S&P Global has entered into an agreement to acquire @OpenZeppelin, the security standard for onchain finance. The transaction complements S&P Global’s risk assessment and ecosystem development capabilities in digital asset markets, enhancing its ability to create the next generation of onchain security assessments, benchmarks,  and deliver essential intelligence as capital markets transition onchain. Read the full announcement: okt.to/qcLufd

China's approach to its digital renminbi is unique. The country's e-CNY is now interest-bearing and can be held within the banking system. @Spglobalratings anticipates these tokenized deposits will likely keep growing, creating new revenue opportunities for banks. Explore the full analysis: okt.to/hkAwF2

From @SPGMarketIntel: The four largest US banks are set to kick off third-quarter earnings season next week, with Visible Alpha consensus estimates pointing to continued revenue growth but a more uneven earnings picture. Read more: okt.to/Q5BYtd

Solar power is booming in South and Southeast Asia. Battery storage is not. @Spglobalratings thinks that will change. We anticipate that if countries are to meet their renewable energy goals, they will invest more in battery energy storage systems (BESS). These systems help balance the grid, ease transmission bottlenecks, and prevent the loss of power. Learn more: okt.to/6Vj2Ck

Decentralized finance (DeFi) lending leverages blockchain technology to power protocols that enable users to borrow and lend digital assets. These DeFi lending platforms allow permissionless, overcollateralized transactions that enable users to earn interest on their digital assets. Aave is a prominent DeFi lending protocol operating on Ethereum and other blockchains. As of September 2026, Aave had over $19.2 billion in TVL, most of which was held in its most popular version, Aave v3. Read the full research: okt.to/LjArN9

India achieved its 2030 Nationally Determined Contribution target of 50% cumulative installed capacity from non-fossil sources ahead of schedule; the 2035 target is 60%. But early progress on capacity targets also changes the nature of the challenge. It is now moving from clean capacity creation to ensuring supply mix, reliability, flexibility and procurement. Explore our full collection of research: okt.to/ustbnC

Middle market collateralized loan obligations (MM CLOs) have seen remarkable growth in recent years, and middle market warehouse lines have expanded alongside them. At the start of 2020, just before the arrival of the COVID-19 pandemic, S&P Global Ratings had ratings on 86 MM CLO transactions and five warehouse line transactions. By mid-2026, those figures had increased sharply: we now rate more than 330 U.S. MM CLOs and 47 U.S. middle market warehouse transactions. These warehouses come from 12 managers and represent about $41.9 billion in assets. These warehouse transactions serve a useful purpose in allowing direct lenders to scale their businesses, and their growth has also drawn investor attention. We routinely field questions from investors in the U.S. and Japan about how these transactions work, how they differ from MM CLOs, and how we rate them. This article is intended to answer those questions and provide a starting point for discussions. We’ll start with the basics and then move on to how we analyze CLO warehouses. Read more with @SPGlobalRatings: okt.to/kTQ89G

Which default trends could signal broader stress? Read the full analysis from @SPGlobalRatings. okt.to/t3XyJb

From @SPGMarketIntel: The 2026 US midterm elections are shaping up to be one of the most consequential cycles in recent history. Americans will head to the polls to vote for House, Senate, gubernatorial, and local candidates, as well as decide on a host of ballot issues. With control of both chambers of Congress at stake and a slate of competitive races across the country, the political advertising landscape is in overdrive.  The latest MediaTalk podcast episode offers a rare behind-the-scenes look at the mechanics of political advertising, blending data-driven forecasts with real-world strategy.  Listen here: okt.to/rec4FS

The Indian capital market has grown considerably in size and depth over the past decade. Few major markets have combined strong economic growth, a deep and expanding listed equity universe, and a broad spectrum of companies ranging from emerging domestic champions to globally competitive firms. Explore our full collection of research: okt.to/qVxH4F

From @SPGlobalratings: As technological advancement in AI--with the potential to disrupt the software industry--shows no signs of slowing down, investors continue to question how this will affect credit quality in private credit. In our view, the impact of AI disruption on software companies poses more of a threat over the medium term, particularly considering the rise in maturities in 2028 and after, and the risks vary across the sector. Read the full story: okt.to/EqLsuP

From @SPGMarketIntel: Global inflation remained elevated around mid-year, and looks set to rise further in the coming months, according to the leading indicators from the PMI data, potentially staying elevated into the new year. US businesses reported the steepest price rise in output prices among the major economies in September, contrasting with falling charges in mainland China, where inflationary pressures were the weakest among the economies surveyed by the PMIs. However, stubbornly elevated inflation rates are also signalled for the eurozone, UK and Japan, with the PMI leading indicators all signalling inflation at levels well above central bank targets. Read more: okt.to/OnmHU3

We are pleased to welcome Thomas Kim as S&P Global's new Chief Legal Officer, effective October 19, 2026. Thomas brings more than 30 years of legal and business leadership experience and will oversee our Legal, Government Affairs, Risk and Compliance function. We look forward to the expertise and perspective he will bring to our leadership team.   We extend our gratitude to Steve Kemps for his exceptional leadership and partnership he has provided throughout his career at S&P Global. Read more: okt.to/rJgqdp

India's CBDC has struggled to gain retail traction by design. Adoption is negligible against Unified Payments Interface (UPI) transaction volumes, but in agricultural credit, carbon credit disbursement and government securities settlement, the digital rupee is emerging as money that carries embedded conditions. Explore our full collection of research: okt.to/aytXQ5

Worldwide PMI survey data indicated accelerating jobs growth in September, with firms encouraged back to the la-bour market amid reduced uncertainty about the business outlook compared to earlier in the year. Globally, job gains were the highest since May 2023, with the sectors distribution of jobs growth also broadening out to the widest for over two years. The employment situation varied markedly regionally, however, with strong job gains reported in the US alongside robust increases also seen in India and Japan. More modest but improving employment situations were meanwhile seen in the eurozone and Mainland China, but jobs were cut in the UK, Australia, Canada, Russia and Brazil. Read the full analysis from @SPGMarketIntel. okt.to/QEvBye

From @SPGMarketIntel: The traditional Financial Institution rating framework was primarily designed for banks and deposit-taking institutions whose credit risks differ fundamentally from those of fintech companies. While traditional rating frameworks rely heavily on balance sheet strength, physical collateral, and strict capital adequacy ratios, fintechs primarily deploy capital into intangible assets like proprietary software and intellectual property, making them appear undercapitalized under legacy metrics. Read more: okt.to/m13tOX

In India Forward: Reimagining Growth, analysts and experts from S&P Global and Crisil examine the next phase of India's economic growth, its approach to managing global challenges and its strategies to navigate this environment. Explore our full collection of research: okt.to/DRLBar

From @SPGlobalRatings: Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one. That’s because of a change in market dynamics over the past several years, with the United Arab Emirates' (UAE's) visa reforms supporting a higher proportion of long-term investors and end users. S&P Global Ratings' base case is that the Middle East disruptions will continue into 2027. This, together with new deliveries due in 2027-2028, could accelerate the price correction, particularly in investor-driven apartment segments. However, the four real estate development companies we rate in Dubai--Damac Real Estate Development Ltd. (Damac), Emaar Properties PJSC (Emaar), Omniyat Holdings Ltd. (Omniyat), and PNC Investments LLC (Sobha)--have large revenue backlogs and limited payment delinquencies, supporting the ratings. Read more: okt.to/zqM9IV

We're #SPGlobalProud to celebrate Martina Cheung, CEO of S&P Global, for being named one of American Banker's 2026 Most Powerful Women in Finance for a third consecutive year. Martina's recognition reflects her leadership, vision, and commitment to creating long-term value for customers, shareholders, and the global markets we serve. Her leadership continues to advance the data, analytics, and insights that help power confident decision-making around the world. Read more >> okt.to/Lb2ktn

India’s energy resilience must extend beyond managing individual supply disruptions to building the capacity to absorb and respond to energy shocks across the economy. Explore our full collection of research: okt.to/ovAMDi

An unusually strong El Niño, which is expected to further intensify over the remainder of 2026, poses environmental and economic challenges across Asia. These will include reduced crop and livestock output, and possible water shortages, hydropower disruptions, and infrastructure damage. The resulting pressures on business, including potential operational interruptions, will inevitably weigh on regional financial institutions. @SPGlobalRatings expects the impacts on banks to vary both in nature and degree, with geography and exposure to the most affected sectors, particularly agriculture, being the primary drivers of risk. Get more insights: okt.to/MRoY17