Capital markets news | Tue 31 Dec 2024
Equity
- Mercury expects positive trading conditions to continue Edge
- Local institutions in buying streak on Bursa for 10th week Edge NST Star
- Yibin City Commercial Bank raising USD240m in Hong Kong IPO Edge
- Taiwan finance chief urges lawmakers to renew day-trader tax cut Edge
- Pakistan-Dutch egg firm eyes IPO to raise output by 71% Edge
Digital assets
- Bitcoin rally loses steam as year draws to close Edge Cointelegraph Yahoo
- Bitcoin drops to USD92k as long-term holders keep taking profit Coindesk
- Bitcoin to hit record USD185k in 2025 as nation states buy Coindesk
- US debt ceiling looms in signal for bitcoin cycle bottom Coindesk
- US bitcoin strategic reserve could push bitcoin to USD1m Street
- Crypto scammers now stealing from other crypto thieves Coindesk
- AI agents capture attention as AiXBT, ai16z, and Virtuals surge Coindesk
- Decentralised exchange volume hits record USD462b in Dec Cointelegraph
- Crypto isn’t really an asset like gold Yahoo
M&A and property
- Sarawak to complete MASwings takeover by 1Q Edge
- Gamuda buys land from MUI-Chin Teck JV for RM424m Edge NST Star
- Well Chip buys 3 Perak pawnshops for RM63m Edge
- YNH Property sells Perak lands for RM63.5m Star
- Apex Equity buys Bangsar South office building for RM50m Edge NST Star
- Samsung becomes largest shareholder of Rainbow Robotics Yahoo
- Questions raised over merger of Honda, Nissan Star
- Adani plans USD2b exit from Singapore’s Wilmar JV Edge Star
- Nvidia closes USD700m Run:ai acquisition Edge
Malaysian financial market news
- Petronas reviewing productivity in potential downsizing Edge Star
- Record automotive sales of 805k units in 2025 Edge
- Samaiden wins 99.99MW Kelantan LSS5 project Edge NST Star
- Gadang JV wins 15MW solar project in Tawau Edge NST
- Travel by private jets becoming feasible NST
- Malaysia, China law firms bridge legal systems gaps Star
Asian financial market news
- Singapore to invest in maritime, aviation hub Star
- No evidence of Thai bank transactions for Myanmar weapons Edge
- China’s local governments pushed to give cash handouts Star
- SK Group chief warns of low growth as new normal Star
- Japan manufacturing PMI rose to 49.6 in Dec NST
- India’s Bharat buys Middle East crude to replace Russian shortfall Edge
Other financial market news
- Vanguard reaches deal with US regulator over bank stakes Star
- US bank insiders leak client data as scams surge Edge
- US Treasury breached by Chinese-backed hacker Yahoo
- No great economic outlook for US in 2025 Yahoo
- 10 charts that tell the story of US markets and economy Yahoo
- Cheniere produces first LNG at Corpus Christi Stage 3 project Yahoo
- Almost 170k UK retail jobs axed in 2024 Star
- ECB’s Knot says trade war could export China deflation to Europe Edge
- Property catastrophe reinsurance to fall 5-15% Edge
- Story Protocol helps AI firms license and pay content creators Cointelegraph
- Oversupply to send Brent down to USD73 in 2025 Yahoo
