Equity News
DBS exits non-core investment in HDFC Bank
The Singapore bank raises $265 million from the sale of shares in the Indian lender as it continues to strengthen and streamline its balance sheet.




M&A Briefing
InBev offloads remaining stake in Tsingtao
One of China's richest men pays $235 million for Anheuser-Busch InBev's final 7% stake in the Chinese brewery.


Business Moves
RBS slows pace of Asia sale
The UK bank benefits from trading profits in the first quarter, but cautions that a sale of its Asia franchise could take longer than originally forecast.




Outlook & Economics
Layoffs or furloughs?
Shedding some light on the layoff versus furlough debate.


Funny Money
The Venetian selected to help promote Indian cinema
Indian superstar Amitabh Bachchan visits Macau to announce that the Indian film industry's leading global awards will be held at The Venetian this year.




People Moves
Asia syndicate head at UBS moves to global role
Sam Kendall will move to London to become head of equity syndicate for EMEA, but will retain his ties to Asia through a new role as global head of blocks.


People Moves
Merrill adds Shiroshita to Japan IB team
Shiroshita moves from Bain Capital to help increase Merrill's coverage in Japan.


Editor's Desk
Dealogic league table roundup, May 8
The equity capital markets raise over $6 billion in two weeks.