Capital markets news | Fri 17 May 2024
Equity
- Smart Asia Chemical ACE Market IPO oversubscribed 33.8 times Edge Star
- SC sees Islamic wealth management industry set to evolve NST Star
- More global companies turning to IPOs to help cut debt Edge
- UK’s Hunt gathers executives to pitch for more London listings Edge
- Norway’s wealth fund blacklists Adani Ports citing ties to war Edge
Projects and business
- Pertama in talks to continue operating online bail system e-Jamin Edge Star
- Pansar secures RM30m Kuching museum building management contract Edge Star
- Seremban Engineering clinches RM40m contract in Shah Alam Edge Star
- UEM Sunrise to develop 40-acre Johor renewable energy park Edge Mail Star
- Petronas discovers oil and gas at Suriname’s offshore Block 52 Edge NST Star
- No impact on PNB, EPF, KWAP from Osram’s aborted RM2b Kedah project NST
- Honda doubles EV investment to USD65b through 2030 Edge Mail
- China’s biggest LNG buyer expands tanker fleet for global heft Edge
- Disney, Fox, Warner to launch sports-streaming Venu Sports Mail
- India’s Zoho to invest USD700m in chipmaking Mail
- Esprit files for bankruptcy of European businesses Mail
- Vale Indonesia gets nickel mining permit extension Star
Economy and market news
- Kawan Food warns global economy showing signs of recession Edge
- Malaysian Cocoa Board targets 10k ha cocoa plantations in 5 years Mail
- Short-term interbank rates end stable on BNM operations Mail
- Malaysia’s inflation was 2.5% in 2023 Mail Star
- UOB sees BNM holding monetary policy NST
- US efforts to reshape global supply chains gather pace in Asia Edge
- Copper short squeeze in New York is rocking metals markets Edge
- Asia Pacific passenger traffic rebounds in past 12 months Mail
- China’s swap old house for new campaign off to a poor start Mail
- Japan’s economy shrunk 2% in 1Q, complicating rate hike plans Mail Star
- RBA warns no quick fix to Australia’s housing shortage Star
- South Korea think tank raises forecasts for GDP, inflation Star
- Indonesia’s PLN sees gas demand doubling by 2040 Star
- Trafigura says aluminium rally is overdone as supply returns Star
- China government plans to buy unsold homes Star
Legal and policies
- Govt studying need for carbon emission-related laws Edge
- BNM conducting review of financial intermediary industry Edge
- Govt to present carbon framework next week in parliament Edge
- High Court allows OCBC to wind up Sarawak Cable subsidiaries Edge
- Court of appeal upholds ruling against RM1.8b taxes on TNB Edge Star
- Malaysia strengthening anti-money laundering laws Edge
- UK charges 9 in crackdown on forex schemes Edge
- Biden seeks to bolster solar manufacturers with tax and trade moves Edge
- US, Europe claims of Chinese overcapacity are trade protectionism Mail
