Equity News
TM International sets rights issue price
The Malaysian mobile phone operator prices its five-for-four offering at a 31.7% discount to the theoretical ex-rights price.




Equity News
Shinsei raises $508 million through preferred shares
The troubled bank increases its core capital ratio by a scant 0.5% following the issue. Interest payments on the new shares will weigh on earnings.


Outlook & Economics
Stiglitz anticipates new world order
Professor Joseph Stiglitz opens the Credit Suisse conference by warning that the world can no longer rely on the US consumer, cautioning against weak policy responses and signalling a decline of the US dollar.




Structured Products
Save the earth and invest with us
That was the message to investors from Royal Bank of Scotland during a media briefing yesterday featuring WWF's Earth Hour that segued into a promotion for RBS's green investing opportunities.


People Moves
Alternative fund manager FourWinds expands in Asia
The eco-focused investment firm strengthens its Hong Kong investor relations team.




People Moves
UBS oil economist skips to Macquarie
Jan Stuart leaves the Swiss bank to join Macquarie as global oil economist.