Nikkei and S&P Global form partnership

Nikkei and S&P Global will collaborate to develop a new service that will use artificial intelligence to distribute news and market-related content about Asian companies.

An excerpt from the announcement reads:

“The partners will also explore developing a database centered on Asian companies and making Nikkei’s original content more broadly available. As part of the collaboration, a capital partnership has been formed between Nikkei, S&P Global Market Intelligence, a division of S&P Global, and DC Frontiers, a data technology company based in Singapore.

“Nikkei has boosted its investment in DC Frontiers to become its largest shareholder, while S&P Global Market Intelligence has taken a stake in the company to become its fourth largest shareholder.

“The partnership will build on Nikkei’s Asia-focused news and data platform, scoutAsia, and aims to develop a next-generation service to provide information beyond regular financial statements — such as publishing information about risks to supply chain networks or environmental, social and corporate governance issues.”

Read the full story here.