Briefs: Old woman dies in traffic accident
An elderly woman was killed in a traffic accident yesterday morning. At around 5 a.m., a taxi driving along Rua dos Hortelãos in the northern district knocked down the 89-year-old. According to police, the driver claimed that the victim was not using the pedestrian crossing and crossed the road suddenly. The woman was rendered unconscious on-site, and was then sent to hospital. She died following medical treatment. The taxi driver, aged 57, passed an alcohol test.
Moody’s upgrades ICBC Macau credit rating
International credit rating agency Moody’s has upgraded the deposit rating of the Industrial and Commercial Bank of China (ICBC Macau) from A3/P-1 to A2/P-1. The agency also moved the bank’s baseline credit assessment upward from Ba1 to Baa3. Moody’s said that the decision to upgrade the bank to Baa3 was due to the growth of its local franchise in Macau, “and the bank’s maintenance of good asset quality metrics, sound capitalization, and adequate profitability.”
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