Capital markets news | Mon 16 Dec 2024
Equity
- Datasonic to issue 1.55b warrants to raise RM554.95m NST Star
- Alam Maritim aims to exit PN17 status by 1Q2025 Edge
- FTSE4Good sees 28 new additions Edge NST
- Bursa bridge to secondary listings Star
- BofA says investors rush to China stocks after Politburo pledge Edge
- Carlyle mulling USD1b Quest Global IPO in Mumbai Edge
- India startup Rebel Foods raises USD210m ahead of 2026 IPO Yahoo
- DigiCo REIT shares slump in Sydney debut on valuation worries Edge
- 4 biggest forces to shape the US stock market in 2025 Yahoo
- Security camera startup Verkada in talks for USD4.5b valuation Yahoo
- Walmart’s fintech races to USD2.5b value Yahoo
- Türkiye’s Aydem plans 2025 IPOs for power grid operators Edge
Debt and money markets
- CGIF’s AAA rating affirmed RAM
- Sunway Healthcare Treasury’s AA(cg) rating affirmed MARC
- UEM Edgenta’s sukuk rating upgraded to AA MARC
- Sime Darby issues fifth tranche of sukuk to raise RM200m Edge
- South Korean finance chief looks to reassure credit rating firms Edge
- US offers WEC Energy USD2.5b loan for clean projects Star
- Grifols agrees to bond early redemption clause with Brookfield Edge
- Moody’s hands France a surprise downgrade to Aa3 Star
Digital assets
- Australian pension fund reveals rare wager on bitcoin futures Edge
- Polygon DAO weighs USD1.3b stablecoin generating USD70m yield Coindesk
- Larger cohorts than ETFs, MicroStrategy dictate bitcoin price Coindesk
- RLUSD stablecoin will increase demand for XRP Cointelegraph
- Trump may use Bitcoin as US reserve asset on day one Cointelegraph
- Bitcoin to pump then rotate back if US strategic reserve approved Cointelegraph
- Crypto trader’s USD27 Pepe token investment turns into USD52m Cointelegraph
- Heralding the golden age of crypto Star
M&A and property
- Macquarie bidding for Axiata’s 63%-owned edotco Edge Star
- Oasis Harvest eyes acquisitions NST
- Estates of late tycoons spark M&A interest Star
- China’s CNOOC sells US assets to Britain’s Ineos Edge Yahoo
- Trump considers privatising US Postal Service Edge
- Intel executives say a manufacturing spinoff is possible NST Yahoo
- US foreign investment panel split on Nippon-US Steel deal Edge
- US power deals down 36% in last year due to political uncertainty Yahoo
- Spain’s Ferrovial sells USD2.1b stake in London’s Heathrow airport Mail
- SoftwareOne in advanced talks to buy Norway’s Crayon Yahoo
- Blackstone’s warehouse spree adds EUR470m Czech deal Edge
Malaysian financial market news
- Independent steel committee completes stakeholder consultations Edge NST
- Ex-GIIB CEO cleared of forgery after prosecution drops charge Edge NST
- Papagomo nabbed for illegal fundraising Edge
- Vehicle sales to rebound in Dec after 7.8% fall in Nov Edge Mail NST Star
- Green electricity transmission to Singapore began on Fri Edge NST Star
- Malaysia emerges as regional digital leader with RM74.8b investments Mail
- Malaysia to post 4.7% GDP growth NST
- EU’s deforestration rules delay breather for players’ readiness NST
- Consumer sector set for growth in 2025 Star
- IMF credits Malaysia’s economic reforms Star
Asian financial market news
- Experts see big expansionary moves ahead by China’s govt Star
- China’s electric truck push Mail
- Bank of Korea calms market fears after impeachment Mail
- Japan must open up to immigrants Mail
- APAC corporate sector outlook neutral in 2025 NST
- Emerging markets have no easy escape from the dollar squeeze Star
Other financial market news
- HSBC sued by Australian regulator for scam loss failures Yahoo
- US Fed to start 24 hours of rate cuts from Wed Yahoo
- French Hill will be chair of House Financial Services Committee Coindesk
- Trump advisers seek to shrink or eliminate bank regulators Edge Yahoo
- Trump tax cuts may fail to drive economic gains Star
- Sanctions on Chinese banks, curbs on oil tankers not ruled out Edge
- Biden’s green bank moves to close billions in deals Star
- US court rejects TikTok request to temporarily halt US ban Edge
- UK joins trans-Pacific pact in biggest post-Brexit agreement Mail Star
- UK economy contracts for second consecutive month in Oct Mail Star
- Türkiye antitrust body fines Google USD75m in ad tech probe Edge
- Global EV market continues upward trend Mail Star
- Shale drilling techniques could lead to a geothermal surge Yahoo
