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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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A group of 10 banks is in discussions with semiconductor firm Micron Technology for a NT$80bn ($2.5bn) loan to back its acquisition of Taiwan’s Inotera Memories. -
Union Medical Healthcare covered the institutional tranche of its HK$951m ($122m) IPO on the first day of bookbuilding, with the deal driven by orders from Asian accounts.
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South Korea’s Shinhan Bank has launched a non-deal roadshow in Europe and Asia ahead of its planned debut in the international bank capital market.
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With foreign ownership of Chinese bonds still at very low levels, the decision to open China’s interbank bond market (CIBM) could truly alter global investment strategies. But, at least for now, the devil will be in the details, with analysts saying that foreign ownership is unlikely to surge in the short term.
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The renminbi held a steady second place as the currency of choice for payments between Malaysia and China and Hong Kong, as the usage of dollar continued to dominate, according to the latest RMB Tracker from Swift.
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Maile Carnegie has been appointed to the role of group executive digital banking at Australia and New Zealand Bank, according to a press release.
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