Asia Pacific

Oriental Petrochemical (Taiwan) Co, a subsidiary of conglomerate Far Eastern Group, is planning a return to the loan market for a dual currency borrowing that will include a dollar portion for the first time.

China's latest crackdown of three of its technology companies has a clear message for firms looking to list in the US — and investors wanting to buy their shares.

Santander has appointed a new head of sustainable capital markets in London: Victoria Land, until recently head of APAC sustainable banking at Crédit Agricole in Hong Kong.

Hong Kong’s stock exchange is planning to launch a new platform to cut the IPO settlement process, often criticised for being longer than on other global bourses.

India’s Ministry of Steel has kicked off a two-day sale of its shares in National Mineral Development Corp, eyeing at least Rp19.3bn ($260m) in proceeds.

Indian company Tata Steel has returned to the loan market. It is in talks with banks for a £200m ($276m) financing to support its UK business.

ONGC Videsh, the overseas subsidiary of Indian state-owned Oil and Natural Gas Corp, has launched a $500m loan into general syndication. It is targeting a broad group of lenders for the fundraising, owing to lending caps imposed on banks.

Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.

Three Chinese domestic credit rating agencies downgraded Sichuan Languang Development Co due to higher refinancing risk on Monday, sending its bond prices lower.

Asia's investment grade bond market is off to a busy start for the week, while pressure on the high yield sector continues to keep borrowers at bay.

An investor consortium led by the local government of Jiangsu has agreed to channel Rmb8.82bn ($1.36bn) into troubled Chinese electric appliance retailer Suning.com, giving a boost to the company’s share price.

China’s cybersecurity task force has ordered online platforms Full Truck Alliance (FTA) and Kanzhun, both recently listed in New York, to stop signing up new users. The move came immediately after the regulator ordered ride-hailing service Didi to be removed from mobile app stores.