Tag: market

The large number of emerging market bonds that are due to mature over the next five quarters raises the prospect of high-profile defaults. New bond issues announced after the US Fed's surprisingly large rate cut last week have sparked hope that Asia's G3 bond markets might soon emerge from the duldrums. China urgently needs to fix its bond markets, argues Standard Chartered Bank's China economist, Stephen Green. Beijing's recent clampdown on the property market is designed to curb speculation in certain cities only. Credit Suisse says equity markets in South Korea and Taiwan are due for an upgrade. Unrated Philippine conglomerate first to test the new year''s high-yield appetite. The Chicago Board of Trade and the Singapore Exchange agree to form a JV to establish a commodities derivatives market. Kookmin achieves tightest ever pricing for a Korean commercial bank. Advance Agro and True Corp hope to overcome the high yield drought. Despite its US ties, the semiconductor firm re-energizes Asian high yield market. AXA Asia Pacific and its Malaysian partner purchase Tahan Insurance for M$121 million. Stepping away from ABS issuance, Hyundai Capital launches new dollar bond. Korean credits return to the forefront of the new issue market, with transactions for KNHC and Kewespo plus a mandate for KDB. Indian bank hopes scarcity value will drive pricing of new international bond deal. Dutch bank launches domestic private banking business in three cities. Korean oil refiner opts to keep new bond at $300 million as soft market continues. Koreans have finally got bullish about their equity market Suprnational embraces Panda market. Taiwanese foundry manufacturer brings first own name CB in four years. A view of the latest trends impacting financial institutions and what they mean for banks in Asia.