Business Blog

By Bernardo VizcainoJan 20 (Reuters) - Credit rating agency Standard & Poor&aposs said it had updated its criteria for Islamic bonds to distinguish more clearly between issuers of sukuk and sponsors of them.Sukuk tend to be more complex than conventional bonds because they use structures designed to avoid interest payments. They often involve special-purpose vehicles (SPVs) which issue the paper a

By Bernardo VizcainoJan 20 (Reuters) - Credit rating agency Standard & Poor&aposs said it had updated its criteria for Islamic bonds to distinguish more clearly between issuers of sukuk and sponsors of them.Sukuk tend to be more complex than conventional bonds because they use structures designed to avoid interest payments. They often involve special-purpose vehicles (SPVs) which issue the paper a

Read full story for latest details.

Businesses face month-long delays in accessing funds from central bank to pay for essential goods

Japan’s central bank weighs oil price slump and soft economic data

Malaysia cuts its 2015 growth forecast after a sharp fall in oil prices causes the government to revise down its budget.