Capital markets news | Wed 18 Sep 2024
Equity and property markets
- TopVision gets Bursa approval for ACE Market transfer Edge
- Perak Corp gets extension until Feb 2025 for regularisation plan Edge
- Foreign investors net bought RM217.6m equities last week Edge Mail NST Star
- DBS posts 300% growth in semi-liquid fund sales in Greater China Edge
- Chinese appliance maker Midea debuts in Hong Kong up 9% Mail Star
- Surge in inflows to defensive sector funds on slowdown fears NST
Debt and money markets
Mergers and acquisitions
- Malaysia’s top mall operators expand with M&As, new builds NST
- CapitaLand in talks to acquire stake in Fosun’s Club Med Edge Star
- BYD takes control of Mercedes venture in China Star
- Japan minister says 7-Eleven’s security rating won’t affect buyout Star
- Hedge fund Regal makes offer for Sydney-based rival Edge
- Central Pacific nears deal to buy Hawaiian bank Star
- UK’s Guardian in talks to sell Observer newspaper to Tortoise Media Edge
- Deutsche Bank mulls stopping UniCredit from buying Commerzbank Edge
Projects and business
- Supermax to begin glove production in US by Jan 2025 Edge NST Star
- Uzma, ReOrbit provide satellite services in Malaysia Edge Star
- Intel will delay ops of new facility being built in Penang Edge Mail NST
- Heitech Padu could win NIISE project Edge NST
- Lenovo to make AI servers in India as nation’s tech push deepens Edge
- Intel to make custom AI chip for Amazon Edge NST Star
- AMD wins Sony’s PlayStation 6 chip contract Mail
Economy and market news
- Bursa Carbon Exchange trades renewable energy certificates NST
- Malaysia achieves 43% of SDG indicators, above 17% world average Star
- Malaysia keeps Oct crude palm oil export duty at 8% Star
- Singapore’s Aug exports up 10.7%, lower than forecast NST
- Indonesia records USD2.89b trade surplus on export recovery Star
- Japan continues to assess impact of stronger yen Star
- India to add 30GW solar, 5GW wind energy to grid Star
- US ups tariff for Chinese-made gloves to 100% by 2026 Edge Mail NST Star
- US allies struggle to break China’s dominance of rare earths Edge
- White House adviser Brainard says US inflation is at turning point Star
- Canada’s new oil pipeline tilts flows to Asia, away from US Gulf Edge
- UK’s oil and gas industry reaches emissions goal early Star
- BNP Paribas says euro could rise if recession hits Edge
- Bosch chief sees stagnating growth in car markets worldwide Edge
- As COP29 looms, rich and poor nations clash over climate finance Mail
Legal and policies
- Sinochem oil refineries declared bankrupt as margins plunge Edge
- Hong Kong warns US companies will suffer if trade offices shut Edge Star
- Hong Kong considers rules for AI use in finance Edge Star
- Japan, US near deal to curb chip technology exports to China Mail
- Indian police detain striking Samsung workers Edge
- Tupperware poised for bankruptcy after USD700m debt dispute Mail Star
- Russia’s RusChemAlliance sues 5 banks over aborted gas project Edge
