02 Feb China fines S&P Global Ratings US$297,000 for business violations
Posted at 15:21h
in Asia
China’s central bank said on Friday it had fined six credit ratings firms, including the China unit of S&P Global Ratings for violating rules.The People’s Bank of China (PBOC) issued a warning to S&P, together with a 2.12 million yuan (US$297,000) fine for alleged violations...