Capital markets news | Thu 27 Mar 2025


Equity

  • Chemlite dips on ACE Market debut Edge NST
  • Cuckoo launches Malaysia’s biggest IPO in 7 months at RM1.29 Edge NST Star
  • Healthcare services company PMCK gets Bursa’s nod for ACE Market listing Edge Star
  • Singapore’s UMS, Grand Venture Tech approved for secondary Bursa listing Edge
  • PublicInvest ceases coverage of Astro due to limited investor interest NST
  • What’s behind first-day slump in Bursa’s IPOs? NST
  • Qraft, RHB launch Malaysia’s first AI-driven multi-asset fund Mail
  • Agape nets USD23m in private placement for expansion NST
  • MAS-led measures to revive SGX a good start Star
  • China’s CATL Hong Kong listing approved, could raise USD5b Edge Yahoo
  • Hottest emerging ETF sees record outflows as China gains Edge
  • LG’s Indian unit may get lower valuation than expected Edge Yahoo
  • India’s high taxes are a buzz-kill for likes of Carson Block Edge
  • Chat app Discord working with Goldman, JPMorgan on planned IPO Yahoo
  • Goldman says end of Argentina FX controls key to reviving IPOs Yahoo
  • Goldman Sachs raises end-2025 gold price forecast to USD3,300 Yahoo
  • Gold climbs as bullion-backed ETFs add to holdings this year Yahoo

Debt and money markets

  • Islamic banks resilient with 8% financing growth in 2025 RAM NST
  • Robust loan growth to buoy Malaysian banks Star
  • Qualitas Medical entities assigned initial ratings RAM
  • SPR Energy’s senior sukuk B1 rating affirmed RAM
  • Agrobank targets RM1.6b net financing expansion in 2025 Edge NST
  • Petronas to raise USD3b in dollar bond deal Edge Star
  • Grab seeks up to USD2b loan for takeover of GoTo Edge NST
  • Vietnam plans national housing fund Star
  • Hong Kong’s Parkview avoids loan default, plans mall refinancing Edge
  • Bank of India’s first dollar loan in over a decade woos 22 banks Edge
  • IMF, Pakistan reach staff-level deal to unlock USD1.3b new cash Mail NST
  • Deutsche Bank seeks loan participants for Blackstone’s bid for TMA Edge Yahoo
  • GameStop raising USD1.3b via convertible debt to buy bitcoin Coindesk
  • Why the Trump administration should be watching the bond market Yahoo
  • Options traders cut back expectations for US rate cuts this year Yahoo
  • 5-year Treasuries are the go-to for Wall Street’s risk-averse Yahoo
  • Junk bonds win over investors seeking calm from market storm Yahoo
  • BlackRock adds private credit, equity funds to model portfolios Yahoo
  • Vanguard to launch a new multi-sector income bond ETF Yahoo

Digital assets

  • Mt. Gox transfers USD1b bitcoin in third major move this month Cointelegraph
  • Massive whale buys USD200m bitcoin, another wakes up after 8 years Cointelegraph
  • Bitcoin must break this level to resume bull market Cointelegraph
  • Bitcoin price has 75% chance of hitting new highs in 2025 Cointelegraph
  • Movement’s token soars 25% as strategic reserve is unveiled Coindesk
  • World Liberty Financial pitches its stablecoin in Washington Coindesk
  • History suggests that digital gold can rush in an economic revolution Cointelegraph
  • 99% of crypto tokens are going to zero Coindesk
  • HyperLiquid delists JELLY after vault squeezed in USD13m tussle Coindesk
  • US Senator warns against watered-down stablecoin bill Coindesk
  • Specialised purpose DEXs poised for growth in 2025 Cointelegraph
  • Tokenised real estate trading platform launches on Polygon Cointelegraph

M&A and property

  • Axiata, Sinar Mas announce shareholders’ approval for merger Mail NST Star
  • DBS leads race to buy controlling stake in Indonesia’s Panin Bank Edge NST Star
  • ENN Energy gets offer from affiliated firm to take it private Edge
  • Ninestar to sell Lexmark to Xerox at much lower price Yahoo
  • Couche-Tard sees strong interest in US stores for Seven & I deal Edge Yahoo
  • Nissan’s next CEO open to Honda partnership Edge
  • Union says Ancora aims to fund US Steel revival Star
  • IMC sells stake of KFC in Brazil for USD35m, forms joint venture Yahoo
  • Howden to take over UK insurer Barnett Waddingham Yahoo
  • Greencore to increase bid for Tesco supplier Bakkavor Star Yahoo
  • Shell CEO says pursuing major deal may distract Star
  • BASF hires BofA, JPMorgan to advise on sale of coatings business Yahoo
  • Tether is buying 30% of Italian media company Be Water Yahoo
  • Bain buys Ambienta’s software firm Namirial Yahoo

Malaysian financial market news

  • BNM works with Asean peers to boost local currency settlement Star
  • Malaysia’s trade at risk amid US semiconductor tariffs Edge
  • Malaysia to host first Asean Investment Conference NST Star
  • KLIA master plan under review, brick-and-mortar expansion on hold Edge
  • ECRL 80% complete, shifts to large-scale above-ground construction NST

Asian financial market news

  • Singapore, Vietnam partner to boost cross-border electricity trade Edge
  • Indonesia steps up handing confiscated palm plantations to state company Edge
  • China seen leading in chipmaking investment again in 2025 Edge
  • China flooding the world with AI models after DeepSeek success Edge
  • China will ramp up stimulus if growth falters Edge
  • US finds China’s trade surplus too big to accept Edge
  • BOJ to keep raising interest rates if economy on track NST Yahoo
  • Former Japanese judge found guilty in insider trading case Edge
  • Sri Lanka keeps policy rate on hold Star

Other financial market news

  • Australian inflation ticks lower in Feb, backs bets for more rate cuts Star
  • Half of American households hold 97.5% of national wealth Edge
  • Trump announces 25% tariffs on all foreign-made vehicles Yahoo
  • Trump may implement copper import tariffs within weeks Edge
  • Trump says he may give China reduction in tariffs to get TikTok deal done Yahoo
  • Trump says countries will be pleasantly surprised by reciprocal duties Yahoo
  • Rising fears of tariffs pummel US consumer confidence to 4-year low Mail NST
  • Trump tariff inflation may be more than temporary Yahoo
  • US adds dozens of Chinese entities to export restrictions list Edge Mail NST
  • Tokyo Gas to expand US business, including LNG trading NST
  • US business equipment orders fall for first time in 4 months Edge
  • Delaware lawmakers approve bill that critics call giveaway to billionaires NST Yahoo
  • US Treasury risks payment default as soon as August Edge
  • Canada steel, aluminium plants lay off workers due to US tariffs NST
  • Brazil’s central bank says its hiking cycle has room to run Yahoo
  • Finance chief’s exit pressures Colombia central bank to hold rates Yahoo
  • Banks sour on UK currency over economic risks from spending cuts Yahoo
  • Reeves unveils GBP14b repair job after UK growth downgraded Edge NST
  • UK inflation cools unexpectedly in boon for Reeves and rate cuts Edge NST
  • UBS offering permanent cap on size of its investment bank Edge
  • Czechs to pause rate cuts again as risks grow Yahoo
  • Global renewable power capacity falls short of targets despite record growth Star

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