Capital markets news | Mon 23 Dec 2024
Equity
- CBH Engineering’s ACE Market IPO priced at 28 sen Edge NST Star
- Singapore’s V Medical Aesthetics mulls IPO in Malaysia Edge
- Bursa wraps up 2024 with 55 IPO listings, highest in 19 years Edge NST Star
- Singapore stocks’ best year since 2017 masks downbeat outlook Edge Star
- Australia Exchange unable to resolve settlement issue Edge Yahoo
- LNG producer Venture Global files for IPO on NYSE Yahoo
- SPAC kings who delivered 99% losses are raising billions again Yahoo
- Twin boom-and-bust hits USD10t ETF industry in overdrive Edge
- FedEx to spin off its freight trucking business Edge Star
- Rumble gets USD775m strategic investment from Tether NST Coindesk
- BlackRock writes down flagship renewable fund Edge
- Europe’s big stocks fade behind US megacaps Star
Debt and money markets
- Cerah Sama’s AA- rating affirmed MARC
Digital assets
- Cryptocurrencies trending up in eurozone Mail
- Bitcoin price hits USD99.5k after record ETF outflow Edge Coindesk Cointelegraph
- Bitcoin social sentiment drops to yearly low, signalling breakout Cointelegraph
- China’s economic woes offer hope as Fed rate talk crashes bitcoin Coindesk
- Quantum computing will fortify bitcoin signatures Cointelegraph
- Stablecoin firm Tether diversifies into AI platform Coindesk
- Ethereum NFT collections drive weekly volume to USD304m Cointelegraph
M&A and property
- M&A deals seen rising Star
- Catcha buys 60% of automotive digital media firm for RM16.2m Edge Star
- Edelteq buys remaining 30% of EVSB for RM132.5m Star
- Will these acquisitions pay off? Star
- MAHB independent directors recommend reject takeover Edge Mail NST Star
- MKHOP’s plantation land deals in the pipeline Star
- Honda, Nissan to announce launch of integration talks today Yahoo
- Foxconn interest in Nissan on hold amid Honda merger talks Edge Yahoo
- Nippon Steel alleges undue White House influence in US Steel deal Edge
- Cathie Wood predicts wave of startup M&A after Trump election Edge
- Big Lots sale to Nexus falls apart, plans to close business Edge
- UK watchdog questions USD35b Synopsys-Ansys deal Yahoo
- News Corp to sell Foxtel to Britain’s DAZN for USD2.1b Yahoo
- Nvidia gets unconditional EU nod to buy Run:ai Edge Yahoo
- BNP Paribas signs EUR5.1b deal to buy Axa’s asset manager Edge
Malaysian financial market news
- MyCC warns stern action against cartel activities by associations Edge
- Electricity tariff unchanged in 1H2025, new tariff structure in 2H Edge
- Malaysia’s inflation rate slightly up to 1.8% in Nov Mail Star
- US’ push and Malaysia’s digital asset framework NST
- BNM international reserves slip to USD118.1b at 13 Dec NST Star
- Significance of evolution from BPO to GBS NST
- Malaysian aviation’s passenger traffic to fully recover in 2025 NST
- Tentative date of Mavcom-CAAM merger set NST
- Palm oil prices to average RM4,600 in 2025 NST
- Cheaper hydrogen production costs target Star
- Higher gold prices expected to boost Malaysia’s exports Star
- Demand for property to remain steady in 2025 Star
Asian financial market news
- SingPost fires CEO, execs after whistleblowing report Edge
- China leaves benchmark lending rates unchanged in Dec Star
- China property flare-ups resurface as crisis enters fifth year Edge Star
- Chinese aspirin costing under a cent shuts out foreign firms Edge
- China lifts rock lobster ban, ending Australian trade barriers Mail
- Litmus test for China Star
- Solar firms eye options in emerging markets Star
- Japan’s antitrust watchdog to find Google guilty in search case Edge
- Japan’s core inflation accelerates, keeps BOJ rate hike chance alive Star
Other financial market news
- Australia to delay new climate targets following Trump’s return Yahoo
- Trump slams Panama’s canal fees, threatens takeover Mail Yahoo
- Trump names council of economic advisers chair Cointelegraph Yahoo
- Trump appoints exec director of presidential council on digital assets Yahoo
- Biden mulls tariff break for solar modules from Mexico Edge
- Samsung, Texas Instruments finalise Chips Act awards deals Edge Yahoo
- Google offers to loosen search agreements Star
- Natural gas demand for US LNG to fall Yahoo
- Wells Fargo departs climate banking group Yahoo
- Office rebound expected in 2025, other real estate stocks in trouble Edge
- Stellantis reverses Ohio layoffs after CEO’s departure Edge Mail NST Star
- VW, union agree to cut capacity and keep German plants open Edge Mail
- Gerhardi’s demise shows how auto suppliers are hit Star
- Ex-IMF chief Rato sentenced to new prison term over corruption Edge
- Italy fines OpenAI EUR15m over privacy rules breach Edge Mail
- Europe’s EV battery future hinges on Chinese investment Mail
- EU ready to strengthen ties with US, focus on energy sector Yahoo
- Europe’s gas traders on edge over Russia flows in 2025 Edge
- Türkiye granted exemption by US on Gazprombank sanctions Edge
- Hedge fund bets on Trump-linked currency shorts Star
- Green hydrogen goes from hyped to humbled on eye-popping costs Star