Capital markets news | Wed 14 May 2025
Equity
- ICT Zone Asia sets ACE Market IPO price at 20 sen Edge NST Star
- Oxford Innotech gets approval for ACE Market IPO Edge NST Star
- Frozen, dried food distributor Guan Huat Seng plans ACE Market listing Edge
- IPO momentum slows, but market holds steady NST
- Foreign investors contribute RM422.6m net inflows on Bursa Edge Mail NST Star
- Several companies set to exit PN17 status in 2025 amid turnaround efforts NST
- CATL offers banks slim fees in 2025’s top IPO Star
- Saudi Arabian VC firm STV launches USD100m AI fund with Google backing Yahoo
- Dubai Holding plans residential REIT listing of up to USD487m Star
- Crypto and stock trading platform EToro IPO pricing looking strong Coindesk
- Digital banking startup Chime files for US IPO Yahoo
- Buy America sweeps across global markets after trade talks Edge
- Coinbase to join S&P 500 in crypto market milestone Star
- Coinbase invests in Canadian stablecoin issuer Stablecorp Cointelegraph
- British pension funds pledge USD66b boost for private assets Edge Star
- CPO discount to soybean oil seen lasting up to 1 year Edge
Debt and money markets
- Sasaran Etika’s AA1 issue rating affirmed RAM
- Maybank is sole adviser, lead manager for Sabah Energy’s maiden sukuk NST Star
- Chinese tycoon’s son barred from leaving China over loan dispute Star
- Rising yields fray nerves going into Japan’s 30-year bond sale Yahoo
- US bonds rise as soft inflation backs bets on 2 Fed rate cuts in 2025 Star Yahoo
Digital assets
- Bitcoin eyes USD105k, rally has more room Coindesk
- Bitcoin will replace US dollar in 10 Years Coindesk
- Bitcoin illiquid supply hits 14m as hodlers set bull market record Cointelegraph
- XRP prices could rise to USD3.40 as major bearish pattern fails Coindesk
- DeFi savings protocol Sky loses USD5m due to USDS interest payments Coindesk
- Asset manager VanEck launches US Treasury fund token Coindesk
- Wyoming taps Inca Digital to secure first state-issued stablecoin Coindesk
- VeChain wants to tokenise sustainable human behaviour Coindesk
- FCA-regulated crypto derivatives trading venue GFO-X debuts in London Coindesk
- Thailand to issue USD150m in govt investment tokens Edge
- Gibraltar to establish crypto derivatives clearing, settlement rules Coindesk
- Dubai govt opens door to accepting crypto for service fees Coindesk
Malaysian financial market news
- BNM to hold OPR at 3%, Sep cut depends on inflation and Fed’s move Edge NST
- Wholesale and retail sales grew faster in Mar Edge Mail Star
- Service sector revenue climbs 6% to RM630b in 1Q Edge Mail NST Star
- Govt to consider economic conditions for RON95 subsidy Edge
- HSBC raises year-end USD-MYR forecast to 4.20 due to external volatility Edge
- Technology lacking in developing RM800b rare earth NST
- MACC detains trio in RM21m corruption, money laundering probe NST
- Anti-dumping duties imposed on steel, tinplate Edge NST Star
- Significant green investments drawn in 2024 NST
- Kuala Lumpur prime home prices remain flat in 1Q Mail
- Taiwanese OSAT giant ASE doubles down on Malaysia Edge
- US-China tariff cuts are negative for Malaysian glove makers Edge Mail NST Star
- Petronas-Petros agreement by tomorrow Edge
- AGC granted leave to appeal UEM Sunrise RM8.49m tax ruling Edge
Asian financial market news
- Thailand submits proposals to US to get tariff talks started Edge
- More clean energy to power the Philippines Star
- US tariff pause on Beijing puts pressure on China-plus-one countries Star
- Chinese exporters to US tread warily as tariff uncertainties linger Yahoo
- China removes ban on Boeing deliveries after US trade truce Edge
- China, Latin America trade exceeded USD500b in 2024 Edge NST
- Japan’s finance minister wants to discuss forex with Bessent at G7 NST
- India’s inflation slows to lowest in nearly 6 years Edge
- India considers counter duties on US products Edge
- US to boost Saudi AI chip access even as China issues linger Edge
- Saudi Arabia commits USD600b-USD1t investments in US Edge
Other financial market news
- Aussie business slump fuels case for RBA rate cuts Star
- US inflation comes in softer than forecast for a third month Edge Coindesk Yahoo
- Fed likely to wait and see on rates amid tariff inflation uncertainty Yahoo
- Fund managers most underweight on US dollar since 2006 Yahoo
- JPMorgan drops US recession call after US-China trade truce Edge
- US-China truce likely to avert recession but not coming slowdown Edge
- US small-business optimism falls for fourth straight month Edge
- Foreigners’ interest in US job postings slumps Edge
- US to cut de minimis tariff on China shipments Edge Mail Yahoo
- Booking trends show people travelling less across the Atlantic this summer Edge
- The US is on track to lose USD12b in travel revenue in 2025 Edge
- Mercedes to move output of its best-selling GLC SUV to US Edge
- Microsoft to lay off 3% of workforce Edge
- Chegg to lay off 22% of workforce as AI tools shake up edtech industry Edge
- BOE’s Greene says price pressures still too high, inflation expectations rising Edge
- Ford’s German workers to strike as tensions rise over planned cuts Edge
- Turkey’s USD15b reserve loss was biggest since 2023 vote Edge
- Google facing at least EUR12b in civil claims across Europe Edge
- US-China trade respite eases EU fears of being flooded with Chinese goods Edge
- Bessent says EU has a collective action problem on trade Edge
- Banking regulators agree to prioritise climate risk Star
- China-US truce prompts price jump in Pacific shipping frenzy Edge Star
- Revenue of 500 largest family businesses exceeds Germany’s GDP Edge