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India leads Asia-Pacific wage increases

India leads Asia-Pacific wage increases SINGAPORE, Nov. 26 (UPI) -- India reports the highest average salary increase at 13.9 percent and information technology workers received the highest increase at 17.9 percent. The annual Asia-Pacific Salary Increase Survey, conducted by Hewitt Associates, polled more than 1,500 foreign firms in Australia, China, Hong Kong, India, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand, reported Xinhua, China's main government-run news agency. The average overall salary increase ranged from 3.4 percent to 4.3 percent surveyed for 2005, and from 4 percent to 4.3 percent for 2006. The Philippines recorded an average overall salary

Brazil’s Globo To Mkt $250M Bond In Asia From Monday

Brazil's Globo To Mkt $250M Bond In Asia From Monday Brazilian media group Globo Comunicacao e Participacoes (GLP.YY) is set to market a US$250 million perpetual bond from April 3 in Asia, a person familiar with the deal said Thursday. Roadshows for the deal, callable after three years, will kick off in Hong Kong April 3, then move to Singapore April 4, Zurich April 5 and Lisbon April 6, the person said. The bond offering is being lead managed by Deutsche Bank AG and Goldman Sachs and is one of a stream of perpetual bond deals targeted at Asian investors. More:

India 7th active acquirer in Asia

India 7th active acquirer in Asia NEW DELHI: India is the fifth most targeted nation and the seventh most active acquirer in Asia in 2005 and has witnessed a 52 per cent rise in the number of merger and acquisition deals over 2004, financial analyst KPMG said. "India's contribution to the global M&A activity was about one per cent by deal value - 394 deals valued at $10 billion - witnessing a 52 per cent rise in the number of deals over the last year," KPMG said in its latest analysis. KPMG said the activity in India clearly contributed to the

Deutsche Bank named largest foreign exchange house in Asia and globally for the second year running

Deutsche Bank named largest foreign exchange house in Asia and globally for the second year running Deutsche Bank has reinforced its position as the largest foreign exchange trading bank in Asia, and globally, according to a major global market share survey undertaken by respected capital markets magazine, Euromoney. The Euromoney 2006 survey gathered information from 6,322 wholesale foreign exchange clients globally, including corporate treasurers and fund managers. According to the results, Deutsche Bank is the pre-eminent foreign exchange trading house in Asia with 18.22% market share. UBS finished in second place in Asia while Goldman Sachs was in third place.

HK Bk Of E Asia Sells Upsized $500M Bond For Refinancing

HK Bk Of E Asia Sells Upsized $500M Bond For Refinancing The Bank of East Asia Friday raised a larger-than-anticipated $500 million from what will be one of the last international high-grade bonds in Asia this year. The borrower, Hong Kong's largest domestically owned bank, sold the subordinated bonds at a price of 99.725 to yield 72basis points over mid-swaps. That was in line with revised guidance of 70-75 basis points over five-year mid swaps, or around 122-127 basis points over U.S. government debt. The borrower originally planned to raise $400 million at a premium of around 65 basis points