Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.
S&P Global Inc. (NYSE: SPGI) is a finance and insurance sector company that describes its mission as providing essential intelligence through credit ratings, benchmarks, analytics and workflow solutions. The SPGI news stream highlights how the company’s data and insights intersect with capital markets, commodities, energy transition, artificial intelligence and the automotive sector.
News about S&P Global often covers corporate actions and capital allocation, such as Board-approved dividend increases and the company’s long history of annual dividend payments. Updates can also include announcements about planned or completed transactions, such as the sale of specific businesses or the expected separation of the S&P Global Mobility division into an independent public company.
Another key theme in SPGI news is research and market studies. For example, S&P Global has released a detailed study on copper in the age of AI, examining how electrification, digitalization, data centers and defense spending could affect copper supply and demand through 2040. These reports draw on proprietary data and cross-divisional expertise from areas such as S&P Global Energy and Market Intelligence.
News items also highlight regulatory and governance developments, including settlements involving S&P Global Ratings and the appointment of new directors to the company’s Board. In addition, readers will find coverage of philanthropic and workforce initiatives like the StepForward program, which focuses on AI-enabled workforce readiness for youth, and updates from CARFAX, part of S&P Global Mobility, on topics such as odometer fraud trends.
Investors, analysts and other stakeholders can use the SPGI news page to follow how S&P Global’s ratings, indices, research, financing activities and governance decisions evolve over time and how the company positions itself around themes such as AI, energy transition and global capital markets.
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S&P Global Platts announced that the International Energy Agency (IEA) will utilize its Liquified Natural Gas (LNG) service, which includes pricing, shipping data, and plant outage information. This collaboration highlights the IEA's role in global energy dialogue and the increasing importance of LNG market commoditization. Platts has published daily LNG prices for over a decade, with its JKM index being the global benchmark for spot LNG cargoes in North Asia. This partnership is expected to enhance market transparency and the reliability of LNG pricing for stakeholders.
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S&P Dow Jones Indices and Experian announced a drop in the S&P/Experian Consumer Credit Default Indices for April 2021. The composite default rate decreased by four basis points to 0.50%. In contrast, the bank card default rate rose by eight basis points to 3.23%. Notably, defaults fell in four out of five major MSAs, with Miami experiencing the largest decline of 19 basis points to 1.04%. The first mortgage and auto loan default rates also saw drops, with figures at 0.33% and 0.43%, respectively.
S&P Dow Jones Indices announced a settlement with the U.S. Securities and Exchange Commission regarding a previously disclosed Wells Notice. The SEC found that S&P DJI acted negligently, violating Section 17(a)(3) of the Securities Act concerning undisclosed quality assurance mechanisms affecting the S&P 500 VIX Short-Term Futures Index on February 5, 2018. As part of the settlement, S&P DJI will pay a penalty of USD 9 million and has committed to enhancing its control framework and operational standards to ensure compliance.
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S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) are considering divesting IHS Markit's Oil Price Information Services (OPIS) and Coal, Metals and Mining businesses to facilitate their merger. This decision follows regulatory feedback and aims to ensure a timely merger completion. The divestiture will be evaluated further by regulators and antitrust authorities. Both companies anticipate closing the merger in the second half of 2021, contingent upon meeting specified conditions.
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S&P Global Ratings announced that Korea Expressway Corp. (KEC) has achieved full alignment with the Green Bond Principles, Social Bond Principles, and Green Loan Principles. This framework ensures that net proceeds from sustainable finance initiatives will exclusively support eligible green and social projects. KEC aims for energy self-sufficiency by 2025, relying on renewable energy, and plans to enhance road safety through a smart expressway system. S&P emphasizes that their alignment opinion is not a credit rating but reflects the framework's adherence to sustainability guidelines.
S&P Global Ratings announced that AEDAS Homes' Green Financing Framework meets the Green Bond Principles and Green Loan Principles. According to María Ortiz de Mendívil, the framework enables funding for eligible green projects, promoting transparency and environmental sustainability. The framework focuses on 'Green Buildings,' aligning with United Nations' Sustainable Development Goals, specifically climate change mitigation. This report is an opinion, not a credit rating, and reflects the framework's compliance with relevant principles.