Equities

Swire Properties cancels IPO as markets take a beating

The spin-off from Swire Pacific was aiming to raise up to $2.7 billion ahead of a Hong Kong listing, but in light of the sharp drop in equity markets this week, the company says pushing ahead with the deal would be against the interests of shareholders.

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Asia's best managed companies: Malaysia and Thailand

We reveal the results of our annual poll to find Asia's top companies. Today, Malaysia and Thailand.

By FinanceAsia Editors | 23 May 2012

Brosnan quits Morgan Stanley's equity syndicate to join UBS

UBS declines to comment on whether it has hired Damien Brosnan from Morgan Stanley, but confirms that its former head of syndicate, Ross Baildon, resigned from the firm yesterday.

By Anette Jönsson | 23 May 2012

Canada’s Fairfax Financial wins auction for Thomas Cook India

British travel company Thomas Cook accepts $150 million bid from Fairfax Financial for its Indian business.

By Nick Ferguson | 23 May 2012

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