Capital markets news | Wed 2 Apr 2025
Equity
- HI Mobility gains 9% on Main Market debut Edge NST Star
- Chemicals firm SumiSaujana’s IPO oversubscribed 1.85 times Edge Star
- Kerjaya Prospek to raise RM147m via rights issue, loan stocks Edge
- SC updates guidelines on unlisted public company share offerings Edge Star
- Why ETFs are unpopular in Malaysia Edge
- RM131.5m govt co-investment fund for SMEs Edge Mail
- Seeking opportunities in a risk-off market Edge
- Sarawak Cable’s auditor issues disclaimer of opinion on accounts Edge
- Teleport to raise USD100m for capacity expansion Edge
- Selangor-based WF closed below IPO price on Nasdaq listing Edge NST Star
- China’s biggest state banks to raise USD71.6b to boost capital Edge Star
- Asset manager VanEck returns to China after aborting mutual fund plan NST
- Chinese investors pour record funds into Hong Kong stocks in 1Q Edge
- Hong Kong derivatives trading surges on volatility, hedge fund interest Edge
- South Korea’s short-selling resumption set to entice global funds Edge Star
- Newsmax IPO closed up 735% Edge Yahoo
- Bitcoin miner MARA starts USD2b stock sale Coindesk
- Stablecoin giant Circle files for IPO Coindesk Yahoo
- OpenAI finalises USD40b funding at USD300b value Edge Mail NST Star
- AI blockchain Ambient raised USD7.2m in seed funding Coindesk
- BlackRock’s Larry Fink to unlock private investments for the masses Yahoo
- Goldman’s Kostin slashes S&P 500 target again on growth risk Edge
- CK Hutchison mulls global telco assets London listing Edge
- Investors pour record USD11b into Europe ETFs Yahoo
- Hedge funds are selling off global tech stocks at fastest pace in 6 months Yahoo
- Gold hits record high as tariffs spark safe-haven demand Edge NST Star Yahoo
- Brent oil price to fall to USD65-USD75 in 2025 Star
Debt and money markets
- Gamuda outlook raised to positive, AA3 and P1 ratings affirmed RAM
- Saracap Ventures’ MTN programme assigned AAA(s) rating RAM
- Exsim’s Tranche 3 IMTN upgraded to AAA with full cash-backing RAM
- Luring retail investors to tokenised sukuk, bonds Star
- Pick-up in corporate lending to support loan growth Star
- Civil servants’ burden of debt Star
- Foreign investors shifting to safer Malaysian assets amid market volatility Edge Star
- New World seeks USD2b loan pledging prized Hong Kong asset Edge
- US credit risk gauge shows fear rising as tariffs loom Yahoo
- SoftBank seeks record USD16.5b loan for AI growth in US Edge
- GameStop closed USD1.5b convertible note issuance Coindesk
- Another US debt downgrade could be coming Yahoo
- UK banks’ RM252b predatory car loan scandal Mail
- EU agencies seek to cut red tape in EUR1.2t ABS market Yahoo
Digital assets
- Trump family to launch US bitcoin mining venture with Hut 8 Edge
- The future of finance is built on bitcoin Cointelegraph
- Bitcoin nears USD85k before tariffs kick-in Coindesk
- Bitcoin price flips volatile as traders eye USD84.5k breakout Cointelegraph
- Strategy buys bitcoin dip with USD1.9b purchase Cointelegraph
- Bitcoin put option trade highlights declining price Coindesk
- Bitcoin headed below USD60k says crypto hedge fund manager Coindesk
- California introduces bitcoin rights in amended digital assets bill Cointelegraph
- Crypto tokens down 50% on Binance due to trading bot glitch Coindesk
- US openness to crypto could raise risk levels in traditional finance Coindesk
- Lack of dedicated secondary markets is slowing tokenisation Cointelegraph
- Fix for Web3’s memory problem Coindesk
- NFT marketplace X2Y2 shuts down after 3 years, pivots to AI Cointelegraph
- Japan to give crypto assets legal status as financial products Edge
M&A and property
- Holiday Villa buys Crown Regency serviced suites Edge
- Seremban Engineering sells Senawang property Edge
- GUH buys Semenyih land for RM71.7m Edge
- UBS gets regulatory approval to fully own China securities joint venture Edge
- Eleven deal on security grounds would hurt Japan’s image NST
- UBS completes merger of Credit Suisse service units in India NST
- Temasek, GIC to buy Novotech stake in deal with TPG Edge
- Trump says TikTok sale deal to come before 5 Apr deadline Edge Mail
- Trump tariffs hinder M&A and IPOs in supposedly blockbuster quarter Yahoo
- xAI buys social network X in surprise deal Edge Mail Star
- Bitcoin miner Hut 8 could look to acquire a hyperscaler Coindesk
- Couche-Tard, 7-Eleven face early hurdle on store divestiture plan Yahoo
- Germany’s DHL to acquire US pharma logistics firm Cryopdp Yahoo
- Lineage finalises acquisition of Bellingham Cold Storage Yahoo
- CK Hutchison will not sign sale of Panama ports next week Edge Mail NST
- Temasek weighing sale of UK testing firm Element Materials Edge
- UK’s Majestic to buy distributor Enotria&Coe Yahoo
- Temasek-backed 65 Equity in Swiss pharma merger Edge
Malaysian financial market news
- WEF highlights EPF as model for sustainable retirement reform Edge
- Export, import prices up 0.1% and 0.3% in Feb Edge Star
- Producer price index up 0.3% in Feb Star
- Trump’s tariffs could hit Malaysia’s rubber glove exports to US NST
- Investor pass launched to attract foreign investment from 1 Apr Edge
- Public-private collaboration key to advancing high-income economy NST
- Bidding for Johor Bahru’s e-ART intensifies Edge
Asian financial market news
- Singapore private home prices edge higher on back of sales boom Star
- Thai outlook dims after quake, raising chance of rate cut Edge
- Trump Organization eyes Vietnam projects amid tariff risks Edge
- Vietnam slashes duties on range of imports to head off US tariffs NST
- Brazilian meatpacker to build 2 factories in Vietnam Star
- Fintech players eye Philippines market Star
- Chinese factory activity expands before expected Trump tariffs Edge Star
- Trump’s trade war much worse this time for Chinese manufacturers Star
- BoJ mulls pace of hikes as survey signals strength Star
- Core inflation in Japan’s capital accelerates Star
- Japan’s production rises most in 11 months ahead of new US tariffs Edge
- Japan business mood slumps to 1-year low on Trump tariff uncertainty NST
- US slams India’s burdensome import rules and high tariffs Mail Star
- Asia’s factory activity weakens as US tariffs sap confidence NST Star
Other financial market news
- Australia’s central bank holds rates as it frets over trade war risk Edge Star Yahoo
- Trump to unveil country-based tariffs on 2 Apr Edge Mail Star Yahoo
- Trump’s trade war erodes dollar’s safe-haven status Mail
- IMF assessing Trump’s tariff plans, does not see US recession NST
- Trump hopes new tariffs send buyers to American cars Edge
- US automakers in mad dash to persuade Trump to temper tariffs Star
- US freezes WTO funding as Trump continues isolationist policy Mail
- Foreign boycotts could deal USD83b hit to US GDP in 2025 Yahoo
- US manufacturing slips into contraction as costs surge Yahoo
- Trump weighs bailouts for farmers hurt by retaliatory tariffs Yahoo
- Bitcoin could threaten dollar’s reserve currency status Coindesk
- SoftBank may pledge USD1t for AI effort in US Edge
- US firm settles claims it helped Chinese companies ship fentanyl chemicals Edge
- US regulator junks requirement for firms to report climate impact Mail
- US judge rejects J&J’s USD10b baby powder settlement NST
- US to revoke authorisations to foreign partners of Venezuela’s PDVSA Edge
- Britain eyes exemption from Trump’s global tariffs Mail
- Apple, Meta face modest fines as EU seeks to avoid US spat Edge