Capital markets news | Fri 28 Feb 2025
Equity
- SumiSaujana inks underwriting deal with RHB for ACE Market IPO Star
- OSK plans 1-for-2 bonus issue Edge
- PNB uses proprietary fund to supplement fixed-price funds returns Edge
- Risk-off sentiment sends Bursa lower Star
- Unisplendour taps banks for USD1b Hong Kong listing Edge Yahoo
- China quant says funds must adopt AI to survive after DeepSeek Edge
- Chinese bubble tea maker Mixue sets Hong Kong IPO record Mail
- Shares of Australia’s Star Entertainment temporarily halted Yahoo
- Raise secures USD63m to expand blockchain-based gift card system Coindesk
- YouTube star MrBeast is raising money at USD5b valuation Yahoo
- AI cloud firm CoreWeave eyes filing USD4b IPO within a week Yahoo
- AppLovin sinks as short sellers target 2024’s top tech stock Yahoo
Debt and money markets
Digital assets
- Singapore department store Metro debuts stablecoin payments Cointelegraph
- FBI accuses North Korea of USD1.5b ByBit crypto hack Edge
- Hedge funder targets USD70k handle for bitcoin in Mar Coindesk
- US Treasury’s crypto counsellor says stablecoin law a good first goal Coindesk
- SEC plans to drop enforcement suit against MetaMask Coindesk
- Crypto neo-privateers could be the solution to hacks Cointelegraph
- Memecoins more like collectibles than securities Yahoo
M&A and property
- Tex Cycle acquires Meridian World for RM55m Star
- Petronas, Eni form JV to combine upstream Malaysia, Indonesia assets Edge
- KNM sells German unit at higher price tag of RM1.26b Edge NST Star
- Japan’s Seven & i USD58b management buyout aborted Edge Mail NST
- Ben & Jerry’s founders discuss buying back ice cream brand Edge
- Crypto trading platform BitMEX hires Broadhaven to look for buyer Coindesk
- SoftBank, Mnuchin mull salvaging USD800m cyber firm Cybereason Yahoo
- Agnellis sell EUR3b Ferrari stake Edge
Malaysian financial market news
- Household debts at RM1.63t, far lower than financial assets Mail
- GLICs bolster economy, defend against external shocks NST
- Digital investments in Malaysia more than tripled in 2024 Edge
- EPF subsidiaries losses due to exclusion of tax-efficient interest Edge
- Ministry targets RM100m replanting incentives for smallholders NST
- Vehicle sales drop 40% in Jan Star
- What went wrong at FashionValet Edge
Asian financial market news
Other financial market news
- Investors should care about the PCE index Yahoo
- CFPB dropped its lawsuits as the agency’s future hangs in limbo Yahoo
- Microsoft urges Trump to overhaul Biden’s last AI chip export curbs Edge Yahoo
- Amazon unveils quantum chip to shave years off development time Edge Yahoo
- US new home sales tumble in Jan on high mortgage rates Star
- Trump’s big-picture economist already has Wall Street hooked Edge Yahoo
- Trump team weighs pulling funds for Moderna bird flu vaccine Edge
- Tesla needs new leadership Yahoo
- Supermicro filed annual reports late after dispute with ex-auditor EY Yahoo
- Trump backs US-UK trade talks after meeting with Starmer Yahoo
- Trump’s tariff threats between now and Apr Yahoo
- Trump tariff threats renew calls for Canadian oil pipelines Mail
- Colombia’s first offshore wind energy auction lures global interest Yahoo
- ECB to approve UniCredit’s investment in Commerzbank Star
- Swiss govt move to delay UBS capital rule changes Star
- Will Trump’s tariffs upend the FDI game? Star
- Sanctions, tariffs make OPEC+ hesitant on Apr oil hike Yahoo
- Time to end negative bias towards fossil fuels Edge