Financial services
Pakistan has achieved a major milestone as Moody's, one of the world's most influential credit rating agencies, has upgraded the country's credit rating to Caa1 from Caa2 with a stable outlook. This upgrade reflects Pakistan's improving external position, but also acknowledges the
Stock offerings
A major change in investor sentiment has been observed for a leading Financial Services company listed on the Main Market of the Saudi Exchange, as reflected in its significant stock price movement on August 14, 2025. The company, with a substantial presence in the financial services sector, has been closely
Financial services
Homeplus Co., a financially struggling discount store chain in South Korea, has announced plans to close 15 outlets as part of emergency management measures due to a worsening business environment. The company, which has been undergoing a court-led rehabilitation program since March, is facing declining sales, reduced transactions with suppliers,
Financial services
KBRA UK has assigned preliminary ratings to six classes of notes issued by Cheshire 2025-1 PLC, a static RMBS securitisation backed by a portfolio of seasoned non-conforming mortgage loans. The portfolio, aggregating £276.7 million in current balance as of 30 June 2025, consists of loans secured by owner-occupied and
Stock offerings
The Saudi banking sector showcased a strong financial presence on the Saudi Exchange's Main Market on August 12, 2025. The sector's collective market capitalization stood at 955.09 billion SAR, accounting for 10.66% of the overall market capitalization, while the total issued shares reached 26,
Stock offerings
Bawan, a prominent player in the Main Market of the Saudi Exchange, has experienced a significant surge in its daily financial performance, with its stock closing at SAR 58.80 on August 11, 2025. The company's financial metrics reveal a robust net income of SAR 113.39 million,
Stock offerings
Bupa Arabia, a key player in the Saudi Exchange's Main Market, recently released financial metrics that showcase its robust market position. The company's share price saw a significant movement, closing at SAR 151.70, a strong indicator of its financial health. With a net income of
Stock offerings
Capital Goods Company, a key player in the capital goods sector listed on the Main Market of the Saudi Exchange, has disclosed its financial metrics for August 6, 2025. The company's performance showcases a solid presence in the market, with notable financial indicators that will be crucial for
Financial services
KBRA has assigned preliminary ratings to four classes of notes issued by Aqua Finance Issuer Trust 2025-B, a securitization collateralized by marine and recreational vehicle contracts, as well as home improvement contracts. The securitization will issue four classes of notes totaling $368.61 million, backed by $404.2 million in
Stock offerings
Amwaj International has maintained a stable performance on the Saudi Exchange, operating within the Nomu Market category. The company's share price remained steady, closing at SAR 38.00 on August 4, 2025, marking a minor move from the previous trading session. Amwaj International has issued shares amounting to
Financial services
The latest report by Kroll Bond Rating Agency, LLC examines the conduit CMBS loan defaults and losses over a 29-year study period, focusing on the property, loan, and financial characteristics contributing to defaults. In an addendum, the study compares default and loss metrics for five-year loans to traditional 10-year loans,
Financial services
As private credit navigates market uncertainties, signs of improving credit quality emerge among some borrowers, while others face maturities without expected growth. A review of nearly 2,400 KBRA assessments completed for 2,115 unique global middle market borrowers over the last 12 months reveals key trends shaping credit quality
