S&P sounds warning on Chinese property sector, Russian banks
Credit rating agency Standard and Poor`s said on Wednesday that China`s over-priced and over-supplied property market and capital-starved Russian banks were likely to face further downgrades in the coming years.
Nov 19, 2014, 23:16 PM ISTPiramal plans $2 billion bet on property sector revival
Home sales have come to a halt as high inflation and interest rates deter buyers, pushing up the stock of unsold inventory.
Nov 05, 2014, 17:19 PM IST