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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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  • Ecom Agroindustrial Asia, the Singaporean business entity under Swiss commodities trader Ecom, has returned to the international loan market for its annual borrowing.
  • Sichuan Languang Development Co returned to the bond market on Wednesday with a $150m tap of an outstanding deal, bringing its 11% 2020 notes to a total size of $400m.
  • American International Group has raised HK$3.79bn ($482.3m) from the sale of its remaining stake in People’s Insurance Company Group of China (PICC), according to a term sheet seen by GlobalCapital Asia.
  • Hong Kong Exchanges and Clearing's derivatives trading revenue hit a record in 2018, helping to lift its profit attributable to shareholders 26% to HK$9.3bn ($1.2bn).
  • Crédit Agricole put out price thoughts for a non-preferred senior bond in the Euroyen market on Wednesday, getting the ball rolling on its third public debt offering in the space of a week.
  • Standard Chartered posted stronger numbers for financial markets products last quarter than its peers, with the investment bank also reducing credit impairment levels.
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