The proceeds from institutional investors will be primarily used to support the Luang Prabang Hydroelectric Power Project in Laos.

Xuanyi Liu has joined the global law firm as a partner this month from Gibson, Dunn & Crutcher.

The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.

Amid volatility, dollar weakness, and high government debt, the global fixed income market is poised for a bumpy reset with more instruments in Asia to benefit, according to Andrew Jackson, head of investments and head of fixed income boutique, at Vontobel.

The financing will help Manipal Education and Medical Group with its corporate expansion; India is a "priority" market for KKR's credit strategy.

Zhang Wenjie will return to the bank as Citi’s country officer and banking head for China in July.

The South Asian nation has agreed a more flexible exchange rate to help unlock $1.3bn of funds.

The strategy, known as the Libra Hybrid Capital Fund, is backed by Asian sovereign wealth funds, and is aiming to help firms develop their technology and automation capabilities.

China and the US will start high level trade talks on May 9 in Switzerland.

An April review by the IMF ended without an agreement, with June the next opportunity to meet the IMF's conditions and release two tranches of loans.