Capital markets news | Thu 28 Nov 2024
Equity
- Cropmate ACE Market IPO oversubscribed 85 times Edge
- Air fragrance maker Vanzo prices IPO at 15 sen Edge NST Star
- JF Tech plans RM46m private placement Edge
- Citaglobal proposes 1-for-5 bonus warrants Edge
- AMMB declares 10.3 sen interim dividend Edge NST Star
- Kerjaya Prospek declares 7 sen dividends Edge NST Star
- Malaysia’s equity market poised for growth in 2025 Edge Mail
- Thai Airways plans USD1.27b rights offering to exit debt plan Edge
- China courier firm SF opens flat in Hong Kong debut Edge
- Renewable energy producer NTPC Green jumps in Mumbai debut Edge
- Chinese driverless-tech firm Pony AI to raise USD260m in US IPO Edge
Debt and money markets
- Bank Islam’s AA3, P1 ratings affirmed RAM
- Widad Concession’s AA1 sukuk rating affirmed RAM
- Conglomerate Lotte to pledge Seoul skyscraper as debt security Edge
- China companies cut foreign currency debt in time for Trump Edge
- Bhutan studying green financing for USD23b hydropower plan Edge
- Option traders bet on deep Treasury market selloff within weeks Yahoo
Digital assets
- Bitcoin bull market is far from over Coindesk
- Deutsche invests in blockchain payment network Partior Coindesk
- EU approves commissioners overseeing crypto rules Coindesk
- Tether phases out euro-pegged stablecoin Coindesk Cointelegraph
- Digital money lag threatens international security Cointelegraph
- Is bitcoin price going to crash again? Cointelegraph
M&A and property
- Sarawak is Affin’s largest shareholder with 31.25% stake Edge
- BHIC sells 51% of LCS subcontractor to Rheinmetall Edge Star
- Vitasoy open to collaboration as takeover speculation mounts Edge
- Volkswagen sells Xinjiang sites to exit controversial region Edge
- Hong Kong tower seized from tycoon sold to university Edge
- Japan’s top chip distributor eyes acquisitions in China, India Edge
- Brookfield drops USD6.8b offer to buy drugmaker Grifols Edge
- OpenAI allows employees to sell USD1.5b stock to SoftBank Edge
- Air France-KLM in talks to buy 20% of Air Europa NST
Malaysian financial market news
- Malaysia’s producer price index falls 2.4% in Oct Edge Star
- Oracle’s USD6.5b investment more than data centre Edge
- Business outlook for 4Q remains positive Edge Mail NST Star
- Malaysia’s investment outlook promising under Trump 2.0 Edge
- Ex-Patimas deputy chair’s insider trading conviction upheld Edge NST
- Forest City’s special financial zone prioritises banking, logistics Edge NST
- Malaysia misses foreign visitor arrivals target again Edge
- Declining birth rates and rising burden of eldercare Edge
- Reviving HSR can strengthen Malaysia’s role in Southeast Asia NST
Other financial market news
- Singapore’s CPF tops Asia again in global pension index Star
- Singapore prosecutors say trader took USD360m in metal scam Edge
- Sanofi boosts preparedness with USD600m Singapore plant Edge
- BYD asks suppliers to cut prices for China EV price war Edge Star
- China state media warn Trump against mutually destructive tariff war Mail
- China’s power firms cut coal power generation share to sub-60% Star
- South Korea eyes USD10b in support for chipmakers in 2025 Edge Star
- Australia introduces bill imposing big fines for supermarket misconduct Mail
- New Zealand cuts rate by 0.5%, flags further easing Star
- Key Fed inflation gauge shows PCE going sideways Yahoo
- US labour market has become low-hire, low-fire Yahoo
- Total pauses New York offshore wind project on Trump fears Star
- Trump fills tax-cut and tariffs cabinet posts Star
- Impact of Trump’s tariffs on US consumers Mail Star Yahoo
- UK to loosen EV sales mandate that carmakers won’t meet Edge
- HSBC loses court challenge against USD33.4m EU cartel fine Edge
- Credit Suisse conviction annulled in 2022 money laundering case Edge
- Apple misses out on big 2024 smartphone market rebound Edge
- Next waves of AI are enterprise AI and industrial AI Yahoo
