Roberto Abraham Scaruffi

Thursday 13 January, 2011   HEADLINES Hongkong Electric returns with quick tap, Texhong Textile prices AIG in second deal to sell Nan Shan China fails to print enough renminbi, central bank says The cost of flooding in Queensland RBS appoints Menon to head Singapore business Top Story Hongkong Electric returns with quick tap, Texhong Textile prices Hongkong Electric returns with a quick $250 million tap on its December 2020 bonds, while Texhong Textile prices a debut $200 million bond. Hyundai Capital and West China Cement line up. By Denise Wee | 13 January 2011 AIG in second deal to sell Nan Shan AIG strikes a deal to sell its Taiwanese life insurance business Nan Shan to an investment company controlled by Taiwanese conglomerate Ruentex for $2.16 billion. By Sameera Anand | 13 January 2011 China fails to print enough renminbi, central bank says The People's Bank of China has increased renminbi circulation by 80% in the past five years, but demand for wallet-ready bills grew by 20% each year, the bank said. By Lillian Liu | 13 January 2011 The cost of flooding in Queensland Stripping one percentage point from Australia's GDP might be a conservative estimate for the cost of the floods in Queensland. By Lara Wozniak | 13 January 2011 RBS appoints Menon to head Singapore business Madan Menon fills his plate with additional responsibilities as he becomes Singapore country head for the Royal Bank of Scotland. By Rupert Walker | 13 January 2011 more » MORE HEADLINES Sinochem (HK) closes inaugural offshore renminbi bond How books on the subprime crisis stack up UBS sets up family services unit for UHNW clients The rise of the super regionals Trinity raises $96 million from top-up placement High-yield issuers stampede Asian bond market more »