swap

New heads in Japan, Asia and Australia.

A spate of Kangaroo issuance hasn''t provided any pricing relief to borrowers that want to go offshore. But the wide basis swap won''t hinder issuance, says Cynthia Whelan.

Fun and games at banks as Raj Shourie and Don Tang swap jobs.

There were some musical chairs in Salomon and Deutsche''s equity departments this week.

Sohu.com has agreed to buy ChinaRen.com, a community web site for $30.8 million in stock as it seeks to beef up its interactive services.

Singapore has entered into the OIS market, one of the few Asian nations to offer this hedging tool.

Renong hopes to swap its Commerce Asset shares for bonds issued by an associate. Earlier plans to sell the shares were shelved owing to weak demand.