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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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Paolo Cicchine will join Deutsche Bank as vice-chairman of global healthcare coverage. -
Russia will issue renminbi government bonds by early 2020, said Russia deputy finance minister Alexey Moiseev on Thursday at the Moscow Exchange Forum in London. The move is a bid to widen access for Russian corporates eyeing renminbi debt, while diversifying funding sources away from the dollar.
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Mapletree Commercial Trust has raised S$458m ($335m) from a placement of new units, pricing the issue at the top of guidance after a strong turnout from new and existing investors.
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Thailand’s S Hotels and Resorts is set to launch bookbuilding for its IPO next week and is looking to raise up to Bt7.9bn ($260m) from the deal.
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Foreign banks are eager to gain full control of their Chinese securities joint ventures, after the regulator said it was abolishing a cap on foreign ownership. But fierce competition and difficult onshore regulations mean it is a long, rocky road ahead. Rebecca Feng reports.
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When life gives you lemons, stay cool and ask life what else it has got.
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