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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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  • Singapore has received a new batch of initiatives to strengthen cross-border renminbi flows and capital market connectivity with China which will support greater use of the RMB outside the Mainland, says the Monetary Authority of Singapore (MAS) in a press release.
  • The Securities and Exchange Commission of Pakistan (SECP) has launched public consultations for three capital markets frameworks, focusing on bond pricing, securities brokers and know-your-customer information sharing.
  • Troubled Chinese property developer, Kaisa Group Holdings, is one step closer to striking an agreement with its offshore debt investors, announcing a new restructuring programme on November 6.
  • Products under the umbrella in the Mutual Recognition of Funds scheme (MRF) will not require institution or product level quotas, the Chinese regulator said on November 6. But experts argue the MRF’s rules may limit its appeal among foreign asset managers, in particular those without an established joint venture in the Mainland.
  • Indian mortgage lender Housing Development Finance Corp (HDFC) is gearing up for what could potentially be the country’s first rupee-denominated offshore bond, also known as a Masala bond.
  • Chinese technology giant Tencent Holdings is due to hit the syndicated loan market for a fundraising of as much as $1.25bn.
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