S&P – Top 10 Investor Questions For 2014: Asia-Pacific Corporates

(Editor’s note: Given continuing investor interest in the 2014 credit outlook for Asia-Pacific corporates, this article collates our recent published responses to frequently asked investor questions on Asia-Pacific corporates generally and key sectors specifically.)

Asia-Pacific’s issuers collectively breathed a sigh of relief in late 2013 as the risks of even slower regional economic growth and continuing financial market volatility seemed to be subsiding (see “Asia-Pacific Credit Outlook 2014: A Sigh Of Relief As Growth And Market Risks Subside,” Dec. 10, 2013). The narrowing of the two main risks during 2013 contributed to only a modest pullback in the pace of GDP growth in the region, including China’s, in line with Standard & Poor’s Ratings Services’ base-case scenario (see “Credit Conditions: Asia-Pacific Growth Is Mostly Stable, But Some Lagging Credit Risks Remain For 2014,” Dec. 10, 2013). In fact, China’s growth has stabilized at about the authorities’ target of 7.5%, and the prospect of a hard landing in the near term is increasingly unlikely. Furthermore, capital outflows in the region stemming from speculation about the U.S. Federal Reserve’s tapering of asset purchases (“QE”, or quantitative easing) have taken a breather for now. The local currencies of India and Indonesia, in particular, endured some turmoil when such speculation was rife in markets.

Read full article at https://www.globalcreditportal.com/ratingsdirect/renderArticle.do?articleId=1246723&SctArtId=209085&from=CM&nsl_code=LIME 

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About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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