Capital markets news | Fri 17 Jan 2025
Equity
- CBH Engineering ends 20% higher on debut Edge NST Star
- Tanco plans 7-for-5 bonus issue as share price hits 27-year high Edge
- Bintai Kinden gets approval for regularisation plan Edge NST
- Asian hedge funds’ 2024 performance best in 15 years Edge
- Investors seek USD5b for basketball league to rival NBA Edge Yahoo
- Crypto trading platform EToro files for NYSE IPO at USD5b valuation Coindesk
- Legal AI startup Harvey set to double valuation to USD3b Yahoo
- Citi’s Banamex IPO may stretch into next year Star
Debt and money markets
- Bumitama’s sukuk AA2 rating affirmed RAM
- Aeon Credit issues RM150m sukuk Edge
- China Vanke has no plans to extend bonds amid market slump NST
- Coinbase to offer bitcoin-backed loans through Morpho Coindesk
- US gives USD23b in loans to energy utilities across 12 states Yahoo
- Cosan unloads Vale stake to reduce debt Yahoo
Digital assets
- US Senator pushes federal agencies on digital assets issues Coindesk
- Solana, XRP jump as Trump mulls strategic crypto reserve Coindesk Cointelegraph
- Litecoin ETF could attract up to USD580m inflows Coindesk Yahoo
- Bank of Japan’s rate hike could derail bitcoin momentum Coindesk
- Trump Treasury pick rubbishes central bank digital currency Coindesk Cointelegraph
- Bitcoin strategic reserve bill introduced in Oklahoma Cointelegraph
- Arkansas lawmakers float bill to ban mining near military facilities Cointelegraph
- Bitcoin price will hold USD100k after 3 key events Cointelegraph
M&A and property
- Alliance Bank’s top shareholder Vertical Theme mulling sale to DBS Edge Star
- SBH Marine buys land in Penang for new corporate office Edge Star
- Singapore’s Green Esteel controls Southern Steel Edge
- Advanced Info, Thaicom want investors to reject merger Edge
- Xiaohongshu stake sale talks value TikTok rival at USD20b Edge NST
- KKR could join Seven & i management buyout after Apollo Edge
- Rio Tinto shares fall after report of Glencore deal talks Yahoo
- CC Capital raises Insignia offer, tops Bain’s takeover bid Yahoo
- Tencent stake in Skydance-Paramount draws lawmaker scrutiny Yahoo
- Chinese buyers interested in Volkswagen’s German factories Edge Mail
- Texas-based Presidio buys Italy’s Hellas Verona football team Edge
Malaysian financial market news
- GDP growth at 4.5% in 2025 Star
- Ringgit undervalued against US dollar by 12% Edge
- RM4t capital market propels growth for businesses, investors Edge
- SSM unveils 3 new criteria for private companies’ audit exemption Edge NST
- Govt to address R&D, commercialisation and innovation gaps Edge Mail
- More fast-paced courses, micro-credential programmes needed in AI age Edge
- Japanese firms rank Malaysia as Asean’s profitability leader Mail NST
- Feb crude palm oil export duty stays at 10% NST Star
- TNB’s 102MW UK solar farms launched Star
Asian financial market news
- Marine fuel sales at Singapore bunker hub hit record highs in 2024 Yahoo
- Thailand to launch new carbon credits market to boost trading Edge
- Indonesia issues regulation to implement global minimum tax Edge
- Asean DEFA to double digital economy to USD2t by 2030 Mail
- Asean-BAC renews push for Asean business entity initiative Edge Mail NST
- China poised to open up further Star
- China Vanke’s CEO detained by authorities Edge
- China investigates US chip subsidies Mail Yahoo
- China’s Zhipu strongly opposes inclusion in US export control list Yahoo
- Hong Kong considers tax hike for top earners Star
- Japan chip tool makers turn cautious on China uncertainty Yahoo
- India’s palm oil imports dive as refining margins bite Mail
Other financial market news
- US economy resilient, optimism on 2025 rate cuts, GDP at 3% Yahoo
- Chinese tech firm founded by Huawei veterans in FBI’s crosshairs Edge
- US blacklists Chinese firms over TSMC chips in Huawei processor Edge Mail NST
- US consumer inflation rises in Dec but underlying pressures ease Mail Star
- Inflation revival persists as market risk Star Yahoo
- Hino Motors reaches RM7.2b US diesel emissions settlement Mail
- US trade representative says China’s shipbuilding sector hurts US Yahoo
- BP to eliminate about 5% of workforce to cut costs Edge NST
- Germany’s distress levels to rise as pain subsides in Europe Edge
- Italy’s public debt over EUR3t for first time NST
- Italy’s data centres to add EUR10b investments in 2025-26 Yahoo
- Mubadala, Getir founders clash in renewed fight over assets Yahoo
- EU can stand up to US, China with integrated energy market Edge
- EU needs deregulation to keep up with Trump Yahoo
- Car plants in Europe, North America face closures in 2025 Edge
- Net-Zero Banking Alliance to explore next steps after exodus Edge
