Asia Pacific

A UK company plans to get oil majors such as Russia’s Gazprom to use its technology to turn gas that is usually flared into crude

Neptune Orient Lines returned to the Singapore dollar bond market this week, selling S$300m ($245.8m) of seven year notes — and paying no new issue concession to the secondary prices of its existing bonds.

Chinese banks have ramped up their activity as dim sum bond bookrunners with the help of their robust balance sheets. But as the market matures, banks are strengthening their networks for wider distribution.

Those wishing to purchase an EU passport might soon be able buy it – together with Hungarian state bonds, according to a bill

The risk investors take in the US stock market is very high because of successive rounds of quantitative easing, an analyst says

China Guangdong Nuclear Power Holding Co (CGNPC) debuted in the dim sum bond market with a Rmb1.5bn ($239.78m) deal last week, becoming the second issuer out of four state-owned companies that were given quotas to tap the offshore investor base this year.

A number of banks have pushed their way into the CNH bond bookrunner top 10 by building on their relationships with foreign issuers and investors as the market diversifies.

The slowdown in the Chinese economy is not a temporary blip, as the economy is rebalancing, a former PBOC member says

The Chinese economy needs to rebalance to jump to the next level of development, so a temporary slowdown is inevitable

The usage of dim sum bonds rather than RMB cash as a form of collateral with NYSE Euronext’s new London central counterparty is expected to gain traction due to the assets’ ample liquidity and buoyant secondary market activity.