China's banks extended a record 2.9 trillion yuan ($ 458.3 billion) in new yuan loans in January, blowing past expectations and nearly five times the previous month as policymakers aim to sustain solid economic growth while reining
in debt risks.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the
risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the
risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In its latest Annual Report, it argued that «even if inflation does not rise, keeping interest rates too low for long could raise financial stability and macroeconomic risks further down the road, as debt continues to pile up and risk - taking in financial markets gathers steam.&raqu
In its latest Annual Report, it argued that «even if inflation does not rise, keeping interest rates too low for long could raise financial stability and macroeconomic
risks further down the road, as
debt continues to pile up and
risk - taking
in financial markets gathers steam.&raqu
in financial markets gathers steam.»
«Canadian policy - makers have allowed household
debt to rise above the disturbingly high levels reached
in the U.S.
in 2007, raising the
risk of a similar potentially disastrous deleveraging down the road,» Madani wrote.
It may sound like a classic entrepreneurial story: taking on a massive student - loan
debt load and erasing it through hard work and perseverance while finding success
in the high -
risk startup world.
Padoan said countries like Italy are «doing their homework» when it comes to reducing
risk in the euro area
in areas like non-performing loans and
debt reduction.
A major
risk inherent
in a partnership arrangement, however, is that each partner can be held personally responsible for the
debts of the partnership.
A parade of reports and experts explained away high house prices and
debt levels with many of the same arguments we hear today
in Canada — yes, prices are way up compared to rents, but the analysis is built on flawed data;
debt levels are high, but so are house prices, which minimizes the
risk; America's demographics support the boom; and then the classic: There'll be a soft landing.
Pretty much from his first statements as governor
in 2013 — that's about $ 100,000 ago
in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and
debt levels pose a
risk to the economy, and assuring Canadians that the likelihood of a crash is actually pretty low.
In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector
risks over the next two years against the
risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector
debt.»
There are plenty of
risks globally that could shock the Canadian economy, such as a renewed flare - up
in the European Union
debt crisis, or a slowdown
in China's rampant growth, which is showing signs of overheating.
«I will continue to act to ensure that household
debt levels are sustainable, that lenders are acting prudently, and that increases
in interest rates or a housing market downturn don't put at
risk the economic growth we are working so hard to accelerate,» Morneau said.
Although there may not be a bond bubble, with investors starved for yield, Gundlach predicts a potential bubble could form
in credit
risk as investors increase their leverage on riskier
debt securities like junk bonds and emerging market
debt.
While it's true that a good insurance policy can do much to reduce lawsuit worries and that many small, savvy businesses don't have
debt problems, it's also true that businesses which face significant
risks in either of these areas should probably organize themselves as a corporation or LLC.
The first priority is to keep a downward
debt - deflation spiral from taking hold; once that scenario is less of a
risk, reining
in government finances can be considered.
As an entrepreneur, you're probably very familiar with
debt and loans and monthly payments, but just because you're willing to take
risks in the business world doesn't mean you should
risk your personal finances.
Are you willing to take the
risk of going $ 100,000
in debt to become a lawyer or a doctor because that is your calling?
In essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred share
In essence, if correct, this means there is less price
risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred share
in government
debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shares.
«Pockets of
risk have begun to emerge» following several years of exceptionally low interest rates that have changed how lenders and borrowers view
debt, Morneau told a news conference
in Toronto.
The sharp jump
in debt yields
in tandem was mirrored by a rally
in commodity prices, which suggests that investors are becoming less worried about the
risks of deflation.
Morneau can
risk expanding the deficit because the federal government's
debt - to - GDP ratio is a relatively paltry 30 %, about half of what it was
in the 1990s when Canada faced a fiscal crisis.
The softer reading, especially slower export orders, adds to concerns about an expected loss of momentum
in the world's second - largest economy, as policymakers navigate
debt risks and a heated trade row with the U.S.
«I think since, really, I'm a conservative investor, that experience of being
in debt and also the experience of seeing things happen to people who took too much financial
risk and got hurt, led me to be pretty conservative — I'm a guy that looks for singles and not home runs,» Bach said.
Given the experience with private - sector involvement (PSI)
in Greece and the intentions expressed by euro area officials around the development of the ESM, Moody's believes that the
debts of euro area sovereigns that are fully dependent upon official sources to fund their borrowing requirements represent speculative - grade
risk.
Staley told CNBC that given the high level of
debt across the world,
in particular among emerging markets where dollar - denominated
debt has grown dramatically, many economies could be at
risk if there were sudden changes
in financial conditions.
Yes, you'll need to take
risks in business but if that involves dipping into your emergency fund, retirement, the kid's college fund or going into high - interest
debt, take a step back and reconsider.
And last month, an international financial group owned by the world's central banks said Canada's credit - to - gross - domestic - product and
debt - service ratios show early warning signs of potential
risk to the domestic banking system
in the coming years.
But analysts say more still needs to be done on structural reforms to rein
in ballooning corporate
debt, which has reached levels that the IMF and others have warned sharply raises the
risks of a financial crisis.
Debt: Taking on debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful ti
Debt: Taking on
debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful ti
debt raises
risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used
in stressful times.
The
risks lie
in the vast differences
in macro-economic fundamentals
in countries such as Germany and Greece, which could not be further apart
in terms of rates of growth,
debt or unemployment.
The Inc. 500 is packed with
risk - takers walking away from six - figure salaries and taking on
debt — often with young families
in tow to sharpen the edge.»
SocGen argues that it's the major economy with the «most significant
risks with pockets of significant excess
in housing, high
debt levels and a burgeoning NPL problem,» and thus they see the
risk of a hard landing at 20 %.
U.S. - educated Yi, 60, a protege of respected predecessor Zhou Xiaochuan, is widely seen as a safe pair of hands, ensuring policy continuity as China persists with its crackdown on
risks and a
debt build - up
in its increasingly complex financial system.
Although ACT's credit protection metrics will fluctuate because of acquisitions and variations
in gasoline prices, Standard & Poor's believes that the
risk of a sharp increase
in debt for a major acquisition is reduced somewhat because of the dearth of large targets.
The Bank of Canada, for one, has carefully assessed the economic
risks of consumer
debt in order to determine how quickly it can raise interest rates without piling on too many
debt - servicing costs for over-stretched households.
The
debt - service ratio
in both Russia and Turkey were also showing signs of
risk, at 1.8 per cent and 6.1 per cent, respectively.
His investment philosophy is rooted
in risk management and value creation, and he has purchased and executed more than $ 650 million of commercial real estate and
debt collateralized by commercial real estate.
However, he says there's good reason to think Canada can manage the
risks from
debt, which he says is a natural consequence of several factors, including the combination of a strong demand for housing and the prolonged period of low interest rates maintained
in recent years to stimulate the economy.
Speaking
in Montreal on Thursday, central bank governor Stephen Poloz called household
debt a major
risk to the Canadian economy, suggesting the fear of stoking more borrowing as one reason he has not been even more dovish on interest rate policy.
The fresh numbers come as an international financial group owned by the world's central banks says Canada's credit - to - gross - domestic - product and
debt - service ratios show early warning signs of potential
risk to the banking system
in the coming years.
Subordinated
debt: Has a higher interest rate than senior
debt does,
in exchange for slightly higher
risks (since loans get paid only after senior
debt is paid).
«The public funds, at least
in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public
debt behind them by enhancing the loan - to - value, reducing the
risk to [the bank], and then passing on some benefits [to the borrower]
in the form of lower interest rates, which help cash - flow issues.»
You do not want to put your home at
risk with a home equity loan nor do you want to run up high - interest credit card
debt or dip into money
in your retirement portfolio, which you'll need for your future.
We see short - term U.S.
debt offering relatively compelling income, with limited downside
risk, now that market participants have greater confidence
in the Fed's planned normalization path.
Flaherty supports the proposal, arguing
in an April letter to his G20 counterparts that embedded contingent capital would «force the costs of excessive
risk - taking to be removed from taxpayers and placed on to the right people — shareholders and subordinated
debt holders — thus improving market discipline.»
If they don't happen, the U.S.
risks a
debt «affordability» crisis
in the 10 years after that.
If policy developments
in advanced economies make the path for growth and
debt less benign than expected,
risk premiums and volatility could rise sharply.
Many unsettling
risks loom on the horizon — not least of which is a record amount of global
debt — that could potentially spell trouble for the investor who hasn't adequately prepared with some allocation
in a «safe haven.»
Another concern is the results of last weekend's regional elections, the worst showing
in thirty years for Spain's ruling party, and the
risk that this will lead to the discovery of higher
debts accumulating on the part of Spain's municipalities.
Debt securities rated below investment grade2 based on the issuer's weaker ability to pay interest and capital, resulting
in the issuer paying a higher rate to entice investors to take on the added
risk