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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions. -
WuXi Biologics Holdings has raised HK$6.1bn ($787.5m) after selling a block of shares in WuXi Biologics (Cayman), the fourth time it has trimmed its position in the company this year.
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HSBC has hired Jan Laubjerg for a new position as global head of natural resources.
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Mercedes-Benz Auto Finance is planning to sell a Rmb6.26bn ($917m) dual tranche auto securitization transaction next week after a six-month break from the onshore market. The issuer has doubled the length of the revolving period compared to its previous outing.
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Fujian Yango Group Co enticed investors with a yield of more than 12% for its new $200m bond on Tuesday.
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The Asian Infrastructure Investment Bank (AIIB) has appointed a chief economist for the first time, picking Erik Berglof to head its economics department.
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