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 ...

The international investment arm of Singapore's PSA Corp made another audacious bid for Hong Kong port assets yesterday, agreeing to a $3 billion cash payment for a stake in three berths held by ...

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$ ...