IPO Report
Silver Base tests market for $100 million IPO
Hong Kong and mainland Chinese investors have already shown interest in the liquor distributor.




Equity News
ProMOS tender nearly there; deadline extended again
Soft indications of support for the bond buyback suggest the acceptance rate will be above the 79% needed for the deal to succeed, but analysts warn of more troubles ahead.


View Point
Why a tax on bonuses is stupid and dangerous
Whipping up moral outrage isn't a solution, it simply panders to the lowest common denominator.




Business Moves
Severance packages take a dive
When it comes to severance packages, it pays to be laid off early in the retrenchment cycle.


People Moves
Newedge expands in Asia despite gloom
The French broker fills two senior positions as it diversifies into new products.




People Moves
Ernst & Young builds restructuring team
David Chew returns to the law firm from Morgan Stanley to work in its restructuring group.