Business risks for semiconductor companies remain low, but increasing LBO activity and higher leverage in the sector could place downward pressure on ratings.
Revaluing the RMB could add to the global economic risk. But the revaluation standoff will have positive impact on China''s liquidity, reform and the RMB forwards market.
Credit derivatives are hailed as the next big thing in credit risk management for banks. Lian Wee Cheow and Chua Kim Chiu look at the scope of their potential and some obstacles in their way.