Capital markets news | Thu 16 Jan 2025
Equity
- Colform fixes ACE Market IPO price at 36 sen Edge NST Star
- China’s trillions in deposits a lifeline for Hong Kong stock market Edge
- Venture Global to lead US energy IPO rebound from two-decade low Star
- Short-selling firm Hindenburg Research is closing up shop Yahoo
- Phone startup Nothing raises funds, crosses USD1b lifetime sales Yahoo
Debt and money markets
- U Mobile inks MOU with CIMB to finance 5G network roll-out Edge Mail NST
- Gamuda signs GBP500m loan for London office redevelopment Star
- Surging yields ripple into corporate bonds, delaying sales Edge
- Why some bond traders bet relentless selloff will soon lose steam Edge Star
- Pimco says own more bonds as Trump ushers in era of uncertainty Edge
Digital assets
- Bitcoin caught up in macro-driven sell-off, may fall further Coindesk
- Bitcoin could dip to USD70k, but current price a good entry point Cointelegraph
- Bitcoin power of 3 setup targets USD103k Cointelegraph
- More listed firms adopt bitcoin strategy Coindesk
- Thailand mulls allowing first bitcoin ETF in bid to boost sector Edge Cointelegraph
- Bitcoin vs the quantum computer threat Cointelegraph
- XRP hits 7-year high above USD3 Coindesk Cointelegraph
- Eight US blockchain lobby groups unite Coindesk
M&A and property
- Consortium extends MAHB takeover deadline to 24 Jan Edge Mail NST Star
- U Mobile will struggle with 5G network, may consider merger Edge
- Nippon Steel wants to work with Trump on US Steel deal Edge Mail
- NetApp selling some software assets to Thoma Bravo’s Flexera Yahoo
- Crypto options venue Deribit draws interest from buyers Edge Coindesk
- Canada clears USD34b Bunge-Viterra merger with conditions Edge
- Pfizer sells 7.7% of Sensodyne toothpaste maker Haleon for GBP2.5b Edge
- Tencent, Guillemot family mull Ubisoft asset venture Yahoo
Malaysian financial market news
- SC to unveil toolkit for sustainability reporting Edge Star
- Moderate export growth likely this year Star
- Malaysia’s new vehicle sales may slide 7% this year NST
- Malaysia’s aviation sector recovering, passenger traffic to soar in 2025 Edge
- ECRL Maran-Kota Bharu rail track completed ahead of schedule Edge
Asian financial market news
- Singapore must attract investors, expand wealth Star
- Bank Indonesia delivers surprise 0.25% rate cut to support growth NST Star
- China’s bold moves to revive economy amid sluggish growth Mail
- China opposes US ban on smart cars containing Chinese tech Mail
- Taiwan’s exclusion from US curbs on AI tech gives it confidence Edge Mail
- TSMC drives record investment into US, Japan in China decoupling Yahoo
- Japan likely to miss primary budget surplus target for FY2025 NST
- Tesla’s Asian rivals pull ahead in India’s nascent EV market Yahoo
Other financial market news
- US inflation data to remain firm, feeding fears of higher rates Star
- Cooling inflation data send stock, bond ETFs higher Yahoo
- US patent grants see growth, Samsung holds top spot NST
- US bans imports from 37 China firms due to alleged forced labour Edge
- Trump will create new agency to collect foreign source revenue Edge
- Trump’s tariff plans could fuel trade wars, raise import costs Mail
- Reckitt to boost US production on tariff risks Star
- Apple joins consortium to develop next-gen AI data centre technology NST
- Canada readies tariffs on USD105b of US products if Trump hits first Yahoo
- European hiring slowdown prompts profit warnings from UK recruiters Edge
- London Metal Exchange approves Bank of Montreal as member Edge
- UK retailers to raise prices over budget costs Star
- French premier buys time to pass 2025 budget with concessions Star
- Bayer faces billions in payouts for decades-old toxic mess Edge
- Ikea commits RM4.64b to revolutionise furniture waste recycling Mail
- Central Europe’s banks can withstand car sector turmoil Edge
- EU considers more bans on Russian exports Star
- AI and data centres to transform future of energy systems Edge