HONG KONG (MarketWatch) -- Standard & Poor's Rating Services lowered its rating on Singaporean port operator PSA Corp. by two notches from AAA to AA on Thursday. "The two-notch rating downgrade ...

PSA appeared to pay a considerable premium in buying ACT as it fulfilled its long-sought ambition to acquire a foothold in Hong Kong, the world's busiest container port. PSA is expected to pay HK$ ...