Capital markets news | Mon 7 Apr 2025


Equity

  • Bursa recorded RM9.96b outflow in 1Q, largest in history Star
  • Taiwan tightens short-selling rules to calm market amid tariffs Edge
  • Klarna, StubHub pause IPO with stock market in free fall Yahoo
  • Oil dives 7% to lowest in over 3 years on China’s tariffs Edge NST Star
  • Gold vs bitcoin hedge debate Star

Debt and money markets

  • OM completes USD168m refinancing, gets fresh USD136m loan NST Star
  • AM Best affirms A rating for Hong Kong’s CMB Wing Lung insurance NST
  • Global rate cut bets offer EM investors hideout from Trump chaos Yahoo
  • JGB yields tank as investors unwind positions made for BOJ rate hike NST
  • Treasuries star as a haven even as Trump fans stagflation fears Yahoo
  • Credit’s fear gauges soar most since banking meltdown in 2023 Edge
  • Traders boost bets on Fed cuts as jobs data adds to market angst Edge
  • Junk bonds suffer worst rout since 2020 with US hit hardest Edge
  • USD1t Treasury basis trade blowup could trigger dash for cash Coindesk
  • Tariffs stoke fears that hung debt will return Yahoo
  • Texas gas-fired power stumbles despite USD5b public loans Yahoo
  • Britain risks Greek-style debt crisis from Trump tariffs Yahoo

Digital assets

  • Bitcoin drops below USD79k as cryptos plunge Coindesk Cointelegraph
  • Bitcoin decouples From Nasdaq as US stocks crumble Coindesk Cointelegraph
  • Bond market could be bitcoin’s canary in the coal mine signal Coindesk
  • Bitcoin hard fork proposed for protection from quantum computing threats Coindesk
  • SEC clarifies that most crypto stablecoins aren’t securities Coindesk
  • CFPB likely to step back from crypto regulation Cointelegraph
  • SEC reassesses Biden-era crypto guidance amid regulatory shakeup Coindesk
  • Crypto’s regulatory capture problem in Washington Cointelegraph
  • Onchain gaming promises remain unfulfilled Cointelegraph

M&A and property

  • Lianson Fleet to sell vessel to Dubai-based firm for RM31m Edge Star
  • Axiata extends longstop date for Myanmar tower sale by 3 months Edge NST Star
  • Trump’s TikTok plan upended by Chinese objections over tariffs Edge
  • Seven & i’s new CEO formulates growth plan to fend off takeover bid Edge
  • Australia wants to buy back Darwin port from Chinese firm Edge
  • Blackstone mulls sale of 2 AirTrunk data centres Edge

Malaysian financial market news

  • UOB, Maybank lower growth forecasts on Trump tariffs Star
  • RHB trims 2025 GDP forecast to 4.5% amid tariff pressures Star
  • Malaysia faces economic setback with highest US tariffs in 115 years Mail
  • Miti to detail impact of US tariffs this week Edge
  • Malaysia refutes 47% US import tariff claim Edge NST
  • BNM says still room to negotiate after US slaps 24% tariff Mail
  • OPR cut key to sustaining economy NST
  • BNM may trim OPR by 25bps in Jul NST
  • Short-term rates set to remain stable on BNM operations NST
  • Wholesome change needed to deal with tariffs Star
  • 50k jobs at risk, business chamber warns Edge NST Star
  • Asian ties will aid tech SMEs’ recovery Edge
  • Economists encourage intra-Asean trade in face of tariffs Star
  • Technology, glove among sectors thriving under US tariffs NST
  • US tariffs waiver helps semiconductor firms manage chip production costs NST
  • Plodding on for the gig economy legal framework Star

Asian financial market news

  • Indonesia’s central bank vows to support rupiah amid trade tariffs threat Edge
  • Jakarta won’t retaliate against Trump’s tariffs, aims for diplomatic solutions Mail
  • US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam Edge NST
  • Vietnam GDP slowed in 1Q ahead of Trump’s tariffs Edge
  • Southeast Asia rushes to avert tariff pain by enticing Trump Edge
  • Asean will not retaliate but engage US for tariff reduction Star
  • China imposes 34% tariffs on all US goods from 10 Apr Mail NST Star
  • China hits back at Trump with tariffs, limits on key exports Edge NST
  • China’s rare earths curbs put multiple US industries at risk Edge
  • China retaliation on US farm goods hits soybeans, bolstering Brazil Edge Mail
  • China suspends imports of chicken, sorghum from some US firms Edge
  • China requests WTO consultation on new US tariffs NST
  • Dalio sees US, China push for yuan deal as part of trade relief Edge
  • Taiwan unveils USD2.7b in help for companies to deal with US tariffs Edge
  • Trade war could disrupt made in Taiwan imports Edge
  • Taiwan to boost US investments, remove trade barriers Mail
  • Yen, Swiss Franc rally as traders seek havens on tariff defiance Yahoo
  • US tariffs spur fears about Japan’s fragile recovery Edge
  • Uproar over India minister’s call for startups to create tech like China Edge Mail
  • India central bank to cut rates 3 more times this year on tariff threat Edge
  • Resilient growth buoys Asia Star

Other financial market news

  • Australian PM unveils USD1.4b plan to reduce power bills Edge
  • Australian beef farmers say Trump tariffs to boost price of US hamburgers Edge
  • Tariffs have investors concerned New Zealand’s kiwi may near 2020 low Yahoo
  • Trump tax cut, debt limit plan advances amid tariff turmoil Edge
  • Larger-than-expected tariffs mean higher inflation, slower growth Edge Mail
  • One of the Fed’s top recession alarms sends 2008-style signal Edge
  • JPMorgan lifts global recession odds to 60% as US tariffs stoke fears Edge Mail
  • Principal Asset Management predicts no US recession Star
  • A crisis of confidence in the dollar Edge
  • America’s passion for tariffs rarely pays off Mail
  • US solar’s hoarding habit will help blunt sting from tariffs Edge
  • US starts collecting Trump’s new 10% tariff, smashing global trade norms Edge NST
  • Trump’s tariffs are largest US tax hike since 1968 Edge
  • Trump team rejects market fears, shows defiance on tariffs Yahoo
  • Big pharma next on Trump’s list Mail
  • From Ray-Bans to wigs, US buyers may see unexpected price hikes Edge
  • US farmers see tariffs threaten earnings Mail
  • Impact of tariffs on US agriculture, fuels, machinery and chips Mail
  • Automakers raise prices, pause production as 25% tariff kicks in Mail
  • Nissan eyes US production for Rogue SUV as tariffs take effect Mail
  • Nike won’t build factories in US, they will sell to China Yahoo
  • Companies building new factories brace for higher costs Yahoo
  • Trump administration sued over Chinese import tariffs Edge NST Star
  • Trump may weaponise finance against allies Edge
  • California seeks new trade ties to protect USD3.9t economy Mail
  • Musk says he hopes for zero tariffs between US and Europe Edge NST
  • Canada minister wants LNG Canada doubled, eyes western pipeline upgrade Edge
  • Canada loses 33k jobs, most since 2022 Edge
  • Jaguar Land Rover pauses US shipments to assess impact of 25% tariff Mail
  • London’s Canary Wharf office vacancies hit new record NST
  • Trump tariffs could cut France’s GDP growth by half a point Edge
  • French finance minister tells EU not to retaliate in kind for US tariffs Edge
  • EU begins US tariff talks while accepting end of old world order Edge
  • Russia, Cuba and North Korea escape worst of Trump’s tariff wrath Edge
  • Zimbabwe to suspend duties on US goods NST
  • Trump tariffs sow fears of trade wars and USD2,300 iPhone Edge NST Star
  • Growing concerns of recession on revised GDP in major economies, US NST

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