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First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
MDBs see financing regions and cities as a crucial growth area, since they handle much of social development but lack access to capital
Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
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Kia Motors has approached lenders for a financing to support the construction of a production plant in India that was announced late last month. -
Chinese mobile phone maker Xiaomi, which sounded out lenders to refinance a syndicated loan raised in 2014, has sent out terms for the new facility to retail banks.
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Wednesday’s sharp fall in the S&P 500, as the political storm around US president Donald Trump’s links with Russia intensified, has not turned into a market rout... yet. Equities bankers, indeed, are convinced it is a blip, saying investor appetite for stocks remains strong.
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Chinese and other Asian banks are catching up with Western rivals in the emerging market loan market and, as Bianca Boorer reports, look set to keep growing their market share.
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China Lodging Group has allocated its $500m borrowing among 18 banks. The loan, launched in February, will fund the acquisition of hotels in the Mainland.
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HSBC has promoted Sheldon Wong to head its Middle Market Financial Sponsors (MMFS) team in Asia Pacific, a segment tipped to grow alongside the region’s increasing M&A volumes.
