The proportion of loans to total debt arranged in the Asia-Pacific region outside Japan shrank to 66 per cent last year, the least since 2009, according to data compiled by Bloomberg.Friday, 1 February, 2013, 5:22am
Dim sum bonds were transformed into the best local-currency company notes in Asia this year from the worst in 2011, and are among the top picks of Western Asset Management as China's economy rebounds.28 Dec 2012 - 4:14am
Europe's corporate bond market risks becoming a victim of its own success in the year ahead as reduced issuance by cash-rich treasurers offers slim pickings for investors accustomed to the double-digit returns this year.21 Dec 2012 - 3:46am
Sony and Panasonic, the Japanese electronics makers reeling from record losses, have had their long-term credit ratings downgraded to junk by Fitch Ratings, citing a weak recovery in the television market.
Sony's rating was cut by three levels to BB-, three steps below investment grade, with a negative outlook, Fitch said yesterday.23 Nov 2012 - 2:21am
Nikko Asset Management (Asia), the biggest asset manager based in the region, is making junk dollar bonds of Chinese developers its top pick for 2013 even after their biggest gain in three years.14 Nov 2012 - 2:58am
Corporate bond issuance in Asia ex-Japan last week passed US$100 billion for the year as companies continue to rely on the inexpensive financing channel for expansion and risk-averse investors favour more reliable returns in the face of lacklustre stock market performances.1 Oct 2012 - 4:15am
In a diversified portfolio, bonds are often seen as the 'unexciting' part - long-term holdings giving moderate returns. But with savings rates near zero and warnings coming from every side about the prospects for property, stocks and currencies, investors are seeing bonds in a new light.28 Nov 2011 - 12:00am
The sovereign debt crisis in Greece seems to have turned a corner with the announcement of another European Union bailout, albeit one that involves potentially steep losses for bond investors.
The question for the expert panel this week:
How would the resolution of the euro-zone sovereign debt crisis affect regional bond markets?1 Aug 2011 - 12:00am
A whole new class of Hong Kong retail debt investors is about to come into being as the government allocates its first retail bond. The creation of this inflation-linked bond, or iBond, has generated considerable interest despite the fact that bonds have consistently underperformed other assets. While it remains easy to be underwhelmed by the performance of bonds, they have their adherents.25 Jul 2011 - 12:00am
Yield-hungry Asian investors, with a voracious appetite for bonds fuelled by record issuances by companies showing promising balance sheets, have helped push Asian high-yield bonds to a new level. A surge in so-called dim sum bonds, or yuan-denominated bonds offered in Hong Kong, is also driving growth.9 May 2011 - 12:00am
Rating agency Standard & Poor's said it had placed a BB- long-term corporate rating on Lumena Resources' unsecured corporate bond. It might cut the rating by one notch if its proposed US$1.5 billion takeover of Sino Polymer New Materials weakened the combined entity financially.13 Nov 2010 - 12:00am
Wing Hang Bank, a family-owned mid-tier lender, plans to raise as much as US$300 million from a bond sale early next month, market sources said.21 Aug 2008 - 12:00am
Appreciating local currency bonds are starting to attract interest by investors hoping to diversify
Emerging markets are a top choice for investors who wish to diversify their assets, but foreign investors remain underinvested in emerging market bonds compared to equities, said Hong Kong-based Joel Kim, head of Asian debt at ING Investment Management.30 Mar 2008 - 12:00am
Buying euphoria over the China Asset Management bond fund released last week captured a major sea change in sentiment on the mainland as investors exited slumping stock markets for the safe haven of fixed-income products.10 Mar 2008 - 12:00am
Mainland mechanical engineering firm Sany Heavy Industry plans to raise 500 million yuan from its first domestic bond sale to fund production projects.
The 10-year bonds carry a fixed rate of 5.2 per cent or 175 basis points over the one-year Shanghai interbank offered rate, which stood at 3.45 per cent at the time of pricing.5 Jul 2007 - 12:00am