Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a $4.2 billion bid for American International Group Inc.’s aircraft- leasing unit, three people with knowledge of the matter said.
A gauge of expected fluctuations in Taiwan’s dollar touched a nine-month low on speculation the central bank will curb gains in the currency as the economy grows at the slowest pace in a year. Government bonds fell.
Yue Xiu Group, a trading arm of China’s Guangzhou city government, is obtaining a $1 billion short-term loan to finance its potential bid for part of Chong Hing Bank Ltd., three people familiar with the matter said.
Taiwanese lenders led by Bank of Taiwan are taking their highest share of syndicated loans in Asia since 2010 as they expand outside the island’s saturated market to escape the worst margins in Asia-Pacific.