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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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Chinese technology firm Tencent Holdings is holding conversations with banks for a loan of about $1.5bn, just four months after wrapping up a chunky fundraising. -
The Shanghai Clearing House (SHCH) is planning to establish a Shanghai Free Trade Zone (FTZ) bond market. The bonds will be denominated in offshore renminbi and sold to offshore investors, several sources close to the initiative have told GlobalCapital Asia's sister publication GlobalRMB.
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Yunnan Provincial Energy Investment Group is on track for its first dollar bond while the Export-Import Bank of China (Chexim) has opted for a dual-currency, triple-tranche offering for its return.
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CIMB Group chairman and director Nazir Razak has taken a voluntary leave of absence pending a board review on banking activities relating to his personal account.
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Natixis and Korea's KB Insurance (KBI) have signed a pact to co-invest in infrastructure and aviation debt that will be originated by the French lender.
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Société Générale has named Frank Drouet as its new head of global markets, promoting him from his position overseeing global markets for Asia Pacific.
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