Capital markets news | Fri 20 Sep 2024
Equity and property markets
- Solar District Cooling up 33% in ACE Market debut Edge NST Star
- Auto parts maker KHPT to raise RM29m in ACE Market IPO Edge NST Star
- Eplas Global launches listing prospectus Star
- Government policies boost Malaysian REITs in tough market NST
- US Fed’s rate cut to unleash funds into Malaysian assets Edge
- Vietnam removes pre-funding rule for foreign stock investors Edge
- India overtakes China in MSCI indices Edge NST
- Tokyo’s extended trading hours could stoke volatility Edge
- Blockchain firm Blockdaemon weighs 2026 listing Edge
- Family offices shifting cash towards risk assets Star
Debt and money markets
- Boost Bank to launch SME financing in early Oct NST Star
- France’s Proparco gives Vietnam’s HDBank USD50m credit facility Mail
- HSBC, other banks cut key Hong Kong rates Edge
- Credit risk gauge eases as Fed cuts for 1st time in 4 years Star
- German battery maker Varta’s tweaked plan wins over lenders Star
Mergers and acquisitions
- Ancom Nylex buys 70% of chemical maker Colorex for RM14m Edge Mail Star
- Singapore’s Princeton Digital buys land to serve AI demand Edge Mail
- Norway’s Scatec sells 39MW wind plant in Vietnam for USD40m Star
- Korea Zinc shares surge on speculation MBK to sweeten offer Edge
- Intel has no plans to divest majority stake in Mobileye Edge
- Oracle-backed chipmaker Ampere explores potential sale Edge
- German media empire Axel Springer to split in deal with KKR Edge
- UniCredit won’t go hostile on Commerzbank Edge
Projects and business
- Air Selangor looking into AI solutions to manage water pollution Edge
- Oiltek gets RM19.5m Malaysia, Central America, Africa contracts Edge
- Alibaba releases new open-source models, text-to-video Edge
- Blackstone sees Asia as growth engine, has scale in India Edge
- Big French project sunk by fears of sea level rise Star
Economy and market news
- Over 1m MSMEs in 2022, RM1.3t gross output Edge
- Malaysia’s air passenger traffic up 12.7% NST Star
- Malaysia not dependent on foreign investments Edge
- US Fed rate to support sustained Malaysian export recovery Edge
- External trade continues uptrend Star
- New vehicle sales in Malaysia down 2.3% in Aug Edge Star
- BNM unlikely to follow US Fed rate cut Star
- Top banks, tycoons in race for Thai virtual banking permits Edge
- Indonesian central bank announces surprise 0.25% rate cut Mail
- Australia’s jobs race ahead in blow to calls for early rate cut Star
- New Zealand economy contracts 0.2% in 2Q Star
- US heads for another potential government shutdown Star
- Fed sees higher terminal rate, reached sooner Star
- Big banks are split on how fast the Fed will cut interest rates Edge
- Cautious Bank of England holds rates, extends bond reduction plan Edge
- Europe’s plunging EV sales prompt carmakers to seek EU relief Edge
- Bridgewater’s Dalio, Singapore’s GIC chief cautious on global outlook NST
- Global solar installations on track for record 593GW Star
Legal and policies
- Taking stock of indirect taxes Star
- SC charges ex-investment banker with CMSA offences NST Star
- Pharmaniaga eyes Bursa approval for regularisation plan by Oct Edge
- Country Heights to ask contractor to withdraw legal action Edge
- Vietnamese tycoon faces 2nd fraud trial after death sentence Edge
- China’s failing US lobby playbook puts tech companies at risk Edge
- Samsung sues Indian labour union over strike as dispute escalates Edge
- India top court rejects telcos’ plea on dues owed to govt Edge
- NZ regulator to sue Jetstar over misleading compensation claims NST Star
- EU antitrust regulators to spell out how Apple must open up to rivals Edge
- Cocoa traders say EU deforestation law set to fail Edge
- China will continue negotiating on EU’s EV probe Edge
