Capital markets news | Mon 23 Sep 2024
Equity and property markets
- TNG Digital eyes Malaysian IPO in 2-3 years Edge Star
- Education high on Ekuinas checklist Star
- The myth of dual listing on SGX and Bursa Star
- Vietnam ranks 2nd in Gen AI startups in Asean Star
- South Korea’s retail investors to oppose tax on gains Star
- Japan’s SBI to invest in Dubai’s Gateway Partners Edge
- Global money chases Indian stocks as bull run extends Edge
- SEC approves Nasdaq to list options on iShares Bitcoin Trust ETF Edge
- US money managers cut support for climate proposals Star
Debt and money markets
- Mizuho Bank Malaysia launches Islamic banking window Edge
- Agrobank, Borong sign MOU on RM300m MSME financing NST
- SME Bank’s programme generates RM74m export sales Star
- Vietnam moves closer to investment-grade credit rating Star
- Ant raises USD6.5b in loans for refinancing Edge
- Green bonds aren’t driving climate action in US Star
- Buy bonds and gold as bubble risk returns Edge
- World Bank starts USD90b plan to electrify Africa Star
- Lack of financing stalls over 450 low-carbon projects Star
Mergers and acquisitions
Projects and business
- Chinese heavy industry firms to operate in Labuan Edge
- PBA to complete 3 pipeline projects over next 2 years Edge
- Subang Airport’s international traffic up 25% in Aug Edge NST Star
- MAHB records 12m passengers in Aug Star
- Intel will delay ops of new facility being built in Penang Edge
- Sabah charges forward on energy storage Star
- TNB, Keppel sign agreement on 100MW supply Edge NST Star
- Northport hits record 52,480 tonnes steel cargo Star
- Tealive eyes Indonesia after 100 stores in Philippines Edge Mail Star
- DBS sees wealth fees doubling by 2027 Edge
- China’s newest refiner Yulong starts up crude unit Edge
- China Minsheng Bank cut Beijing staff pay by up to 50% Edge
- Nippon Steel selling USD211m assets to manage debt Edge
- GM to lay off about 1,700 workers at Kansas plant Edge
- Qualcomm lays off hundreds of workers in San Diego Edge
- J&J uses bankruptcy to push USD10b settlement Edge Star
- Three Mile Island nuclear power for Microsoft AI Edge Mail
- UK building firm ISG collapsing, risking thousands of jobs Edge
Economy and market news
- Govt measures to sustain growth Star
- Malaysia’s time to shine Star
- BM Greentech calls for SolaRIS extension, grid liberalisation Edge
- Miti studies Malaysian iron and steel industry sustainability Edge
- Solar sector fights for a place in the sun Star
- National grid 3rd party access charges unchanged Edge
- National-scale DPI still in its infancy Star
- Weaker TIVs anticipated in 2H NST
- Malaysia’s residential market to continue upward trend Star
- Singapore can facilitate more inclusive trade in Asean Star
- Data centres drive Southeast Asia’s coal consumption Mail
- China unexpectedly leaves lending rates steady Star
- China’s youth unemployment soars to 18.8% Mail
- Beijing weighs removing major home-buying curbs Star
- India’s central bank manages rupee with USD689b reserves Edge
- US leans on allies’ shipbuilding to compete with China Edge
- JPMorgan’s Dimon sceptical of soft landing after rate cut Edge
- Sterling feeds on peculiarly high BOE terminal rate Star
- GIC’s CIO warns of inflation risks after Fed cuts Edge
- Gold breaks past USD2,600 for the 1st time Edge NST Star
- Central banks face difficult balancing act to lower rates Mail
- Shipping lines adjust to changing trade routes Star
Legal and policies
- Water Services Industry Act amendments to be tabled in Nov Edge
- AI governance and ethics guidelines for industries launched Edge
- Govt announces incentives for Forest City special financial zone Edge NST Star
- Evergrande liquidators seek to wind up unit with key assets Edge
- US to ban Chinese software, hardware in connected vehicles Edge Mail NST
- US SEC to sanction Elon Musk for snubbing Twitter hearing Mail
- French cognac makers protest EU EV vote amid China tariffs threat Mail