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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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  • Qingdao Port International is en route to its debut offshore bond issuance and plans to seek approval from its shareholders at an annual general meeting on June 6.
  • The Brics bank is to finally make its capital markets debut later this month by issuing green bonds in RMB with the proceeds to be channelled into energy and infrastructure projects, sources have told Emerging Markets, a sister publication of GlobalCapital Asia.
  • Eastspring Investments has named Raymond Tang as chief executive officer of its Malaysia operation, according to a statement from the firm on Monday.
  • Allocations have been revealed for a $274m triple-tranche loan for Indian pharmaceutical firm Strides Arcolab's acquisition in Australia.
  • Having left investment banking a while ago, I’m baffled by the increasingly arcane and complex rules that now plague the business — the Chinese Mainland being a particular case in point, writes Philippe Espinasse.
  • After lending Venezuela more than $65bn over the last eight years, China will soon have to decide whether to go double and keeping on lending, or go quits and let the beleaguered Latin American economy default
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