Capital markets news | Wed 17 Apr 2024
Equity
- M&A Securities underwrites KTI Landmark’s ACE Market IPO Edge NST Star
- Carlo Rino files draft prospectus for listing transfer to ACE Market Edge
- Bursa works with UK’s Mobilist to address UN SDGs funding gap Edge Star
- Bain proposes Japan’s Kioxia IPO to clear USD5.8b loan refinance Edge
- Microsoft-backed Rubrik targets USD5.4b valuation in US IPO Edge
- Superdry to quit LSE in restructuring to turn it around Edge
- Microsoft invests USD1.5b in UAE’s G42, will get board seat Edge
- VN-Index plunges, loses USD10b in market cap Star
Debt
- More positive rating actions in RAM’s portfolio in 2023 RAM Star
- Short-term interbank rates close steady on BNM operations Mail
- Paramount’s high-grade bondholders confront junk-status scenarios Edge
- Bank Indonesia steps in to support weaker rupiah Star
- Asian bonds see first monthly outflow in 5 on easing US rate-cut hopes Star
Projects and business
- Multi-tiered automated rapid transit system planned for Johor Bahru Edge
- Jentayu aims to sign PPA by mid-year Star
- Intel to launch two AI chips for China with reduced capabilities Edge
- GuocoLand awarded SGD779.5m tender for Upper Thomson land parcel Edge
- HSBC slashes a dozen investment bankers in Asia on deals slump Edge
- Chile’s Codelco explores new partnerships Star
Economy and market news
- CPO price to taper off once seasonal production recovers NST Mail Star
- AI boom needs nuclear, Constellation Energy CEO says Edge
- El-Erian says world ‘frozen’ by strong dollar, high US rates Edge
- Singapore SMEs remain contractionary for 5th consecutive quarter Edge
- US Fed should not act urgently to cut rates unless required Edge
- ECB is not dependent on US Fed on rate cuts Mail
- IMF warns financial risks linger amid soft landing Mail
- China urges FIs to boost credit for advanced manufacturing Mail
- UK unemployment rises as wage growth eases Mail
- China posts forecast-beating 5.3% growth in 1Q Mail
- Thai government agencies to study legalisation of casinos Star