Capital markets news | Wed 16 Oct 2024
Equity and property markets
- Northeast gained 0.5 sen on ACE Market debut Edge NST Star
- Khazanah’s initiatives for venture capital ecosystem Edge NST Star
- Malaysia a magnet for venture capital Star
- Fairview eyes Asia, UK expansion after LSE listing NST
- European officials say T+1 transition urgent Edge
- Investor optimism sees biggest jump since Jun 2020 NST
Debt and money markets
- No rating impact from Public Bank’s acquisition of LPI RAM
- SeaMoney’s Poseidon 2nd tranche MTN assigned AA2 rating RAM
- Guan Chong’s AA- rating affirmed, negative outlook maintained MARC Edge
- Kimanis Power’s sukuk rating withdrawn MARC
- Chinese banks could cut deposit rates this week Edge
- China may raise USD850b new debt over 3 years to spur growth Star
- UK court rules in favour of StanChart Libor replacement Edge
Mergers and acquisitions
Projects and business
- Cypark, Jakel, Melaka Corp power up German technology park Edge NST Star
- Penang confident LRT project will take off by year end Edge
- Perdana Petroleum clinches vessel charter contract Edge Star
- SIA passenger traffic up 7.7% to SGD12.5b in Sep Edge
- Japan’s Toyo to produce solar cells in Ethiopia for US plant Edge
- Aramco cancels Saudi chemical project as it focuses on Asia Edge
- Fintech firm Sahm granted full licenses by Saudi CMA Mail
- Citigroup profit beats estimates on investment banking surge Edge Star
- Goldman Sachs profit beats estimates on investment banking strength Edge Star
- Google agrees to buy power from Kairos small nuclear reactors Edge Star
- Boeing prepares lay-off notices for thousands of workers Edge Mail
- Boeing to raise as much as USD25b to stave off cash crunch Edge
- Pharmacy chain Walgreens to shutter 1,200 stores in turnaround Edge
- Petrobras to squeeze maximum oil output Star
Foreign economy and market news
- Philippines unlikely to opt for half-point cut Star
- Southeast Asia emerges as global data centre hot spot Star
- Australia’s largest pension says China boom times over Edge
- Beijing to implement policies to support smaller enterprises Star
- Elon Musk makes India cancel satellite spectrum auction Edge
- BYD expands European supply chain Edge
- Stop calling all wealth funds sovereign Edge
- Several Asean countries interested in joining BRICS Star
Legal and policies
- SC-World Bank report flags PLCs’ weaker ESG disclosures Edge
- Capital A could exit PN17 status by Dec Edge Mail NST Star
- USD681m asset-freezing order upheld as Najib withdraws appeal Edge
- IRB urges participation in tax corporate governance programme Edge NST
- IBM investigates allegations of executive misconduct in China Edge
- US could cap exports of Nvidia, AMD AI chips to some countries Edge Star
