Capital markets news | Mon 2 Dec 2024
Equity
- Supreme gains 22% on ACE Market debut Edge NST Star
- IGB declares 12 sen dividend Edge
- LBS Bina declares 2.6 sen special dividend Edge Star
- Padini declares 2.5 sen second interim dividend Edge
- Press Metal declares 1.75 sen dividend Star
- Pharmaniaga finally gets Bursa nod on regularisation plan Edge Star
- Wanda to create USD12.4b fund backed by malls Edge
- Ex-HK market watchdog official charged with tipping off friends Edge
- Rush to value up may be Asian stocks’ best defence from Trump Edge
- Emerging Asia stays steady Star
- European ETFs show promising growth Star
Debt and money markets
- APM’s sukuk AA2 rating affirmed RAM
- Amanat Lebuhraya Rakyat’s AAA rating affirmed RAM
- Exsim’s Tranche 6 green sukuk assigned final AA3 rating RAM
- Chailease Berjaya’s AA-(cg) rating affirmed MARC
- LBS Bina’s AA- rating affirmed MARC
- Diversification to spur Malaysian bond market Star
- Chindata seeks USD2.8b loan for Malaysia data centre Edge
- Japanese banks stick with Adani as Jefferies, Barclays review ties Edge
Digital assets
- Ethereum ETFs see record USD333m inflows Coindesk Cointelegraph
- HyperLiquid’s native token debuts at USD4.2b market cap Coindesk
- NFTs hit USD562m sales, 6-month high Cointelegraph
- Blockchain will be a game changer for independent artists Yahoo
M&A and property
- IGB Commercial REIT buys 2 Menara Southpoint floors from IGB Edge
- Consortium aims to seal ESR buyout at more than USD7b Edge
- MUFG offers to buy robo-adviser WealthNavi for USD665m Edge
- Blackstone deepens India push with USD5b hospital deal Edge
- Northern Star to buy De Grey Mining in AUD5b gold deal Yahoo
Malaysian financial market news
- BNM’s official reserves at USD117.59b at end-Oct Star
- Rail systems installation for JB-Singapore RTS Link Edge NST Star
- Johor to give 30% property tax rebate in 2025 NST
- Malaysia, Brazil team up on integrated circuit design Edge NST Star
- Prioritise domestic shipping, support local vessel usage NST
- Call for stronger Malaysia-Indonesia palm oil cooperation Edge Star
- Sarawak aims for self-sufficiency in rice cultivation Star
- Call for equal regulation across all platforms Star
Other financial market news
- Indonesian tycoon eyes theme park, F1 in USD16b project Edge
- Indonesia almost certain to defer Jan 2025 VAT Mail
- Vietnam parliament approves USD67b high-speed rail project Edge Mail
- China to extend tariff exemptions for some US products to 2025 Star
- China’s housing market recovers as govt relaxes purchase rules Mail
- China’s digital finance set for rapid expansion Star
- HSBC pulling back from credit card business in China Edge
- Hong Kong taps tycoons, banks for USD28.3b project Edge
- South Korea export growth slows to 14-month low NST
- Japan earmarks another USD9.9b this year for chips and AI Edge
- India’s Adani builds 30GW solar plant in Khavda desert Mail
- Volkswagen India unit faces USD1.4b tax evasion notice Edge
- Saudi wealth fund’s shifting focus hits budgets for some projects Edge
- Australia tightens money-laundering rules for real estate, gems Edge
- Australian central bank reform adds new wrinkle to policy outlook Edge
- US consumers spend more online on Black Friday Edge
- OpenAI sued by top Canadian news publishers over copyright Edge
- US sets tariffs for solar panels from Southeast Asian nations Edge Mail
- US small businesses seek tariff exclusion Mail
- Trump’s BRICS warning shines light on emerging FX Yahoo
- Trump’s tariffs could cost carmakers 17% of core profits Edge
- Starmer promises Plan for Change to reset UK Star
- UK business confidence lowest since pandemic NST
- France won’t be blackmailed over budget Yahoo
- Germany’s Scholz calls on Thyssenkrupp to keep jobs Edge
- German govt plans EUR2b in new chip subsidies Edge
- France, Germany, Sweden urge EU battery sector push Edge
- World’s top 100 defence groups boost arms sales by 4% in 2023 Yahoo
