Capital markets news | Tue 3 Dec 2024
Equity
- Rising interest in secondary listing on Bursa Edge
- Special dividends on the rise with dividend tax looming Edge
- CGS predicts P/E growth by 2025 Edge
- Foreign investors sold RM259.8m on Bursa, fourth straight week Edge Star
- Mao Geping aims to raise USD270m in Hong Kong IPO Edge NST
- Japan’s Kioxia sets IPO price range for JPY126b listing Edge
- Bezos backs AI chipmaker at USD2.6b value Edge
Debt and money markets
- Bank Rakyat’s AA2, P1 ratings affirmed RAM
- Toyota’s guaranteed MTN programme assigned AAA(s) rating RAM
- SIBS’ RM3b sukuk programmes assigned AA-, MARC-1 final ratings MARC
- Singer’s RM300m MTN programme A rating affirmed MARC
- Stars aligned for Indian bonds to extend rally Star
- JPMorgan rejects transition-finance trend gripping Wall Street Edge Star
- S&P keeps France rating at AA- Star
Digital assets
- Takeover of bitcoin creates new list of risks Star
- Ripple-linked XRP soars to third-largest token Edge
- Ether, bitcoin ETFs log record inflows Edge
- Bitcoin faces USD384m sell wall at USD100k Coindesk
- Bitcoin’s illiquid supply soars to new all-time high near 15m tokens Coindesk
- Ether’s price chart mirrors pattern that foretold bitcoin’s record rally Coindesk
- Japanese exchange DMM Bitcoin shuts down after USD305m hack Coindesk
- Ether’s risk-reward is attractive Coindesk
- Death of Meta’s stablecoin was political kill Cointelegraph
- BitGo expands into retail market with new trading platform Cointelegraph
Malaysian financial market news
- Malaysia’s growth steady in 2025, uncertainties loom large RAM
- MRT Corp begins tender process for Penang LRT contractor Edge
- Sarawak, Italy ink MOU to develop 500MW power plant Edge
- GLICs to improve investment evaluation process and monitoring Edge
- Stricter Printing Presses and Publications Act in the offing? Edge
- OFS-SIDREC merger is in final process of completion Edge
- Malaysian air passenger traffic grew 13% in Oct Edge NST Star
- Encorp fires CEO after internal probe linked to MACC charge Edge
- Malaysia’s Nov manufacturing PMI eases to 49.2 Star
Other financial market news
- Singapore fines JPMorgan for failing to detect staff’s misconduct Edge
- Jakarta eyes nuclear power tech with US, Russia Star
- Ford to make EV investment in Indonesia Star
- China’s Caixin manufacturing PMI up to 51.5 in Nov Star
- Japanese firms boost capital expenditure as confidence holds up Star
- BOJ’s Ueda says wage trends will drive policy moves Star
- Latest US strike on China’s chips hits semiconductor toolmakers Edge
- Asia’s factories perk up on China recovery but Trump risks loom Star
- Australia’s retail sales firm as consumer confidence brightens Star
- Australian home prices rise at weakest pace in almost 2 years Star
- SEC doesn’t fine ICBC over ransomware attack Yahoo
- Tariffs are now Trump’s solution to everything Yahoo
- BRICS Pay led to Trump’s latest tariff threat Star Yahoo
- Complexity drives record CEO turnover in 2024 Yahoo
- Low demand forces Microchip to shut Arizona plant Yahoo
- US job growth due for snapback after storms Star
- US LNG exports to Europe surge in Nov on higher prices Yahoo
- St James’s Place to cut around 500 jobs Edge
- UK house prices rose by most since Mar 2022 Edge
- EV transition leaving UK auto industry behind Star
- Scholz proposes USD106b fund for Germany Star
- French budget requests almost USD10.6b Star
- Bankruptcies in Sweden heading for highest level since 1990s Edge
- Greece says it has no plans for extra tax on banks Edge
- Zinc’s wild week may signal volatile era as supplies squeezed Edge
- Airlines not switching quickly enough to green jet fuel Yahoo
