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Nikko Asset Management has promoted Fred DeSerio to serve as senior managing director, head of sales and co-head of the business for the Americas.

The announcement of a partnership between the China Financial Futures Exchange (CFFEX) and Moscow Exchange (Moex) on July 15 comes on the back of rapid growth in RMB usage for trade and investment in Russia. And closer ties are on the cards now that infrastructure is being put into place to make Moscow an RMB hub, Riccardo Orcel, deputy CEO of VTB Group, told GlobalRMB.

Commodities trader Gunvor Singapore has exercised an accordion feature to increase the amount of its latest revolver to $1.0627bn, with seven lenders joining the 31-strong syndicate. This is the second increase by the company, which was initially seeking $550m and wound up the borrowing at $911.7m on the back of strong demand.

India’s Syngene International has flung open the books to its Rp5.5bn ($86.0m) IPO, with the trade bagging anchor investors including the Monetary Authority of Singapore and Government of Singapore.

China Merchants Holdings (International) Company has opened books on a dual tranche offering that could raise the firm as much as $700m.

CNY swaps have been better bid as bets on People's Bank of China (PBoC) easing are unwound. At current levels, sources say flatness in the 1s/3s curve slope is likely to back more paying in three years, writes Deirdre Yeung of Total Derivatives.

China’s eHi Car Services and Tingyi Holding Corp will be on the road for investor meetings this week ahead of dollar and offshore renminbi (CNH) notes, respectively.

China Railway Signal & Communication Corp (CRSC) hit the road for its HK$14.00bn ($1.81bn) IPO in Hong Kong on July 27, launching the trade with a covered book and putting half of the offering in the hands of a whopping 16 cornerstone investors.

An $80m four year loan for Cambodian borrower Khmer Brewery has received a commitment from a Taiwanese bank. The deal, which has three banks at the helm, is targeting banks that have some presence in the southeast Asian nation.

China Development Bank (CDB) is preparing to issue an onshore US dollar bond this week. While not the first for the bank in onshore dollars, cheap onshore borrowing costs mean that the deal is being seen as offering a new template for cost-effective funding of China's macro outbound strategy.

KfW was able to double its minimum target with a rare 20 year bond on Friday, using a tactic that SSA bankers away from the deal believe other issuers could follow over the summer.

Apple made its debut in the sterling market on Friday, targeting long maturities of 14 and 27 years as it tapped its fifth funding currency since returning to the bond markets in 2014 following a long absence.