IPO Report
Deccan Aviation prices IPO above bottom of reduced price range
Indian low cost airline raises $79.4 million and sees quality of investors improving after three extra days of bookbuilding.




People Moves
JPMorgan hires Merrill banker as co-head of ECM
Kester Ng to replace Rupert Fane who will move to London for a new role as head of syndicate for Europe and Asia.


In Debt
Dah Sing sells sub-bond in quiet week for debt
HSBC takes Dah Sing's third sub-debt in two years out to the market and prices it in line with guidance.





Outlook & Economics
Another good reason not to be an American
Get your pens and papers out, write a letter to the US Congress and fax it - complaining about the reduction in housing exclusions on US citizens living abroad.


Alternative Investments
FrontPoint launches Greater China hedge fund
The Hong Kong-based fund will complement the platform’s existing Asia-Pacific and Japan funds.


People Moves
Lehman hires Khoo to boost research coverage
Investment bank poaches UBS oil and gas analyst.


People Moves
JFAM makes key hires
Shumin Huang and Emerson Yip enter the fold in the Greater China team.


Editor's Desk
League table round up May 26
Goldman retains top position in ECM league table after Bank of China IPO, but second place changes hands.



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.