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EY adds Korean firm Apex Legal to Asian network
BY ALB |
06 Apr 15
Ernst & Young has added 55-lawyer Seoul firm Apex Legal to its legal network, as it looks to expand its footprint across the Asia-Pacific network.
RBS sells $817 million of UAE company loans to Dubai bank CBD
BY Reuters |
02 Apr 15
Royal Bank of Scotland (RBS) has sold around 3 billion dirhams ($816.8 million) of loans belonging to companies in the United Arab Emirates to Commercial Bank of Dubai (CBD), both banks said.
Qatar's bourse says plans rights issue trading
BY Reuters |
02 Apr 15
Qatar's stock exchange plans to allow investors to trade rights to share issues, which would let them profit from capital increases even without subscribing to them, the bourse said.
India says will shake up trade tariffs to compete globally
BY Reuters |
02 Apr 15
India plans to pull its tariff regime closer in line with global norms to prepare for new regional trade pacts being negotiated by advanced economies, the government said.
Singapore port authority denies Iceberg Research claims on Noble unit
BY Reuters |
02 Apr 15
Singapore's port authority has denied allegations of misconduct made by Iceberg Research against a subsidiary of commodities trader Noble Group, which is taking legal action against the arcane research group.
Ex-Yingke partner founds Chinese-run firm in Thailand
BY Shangjing Li |
02 Apr 15
DTL Law Office, a Chinese-controlled law firm founded by former Yingke partner Shi Datuo, opened for business in Bangkok on Mar.25.
Kuwaiti bank NBK sets price guidance for capital-boosting bond
BY Reuters |
02 Apr 15
National Bank of Kuwait (NBK), the Gulf state's largest lender, has set price guidance for a dollar-denominated bond issue that will enhance its capital reserves and should price later, a document from lead arrangers showed.
Malaysia's top banks offer $865 mln Islamic financing for Cititower
BY Reuters |
02 Apr 15
The investment banks of Malaysia's two largest lenders by assets, Malayan Banking Bhd and CIMB Group Holdings Bhd, have signed an agreement with real estate firm Cititower Sdn Bhd for a 20-year syndicated Islamic term financing of 3.2 billion ringgit ($865.45 million).
Saudi bourse's rules for opening to foreigners expected by end-April
BY Reuters |
02 Apr 15
Saudi Arabia's market regulator will publish the final rules governing the opening of the kingdom's stock exchange to direct foreign investors by the end of April, a senior Saudi banker told Reuters.
Vietnam PM says need for speed in sluggish privatisation drive
BY Reuters |
02 Apr 15
Vietnam needs to quicken the privatisation of state-owned enterprises (SOEs) as well as divestment from non-core businesses to raise capital and boost performance, the country's prime minister said.
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