Chinese companies owe just over $1 trillion in domestic bonds, of which 15.8% is coming due this year. A Reuters analysis of more than 2,600 Chinese companies found credit metrics worsening across a range of industries. Today’s graphic show short-term debt to cash for each mid and large cap company listed on the Chinese stock exchange.
US Dollar denominated investment grade corporate debt totals $236.6 billion so far in 2014, up 11% compared to a year ago and the strongest year-to-date period since records began in 1980. Non-US Issuers have raised $85.8 billion in the US investment grade debt markets this year, accounting for 37% of overall volume and an increase of 34% compared to year-to-date 2013. Companies from France, the United Kingdom and Japan account for nearly 15% of year-to-date activity.
Weekly Highlights (more…)
France’s economic picture is among the weakest of the main rich nations. Today’s graphic uses five charts to show how France has a lethal combination of high social expenditure, low average working hours, a heavy debt burden, increasing unemployment and decreasing consumer confidence. Make sure to check out the Reuters special report on how Peugeot and France ran out of gas.
The euro zone unemployment rate was flat in August after easing in July for the first time in two years, showing the budding economic recovery was starting to have a positive impact on the labor market. Today’s graphic breaks down the unemployment rates for all the European countries.
Many investors are still uneasy about the long term health of the US economy, in part, because the Federal Reserve still feels the need to maintain its easy money policies. A strong economy usually means robust profit growth, but projections for S&P profit growth this year are falling. Watch this video to see how using Thomson Reuters Eikon can help you track what may lie ahead for earnings.
Read more on the Thomson Reuters Eikon blog.
After approving more than 5 trillion euros of state aid to its financial system over the past five years, the European Union has switched the burden of bank bailouts away from taxpayers and onto shareholders, bondholders and big depositors. Today’s graphic breaks down the amount of aid given to financial institutions in the EU by instrument type and country.
Federal lawmakers are debating whether to raise the U.S. debt ceiling. Opponents argue that the U.S. debt as a percentage of GDP has ballooned to unsustainable levels. Meanwhile, the federal budget deficit has fallen sharply in the last few years. Today’s graphic shows the change in the federal budget deficit and debt as a percentage of GDP.
In a new report, education experts pointed to a record drop in preschool state funding of more than half a billion dollars in the 2011-2012 school year from the prior year. Also, for the first time in a decade the percentage of 3- and 4-year-olds enrolled did not grow. Today’s graphic shows the percentage enrolled, enrollment by program, ranking by state and spending per child for preschools in the US.