Aberdeen kick-starts search for data scientists
Aberdeen Asset Management has begun recruiting a small team of data scientists to improve its market calls, as stock-pickers increasingly look to add insights from technologies such as AI. (FN)

Moody’s trims China credit rating
Moody’s Investors Service has cut China’s sovereign credit rating, citing expectations that the country’s financial strength will deteriorate in the coming years as debt keeps rising and the economy slows. (WSJ)