UNITED Overseas Bank (UOB) has successfully priced the first Panda bond from Singapore, which is also only the second issued from a South-east Asian financial institution.

UNITED Overseas Bank (UOB) has successfully priced the first Panda bond from Singapore, which is also only the second issued from a South-east Asian financial institution.

TWO large Chinese borrowers - one that's already defaulted, and one that's under pressure after missing payment deadlines in the past two weeks - underscore the risks piling up in a...