Capital markets news | Mon 24 Mar 2025
Equity
- Lim Seong Hai closes 5.7% lower on ACE Market debut Edge NST Star
- Main Market-bound HI Mobility oversubscribed 6.6 times Edge Star
- Autopart distributor MSB prices ACE Market IPO at 20 sen Edge NST Star
- Unique Fire secures SC approval for transfer to Main Market Edge
- Poultry farmer Farmiera seeks ACE Market IPO Edge
- Alliance Bank proposes renounceable rights issue to raise RM600m Edge Star
- Crest Builder plans private placement to raise RM24.3m Edge NST
- Bursa’s revamped single stock futures contract set for 24 Mar Edge Star
- Tabung Haji rules out gold investments, sticks to conservative assets Mail NST
- Ticket reseller StubHub files for IPO Yahoo
- Hedge fund pessimism over Wall Street hits 5-year high Edge
- Strategy raises USD711m in upsized perpetual offering to buy more bitcoin Coindesk
- Options market focused on jobs and inflation over tariff reveal Yahoo
- Turkey bans short-selling, eases buybacks to stem market slide Yahoo
- Will gold prices hit USD5k mark by year-end? Edge
Debt and money markets
- AmBank Islamic approves RM180m for Nextgreen subsidiary NST Star
- Malaysian banks on steady footing despite external pressures RAM NST Star
- GXBank tops digital banking sector deposits with RM2.16b in Sep 2024 Edge
- EM junk debt rally set to snap Star
- Continued US Fed rate cut expectations to pressure bond yields downwards RAM
- Bond market looks to inflation data to back steeper yield curve Yahoo
- Don’t fight Bessent’s Treasury is new mantra in US bond market Yahoo
- X plans purchase of last USD1.2b buyout debt held by banks Edge
- Trump’s housing chief shakes up Fannie Mae and Freddie Mac Yahoo
- US debt could explode above 200% of GDP with Trump’s tax cuts Yahoo
Digital assets
- Current bitcoin bear market will only last 90 days Cointelegraph
- Bitcoin in position for first key RSI breakout in 6 months at USD85k Cointelegraph
- North Korea-linked Lazarus holds more bitcoin than Tesla Coindesk
- Pakistan crypto council proposes using excess energy for mining Cointelegraph
- Bitcoin mining hashprice stays flat despite higher difficulty Cointelegraph
- Gold-backed stablecoins will outcompete USD stablecoins Cointelegraph
- SEC earnest about finding workable crypto policy Coindesk
- Trump eyes blockchain for foreign aid in USAID overhaul Coindesk
- German regulator orders Ethena’s USDe issuance halt Coindesk
M&A and property
- Jentayu incurs RM6.35m cost from aborted hydro asset acquisitions Edge
- Inta Bina buys company with Bandar Glenmarie development rights for RM5m Edge
- Bonia raises stakes in subsidiary, associate for combined RM13m Edge NST
- Magma eyes land acquisitions in KL, other states NST
- WMG gets compulsory land acquisition notices for Sandakan power project Edge
- China’s Legend explores Banque International a Luxembourg sale Edge
- Green investors are finding bargains in Trump’s Big Oil era Edge
- James Hardie agrees to buy AZEK for USD8.75b Yahoo
- Coinbase could be near multi-billion dollar deal for Deribit Coindesk
- Thames Water rescue deal threatened by missing assets Yahoo
- WPP looking to sell in-flight entertainment provider Spafax Yahoo
Malaysian financial market news
- Matrade eyes new markets as Malaysia chases RM1.7t exports Mail
- Exports and imports set to grow amid global uncertainties Star
- Manufacturers seek 1-year deferment of foreign workers EPF contribution Edge Mail
- Malaysia’s inflation slows to 1.5% in Feb Mail Star
- Mandatory BNPL reporting to credit agencies under new bill Edge NST Star
- IRB rules in favour of DRB-Hicom in RM246m tax appeal Edge NST Star
- Taiwan’s Hotayi Electronic launches RM500m Penang factory expansion Edge Mail
- Nestlé breaks ground for RM250m Port Klang logistics hub Edge Mail NST Star
- Genting fined RM46m as settlement for Las Vegas resort complaint Edge NST Star
- 5 Malaysians charged in pump-and-dump stock fraud Edge
Asian financial market news
- Thailand drafts law to speed up USD29b transport link Edge
- Asean benefits from China’s supply chain diversification Edge NST
- China’s restaurant boom goes bust Mail
- China export controls freeze antimony shipments to EU from Oct Edge
- China imports of US commodities, cars collapse in new trade war Edge
- China vows to pursue globalisation amid trade woes Mail
- Billion-dollar US levies on Chinese ships risk trade apocalypse Yahoo
- Japan’s inflation slows but food prices soar Mail Star Yahoo
- India warns of catastrophic consequences in Volkswagen’s USD1.4b tax dispute Mail
- UAE pledges USD1.4t in US investment after Trump meeting Edge
Other financial market news
- Albanese’s budget play adds AUD1.8b energy relief before Australia election Mail
- Sticky US inflation and tariffs are keeping the Fed sidelined Yahoo
- Trump’s regulatory freeze throws USD320b fishing industry into chaos Mail
- Trump’s trade chief set for China talks as tariff war escalates Mail
- Bayer hit with USD2b Roundup verdict in US state of Georgia cancer case Edge
- UK to slash government costs by 15% as Reeves tackles strained finances Mail
- Turkish central bank, lenders meet before markets open Yahoo