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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 RMB hub in Frankfurt could benefit from London’s loss of Euro-clearing privileges, but for now the focus remains on developing existing platforms including the ground-breaking Sino-German joint venture exchange, Jochen Metzger, director general for payments and settlement systems, Bundesbank, told GlobalRMB.
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Peer-to-peer lender China Rapid Finance is vying for approval to float in the US, having filed preliminary documents with the Securities and Exchange Commission.
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Chinese property developer Yanlord Land Group is mulling increasing the size of its latest borrowing after over $1bn of commitments poured in for the $600m loan.
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Indonesia’s Modernland Realty is preparing for a new US dollar bond this week, following compatriot property issuer Pakuwon Jati’s tightly priced February deal.
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More details emerge on the seven new free trade zones (FTZs), State Administration of Foreign Exchange (Safe) releases more foreign investment quotas, and China responds to US executive orders on trade ahead of Xi Jinping’s meeting with Donald Trump on Thursday.
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Sumitomo Mitsui Banking Corp has beefed up its loans distribution team for Asia, in line with its objective to build its capabilities in the business.
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