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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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Vodafone has mandated six banks for the IPO of its Indian arm, which could raise up to $2.5bn, according to sources close to the situation.
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American International Group has raised HK$9.7bn ($1.25bn) after selling a large portion of its stake in Chinese insurer PICC Property and Casualty Co, in what is the year's biggest block trade so far in Asia.
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The UK quitting the European Union would have little negative impact on Asia as a region but could offer some of its cities the opportunity to supplant London as a leading global financial centre
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Banks in Asia are not doing enough to connect their private clients to the infrastructure investment opportunities that the region urgently needs to fill its massive $8tr shortfall
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Manulife US Real Estate Investment Trust started taking orders for its $470m Singapore IPO on Tuesday and is hoping to woo investors following a failed attempt at a listing last year.
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Ryuchi Kaga tells Emerging Markets that Asia is likely to fall short of the $8tr that needs to be spent on infrastructure by 2020 but that PPP will play an increasingly important role across the region
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