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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 Philippine arm of Del Monte Foods is set to issue the country’s first dollar-denominated securities (DDS) on the stock exchange. -
Renminbi internationalisation is back on the table after People’s Bank of China (PBoC) signalled actions to increase the currency’s offshore usage in 2017. But the process will be slow, experts warn, given the upcoming 19th Party Congress and demand to limit capital outflows.
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Mimi Cheng, chief representative of First Gulf Bank in Hong Kong, has left the firm less than a year after taking over the position.
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WHA Utilities and Power has raised Bt6.0bn ($174m) from its IPO, taking advantage of a flood of domestic demand to price at the top of guidance.
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Indonesia Eximbank and State Bank of India launched new dollar deals on Thursday, in a busy Asian debt market ahead of a holiday-filled April.
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Issuers from Greater China are dominating the dollar debt market, as they vie for investor attention on Thursday alongside a couple of south and southeast Asian names.
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