Commodities rebound in third quarter; should continue climb in the final quarter: S&P

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A key performance gauge for the commodities sector — the S&P GSCI Index —  logged its first quarterly climb of the year, putting it on track for its second consecutive yearly gain, with energy and metals posting the biggest increases. Some of these sectors should continue their rise in the final quarter. The index, which […]

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S&P lowers China’s credit rating, citing rising financial risks and debt; Beijing hits back, calls it “wrong decision”

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Ratings agency Standard and Poor’s (S&P) lowered China’s sovereign credit rating due to risks associated with its increasing debt, but said its long-term outlook for the country remained “stable”, triggering a volley of criticism from Beijing. The credit rating agency cut China’s credit rating from A+ to AA-, putting it in the same category as […]

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