Capital markets news | Wed 21 May 2025
Equity
- PEOPLElogy rebounds up 6% after weak debut Edge NST
- Annum to be suspended from 28 May Edge
- Sarawak Cable to be suspended on 28 May Edge NST
- Foreign inflows into Bursa continue at RM1.68b last week Edge
- LEAP Market’s 8-year journey Star
- Singapore bourse risks further delistings despite new proposals Edge
- China’s CATL opens 12.5% higher in Hong Kong debut Edge NST Yahoo
- FWD refiles Hong Kong listing application Edge
- Foxconn injects USD1.5b into India unit Edge Mail
- Wall Street banks bet on emerging markets after wasted years Edge
- Retail traders go on record dip buying spree, calming a jumpy stock market Edge
- JPMorgan, Citi see European stocks beating US by most in decades Edge
- Wells Fargo says to buy US stocks, sell emerging-market equities Edge
- DeFi trading platform True Markets raised USD11m Series A funding Coindesk
Debt and money markets
- Axis-REIT’s RM3b sukuk programme assigned AA2(s) and A1(s) ratings RAM Edge
- TY’s pawn loan securitisation assigned preliminary AAA rating RAM
- RCE Marketing’s Tranche 6 sukuk assigned preliminary ratings RAM
- Solar Management (Seremban)’s AA3 rating affirmed RAM
- Farm Fresh’s AA- rating affirmed MARC
- BPMB’s ratings affirmed following SME Bank, Exim Bank acquisitions MARC
- Strong rebound in foreign inflows into Malaysian bonds in Apr RAM Edge NST Star
- MBSB pledges RM1b aerospace financing at Lima 2025 Edge Star
- StanChart sees Malaysia’s Islamic finance assets growing 36% by 2028 Edge
- China Construction Bank cuts deposit rates NST
- Japan bonds plunge after weak auction stokes fear of BOJ retreat Edge Yahoo
- BOJ urged to boost bond buying in wake of spike in super-long yields Yahoo
- Bond investors detect trouble in US debt stripped of AAA rating Edge Yahoo
- US 30-year yield hits highest since 2023 after Moody’s downgrade Edge NST
- US bond market risks mini-Budget meltdown, warns major bank Yahoo
- US states likely to defy US downgrade to keep top credit ratings Edge
- JPMorgan sees high-grade corporate debt demand up after US cut Yahoo
- Dimon warns markets are underestimating geopolitical, inflation risks Edge
- US set to hit deposit insurance fund target ratio by end of 2025 Yahoo
Digital assets
- Stablecoin bill advances in US Senate in big win for crypto Edge Cointelegraph
- Bitcoin tops USD107k, could hit record highs this summer Coindesk
- Bitcoin open interest hits record high as bulls stampede Cointelegraph
- US crypto funds top USD7.5b inflows in 2025 Cointelegraph
- Securitize’s tokenised credit fund set for Solana DeFi debut Coindesk
- SocGen’s crypto arm to launch dollar stablecoin on Ethereum Coindesk
- XRP price slips as bearish chart pattern points to USD2 target Coindesk
- Kraken rolls out regulated crypto derivatives in Europe Coindesk
M&A and property
- Sarawak may list SEDC’s assets Edge
- IHH sues Daiichi Sankyo for RM5.7b for blocking Fortis India share offer Edge NST
- M&A target stocks surge in bet on Wall Street dealmaking rebound Edge
- Blackstone makes USD5.7b bet on power with TXNM deal Edge
- Regeneron to acquire 23andMe for USD256m Mail
- Intel explores sale of networking and edge unit NST
- Apex buys majority stake in tokenisation specialist Tokeny Coindesk
- Colombia’s Ecopetrol buys renewable energy firms from Norway’s Statkraft Yahoo
Malaysian financial market news
- Malaysia’s trade surplus shrinks in Apr as imports outpace exports Edge NST Star
- US International Trade Commission votes in favour of solar gear tariffs Edge
- Petronas in talks with Pertamina, TotalEnergies for Bobara block Edge
- Forest City’s zero tax for single-family offices to be gazetted tomorrow Edge
- Johor-Singapore SEZ blueprint to be finalised by end-2025 Edge
- Malaysia poised to lead EV battery manufacturing sector in Asean Edge
Other financial market news
- Australia delivers dovish rate cut, sending currency lower Edge NST Yahoo
- US Fed officials signal possible rate hold until at least Sep Edge
- Dollar set for more weakness as Brand USA falls further out of favour Edge
- Options traders are boosting bearish dollar views to record Yahoo
- Central bank body BIS flags potential for dollar scramble Edge Yahoo
- ECB sees financial stability risks from escalating global trade tensions Edge
- EU’s EUR150b defence fund receives preliminary approval Edge Star
- Options traders bet euro rally has further to run ahead of G7 Edge
- ECB’s Lagarde says euro’s strength is counterintuitive, but justified Edge