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◆ The Fed's Powell era ends with split decision ◆ Bank capital to lead Gulf bond revival ◆ SSAs, corporates and FIG face busy May
Lower rates will need lower inflation — and an FOMC consensus
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Citi has promoted Prosenjit Saha as head of loan sales for Asia Pacific, a newly created position at the bank. -
The Asian dollar bond market is set for a quiet week for issuance because of public holidays across a number of countries and as investors continue to battle volatility induced by Covid-19 and renewed US-China trade tensions.
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Citi has made two senior appointments to its corporate banking business in Asia Pacific.
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Indian conglomerate Reliance Industries is planning a jumbo rights issue of Rp531.2bn ($7.01bn).
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In this round-up, China says it will hold its most high-profile political meeting in May after a two-month delay due to the Covid-19 pandemic, both the official and Caixin manufacturing Purchasing Managers’ Index (PMI) slide in April, and the successor to failed Baoshang Bank launches.
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Luxshare Precision, a Chinese designer of cable assemblies, has launched a $500m loan into syndication, hiking up the margin on offer due to changing market conditions caused by Covid-19.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
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