Capital markets news | Fri 16 May 2025


Equity

  • MSCI Malaysia small cap index review to cause RM146m outflow Edge NST Star
  • UOB, Bursa to offer ESG solutions for SMEs Edge Star
  • Singapore announces proposals to ease listing requirements Edge
  • Hengrui Pharma seeks up to USD1.3b in Hong Kong listing Edge
  • AI chipmaker AMD unveils USD6b buy-back plan Edge
  • Pi Network to invest USD100m in startups building blockchain apps Cointelegraph
  • Global oil supply to rise faster than expected after Opec+ hike Edge
  • IEA forecasts slowdown in global oil demand growth for the rest of 2025 NST

Debt and money markets

  • Lack of financing holds back recycling of solar panels Star
  • Banks’ RM4.86b buffer can withstand credit risks from US tariffs Edge Star
  • Sapura Energy’s redeemable convertible loan stocks a surprise move Star
  • BTM Resources cancels 10MW biomass plant after losing bank funding Edge
  • New World hasn’t given perpetual bond call notice Edge
  • Taiwan calms concerns over exposure to US bonds at state banks Edge
  • South Korea to lift deposit insurance cap for first time in 24 years Edge
  • US set to cut capital requirements for banks Edge
  • US bonds rally as economic data backs bets on 2 Fed cuts in 2025 Yahoo
  • Trump’s tax-cut draft masks the true, giant threat to US debt Edge
  • Banks are sitting on USD500b in unrealized losses Yahoo
  • Saks bond suffers USD1b loss before a single payment is made Star
  • Trade war, high debt, market volatility among top risks for eurozone Edge

Digital assets

  • Bitcoin boom likely as bond yields surge Yahoo
  • Bitcoin holds above USD100k, crypto rally seen into summer Coindesk
  • Bitcoin, Strategy confirm concurrent bull cross Coindesk
  • Hayes predicts bitcoin at USD1m by 2028 Cointelegraph
  • NFT founder stole millions from bitcoin project Cointelegraph
  • Ethereum meant to be alternative, not rival to bitcoin Coindesk
  • US Senate’s stablecoin push still alive as bill may return to floor Coindesk
  • Banks are needed to unlock full stablecoin potential Coindesk
  • Central bank project shows monetary policy viable in tokenised system Yahoo
  • Canada wrong to label stablecoins securities Cointelegraph
  • Dave Portnoy says meme coins are gambling Coindesk
  • Coinbase expects up to USD400m hit from cyber attack Edge Coindesk

M&A and property

  • BCM Alliance sells CS Laundry to former ED for RM18m Edge
  • SingTel to sell USD1b stake in Bharti Airtel via block deals Edge
  • Starbucks kicks off process to sell stake in sprawling China business Edge Star
  • Ox acquires Flood to boost share of USD2.3b DEX aggregator market Coindesk
  • Thoma Bravo sells remaining USD3.4b Nasdaq stake Edge
  • Brazil food companies Marfrig and BRF to merge Yahoo
  • UK to allow foreign states to own a 15% stake in newspapers Edge
  • Eni moves to sell stake in Plenitude to Ares based on USD13b value Edge
  • Commerzbank CEO and workers rally to fend off UniCredit as investors meet Edge

Malaysian financial market news

  • GDP growth forecast for 1Q seen at 4.4% Star
  • Malaysia’s economy adds 127k workers in 1Q Edge NST
  • High-tech manufacturing struggles to fill jobs as number of openings grows Edge
  • High Court strikes out challenge to CMSA constitutionality Edge Star
  • Former unit trust consultant reprimanded for switching transactions Edge
  • Malaysia avoids import limits on data centre powering chips Edge
  • Tariff negotiations going smoothly, many issues can be resolved Edge NST
  • Malaysia-South Korea free trade agreement to be finalised in Oct Edge Star
  • Trade tensions may fuel port growth NST
  • Tariff hike essential for ports’ viability, competitiveness NST
  • Thai envoy suggests extending ECRL to Sungai Golok to boost trade Edge NST
  • Japan’s Horiba plans first plant in Kedah NST

Asian financial market news

  • Singapore home sales fall for second month as demand weakens Edge
  • US sanctions against oil-cargo inspector jolt Singapore traders Edge
  • Tariff truce raises Jakarta’s bargaining power Star
  • Thai growth likely slowed in 1Q on weak investment and consumption Edge
  • Thailand’s growth to slow over next 2 years due to tariffs Edge
  • Hanoi proposes 2% VAT reduction on select goods Star
  • Shein to set up huge warehouse in Vietnam in US tariff hedge Edge
  • Shein lowers prices to lure back US shoppers after tariff cut Edge
  • Chinese exporters pivot to home market amid headwinds Star
  • China accuses US of unilateral bullying on Huawei AI chips Edge
  • US lawmakers urge ban on China-linked router maker TP-Link Edge
  • China’s Xiaomi to launch self-developed mobile chip in late May Edge
  • HSBC-backed Hang Seng Bank to cut jobs as part of restructure Edge Star
  • Asian insurers facing billions in losses as Trump rocks markets Edge
  • Trump says India offered to remove all tariffs on US goods Edge
  • Trump wants Apple to stop moving iPhone production to India Edge
  • UAE to import 500k Nvidia chips yearly to become AI superpower Mail
  • Qatar’s USD96b Boeing order is biggest deal in company’s history Mail NST
  • Strong interest emerging in Asia’s energy landscape Edge

Other financial market news

  • US producer prices fall unexpectedly as margins decline Edge
  • Fed’s Powell says US entering period of persistent supply shocks Yahoo
  • Powell signals 2020 Fed framework language on chopping block Edge
  • US weekly jobless claims unchanged amid stable labour market Edge
  • JPMorgan’s Dimon not ruling out US recession Yahoo
  • Retail sales slow sharply in Apr as pre-tariff spending burst reverses Edge Yahoo
  • New York manufacturing activity shrinks for a third month Edge
  • Tariffs to unleash double-digit price increases for Walmart Yahoo
  • Sanofi to invest at least USD20b in US through 2030 Edge
  • Roche says drug price order threatens USD50b US investment plans Edge
  • Kraft Heinz investing USD3b upgrading US manufacturing Yahoo
  • Scrap copper can finally move after US-China tariff truce Edge
  • Winners and losers in the Republican tax bill Yahoo
  • Firms flee Delaware in growing Dexit trend Star
  • UK economy has best quarter in a year with 0.7% expansion Edge Star
  • UK mulling new investor visa targeting key strategic industries Edge
  • Commerzbank agrees job cut terms with works council Edge
  • HSBC to cut 10% of its workforce in France Edge
  • Spain’s BBVA could cut up to 2,500 jobs after Sabadell integration Edge
  • TikTok charged with breaching EU online content rules Edge
  • EU trade officials see signs of optimism for US tariff deal Edge
  • US-China trade clash risks making Europe dumping ground for cheap goods Edge
  • Eurozone economy grows less than initially reported at start of year Edge

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