Capital markets news | Fri 29 Nov 2024
Equity
- TA values Main Market-bound TMK Chemical at RM1.99 Edge
- Carlo Rino prices ACE Market IPO at 27 sen Edge
- Sabah IBS maker Colform gets Bursa nod for ACE Market listing Edge Star
- Negri Sembilan Oil Palms pays 14 sen dividend Edge
- Wellcall pays 2.2 sen dividend Edge
- Al-Aqar REIT announces 1.9 sen dividend Edge
- Alliance Bank pays 9.5 sen dividend Edge Star
- Thai exchange to use AI to improve oversight of listed firms Edge
- GCash mulls USD1.5b Philippine IPO Edge
- Driverless tech firm Pony AI down 7.7% after US IPO Edge
- Hedge funds pile into Japan’s USD165b hidden property trade Edge
- Top 3 risks to US stock market rally Yahoo
- St James’s Place to shutter GBP1.8b UK property funds Edge
Debt and money markets
- Gulf Investment Corporation AAA rating affirmed RAM
- Suria KLCC’s sukuk programme AAA rating affirmed RAM
- RHB Bank, RHB Islamic and RHB Investment AA1 ratings affirmed RAM
- IOI Properties’ RM3b sukuk programme AA rating affirmed MARC
- Bank Pembangunan’s AAA rating affirmed MARC
- Titijaya’s ICP assigned final MARC-1 short-term rating MARC
- Top Glove’s programmes assigned AA-(cg), A(cg) preliminary ratings MARC Edge
- EcoWorld issues RM300m sukuk wakalah Edge Star
- Yinson Renewables gets USD59m financing for Matarani solar project Edge Star
- Singapore companies’ debt levels low Star
- Indian banks review Adani exposure in wake of US bribery allegations Edge
Digital assets
- Hong Kong offers crypto tax exemption for hedge funds, family offices Edge
- Bitcoin miners approach USD40b market cap as hashrate rises Coindesk
- Bitcoin pumps above USD97k, then dumps Coindesk
- Bitcoin could hit USD124k before year-end Coindesk
- Crypto exchange XT hacked for USD1.7m Coindesk
- Memecoin trader turns USD160 into USD5.6m with viral token Cointelegraph
- Publicly traded mining companies spend USD3.6b on PP&E Cointelegraph
- Crypto thrives in India despite discouraging taxes Cointelegraph
- North Korean hacker-imposters stole billions in crypto Yahoo
M&A and property
Malaysian financial market news
- Penang special financial zone project still being studied Edge
- Insurance, takaful medical claims cost up 56% Edge
- Johor-Singapore SEZ agreement to be finalised by Dec Edge
- MAHB to fund almost entire RM1.55b Penang airport expansion Edge
- Limited govt funds involved for 5G implementation under DNB Edge
- High-quality corporate reporting to expand economic pie Edge NST
Other financial market news
- Singapore household debt climbs Star
- Philippines back to fiscal surplus in Oct Star
- Nornickel sees new tech sustaining China’s palladium demand Edge
- Hong Kong opens third airport runway with marginal gain in landing slots Edge
- US restrictions on Chinese semiconductor less severe than expected Edge
- US preps China chip curbs that stop short of early proposals Edge
- South Korea makes first back-to-back rate cuts since 2009 Edge Yahoo
- Japan wobbles on tax hikes to pay for defence build-up Yahoo
- Australia’s social media ban for under 16 to become law Edge Yahoo
- US economy firm in early Q4, inflation stuck above target NST Star Yahoo
- Amazon developing GenAI model for video Edge
- Intel’s USD7.86b subsidy restricts sale of manufacturing unit Edge
- Microsoft faces wide-ranging US antitrust probe Edge
- Trump to let CFTC regulate crypto Yahoo
- Canada antitrust watchdog sues Google, seeks ad tech breakup Yahoo
- Mexico’s Pemex freezes new contracts to pay USD20b debt Yahoo
- Trump tariffs risk exposing UK firms more than European peers Edge
- Tax hike on UK businesses may cost 130k jobs Edge
- Trafigura bets troubled CO2 credits market set for rebound Edge
- France slashes electric car subsidies amid budget crunch Edge
- Maersk could use 15-20% alternative fuels for its fleet in 2030 Edge
