The U.K. has chosen HSBC Holdings Plc to arrange and advise on its debut Islamic bond planned for as early as this year in an effort to become the first non- Muslim nation to sell the debt, a Treasury official said.
Three months of political turmoil in Thailand is starting to benefit neighboring economies, as fund managers pull money from the country, long-term investments are reconsidered and tourists avoid Bangkok.
AirAsia Bhd., the region’s biggest budget airline, is aiming to start flights in India and bring more competition to one of the world’s fastest growing markets. The only thing standing in the way: a law dating back to the 1930s.
Palm oil dropped to the lowest level in almost two weeks on concern that exports from Malaysia, the world’s second-largest producer, may fall on slowing demand for the tropical oil used in everything from food to fuel.
Palm oil fell the most in almost three weeks after data showed that exports from Malaysia, the world’s second-largest producer, were poised for a third monthly decline as global supplies of cooking oils expand.