FinanceAsia

China Resources Gas to buy AEI China Gas

Thu, 17 May 2012 09:00:00 GMT

Hong Kong-listed China Resources Gas Group will pay $237.7 million for Chinese gas distributor AEI China Gas.

Baoxin and Zhengtong failures dash hopes of high-yield bond revival

Thu, 17 May 2012 09:00:00 GMT

High-yield bonds for Baoxin Auto and China Zhengtong Auto are postponed as markets stall amid Greek woes, widening spreads and fears of a hard landing in China.

Citi gives Usman Ahmed top investment banking job in the Philippines

Thu, 17 May 2012 09:00:00 GMT

Ahmed will remain Asia-Pacific head of global Islamic banking alongside his new role as head of corporate and investment banking in the Philippines.

Nomura hires Goldman Sachs banker to head Korea corporate sales

Thu, 17 May 2012 09:00:00 GMT

Nomura makes another senior appointment to its corporate solutions and financing group.

Asia's best managed companies: Hong Kong and Taiwan

Thu, 17 May 2012 09:00:00 GMT

We reveal the results of our annual poll to find Asia's top companies. Today, Hong Kong and Taiwan.

More fundraising in store as Asia warms to budget airlines

Thu, 17 May 2012 09:00:00 GMT

Asia's low-cost carriers will tap debt and equity markets to fund growing market share, says J.P. Morgan transport analyst.

A $46 trillion “perfect storm” may be brewing in corporate credit markets

Thu, 17 May 2012 09:00:00 GMT

Standard & Poor’s head of corporate research for Asia-Pacific, Terry Chan, discusses how the global economic landscape may raise the downside risk of a perfect storm for credit markets.

J.P. Morgan hires Jing Zhao as head of FIG for Asia ex-Japan

Wed, 16 May 2012 09:00:00 GMT

Zhao joins J.P. Morgan from Citi, where she was co-head of FIG for Asia ex-Japan with a key focus on China.

Dimon loses his sparkle

Wed, 16 May 2012 09:00:00 GMT

The trading debacle at J.P Morgan raises issues about accountability as well the opacity of hedging activities.

Islamic Bank of Thailand sends out RFP for sukuk

Wed, 16 May 2012 09:00:00 GMT

The RFP surprises the market as CIMB has already been working on the deal for some time.

Agricultural Bank buys Hong Kong office for $630 million

Wed, 16 May 2012 09:00:00 GMT

ABC will use the 28-storey building as its Hong Kong headquarters, making it the first of China's big four banks to own its office building in the city.

Asia's best managed companies: Philippines and Indonesia

Wed, 16 May 2012 09:00:00 GMT

We reveal the results of our annual poll to find Asia's top companies. Today, the Philippines and Indonesia.

Longyuan Power drops on share sale plan

Tue, 15 May 2012 14:08:00 GMT

China's largest wind power producer says the placement of new H-shares may account for up to 18.2% of its overall share capital and, based on current market prices, it could raise as much as $900 million.

Two Chinese companies seek $541 million from HK listings

Tue, 15 May 2012 09:05:00 GMT

BMW dealer Yongda Auto is aiming to raise at least $306 million, while copper producer China Nonferrous Mining is seeking at least $235 million from the first listing of Africa-based mining assets in Hong Kong.

Thai AirAsia’s controlling shareholder launches $145 million IPO

Tue, 15 May 2012 09:00:00 GMT

The total offering will include a private placement of up to $87 million, which could result in an overall deal size of as much as $232 million.

Facebook debut will give US big lead in global IPO stakes

Tue, 15 May 2012 09:00:00 GMT

In last week’s web poll, we asked our readers to say which IPO markets would be busiest during 2012. With Facebook’s megadeal coming next week, can Hong Kong or China catch up?

Check out our Chinese website

Tue, 15 May 2012 09:00:00 GMT

FinanceAsia's Chinese language website is now available for free.

China cuts reserve requirements as economy slumps

Mon, 14 May 2012 09:00:00 GMT

The People’s Bank of China will cut the reserve requirement ratio for banks as it moves to stabilise growth.

BNP Paribas appoints Joris Dierckx as Korea country head

Mon, 14 May 2012 09:00:00 GMT

Joris Dierckx moves from his position as chief of BNP Paribas' Greece office to take a similar role in Seoul.

Sinopec underscores demand for long bonds

Mon, 14 May 2012 09:00:00 GMT

Asia's debt markets are selectively open as Sinopec and Vietinbank close bonds while China Zhengtong Auto and Baoxin Auto are said to have held off pricing last week.

Dealogic league table roundup, May 11

Fri, 11 May 2012 17:20:00 GMT

Sinopec Group Overseas Development’s $3 billion trade is the fourth-biggest G3 deal in the region on record, helping HSBC to stay on top of the DCM league table.

Macquarie appoints new ECM heads in Asia, Australia

Fri, 11 May 2012 09:02:00 GMT

Mark Warburton is appointed head of Australia ECM and is succeeded as head of ECM for Asia by Jeremy Wernert, who will also retain his current job as head of equity syndication for the region.

Asean Exchanges interviews: Singapore’s Nels Friets

Fri, 11 May 2012 09:00:00 GMT

Singapore Exchange's head of securities, Nels Friets, talks about Asean Exchanges, a collaboration that will connect seven exchanges across the region.

Loan Week, May 4-10

Fri, 11 May 2012 09:00:00 GMT

A roundup of the latest syndicated loan market news.

Tempo Scan share sale increased to $229 million

Fri, 11 May 2012 09:00:00 GMT

Robust demand from high-quality institutions allows the majority owner to sell more shares than planned in Tempo Scan, an Indonesian pharmaceutical and consumer products company.