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S&P Drops Controversial Part of Ratings Plan for Insurers
Business, Published on 11/05/2022
» S&P Global Ratings has withdrawn a controversial part of a proposed revamping of its model for determining creditworthiness of insurers following criticism that its move appeared to be self-serving and could hurt competition.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.