Capital markets news | Wed 15 Jan 2025
Equity
- Oriental Kopi’s ACE Market IPO oversubscribed 59.96 times Edge Mail NST Star
- Powertechnic files draft prospectus for ACE Market IPO Edge Star
- Yinson gets USD1b investment from Abu Dhabi consortium Edge NST Star
- Crypto bank Sygnum gets unicorn status with USD58m round Coindesk
- Grab-backed Super Bank mulling Jakarta IPO this year Edge Yahoo
- China’s securities regulator vows efforts to stabilise market Edge Star
- India’s USD556b equity rout seen worsening as growth cools Edge Star
- Arafura Rare Earths gets AUD200m in funding from Australia Edge
- US IPO market rebound faces a reality check as yields spike Edge
- Space firm Loft Orbital raises USD170m to scale up launches Edge
- Goanna seeks USD1.3b for bets on highly coveted startups Star
- Intel to spin off USD5b venture capital arm Yahoo
- AI dominant in funding investments Star
Debt and money markets
- PKPP’s RM650m sukuk AA3(s) rating affirmed RAM
- Bank Islam, Solar Voltech ink RM105.2m solar financing agreement Edge Star
- Foreign holdings of MGS remain healthy Star
- China’s new loans drop for first time in 13 years on weak demand Edge Star
- BofA sees duration risk curbing demand for corporate bonds Edge
- Elite US prep schools flood muni market after regional bank tumult Star
- UK pays highest real yield in decades after market sell-off Edge
Digital assets
- Johor engineer loses RM9.5m to cryptocurrency scam NST
- Dogecoin, XRP lead crypto rebound, bitcoin tops USD96k Coindesk
- Bitcoin poised to dip further as inflation looms Cointelegraph
- Fundstrat’s head of research sees bitcoin reaching USD250k Coindesk
- Options tied to BlackRock’s bitcoin ETF surge Coindesk
- JPMorgan’s Dimon still sees no value in bitcoin Coindesk
- Solana, XRP ETFs may attract billions in new investment Cointelegraph
- Prediction markets have a gambling problem Coindesk
M&A and property
- SMI bidder granted more time for takeover documentation Edge
- Chiew Ho buys 57.27% of AYS Ventures Star
- China discusses sale of TikTok US to Musk Edge Mail NST Star Yahoo
- I Squared Capital to make buyout offer for Hong Kong-listed HKBN Yahoo
- Wall Street bankers say merger outlook has already jumped in 2025 Yahoo
- Cleveland-Cliffs eyeing all-cash bid for US Steel Edge
- MoonPay buys crypto payment processor Helio for USD175m Coindesk
- Biogen CEO sees no burning need for more acquisitions Yahoo
- Bankers prep GBP3b debt on Reckitt Homecare unit sale Edge
Malaysian financial market news
- Maybank projects GDP growth at 4.9% Star
- BMI projects GDP growth at 5% Star
- Stanchart projects GDP growth at 5% Star
- BNM likely to tighten monetary policy Star
- HSBC projects ringgit to stay at RM4.60 Mail
- Stanchart projects ringgit to strengthen to RM4.40 Star
- Malaysia-UAE CEPA set to boost bilateral trade by 60% Star
- Committee set up to study Contracts Act amendments Edge
- Demand for renewable energy expected to rise Star
- CPO production likely to increase 3% this year Star
- Air passenger numbers set to rise by 20% to 113m in 2025 NST
- YTL Power-Sea digital bank secures regulatory nod for operations Edge NST Star
Asian financial market news
- Singapore’s single family offices climbed to 2,000 last year Edge
- China’s exports to Vietnam surpass Japan Star
- China offers coupons, targets silver economy to boost spending Mail
- China’s Fortune Land mulls court-ordered debt restructuring Edge
- Mitsubishi quits China metal trading after copper fraud Edge
- South Korea jobless rate jumps to 3-1/2-year high in Dec Yahoo
- Japan manufacturers’ mood rebounds in Jan, outlook stays flat Yahoo
Other financial market news
- US Dec CPI report expected to show sticky inflation Yahoo
- Biden administration finalises US crackdown on Chinese vehicles Edge Yahoo
- US tightens AI chip exports to curb China, draws global backlash Mail
- Surging US bond yields promote fiscal sanity Star
- French auditor says EDF must not rush into new nuclear projects Edge
- Investor climate group suspends activities after BlackRock exit Edge Star
- Global electric car sales jump 25% in 2024 Mail Yahoo
- Oil shipping rates surge after US sanctions tighten global fleet Star Yahoo
