Breaking news

  • HSF advises state grid on bond offering
    By Liu Zhen | Friday, 24 May 2013

    Herbert Smith Freehills has acted for the Grid Corporation of China (State Grid) on a $2 billion senior guaranteed notes issuance.

  • GLN serves Moutai with French wine
    By Liu Zhen | Thursday, 23 May 2013

    French firm Gide Loyrette Nouel (GLN) has advised China's leading liquor maker Kweichow Moutai on its acquisition of Château Loudenne in France.

  • Vanguard plans Korean shares sale worth $3 bln
    By Reuters | Thursday, 23 May 2013

    Vanguard Group will sell Korean shares worth about $3 billion by July 3, as the largest U.S. mutual fund manager switches the benchmark of its emerging market index fund, putting further pressure on Asia's worst-performing market this year.

  • Equity investors flock to Japan funds, exit emerging markets
    By Reuters | Thursday, 23 May 2013

    Equity investors piled a net $9.1 billion into Japan mutual funds and ETFs last month, while exiting some emerging markets, showing continued support for "Abenomics" - Japan's efforts to revitalise economic growth.

  • Carlyle 'to raise $2 bln for Japan investments'
    By Reuters | Thursday, 23 May 2013

    U.S. private equity firm Carlyle Group LP is planning to raise 200 billion yen ($2 billion) for a third Japan fund to succeed its seven-year-old second fund, with Japan's aggressive monetary easing helping to boost investor interest, people with direct knowledge of the matter said.

  • BOJ vows market steps to curb bond turbulence
    By Reuters | Thursday, 23 May 2013

    The Bank of Japan vowed on Wednesday to take necessary steps to reduce volatility in bond markets that has threatened to jeopardise the government's fight to end deflation and revive growth.

  • Scotiabank says China re-evaluating Guangzhou deal
    By Reuters | Thursday, 23 May 2013

    Bank of Nova Scotia Chief Executive Rick Waugh said on Tuesday that Chinese authorities are re-evaluating whether they want to go ahead with a deal to sell 20 percent of Bank of Guangzhou to the Canadian bank.

  • China 'may scrap floor for interest rates this year'
    By Reuters | Thursday, 23 May 2013

    China may remove its floor for interest rates as early as this year or next year at the latest, Chinese media said on Thursday, an important step towards freeing the country's tightly-controlled interest rates market.

  • PICC P&C plans $938 mln rights offer
    By Reuters | Thursday, 23 May 2013

    Chinese state-controlled insurer PICC Property and Casualty Co Ltd (PICC P&C) is raising 5.76 billion yuan ($938 million) to bolster capital, expecting strong growth and amid signs that profitability of Chinese insurers are coming under pressure.

  • China mining services firm plans Aussie IPO
    By Reuters | Thursday, 23 May 2013

    Chinese mining services company Sino Australia Oil and Gas Ltd is planning an initial public offering in Australia in July, tapping international investors while domestic markets remain frozen, and braving an uncertain outlook for the sector.

  • Essar signs $1 bln financing deal with China
    By Reuters | Thursday, 23 May 2013

    Essar Energy Plc on Tuesday signed a $1 billion financial cooperation agreement with the China Development Bank and PetroChina International Co Ltd, according to a document seen by Reuters.

  • China eases forex rules in SEZs
    By Reuters | Thursday, 23 May 2013

    China's foreign exchange regulator said on Wednesday that it will simplify regulation of foreign currency transactions for companies operating in China's special economic zones, as Beijing moves to liberalise the yuan.

  • NA Deals: Greentown China issues notes worth $410 mln
    By ALB | Wednesday, 22 May 2013

    Shearman, S&C advise on Accenture’s acquisition of Acquity Group, four firms assist on Lai Fung Holdings’ notes issue, Shearman guides Oki Electric on its partnership with Itautec, and much more in this week’s North Asia deals spotlight.

  • CapitaLand 'launches $520 mln convertible bond'
    By Reuters | Wednesday, 22 May 2013

    CapitaLand Ltd, the biggest property developer in Southeast Asia, plans to raise up to $520 million in convertible bonds due 2020, according to a term sheet of the deal seen by Reuters on Monday.

  • Cambodia 'mulling sovereign bond issue'
    By Reuters | Wednesday, 22 May 2013

    Cambodia is studying the possibility of issuing sovereign bonds, the director general of its central bank said on Friday at the Asian Development Bank's annual meeting in India.

  • Vietnam gives green light for bad debt bank
    By Reuters | Wednesday, 22 May 2013

    Vietnam's government approved on Tuesday the formation of an asset management firm to buy bad debt from its troubled banks, an official said, a move that could help stimulate an ailing economy growing at its slowest pace in 13 years.

  • KS Partners hires 2 new partners, promotes 1
    By Vasundhara Chatterjee | Wednesday, 22 May 2013

    Indian law firm Khaitan Sud & Partners (KS Partners) has appointed ex-Bajaj Allianz in-house counsel Ashutosh Singh as partner to bolster its insurance practice, and also brought former ALMT senior associate Preeti Balwani on board at its Mumbai office to enhance its corporate advisory group.

  • Firms broker AsiaInfo buyout
    By Liu Zhen | Wednesday, 22 May 2013

    Firms including Davis Polk & Wardwell, Shearman & Sterling, Skadden, Arps, Slate, Meagher & Flom, Akin Gump, Ropes & Gray, , Fried, Frank, Harris, Shriver & Jacobson and Paul Hastings have acted in Nasdaq-listed Asiainfo-Linkage Inc’s privatisation.

12345678910...