Capital markets news | Tue 11 Mar 2025
Equity
- Lim Seong Hai’s ACE Market IPO oversubscribed 11.88 times Star
- Analysts value ACE Market-bound Wawasan Dengkil at 16% premium Edge
- Engineering firm West River signs up M&A to back ACE Market IPO Edge Star
- Cuckoo gets RHB, AmInvestment to back Main Market IPO Edge NST Star
- Pestech issues shares to major shareholder again to raise RM27.8m Edge
- Khazanah invests in Yinson’s chargEV to grow charging stations Edge NST Star
- Aham to shut 2 ETFs due to small fund size, high expenses Edge
- Capital A’s PN17 status lifting targeted by May Edge NST Star
- Foreign outflow from Bursa continues for 20th week at RM881.5m Edge
- Bursa reprimands Oasis Harvest, Mercury over rights issue compliance Edge NST
- Bursa reprimands Annum, fines directors over annual report tardiness Edge NST
- Mainland Chinese investors buy record amount of Hong Kong stocks Edge
- Japan Post prices USD4b bank unit stake sale at high end Edge
- Rio Tinto scraps plan to raise USD5b in share sale Star
- CoreWeave to issue USD350m shares to OpenAI as part of IPO Edge
- Strategy offers USD21b preferred stock to buy more bitcoin Coindesk
- AvatarOS snags USD7m seed round for AI virtual influencer platform Yahoo
- Nasdaq’s CEO says IPO pipeline remains healthy Yahoo
- Arms race for AI-driven oil trading is underway Yahoo
Debt and money markets
- Leader Energy’s AA- rating outlook revised to positive MARC
- DeFi loan on Sky backed by USD130m ETH in danger of being liquidated Coindesk
- Wells Fargo sues JPMorgan over troubled USD481m real estate loan Yahoo
- Bond market’s Trump trade is looking like a recession indicator Star
- German bonds cap worst week since 1990 Star
- Bankers race to catch up with EU defence goals in stunning reset Edge
Digital assets
- Singapore exchange to list open-ended bitcoin futures contracts Edge
- Bitcoin drops below USD80k over tariff war anxiety Edge Coindesk
- Market sentiment index flashes extreme fear Coindesk
- Bitcoin traders now target USD70k Coindesk
- US SEC to remove crypto exchanges from regulatory oversight Coindesk
- Fintech promotes USD stablecoins as lowering transaction costs Yahoo
- ECB targets Oct to finish digital euro preparation phase Coindesk
- US embrace of crypto assets could impact Europe financial stability Edge Yahoo
- Singaporean blows USD500k a night from bitcoin theft Star
M&A and property
- JF Technology to acquire 80% of Q3 Probe for USD1.36m Edge Star
- Ekuinas sells 75% stake in Medispec to pharmaceutical firm Edge Star
- PNB may sell stake in Prolintas, other highways Edge
- Pertama Digital to finalise acquisition of Singapore-based technology firm NST
- Australia’s Star weighs USD157m capital offer from US group Bally’s Edge
- Trump says US talking to 4 different groups on sale of TikTok Edge Star Yahoo
- Mortgage lender Rocket buys real estate broker Redfin in USD1.75b deal Yahoo
- ServiceNow nears deal to buy AI assistant maker Moveworks Yahoo
- Kantar owners eye break-up of group, USD6.5b Worldpanel sale NST
Malaysian financial market news
- BNM refines entry requirements for digital insurers, takaful operators Star
- Interest rates expected to remain at 3% in 2025 Star
- Banks expected to have a modest and stable year Star
- Malaysia’s direct selling industry hits RM34.4b, leads in market penetration Edge
- Palm oil supply crunch as biodiesel demand surges Mail Star Yahoo
- Palm oil stockpile hits 2-year low in Feb Star
- Companies appeal RM92.8m MyCC penalty for bid-rigging Edge
- Petronas announces first oil delivery from GKGJE Phase 4 project Edge Star
Asian financial market news
- Indonesia to run palm plantations seized from troubled firm Edge
- Beijing to slap tariffs on some Canadian products Star
- Deliveroo exits Hong Kong under pressure from rival Meituan app Edge Yahoo
- Japan’s Ishiba urges companies, unions to achieve strong wages Edge
- US pushes for lower tariffs from India Star
Other financial market news
- Trump says US economy faces transition, avoids recession call Edge Star Yahoo
- Goldman Sachs slashes US economic forecasts over tariff impact Yahoo
- Powell says tariffs may feed US inflation Star
- US dollar slumps to 4-month low as investors flee to yen, Swiss franc Mail
- Norway wealth fund adviser warns US may hinder corruption work Edge
- Canada pledges billions to aid firms hurt by trade upheaval Star
- Battling UK employers brace for tax hit Star
- Ford to inject USD4.8b into cash-strapped German business Edge
- German air traffic grinds to halt as airport labour unions strike Edge
- Once-hyped hydrogen company is latest Nordic green hope to fail Edge
- EU sees no need to de-risk relations with the US Star