Capital markets news | Wed 18 Dec 2024
Equity
- Vanzo closes up 10% on ACE Market debut Edge Star
- Sapura Energy regularisation plan submission extended to May Edge NST
- Investors wait for a boost in Vietnam’s IPO market Star
- Chinese AI startup Zhipu raises USD412m at USD3b valuation Yahoo
- Chipmaker Kioxia faces tough debut in Tokyo IPO today Yahoo Star
- Activist investors create record with USD6.6b spree in Japan Star
- Biden proposes ban on congressional stock trading Cointelegraph
- Investors’ allocation to US stocks hits record high amid super-bullishness Yahoo
- Why the Magnificent 7 rally could be a defensive move Yahoo
- Software maker Databricks raised USD10b at USD62b valuation Yahoo
Debt and money markets
- Citibank’s AAA ratings affirmed RAM
- MBSB Bank’s Tranche 2 covered sukuk AAA rating withdrawn MARC
- Cellco’s AA, MARC-1 ratings affirmed MARC
- KNM’s Borsig gets EUR60m facility to continue operations Edge Star
- Pan Brothers closes in on USD537m debt restructuring Edge
- US offers PG&E USD15b conditional loan for climate resilience Edge Yahoo
- US bond traders target deeper rate cuts than market expectations Yahoo
Digital assets
- Next US Senate banking chair calls crypto next wonder of world Coindesk
- How MicroStrategy, others take on billions in debt to buy bitcoin Coindesk
- Options data show bitcoin traders not chasing price rally Coindesk
- Bullish on memecoin CAT after bagging Binance spot listing Coindesk
- ESMA publishes MiCA guidance days before deadline Coindesk
- European MP calls for EU bitcoin reserve Cointelegraph
- Bitpanda receives in-principle approval for UAE expansion Cointelegraph
M&A and property
- SMI’s shareholder seeks court order to freeze takeover offer Edge
- Acquirer accuses SMI of blocking EGM Edge Star
- PUC buys digital marketing firm for RM100m Edge NST Star
- TXCD’s largest shareholder exits after selling 15.56% Edge
- Tiong Hiew King buys 13.75% of Borneo Edible Oils for RM5.35m Star
- KFH looking for buyer for retail portfolio, branches and staff Edge
- Alibaba sells China department store chain Intime at USD1.3b loss NST Yahoo
- Bain in talks to buy Little Caesars operator Sizzling Platter Yahoo
Malaysian financial market news
- Eve Energy launches battery manufacturing facility in Kedah Edge NST
- Pengurusan Aset Air to invest RM1b on Penang water treatment plants Edge Star
- MPOC sees CPO prices above RM4,800 Edge
- CPO demand steady amid Indonesia’s biodiesel mandate, export levy NST
- BNM reappoints 3 Shariah Advisory Council members Edge Mail NST Star
- Malaysian cargo ports handle 778m tonnes of goods by year-end NST
- Malaysia to benefit from Trump’s trade policies NST
- Demand for electricity to remain elevated Star
- Rising incomes to drive demand for staple goods Star
- Lower vehicle sales likely next year Star
- Definition, classification of T15 will be decided soon Star
- Malaysia’s GDP forecast to grow 4.9% in 2025 Star
- KPS appeals RM7.9m capital gains tax Edge Star
Asian financial market news
- Singapore’s Nov exports rise 3.4% Star
- Indonesia anti-graft body searches central bank’s headquarters Edge NST
- China may keep trying to spur consumption without big stimulus Star
- China plans record 4% of GDP budget deficit in 2025 Mail
- China’s policy shift designed to spur growth Star
- Confidence of foreign CEOs in China slides despite stimulus Edge Star
- China’s capital markets outflow hits record of USD45.7b in Nov Star
- China’s factories seek to Trump-proof business by going global Edge
- Singaporean group to run China’s first foreign-owned hospital Edge
- Japan raises renewable energy targets Star
- World’s busiest airline routes in 2024 are largely in Asia Edge
Other financial market news
- Australian consumer sentiment down 2% to 92.8 Star
- GlobalWafers shores up USD406m in US Chips Act awards Edge NST Yahoo
- US bank regulator mulls legal action against former SVB execs Yahoo
- US ports brace for tariff threats scrambling supply chains Yahoo
- TikTok’s strategy to escape US ban down to SCOTUS, Trump Yahoo
- Inflation impact still curbing US travel demand Edge
- The inflation you don’t see Yahoo
- US Federal Reserve to kick off central bank rate cuts today Star
- Brazil traders sell first, ask later as panic sweeps markets Yahoo
- Chile cuts rate by 0.25%, warns of short-term inflation challenges Yahoo
- ECB raises bank capital requirements citing heightened risks Edge
