Credit Rating

SA must resist another captured president: This time by the markets | Opinion

The ANC has made a dangerous habit of bringing post-apartheid South Africa to the brink of instability and the common ruin of all. The resignation of former president Jacob Zuma and his replacement by Cyril Ramaphosa was such a moment. It brought home the point that the over-concentration of power in the office of the president has clearly not worked. A rethink on president-centred politics and the threats it poses to the democracy are crucial for the post-Zuma period. The…

0
Read More

Temer’s failure on Brazil pension reform leaves tricky…

By Reuters Published: 18:14 EST, 20 February 2018 | Updated: 18:14 EST, 20 February 2018 By Anthony Boadle BRASILIA, Feb 20 (Reuters) – President Michel Temer’s decision to throw in the towel on reforming Brazil’s loss-making pension system leaves the unpopular measure as a campaign issue for October’s elections and a major headache for his successor. Monday’s announcement that Temer was abandoning an overhaul of the social security system – billed as the centerpiece of his efforts at fiscal reform…

0
Read More

IHG Reports Reports RevPAR Growth of 2.7% for 2017

Preliminary Results for the year to 31 December 2017 Financial summary1 & Headlines Reported Underlying2   2017 2016 %Change 2017 2016 %Change Revenue $1,784m $1,715m 4% $1,633m $1,553m 5% Total Gross Revenue $25,702m $24,479m 5% $25,942m $24,479m 6% Fee revenue3 $1,437m $1,380m 4% …

0
Read More

Goodman Property offers to sell up to $100M of bonds

Monday, 19 February 2018, 12:51 pmArticle: BusinessDesk Goodman Property offers to sell up to $100M of bonds to diversify funding By Tina Morrison Feb. 19 (BusinessDesk) – Goodman Property Trust, the NZX-listed commercial and industrial property investor, is offering to sell as much as $100 million of bonds to further diversify its funding sources and reduce bank debt. Through its subsidiary GMT Bond Issuer Ltd, the trust is offering up to $75 million of 5 1/2 year bonds, with the…

0
Read More

Goodman Property sells up to $100m of bonds

Goodman Property Trust, the NZX-listed commercial and industrial property investor, is offering to sell as much as $100 million of bonds to further diversify its funding sources and reduce bank debt. Through its subsidiary GMT Bond Issuer, the trust is offering up to $75 million of 5 1/2 year bonds, with the ability to accept a further $25m in oversubscriptions. The bonds would be listed on the NZX Debt Market with an expected investment grade credit rating of BBB+ from…

0
Read More

India growth story to pick up speed with development of north-east, says PM Modi

Prime Minister Narendra Modi delivers his speech at the inaugural function of Advantage Assam Global Investor’s Summit 2018 in Guwahati on Saturday. Photo: AP Guwahati: Highlighting “path breaking” economic reforms undertaken by his government, Prime Minister Narendra Modi on Saturday said India’s growth story will further pick up speed when there is an all-round development of the north-east. Inaugurating the two-day ‘Global Investors Summit’ hosted by Assam, he stressed on the importance of ‘Act East Policy’ in the Centre’s aim…

0
Read More

India growth story to pick up speed with development of Northeast: PM

Highlighting “path-breaking” economic reforms undertaken by his government, Prime Minister Narendra Modi today said India’s growth story will further pick up speed when there is an all-round development of the Northeast. Inaugurating the two-day ‘Global Investors Summit’ hosted by Assam, he stressed on the importance of ‘Act East Policy’ in the Centre’s aim of achieving balanced and fast-paced growth of the Northeastern region. “We have created the Act East Policy and the Northeast is at the heart of it. “The…

0
Read More

City council weighs taking tax increases to voters to address employee compensation

Voters in Lee’s Summit could be asked later this year to increase the city’s sales and use taxes to help raise salaries for public employees. With a room full of city workers looking on, City Manager Steve Arbo laid out the proposed tax increases Thursday to the Lee’s Summit City Council. Arbo said raising the current 1-cent city sales tax by a half-cent would generate an additional $8 million a year and instituting a 0.01-cent use tax, which would be…

0
Read More

What Happens If I Don’t Pay Back My Debt? – KPTV

Do you ever feel like you are drowning in debt? Have you ever considered simply not paying your debts? What’s the worst that can happen if you refused to pay them back? Unless you owe that debt to the “unregulated” end of the high-risk loan market, nobody named Vito is going to show up and break your kneecaps. However, you can’t simply walk away from your debts and expect no consequences. Despite your wishes, the student loan fairy or the…

0
Read More

Budget 2018: Balancing populism and pragmatism

Bond market participants will be keeping a close eye on non-tax revenues of the government, momentum in GST collections, as well as government expenditure. Photo: Hemant Mishra/Mint The Union budget for the next fiscal year attempts to do a fine balancing act between being populist and at the same time pragmatic. From a policy perspective, the announcement of a new National Health Protection Scheme (NHPS) was the most significant, but the budget also had a distinct rural and infrastructure thrust…

0
Read More

Progressive Conservatives shift message from spending cuts to ‘better’ spending – New Brunswick

New Brunswick’s Official Opposition is shifting its political rhetoric to call for better spending, not spending cuts, as it challenges the Liberal government’s fourth and final budget. Accused by Premier Brian Gallant of wanting to slash provincial services, the Progressive Conservatives are now refusing to say whether they’d trim any of the $73 million in new spending in Tuesday’s budget. Instead, they’re suggesting they might maintain the same level of spending while ensuring it actually leads to better outcomes. “Let’s…

0
Read More

Sponsor pulls logo; others weigh future with MSU

The logo for Auto-Owners Insurance appears in the backdrop as MSU basketball coach Tom Izzo speaks to the media at media day in East Lansing in 2017. A spokesperson for Lansing-based Auto-Owners Insurance said his company didn’t want its branding in the backdrop at Friday’s press conferences at Breslin Center, one of several sponsors to publicly express concerns about their affiliation with MSU.(Photo: Rod Sanford / Special to Detroit News) One of the Michigan State athletic department’s most-visible sponsors requested…

0
Read More

Road developers mark presence in corporate bond market

Infrastructure analyst Arvind Tembhurne says corporate bonds have hardly been used for sizeable fund raising by road developers due to credit rating issues. Road developers are finally finding takers in the domestic corporate bond market, with companies from the segment having raised Rs 23,000 crore in the eight months of this fiscal and Rs 33,000 crore in FY17 through debt issuances, up from just Rs 15,800 crore in FY16 and a negligible amount in the year before, indicates data shared…

0
Read More

Boys Hope Girls Hope of Arizona Welcomes Healthcare Trust of America CEO Scott D. Peters to Board

SCOTTSDALE, Ariz., Jan. 29, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. HTA, -0.67% the largest dedicated owner and operator of medical office buildings in the United States, is pleased to announce that CEO Scott D. Peters has joined the Boys Hope Girls Hope of Arizona Board of Directors. Boys Hope Girls Hope (BHGH) helps academically capable and…

0
Read More

Fitch sells minority stake in China Lianhe Credit Rating to GIC

BEIJING, Jan 29 (Reuters) – Fitch Ratings has sold its 49 percent stake in China Lianhe Credit Rating Co to Singapore’s sovereign wealth fund GIC, the credit ratings agency said on Monday, as it evaluates opportunities created by China’s changing regulatory landscape. The deal comes more than a year after the Chinese government proposed to fully open its credit rating market to foreign participation by removing ownership restrictions, a decision that was cheered by global ratings agencies. Fitch did not…

0
Read More

PM Modi urges opposition to pass Triple Talaq Bill during Budget Session- The New Indian Express

PM Modi speaks ahead of the Parliament’s Budget Session today. (Express Photo Service | Shekhar Yadav) NEW DELHI: Prime Minister Narendra Modi on Monday urged all political parties to pass the Triple Talaq Bill in the Parliament’s Budget Session. “We could not pass the Triple Talaq Bill in last Parliament session. But I want to urge all the political parties to pass that bill in the Budget Session as it is meant to safeguard the rights of Muslim women,” Modi…

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links