Capital markets news | Fri 21 Mar 2025


Equity

  • WTEC inks underwriting with Alliance Islamic for ACE Market IPO Edge Star
  • Pharmaniaga’s RM653.52m cash call gets shareholder nod Edge NST
  • Unit trust funds still hold largest slice of Malaysia’s investment schemes pie NST
  • 21 equity applications worth RM21.39b approved in 2024 NST
  • Foreign investors boost presence, trading share surges 36.2% in 2024 Star
  • Indonesian chain Fore Coffee launches IPO for global expansion Yahoo
  • Hong Kong plans IPO margin loan cap amid heated retail demand Edge
  • Japan’s Trende secures USD7.1m for renewable energy expansion Yahoo
  • AI cloud hosting firm CoreWeave launches USD2.7b IPO Edge Yahoo
  • Discord CEO discusses IPO rumours Yahoo
  • France to launch EUR450m defence fund amid growing security concerns Edge
  • US backlog pushes European unicorns to eye local IPOs Yahoo
  • Copper hits USD10k fuelled by tariff threats Star

Debt and money markets

  • SC, Khazanah to introduce tokenisation of bonds, sukuk in 2025 Edge Star
  • Malaysia issues RM124.15b corporate bonds, sukuk in 2024 NST
  • Iskandar Waterfront City to convert debt into equity, issue shares Edge
  • Boost, CGC partner to empower MSMEs with RM130m funding Edge NST Star
  • Lenders to ride on solid capital buffers, asset value Star
  • ETD market hits 3-year high in 2024 amid global uncertainties NST
  • Thai central bank eases loan rules to help struggling property sector Edge
  • Chinese banks hold their benchmark lending rates for fifth month Edge Star
  • Australia awards AUD814m to green hydrogen project Star
  • Tether ranks among top buyers of US Treasuries in 2024 Coindesk
  • US mortgage rates remain near 6.7% as Fed flags growing uncertainty Yahoo

Digital assets

  • Crypto will expand dominance of US dollar Coindesk
  • Bitcoin miners feel squeeze as hashprice erases post-election gains Coindesk
  • Bitcoin long-term holder behaviour shift signals market dynamic Cointelegraph
  • Ether spot ETFs saw USD358m outflows in 11-day stretch Coindesk
  • As Congress talks up crypto bill, regulators are already at work Coindesk
  • SEC says proof-of-work mining does not constitute securities dealing Cointelegraph
  • Crypto industry has turned into a global memecoin casino Cointelegraph
  • Pakistan aims to be crypto capital of South Asia Yahoo

M&A and property

  • ICT Zone Asia exit offer not fair and not reasonable Edge
  • Greatech sees long-term growth with newly acquired Manz Slovakia Edge Star
  • Lagenda acquires freehold land in Senawang for RM60.2m Edge Star
  • BlackRock fund’s forfeited China towers to be sold at 40% loss Yahoo
  • Couche-Tard, Seven & i solicit US store interest by end of Mar Edge NST
  • Crypto exchange Kraken to buy NinjaTrader for USD1.5b Edge Coindesk Yahoo
  • Beacon agrees to QXO’s USD11b buyout Barrons
  • Citadel to buy assets from Paloma Natural Gas in USD1b deal Yahoo
  • Atlanta-area banks to combine in USD206m deal Yahoo
  • Partners Group to acquire energy assets worth USD2.2b in California Yahoo
  • SoftBank seals USD6.5b deal for chip designer Ampere Edge Star
  • Lloyd’s Register to sell modern tower and return to Victorian HQ Edge
  • Engie acquires 157MW renewables operating portfolio in UK Yahoo
  • FTV Capital acquires maritime AI company Windward Yahoo
  • Xeinadin acquires Raffingers Yahoo
  • Sanofi to buy autoimmune drug from US company for USD1.9b Edge

Malaysian financial market news

  • Capital market rises to RM4.2t in 2024 Star
  • Islamic capital market expanded 8.5% to RM2.63t NST
  • Capital markets raised RM138.9b in 2024 Edge
  • Investment management AUM exceeded RM1t for first time Edge NST Star
  • Capital markets poised to strengthen with family offices Edge
  • SC to introduce new fee structure to increase revenue in 2026 Edge Star
  • GLICs urged to invest RM120b over 5 years for economic growth Edge
  • Practice of maintaining unprofitable firms in GLCs must end Edge
  • Malaysia’s trade performance registers 5.9% growth to RM223.89b Mail Star
  • MOT drafts action plan to reduce greenhouse gas emissions from ships, ports Edge
  • Microsoft’s cloud push to drive USD10.9b economic boost Mail NST

Asian financial market news

  • Economists maintain Singapore’s economic growth forecast at 2.6% Star
  • Singapore resident employment rebounds in 2024 on positive sentiment Star
  • Indonesia’s self-inflicted economic wounds multiply Star
  • Vietnam allows some banks to have up to 49% foreign ownership Edge
  • China seeks foreign capital old and new to bolster changing economy Edge
  • China’s youth jobless rate rises to 16.9% in Feb Mail
  • South Korean vehicle exports surge 18% in Feb Yahoo

Other financial market news

  • Fed to shrink balance sheet at slower pace until debt-ceiling deal reached Edge
  • Gold signalling international dollar issues Yahoo
  • South Korea’s OCI plans USD265m solar cell plant in Texas Edge
  • Toyota’s Hino Motors pleads guilty to US emissions fraud, fined USD1.6b Mail
  • Mercedes-Benz urges US, EU to scrap car tariffs as Trump threatens new duties Mail
  • Apollo’s Rowan to be first defence witness at Javice fraud trial Edge
  • UK home buying surges amid cheaper borrowing Star
  • Santander UK to axe a fifth of branches, around 750 jobs at risk Edge
  • Deutsche Bank plans to cut 2k jobs with significant branch reduction Edge
  • South Africa set to hold rates until dust settles Star
  • Global music business raked in USD29.6b in 2024 NST

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