Moody's cuts global sovereign rating outlook to 'negative' for 2020; Msia to face economic slowdown

  • 📰 NST_Online
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

NSTbusiness: Countries embedded in global supply chains that rely on trade for growth – such as Hong Kong (Aa2 negative), Singapore (Aaa stable),...and Malaysia (A3 stable) – face a slowdown in their economies.

Moody’s, which has already slapped downgrade warnings on Britain, South Africa, India, Mexico, Turkey and Hong Kong, said there were three main drivers behind the move.

“In an unpredictable environment, growth and credit risks are tilted to the downside,” Moody’s said in a report on the 142 countries it rates and their $63.2 trillion of sovereign debt. The first-order effect of these strains – for example, the impact of tariff increases on trade volumes - is not always severe, but the knock-on impact on investment and capital flows is likely to damage both near- and medium-term growth prospects across all regions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Neil Young seeking US citizenship to vote in 2020Canadian singer says he must first pass marijuana test before application can be approved. FMTNews NeilYoung
Source: fmtoday - 🏆 5. / 72 Read more »

Development projects pushed to 2020 due to delay in allocationsPETALING JAYA: There will be twice as many development projects next year than planned for, thanks to a delay in the allocation of funds for this year... Another proof of poor management in MOF under LGE?
Source: theSundaily - 🏆 25. / 51 Read more »

Perbelanjaan pembangunan 2020 akan digunakan pada tahun yang sama | The Malaysian InsightGuan Eng mengatakan masih ada peruntukan tahun ini belum digunakan dan pihaknya akan mengatasi isu tersebut.
Source: msianinsight - 🏆 8. / 63 Read more »

NUJ tidak dimaklum Utusan Malaysia akan kembali pada 2020 | The Malaysian InsightMedia tempatan hari ini melaporkan akhbar Utusan Malaysia akan membuat kemunculan semula.
Source: msianinsight - 🏆 8. / 63 Read more »

Redzuan: Utusan to return in 2020, help Putrajaya reach the public | Malay MailKUALA LUMPUR, Nov 10 — Malay daily Utusan Malaysia is set to restart its operations in early 2020 after its surprise shut down, Entrepreneur Development Minister Datuk Seri Redzuan Yusof said yesterday. New Straits Times reported Redzuan explaining to voters of the Tanjung Piai by-election that... Kereta terbang mana? Can deliver newspaper with flying cars flying newspaper coming in 2020
Source: malaymail - 🏆 1. / 86 Read more »

Govt may launch stimulus package if global economy weakens: LimPONTIAN: The government may consider introducing an economic stimulus package if the global economy worsens next year, said Finance Minister Lim Guan ... China stimulus package. Homeland Already weakened yet YOU still talking dreamily hence it shown you are lacking of experiences. ada duit ke? kata dah nak bankrap?
Source: theSundaily - 🏆 25. / 51 Read more »