Equity News
Powerchip breaks six-week drought for Asian convertibles
The DRAM manufacturer makes use of positive sector momentum to raise $303 million in a combined GDS offering. The CB is attractively priced, with bankers terming it a "no brainer".




In Debt
Hang Seng strengthens its capital base via FRN
HSBC helps Hang Seng price a new lower-tier 2 offering in line with price guidance.


Awards
2006 Country Awards for Achievement: Day 2
We are pleased to announce the winners of our 2005 Country Awards for Achievement. Today we announce the winners of the Best Investment Bank category.






Alternative Investments
India opens doors to real estate funds
SEBI approves guidelines for close-ended real estate mutual funds. Also provides boost to private equity investors.



Outlook & Economics
Pandemonium again for Pakistan’s privatisation programme
Pakistan's Supreme Court stops the privatisation of Pakistan Steel Mills raising questions on whether strategic investors will remain interested in the country's privatisation programme going forward.





Securities Services
Why Bank of New York likes transition
Alex Johnstone, managing director, head of EMEA and Asia-Pacific, BNY Global Transition Management, explains the global trends and its Asia business.



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.