Equity News
KEB offloads 5.2% in Hyundai Engineering ahead of majority stake sale
Deal priced at 5% discount, but share price plunges 7.6% as investors worry about more sales to come.




Private Banking
UBS still top private bank, says Scorpio
Citigroup and Merrill Lynch also break $1 trillion, says the London-based consultancy.


In Debt
MunichHypo to bolster Asian buying of new jumbo Pfandbriefe
With Asia's investors seeking safer assets - in an increasingly volatile global market - European covered bonds could be the beneficiary of the emerging markets' misfortune.





Pensions & Insurance
No offshore investing for Indian pensions
Regulator will not relax rules on offshore investment, but predicts Indian insurance market will hit $90 billion by 2025 under new pensions law .


Alternative Investments
Deutsche creates note based on QAM hedge fund
The euro-denominated certificate will replicate the performance of QAM’s global quant fund.





Spending it
Finding value amid surging Bordeaux prices
An update on the En Primeur 2005 Bordeaux sales by Berry Brothers.



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.