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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 trio of Chinese companies are seeking to list in Hong Kong, having filed draft prospectuses with the city’s stock exchange on Tuesday. -
Malaysian low cost carrier AirAsia is set to make its first outing to the international bond market having mandated three banks to arrange a series of fixed income meetings.
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The Chinese auto ABS market is revving up for 2016 with Volkswagen poised to launch a Rmb2.99bn ($460m) Driver China Three next week.
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Barclays is preparing to let go investment banking staff in Asia as the British lender continues to wind down its presence in non-core markets.
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Indian state-owned companies Power Finance Corp (PFC) and Rural Electrification Corp (REC) have sent out requests for proposals for loans worth a collective $520m. The invitations come close on the heels of the Reserve Bank of India’s announcement of a new framework to regulate overseas borrowings.
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The October 2015 launch of the cross-border interbank payment system (CIPS) opened the door to creating a global RMB payment infrastructure. But, for now, the limited number of participants involved dampens the new infrastructure's potential impact.
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