troubled real estate subsidiary, Nakheel. Both the announcement itself and its timing took markets by surprise and has thrown credit markets into turmoil.