HomeNewsBusinessMoody's says coronavirus-triggered global recession to keep pressure on APAC non-financials

Moody's says coronavirus-triggered global recession to keep pressure on APAC non-financials

Moody's said although fiscal and monetary stimulus programmes in both advanced and emerging markets have helped stabilise financial markets and provided temporary relief to companies, operating performance and financing capability of companies are vulnerable to financial market shocks, particularly if a second wave of infections results in renewed lockdowns.

July 16, 2020 / 15:41 IST
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Moneycontrol News
first published: Jul 16, 2020 01:45 pm

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