Capital markets news | Thu 17 Apr 2025
Equity
- ASM signs underwriting with M&A for ACE Market IPO Edge NST
- Tile and stone distributor BMS plans ACE IPO to fund expansion Edge NST
- EPF seeks more diverse exposure to mitigate Trump uncertainty Edge Star
- Majuperak seeks 12-month extension to submit regularisation plan Edge
- Principal Asean 40 ETF to complete termination by 27 May NST
- Multi-billion US dollar exodus hits China ETFs Star
- China’s Zhipu AI takes initial steps to an IPO Edge
- Nomura scales back China wealth Star
- Indices drop as Fed’s Powell says growth may be slowing Star
- DWF Labs invests USD25m in Trump-family backed World Liberty Coindesk
- US SEC approves green stock exchange Star
- Gold crosses USD3,300 as trade tensions fuel record rally Edge NST
- Oil rises as new US sanctions target Iran’s exports Star
- Opec says Iraq, Kazakhstan and others to cut output more Edge
Debt and money markets
- Hibiscus secures USD100m Islamic financing for Brunei expansion Edge
- Nexgram hit with winding-up petition from Maybank over RM1.77m debt Edge
- Alliance offers green financing for UOA’s Bangsar South office project Edge Star
- Malaysia’s retail loans likely to remain steady Star
- Vietnam to align with green international standards Star
- India targets new defence markets with cheap credit Mail
- Top UBS fund manager bought oversold Asian junk bonds during rout Edge
- Scott Bessent says China won’t weaponise US Treasuries Yahoo
- Treasuries rally as Fed’s Powell focuses on price stability Star Yahoo
- Fed’s Powell says markets orderly, downplays intervention risk Yahoo
- Wall Street giants lead borrowing spree Star
- US mortgage rates jump most since Oct, denting home demand Edge
- Brazil sees worsening debt outlook despite rising surplus Star
Digital assets
- US policy on stablecoins more dangerous than tariffs Edge
- Bitcoin rally short-circuited as Fed Chair raises stagflation fear Coindesk
- Bitcoin nears capitulation as short-term holders face deep losses Coindesk
- Crypto winter arrived with bitcoin falling into bear market territory Coindesk
- Chart analysis shows bitcoin at risk of dropping to USD75k Coindesk
- Public mining firms sold over 40% of their bitcoin in Mar Cointelegraph
- Bitcoin tipped for rebound as Goldman says dollar overvalued Cointelegraph
- Only 11% of El Salvador’s registered bitcoin firms operational Cointelegraph
- Mantra plans to burn team’s OM tokens to win back community trust Coindesk
- Dogecoin whales accumulates over 800m DOGE in the last 48 hours Coindesk
- XRP price analysts project USD10 next, optimistic target of USD20 Cointelegraph
M&A and property
- Sarawak eyes Affin-AmBank merger NST
- Hextar sells Johor warehouse, proceeds earmarked for fintech Edge NST Star
- SkyWorld buys 3-acre Mont Kiara land for RM110m Edge Star
- Paragon Globe sells part of Tanjung Kupang land for RM19.23m Edge Star
- Ivory aborts land sale to Chin Hin following liquidation of subsidiary Edge
- Magma’s RM7.5m Tioman land deals called off NST
- Golden Land exits 2 Indonesian palm oil units for RM151.5m after 6 years Edge
- Re-election of OCBC CEO as Great Eastern director draws scrutiny Star
Malaysian financial market news
Asian financial market news
- Singapore forms economic resilience taskforce Edge
- Singapore PM says little comfort from US tariff postponement NST
- Singapore PM warns of messy transition as US steps back Edge
- Indonesia arrests Wilmar employee linked to palm oil graft case Edge
- Indonesia hikes mining royalties in bid to fund Prabowo policies Edge
- Indonesia reconsiders strategies to attain 8% economic growth Star
- Alvarez & Marsal sees Thai real estate distress on trade risks Edge
- China 1Q GDP grew 5.4%, beating forecasts Edge Mail NST Star
- China open to talks if Trump shows respect, names point person Edge
- Yuan at decade low against euro risks more heat on trade flows Edge
- 7 rare earth metals that China is weaponising against US Edge
- Chinese steel production surges despite Beijing’s pledge to cut Edge
- Chinese exporters on Rednote ask locals to buy goods meant for US Edge Mail
- China’s Xpeng reviewed supply chain to insulate from tariff turmoil Edge NST
- China’s home price slump eased in Mar before US tariffs Edge
- American shoppers flock to Chinese apps on tariff fears Edge
- China swaps out veteran trade tsar amid escalating US tariff war Mail
- Hong Kong Post suspends goods mail services to US Edge Mail Star
- Bank of Japan’s Ueda says Trump’s tariffs may spur policy response Edge Star
- Japan manufacturers turn cautious about business outlook due to tariffs Edge
- Novice Japan negotiator seeks to strike first deal with Trump Edge
- Pakistan looks to appease Trump with cotton, soy purchase offer Edge
Other financial market news
- Reserve Bank of Australia to revisit monetary policy at May meeting Star
- Challenging scenario for Fed if tariffs stoke inflation, slow growth Yahoo
- Why Treasury Secretary Bessent isn’t reassuring anyone Yahoo
- US factory output increases at modest pace ahead of tariffs Edge
- New York manufacturing contracts while outlook slumps on tariffs Edge
- US retail sales surge in Mar due to motor vehicle buying Edge Star Yahoo
- Risks to consumer spending flagged from tariff policy uncertainties Edge Yahoo
- Over 22k IRS workers accept voluntary resignation programme Edge
- Trump launches critical minerals probe to weigh new tariffs Edge NST Star
- Nvidia warns China chips curbs cost USD5.5b Edge Mail NST Star Yahoo
- Abbott to expand US manufacturing as tariffs loom Edge
- Honda to shift production of Civic from Japan to US on tariffs Edge
- Tariffs on Chinese parts disrupt Tesla’s US production plans Edge NST
- Trump administration pulls funding for Texas bullet train with Japan tech Nikkei
- Ball’s in China’s court on tariffs, after Beijing sours Boeing deal Mail
- Millionaire tax hike gains steam as Trump signals openness Edge
- US oil production to peak by 2027 as shale boom fades NST
- PwC exits more than a dozen countries to avoid scandals Edge
- Bank of Canada holds rates, says tariffs could cause deep recession Edge
- Brazil to offer oil blocks where Petrobras fights to drill Star
- Chile pushes back against Trump copper tariff probe Edge
- UK inflation slows before expected jump from Apr Star
- Google faces GBP5b UK lawsuit for abusing dominance in online search Edge
- ASML CEO warns US tariffs are creating chip sector uncertainty Edge
- US softened calls for Ukraine to pay back aid in mineral deal talks Edge
- EU cuts red tape for importers before deforestation law kicks in Edge
- EU expects most US tariffs to stay as talks make little progress Edge
- Europe boosts gasoline flows to Americas as tariff turmoil eases Edge
- WTO slashes global trade outlook on Trump tariff disruptions Edge
- Global smartphone sales rise 1.5% Mail
- Global economic growth could slow to 2.3% due to trade tensions Edge NST