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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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China’s financial regulators publish rules to standardise asset management regulations, the Philippines confirms Bank of China for its Panda bond debut, and UBS Asset Management’s China arm launches the first onshore equity fund by a foreign asset manager. -
Home Credit Vietnam has put together a $80m borrowing with four banks. The deal marks the firm’s second loan in the international market.
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In a positive end to a volatile week in Asia, Moody’s upgraded India’s government rating to Baa2 from Baa3, the agency's first boost of the sovereign since 2004.
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Government-backed Inner Mongolia Baotou Steel Union Co has become the latest issuer in Asia to pull a dollar bond, faced with a market overloaded with supply.
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China Jianyin Investment (JIC), an equity investment group, pushed through a triple-tranche, dual-currency bond on Thursday when many others struggled to find their feet. But it wasn’t all smooth sailing, with the issuer’s notes taking a hit in secondary.
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UK bank Barclays made its first trip to the Singapore dollar market on Thursday, grabbing S$200m ($147.5m) from an opportunistic transaction.
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