Capital markets news | Mon 13 Jan 2025


Equity

  • PublicInvest values Oriental Kopi at 70 sen, 59% premium NST
  • Ultraman toymaker Bloks surges after blockbuster HK IPO Edge
  • Asia and EMs offer compelling value Star
  • Inflation report could rattle US markets after bond yields climb Edge
  • Venture Global to pitch USD110b valuation to IPO investors NST
  • Sinking US equity risk premium rings alarms Star
  • Global stocks to rally 10% by end-2025 Edge

Debt and money markets

  • AME REIT to establish RM1b sukuk programme Edge Star
  • Country Garden yet to get key bondholders’ support for debt plan Edge
  • Chinese developers begin new year with deepening debt woes Edge
  • China’s central bank halts bond buying Star Coindesk
  • What’s going on in the bond market? Yahoo
  • Bonds simmer as payrolls offer reality check Yahoo
  • US bond yield surge prompts some companies to delay debt sales Edge
  • UK savers pile into bonds as markets brace for more turmoil Yahoo
  • Risky UK mortgage bonds face cash flow pressure on arrears Yahoo
  • Zambia’s SEC sanctions StanChart over China property bonds NST

Digital assets

  • Unmasking the danger of privacy coins Star
  • Bhutan’s crypto reserve could pave way for economic growth Coindesk
  • 3 Russians face money laundering charges Coindesk
  • US-listed bitcoin miners make up 25% of global network Coindesk
  • 10m human users verified on World Network Cointelegraph
  • Bitcoin trader warns risk is peaking in crypto cycle Cointelegraph
  • Indian crypto exchange Mudrex suspends withdrawals Cointelegraph

M&A and property

  • OSK Property buys 26.33ha in Sungai Petani for RM14.17m Edge
  • Sime Darby Property buys Selangor warehouses for RM232m Edge NST Star
  • GDA nearing 90% acceptance for MAHB NST Star
  • Is there an Alliance in the works? Star
  • M&As in the spotlight Star
  • Hong Kong’s Chow Tai Fook to sell stake in Australia’s Alinta Energy Edge
  • SK Group to sell part of Vingroup stake Edge
  • Apollo weighing USD9.5b stake in Seven & i buyout Edge Mail
  • Adani to sell 20% of Adani-Wilmar for USD833m Edge
  • Constellation Energy buys Calpine for USD16.4b Edge Yahoo
  • Bain matches CC Capital’s USD1.8b offer for Insignia Yahoo
  • Biogen offers to buy remaining Sage stake in USD442m deal Yahoo
  • Biden delays enforcement of Nippon Steel-US Steel order Edge Mail NST
  • US sues to block corporate travel company merger NST
  • Prada could be weighing purchase of Versace Edge Mail

Malaysian financial market news

  • Malaysia targets over 5% economic growth in 2025 Mail Star
  • Malaysia’s IPI up 3.6% in Nov 2024 Star
  • BMI expects BNM to hold OPR at 3% on 22 Jan Mail
  • Economists expect industrial output growth to maintain uptrend Edge
  • Robust growth for Malaysia’s tech sector in 2025 NST
  • Malaysia imposes anti-dumping duties on tinplate imports Edge
  • Malaysia’s palm oil exports fell 10% in Dec Mail Star
  • Malaysia to use fintech in Asean deals Mail
  • Capture fisheries sub-sector nets RM12.8b in 2024 Mail
  • Give GLICs the green light to ramp up overseas investments Star
  • U Mobile to deploy 7k 5G sites Edge NST Star
  • Vitol cut costs by taking aluminium from LME’s warehouses Edge
  • Tenaga Nasional unit gets additional RM292m tax bill Edge NST Star
  • Petronas, Petros hydrogen venture given May deadline Edge
  • Petronas capex cut up to RM10b after Petros gas deal Edge

Asian financial market news

  • WTO favours EU over Indonesia’s palm oil restrictions Star
  • London is natural home for Chinese finance Mail
  • China Evergrande’s key unit ordered to liquidate by HK court Edge
  • India names Diageo, Sequoia Capital in bribery case Edge

Other financial market news

  • ANZ sees Feb rate cut for Australia Star
  • 9 once-hot economic metrics that have cooled off Yahoo
  • US added 256k jobs in Dec, blowing past 160k estimate Coindesk
  • US hits Russian oil with toughest sanctions Edge
  • HPE wins USD1b AI server deal for X Edge
  • BlackRock leaves major climate group amid Wall Street exodus Edge
  • Federal regulators just got a new sign that their power is weakening Yahoo
  • Canada has counter-tariffs ready if Trump launches trade war Yahoo
  • Brazil signs law authorising offshore wind development Star
  • Brazil central bank says tightening cycle to be guided by target Star
  • UK banks borrow record GBP51.4b from BOE repo programme Edge
  • Deutsche Bank tweaks bonuses to emphasise teamwork Edge
  • Germany records highest company insolvencies since financial crisis Edge
  • Swiss banks struggle with lower margins Edge
  • Turkiye central bank cautions on market’s rate expectations Star

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