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M&A Briefing
Sinopec acquires Australian oilfields
The Chinese oil and gas company spends $557 million to acquire control of significant proven oil reserves in Australia's Puffin and Talbot oilfields.




M&A Briefing
Thomas Cook repurchases control of its brand
The travel and forex operator will pay up to $383 million for its businesses in India, Egypt and the Middle East just two years after selling them to the Dubai Financial Group.


Business Moves
Higher finance costs harm shipping industry
Tighter lending policies will make it more expensive for shipping companies to raise the $300 billion of debt needed to fund outstanding orders for new ships. Some predict borrowers will be able to raise only half this amount.




Outlook & Economics
Credit crunch: Japan’s lessons for the US
Japan’s experience in the 1990s shows that a credit crunch can destroy wealth and dampen growth in the real economy for years. The US won't be immune.


Editor's Desk
Dealogic league table roundup, March 7
China Railway Construction lifts the equity capital markets.




Standard & Poor's Daily Ratings Direct Asia-Pacific Highlights
Welcome to Standard & Poor's daily summary of credit research of interest to investors in Asia-Pacific.