Citic to shift assets to HK in $36bn deal

Citic to shift assets to HK in $36bn deal

Hong Kong-listed Citic Pacific to buy Citic Ltd from its parent Citic Group for $36 billion.
FWD Group’s newly appointed CEO Huynh Thanh Phong talks to FinanceAsia about how he is turning entrepreneur Richard Li’s vision of a pan-Asian insurer into a reality
Kunardy D Lie has moved from Citi to the German bank as country head, while Gioshia Ralie replaces him at the US bank in an internal move.
The 26-year veteran will be responsible for a region that produced nearly a quarter of the bank’s total income in 2013.
Independent oil and gas company MIE and Indonesian textile maker Sritex tap high-yield investors looking to diversify away from the Chinese property sector.
Banks and financial institutions from around the region are invited to pitch for our Country Awards for Achievements 2014.


What should be the priority for the next Indian government?

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Cutting the fiscal deficit
Cutting red tape and making the labour market more flexible
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