Capital markets news | Wed 12 Mar 2025


Equity

  • Niche Capital plans 1-for-2 bonus issue, RM36.9m private placement Star
  • Capital A’s logistics arm Teleport seeks private funds ahead of IPO Edge
  • Pharmaniaga shares slide amid cash call exercise Edge
  • Bursa rejects FGV’s public spread extension application Edge
  • Thailand offers tax incentives to bolster slumping stock market Edge
  • Vietnamese bourse to start new trading system in May Edge
  • Big Chinese share sales are luring back long-term investors Edge
  • Citi downgrades US stocks, raises China as America first fades Edge NST Yahoo
  • Hedge funds unwinding risk as in early days of Covid Edge Mail
  • Security startup Chainguard raising USD350m at USD3.5b value Yahoo
  • Celestial AI raises USD250m as it looks to speed up links between AI chips Yahoo
  • Voice AI startup Cartesia raises USD64m Series A Yahoo
  • Arda raises USD3m to transform real estate with blockchain technology Yahoo
  • Fears of US contagion spur traders to find hedges across world Edge

Debt and money markets

  • Telekosang Hydro One’s sukuk, bonds downgraded RAM
  • GuocoLand lodges RM500m medium-term notes programme with SC Edge
  • Ministry of Finance injects RM1.1b to settle Sapura Energy’s debts Edge NST Star
  • Fitch removes Adani Energy from rating watch negative Edge
  • Reserve Bank of India ask lenders to report all offshore swap trades Edge
  • Rio Tinto to raise USD9b for Arcadium Lithium buyout Yahoo
  • Credit traders jolted awake by Wall Street’s white-knuckle ride Edge Yahoo
  • Bond yields just flashed the biggest recession warning since the election Yahoo
  • Trump’s trade threats are starting to hit Canadian credit market Edge
  • Firms that issue green bonds better at tackling emissions Yahoo

Digital assets

  • More pain to come in crypto, bitcoin headed to USD73k Coindesk
  • Ukraine ceasefire sends markets into green, bitcoin retakes USD83k Coindesk
  • Mt. Gox moves another USD930m bitcoin as payout deadline looms Coindesk
  • Ether whale prevents USD340m liquidation with last minute deposits Coindesk
  • Texas lawmaker seeks USD250m cap for state’s bitcoin purchases Cointelegraph
  • Utah’s Senate passes bitcoin bill but scraps key provision Cointelegraph
  • Coinbase gets FIU registration for India comeback Coindesk

M&A and property

  • Globaltec unit to relinquish Muara Enim 2 PSC Star
  • Couche-Tard keeps pushing to buy Japan’s Seven & I Edge NST
  • US DOJ wants a Google breakup but is willing to leave AI alone Yahoo
  • Buyout firms circle Italian software developer Namirial Yahoo

Malaysian financial market news

  • Malaysian unemployment rate steady at 3.1% in Jan Edge
  • Keen interest in digital insurance licences NST
  • Buy now, pay later transactions hit RM7.1b in 2H2024 Edge
  • Grow strongly in Asean once again or risk losing out Edge
  • Premium turns palm oil’s key buyers to competing oils Edge

Asian financial market news

  • Singapore’s credit card debt crosses USD6b Star
  • VinFast plans to install EV charging stations across Indonesia Edge Yahoo
  • Call for increased use of hydrogen energy in Vietnam Star
  • China’s Xpeng may invest USD13.8b in humanoid robots Yahoo
  • China’s Manus follows DeepSeek in challenging US AI lead Edge
  • Beijing to tackle green trade barriers Star
  • Japan’s trade minister fails to win tariff exemption assurance from US Edge
  • Japan downgrades 4Q GDP, US tariffs cloud outlook Star

Other financial market news

  • Australia business confidence falls in Feb despite interest rate relief NST
  • Will tariffs push the US economy into recession? Star
  • JPMorgan ups recession odds to 40% Cointelegraph
  • Stagflation concerns on the rise ahead of Feb’s CPI print Yahoo
  • Fed’s next cut will likely be motivated by labour market weakness Yahoo
  • Bank of America eliminates some investment banking roles Edge
  • Volkswagen touts US spending in face of Trump’s tariff threats Edge
  • Tariffs force US factories to pay more for metal than overseas rivals Edge
  • Oil CEOs back Trump’s energy agenda as crude hits 6-month low Edge Star Yahoo
  • Solar and storage accounted for 84% of new US power added in 2024 Yahoo
  • Canada’s Ontario hits US with 25% electricity tax NST
  • Panama Canal weighs pipeline to move gas, with eye on Asian clients NST Yahoo
  • Renault cuts 300 jobs at van factory as European market slows Edge
  • Volkswagen to lay off 1,600 staff at Cariad software unit Edge
  • Onsemi to lay off 170 staff in Czech Republic Edge
  • The rise of the gig economy Edge

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