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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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The enthusiasm in China for a greener economy — and green financing techniques — now embraces the far-reaching Belt and Road Initiative. Meanwhile, foreign investors are being invited into China’s bond market. But as Noah Sin reports, to unite Chinese and international green finance markets, China will have to close the gap between two views of what is green.
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Asia’s green finance story is not just about China and India. Although the US has threatened to pull out of the Paris Agreement, southeast Asia has reiterated its commitment to sustainability. As Morgan Davis reports, that is beginning to be felt in its financial markets, where countries such as Malaysia, Singapore and Indonesia are exploring ways to foster green financing.
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Kia Motors Corp has mandated banks for a new dollar deal, with a global roadshow kicking off in early October.
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Macquarie Capital has appointed Justin Ocampo as a managing director and the head of its Philippines office.
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Dubai healthcare group Aster DM Healthcare has signed a $295m facility with banks from the UAE and India despite its expansion plans in scandal-hit Qatar casting some concerns over the syndication.
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No matter where in the world a European trading firm wants to find a counterparty, they will have to comply with the Markets in Financial Instruments Directive (MiFID) from January 2018. And in Asia, that might cost them business, according to panellists at an International Swaps and Derivatives Association (ISDA) conference this week.
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