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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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  • State Power Investment Corp (SPIC) kicked off this week's Asia bond market, opening books to a dual-tranche offering on Tuesday morning Asia time.
  • The launch of Shenzhen-Hong Kong Stock Connect is an exciting development but of more importance is whether this further opening up of China’s capital account increases the odds of A-shares making it into the MSCI Emerging Markets Index, according to market participants.
  • Eurex, the derivatives exchange of Deutsche Börse, has launched a daily future linked to the Kospi-200 index, which will be fully fungible with contracts traded on the Korea Exchange (KRX).
  • An A$500m ($380m) five year facility to support Philippine company Universal Robina Corp’s (URC) acquisition of Snack Brands Australia has attracted commitments from about 15 banks.
  • India’s market regulator Securities and Exchange Board of India (Sebi) has given the go ahead to Reliance Infrastructure for its plans to launch an infrastructure investment trust, according to a stock exchange filing on November 25.
  • Ajay Kanwal has resigned from Standard Chartered and stepped down as regional CEO, ASEAN and south Asia, with immediate effect, the bank said.
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