Capital markets news | Wed 19 Feb 2025
Equity
- TechStore gains 10% on ACE Market debut Edge NST Star
- Short selling of Hartalega, Kossan suspended Edge NST Star
- Perak Corp to issue 39.73m RPS to settle debt Edge
- China’s Sany to raise USD1.5b in Hong Kong IPO Edge
- LG kicks off roadshows for USD1.5b India IPO Yahoo
- Fonterra mulls IPO, sale of global consumer businesses Yahoo
- Goldman raises gold target to USD3,100 on central bank appetite Edge
Debt and money markets
- Poseidon’s third tranche senior MTN assigned AA2 rating RAM
- Northport’s sustainability sukuk framework assigned Gold MARC
- Northport’s RM1b sukuk programmes assigned preliminary ratings MARC
- Cagamas’ asset-backed sukuk, bonds ratings affirmed MARC
- Petronas mulls USD1b loan for LNG project Edge Star
- MyCIF to support growth of northern MSMEs Star
- BHP raises USD3b through US bond issue Yahoo
- Australian pension funds come back to local debt Star
- Thames Water’s crucial rescue loan approved by UK judge Edge
Digital assets
- Robinhood to launch crypto products in Singapore Edge
- Bitcoin leads first major weekly crypto ETP outflows at USD430m Cointelegraph
- Bitcoin slumps below USD94k, analyst says USD500k in play Coindesk
- Bitcoin death crosses pile up to spark USD92k support retest Cointelegraph
- Bitcoin teases Aug 2023 breakdown as analysis eyes USD85k Cointelegraph
- Strategy raising another USD2b to buy more bitcoin Coindesk
- Ether ETFs register USD393m inflows this month Coindesk
- Libra co-creator paid Argentinian President Milei’s sister Coindesk
- Libra rug pull is latest incident to smear Solana memecoin ecosystem Coindesk
- Libra creator also introduced Melania memecoin Coindesk Cointelegraph
- Web3 gaming activity surges 386% Cointelegraph
M&A and property
- EcoWorld buys EPF’s 40% stake in Puncak Alam developer Edge NST Star
- Sunzen sells 2 animal health subsidiaries for RM17.3m Edge Star
- Honda ready for takeover talks if Nissan CEO Uchida leaves Edge Star
- Why Trump’s FTC, DOJ are keeping Biden’s merger guidelines Yahoo
- Occidental to divest some upstream assets for USD1.2b Yahoo
- Why Intel could be worth more than USD200b if it breaks up Yahoo
- Silver Lake nears deal for stake in Intel’s Altera unit Yahoo
- Diamondback to expand in Permian basin with USD4.08b deal Yahoo
- Anglo American to sell nickel business for USD500m Edge
- BP weighs sale of USD10b Castrol lubricants unit Yahoo
- KKR to buy additional 5% stake in Eni biofuel business Yahoo
- M&A market poised for comeback in 2025 Edge
Malaysian financial market news
- NSS framework passed to develop 110 local high-tech companies NST
- MDEC pushes for 25.5% digital economy contribution to GDP Edge
- Malaysia’s timber exports climb 4.9% to RM22.9b in 2024 NST
- Kuala Lumpur logistics rental growth highest in Southeast Asia Star
- Tabung Haji, MOF to conclude asset recovery talks in 1Q Edge
- Taiwan’s ASE opens fifth plant in Penang, will hire 1,500 staff Edge Star
- Petronas launches 2025 bid round with 5 exploration blocks Edge Star
- Sarawak seeks gas from western Sarawak, continental shelf for its use Edge
- Erwan-Lion Pacific propose RM8b ART system for Johor Bahru Edge
- Letter of award to U Mobile for 5G rollout in 1-2 weeks NST
Asian financial market news
- Key winners under Singapore’s election-year budget Edge
- Singapore flags investment plans from chips to energy in budget Edge
- Indonesia grants small businesses access to coal, metals mines Edge
- Public investment to drive Vietnam’s economic development Star
- China’s current environment conducive to private economy Edge Star
- Foreign firms to ramp up investment in China Star
- BHP sees strong demand for iron ore, copper, coal as China recovers Mail
- HSBC cuts 40 Hong Kong dealmakers in cost cutting Edge NST Star
- Qatar plans to invest USD10b in India to deepen ties Edge
- Lebanese government to seek new IMF programme Yahoo
Other financial market news
- Australia cuts interest rates for first time since 2020 Mail NST Star
- Judge blocks bid to deny DOGE team access to federal data Yahoo
- GOP senators weigh selling radio spectrum for USD100b Yahoo
- J&J begins crucial battle over USD10b baby powder settlement Edge
- Southwest to cut 15% of corporate jobs in first-ever layoffs Edge Star
- xAI debuts Grok-3 AI chatbot Yahoo
- How semiconductor startup Groq dealt with a cash crunch Yahoo
- UK wage growth picked up more speed in 4Q NST
- Germany’s residential building permits fall to 2010 low Edge
- Top European central bankers push for simpler banking rules Edge
- WhatsApp faces tougher EU rules as monthly users top 45m Edge
- EU joint funds gain support as leaders face defence needs Star
- EU denies making offer to US on lowering its auto tariffs Edge
- Tariffs won’t easily derail eurozone recovery Star
- EU to look at more flexible filling of gas storage next year Edge
- New ships and cargo transfers boost Russia’s crude oil flows Edge
- South Africa open to nuclear project bids from Russia or Iran Edge
- 2-tier AI economy is emerging between startups and corporations Yahoo
