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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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South Korea’s sustainable financing efforts were given a boost this week, after Lotte Property and Development Co sold a $300m bond. -
Dexin China Holdings Co found limited interest for its debut dollar bond, despite paying a generous yield to get the deal done.
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Frasers Logistics & Industrial Trust has raised S$258.1m ($188.4m) after sealing a new unit placement at the top of price guidance, according to a term sheet seen by GlobalCapital Asia.
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China Lesso Group Holdings has mandated nine banks for a $900m loan.
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UBS and Citi trader Tom Hayes was jailed for 11 years for manipulating Libor. But while the trader argued that he was made a scapegoat for the financial crisis, perhaps the rate he rigged is a bigger victim.
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Populism and economic change are melting down old idols. When the next crisis comes, new fiscal and monetary tools will be used — including helicopter money.
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