Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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The truth about how Facebook can affect your credit score

We all know that companies use the personal data we share online in various ways, but what many of us don’t know is how what we share on social media could affect our credit scores. Credit rating agency FICO and credit-reporting agencies like TransUnion look at all types of personal info and metrics to determine credit-worthiness… Please follow and like us:

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Investors shrug off S&P’s China credit downgrade, have faith in China’s growth

S&P Global Ratings said Thursday that it had lowered China’s sovereign credit rating to A+ from AA-, citing economic and financial risks from China’s fast credit growth. “S&P’s decision ignores the reality that China’s credit has been slowing with an increased policy focus on containing and diminishing debt,” Brendan Ahern, chief investment officer of Krane Funds… Please follow and like us:

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Belt, Road a path to financial integration

Financial integration is one of the five areas of cooperation priority for the China-proposed Belt and Road Initiative, but it seems this topic has not received the consideration it deserves. Rather, most analyses have focused on its ambitious infrastructure investment goals of the Belt and Road Initiative in the countries along the two routes, because big… Please follow and like us:

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Fitch: Outflow of Deposits Raises Funding Costs on Qatari Banks

London- Qatari banks’ funding and liquidity are under varying degrees of pressure from outflows of non-domestic deposits and interbank borrowings after several Arab countries severed diplomatic and logistical ties with Qatar in June, Fitch Ratings said Wednesday. “The boycott will also increase banks’ financing costs in the international debt markets.” The overall impact on each bank… Please follow and like us:

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US credit rating at risk if debt limit is not raised in a ‘timely manner,’ Fitch warns

WASHINGTON — The nation’s credit rating is at risk if the $19.9 trillion debt limit is not raised “in a timely manner” before the Treasury runs out of cash in October, Fitch Ratings warned on Wednesday. “Brinkmanship over the debt limit could ultimately have rating consequences, as failure to raise it would jeopardize the Treasury’s ability… Please follow and like us:

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BRICS lender banks on sustainable development

The Board of Governors of the New Development Bank, formed by the ministers of finance of the BRICS nations, intends to approve at least $32 billion in loans by 2021, according to the bank’s general strategy for 2017-21. Paulo Nogueira Batista, vice-president and chief risk officer of the NDB. [Photo provided to China Daily] Paulo Nogueira… Please follow and like us:

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Moody’s downgrades China over surging debt fears

International ratings agency Moody’s on Wednesday cut China’s credit rating for the first time in nearly 30 years over concerns about its growing debt mountain. The one-notch downgrade, to A1 from Aa3, comes as China, the world’s second-biggest economy, grapples with the challenges of rising financial risks stemming from years of credit-fuelled stimulus. “The downgrade reflects… Please follow and like us:

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