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Taiwan regulator to penalise bank over derivative sales
BY Reuters |
21 Apr 14
Taiwan's financial regulator plans to punish a local bank for aggressively pushing complex foreign currency derivatives on companies, as complaints about losses rise amid the Chinese yuan's recent sharp fall.
Etihad 'toughens stance on Alitalia deal, talks continue'
BY Reuters |
21 Apr 14
Etihad Airways has toughened its stance on conditions for investing in Italy's struggling Alitalia in continuing negotiations between the airlines, sources close to the matter said on Thursday.
Bank Mandiri to buy Bank Tabungan Negara
BY Reuters |
21 Apr 14
Indonesian state-owned lender PT Bank Mandiri will buy PT Bank Tabungan Negara (BTN) to ensure the smaller state-owned peer keeps up with demand for mortgages, a government minister said on Thursday.
GIB plans 2 bln Saudi riyal note issue
BY Reuters |
21 Apr 14
Bahrain's Gulf International Bank plans to issue a two billion riyal ($545 million) floating rate notes with a lifespan of five years through a private placement in Saudi Arabia, a prospectus showed on Sunday.
Sodastream 'in talks to sell up to 16 pct stake'
BY Reuters |
17 Apr 14
At-home soda maker Sodastream International is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website.
Ahli United Bank 'considers sale or merger'
BY Reuters |
17 Apr 14
Ahli United Bank (AUB), Bahrain's largest lender, is evaluating a sale or a merger with a rival bank in a potential $5 billion deal, several bankers familiar with the situation said.
French, Korean consortium to build $1.4 bln Abidjan rail line
BY Reuters |
16 Apr 14
Ivory Coast said it had signed an initial agreement with a consortium including France's Bouygues and South Korea's Hyundai and Dongsan Engineering to build a one billion euro ($1.4 billion) urban rail line in Abidjan.
KLCC REIT gets OK to sell $930 mln of Islamic bonds
BY Reuters |
16 Apr 14
KLCC Real Estate Investment Trust, Malaysia's largest REIT, has received regulatory approval to sell up to three billion ringgit ($929.51 million) of Islamic bonds.
IMG Theme Park gets $327 mln Islamic loan
BY Reuters |
16 Apr 14
Dubai-based entertainment venue IMG Theme Park has successfully closed a 1.2 billion dirham ($327 million) syndicated Islamic facility, as the company prepares for an increase in the influx of tourists into the emirate.
Century Pacific Food sets IPO price range
BY Reuters |
16 Apr 14
Philippine canned food manufacturer Century Pacific Food Inc on Thursday set a price range of 12.50 to 14.50 pesos per share for its upcoming initial public offering.
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