Capital markets news | Fri 6 Dec 2024
Equity
- Cropmate closes up 5% on ACE Market debut Edge NST Star
- TopVision’s ACE Market IPO oversubscribed 59 times Edge Star
- Genting dropped from KLCI, Gamuda 99 Speed Mart in Edge NST Star
- Temasek joins data firm Veeam’s USD2b secondary share offering Edge
- South Korean opposition leader Lee backs return of short selling Edge
- How Citi lost USD17m on massive Australia block trade Edge
- xAI wraps up USD6b funding in latest round Yahoo
Digital assets
- Bitcoin storms above USD100k Edge Mail NST Star
- Bitcoin crashed below USD94k in sudden plunge Coindesk
- 4 new bitcoin price targets over USD124k by new year Cointelegraph
- Wall Street sees bitcoin hitting USD200k soon Yahoo
- Luno sees 32% jump in transaction volume NST
- AI Ethereum layer-2 Mode is latest network to bridge to bitcoin Coindesk
- Memecoins reach USD140b market cap Coindesk
- AI training consent a perfect use case for blockchain Cointelegraph
- Australia’s draft guidelines force crypto licensing Cointelegraph
- Australian regulator curtails criminal use of cryptocurrency Yahoo
M&A and property
- Maxland signs 60-year land lease in Kulim for data centre Edge Star
- Confusion over ST Telemedia’s shareholding in U Mobile Edge NST Star
- Pavilion REIT buys 2 Kuala Lumpur hotels for RM480m Edge NST Star
- NTT Data buys 27ha Johor Bahru land for new data centre Edge NST Star
- Destini buys Australia’s Trovon to expand global rail maintenance reach Edge Star
- Deleum eyes more acquisitions after buying 70% of Indonesia’s OSA Edge NST Star
- LPI Capital received notice of mandatory take over offer NST
- Hongkong Land mulls selling Singapore developer MCL Edge
- Trump’s easing of regulations to trigger Japan outbound M&A Yahoo
- Nippon Steel still confident it can close widely opposed US deal Edge
- Sheffield United is latest football club to be taken over by Americans Edge
- Shell and Equinor to combine UK fields in ailing North Sea basin Edge
- Vodafone-Three’s GBP15b merger wins UK antitrust approval Edge
- New EU antitrust chief says Google split still on the table Edge
Malaysian financial market news
- Abu Dhabi’s Adnoc signs 15-year LNG supply deal with Petronas Edge
- Corporate Malaysia’s credit fundamentals remain intact Edge
- No proposal for Malaysia to join China-based New Development Bank Edge
- Withstanding unprecedented disruption to supply chains Edge
- Malaysia to benefit from US tariffs in near term Star
- UOB projects 4.7% GDP growth for Malaysia in 2025 Star
Asian financial market news
- Singapore among preferred choice for billionaires Star
- Indonesian parliament proposes VAT hike for luxury items Edge
- Apple planning USD1b manufacturing plant investment in Indonesia Edge
- Nvidia agrees to open Vietnam AI centre in Southeast Asia push Edge
- Philippine central bank to take measured approach Star
- China automakers pivot to hybrids for Europe to counter EV tariffs Edge
- China slaps sanctions on 13 US military firms over arms sale to Taiwan Edge
- Lone Star joins the bandwagon in Abu Dhabi’s finance hub Edge
- Opec+ delays revival of its oil production by three months Edge Mail
Other financial market news
- Rosneft complains Opec+ cuts turned US into top energy exporter Edge
- US looks to build defence industry Yahoo
- US Nov jobs report to show hiring rebound, unemployment 4.1% Yahoo
- Businesses optimistic as US economy grows slightly in recent weeks Star
- Trump wants to lower the corporate tax rate by 29% Yahoo
- BlackRock has USD1.3b to retain new rainmakers Star
- TSMC in talks with Nvidia for AI chip production in Arizona Edge
- Global billionaire wealth leaps, fuelled by US gains Edge NST
- Half of UK firms to raise prices after GBP26b tax hike Edge
- UK nuclear plants to stay online longer in green boost Star
- FEV and ProLogium develop high-performance vehicle battery Mail
