- Author: Liang Tuang Nah, RSIS The murder of Kim Jong-nam — the estranged eldest brother of North Korean Supreme Leader Kim Jong-un — in Kuala Lumpur International Airport should come as no surprise to those familiar with the violent ways of the Kim regime. CCTV footage shows two women — believed to have been using […]Read More »
- Profit booking in Reliance Industries and banks caused volatility in late trade but equity benchmarks managed to continue uptrend for sixth consecutive session on support from technology stocks and rupee appreciation.Read More »
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THE headline-grabbing market event of 2017 so far has been the move of the Dow Jones Industrial Average through 20,000 (although the average is a flawed measure). But while investors have been pushing the value of shares up, the credit rating of its constituents has been deteriorating.
That is the conclusion of a new service called Credit Benchmark, which has the ingenious idea of aggregating the private credit ratings used by banks (in other words, the ratings generated by the bank's internal risk models). At the moment, the service is getting data from 13 banks although another 12 have signed up; it has ratings for 10,000 companies. Donal Smith, one of the firm's founders says that banks tend to be more conservative in their approach than the ratings agencies and move their ratings more quickly.
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The South Korean missionary and doctor will be remembered in elementary and high school textbooks. He served as priest, doctor, teacher and architect in the small village of Tonj in a country devastated by war. For Education minister, he is an example for new generations.
- How satellite images shared via the cloud are helping us discover more about the earth.Read More »
- Mapletree Acquires Oakwood Worldwide.Read More »