Capital markets news | Tue 10 Dec 2024
Equity
- Vanzo’s ACE Market IPO oversubscribed 67 times Edge Star
- Carlo Rino’s ACE Market IPO oversubscribed 18 times Edge Star
- Swift Energy prices ACE Market IPO at 28 sen Edge NST Star
- Hartalega declares 10.85 sen special dividend Edge Star
- Managepay plans 1-for-2 rights issue, free warrants Edge
- SkyWorld trading halted today pending material announcement Edge
- Local institutions net bought RM1.06b on Bursa last week Edge NST Star
- Growtheum invests USD121m in Philippine cold storage chain Edge
- Kospi’s losses have traders debating need for stabilisation fund Edge
- Vivendi investors approve 3 spinoffs listing on 16 Dec Edge
Digital assets
- US bitcoin ETF inflows near USD10b since Trump win Edge
- USD750m leveraged derivatives liquidated as crypto tumbles Coindesk
- Bitcoin options shows resistance at USD120k Coindesk
- Bitget mulls US entry while awaiting Trump’s administration Coindesk
- Altcoin season leg down will be ugly Cointelegraph
- Blockchain, crypto made up 14% of Australian fintech shut down Cointelegraph
M&A and property
- GFM mulls buying 45% of Shapadu Energy for RM30m cash Edge Star
- Axiata, Sinar Mas nears deal for Indonesia merger Edge Star
- JPMorgan to advise GIC on USD5b Greenko stake sale Edge
- China considering moving Cinda stake to sovereign wealth fund Edge
- CVC offers to take CompuGroup private for USD1.2b Edge
- Omnicom buys Interpublic for USD13.25b to create largest ad company Edge
- Mondelez exploring takeover of US chocolate maker Hershey Edge Yahoo
- Nippon Steel makes final push to win over US workers Edge Yahoo
- Frank McCourt still wants to buy TikTok if Chinese owner forced to sell Yahoo
- BP, Jera merge offshore wind business and invest USD5.8b Edge
Malaysian financial market news
- Tenaga, Sembcorp agree on 50MW RE supply to Singapore Edge Star
- MSMEs face challenges of rising logistics costs Edge
- Retail sales grew 3.8% in 3Q, may hit 4.4% in 4Q Edge Star
- Malaysia’s unemployment unchanged at 3.2% in Oct Edge NST
- How Malaysia is setting itself up as an AI hub Edge
- White knight to take over RM10b Penang World City project Edge
- Petros invests RM2b in CCGT power plant in Miri Star
Asian financial market news
- Prabowo pitches seawall project to Japanese firms Star
- Vietnam reports USD24b trade surplus Star
- Philippines’ Oct jobless rate up to 3.9% Star
- Hidden costs in Southeast Asia’s e-commerce and logistics Edge
- China plans looser monetary policy, proactive fiscal policy Yahoo
- PBOC resumes buying gold after 6-month pause Star
- China targets Nvidia with antitrust probe Edge
- China’s zero-tariff policy boon for least developed countries Star
- Boutique bank Raine shuts Hong Kong, staff move to Singapore Edge
- Taiwan Nov exports up 9.7% Star
- Japan’s economy grew 1.2% in 3Q Star
- Saudi Arabia cuts crude oil prices for Asia Star
Other financial market news
- New Zealand seeks USD291m investment in Kiwibank Edge
- US importers to accelerate shipments on tariff, strike threats Yahoo
- Oilfield service companies add more jobs in Nov Yahoo
- GIP puts BlackRock under spotlight from US to Malaysia Edge
- Trump’s EV scepticism hampers battery plans Star
- TikTok seeks to pause US ban pending Supreme Court review Edge Mail
- Canada pressured to respond to potential new US tax regime Star
- Demand for UK workers crashes in budget aftermath Star
- Swiss prosecutors seek USD156m from Trafigura in corruption trial Edge
- Initial hearing in Rotterdam court on ASML IP theft Edge
- Denmark obtains zero bids in largest-ever offshore wind tender Star
- Sweden’s green power crippling wind industry Star
- EU countries want vaping included in bloc’s tobacco tax law Edge
