Shearman lawyer named US ambassador

From May 1, Cindy Lo will become regional managing partner and Roger Lui will become senior partner, both for Greater China.

The dual-tranche issuance is the first Singapore dollar bond from a Vietnamese issuer and will support lending to local MSMEs.

As Japan M&A deals increase, Rintaro Hirano is joining the international law firm at the end of April from Nagashima, Ohno & Tsunematsu.

The US pharmaceutical giant will pay $650m upfront to support 12 cancer medicine programmes with HKEX-listed Innovent; the collaboration includes co-commercialisation rights in the US and Europe.

Temasek's Seviora and Nuveen's Churchill have closed a $400 million cross-border CFO, splitting exposure evenly between Asian private credit and US junior capital and secondaries strategies.

There were several multi-billion dollar deals agreed between the two nations at the Beijing summit, however, while the establishment of boards of trade and investment could help, some are sceptical, with Chinese FDI into the US at historically low levels.