Capital markets news | Tue 4 Feb 2025
Equity
- SPB Development gets approval for Main Market listing Star
- MMC Port hires CIMB, Maybank for IPO Edge NST
- Foreign investors net sold for 15th week, slowed to RM503m Edge NST Star
- PHB eyes RM25b in assets under management NST
- PN17-status KNM still working on regulation plan Star
- Saudi Arabia’s Derayah Financial Co launches high-profile IPO Star
- Templeton Global Investments to manage Uzbekistan’s national fund NST
- Trump orders creation of sovereign wealth fund Edge Coindesk
- Global hedge funds dump everything but real estate stocks Yahoo
Digital assets
- Bitcoin bounces above USD100k as trade war tensions ease Coindesk
- Chance of bitcoin tanking to USD75k doubles with trade war Coindesk
- Bitcoin dominance nears 4-year high Cointelegraph
- Trump’s trade war will send bitcoin price violently higher Cointelegraph
- Bitcoin could hit USD250k because govts forced to print money Yahoo
- Bitcoin will reach 90% global adoption in 5 years Yahoo
- Crypto market liquidations likely reached USD10b Cointelegraph
- Real-world asset tokens lead crypto rebound Coindesk
- Ether volatility explodes to over 100% as price crashes Coindesk
- Crypto exchange Coinbase secures spot on UK crypto register Coindesk
M&A and property
- US-based logistics firm AGS acquires 15% of KGW Edge Star
- Mulpha sells shopping centre, marina in Australia for RM233m Edge Star
- KJTS buys Malakoff’s energy-efficient cooling unit for RM66m Edge NST Star
- AMMB calls off RM1.12b AmMetLife sale to Great Eastern Edge NST Star
- SD Guthrie buys 48% of Dutch firm Marvesa for RM250m Edge NST Star
- Trump says new US sovereign wealth fund could play role in TikTok rescue Yahoo
- L’Oreal sells EUR3b of Sanofi stock back to drugmaker Edge
Malaysian financial market news
Asian financial market news
- Indonesia shifts USD61b of state assets into new fund Edge
- Indonesia’s dash for growth may prove costly Star
- Indonesia’s Jan inflation at 0.76%, lowest since 2000 Star
- China’s Caixin manufacturing PMI fell to 50.1, lowest in 4 months Star
- Beijing to file lawsuit against latest tariffs Star
- China’s exports to over 160 countries, regions achieve growth in 2024 Star
- China to propose restoring 2020 Phase 1 trade deal with US Star
- Samsung chief found not guilty in merger case Edge
- India assessing whether global tax deal can work after US withdrawal Edge
- India working on affordable AI models to rival ChatGPT and DeepSeek Edge
- Asean manufacturing records softer growth in Jan Star
Other financial market news
- Trump’s consumer watchdog freezes CFPB activity on first day of job Yahoo
- Trump’s unprovoked tariff war is bad news for the entire world economy Mail
- US delays tariffs on Canada after good call between Trump, Trudeau Yahoo
- Trump tariffs to hit tech heavyweights, chip giants could be next Yahoo
- Trump targets loophole Temu, Shein used to take on Amazon Edge Star
- Trump not likely to impose tariffs on UK Star
- Musk says DOGE halting Treasury payments to US contractors Edge
- OpenAI releases AI agent designed to act like a research analyst Edge Star
- Virginia bank prescribes cannabis to close revenue gap Yahoo
- Tesla sales plunge 63% in France, with only 1,141 cars sold in Jan Edge
- Shein to face EU consumer law probe under e-commerce crackdown Edge
- Power cables a source of eurozone tensions Star
- Europe soaked up nearly all US LNG exports last month Yahoo
- OPEC+ sticks to oil policy, ditches US government data Yahoo
