Australia nixes SGX bid

This week the Australian Treasury did what most in the market had seen as inevitable for months: it nixed the Singapore Exchange’s bid for its Australian counterpart, the ASX.

Equity: Hutch puts its trust in Singapore

Hutchison Ports Holdings chose Singapore for a record-breaking IPO because SGX’s business trust structure assures the Hutch listing, HPH Trust, of continuing control by its existing owners.

Investors play on as Vietnam founders

After the default of one of its biggest state-owned companies in December, the country’s latest round of problems began: ratings downgrades, rising inflation and an 8.5% devaluation.