SOE business revenue rose 9.7 percent to 17.5 trillion yuan in the first four months, while their operating costs expanded 9.2 percent to 16.8 trillion yuan.
S&P Global Ratings took the action Thursday. Moody's did it Wednesday.
S&P Global Ratings revised upward estimates of credit profiles of Chinese provincial governments, buttressed by more supportive central-provincial fiscal relations, according to a report by the rating agency on Monday.
SMIC said on Sunday that it is evaluating the US Bureau of Industry and Security's restrictions, which could have "material adverse effects" on its production and operations.
SEOUL-South Korea is considering easing up on its social distancing controls, Prime Minister Chung Sye-kyun said on Monday after a stabilization in the country's coronavirus infection rates over the past week.
SINGAPORE -- The Chinese government and the Chinese people are strongly opposed to US arms sales to Taiwan, a senior Chinese military officer said here on Saturday.
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SINGAPORE -- Singapore's dengue death toll in 2020 has reached 28 as of Oct 12, local media reported on Thursday quoting the Ministry of Health (MOH).
SINGAPORE/WASHINGTON - Ten sailors are missing and five injured after a US warship collided with a merchant vessel east of Singapore on Monday, the US Navy said, the second accident involving US Navy destroyers in Asian waters in little more than two months.
SHANGHAI - Foreign capital in Shanghai achieved a new high last year in the city's history -- .05 billion, up 10.1 percent year-on-year, the municipal government said Friday.
Russian anti-submarine destroyer Admiral Vinogradov managed to avoid a collision with US guided-missile cruiser Chancellorsville in the East China Sea on Friday, with the latter conducting a dangerous maneuver, the Russian Defense Ministry said.