09/18/2014
Industrial and Commercial Bank of China has issued a total of Rmb4bn ($650m) of renminbi-denominated bonds in Singapore and Taiwan, in the first case of cross-border collaboration between the two offshore markets for the Chinese currency.
09/18/2014
He will focus on governance issues and liaise with fellow directors on the board and company shareholders, while also contributing to the firm’s strategic thinking as a veteran with more than 25 years’ industry experience.
09/17/2014
They have risen 7.26% to date this year, stirring expectations of stronger inflows, while long/short equity funds lead capital-raising, find two reports.
09/15/2014
Hong Kong Jockey Club, the city’s only horse-racing operator and single largest taxpayer, increased its allocation to alternative assets by 34 percent in the past year.
09/15/2014
State-controlled oil giant Sinopec Corp on Sunday unveiled a plan to sell a $17.5 billion stake in its retail business, marking the country's biggest privatisation push since President Xi Jinping came to power almost two years ago.
09/15/2014
A wave of international demand for Chinese equities has forced some providers of exchange traded funds, including Deutsche Bank, to shut products to new investment.
09/15/2014
Western markets are closed for the time being to state-owned banks, Gazprombank, Rosneft, and the largest private natural gas company Novatek.
09/15/2014
The Singapore branch of global banking giant Industrial and Commercial Bank of China issued 4 billion yuan of Lion City bonds, or offshore Renminbi bonds issued in Singapore, the bank announced on Monday.