“Hong Kong banks have large exposures to commercial property and may face heightened asset risks,” Moody’s said. “Prominent Hong Kong developers, such as New World Development [NWD], have ...

Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that could pose a "major risk" to lenders, according to Moody's Ratings.

Moody's Ratings is downgrading the insurance industry's credit outlook to negative as elevated medical costs continue to batter payers. Moody's analysts noted in a report that spending in the ...

need to be paid even in the face of a revenue shortfall. In the new update, Moody’s paints the picture of an improving fiscal and economic environment, while also throwing in a caution that ...

This incident adds to a growing list of gender reveal accidents. A gender reveal in the UK turned frightening when a dry ice smoke bomb filled the room with thick vapour, causing guests to cough ...

Justin Timberlake will be performing at Moody Center today for The Forget Tomorrow World Tour. Here's what you need to know. The former NSYNC member hit the Moody Center stage on May 31 ...

"Hong Kong banks have large exposures to commercial property and may face heightened asset risks," Moody's said. "Prominent Hong Kong developers, such as New World Development [NWD], have historically ...

Austrian fintech unicorn Bitpanda has become the latest cryptocurrency firm to secure a license under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. Bitpanda secured ...

Flutterwave Inc.’s long-awaited initial public offering will only take place when Africa’s largest payments startup is profitable, its chief executive officer said. “For a company operating ...

But did you know there's now a "face BBL?" The Brazilian butt lift − a popular and controversial cosmetic procedure − has inspired a new plastic surgery term, though doctors say the procedure ...

In a new in-depth report, Moody’s also estimates that the pace of the renewables rollout would need to double to meet government targets. The firm said that over the coming decade, decarbonising ...