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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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Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has mandated five banks for a $300m loan.
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Trans Retail Indonesia, previously known as Carrefour Indonesia, and textile firm Sri Rejeki Isman (Sritex) have both mandated banks for new loans. -
A research paper published on Monday by the Bank for International Settlements sets out how grave the peril of climate change is. It asserts the necessity of central banks grasping this problem as central to their responsibilities — but also admits that they will be unable to “preserve financial stability in the age of climate change”.
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Contrary to market expectations, the People’s Bank of China kept both the one year and five year loan prime rates (LPRs) unchanged on Monday.
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Elite Commercial Real Estate Investment Trust has opened books for an IPO that could raise up to £130.7m ($169.7m), according to a source familiar with the matter.
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Chinese co-living platform Phoenix Tree priced its US listing below the initial marketed range and reduced the size of its IPO, raising $129.6m. Its stock had a volatile start to trading last Friday.
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