Capital markets news | Fri 31 Jan 2025
Equity
- Aquawalk eyes listing on ACE Market Star
- Yinson mulling spin-off of FPSO business Edge
- Eonmetall plans RM22m private placement for debt repayment, working capital Edge
- Ecobuilt plans 420.72m shares rights issue with free detachable warrants Edge
- MAHB to be delisted by Khazanah-EPF led consortium Edge Mail NST Star
- Key RE trends to set to shape IPO market NST
- TikTok to invest USD3.8b in Thailand data hosting project Edge
- Philippine fund to invest USD337m in China-backed grid firm Edge
- Investors who sleep on China may wake up too late Star
- Rakuten scraps plan to list securities unit on Tokyo bourse Yahoo
- India’s ITC Hotels slips in trading debut after spin-off NST
- SoftBank in talks to invest up to USD25b in OpenAI Edge Mail Yahoo
- OpenAI in talks to raise USD40b at USD340b valuation Edge Coindesk Yahoo
- AI startup ElevenLabs raises funds at over USD3b valuation Yahoo
- Customer intelligence platform Unwrap raises USD12m Series A Yahoo
- Automattic, others back social network integrator Openvibe Yahoo
- Nuclear fusion firm Helion raises USD425m at USD5.4b valuation Yahoo
Debt and money markets
- Hong Leong Financial Group’s RM3b CP programme rating withdrawn RAM
- MCIS Life’s A1, P1 ratings affirmed, outlook negative RAM
- RM1.08b disbursed to Sarawak-based MSMEs last year NST
- Microleap’s disbursement surges 101% to RM125m in 2024 NST Star
- DBS, OCBC arrange USD1b sustainability loan for Chandra-Glencore JV Star
- China’s Logan says creditors holding 66% debt agree to overhaul plan Edge
- Apollo unveils tokenized private credit fund Coindesk
- Why are US mortgage rates still so high? Yahoo
- PIMCO expects no disruption to LA muni bondholder payments after fires Yahoo
- Blackstone expects M&A boost for bond sales Star
- Eurozone banks tighten credit standards most since 2023 Edge
Digital assets
- Bitcoin rally knee-capped as Trump tariff threat hits risk assets Coindesk
- Bitcoin price taps USD106k as US GDP miss boosts bull case Cointelegraph
- Bitcoin drop under USD75k before Apr has under 10% chance Cointelegraph
- Czech National Bank to study bitcoin as reserve asset Coindesk
- ECB president confident bitcoin will not enter central bank reserves Cointelegraph
- Tether launching USD140b stablecoin on bitcoin and lightning networks Coindesk
- Avalanche blockchain’s Dec upgrade cut usage fees by 75% Coindesk
- US SEC gives initial approval to combined bitcoin, ether ETF Edge
- Fed chair calls for Congress to move on crypto regulatory apparatus Cointelegraph
- Domain registration startup D3 raises USD25m to launch Doma blockchain Yahoo
- Crypto.com to delist USDT and 9 tokens in Europe on 31 Jan Cointelegraph
- Ethereum’s Pectra hard fork explained Cointelegraph
M&A and property
- Malakoff extends E-Idaman stake purchase deadline for fourth time Edge
- All eyes on Vertical Theme’s next move in Alliance Bank Edge
- Trump says Microsoft is in talks to acquire TikTok Edge
- Buyout firm NGP seeks USD2b sale of gas producer Camino Yahoo
- US upstream oil and gas dealmaking hit USD105b in 2024 Yahoo
- US DOJ sues to block Hewlett Packard’s USD14b Juniper deal Edge
- Uber-backed startup Moove buys Brazil’s Kovi in share deal Yahoo
- LVMH sells Stella McCartney stake to founder after downturn Edge
- Swiss firm SGS ends talks over USD30b merger with Bureau Veritas Star
- ING to take EUR700m profit hit to sell Russian business Edge
Malaysian financial market news
- Producer price index rises 0.5% in Dec 2024 Star
- Analysts see cooling demand for auto sector in 2025 Edge Star
- Penang remains top exporter in Dec 2024 with 38% contribution Star
- BNM imposes over RM2.5m in penalties for regulatory breaches Edge Mail NST Star
- Stable upstream in Petronas Activity Outlook 2025-2027 Edge Star
- TH Plantations’ unit sued for RM230m in native land dispute Edge
Asian financial market news
- Fewer retrenchments in Singapore in 2024 than in 2023 Star
- Worries emerge on Indonesia’s threshold deficit Star
- Thailand’s high-speed rail to China set for 2030 Mail
- Philippines agriculture output down 2.2% in 2024 Star
- Asean a global economic powerhouse in the making Star
- Rare China support shows developer Vanke may be too big to fail Edge
- China’s fossil-fuelled power output may fall in 2025 Star
- China’s CXMT memory chip breakthrough beats US export controls Edge
- China’s big EV push into Europe fizzles out on tariffs, slowdown Yahoo
- China to help spur innovation of NEVs Star
- DeepSeek sends 2 big signals that shatter tech investor assumptions Yahoo
- Hong Kong’s slump in fees reflects intensifying banking competition Edge
Other financial market news
- Australia business conditions improve in Dec NST
- Australia inflation may decide RBA rate cut and election timing Star
- US Fed pauses rate cuts as Trump’s policies spark inflation fears Mail
- Fed’s wait-and-see approach won’t be shaken by GDP, inflation numbers Yahoo
- Trump pledges tariffs much bigger than 2.5% and on key sectors Edge
- Trump officials discuss tighter curbs on Nvidia’s China sales Edge Yahoo
- Juul wins order banning US imports of Altria vaping devices Edge
- Former senator Bob Menendez gets 11 years in prison for bribery Coindesk
- Trump’s 25% tariff vows send Canada, Mexico FX tumbling Yahoo
- Oracle debuts new AI agents Yahoo
- Chevron to build gas plants to power data centres Yahoo
- UK eyes third Heathrow runway in growth takeoff bid Mail NST
- HSBC to shutter some investment banking units in Europe, US Edge NST
- Trump’s tariffs, China’s AI push EU towards business-friendly reforms Mail
- Macrotrends shaping global labour market Edge
- Global energy transition investment exceeded USD2t last year Yahoo
- IEA under pressure to cut energy transition focus Yahoo
- DeepSeek reveals how badly AI needs energy Star
