HALISTER1: Samsung leader Lee Jae-yong arrested in corruption probe

Samsung leader Lee Jae-yong arrested in corruption probe

Alert: HALISTER1
Source: FTI (Financial Times)

Tickers
005930 KS (Samsung Electronics Co Ltd)

People
Lee Jae-Yong (Samsung Electronics Co Ltd)
Lee Kun-Hee (Samsung Electronics Co Ltd)
Park Geun-Hye (Republic of Korea)
Park Sang-Jin (Samsung Electronics Co Ltd)

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UUID: 7947283

HALISTER1: Iran’s Rouhani Under Fire as Tensions With U.S. Rise

Iran’s Rouhani Under Fire as Tensions With U.S. Rise

Alert: HALISTER1
Source: WPT (Washington Post)

People
Hassan Rouhani (Islamic Republic of Iran)
Ali Khamenei (Islamic Republic of Iran)
Barack Obama (United States of America)
Donald Trump (United States of America)
Mahmoud Ahmadinejad (Islamic Republic of Iran)

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UUID: 7947283

HALISTER1: INDIA RATINGS: Delphi Automotive, ICICI, SJS Enterprises Raised

INDIA RATINGS: Delphi Automotive, ICICI, SJS Enterprises Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
  • To get this story sent to your inbox real-time, run NI INRATINGS , click on Display & Edit, then Set Alert Delivery
UPGRADES
  • BEKEM Infra Projects
    • Fund-based limits raised to A- from BBB+ at ICRA
    • Cites improved segmental diversification
  • Delphi Automotive
    • Long-term bank facilities raised to A- from BBB at ICRA
    • Cites scale-up in operations in existing business divisions due to new orders
  • ICICI Bank
    • Basel III Tier 1 bonds raised to AA+ from AA at ICRA
    • Cites increase in distributable reserves after RBI changed Basel III capital regulations
  • Sanghi Industries
    • Cash credit raised to A- from BBB at ICRA
    • Cites healthy operational performance, reduced financing costs
  • SJS Enterprises
    • Working capital limits raised to A from A- at ICRA
    • Cites consistent improvement in operating profitability
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
ICICIBC IN (ICICI Bank Ltd)
SNGI IN (Sanghi Industries Ltd)
0881136D IN (Bekem Infra Projects Pvt Ltd)
DPHMF US (Delphi Automotive LLP)
1366311D SP (Evergraph Holdings Pte Ltd)

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UUID: 7947283

HALISTER1: Philippines Must Forcefully Effect Anti-Dirty Money Law: Moncupa

Philippines Must Forcefully Effect Anti-Dirty Money Law: Moncupa

(Bloomberg) -- Antonio Moncupa, president of East West Bank and touted to be one of potential successors to central bank Governor Amando Tetangco, will likely push for changes in law that upholds secrecy of bank deposits.
  • “What we need to focus on is working on the issues that prevent an effective execution of Anti-Money Laundering Law,” he says in interview with ABS-CBN News
  • Country must move from bank secrecy to bank confidentiality, review process by which authorities can act on suspicious accounts; “predefined” authorities must have access to bank accounts without court order to allow fast investigation
  • Philippines can learn from other countries that are able to balance protection for privacy of law-abiding citizens and discovery of criminal acts
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
EW PM (East West Banking Corp)

People
Antonio Moncupa (East West Banking Corp)

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UUID: 7947283