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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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  • Commodity trader Gunvor Singapore has begun talks for a loan to refinance a $1.0627bn dual tranche revolver it wrapped up in July last year.
  • US-based index provider MSCI will exclude Hong Kong listed securities with a high ownership concentration from its Global Investable Market Indexes (GIMI), it said in a statement on Monday.
  • Lippo Karawaci has completed an early exchange offer to repurchase its outstanding notes as part of a debt management exercise. The result shows that the firm has come close to what it was expected to raise with the bond swap.
  • Standard & Poor’s cut Azerbaijan’s credit rating to sub-investment grade on Friday as declining oil prices and general government deficits continue to put downward pressure on the sovereign.
  • Myanmar’s stock market regulator is set to name the first company to be able to sell its shares on the Yangon Stock Exchange (YSX).
  • Thai telecoms and media company True Corporation is planning to sell Bt60bn ($1.68m) worth of shares through a rights offering, according to a filing with the Stock Exchange of Thailand.
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