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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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Oil products storage and distribution firm Puma Energy has increased the size of its latest revolver to $800m from $500m, with 35 lenders making commitments. The company has also managed to extend the maturity on part of a three year facility raised last year. -
Sri Lanka’s finance minister, who has helped engineer a growth recovery, tells Emerging Markets that he is fed up with “pontificating” Western politicians telling him to adopt green policies that would end up adding costs for his citizens
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China International Capital Corp (Hong Kong) is gearing up for its first international bond with plans to meet investors next week.
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Public sector debt bankers are confident that the Asian Infrastructure Investment Bank could belie its critics and gain a strong credit rating — and are hopeful it will have a similar impact on the dollar market to that of the ESM and EFSF on euros.
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In a rare side-by-side appearance in a debate at the ADB annual meetings, the finance ministers of India and Pakistan sidestepped the normal hostile tone between the two Asian powers to outline how they will both surpass China with 7% annual growth.
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Senior policymakers at the ADB annual meetings appeared non-plussed about a Donald Trump US presidency and were reluctant to be drawn — although one expert doubted the Republican challenger knew what the ADB was.
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