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HONG KONG: Bank of China Ltd is set to offer the first perpetual bonds from a Chinese lender today, a landmark deal that will pave the way for similar fund-raising from financial institutions.
Breakfast briefing: Thursday, November 16
SEOUL: Samsung BioLogics Co Ltd, a contract manufacturer of biotech drugs for global pharmaceutical firms, said on Tuesday its initial public offering is expected to raise as much as US$2 billion in what is set to be South Korea's third-largest IPO.
LAGOS: Nigeria is considering a sale of Chinese Panda bonds to help fund a record budget aimed at reviving Africa's biggest economy as it suffers a slump in global oil prices, the finance minister said on Saturday.
PETALING JAYA: 1Malaysia Development Bhd (1MDB) has clarified that China Railway Group Ltd’s revised figure of RM5.28bil for the controlling stake in Bandar Malaysia was in reference to the estimated share of the land’s net equity value.
NEW YORK: A top New York Stock Exchange executive on Friday said on CNBC that "hundreds of thousands of orders" for shares of Alibaba Group Holdings Ltd. had been placed ahead of the stock's trading debut, expected later in the morning.