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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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  • A string of Middle East issuers is expected in the Formosa market over the next 12 months, according to a DCM banker in Dubai, who added that investors are keen to look at corporates from the region as well as banks.
  • Singapore’s DBS Bank has made headlines for a series of high profile changes this week, including its decision to establish a securities business in Japan.
  • Call me old-fashioned, or just plain old, but I have a hard time understanding the modern obsession with phones. And I cannot help but feel sorry for those who just can’t free themselves from the shackles of technology — even when they want to.
  • India appears poised to continue its strong IPO streak as Dilip Buildcon gets ready to launch a Rp6.53bn ($97.5m) trade next week.
  • India’s cabinet has agreed to raise the foreign shareholding cap on the country’s stock exchanges from 5% to 15%, potentially giving long awaited IPOs a big push.
  • Citic CLSA Securities has appointed former Credit Suisse banker Kelvin Leung as its head of syndicate for capital markets, filling a seat left vacant after the departure of Stuart Wilson.
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