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Hong Kong comes top for M&A leaks, survey shows

BY Reuters |

A crackdown on misdemeanors in the finance industry has helped to reduce the leaking of M&A deals before they are made public to the lowest level since the financial crisis, according to a survey, which also found Hong Kong was the leakiest market.
M'sia opposition: Govt wants to scrap foreign ownership cap for 1MDB power sale

BY Reuters |

A Malaysian opposition leader said the government wanted to sell the entire power assets of state fund 1Malaysia Development Berhad (1MDB) to a consortium of Chinese and Qatari firms, a move that would go against current ownership laws.
Trikomsel restructuring stirs activist investors

BY Reuters |

Individual bondholders in Singapore are joining forces in a bid to win a greater say in the restructuring of troubled Indonesian telecom retailer Trikomsel, in the latest example of bondholder activism in the city's domestic market.
Chevron's Thai unit IPO to raise $435 mln

BY Reuters |

Thailand's Star Petroleum Refining Pcl has set its IPO price at 9 baht ($0.2510) per share, aiming to raise up to 15.6 billion baht ($435.03 million) in an initial public offering later this month, the company said in a filing.
Thailand approves $1 bln in investment projects

BY Reuters |

Thailand's investment agency said it had approved applications for 15 projects worth 37.5 billion baht ($1.04 billion), mainly in aviation, farm goods and renewable energy.
Saudi Arabia says will diversify oil economy to slow climate change

BY Reuters |

Saudi Arabia, the world's largest crude oil exporter, plans to diversify its economy to help combat climate change in a move that could reduce expected carbon emissions by up to 130 million tonnes a year by 2030, the government said.
Saudi Arabia to issue 20 bln riyals of bonds to banks

BY Reuters |

Saudi Arabia's government is in talks with local banks to sell them local currency bonds, worth 20 billion riyals ($5.3 billion), which will be allocated next week, the Maaal financial website reported, citing unnamed sources.
Kuwait financial regulator opens door for more sukuk issues

BY Reuters |

Kuwait's financial regulator has released rules covering issuance of Islamic bonds in a move that could facilitate sales of sukuk by both the government and corporations.
New realism sets in Gulf after tough CBD deal

BY Reuters |

Commercial Bank of Dubai priced a comeback deal but failed to quell concerns about liquidity in the Middle East.
Kuwait's Mabanee says Saudi unit gets nod for $1.9 bln Riyadh shopping complex

BY Reuters |

A subsidiary of Kuwaiti developer Mabanee has received approval to build a 7 billion riyal ($1.9 bln) retail, residential and commercial complex in Saudi Arabia's capital Riyadh, the parent firm said.