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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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United Overseas Bank (UOB) recently hired Ben Chan Ho Fai as the head of RMB solutions, a new unit that the bank set up earlier year. -
Primary bond activity in Asia picked up again on Thursday following the end of the meeting of the Federal Open Market Committee (FOMC), with a pair of Chinese issuers launching separate deals in dollars and euros.
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The renminbi fell back one place to be the fifth most used currency for international payments by value, Swift said in its October 29 report.
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The Shanghai-Hong Kong Stock Connect is approaching its first birthday, with market participants eager to see the scheme expanded to reach its full potential with the inclusion of the Shenzhen-listed stocks as the first order of business and a potential expansion overseas to London. But from an infrastructure perspective, there remains a wide gap between China and most developed markets.
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S H Kelkar & Co looks set to continue the strong momentum in the Indian IPO market, with investors clamouring for shares in the flavour and fragrance producer’s Rp5bn ($77m) float.
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Swedish lender Swedbank kept Australian dollar supply ticking over on Tuesday, pricing its first bond in the currency since 2008.
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