China Merchants Bank plans to raise about $3 billion through a rights offering by the end of the year, aiming to boost its capital after overpaying for a recent acquisition, investment banking sources said. The issuance would be one of the largest in Hong Kong this year and comes as corporate cap...
The housebuilder Barratt is to offer an unprecedented level of incentives to help people buy homes after conceding it does not have a clue what is going to happen to prices...
China National Petroleum Corp, the parent of PetroChina Co Ltd<601857><0857><PTR>, plans to offer US$14 billion to take over an Argentine unit of Spanish oil company Repsol YPF, source reported.However, Repsol's preference is to list around 24% of the assets of the Argentine unit prior to March, instead of...
Turkish market players report higher offers on PVC k67 coming from Asia this week, following the bullish news from the energy and the Asian PVC markets...
In Egypt, more Middle Eastern offers emerged in the market as a regional producer's PP raffia and injection offers recorded $60/ton increases for December compared to their most recent offer levels reported in November...
As per the latest information SteelOrbis has obtained from the Philippines market, CIS billet offers have recently moved up about $10/mt, with new offers now standing at about $460-465/mt CFR Manila for February/March shipments...
Emirates Coop Society offers Eid discounts
In Egypt, Middle Eastern producers started to announce their new PE offers for December while the new prices indicate increases of $20-30/ton...
Over the past week Turkish players in the PP raffia market have reported a variety of Middle Eastern origins. Offers from the region stand at the lowest level amongst other import offers in the Turkish market...
A Thai producer said that they raised their HDPE offers in the import market this week when compared with their early November offer levels...