Capital markets news | Thu 27 Feb 2025
Equity
- KNM shares to be suspended pending material announcement today Edge
- Chin Hin plans first bonus issue in nearly 2 decades Edge
- Axiata in talks with potential new shareholder for Boost Edge
- Ikhlas Capital invests RM74m in Sarawak-based PMG Healthcare Edge
- President Prabowo launches Indonesia’s first bullion banks Edge
- Chinese electric truckmaker Zhizi mulls USD200m Hong Kong IPO Edge
- Hong Kong to launch new channel to fast track tech listings Mail
- Japan Post planning USD4b sale of shares in Japan Post Bank Edge
- US gaming group Light & Wonder considers sole Australian listing NST
- Thinking Machines Lab to raise USD1b at USD9b valuation Yahoo
- Charta Health raised USD8.1m seed round from Bain Yahoo
- Estonian mobility firm Bolt lines up adviser for potential IPO next year Edge
- Gold-backed ETF inflows hit 3-year high of USD4.9b Coindesk
Debt and money markets
- Cagamas MBS fully redeems CMBS 2007-2 ahead of maturity RAM
- Bank Islam doubles down on Islamic pawnbroking Edge
- BPMB provides RM18.5m financing for Penang affordable housing project Star
- Yayasan Peneraju offers RM150k career development financing NST
- OCBC sees loan growth slowing, unveils USD1.9b capital return Edge Star
- Mountain of local govt debt looms over Beijing Star
- Nissan cut to junk by Fitch Ratings days after Moody’s downgrade Edge
- Eldridge lends GBP200m to Vita for UK student housing Yahoo
Digital assets
- Bitcoin dips after Trump plans to impose 25% tariffs on EU Coindesk
- Bitcoin ETF outflow USD930m, carry trade loses to 10-year Treasury Coindesk
- USD5b bitcoin options expiring at USD98k max pain price Coindesk
- Bitcoin lacks strong support between USD75-85k Yahoo
- Hackers use fake GitHub code to steal bitcoin Coindesk
- US House committee advances effort to erase IRS’ DeFi tax rule Coindesk
- Ohio introduces bill preventing state taxes on crypto payments Cointelegraph
- Bybit hack forensics show SafeWallet compromised Cointelegraph
- DeFi revives the spirit of capitalism Cointelegraph
M&A and property
- Axis REIT sells warehouse, office in Petaling Jaya for RM24.2m Star
- Axiata eyes further asset monetisation to cut debt Star
- CICC, Galaxy Securities to merge and form China’s third largest brokerage Edge
- Seven & i buyout talks stall over management control Edge
- Buyouts followed by higher staff turnover Star
Malaysian financial market news
- UBS predicts 4.5% GDP growth amid looming US tariff threat Edge
- Malaysia must comply with US tech controls in its pursuit of AI goals Edge
- RM20b in investment commitments identified from Europe and US Edge Star
- Illicit cigarette trade down for fourth straight year to 55% in 2024 Edge NST
- Petronas commits to paying RM32b dividend to govt Edge NST Star
- RHB estimates 20% fall in Petronas capex to RM43b Edge NST
Asian financial market news
- Bank of Thailand cut its interest rate by 0.25% Edge Star
- Indonesia to use its benchmark coal price for transactions from 1 Mar Yahoo
- Indonesia’s sovereign wealth fund may crowd out private sector Star
- Ways to accelerate Indonesia’s growth Star
- Tariffs threaten Vietnam’s aluminium, steel exports to US Star
- China to inject USD55b of fresh capital into several big banks Edge
- Hong Kong expects modest growth in 2025 as it fights deficit Edge
- Taiwan trims growth forecast amid Trump worries, budget battle Yahoo
- China says Taiwan seeks to give away chip industry to US Edge
Other financial market news
- Mortgage stress for first-time buyers in Australia increases Edge
- Australia’s Lynas has the rare earths the West needs Edge
- US bank profits climb as regulator adjusts problem bank tracking Edge
- US mortgage rates decline to 6.88%, lowest level this year Yahoo
- Trump floats USD5m gold card as a route to US citizenship Edge
- Trump threatens new EU tariffs, 2 Apr for new Mexico, Canada levies Yahoo
- Trump voters feel the economic blow of his policies Yahoo
- 81% of US workers are non-AI users Yahoo
- GOP wants Starlink to get a cut of USD42b internet plan Yahoo
- Mexico’s massive US corn haul shows no signs of trade jitters Star
- Heathrow backs Reeves’ call to start building third runway by 2029 Edge
- Deutsche Telekom CEO urges German government, Europe to invest in AI Yahoo
- European Commission proposes mobilising EUR100b for clean tech Yahoo
- Hyundai wins USD1.5b Moroccan railway deal Star
- Palm oil’s premium over soyoil to diminish in coming months NST
- What are rare earth metals and why are they in demand? Yahoo