Korea Land a Housing Corp. and China Petrochemical Corp.

China Petrochemical Corp.: The regions exchange rates will weaken in the remainder of this year, with the exception of China s yuan and Taiwan s dollar, surveys of analysts show. Dollar returns on securities priced in the U.S. currency were 3.7 percent this year as of April 17, more than the 3.1 percent for domestic notes, Holdings Plc indexes show, according to Bloomberg. Asian securities issued overseas beat local counterparts in the last three quarters as a U.S. move to cut record monetary stimulus prompted a selloff in emerging-market currencies. China Petrochemical Corp. raised $5.3 billion this month in Asias biggest greenback-denominated offering in a decade, while Korea Land a Housing Corp. and Woori Bank Co. are planning issuances as borrowers take advantage of rising demand and Asian dollar bonds are expected to perform better than local debt for a fourth year as a recovering U.S. economy boosts the greenback against emerging-market currencies, Manulife Asset Management says. We re overweight U.S. dollar-denominated bonds relative to local-currency bonds because we think theres better opportunity in 2014, Neal Capecci, Hong Kong-based senior director for fixed income, said in a phone interview on April 14. As the U.S. economy continues to show improvement, we think that could be dollar-positive, resulting in broad dollar strength relative to Asian currencies. (news.financializer.com). As reported in the news.

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