Capital markets news | Tue 7 Jan 2025
Equity
- CBH Engineering’s IPO oversubscribed 34 times Edge Star
- Wawasan Dengkil inks underwriting agreement with M&A Edge Star
- TechStore signs underwriting agreement with M&A NST Star
- ACE Market-bound Oriental Kopi sets price at 44 sen Edge Mail NST Star
- Foreign investors sold RM427.1m last week NST Star
- Ecobuilt’s auditor flags going concern doubt Edge
- Chinese exchanges ask big fund managers to restrict stock selling NST Star
- Space industry funding in India falls 55% in 2024 Yahoo
- CATL, HDB Financial to headline busy year of Asian listings Edge
- Trader who made billions in 2008 returns to bet on market swings Edge
Debt and money markets
- Pernas gave RM461m financing to franchise entrepreneurs Star
- OCBC first bank in Singapore to sell bespoke tokenised bonds Edge
- Singapore-based Digital Edge raised USD1b debt Edge
- Hong Kong-based Logan proposes USD8b offshore debt restructuring Edge
- Dai-ichi Life sells JPY500b long bonds at JPY140b loss Star
- Asia-Pacific borrowers kick off rush of global dollar bond sales Edge
- US 30-year bond yield highest since 2023 Edge
- Bond market signals trouble ahead Yahoo
- Mexico sells record USD8.5b in 3-part bond offering Yahoo
Digital assets
- Ni Hsin seeks SC nod on fundraising via token crowdfunding NST
- Bitcoin returns above USD100k as crypto rebound continues Edge Coindesk
- Trudeau’s departure in Canada opens possibilities for crypto Coindesk
- SOL worth USD227m moved to centralised exchanges Coindesk
- Ripple’s Garlinghouse touts Trump effect amid bump in US deals Coindesk
- Bitcoin miner CleanSpark’s stash hits 9,952 as hashrate grows Cointelegraph
- Gemini fined USD5m by CFTC over false, misleading statements Cointelegraph
- MiCA can attract more investment despite overregulation concerns Cointelegraph
- Dogecoin jumps 21% as whales accumulate Cointelegraph
- Trader turns USD2k into USD3.2m in 10 hours on metaverse token Cointelegraph
M&A and property
- Consortium gives MAHB shareholders 7 more days Edge NST Star
- Citaglobal buys 55% of German waste-to-energy firm Lawi Edge
- Keyfield buys platform supply vessel for USD17.6m Edge NST Star
- Sime Darby to buy Ingress’ BMW and Mini operations Edge
- KLCC Property buying Bandar Malaysia for over RM10b Edge
- SingPost cautions no certainty over sale of assets Edge
- Japanese oven maker offers USD1.6b for Fujitsu’s air-conditioner unit Edge Yahoo
- Australia’s Insignia gets USD1.8b bid from CC Capital Edge NST
- US Steel, Nippon allege Biden violated constitution Edge Yahoo
- Disney agrees to merge Hulu+ Live into Fubo, settles Venu suit Edge Yahoo
- China’s WuXi sells Ireland vaccine facility to Merck for USD500m Edge
Malaysian financial market news
- Aizo selected by EC to develop 99.99MW Perak solar plant Edge NST Star
- Demand for Malaysian palm oil could rise if Indonesia raises exports levy Edge
- Petronas adopts cautious approach in capex spending NST
- Leong Hup granted leave to review MyCC’s price-fixing decision Star
- Toyo Ventures issues dispute notice to Vietnamese govt over power plant Edge
Asian financial market news
- Rise in mortgage refinancing in Singapore Star
- Bank of Thailand ready to adjust rates if outlook shifts Star
- China’s Caixin services PMI rose to 52.2 in Dec Star
- China’s central bank outlines monetary priorities for 2025 Star
- Hong Kong budget deficit to be under USD13b Star
- Taiwan’s nuclear exit paves way for more gas Edge
- What emerging markets must prioritise in 2025 Yahoo
Other financial market news
- Australian PM unveils USD4.5bil highway upgrade as polls loom Star
- Fed officials signal more gradual approach to lowering rates Yahoo
- US Fed’s Michael Barr to step down as vice chair for supervision Coindesk Yahoo
- Trump says his tariff policy won’t be pared back Edge Yahoo
- US plans more sanctions on tankers carrying Russian oil Edge NST
- US adds Tencent, CATL to list of Chinese firms aiding military Edge
- Amazon, HERE sign USD1b deal for AI mapping, location services Yahoo
- Polymarket users bet Canada’s Trudeau will resign by Fri Coindesk Cointelegraph
- Trudeau resignation opens door to Trump going easy on tariffs Yahoo
- EV sales surge in UK as carmakers slash prices to dodge fines Star
- Italy plans USD1.6b SpaceX telecom security services deal Edge
- European gas storage sites dwindle at fastest pace since 2018 Edge
