Market news: Asia media round-up
Rio Tinto mulls US$10 billion rights issue if Chinalco tie-up flops, while HSBC raises US$18.5 billion through its own rights offering. Also UBS’s former regional head of investment banking is speculated to be in line to take over as Deutsche’s new CEO for Asia-Pacific, and PCCW’s shareholders await the high court verdict on whether they can take the telecommunications company private.
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