Capital markets news | Mon 24 Feb 2025


Equity

  • Autopart distributor MSB Global approved for ACE Market IPO Edge Star
  • Hartanah Kenyalang approved for ACE Market IPO Edge
  • More important things than number of listings Star
  • Should warrants be listed? Star
  • Singapore rolls out tax rebates, SGD5b to boost stock market Edge
  • Bubble tea chain Mixue to raise USD443m in Hong Kong IPO Edge Star
  • Taiwan considers lifting weighting cap on ETFs as TSMC surges Edge
  • Japan seeks Tesla investment in Nissan Edge Mail

Debt and money markets

  • Top Glove issues RM800m sukuk for perpetual bond redemption Edge
  • Chinese courts asked to lead debt talks for distressed builders Edge
  • China’s local government bond rush worsens liquidity strain Yahoo
  • Citi, HSBC, Morgan Stanley and RBC settle UK gilts collusion case Edge
  • StanChart pledges to cut emissions linked to oil and gas bonds Yahoo
  • BBVA raises sustainable finance target to EUR700b Yahoo
  • Climate change fuels cat bonds Star

Digital assets

M&A and property

  • Master Tec buys 43-acre land in Melaka for future expansion Edge
  • Olam sells stake in agri-business unit to Saudi fund Edge Yahoo
  • Seven & i picks Bain as preferred buyer in asset sale Edge
  • Tokyo Gas to sell US shale gas stake to Shizuoka Gas for USD130m Yahoo
  • Australia’s Perpetual ends talks with KKR on sale of wealth, trust units Yahoo
  • ConocoPhillips to sell interests in Ursa, Europa fields to Shell Yahoo
  • Gene therapy maker bluebird to go private in discounted deal Yahoo
  • Hong Kong firm eyes Thames Water with GBP7b takeover bid Mail

Malaysian financial market news

  • Jan inflation remains at 1.7% Star
  • SC’s proposed fee hike draws interest Star
  • Export growth intact Star
  • BNM’s international reserves rise to USD117.7b Star
  • Chery to invest RM2.2b in Selangor auto industrial park Edge NST Star
  • Sarawak to spend RM6b on rural water supply projects by 2030 Edge
  • Sarawak aims to become regional power supplier Star
  • Melaka waste-to-energy plant construction expected to begin mid-year Edge
  • Mudajaya files for winding up of THB Power over RM60.6m debt Edge

Asian financial market news

  • Reciprocal tariffs will undermine trade Star
  • China’s DeepSeek promises to share even more AI code in rare step Edge
  • Japan’s core inflation climbs to 3.2% in Jan, pressure for rate hikes Mail
  • India to raise vegetable oil import taxes to support local farmers Edge
  • Indian refiners cancel palm oil orders due to price surge Edge
  • Trump’s steel tariffs threaten to worsen glut of metal in Asia Edge
  • Trump seeks to reshape Asia’s energy supplies with US gas NST Yahoo

Other financial market news

  • US Fed’s inflation battle at risk of stalling amid policy uncertainties Mail Yahoo
  • Trump proposes new ship fees to challenge China’s maritime might Edge
  • Trump’s 10% oil tariff to cost foreign producers USD10b annually Edge Yahoo
  • Trump orders tariff retaliation against digital taxes Edge Star Yahoo
  • Trump’s tariff wars leave US small business with nowhere to hide Edge
  • Trump says Apple shifting to US plants, with specifics unclear Edge
  • Cuba opens first of 92 solar parks in bid to tame energy crisis NST
  • UK court approves Mastercard deal to end class action claim Edge
  • Big German carmakers try to shield themselves against Trump tariffs Edge
  • EU sees EUR28b hit from Trump’s steel and aluminium tariffs Edge
  • European central bank reports highest loss in history NST
  • Google to be hit with EU charges of breaching Big Tech rules Edge
  • Tunisian president calls for amendments to central bank law NST
  • Trump’s tariff storm leaves WTO powerless Mail

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