Capital markets news | Wed 19 Mar 2025
Equity
- Ekuinas mulls RM1b IPO for Orkim Edge
- Turbulent market conditions may test Malaysia’s IPO performance Edge
- Focus Point proposes 1-for-3 bonus issue Edge
- Ekuinas invests in local cybersecurity firm Bluesify Edge NST Star
- Foreign funds sold RM1.34b Bursa equities Star
- Indonesian stocks plunge 7% as growth, fiscal worries weigh Edge
- Philippines’ GCash to seek USD8b IPO valuation Edge Yahoo
- Beijing cracks down on stock market misinformation Star
- Berkshire raises stakes in Japan’s largest trading houses Edge
- RRJ-led group to invest USD600m in Dubai-based private jet firm Vista Yahoo
- US tariff war causes USD6.73b Asian equities net outflows NST
- BofA survey shows biggest ever drop in exposure to US equities Edge
- Strategy to issue USD500m perpetual preferred stock to buy bitcoin Coindesk
- Building-products distributor QXO to raise USD830m equity Yahoo
- Crypto exchange Gemini hires new CFO as it prepares for potential IPO Yahoo
- Cognition AI’s valuation soars to USD4b after latest funding round Yahoo
- Hindenburg-linked Morpheus targets Solaris in first short report Yahoo
- Brazil’s JBS moves closer to New York listing Star
- German drugmaker Stada is pushing back IPO until Sep Yahoo
- Sweden’s Klarna is ready to ride the IPO roller coaster Star Yahoo
- Sweden’s Asker to raise USD880m in Europe’s biggest IPO Yahoo
- Denmark’s CIP exceeds EUR12b target for energy transition fund Yahoo
- Fund bets Brent oil will rise toward USD100 as risk premium grows Star
Debt and money markets
- GDS seeks record USD3.4b loan for data centre ops in Malaysia Edge Star
- Singapore’s money market rates are sliding despite policy pivot Star
- Fears of liquidity strains due to Indonesian state bank loans Star
- Vietnam central bank seeks to ease up on credit quotas Star
- China Feb bank lending slows as US tariffs add to uncertainty NST
- China dollar bond deals surge as market gloom begins to lift Star Yahoo
- South Korea’s household debt second highest globally Star
- Saudi fund broadens cash quest to meet MBS’ spending goals Yahoo
- S&P cuts Vista-backed Solera’s credit rating further into junk Edge
- Amcor prices USD2.2b senior notes offering to fund Berry merger Yahoo
- Hyatt sells USD1b bonds to help finance Playa deal Yahoo
- Trucking firm Yellow’s creditors have own plan to share USD550m cash Yahoo
- WeightWatchers, lenders start private talks to address debt Yahoo
- Americans see growing risk they’ll get turned down for loans Edge Star Yahoo
- T-Bill supply pressure on US repo rates seen encountering limit Yahoo
- Thames Water wins court battle to secure GBP3b loan Edge Yahoo
- Pimco turns more negative on German bonds ahead of debt vote Edge
- BNP Paribas sees risk German yield hits 4% on spending boost Yahoo
- Moody’s downgrades Volkswagen on sector headwinds, competition in China Edge
- Private credit set to win EUR6.25b Adevinta deal Yahoo
Digital assets
- US bitcoin ETFs shed USD5.5b in longest run of outflows Edge
- Bitcoin ETFs see USD275m buyers, exhausting bears Coindesk
- Bitcoin storm could be brewing Coindesk
- Bitcoin’s bull market cycle is over Coindesk
- Bitcoin’s 30% retracement due to short-term holders Cointelegraph
- Bitcoin stalls under USD85k Cointelegraph
- Cronos’ CRO supply to grow 200% after last-minute governance flip Coindesk
- Crypto exchange OKX suspends DeFi service after EU scrutiny Edge Yahoo
- Trump’s bitcoin reserve a digital Fort Knox Mail
- US stablecoin bill likely in next 2 months Cointelegraph
- Crypto’s circular economy its biggest industry-specific risk Cointelegraph
M&A and property
- MRCB sells 70% of CSB Development to Cyberview for RM219.04m Edge Star
- Catcha Digital buys 51% of digital marketing company for RM22.95m Edge NST Star
- Asia Poly disposes of entire stake in Ta Win Edge
- Jentayu Sustainables’ Sabah hydro asset acquisitions mutually terminated Edge
- Rohas Tecnic to divest Vietnamese water infra subsidiary for RM87m Edge NST Star
- ECM Libra’s Lim emerges as London-listed Aseana Properties’ white knight Edge
- Grab said to move forward with talks to acquire rival GoTo Edge Yahoo
- Sembcorp’s strategic review may include privatisation, sale of assets Edge
- TBS Energi Utama completes acquisition of Sembcorp Environment Mail
- Vietnam developer proposes 15-year rescue for bank at heart of giant fraud Edge NST
- Philippine broadband operator Converge to sell 40% of fibre business Yahoo
- Alphabet buys cybersecurity company Wiz for USD32b Edge Yahoo
- PepsiCo to buy prebiotic soda brand Poppi for nearly USD2b Edge NST
- SmartBiz’s acquisition of Centrust Bank approved Edge Star
- US Fed approves Renasant, EverBank acquisitions Yahoo
- KKR explores acquisition of New Mexico utility owner TXNM Yahoo
- Diversified Energy finalises USD1.27b Maverick acquisition Yahoo
- Wabtec to acquire Sweden’s Dellner Couplers for USD960m Yahoo
- Emerald enters insurtech space with Insurtech Insights purchase Yahoo
- Azurity acquires Covis Pharma from existing investors Yahoo
- Vacasa accepts revised acquisition proposal from Casago at USD5.30 per share Yahoo
- Shareholder of Canada’s Calibre opposes Equinox’s USD1.8b takeover Yahoo
- Bureau Veritas expands in Chilean copper market with GeoAssay acquisition Yahoo
- IK Partners to buy minority stake in UK broker Seventeen Group Yahoo
- AstraZeneca to buy Belgian biotech for up to USD1b Edge
- Louis-Dreyfus family sells Russian agricultural firm at big discount Star
- Shuka Minerals delays Kabwe acquisition pending final approval Yahoo
Malaysian financial market news
- Shortage of skilled workers a top concern for Malaysian CEOs Edge
- Palm oil expected to range between RM4.4k-RM4.6k in Mar NST
- SPNB seeks additional govt funds for Rumah Mesra Rakyat projects Edge
- EVE Energy’s Phase 2 expansion to create over 1k jobs Edge NST
- Biocon’s RM1.1b investment to turn Johor into Asia’s biggest insulin hub NST
Asian financial market news
- Singapore key exports rise 7.6% in Feb after Jan drop Star
- Rich Chinese alleges family office staff in Singapore misused USD56m Edge
- Creative Technology cuts workforce, adding to global wave of tech layoffs Edge
- Jakarta to raise palm oil export levy Star
- Thailand approves Bangkok metro system, data centre worth USD5.9b Edge
- Steel’s tariff wars put Thai industry in critical situation Edge
- US urges Hanoi to improve trade balance Star
- China’s industrial output growth beats expectations in Jan-Feb Star
- China retail sales pick up as Beijing looks to consumers to ease trade pressure Mail
- Asian markets start week on front foot as China unveils consumer plan Mail NST
- China halts US LNG imports as trade war reroutes deliveries Yahoo
- US meat exports at risk as China lets registrations lapse NST Star
- BYD unveils battery system that charges an EV in 5 minutes Edge
- South Korea’s chip exports to China sink as US controls tighten Edge
- Asia’s green jet fuel ambitions exceed demand, heralding exports Edge NST Star
Other financial market news
- Reserve Bank of Australia more cautious than market on rate cuts Star
- Australian bank CEOs say Trump tariffs may drive up global inflation Edge
- Australian treasurer says Trump tariffs self-sabotage Star
- Potential US gold monetisation Star
- US homebuilder sentiment drops to 7-month low in Mar Edge
- Retailer Forever 21 files for bankruptcy for second time Edge NST Yahoo
- Trump says no intention to ease steel, aluminium tariffs Mail
- US-EU tariff clash imperils USD9.5t of business Edge NST
- Threatened by US, Canada hugs France and Britain close NST
- Bank of England set to keep rates on hold as global uncertainty mounts Edge
- UK finance minister to set out action plan to slash red tape NST
- Apple loses top court fight over German antitrust crackdown Edge
- BYD considers Germany for third plant in Europe Edge
- Audi to cut 7,500 jobs in Germany to become more efficient Edge
- US tariffs likely to hit EU growth more than inflation Yahoo
- Air India CEO warns aircraft shortage to last at least 4 years NST