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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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India's ONGC Videsh has lined up six lenders for a $1.268bn nine month loan to support its acquisition of a stake in oil fields in Russia. -
A Singapore-based banker who is part of the syndicated finance team at DBS will be moving to a new role next week, according to sources.
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China’s authorities are moving to liberalise the commodities market and introduce renminbi pricing for more and more asset classes as the country puts its focus on furthering global usage of the currency.
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India’s Parag Milk Foods has added an extra three days to the bookbuilding period of its Rp7.7bn ($115.6m) IPO despite being oversubscribed, in a last ditch attempt to woo more institutional interest.
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As the $100bn-plus IPO of Saudi Aramco nears its launch, the UK’s Telegraph has most recently hinted at a three-way foreign listing, conducted across London, New York and Hong Kong. Columnist Philippe Espinasse looks at the practicalities and advantages (as well as disadvantages) for the oil behemoth of listing in Asia.
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Bank of China International has hired Daniel Ng as head of the investment banking division, according to sources.
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