Capital markets news | Fri 20 Dec 2024
Equity
- Winstar rises 45% on ACE Market debut Edge Star
- ES Sunlogy’s ACE Market IPO underwritten by M&A Edge NST Star
- Aset Kayamas founder’s daughter invests in 13.9% of Kanger Edge
- Funding Societies gets USD25m from Cool Japan Fund NST
- Mr DIY Indonesia climbs on market debut Edge NST Star
- Southeast Asian stocks to offer shelter amid Trump threat Edge
- Southeast Asia startups miss out on region’s AI-fuelled tech boom Yahoo
- Segantii founder pleads not guilty to insider trading in Hong Kong Edge
- Sony becomes top shareholder of media company Kadokawa Edge NST
- India, Australia brighten IPO prospects for 2025 in Asia Pacific Yahoo
- Fintech startup Chime submits confidential filing for IPO Yahoo
- Brazil spends USD8b to stem market rout Lula sparked Yahoo
Digital assets
- Bitcoin imposter in contempt of court over UK lawsuit Edge Coindesk Cointelegraph
- Losses from crypto hacks jump to USD2.2b in 2024 Edge
- Bitcoin tests USD100k after Fed spurs worst drop since Sep Edge Coindesk
- Volatility index spiked 74% indicating upcoming bitcoin rally Coindesk
- Why altcoins are plummeting today Yahoo
- US spot-listed bitcoin ETF AUM almost surpasses gold ETFs Coindesk
- El Salvador to shut or sell Chivo wallet in USD3.5b IMF deal Coindesk Star
- Bitcoin Reserve Act may end crypto’s 4-year boom-bust cycle Cointelegraph
- The 1 true sign an NFT bull market is back on Cointelegraph
M&A and property
- Lotus Circular buys 2 waste recycling firms for RM100m Edge Star
- Pentamaster to privatise Hong Kong-listed unit Edge Star
- Catcha buys 70% of expo organiser Tastefully Edge NST Star
- Southern Steel shareholders should approve Green Esteel takeover Edge
- Depressed valuation sparks privatisation speculation about UEM Edgenta Edge
- Mah Sing buys Johor land from SP Setia for RM157m Edge Star
- Fuji Soft founding family affirms support for Bain’s hostile takeover Edge
- Navantia buys Titanic shipbuilder Harland & Wolff Edge
- US Fed, OCC use outdated criteria to assess bank mergers Edge
- Dealmakers eye USD4t M&A haul in 2025 Edge
- Foxconn in talks to buy Renault’s Nissan shares Yahoo
- Companies that spent billions on M&A are now selling for peanuts Edge
Malaysian financial market news
- Appellate court grants UEM Sunrise leave to challenge tax Edge
- US Fed’s hawkish pivot slightly negative for Malaysian market Edge
- Malaysia’s 9M2024 e-commerce income reaches RM918.2b Edge Star
- Malaysia’s domestic tourism soars with RM25.6b spent in 3Q Mail
- Malaysia-China trade grows 6.9% to USD98b Mail NST Star
- Malaysia-South Korea trade hits RM100.6b in 11M2024 Star
- Malaysia’s strong Nov export growth driven by pre-tariff trade NST
- Japan’s Taiyo Koko builds metal recovery centre NST
- NSRC receives report of 22k scams totalling RM147m in losses Star
- FIs blocked RM302m fraudulent, suspicious transactions Star
Asian financial market news
- Philippine central bank cuts rate by 0.25% Star
- China’s oil consumption to peak by 2027 Edge
- China introduces new rule for foreign accounting firms Edge
- China’s economic rebound hangs on the fate of its richest cities Yahoo
- Where will Trump and China drive commodities in 2025? Star
- Hong Kong central bank cuts interest rate tracking Fed move Edge Star
- Taiwan raises growth forecast, keeps interest rates unchanged Edge
- BOJ keeps ultra-low rates, few clues on hikes Edge Star
- India halts futures trading in key farm commodities until Jan Edge
- Asian central banks support their currencies Star
Other financial market news
- SK Hynix completes deal for USD958m US grant, loan Yahoo
- As TikTok runs out of options, McCourt plans to save it Yahoo
- Fed’s hawkishness to get louder in 2025 Yahoo Star
- US asks Nvidia to investigate how its chips ended up in China Edge
- US crude exports to Europe to fall in Jan as shipping economics weaken Yahoo
- Canada’s retaliation for Trump tariffs is biggest concern Yahoo
