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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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China’s central bank drew a lot of criticism this week for its decision to intervene in the offshore renminbi market. But David Bloom global head of foreign exchange strategy at HSBC, says the People’s Bank of China was correct in trying to stop the CNH depreciation. -
Baker & McKenzie.Wong & Leow has strengthened its DCM franchise by hiring Pallavi Gopinath Aney in Singapore.
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Indian data service provider Tata Communications is understood to be in talks with lenders for a loan of $250m.
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Indian company Cadila Healthcare is gearing up for a Rp50bn ($741.1m) qualified institutional placement after the country’s Foreign Investment Promotion Board gave it the go ahead this week.
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Chinese peer-to-peer lender Lufax is calling on banks to pitch for its $5bn listing in Hong Kong, expected to be the city’s largest float in 2016.
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STIC Investment sold down a W121bn ($99.5m) block in South Korean defence firm LIG Nex1 on Thursday, with the trade proving irresistible to investors amid ongoing geopolitical tensions in the country.
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