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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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In this round-up, the renminbi reached its strongest value against the dollar since July, December exports and imports volumes dropped, and trade volumes between China and Russia reached a record high. -
South Korea’s third largest life insurer, Kyobo Life Insurance, has lined up three firms to lead its IPO, according to a source working on the deal.
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Bank of America Merrill Lynch has appointed two senior bankers as co-presidents of Asia Pacific, succeeding Matthew Koder who took on a new position last year.
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A rally in the debt market and Indian Oil Corp’s (IOC) scarcity value buoyed the company’s return to dollar bond investors for the first time since 2013, allowing it to add a chunky $900m to its coffers.
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Shanghai Commercial Bank followed Hong Kong’s Dah Sing Bank into the bond market on Thursday with a $300m Basel III-compliant tier two deal.
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IPO-hopefuls Metropolis Healthcare and Polycab India, a wire and cable manufacturer, are set to begin pre-marketing this month, according to a source close to the deals.
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