Capital markets news | Mon 10 Mar 2025
Equity
- HI Mobility prices Main Market IPO at RM1.22 Edge NST Star
- Lim Seong Hai suspends trading until transfer to ACE Market Edge Star
- Capital A gets Bursa nod for regularisation plan to uplift PN17 status Edge NST Star
- Pertama Digital gets Bursa show-cause for not submitting regularisation Edge
- Alibaba’s ADR discount shows fear of US-China decoupling Edge Yahoo
- Shanghai copper hits near 5-month high on China stimulus hopes Edge
- India’s market regulator warns Nestle over insider trading Edge
- Abu Dhabi National Oil Company eyes international listing of XRG Edge
- Abu Dhabi weighing reviving AIQ share sale amid AI boom Yahoo
- Crypto exchange Kraken is mulling IPO in 2026 Coindesk
- Google can keep Anthropic AI investment under antitrust plan Yahoo
- Nasdaq plans 24-hour trading to tap into growing international demand Edge
- Millennium loses USD900m on index rebalancing roiled by market chaos Edge
- The elusive Trump put Star
- UK’s Virgin aims to raise USD900m to fund Eurostar rival Edge Mail
- Investors spy the dawn of a tectonic shift away from US markets Star
Debt and money markets
- Segi Astana’s MTN rating upgraded to AA- MARC Edge
- MMC’s upsized sukuk AA- rating maintained MARC NST
- Nextgreen gets RM180m financing from AmBank Islamic Star
- Ringgit bond market to fare better Star
- Baidu seeks USD2b in bonds exchangeable into Trip.com shares Yahoo
- Japan credit investors seek shield from M&A risks as deals boom Yahoo
- KKR sees USD1.8t opportunity in Asia-Pacific high-grade credit Edge
- Blackstone raises USD8b in real estate debt fund amid sector recovery Yahoo
- US corporate bond investors cautiously navigate trade war uncertainty Edge Yahoo
Digital assets
- Trump signs order to establish strategic bitcoin reserve Mail NST Star Coindesk
- Crypto market sceptical about formation of US strategic reserve Coindesk
- Bitcoin risks closing below USD82k on US reserve disappointment Cointelegraph
- Bitcoin reserve backlash signals unrealistic industry expectations Cointelegraph
- Fed not cutting rates at all in 2025 may trigger a bear market Cointelegraph
- Only 4% of the world’s population holds bitcoin in 2025 Cointelegraph
- How North Korea launders billions in stolen crypto Coindesk
M&A and property
- CIMB is open to M&A Edge
- WTK disposes of 2 loss-making firms for RM40m Edge Star
- Northeast buys 2 land parcels in Penang for RM16.35m to expand capacity Edge
- Hong Kong partners buy Star’s stake in Brisbane project for AUD53m Edge NST
- Japan’s Dai-ichi Life to cede USD9.7b insurance blocks to US firm Edge
- Couche-Tard holds talks for sale of US shops in Seven & i deal Edge
- Trump open to extending Apr deadline for TikTok sale if necessary Edge
- Hims & Hers shuts down skincare startup bought for USD190m 4 years ago Yahoo
- Portugal’s sale of TAP airline bogged down by political crisis Edge
Malaysian financial market news
- Banks saw higher earnings in 2024 RAM Edge NST Star
- BNM’s international reserves rise to USD118.3b Star
- Govt urged to delay proposed 30% port tariff hikes Edge
- Government provided RM1.37b for R&D, C&I funding Edge
- Lack of core IP leaves EMS firms vulnerable to market shifts Star
- Banning hospital IPOs won’t curb rising costs Star
Asian financial market news
- China’s consumer prices drop 0.7% in Feb Mail
- Calls for more stimulus amid rising trade war Star
- China’s tariffs on US farm products target Trump supporters Mail
- Taiwan Feb exports beat forecasts as chip demand jumps Edge
- Japan faces full-time worker shortage, firms struggle to hire Mail
- Asia-Pacific leads the way in sustainable data centre growth Edge
- Asian countries in the crosshairs of Trump’s tariffs Star
Other financial market news
- US inflation set to stay sticky as tariff risk looms Yahoo
- US Feb job growth of 151k roughly matches forecasts Star Coindesk
- US economic activity up slightly but unevenly amid uncertainties Star
- US shipbuilders welcome Trump’s support Mail
- US estimates it will take USD20b and years to refill oil reserve Yahoo
- Trump pushes plan for Alaska gas exports Star
- Trump says dairy, lumber tariffs on Canada may come soon Mail
- UK construction PMI falls to lowest since 2020 as house-building plummets Edge
- Heathrow considers shorter third runway for expansion plan Mail
- WTO chief called for calm amid global trade war Mail