Capital markets news | Tue 8 Apr 2025
Equity
- Property developer SPB signed underwriting with HLIB for Main Market IPO NST
- Tariff jitters spark global market bloodbath, FBM KLCI plunges over 5% Edge NST
- Short selling suspended for 18 counters amid market sell-off Edge Star
- Weak sentiment puts damper on Malaysian IPO market after strong start Edge
- Foreign selling of Bursa-listed shares slows to RM426.6m Star
- Thailand temporarily bans short-selling to calm stock market Edge
- China sovereign fund steps in to support stocks plunging on trade war Edge NST
- HK shares suffer steepest decline since 1997, state fund steps in Edge NST Star
- Foreign investors pull RM31.68b from Asian markets, South Korea worst hit NST
- Australian pension with USD117b looking to buy amid turmoil Edge
- 7-minute USD2.5t stock rally triggered by 90-day tariff pause rumour Yahoo
- Hedge funds capitulate, investors brace for margin calls in market rout Yahoo
- BlackRock CEO sees another 20% drop, currently buying opportunity Yahoo
- BlackRock CEO wants investors to embrace 50/30/20 Yahoo
- Oil drops to 4-year low, metals fall on recession fears Edge NST
- Gold drops to 3½-week low as market sell-off hits bullion NST Star
Debt and money markets
- Alliance Bank nears RM15b goal in new sustainable loans NST
- Asean urged to scale up private capital investments for climate projects NST
- Credit gauges in Asia show most concern since early pandemic Edge
- Chinese bond yields fell to record low Star
- SoftBank plans largest bond for retail investors amid turmoil Edge
- Traders see 5 Fed cuts in 2025 and risk of emergency move Edge Star Coindesk
- Global credit starts to wobble as market pain spreads Star Yahoo
- US bonds rally on recession fear Star
- Hedge funds eye deals too costly for insurers Star
- Banks postpone loan sale for HIG’s US-Canada IT merger Edge
Digital assets
- Crypto sell-off worsens with XRP, SOL, DOGE down 20% Coindesk
- USD100m leveraged ETH positions face liquidation with 15% price drop Coindesk
- Strategy didn’t add bitcoin, expects to book USD6b loss in 1Q Coindesk
- Ripple, BCG project USD18.9t tokenized asset market by 2033 Coindesk
- Stablecoins are the best way to ensure US dollar dominance Cointelegraph
M&A and property
- Corporate exercise in the offing at Pos Malaysia Edge
- Marine & General buys tanker from Muhibbah for RM55m Edge NST Star
- Nestle buys balance 40% of Chinese confectionery firm Hsu Fu Chi Star
- Australia’s Star Entertainment agrees USD180m Bally’s rescue bid Edge
- China urges Australia not to politicise Port of Darwin lease Edge
- Australia’s Abacus Storage King gets takeover bid at USD1.2b valuation NST
- Stonepeak buys 40% stake in Woodside Energy’s Louisiana LNG project Edge
- Trump directs security panel to review US Steel deal Edge
Malaysian financial market news
- Govt in no rush to revise GDP growth projections NST Star
- What could cause BNM to change the OPR in 2025 Edge
- Malaysia will not be spared decline in global investments Edge
- US tariffs to have broad impact on Malaysia NST Star
- US clarification on 24% tariff sought Edge NST
- US tariff could disrupt palm oil exports, but Malaysia has competitive edge Edge NST
- The RM42b oil palm replanting conundrum Star
- Malaysia may draw more foreign factories than regional peers NST
- National adaptation plan to be completed next year Edge
- Raja of Perlis officiates opening of Jabil’s new manufacturing facility NST
Asian financial market news
- Singapore’s growth under pressure amid Trump tariffs Star
- Singapore seen easing monetary policy as tariffs threaten growth NST
- Singapore’s retail sales fall 3.6% in Feb as tariffs loom Star
- Indonesia’s central bank to intervene when domestic markets reopen Edge
- Indonesia wants fair and equal relationship with US Edge
- Vietnam PM calls for flexible response to US tariffs Star
- Vietnam should have seen US tariff hit coming Star
- Philippines mulls cutting tariffs on US products Edge
- US Treasury personnel discusses tariffs with Asean officials Edge
- Microsoft venture Wicresoft to halt China operations, lay off staff Edge NST
- China tells US companies it will protect rights of foreign-funded firms Edge
- China appeals for calm, readies plans to counter Trump’s tariffs Edge
- China discussing front loading stimulus to counter tariffs Coindesk
- Japan seeks broad tariffs deal amid stocks rout Star
- US and India discuss tariffs and progress towards fair trade Yahoo
Other financial market news
- Australian dollar dives to 5-year low as markets bet on big rate cuts Star
- BlackRock’s Fink says most CEOs tell him the US is in a recession now Yahoo
- Goldman Sachs raises odds of US recession to 45% Yahoo
- Trump pushes Fed to cut rates, says there is no inflation Coindesk
- BlackRock’s Fink says zero chance of 4 Fed rate cuts this year Yahoo
- The Trump-Bessent 3-3-3 economic recovery plan Star
- White House denies mulling 90-day delay on imposition of tariffs Coindesk
- Trump’s economic team faces flood of tariff critiques Yahoo
- Bill Ackman warns Trump is losing business leaders’ confidence Edge Star
- JPMorgan CEO warns tariffs could slow US growth, fuel inflation Edge Yahoo
- Billionaire Druckenmiller does not support tariffs exceeding 10% Yahoo
- Trump threatens additional 50% China tariff over retaliation Edge NST Yahoo
- Over 50 nations want to start trade talks with US after tariffs NST Star
- Trump says foreign govts have to pay a lot of money to lift levies Edge
- Fintech companies caught up in tariff turmoil Yahoo
- Audi holding cars in US ports due to autos tariff Edge
- Britain to relax electric vehicle targets as automakers reel from tariffs Edge Star
- Trump tariff shock rips up Germany’s China strategy under Merz Star
- All EU retaliation tools against US on table Edge
- Renewable energy supplied record 32% of global electricity in 2024 Edge