trending Market Intelligence /marketintelligence/en/news-insights/trending/CiH6FUAuDn2Gwle_8cs2TQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's sets negative outlook for APAC amid trade woes, reduced fiscal space

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Moody's sets negative outlook for APAC amid trade woes, reduced fiscal space

The outlook for sovereign creditworthiness in the Asia-Pacific region for 2020 has turned negative as trade tensions aggravate the ongoing global economic slowdown and amid the lack of fiscal ammunition to respond to shocks in some countries, Moody's said in a report.

Trade tensions between the U.S. and China would continue to bring uncertainty and volatility this year, despite a "phase one" deal, due to pending, long-term issues including industrial policy, intellectual property and market access, according to Martin Petch, vice president and senior credit officer at Moody's.

The effect of trade tensions will ripple across global supply chains, impacting economies including Hong Kong, South Korea, Singapore, Thailand and Vietnam, said Moody's, which projected the Asia-Pacific region's average GDP growth to decline to 4.0% in 2019-2021, from a 4.4% expansion over 2014-2018.

"The shock is now also extending to investment, with businesses putting off their expansion plans amid economic, political and policy uncertainties, which will hurt income growth, competitiveness and productivity in the long run," Petch said.

For countries like China, India and Pakistan, weaker growth prospects may further restrict the fiscal policy space of governments, limiting their ability to shield against external shocks, Moody's said. Slower growth may also complicate structural challenges including aging populations and potential job scarcity in countries such as the Philippines, Indonesia and Malaysia, the rating agency added.