Equity News
Commerzbank divests KEB block
A $726 million deal sets the tone for Lone Star's planned exit

IPO Report
Asia's first Pan-Asian Reit nears launch
Singapore-listed Reit hopes to tempt investors with above average yield.

Business Moves
Merrill expands prime broking beyond equities
Melvyn Ford adds futures and fixed income to his prime broking fiefdom, while Ron Savino joins as COO.

Alternative Investments
Morgan Stanley moves in with Bangalore developer
Meet the neighbours: Morgan Stanley breaks new ground by buying into an Indian property developer.

Alternative Investments
Axa Private Equity flexes its muscles
New Singapore office allocates $550 million for investment in a portfolio of Asian private equity deals.

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.