Capital markets news | Fri 11 Apr 2025
Equity
- West River prices ACE Market IPO at 39 sen Edge Star
- Risk-off mode to continue in 2Q on continuous foreign fund outflows Edge
- CATL approved for USD5b Hong Kong listing Edge NST
- Virgin Australia targets Jun IPO despite tariff turmoil Edge
- US senator calls for insider trading investigation into Trump Edge Mail
- USD576b stock ETF juggernaut hit by extreme dislocations Yahoo
- Norway wealth fund sticks with long-term strategy despite USD100b loss Edge
- Profit-taking sees biggest outflow for oil bear fund since 2020 Yahoo
Debt and money markets
- RP Hydro’s sukuk AA3 rating affirmed RAM
- Technofit’s investment note assigned R4 rating RAM
- AmBank grants RM307m financing to Chin Hin for infrastructure projects Edge
- SCIB obtains court order against Awana JV over RM63.9m loan NST Star
- Carsome teams up with Japan’s JACCS for auto financing in Malaysia NST
- Asean infrastructure fund action plan launched Edge NST Star
- China’s Country Garden reaches offshore debt restructuring deal Yahoo
- China knows Trump’s breaking point Yahoo
- US 30-year bond auction abates worst fears of a buyers’ strike Yahoo
- PIMCO’s Ivascyn says US bond market selloff has been orderly Yahoo
- The bond market selloff badly rattled investors Yahoo
- Treasury bond markets caused Trump to blink Yahoo
- House votes to scrap Biden-era consumer finance rules Edge
- Deal extension allows Argentina to borrow USD5b from China Yahoo
- Global credit default spreads narrow as markets rally Edge Yahoo
Digital assets
- Bitcoin tumbles below USD80k as China tariff tiff escalates Coindesk
- Crypto investors flee spot bitcoin, Ether ETFs on tariff-driven uncertainty Coindesk
- Tariffs, trade tensions positive for bitcoin adoption in medium term Coindesk
- Bitcoin could touch USD250k, tech giants adopt stablecoins Coindesk
- How USDT mints and burns move with bitcoin price cycles Cointelegraph
- Investor sold ETH after 900 days, missing USD27m peak profit Cointelegraph
- Tokenised gold nears USD2b market cap in safe haven trade Coindesk
- HyperLiquid TVL fell from USD540m to USD150m over JELLY mistake Coindesk
- Block fined USD40m over money-laundering failure Coindesk Cointelegraph
- UK’s 2026 crypto regime is coming Cointelegraph
M&A and property
- Reservoir Link buys 30% stake in O&G company Star
- Singapore’s SC Capital in talks to buy British data centre group Global Switch Edge
- Magic Eden buys crypto trading app Slingshot to move beyond NFTs Cointelegraph
- Blackstone gears up for USD11b European property buying spree Edge
- Eni expects investors to value Plenitude at more than USD11b Edge
- Prada agrees to buy Versace for USD1.38b despite tariffs Edge
Malaysian financial market news
- 2025 GDP growth forecast cut to 4.5% on tariff concerns NST
- BNM to hold off policy changes pending clarity on US tariffs NST Star
- Ringgit volatility to persist until greater clarity on US tariff policies Edge
- Businesses more concerned about outlook in 1Q RAM
- Vistage-MIER CEO confidence index dips further to 104.2 in 1Q Edge
- US’ 10% tariff to cause RM88.2b trade deficit Star
- Govt to spur domestic investment to offset global trade uncertainty Edge
- FMM calls for swift govt action during US tariff pause Edge NST Star
- Malaysia in good position to negotiate with US on tariffs Edge
- Non-tariff barrier talks key to market access Star
- US tariffs could spur Malaysia-EU ties NST
- Malaysia, Thailand central banks strengthen ties to boost cybersecurity Edge NST
- Palm oil production up 17% in Mar, inventories edge up Edge Mail NST Star
- Sabah Pan Borneo Highway Phase 1 to be completed by 2029 Edge
- Toyo Ventures’ talks with Vietnamese govt over power plant extended Edge
Asian financial market news
- US tariffs may cut Indonesia growth by 0.5% Star
- Thailand says US tariff talks to factor in high Chinese levy Edge NST
- Vietnam to start negotiations on reciprocal trade agreement Star
- Samsung mulls relocating out of Vietnam or absorbing costs Mail NST
- Nike’s 30-year gamble on Vietnam is rattled Star
- US tariffs may speed Vietnam into China’s arms Mail
- Vietnam’s economy to grow at 6.5%-6.6% in 2025-2026 Star
- Philippine central bank cuts policy rate, signals more cuts Edge Star
- Laos says 90-day pause very short for US tariff negotiation Edge
- Asean urged to review non-tariff barriers to boost intra-regional trade NST
- Asean’s economic growth to exceed 4% in 2025-2026 NST
- Asean seeks non-retaliatory strategy against US tariffs Mail NST
- China’s consumer price index drops 0.1% in Mar Mail NST
- Chinese state media hints at rate cuts to counter Trump’s tariffs Edge
- Beijing seen unlikely to blink before Trump Mail
- Beijing bites back at US tariffs by curbing Hollywood imports Edge
- For Rolls-Royce, China key to driving business growth Star
- US brands could face anti-American pushback in China Yahoo
- Chinese sellers on Amazon to hike prices or exit US as tariffs soar Star
- China and EU discuss trade in response to US’ punitive tariffs Edge Star
- China ready to work with Asean to strengthen trade cooperation Mail
- China’s coal use forecast to peak by 2028 Star
- Taiwan could buy USD200b more from US as part of trade deal Edge NST
- Trump tariff pause gives Taiwan some breathing space NST
- Japan to keep pressing for tariff relief during 90-day pause Edge NST Star
- Japan’s wholesale inflation accelerates, signals sticky cost pressure Edge NST
- Oil crash could push Saudi Arabia’s budget deficit to USD67b Edge
Other financial market news
- Australian gas plant exposes energy woes Star
- Australia turns down China’s offer to join hands to fight US tariffs Mail NST
- New Zealand, Australia speak with EU about bolstering free trade Edge
- Aukus nuclear submarine sale under scrutiny Edge
- Fed officials signal no plans to ride to the rescue with rate cuts Edge NST
- Fed likely to stay cautious on rate cuts despite cooler inflation reading Yahoo
- CEOs brace for recession even after tariff reprieve boosts stocks Star
- US importers, whip-sawed by tariff uncertainty, move to sidelines Star
- Intel CEO invested in hundreds of Chinese companies Edge
- 25% auto tariffs could cost US automakers USD108b Star
- Apple’s iPhone cost could rise 90% if it’s made in US Edge
- Apple airlifts 600 tons of iPhones from India to beat Trump tariffs Edge
- Tesla’s competitors lure existing owners away with discounts Edge
- Alphabet reaffirms USD75b spending plan in 2025 Edge NST
- Novartis plans USD23b US investment as Trump threatens pharma tariffs Yahoo
- Trump signs executive order seeking to revitalise US shipbuilding Edge
- Trump is already slowing global trade as companies pause orders Edge
- Trump’s big blunder is the size of tariffs Edge
- Hassett says US well advanced in talks, 15 offers on table Edge
- Goldman cuts US auto sales estimate by 1m units due to tariffs Edge
- Tariff war could cut US-China goods trade by 80% NST
- US exporters won’t thrive in a plus-one world Star
- France cuts its growth forecast for 2025 on tariff uncertainty NST
- German economy to stagnate even if Trump scraps reciprocal tariffs Edge
- EU to pause metal counter-tariffs against US for 90 days Edge