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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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  • Rizal Commercial Banking Corp (RCBC) has doubled the size of its medium term note programme to $2bn.
  • Warburg Pincus is offloading shares in US-listed China Biologics Products via a block that could raise up to $385m.
  • Hong Kong-listed China Gas Holdings has broken new ground in China’s Panda bond market, becoming the first corporate issuer to take the deal proceeds offshore, several sources told GlobalCapital Asia's sister publication GlobalRMB this week.
  • Japanese retail investors will, for the first time, have the chance to invest in the International Finance Corporation's Masala programme after the supranational launched on Tuesday its first Masala Uridashi.
  • Malaysia’s special purpose acquisition companies (Spacs) have gone from showing promise to dead in the water, with the first liquidation of one of the vehicles last week. It’s time for market participants to make up their minds about the asset class.
  • Japan’s Sumitomo Mitsui Banking Corp has raised $300m via a combination of a public and private sale of half of its stake in Indian lender Kotak Mahindra Capital.
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