Capital markets news | Tue 21 Jan 2025
Equity
- ACE Market-bound Northern Solar’s fair value at RM1 Edge Star
- Foreign investors net sold RM1.33b stocks last week Mail NST Star
- Yinson FPSO unit allocates USD6b capex ahead of US IPO Edge
- Chinese soda maker Dayao considering USD500m Hong Kong IPO Edge
- London Metal Exchange approves Hong Kong as warehouse location Edge
- Generali’s investment committee backs Natixis deal Star
- Hedge funds have charged almost USD2t in fees since 1969 Edge Star
Debt and money markets
- Polisea Labuan assigned ‘a’ LECA rating RAM
- Vietnam debt pressure weighs on market Star
- Country Garden expects deal with creditors by end-Feb Edge NST Star
- Hong Kong’s New World quashes rumours it’s in debt restructuring Edge
- Trading in Vanke’s yuan bonds halted after prices surged 20% Edge
- America First stalls bond issuance bonanza in emerging markets Edge
- US bond traders bet Fed will raise rates Star
- Alacrity’s loan deemed safe before restructuring Star
Digital assets
- Jobstreet warns of emerging job scams from cryptocurrency fraud Edge
- Trump’s token surges to USD11.7b market cap Edge Mail Star Yahoo
- Trump entourage holds USD2.3t in memecoins Coindesk
- Trump-family memecoin sell-off has begun Coindesk
- Insider trading allegations surface on TRUMP memecoin Cointelegraph
- Bitcoin hits record above USD109k Mail
- Crypto investor doubts Trump will set up bitcoin reserve Yahoo
- Ether drops to 4-year low against bitcoin Coindesk
- America First Priorities exclude mention of crypto, bitcoin Cointelegraph
- US CBDC is dead under Trump, but stablecoins could explode Cointelegraph
M&A and property
- Scanwolf MD-linked vehicle triggers mandatory takeover offer Edge Star
- Mieco sells 2 pieces of industrial land in Kuantan for RM40m Edge Star
- MBSB Bank mulling sale of asset management business Edge
- Acceptance for MAHB takeover lowered to 85% Edge Mail NST Star
- Indonesia’s Bank Tabungan Negara to acquire Islamic bank Edge
- Glencore open to deals as investors brace for more mining M&A Yahoo
- Kretinsky’s EPH among those approached to buy Germany’s Uniper Yahoo
Malaysian financial market news
- SC releases sustainability reporting guide for company boards Edge NST Star
- Economists stay put on GDP projections for 2025 Star
- Trade performance smashes records with RM2.879t in 2024 Mail Star
- Minimal impact from US chip curbs on semiconductor sector Edge
- Labour market faces challenges posed by 3 paradoxes Edge
- Minimal govt funding for HSR, revival hinges on private participation Edge
- ECER records RM13.4b realised investments in 2024 Edge NST
- EPE Power-Lion Pacific among bidders for Johor Bahru LRT Edge
- MRCB wins bid for Ipoh Sentral Edge
Asian financial market news
- China’s BYD to complete USD1b Indonesia plant by year-end Edge
- Indonesia opens domestic carbon market to global investors Edge
- China steelmakers head for more production cuts as demand sags Edge Star
- China’s crude oil imports from top supplier Russia reach new high in 2024 Yahoo
- Bank of Japan poised to raise rates to highest in 17 years NST
Other financial market news
- Goldman Sachs is sounding and acting a lot more like private equity Yahoo
- Gary Gensler exits SEC, crypto-friendly Mark Uyeda is acting chair Coindesk
- Obscure Pentagon watchlist offers blueprint for China sanctions Yahoo
- Argentina marks record trade surplus at nearly USD19b Yahoo
- Oxfam report predicts growing wealth inequality Mail
