Capital markets news | Mon 9 Dec 2024
Equity
- Winstar’s ACE Market IPO oversubscribed 80 times Edge NST
- Colform ACE Market IPO underwritten by Mercury Edge Star
- Malaysia to simplify cross-border finance approvals to attract VC Mail
- Investing with ESG in mind Star
- Malaysian stocks see foreign sell-off Star
- LG Electronics’ Indian unit to raise USD1.5b in IPO Edge
- Citigroup loss on botched Australia block trade hits USD45m Edge
- BofA’s Hartnett warns froth is building in US stocks Edge
- Trading platform eToro tapped Goldman Sachs for US IPO Edge
- OpenAI to unlock Microsoft investment by removing AGI clause Edge
- Norway’s wealth fund can start selling Russian stocks Edge
Debt and money markets
- Golden Agri’s AA2(s) issue rating affirmed RAM
- Bintulu Port Holdings upgraded to AAA RAM
- Samalaju’s sukuk rating upgraded to AAA(s) RAM
- JAKS’ subsidiary lodged RM250m MTN programme Edge
- Singapore’s Temasek forms SGD10b private debt platform Edge NST
- Nomura fired bond trader after Japanese spoofing probe Edge
- Wall Street bond sellers looking forward to bigger bonuses Edge
- Fontainebleau Miami Beach issues USD975m bonds Edge
- Schwab’s Jones says US credit is priced for complacency Edge
- World Bank raises record USD100b for poorest nations Edge
Digital assets
- Amazon receives shareholder proposal for bitcoin treasury Cointelegraph
- Memecoin factory pump.fun bans UK crypto traders Coindesk
- Czech exempts long-term bitcoin from CGT Forexlive
- US FDIC told banks to avoid crypto Coindesk
- Bitcoin rally to continue until end of 2025 Cointelegraph
- How to train an AI bot to day-trade crypto Cointelegraph
- Former US Treasury secretary calls national bitcoin reserve crazy Yahoo
M&A and property
- Crescendo sells Johor land for RM120.06m Edge NST Star
- OSK Property buys 330.53ac Kedah land for RM72m Edge Star
- Inta Bina buys 2.72ac land for RM23m Edge Star
- Singapore’s Aelios offers to buy rest of Suntec REIT Edge
- HP’s USD14b Juniper deal should close in early 2025 Yahoo
- UK’s Covalis, France’s Suez jointly bid for Thames Water Edge
- Guardian sells Observer newspaper to Tortoise Media Edge Mail
- Frasers makes offer for struggling Norwegian sports retailer Edge
- Aviva buys Direct Line to create USD21b British insurer Edge
- Ubisoft shareholders in talks over buyout terms Edge
- Allianz pauses talks with Amundi over control of asset manager Edge
Malaysian financial market news
- The rise of the Malaysian data centre hub Edge
- Penang to train 500 IC design engineers Edge
- Tribunal denies stay of feedmillers’ RM415.5m fine Edge NST
- MACC remands director, civil servant over RM250m corruption Edge
- Rubber market up, SMR 20 highest since 2017 NST
- Palm oil prices RM4k-RM5k in 2025 NST
- Corporate Malaysia drives low-carbon transition Star
- Govt launched bidding process for battery energy storage system Star
- Basic income is inevitable Star
- Opportunities to move up semiconductor value chain Star
- Fine-tuning GLIC governance Star
- BNM’s international reserves up to USD118.3b at 29 Nov Star
Asian financial market news
- China’s export curbs on critical minerals pose risks to US Mail
- China’s Trump card Star
- Trump EV scepticism threatens USD54b in Korean investments Yahoo
- South Korean markets shaky on second martial law rumours Edge NST
- Modi’s BJP says US State Department targeting India Edge
- US clears export of advanced AI chips to UAE under Microsoft deal Edge
Other financial market news
- Investors raise bets on US rate cut after payrolls data Edge
- TikTok faces US ban as appellate court refuses to block law Edge
- Trump appoints former PayPal exec as AI and crypto czar NST
- Trump’s China tariff plan has USD64b import hole Edge
- JPMorgan Asset prefers real estate and PE to direct lending Edge
- US city hit with power lines for data centre Yahoo
- US construction wait-and-see amid rate, immigration uncertainty Yahoo
- US CPI out on Wed, PPI out on Thu Yahoo
- Franklin Templeton predicts USD depreciation in 2025 Star
- Canadian auto production tumbles Edge
- UK house prices hit record in Nov Edge
- UniCredit’s German branch raided over EUR200m VAT fraud Edge
- German carmakers promise to keep Hungary factories running Edge
- Ex-ASML employee suspected of stealing trade secrets Yahoo
- Norway’s sovereign wealth fund hits RM7.9t Mail
- Nvidia’s business practices in EU antitrust spotlight Edge
- EU-Mercosur trade pact divides Europe Mail
- Work on BRICS settlement tool to proceed despite Trump’s threats NST
- Russia lifts requirement to pay for gas via sanctioned bank Edge
- BMI forecasts rising global natural gas demand in near term Edge
- BMI lowers 2025 Brent crude average price to USD76 Edge
- Five key charts to watch in global commodity markets Yahoo
- Working in an office is just about looking busy Yahoo
