Capital markets news | Fri 7 Feb 2025
Equity
- Northern Solar up 25% on ACE Market debut Edge NST Star
- TechStore’s ACE Market IPO oversubscribed 100 times Edge Star
- Scomi Energy to be delisted on Feb 12 Edge
- Norway’s USD1.8t fund quit 49 companies over ESG risk Edge
- Biggest risk for markets is DeepSeek-like event Edge
- Traders see tariffs, inflation as 2025’s biggest market movers NST
- Strategy’s convertible preferred stock to be listed on Nasdaq Coindesk
- Trump wants to close a favourite tax break of hedge fund managers Yahoo
- Financial research startup Model ML gets USD12m Yahoo
- Enterprise AI startup TrueFoundry raised USD19m Yahoo
- Hedge funds slam enormous burden of ESG in new era of pushback Star
- German healthcare software maker Avelios gets EUR30m Series A Yahoo
Debt and money markets
- MUFG Malaysia upgraded to AAA RAM
- Loan growth uptrend Star
- Bina Puri seeks to restructure debt with Exim Bank Edge Star
- Seven & i consortium taps BofA, Citi for financing Edge
- Banks sold USD5.5b debt for Twitter 2022 buyout Yahoo
- Average US 30-year mortgage rate falls to 6.89%, third straight week Yahoo
Digital assets
- Tiger21 founder says ultra-rich are bullish on bitcoin Coindesk
- Bitcoin chart signals decisive price move in coming weeks Cointelegraph
- Bitcoin will be worth nothing in 10 years Yahoo
- XRP price outlook grim as traders go short, exchange inflows increase Coindesk
- XRP price analysts bullish on USD5 next, long-term target of USD18 Cointelegraph
- Franklin Templeton seeks SEC approval to launch new crypto index ETF Yahoo
- Donald Trump Jr says crypto is the future of American hegemony Coindesk
- Trump’s crypto ventures raise conflict of interest, insider trading Cointelegraph
- Crypto’s debanking worries hit another big stage in US House Coindesk
- ECB hopes Trump’s crypto plan will speed up digital euro NST
- Czech Republic to eliminate taxes on long-term crypto gains Coindesk Cointelegraph
- The lesson of El Salvador’s failed bitcoin experiment Cointelegraph
M&A and property
- Notion VTec acquires land in Klang for manufacturing expansion Edge Star
- Pentamaster to privatise Hong Kong unit Star
- Potentia Energy buys Australian renewable energy assets Star
- Cargill to take full control of Brazil’s SJC Bioenergia Yahoo
- Gazprom sells Austrian gas trading unit to Dubai company Edge
Malaysian financial market news
- New auditing guidelines launched Edge Star
- Whistleblower Protection Act amendment bill to be tabled in Mar-Apr Edge
- Competition Act amendment to be tabled in current parliamentary session Edge
- Malaysia’s industrial sector to benefit from AI, global trade realignments Mail Star
- Malaysia probes steel dumping from China, South Korea, Vietnam Edge
- IHH claims RM5.7b from Daiichi Sankyo over Fortis deal Edge NST Star
Asian financial market news
- Investments into Singapore hit USD10b last year on chip, AI pledges Edge NST Star
- Indonesia orders developer MNC Land to halt project linked to Trump Edge Mail
- Philippines inflation steady at 2.9% in Jan Star
- Oil, gas traders to seek tariff waivers from Beijing for US imports Edge Yahoo
- China’s ethane imports from US to surge in 2025 in drive to cut costs Yahoo
- Shenzhen govt tightens control over Vanke with management changes Edge
- US ban of trade loophole set to downsize China’s growth Star
- Hawkish Bank of Japan policymaker calls for raising rates to 1% Star
- Nissan open to new partners Edge
- Another scandal at Nomura as former employee arrested for alleged fraud Star
- India cheered Trump’s return, now it’s worried Star
Other financial market news
- Dallas Fed’s Logan signals rate cuts require US labour market cooling Yahoo
- Jan jobs report to show hiring slowed, unemployment rate steady Yahoo
- US AI import ban would reach farther than DeepSeek Cointelegraph Yahoo
- US Permian oil output growth to slow in 2025 despite Trump’s plan Yahoo
- China’s retaliatory tariffs on crude likely to push US exports lower in 2025 Yahoo
- OpenAI eyeing more data centres in Texas, other states for Stargate Yahoo
- Canada’s Alberta eyes Japan for new LNG deals Star
- Bank of England cuts interest rates to 20-month low Yahoo
- UK isn’t the worst place to invest Edge
- France, UAE agree to develop 1 gigawatt AI data centre Yahoo
- Egypt signs USD3b LNG deals with Shell and TotalEnergies Edge
- Clean energy costs to continue to fall this year Yahoo
