Stock exchanges of Dubai and Bahrain will introduce a new, simplified way of transferring shares between the two bourses next year, Dubai Financial Market (DFM), the operator of the emirate's main exchange, said on Wednesday.

Thailand's Jasmine Broadband Internet Infrastructure Fund has pushed back the listing of an up to $1.2 billion initial public offering to January due to a delay in approvals from stock market regulator, IFR reported on Monday.

Shearman & Sterling has promoted 13 lawyers to its partnership worldwide, including three in Asia.