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Finance & Markets

Morgan Stanley Says Bathla Shows Need for More Credit Disclosure

Morgan Stanley researchers have suggested greater disclosures to assess credit risk tied to property developers, following the collapse of Sydney’s Bathla Group.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Oil prices extend losses as Saudi pipeline repairs ease supply concerns

OIL prices fell for a second consecutive session on Thursday, with Brent crude trading around US$105 a barrel, after reports that Saudi Arabia plans to restore roughly half the capacity of its…

  • Brent crude prices drop to near US$105 per barrel
  • Saudi pipeline to restore half capacity within days
  • US crude inventories decline 640,000 barrels

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