Capital markets news | Tue 29 Apr 2025
Equity
- New IPOs on Bursa now face uphill battle as risk appetite recedes Edge
- YTL Corp, YTL Power shareholders approve 1-for-5 bonus warrants Edge
- Mida, FMM, Bintang launch fund for semiconductor IPO readiness Edge NST Star
- Bursa identifies unauthorised trades in Bina Puri counters Edge NST
- Foreign funds net buy RM332.3m on Bursa, breaks 26 week net outflows Star
- Singapore banks dominate surge in share buybacks Edge
- Global money managers reluctant to turn east Star
- Morgan Stanley’s Wilson says weak dollar will buoy US stocks Yahoo
- Bain in talks to lead USD2b investment in insurance broker Acrisure Yahoo
- Angel investor explains why it’s hard for startups to get funding Yahoo
- Tariff war draws investment warning from USD160b Novo fund Yahoo
- Private equity turns to retail for fundraising Yahoo
- BP investment case splits ESG fund market Star
- Private equity firms target defence assets once seen as toxic Edge Yahoo
- Biggest risk to markets is a fragmented world Yahoo
- CPO inventories on the rise Star
Debt and money markets
- Amid tariff uncertainties, RAM-rated credits remain resilient RAM
- Paradigm REIT’s 2025-Issue 1 MTNs assigned preliminary ratings RAM
- High Court approves Pestec’s scheme of arrangement to settle RM267m debt Edge
- Pakistan requests extra USD1.4b on China swap line Star
- S&P warns Australia’s AAA rating at risk from election pledges Edge Star
- US boosts net quarterly borrowing estimate to USD514b Yahoo
- After yield surge, US Treasury expected to keep auction sizes steady Yahoo
- Wall Street sees US playing safe on debt after market chaos Yahoo
- A Trump-induced interest rate cut won’t actually lower mortgage rates Yahoo
- Google parent Alphabet to sell high-grade corporate bonds Edge
- Catastrophe bond ETF seed investors pull back Yahoo
- How to buy a home with a crypto-backed loan Cointelegraph
- AI startup Nscale chases ByteDance deal and USD1.8b in debt Edge
Digital assets
- Bitcoin devotees plowed USD3b into ETFs amid crypto’s surge Yahoo
- Bitcoin to hit new all-time high around USD120k in 2Q Coindesk Cointelegraph
- Coinbase targeting 4%-8% returns with new bitcoin yield fund Coindesk
- Strategy adds USD1.42b bitcoin with latest purchase Coindesk
- Bitcoin turns positive with digital gold narrative Coindesk
- Tether’s USD770m XAUT backed by 7.7 tons of gold in Swiss vault Coindesk
- Monero’s XMR rockets 40% as XRP leads crypto majors gains Coindesk
- ProShares gets SEC greenlight for 3 XRP ETFs Coindesk
- Ethereum could up gas limit 100-fold, handle 2k transactions per second Coindesk
- Mastercard unveils end-to-end stablecoin capabilities, to launch OKX card Coindesk
- Loopscale hacker in talks to return stolen crypto Cointelegraph
M&A and property
- Khazanah-EPF consortium looking to acquire Axiata’s stake in Edotco Edge
- Section 3 land parcel near Taman Sentosa legally taken over by govt Edge
- MKH buys land in Bangi for RM42m Edge Star
- Widad sells Damansara Heights office for RM41.5m Edge Star
- China-owned solar manufacturer puts 126-acre land, plant up for sale Edge
- Rohas Tecnic firms up Vietnamese water infra unit divestment Edge
- Aster Chemicals to bid for Exxon Mobil’s Singapore fuel stations Edge
- China says CK Hutchison’s ports deal must not try to avoid antitrust review Edge
- China’s Ant buys Hong Kong-based brokerage Bright Smart for USD362m Edge NST
- Toyoda’s USD42b buyout plan spurs governance questions Edge Star
- Sony said to weigh spinning off chip unit Edge
- India urging firms to acquire overseas iron ore, coking coal assets Star
- Goldman Sachs makes 2 appointments to Asia ex-Japan M&A leadership Edge
- Deliveroo shares jump after USD3.6b offer from DoorDash Edge
- Carrefour’s acquisition of Atacadao gets the thumbs up Star
- Airbus to assume Spirit asset as Boeing takes back supplier Edge
- Unions warn on UK jobs as Airbus reaches Spirit Aero factory deal Edge
- Mediobanca hits back in Italy’s bank M&A war with USD7b Banca Generali bid Edge
Malaysian financial market news
- PPI eased by 1.9% in Mar Edge
- Terms of trade increased 1.2% in Mar Edge Star
- Malaysia committed to genuine export labelling, value-added trade NST
- Malaysia to continue rubber glove exports to US despite tariffs NST
- Strong outlook for household spending in 2025 Mail
- Expanded SST delayed, gazettement set for 1 Jun Edge
- Half of employers want more permanent staff in 1H Edge
- ECERDC facilitates RM1b committed investments in Terengganu in 1Q Edge
- Continental to close Alor Setar tyre plant after 46 years Edge Mail NST Star
- Lynas adjusts strategy for US, Malaysia plants Mail
- Aizo, TNB sign PPA for 99.99MW Kampar solar project Edge NST Star
Asian financial market news
- US tariffs will cause demand shock to Singapore economy Edge NST Star Yahoo
- Singapore negotiating for US concessions on pharmaceuticals, chips Edge NST
- Thailand eyes more pet food, rice exports amid China-US standoff Edge
- Lower rates cause savings withdrawals in Vietnam Star
- BSP targets inflation via currency intervention Star
- China downplays impact of Trump tariffs on economic recovery NST
- Local and foreign enterprises eye China’s huge consumer market Star
- China repeats vow to support jobs, economy as US tariffs hit Edge
- China approves 10 new reactors in nuclear power ramp-up Edge
- Hainan to invest more in low-altitude economy Star
- China’s Huawei develops new AI chip, seeking to match Nvidia Edge NST
- China’s GEM boosts recycling of niche metals caught in trade war Edge
- Bessent says it’s up to China to deescalate trade tensions Yahoo
- South Korea presidential candidate pledges chip tax credit Edge
- BOJ to hit pause on rate-hike path as economic risks mount Edge Star
- Japan denies report citing Bessent’s push for strong yen Edge
- India concludes USD7.4b deal with France to buy Rafale jets Edge
- FDI into Asia ex-China hits weakest point since 2012 in 2024 Edge
Other financial market news
- US economy already sputtering from trade pain Star
- Trump’s China tariffs set to unleash supply shock on US economy Edge Star
- Trump tariffs spark severe shortage fears, US retailers scramble for stock Mail
- US shoppers pay for Trump tariffs on Temu, doubling some prices Edge
- One chart shows tariffs are already slowing economic activity Yahoo
- IBM to invest USD150b in US over next 5 years to aid quantum push Edge
- Taiwan’s Inventec to invest USD85m in US to lessen tariff impact NST
- Britons’ confidence in economy falls to lowest since 1978 Edge
- Hungary rejects US pressure to cut its Chinese economic ties Edge
- European power prices drop far below zero as solar output surges Edge
- ECB prepares for Jun cut as economy hurt even if trade is fixed Edge
- ECB’s Guindos warns of disorderly market risk amid trade turmoil Edge
- Global race to lure US researchers intensifies as Trump slashes science funding Edge
- Risk of global economic recession surges on US tariff shockwaves Edge Mail Yahoo
- World military spending hits USD2.7t in record 2024 surge Edge