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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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Malaysian conglomerate UMW Holdings is planning a MR1.1bn ($282m) rights issue, as it raises funds for the acquisition of automotive company MBM Resources. -
In the fourth and final part of a series of articles on China’s financial transformation, GlobalRMB looks at the commodity trading markets. From the launch of a new energy exchange to the increasing domestic trading of crude oil, gold and iron contracts, the wheels are already in motion for major change.
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HSBC has appointed Pradeep Rao as head of corporates for Southeast Asia, effective immediately, according to a press release sent on Tuesday.
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GAC-Sofinco Auto Finance is preparing to sell a Rmb4bn ($633m) deal in the Chinese asset-backed securities market on March 20, set to be the third foreign name origination in three weeks.
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Philippine firm Metropolitan Bank & Trust Co has set the final terms for its Ps60bn ($1.15bn) rights issue, which will be launched next week.
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Singapore Exchange (SGX) on Thursday proposed changes to rules governing its clearing house, which it said should result in more appropriate contributions to its derivatives clearing fund.
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