News
S. Korea's Daewoo bags overseas investment funding
                                                                                 
                    
                    	Daewoo International Corp. signed a deal with a private equity fund to invest US$180 million in its future overseas resource development.
                
                                
            S. Korea's Daewoo bags overseas investment funding
                                                                                                                 
                            
                            	Daewoo International Corp. signed a deal with a private equity fund to invest US$180 million in its future overseas resource development.
                        
                                                
                        
    
                    Samsung Asset targets top 3 rank among Asian ETF operators
                                                                                                 
                        
                        	Samsung Asset Management Co. is developing new products with a view to joining the ranks of Asia's three largest exchange-traded fund operators by 2015.
                    
                                        
                    
                Philippines' Ayala Corp. to raise P10 B through bond sale
                                                                                                 
                        
                        	Ayala Corporation is hoping to raise P10 billion through the issuance of Ayala Fixed Rate Bonds.
                    
                                        
                    
                Japan's giant pension fund eyes private equity investments
                                                                                                 
                        
                        	Japan's Government Pension Investment Fund may venture into alternative assets, such as private equity funds.
                    
                                        
                    
                Sumitomo Mitsui to acquire Toyota asset management firm
                                                                                                 
                        
                        	Sumitomo Mitsui Asset Management Co. will acquire all of the outstanding shares in Toyota Asset Management Co. with an eye on making it a wholly owned subsidiary.
                    
                                        
                    
                China Investment Corp sees 3.9% annual return
                                                                                                 
                        
                        	The China Investment Corporation's annualized yield of its overseas investment stood at 3.9 percent since it was founded five years ago.
                    
                                        
                    
                Kiatnakin to provide more wealth management
                                                                                                 
                        
                        	Kiatnakin Bank will focus on wealth management services and target fund mobilisation to generate healthy margins.
                    
                                        
                    
                Cap removed from Taiwan onshore funds’ China investment
                                                                                                 
                        
                        	Taiwan's Financial Supervisory Commission is removing the cap on investment by Taiwanese onshore fund companies in Chinese securities.
                    
                                        
                    
                Barclays India to focus on wealth management, investment banking
                                                                                                 
                        
                        	Barclays will reduce retail banking operations in India to focus on wealth management and corporate and investment banking operations in India.
                    
                                        
                    
                Malaysia poised to tap sukuk, RMB bond growth
                                                                                                 
                        
                        	Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz anrticipates growth in renminbi bonds and sukuk for her country.
                    
                                        
                    
                Philippines' BDO Issuing P5-B LTNCDs
                                                                                                 
                        
                        	Banco de Oro plans to issue up to P5-billion worth of Long Term Negotiable Certificates of Deposit to support its growth objectives.
                    
                                        
                    
                China floats $4.4B worth of T-bonds
                                                                                                 
                        
                        	China's Ministry of Finance will sell 28 billion yuan (US$4.42 billion) in 20-year book-entry treasury bonds.
                    
                                        
                    
                CIMB Niaga to raise $208M in bonds
                                                                                                 
                        
                        	CIMB Niaga will raise Rp 2 trillion or US$208 million from bonds to finance its credit expansion.
                    
                                        
                    
                Chairman to own all shares at Alliance Investment Management
                                                                                                 
                        
                        	Alliance Investment Management chairman Tan Sri Abu Talib Othman will buy a 70 percent stake in the company for RM12.25 million.
                    
                                        
                    
                Thailand's Tisco Bank to issue $2B foreign currency debentures
                                                                                                 
                        
                        	Tisco Bank plans to issue a foreign-currency unsubordinated debenture with two to three years' maturity.
                    
                                        
                    
                Indonesian govt offers lowest ever retail bond coupon rate
                                                                                                 
                        
                        	Indonesia's Finance Ministry launched the ninth series of its retail bonds, which would offer a 6.25 percent coupon rate.
                    
                                        
                    
                Indonesia to locally sell dollar-denominated bonds
                                                                                                 
                        
                        	Domestic investors in Indonesia can purchase dollar-denominated bonds by next year.