S&P

US stocks

2023 demonstrated the importance of US equity exposure for Asia's investors

The S&P 500 was a standout performer last year, posting a 26% total return and offsetting its 18% loss in 2022.
GLP Loses Last Investment-Grade Rating From S&P as Asset Sales Drag on - THE EDGE SINGAPORE

Property

GLP loses last investment-grade rating from S&P as asset sales drag on

GLP stripped of investment grade rating by S&P on slow asset monetisation
Former Investor Darling GLP Is Now Sliding Into Distress in Asia.   - THE EDGE SINGAPORE

Debt and defaults

Former investor darling GLP is now sliding into distress in Asia

GLP's dollar notes have lost most among Asia high-grade in 2023. GLP says liquidity is ample, has worked on governance concerns
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