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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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  • Taiwanese banks are turning to southeast Asia to diversify their loan books, as they find it harder to get credit approval for loans to mainland China. But they are still getting used to the market — and some complain that pricing remains unpredictable. Pan Yue reports.
  • Morgan Stanley names ECM head — Fasso joins PineBridge — Citi China makes promotions
  • Shriram Transport Finance Co raised $400m from first dollar bond on Wednesday, becoming the first Indian high yield borrower to tap the offshore market in just over a year.
  • China’s Fujian Yango Group Co this week set out a dramatic rise in the coupon on an outstanding bond, in a bid to avoid an investor put in April. The move left market participants confused, with one calling it ‘very odd’.
  • There are just five more weeks until the UK is due to leave the European Union. Is now the time for this old China hand to make his return?
  • Singapore Power, a government owned electricity and gas distributor, grabbed investor attention on Wednesday and raised $600m from a rare trip to the international bond market.
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