Capital markets news | Thu 10 Apr 2025
Equity
- SumiSaujana closed 25% under IPO price on ACE Market debut Edge NST
- Reach Ten pushes ahead with Main Market IPO Edge NST Star
- WTEC launches ACE Market IPO to raise RM33m Edge NST
- Cuckoo delays Bursa listing to Jun amid market rout Edge NST Star
- PSP Energy seeks ACE Market IPO to expand ship-to-ship bunkering biz Edge
- WCT gets shareholders’ nod for Paradigm REIT listing Edge NST Star
- Malaysian GLICs reassess exposure to US stock market NST
- PNB looking to quit legacy investments to strengthen portfolio Edge NST Star
- US tariffs uncertainty complicates Khazanah’s private assets exit Edge Mail Star
- Indonesia suspends stock trading after markets crash Mail
- Taiwan activates USD15b stock stabilisation fund Yahoo
- Samsung SDI cuts share sale price as shaky global markets hit Asian deals Edge
- REITs could outperform market in uncertain economic climate Yahoo
- Investors increasingly turn to inverse ETFs to hedge against downturns Yahoo
- This lousy stock market is great for bots Star
- Gold ETFs drew largest inflow in 3 years in 1Q Yahoo
- Oil hits 4-year low as trade war escalates Edge NST Yahoo
Debt and money markets
- Top Glove’s RM3b IMTN AA-(cg), perpetual sukuk A(cg) ratings affirmed MARC
- Asean+3 to operationalise rapid financing facility Edge
- Evergrande liquidators sue Hong Kong Golf Club in hunt for funds Edge
- US bonds, dollar battered as sell America trade heats up Edge NST Star
- US corporate bond market issuances have dried up Star Yahoo
- Traders exit basis trade in dash for cash Star Yahoo
- US treasury secretary denies bond market panic caused tariff back down Yahoo
- Foreign central banks took lion’s share in 10-year US Treasury auction Yahoo
- Catastrophe bonds among few asset classes withstanding selloff Yahoo
- Short- and ultra-short-term bond ETFs still positive Yahoo
- UK borrowing costs hit highest since 1998 amid global bond rout Edge
- Global bond rout starting to sound market alarm bells Edge
- Sukuk markets vulnerable to tariff-driven global volatilities NST
Digital assets
- Bitcoin jumps 6% to USD81k on tariff pause Coindesk
- Bitcoin price could rally even as global trade war rages on Cointelegraph
- Bitcoin significantly de-risked, 80% of cyclical price correction done Cointelegraph
- Bitcoin may rival gold as inflation hedge over next decade Cointelegraph
- How DeFi defied market carnage as traders poured millions amid panic Coindesk
- Teucrium’s XRP ETF debuted with USD5m in trading volume Coindesk
- World Liberty Financial begins selling ETH as losses top USD125m Coindesk
- Memecoin degeneracy funds anti-aging research Cointelegraph
- Scaling the EVM requires an L1, not an L2 Cointelegraph
- Argentina’s congress launches probe into LIBRA fiasco Coindesk
M&A and property
- Axiata seeks adviser for Edotco sale Edge
- Cybersecurity firm LGMS seeks stake in Antarex to expand regional presence Edge
- KIP REIT to acquire RM118m worth of suburban retail assets Edge
- China says any TikTok deal has to comply with Chinese law Edge
- Trump says TikTok deal is still on the table Yahoo
- Trump says he doesn’t want Japan to own US Steel Yahoo
- Meta faces antitrust trial as US seeks to split off Instagram, WhatsApp Mail
- CK Hutchison rejects accusations over Panama Ports payments Edge
- UK could nationalise Chinese-owned British Steel Edge
Malaysian financial market news
- Federal govt deficit to narrow to 3.8% of GDP in 2025 Edge Star
- Slower growth expected Star
- BNM to look beyond key rate amid tariffs Edge Star
- Malaysia seeks dialogue with US on tariffs as a strategic partner NST
- Putrajaya to detail US tariff response next Monday Edge
- Malaysia to host special Asean meeting on US tariffs today NST
- Calls for transparent trade data with US Star
- US tariffs may help boost automotive exports Edge
- Palm oil producers could capture US market share from Indonesia Edge Star
- Malaysia could boost market share as US tariffs shift APAC trade Edge Star
- Malaysian exporters halt US shipments amid tariff confusion Edge
- Miti aims for 50% increase in bilateral trade with New Zealand Edge
- Able seeks USMCA zero-tariff benefit for US exports Edge
- Automotive sector contributes 5% or RM82b to GDP NST
- LNG Canada to introduce natural gas into Kitimat plant today Edge
- Sabah to build RM3b run-of-river power plant this year NST
Asian financial market news
- Indonesia’s palm oil groups urge levy cuts to offset US tariff impact Edge
- Toymaker Lego opens Vietnam factory, closer to key markets Edge
- Vietnam pleads for 45-day delay, offers to buy more US products Mail
- Myanmar quake-hit garment industry warns tariff threatens survival Mail
- Upgrade of Asean’s trade pact with Australia, New Zealand soon Edge
- US biz council to tell Washington tariffs jeopardise Asean business ops Edge
- China will impose 84% tariffs on US goods today, up from 34% Edge Mail NST Star
- China slaps restrictions on 18 US firms over Trump tariffs Edge
- China reduced reliance on US farm imports, sharpened trade war toolkit Edge
- China plans high-level meet to craft support measures after US tariff hikes Edge Star
- China says it does not want trade war but will fight US tariff hikes Edge Mail
- China’s car exports under pressure as Trump tariffs roil overseas markets Yahoo
- China’s central bank asks state lenders to reduce dollar purchases Edge
- Tariffs may encourage more yuan use Star
- China’s yuan falls to weakest level since 2007 as US tariffs rise Mail Star
- China releases white paper on China-US economic, trade relations NST
- China expresses grave concern to WTO about Trump tariffs Edge
- China issues risk alert for tourists travelling to US Edge
- Apple supplier Luxshare weighs manufacturing in US to tackle tariffs Edge
- Taiwan hopes for quick agreement with US on tariffs Edge NST
- Taiwan’s Foxconn makes case to build EVs for Japan’s auto industry Edge Star
- TSMC will pay 100% tax if it doesn’t build in US Edge Mail NST Star
- BOJ governor highlights uncertainty while keeping rate hike stance Edge
- Japan, US may debate FX in trade talks NST
- India’s central bank cuts rates to boost growth as tariffs take effect Edge NST Star
- Asian buyers shun US farm goods, hit by ship crunch and trade war Edge
- DBS sees more trade flows in Asia, Africa post Trump’s tariffs Edge
- US tariffs, China slowdown cloud developing Asia’s growth outlook Edge
Other financial market news
- New Zealand central bank cuts cash rate to 3.50% as expected Edge Star
- Trump pauses some tariffs, boosts China’s Edge Star Cointelegraph Yahoo
- Mar CPI report could be last time investors see inflation easing Yahoo
- Fed’s Kashkari sees higher bar for rate cuts with tariffs Edge
- Texas oilmen furious at Trump as oil prices fall Edge
- US weighs farmer bailout as China retaliation threatens exports Edge
- US tariffs pose mixed fiscal impact, not solve underlying challenges NST
- Dimon says recession the likely outcome of tariff upheaval Edge
- US mortgage rates drop to lowest since Oct, spurring demand Edge
- US considers adjusting port fee plan for Chinese vessels after pushback Edge
- Trump says pharmaceutical tariffs coming very shortly Edge
- Trump accuses China of currency manipulation to offset US tariffs Mail
- US to tax small parcels from China at 90% plus postal fee Edge NST Star
- Bessent sees a deal with allies, then group approach on China Edge
- Trump moves to block state climate change policies Star
- BOE warns UK is exposed to risks of global hit from Trump tariffs Edge
- Spain pushing for EU pivot to China to counter Trump tariffs Edge
- EU adopts tariffs on EUR21b of US goods in metals fight Edge Mail
- What’s behind the EU’s watered down retaliation against tariffs? Mail
- ECB braces for bigger-than-anticipated growth hit from tariffs Edge
- Europe seen struggling to compete with China on rare earths Edge NST
- US tariffs threaten 35k citrus jobs in South Africa Edge
- PC shipments grow fastest in 4 years to avoid tariffs Edge
- Ray Dalio sees once-a-lifetime collapse in economic, political order Edge
- Madagascar risks losing 1/3 of its textile workforce to US tariffs Mail