Capital markets news | Mon 28 Apr 2025
Equity
- Oasis Home prices ACE Market IPO at 28 sen Edge Star
- Catcha Digital makes RM35.32m cash call for acquisitions and reserves Edge
- Bursa trading account breach not widespread Edge NST Star
- Bursa reprimands Reach Energy, fines directors over PN17 disclosure Edge NST Star
- CLSA launches structured warrants in Malaysia Edge
- Making finfluencers accountable Star
- Chinese AI startup Manus scores funding valued at USD500m Edge
- ASX to review listing, waiver rules after James Hardie deal Edge
- Foreign investors dumped USD63b in US equities Edge
- Sell the rebound in US stocks, dollar, BofA’s Hartnett says Edge
- Seven & I aims aggressive investments in US stores with IPO proceeds Edge
- DeFi Development plans to raise USD1b to buy more Solana Coindesk
- Trump says he would sign bill banning congressional stock trades Edge
- Musk’s xAI in talks to raise USD20b Edge
- Harvard University exploring USD1b of private equity stakes sale Edge
- Gold falls as China mulls exempting tariffs on some US imports Edge NST
Debt and money markets
- Encorp Systembilt’s AA1 sukuk rating affirmed RAM
- PKNS’ sukuk rating upgraded to AA1 RAM Edge
- CapBay signs MoUs to boost Malaysia’s healthcare SME financing Star
- Top Philippine bank CEO says expect the worst amid tariff war Edge
- US Treasury Secretary urges Asian Development Bank to end China loans Mail
- Threat of China selling US mortgage-backed securities Yahoo
- IMF gives initial nod for USD344m loan tranche to Sri Lanka Edge
- Saudi Arabia and Qatar to pay back Syria’s debt to the World Bank Yahoo
- Healthscope lenders eye secondary sales as lock-up nears expiry Edge
- Treasury market’s new world order brings fear of the long bond Yahoo
- US losing safe haven status? Star
- World Bank chief economist sounds alarm on emerging-market debt issues Edge
Digital assets
- Bitcoin outpaces stocks in biggest weekly gain since US election Edge Coindesk
- BlackRock’s bitcoin ETF will be the world’s biggest ETF in a decade Coindesk
- 5 bitcoin charts predicting price rally toward USD100k by May Cointelegraph
- Swiss National Bank rejects calls to add bitcoin reserves Coindesk
- Stripe tests new stablecoin project Coindesk
- Stablecoins could hit USD3.7t by 2030 Coindesk
- Trump’s WLFI crypto investments aren’t paying off Cointelegraph
M&A and property
- IWCity seeks another 6-month extension to deliberate IWH merger Edge
- Magma completes RM80m acquisition of Dutamas land Star
- Creador acquires 13% of Vietnam’s pharmacy chain Long Chau Edge Star
- Tencent Music in talks to buy Ximalaya for USD2.4b Edge
- Toyota proposes buyout of its supplier at USD42b valuation Edge NST
- US judge sets 2 May hearing on remedies in Google digital ads lawsuit Edge
- DOGE mining firm Z Squared to go public through merger Coindesk
- Iveco’s defence unit attracts US buyout firms Bain, KPS Edge
Malaysian financial market news
- BNM’S OPR decisions based on measured approach, not pre-emptive Edge Mail
- Govt to cut growth outlook Edge Star
- World Bank projects Malaysia’s 2025 GDP growth at 3.9% Edge
- Act now to shield exports Star
- Export of non-locally made rubber gloves banned Edge NST
- Malaysia tells US it is open to talks on trade deficit, non-tariff barriers Edge NST
- Malaysia tables 4-point proposal to US on tariffs NST
- Govt to explain measures taken in 5 May Parliament session Edge
- Furniture makers may carve out new markets NST
- Consignment of 100k tonnes of palm oil enters UK tariff-free Edge
- 170 palm oil mills install biogas facilities, surpassing target NST
- Universal basic income, a hot potato Star
- UAE’s Bin Zayed, FatHopes to build USD500m SAF refinery in Port Klang NST Star
- Iskandar Malaysia saw committed investments of RM41.4b in 2024, up 11% Edge
- Astro reaches RM115m tax settlement with IRB, no penalties imposed Edge Star
Asian financial market news
- Singapore home prices rise more than estimated before election Edge
- Indonesia mulls rare rice exports in bid to boost ties abroad Edge
- Indonesia wants fair and square trade in US tariff talks Edge NST
- Thaksin signals Thai policy reset to cut deal with US on tariffs Edge
- Thailand woos rich European tourists as Chinese arrivals slump Edge
- Igniting Asean’s R&D revolution Star
- China reiterates hitting 2025 growth target amid trade tension Edge
- China’s Mar industrial profits rise, defying trade tensions Edge NST
- China’s central bank governor pledges more steps to address tariff shock Edge
- China vows to ready emergency plans, signals calm amid trade war Edge Star
- Walmart to help Chinese firms expand domestic sales amid trade war Edge
- China’s investments in Southeast Asia snarl US plans for supply chains Edge
- Some pharma firms in China reporting tariff exemptions Edge
- China waives tariffs on some US goods Edge Mail NST Star
- Trump misjudged China on trade war Edge
- Nissan wants to end vehicle production at Wuhan plant Edge
- China’s Xi calls for self-sufficiency in AI development amid US rivalry Edge Mail Star
- Ackman urges China to strike trade deal Edge Star
- China expands tax refunds to foreign visitors to encourage spending Mail
- Japan to resist Trump efforts to form trade bloc against China Edge
- Japan is a test case for Trump’s tariff deals but talks may be tortuous NST
- Japan compiles emergency economic package to ease tariff pain Edge
- Core inflation in Japan’s capital hits 2-year peak Edge Star
- US Treasury Secretary sees US, South Korea trade understanding this week Edge
- Apple aims to build most iPhones for US in India by end-2026 Edge NST
- Trump poised to offer Saudi Arabia over USD100b arms package Edge
- Saudi Arabia’s non-oil exports hit record high in 2024 NST
- World Bank president urges developing nations to fast-track trade negotiations Mail
- Asia gains lead in race for interim deals to avoid Trump tariffs Yahoo
Other financial market news
- Powell stressed central bank independence to world’s finance chiefs Edge Star
- Trump’s risky Powell play Star
- The confusing state of the economy Yahoo
- US economy expected to sour in the summer Yahoo
- US consumer sentiment slides while inflation expectations jump Edge Yahoo
- US pharma tariffs would raise US drug costs by USD51b annually Edge
- Why homebuilders are absorbing tariff price hikes Yahoo
- Trump says he loves millionaire tax, worries of political risk Edge
- Federal taxes to be substantially reduced once tariffs set in Cointelegraph Yahoo
- Fed’s Kashkari nervous that trade policy uncertainty will lead to layoffs Edge
- Trump voters feel tariff pain but most see long-term gain NST
- Trump trade war pushes firms to consider stockpiling Mail
- Router maker TP-Link faces US criminal antitrust investigation Edge
- Trump trade war spreads more gloom across businesses worldwide Mail
- China trade war will pummel America’s small businesses Yahoo
- Citadel founder says manufacturing jobs are not coming back to US Edge
- Bezos-backed start-up launches cheap, US-made electric pickup Edge
- Made-in-US clothing company CEO says tariffs are boosting demand Yahoo
- Trump doubtful on another tariff pause, wants China concessions Edge
- Global leaders seek clarity on trade deals Mail NST Yahoo
- Most think Musk has too much influence on the government Yahoo
- Carney warns voters as Trump seeks concessions Star
- ByteDance could invest in data centre in Brazil Edge
- Trump demands free passage through Panama and Suez canals Mail
- Top British bank chiefs urge finance minister to scrap ring-fencing Edge
- Reeves says deal discussed with Bessent will serve both UK, US Edge
- It will take 700 years to replace UK water grid at current pace Edge
- Unexpected UK retail sales jump boosts economy as storm gathers Edge
- France to seek protection from Chinese steel imports Edge
- ECB’s Simkus says 2 more cuts possible as trade hurts economy Edge
- ECB’s Lagarde sees euro area inflation hovering around 2% target Edge
- EU economic commissioner says union not close to deal on tariffs with US Edge
- Trump administration pressures Europe to ditch AI rulebook Edge
- Multilateralism crucial for RCEP to tackle global economic challenges Mail NST
- Drugmakers brace for Trump tariffs, while weighing numerous other worries Mail