Latest macro news

  • Time to rethink assumptions on China's economy, says Pettis

    China may seem out of the woods, given the strong GDP growth recorded in 2017 and the coordinated crackdown on leverage in its financial system, but the true reckoning has yet to come, leading China economist Michael Pettis tells GlobalRMB.

    • 28 Feb 2018
  • Updated: VW China joins ABS party with comeback deal

    Volkswagen Finance (China) is gearing up for its third appearance this year in the Chinese asset-backed securities market, plotting a Rmb3.5bn ($528.1m) deal. The transaction comes amid a flurry of foreign name originations in China in recent weeks.

    • 20 Nov 2017
  • RMB 2.0: Entering the digital realm

    Renminbi internationalisation could soon be renamed renminbi digitalisation as the People’s Bank of China continues to make inroads to becoming the first major central bank to issue its own digital currency, according to a report from King & Wood Mallesons (KWM).

    • 09 Feb 2017
  • Capital outflows leave China with no easy options

    The rising tide of capital outflows from China has left experts debating Beijing's best course of action. While there are a number of options, none are likely to generate long-term confidence in the renminbi.

    • 11 Jan 2017
  • Corporate Governance Poll 2016: Time to get serious

    Asia has taken its time in improving corporate governance standards, with experts agreeing on the need for broader action. But Taiwan and Hong Kong firms seem to be moving in the right direction, as shown in the results of this year's Asiamoney Corporate Governance poll. Paolo Danese reports.

    • 15 Dec 2016
  • Best Managed Company Awards 2016: Asia’s finest stand out

    Asiamoney is pleased to present its choices for Asia’s Best Managed Companies in 2016. In a year marked by political and economic upheaval, the region’s best firms and executives impressed on through a combination of factors including financial performance, innovation and strategic execution.

    • 15 Dec 2016
  • RMBi needs to match China reform progress, says Brookings Institution

    Renminbi globalisation has been successful so far, but now the low-hanging fruit has been picked, Chinese authorities will struggle to push through the next round of reforms, according to Eswar Prasad, professor at Cornell University and senior fellow at the Brookings Institution.

    • 12 Oct 2016
  • China regulatory fragmentation “dangerous", says IMF

    China’s reliance on a loose collection of market regulators has exacerbated market volatility, with the IMF welcoming plans for a total revamp of the financial markets institutional framework, according to Markus Rodlauer, former China mission chief and deputy director of the Asia and Pacific Department.

    • 11 Oct 2016
  • ADB chief dismisses 'over-banking' fears in Asia

    In an interview with GlobalMarkets Asian Development Bank (ADB) president Takehiko Nakao reveals the strategic thinking behind a surprisingly high degree of cooperation between the Japan and US-dominated ADB, based in Manila, and the China-dominated Asian Infrastructure Investment Bank (AIIB), based in Beijing

    • 09 Oct 2016
  • No selling of souls in Sri Lanka: Karunanayake defends China policy

    Sri Lanka’s economy is slowly being wrestled back into shape, following the disastrous era of scattergun borrowing and spending that embodied the previous government. But, the country’s finance minister tells Global Markets, much remains to be done in order to clear a huge backlog of debt and toxic loans out of the financial system, and get the economy moving again

    • 08 Oct 2016

Macro news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 19.41
2 CITIC Securities 14.83
3 Agricultural Bank of China (ABC) 13.48
3 Industrial and Commercial Bank of China (ICBC) 13.48
5 China CITIC Bank Corp 12.13

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 11,740.22 44 9.11%
2 Citi 10,158.71 51 7.88%
3 Morgan Stanley 9,246.62 32 7.18%
4 China International Capital Corp Ltd 7,282.31 19 5.65%
5 China Securities Co Ltd 7,107.56 22 5.52%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 13,665.77 109 7.10%
2 Citi 12,993.19 83 6.75%
3 JPMorgan 9,603.62 47 4.99%
4 Bank of America Merrill Lynch 8,844.84 49 4.60%
5 Goldman Sachs 8,622.02 35 4.48%

Asian polls & awards

  • GlobalCapital opens Green/SRI Bond and Loan Awards Poll 2018

    After a year of burgeoning growth and change in green, social and sustainability bond issuance, with huge acceleration in green loans, GlobalCapital today invites you to vote in its third Awards poll for this market.

  • The Australian Fixed Income Poll 2018

    Asiamoney, in association with National Australia Bank, invites all fixed income investors in Asia and Europe to participate in the Australian Fixed Income Poll 2018. The online poll will take only five to 10 minutes to complete.

  • Regional Capital Markets Awards Part IV: Investment Bank

    In the last instalment of our 2017 awards, we present the full write-ups of the winners of Best Asian Investment Bank and Best Investment Bank.

  • Regional Capital Markets Awards Part III: Bonds

    In the third instalment of our 2017 awards, we present the full write-ups of the winners of the Best Local Currency Bond, Best High Yield Bond, Best Financial Bond, Best SSA Bond, Best Investment Grade Bond, Best Project Finance Deal, Best Bond, Best G3 and Local Currency Bond House, and Best High Yield Bond House.

  • Regional Capital Markets Awards Part II: Equities

    In the second instalment of our 2017 awards, we present the full write-ups of the winners for Best Follow-On/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.