News
KEB raises $300M via global bonds sale
                                                                                 
                    
                    	Korea Exchange Bank raised $300 million by selling global bonds amid favorable market conditions due to upgrades of Korea's sovereign rating.
                
                                
            KEB raises $300M via global bonds sale
                                                                                                                 
                            
                            	Korea Exchange Bank raised $300 million by selling global bonds amid favorable market conditions due to upgrades of Korea's sovereign rating.
                        
                                                
                        
    
                    Aberdeen targets SMEs for provident funds
                                                                                                 
                        
                        	Aberdeen Asset Management is targeting SMEs in the hope of bringing total assets of provident funds to Bt4 billion by year end.
                    
                                        
                    
                Indonesia sets govt bonds for individual investors
                                                                                                 
                        
                        	Indonesia’s Finance Ministry is aiming f0r individual investors for its next three-year bond sale It has set for the said bonds at 6.5 percent.
                    
                                        
                    
                CMSB increases K&N Kenanga stake by 4%
                                                                                                 
                        
                        	Cahya Mata Sarawak Berhad acquired a further 25 million shares at a price of 85 sen per share in K&N Kenanga Holdings Bhd.
                    
                                        
                    
                Schroder Singapore acquires 25% stake in India's Axis AMC
                                                                                                 
                        
                        	Schroder Singapore Holding has acquired a 25 percent stake in Axis Asset Management Company, giving the latter access to the former's global distribution network.
                    
                                        
                    
                Malaysia's AmIslamic expects ringgit bonds to hit up to RM100B
                                                                                                 
                        
                        	AmIslamic Funds Management expects ringgit-denominated bonds to hit between RM90 billion and RM100 billion by year-end.
                    
                                        
                    
                Investors protest vs Tianjin City in China's largest private equity fraud
                                                                                                 
                        
                        	Over 1,000 disgruntled investors protested against the local government of Tianjin City outside the municipal building last Sept. 3 and 4.
                    
                                        
                    
                CVC, Goldman eye $2.8B debt-for-equity swap for Australia's Nine
                                                                                                 
                        
                        	A debt-for-equity swap has been proposed by Goldman Sachs and CVC Capital Partners for CVC's Australian television network Nine.
                    
                                        
                    
                India-focused hedge funds give negative return
                                                                                                 
                        
                        	India hedge funds have posted negative returns of 0.9 percent so far in 2012.
                    
                                        
                    
                New Thai group Kiatnakin-Phatra Financial joins the fray
                                                                                                 
                        
                        	A new entity, named Kiatnakin-Phatra Financial Group, aims will offer both commercial banking and capital-market products and services, with strong aspiration to excel in all core areas.
                    
                                        
                    
                India's Reliance to provide investment products in Oman
                                                                                                 
                        
                        	India's Reliance Wealth Management to will provide RWM's investment products to National Bank of Oman customers.
                    
                                        
                    
                HSBC Global raises stake in IRB Infrastructure to nearly 6 %
                                                                                                 
                        
                        	HSBC Global Investment Funds has raised stake in IRB Infrastructure to nearly six per cent with the acquisition of 1.48 per cent stake through the open market route.
                    
                                        
                    
                South Indian Bank sells 15% stake to US private equity firm
                                                                                                 
                        
                        	South Indian Bank has sold 15% stake for Rs 443 crore to the private equity firm of the US-based Carlyle Group, First Carlyle Ventures Mauritius.
                    
                                        
                    
                Mandiri to expand brokerage business in Singapore, then HK
                                                                                                 
                        
                        	Bank Mandiri plans to expand its brokerage business in Singapore to tap growing foreign investor interest in Indonesian equity assets.
                    
                                        
                    
                Australia to tap China's Panda Bonds
                                                                                                 
                        
                        	Australian companies may soon be able to tap China's 1.8 trillion yuan or US$285 billion domestic bond market,
                    
                                        
                    
                Takaful Ehsan to expand branch offices for marketing
                                                                                                 
                        
                        	ING Public Takaful Ehsan Bhd will expand its operations by opening more marketing branch offices nationwide from early next year.
                    
                                        
                    
                Axiata prices world's first rated RMB sukuk
                                                                                                 
                        
                        	Axiata has priced its inaugural issuance of a two-year RMB1.0 billion sukuk via its wholly-owned Malaysian incorporated special purpose vehicle, Axiata SPV2 Bhd.