South Korean credit appraisers have inflated ratings of local companies to secure profit sources, analysts said Monday, raising concerns that they may overlook potential corporate failure. Three credit appraisers here, -- Korea Ratings Co., NICE Investors Service Co. and Korea Investors Service Co. -- have rated local companies on average six grades up compared with corresponding assessments by three global players -- Moody's Investors Service Inc., Standard & Poor's (S&P) and Fitch Ratings Inc., according to the Korea Center for International Finance (KCIF).
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
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