Credit
UBS appoints former Credit Suisse executive as new China head
UBS has appointed former Credit Suisse executive Janice Hu to replace Eugene Qian as head of its business in China, the Swiss bank said on Thursday (Aug 29).Qian has...
China’s credit market sees first floating rate bond since 2020
CHINA’S credit market got its first floating-rate corporate bond in more than four years, offering investors an option to hedge against rising rates after yields saw their biggest monthly...
Temasek’s SeaTown raises over US$1.3 billion for private credit fund
The fund targets a net return in the mid-teens, along with a double-digit distribution yield to investorsSEATOWN Holdings, an investment manager indirectly owned by Temasek, has announced the final...
Private credit loses ground in fight for family office money
IT IS the hottest trade on Wall Street. Everywhere you turn, money managers have upped their investments in private credit, helping the asset class balloon into a US$1.7 trillion...
Budget carrier AirAsia gets US$443 million private credit funding
BUDGET carrier AirAsia Bhd has secured a US$443 million dual-tranche private financing to use partly for refurbishing planes grounded during the pandemic, according to sources familiar with the matter.Private...
Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser
REPUBLICAN presidential candidate Donald Trump said on Monday (Aug 19) that if elected he would consider ending a US$7,500 tax credit for electric vehicle (EV) purchases and that he...
Millennium opens Singapore office as Asia credit trading soars
MILLENNIUM Advisors has expanded its trading and sales operations into Asia to take advantage of surging demand for electronic trading and US dollar bonds in the region.The US-based trading...
UBS puts 1.88 billion francs Credit Suisse real estate fund into liquidation
UBS has put a real estate fund of its former competitor Credit Suisse worth over US$2 billion into an “orderly liquidation” as at Thursday (Aug 15), the Swiss bank...
