UK Department of International Trade hires former Asia-based banker Mark Slaughter to entice investors. He'll help Britain with the challenges of being a small player on the world stage.
The Hong Kong infrastructure company makes a mess of its top-up placement by announcing an acquisition mid-deal. But after some initial confusion, investors view the purchase of a UK gas distributor as positive.
At its heart, HKEx’s successful bid for the London Metal Exchange (LME) demonstrates Asia’s ability to take long-term strategic positions, while the West scrabbles around for short-term infusions of cash.