The buoyancy in the sector is being driven by multiple factors, including regulatory shifts, policy support, and debt capital market activity in the city.

Citi Commercial Bank in India has appointed Kannan as head of digital, technology, communication, business & professional services and industrials; he will join in December and has worked at JP Morgan for over 15 years.

Private equity firm TPG is selling the luxury cosmetics packaging firm after purchasing it in July 2023 for around $230m.

Canadian giant Alimentation Couche-Tard, which owns Circle K, has dropped its $46bn takeover bid for Seven & i Holdings, the owner of 7-Eleven.

The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".

Thakker has been Citi's head of capital management for Japan, Asia North and Australia and Asia South; he will relocate from Hong Kong to Singapore.

The HKEX listed exchange benefitted from surging crypto prices, and is looking at overseas markets and payment expansion.

The Japanese parent company of 7-Eleven, under bid from a Canadian rival, has said it will replace its chief executive officer, spin off its US business and has agreed to sell its superstore business to Bain Capital.

K. Balasubramanian, Asia South head of corporate banking, has been appointed India subcontinent sub-cluster & banking head and India Citi country officer & banking head designate, to replace Khullar's current role.

The investment in the surgical robotics firm was led by EQT and included Hong Kong's Innovation and Technology Venture Fund.