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Gunvor Singapore Closes Asian RCF Oversubscribed At USD 911.7 Million
Date 27/05/2015
Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor Group"), has signed a USD 911.7 million syndicated revolving credit facility (the "Facility"). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and an accordion feature has been opened to accommodate additional participation.
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TCI Issues Statement On AENA, The Spanish Airports Operator - TCI Warns Against Illegal Actions Of The CNMC, Which May Cause Material Harm To AENA And Damages Investor Confidence In Spanish Capital Markets
Date 27/05/2015
The Children's Investment Fund Management (UK) LLP ("TCI"), a London-based investment firm managing in excess of $10 billion in assets, released the below statement regarding AENA, S.A. (AENA.MC) ("AENA"), the Spanish airports operator. TCI is the second largest shareholder of AENA, with over 7.7%, behind the Spanish government, which owns 51%.
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Shanghai Stock Exchange, China Financial Futures Exchange And Deutsche Börse Agree On Joint Venture
Date 27/05/2015
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse today agreed on a strategic cooperation to launch a joint venture. It has the objective to develop and to market financial instruments based on Chinese underlyings to international investors outside mainland China.
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DGCX’s MoU With Bank Of China Seeks To Increase Interaction Be-tween UAE And Chinese Financial Markets
Date 27/05/2015
The Dubai Gold & Commodities Exchange (DGCX) today announced the signing of a Memorandum of Understanding (MoU) with the Bank of China (BOC). The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
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Thai Bourse Launches Integrated Online Resources, Moving Towards Digital Economy
Date 27/05/2015
The Stock Exchange of Thailand (SET), moving towards a digital economy with an advanced digital exchange, has unveiled integrated online resources via its website (www.set.or.th) as well as new applications for smart phones and tablets to reach more investors.
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Statement By The UK Financial Conduct Authority On Plevin v Paragon Personal Finance Ltd
Date 27/05/2015
In January, the Financial Conduct Authority (FCA) announced that it would be collecting evidence on current trends in complaints on payment protection insurance (PPI).
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MNI India Business Sentiment Indicator: Business Confidence Falls To Pre-Modi Level - Production Lowest Since July 2013
Date 27/05/2015
Sentiment towards the current business environment and expectations for the future are now both back to pre-Modi levels in a blow to the government as it completes its first year in office.
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HKFE Announces Margin Rates For Adjusted CK Hutchison Holdings Futures Contracts
Date 27/05/2015
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 27 May 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the CK Hutchison Holdings Limited futures contracts will be as outlined in the table below
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Westpac MNI China Consumer Confidence Steady In May - Consumers Show Increasing Confidence In Stock Market
Date 27/05/2015
Chinese consumer confidence remained steady in May as a decline in optimism for future business conditions was offset by an improvement in consumers’ willingness to spend.
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HKFE Announces Revised Margins For BOC Hong Kong Futures
Date 27/05/2015
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 28 May 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below
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