Capital markets news | Tue 15 Apr 2025
Equity
- Pan Merchant receives Bursa’s nod for ACE Market IPO Edge NST
- Egg seller Hock Soon seeks Main Market IPO to fund farm expansion Edge
- Plastic powder supplier Polymer Link eyes ACE Market listing Edge
- OCI put brakes on Malaysia IPO plan on market turmoil Edge Star
- Bursa still eyeing 60 listings this year Edge NST
- Reach Energy faces delisting as regularisation plan extension rejected Edge NST Star
- TXCD seeks 6-month extension for regularisation plan submission Edge NST
- Foreign investors net sold RM1.97b Malaysian stocks for 25th straight week NST
- PNB says US, China assets are important components of portfolio Edge NST Star
- Indonesian coffee chain Fore jumps 34% in Jakarta trading debut Edge
- Qatar to pour USD2b into Indonesia’s new sovereign wealth fund Mail
- China’s stock rescue in full swing as ETF inflows hit record Edge
- Foreign investors pull USD5.87b from Asian markets Edge Mail
- Citigroup turns cold on US equities, joining Wall Street peers Edge
- Trade tensions can lead to stock market crashes Edge
- Opec cuts oil demand forecast for 2025 and 2026 on trade war Edge NST Star
- Goldman Sachs warns oil faces large surpluses through 2026 Edge
- Goldman puts USD4k gold on the agenda as hunt for havens grows Edge
Debt and money markets
- DKSH issues RM300m medium-term notes Edge NST Star
- Exim Bank signs USD20m supply financing deal with Pertama Ferroalloys Star
- Banks may offer Covid-style loan relief to exporters facing tariff pressures Edge
- Olam to spend USD2b from Saudi sale on lowering its debt Edge
- Hong Kong moves closer to intervention as trade war sinks the dollar Edge
- Asian dollar credit incurs worst losses in 5 years on tariffs Edge
- Yellen says sell-off in Treasuries shows US confidence loss, not dysfunction Edge
- Dollar fears grow as traders increase hedges to 5-year high Edge
- Credit investors spot opportunity in market turmoil Star
- Euro emerging as alternative safe haven along with bunds Edge
Digital assets
- Bitcoin hovers at USD85k as Fed’s Waller suggests possible rate cuts Coindesk
- Metaplanet is 10th largest public bitcoin holder with latest buy Coindesk
- Trump family all in on crypto projects from bitcoin mining to stablecoins Edge Star
- Tether emerges as major crypto lender since collapse of sector Edge
- XRP, Cardano, Solana show technical strength, indicating recoveries Coindesk
- Mantra CEO says OM token recovery primary concern Cointelegraph
- Why Canada needs a blockchain strategy Coindesk
- Google to enforce MiCA rules for crypto ads in Europe Cointelegraph
- South Korean regulators block unreported virtual asset operators Coindesk
M&A and property
- Italian tycoon emerges as lead investor for CK Hutchison ports Edge
- I Squared’s HKBN bid hits snag as China Mobile buys stake Star
- Trade war raises alarm for Ansys-Synopsys deal Star
- CZR receives USD46.4m offer for Robe Mesa project in Australia Yahoo
- Intel sells 51% of Altera to Silver Lake Edge Yahoo
- Home improvement retailer Lowe’s to buy Artisan Design for USD1.33b Yahoo
- Buscar buys 50% of bioplastic technologies company Terramer Yahoo
- Japanese group St Cousair to acquire US jams business Yahoo
- FitzMark announces 2 brokerage acquisitions Yahoo
- US Steel must stay American clouds Nippon’s USD15b takeover hopes Mail
- Canadian software company VitalHub to acquire Induction Healthcare Yahoo
- Ageas to buy UK insurer Esure from Bain for GBP1.3b Edge
- Müller to buy UK kefir business Biotiful Gut Health Yahoo
- UniCredit gets German cartel office nod on big Commerzbank stake Edge
- Belgium’s Greenyard subject of takeover offer by Deprez family founders Yahoo
- Scania to acquire Northvolt’s heavy industry battery packs unit Yahoo
- Morocco’s HPS plans fintech acquisition before 2027 Yahoo
- Fortuna divests Yaramoko mine for USD130m, exits Burkina Faso Yahoo
Malaysian financial market news
- No pullback from big foreign investors amid US tariffs Edge
- SERC warns against misuse of Malaysia as transshipment hub Edge
- Non-retaliatory trade policy, export diversification reaffirmed amid US tariffs Edge
- Malaysia must present strong business narrative at US tariff dialogue Edge NST
- Malaysia has to rely on domestic demand as exports threatened Edge
- Moody’s cuts Malaysia’s 2025 growth forecast to 4.4% Edge NST
- IPI growth likely to further moderate to 2% this year Star
- Unemployment rate to average 3.2% in 2025 NST
- National gas roadmap being finalised, to be unveiled later this year Edge NST Star
- Majujaya files petition to wind up Bina Puri for failure to pay RM30m Edge
- Jentayu signs 40-year PPA for RM2.8b 162MW Sabah hydropower Edge NST Star
Asian financial market news
- US tells Singapore banks, shippers to expect more Iran pressure Edge
- Singapore eases monetary policy as expected Edge NST Star
- Singapore cuts 2025 GDP forecast on US tariff impact NST Star
- Indonesia arrests judges who cleared palm oil companies of graft charges Edge
- Indonesia to offer to increase US imports to help trade talks Edge Star
- Indonesia’s foreign reserves hit record high despite rupiah rout Edge
- Thailand readies US trade strategy ahead of talks next week Edge
- Vietnam tells firms to tighten control on origins of goods and materials Edge
- Tariffs to impact millions of Chinese workers in blow to economy Edge
- China’s Mar exports jump in temporary boost Edge Mail NST
- Beijing goes on wartime footing Mail
- China allows new coal plants through 2027 to fill renewable gaps Edge
- South Korea unveils USD23b support package for chips Yahoo
- Japan says no plan for big concessions in talks on US tariffs Edge
- Apple India produces USD22b of iPhones in shift from China Edge India eyes wrapping key aspects of US trade talks in 6 weeks Edge
Other financial market news
- Fed survey indicates expectations of tariff-fuelled price surge Yahoo
- Fed’s Waller warns tariffs could push inflation to 5% while economy slows Yahoo
- Trump warns no country off the hook on tariffs NST
- Trump warns tariffs coming for electronics after reprieve Edge Mail
- Tariffs on imported semiconductor chips coming soon Edge NST
- Trump is looking at something to help car companies with tariffs Yahoo
- Nvidia aims to produce AI tools worth up to USD500b in US over 4 years Edge
- What US consumers are losing to Trump tariffs Edge
- Judge orders Bank of America to pay USD540m in FDIC lawsuit Yahoo
- London property faces worst hit from trade war Edge
- France eyes permanent wealth tax as budget deficit woes deepen Mail
- Trump-wary EU has energy security dilemma Edge
- Europe’s LNG imports to increase by 25% in 2025 Yahoo
- Sony lifts PS5 price in Europe by 25% ahead of a likely US hike Edge