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.