Asia-Pacific Sovereigns See Rating Stability in H1, But Geopolitical Risks Lurk, S&P Says

MT Newswires Live07-26

Asia-Pacific sovereigns saw rating stability in the first half of 2024 due to a lack of major financial surprises, but geopolitical issues will continue to pose risks, S&P Global Ratings said in a report published on Friday.

The rating agency only had one action in the period with the revision of India's outlook to positive from stable, adding that it sees "few changes in the next year or so" given the stable outlooks for 18 out of 21 foreign currency sovereign ratings in the region.

"Our latest economic growth forecast for Asia-Pacific remains little changed from that in late 2023, with positive revisions for some of the larger economies offsetting negative changes in Southeast Asia," S&P said.

The ongoing conflict in Ukraine or that of the Middle East as well as rising US-China tensions serve as key rating risks, although inflationary pressures and financing costs will remain stable, the rating agency said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2454311386?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-26 18:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2454311386","market":"sg","top_or_hot":-1,"title":"Asia-Pacific Sovereigns See Rating Stability in H1, But Geopolitical Risks Lurk, S&P Says","media":"MT Newswires Live","content":"<html><body><p> Asia-Pacific sovereigns saw rating stability in the first half of 2024 due to a lack of major financial surprises, but geopolitical issues will continue to pose risks, S&amp;P Global Ratings said in a report published on Friday.</p><p>The rating agency only had one action in the period with the revision of India's outlook to positive from stable, adding that it sees \"few changes in the next year or so\" given the stable outlooks for 18 out of 21 foreign currency sovereign ratings in the region.</p><p>\"Our latest economic growth forecast for Asia-Pacific remains little changed from that in late 2023, with positive revisions for some of the larger economies offsetting negative changes in Southeast Asia,\" S&amp;P said.</p><p>The ongoing conflict in Ukraine or that of the Middle East as well as rising US-China tensions serve as key rating risks, although inflationary pressures and financing costs will remain stable, the rating agency said.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asia-Pacific Sovereigns See Rating Stability in H1, But Geopolitical Risks Lurk, S&P Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsia-Pacific Sovereigns See Rating Stability in H1, But Geopolitical Risks Lurk, S&P Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-26 18:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Asia-Pacific sovereigns saw rating stability in the first half of 2024 due to a lack of major financial surprises, but geopolitical issues will continue to pose risks, S&P Global Ratings said in a ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSI","symbol_name":"恒生指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2454311386","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2454311386","pubTimestamp":1721989076,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Asia-Pacific sovereigns saw rating stability in the first half of 2024 due to a lack of major financial surprises, but geopolitical issues will continue to pose risks, S&P Global Ratings said in a report published on Friday.The rating agency only had one action in the period with the revision of India's outlook to positive from stable, adding that it sees \"few changes in the next year or so\" given the stable outlooks for 18 out of 21 foreign currency sovereign ratings in the region.\"Our latest economic growth forecast for Asia-Pacific remains little changed from that in late 2023, with positive revisions for some of the larger economies offsetting negative changes in Southeast Asia,\" S&P said.The ongoing conflict in Ukraine or that of the Middle East as well as rising US-China tensions serve as key rating risks, although inflationary pressures and financing costs will remain stable, the rating agency said.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"HSI":"恒生指数"},"translate_title":"标准普尔表示，亚太主权国家上半年评级稳定，但地缘政治风险潜伏","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSI":0.9},"content_text":"Asia-Pacific sovereigns saw rating stability in the first half of 2024 due to a lack of major financial surprises, but geopolitical issues will continue to pose risks, S&P Global Ratings said in a report published on Friday.The rating agency only had one action in the period with the revision of India's outlook to positive from stable, adding that it sees \"few changes in the next year or so\" given the stable outlooks for 18 out of 21 foreign currency sovereign ratings in the region.\"Our latest economic growth forecast for Asia-Pacific remains little changed from that in late 2023, with positive revisions for some of the larger economies offsetting negative changes in Southeast Asia,\" S&P said.The ongoing conflict in Ukraine or that of the Middle East as well as rising US-China tensions serve as key rating risks, although inflationary pressures and financing costs will remain stable, the rating agency said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.3","shortVersion":"4.26.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2454311386"}