Business Moves
Why is Deutsche Bank in court?
German bank in the dock as years of legal wrangling about the ownership of Indonesia’s Adaro coalmines finally makes it to the High Court of Singapore.

Alternative Investments
Indian real estate fund raises $100 million
Kotak plans a diverse strategy for investing its private equity property fund.

Securities Services
Citi launches custody and clearing in Vietnam
Bank believes the country’s capital markets are now sufficiently developed to support a securities service business.

Mutual Funds & Markets
Reuters readies enterprise-annuity index for China
The data provider worked with Stirling Finance in Hong Kong to drum up ways to support mainland fund managers.

Outlook & Economics
Flat budget gives further fizz to India’s stock market
India’s stock markets scale new high of 10,370 on increased liquidity post 2006-07 Budget announcements.

Securities Services
Citi rolls out HK exchange clearing service
Move follows recent legislation allowing Hong Kong exchange members to outsource clearing and custody.

Business Moves
Calyon restructures Asian capital markets division
Jacques Beyssade to head up new capital markets division.

People Moves
Mallesons unveils Valentine
New partner to bolster its Greater China M&A practice.

People Moves
Leiman named new Noble Group COO
Joins Hong Kong office from Louis Dreyfus in London.

Standard & Poor's Daily Ratings Direct Asia-Pacific Highlights
Welcome to Standard & Poor's daily summary of credit research of interest to investors in Asia-Pacific.