Capital markets news | Thu 22 May 2025
Equity
- CapitaLand establishes CNY5b onshore master fund in China Edge
- CATL exercises greenshoe option to raise USD5.2b in IPO Edge
- Dubai ruler’s firm gets USD15b in orders for REIT listing Edge
- USD1t Kuwait fund’s boss sounds warning on private equity Edge
- Morgan Stanley strategists say buy America except the dollar Edge
- Trump considering taking Fannie Mae and Freddie Mac public Yahoo
- Hinge Health, MNTN IPOs test strength of US listing rebound Yahoo
- Grupo Werthein invests USD40m into new generative AI company Yahoo
Debt
- Public Bank’s and Public Islamic’s AAA ratings affirmed RAM
- UiTM Solar Power’s sukuk rating withdrawn MARC
- AEON Credit issues RM400m sukuk Edge
- Reneuco seeks court order to formulate scheme of arrangement Edge
- SRR cut unlocks liquidity, but credit growth tied to confidence NST
- CEO of Indonesia’s textile giant Sritex arrested over bank loan scandal Mail
- New World asks banks to refinance USD11b loans by Jun Edge
- SoftBank taps Mizuho, SMBC, JPMorgan to lead USD15b loan Edge
- Buyers recoil from Japanese bonds in warning on BOJ balance-sheet cuts Edge Yahoo
- Tepid demand for US Treasury auction shows jitters about tax bill, deficit Yahoo
- Bond market jitters rise on narrative shift to mounting US debt crisis Yahoo
- US mortgage rates rise to 3-month high, slowing home demand Edge
- OpenAI’s biggest data centre secures USD11.6b in funding Edge NST
- Giant US companies are rushing to Europe to borrow money Edge
- Islamic liquidity instruments advancing but remain fragmented NST
- The debt crisis threatening to blow up the global economy Yahoo
Digital assets
- Bitcoin hits new record high, surging to USD109.4k Coindesk
- Bitcoin overtakes Amazon as fifth largest asset with USD2.16t market cap Coindesk
- Bitcoin in acceleration phase resembling gains after Trump victory Cointelegraph
- Bitcoin backs off from record high as interest rate surge hits risk assets Coindesk
- Texas House passes strategic bitcoin reserve bill Cointelegraph
- Stablecoins about to hit critical mass, 2027 seen as pivotal year Coindesk
- Hong Kong joins global race with new stablecoin licensing bill Coindesk
- Guatemala’s largest bank adopts stablecoin rails for US remittance Coindesk
- Crypto’s market penetration tipping point Coindesk
- Real world asset tokenisation is full steam ahead Coindesk
- TradFi building Ethereum L2s to tokenise trillions in real world assets Cointelegraph
- World sells USD135m tokens to a16z and Bain Capital Crypto Coindesk
M&A
- Hektar REIT targets 20% non-retail assets, to double portfolio to RM3b Edge NST
- CIMB Securities sceptical about potential Affin-AMMB merger Edge Mail NST
- Exsim Hospitality eyes more hospitality assets to build REIT Edge
- Sarawak on track to finalise MASwings acquisition by 31 Dec Edge NST
- Indonesia’s watchdog investigates Grab-GoTo merger Edge
- Seven & i to sell 10% of Seven Bank to Itochu Dealstreetasia
- Crypto.com buys Allnew to secure MiFID license Coindesk
- AT&T buys Lumen’s consumer fibre business for USD5.75b Yahoo
- Motorola nears USD4.5b deal for radio maker Silvus Yahoo
Asia
- Singapore takes fourth spot in global startup ranking Star
- US dollar assets irreplaceable, says Singapore’s central bank chief Edge
- Indonesia pledges vigilance on rupiah after resuming rate cuts Edge
- Taiwan’s central bank says it let currency soar to reset market Edge
- US, Japan finance chiefs say current dollar-yen reflects fundamentals Yahoo
- Goldman to boost Middle East headcount, eyes wealth fund deals Yahoo
Other markets
- Citi sees weaker dollar after G7 meeting as US softens tariffs Edge
- JPMorgan opens geopolitics arm as Dimon warns of hinge point Edge
- UK inflation jumps in Apr, raising prospect of BOE rate cut delay Edge
- Sterling hits highest since 2022 after red-hot UK inflation data Mail
- Europe gains traction amid doubts over US assets Yahoo
- ECB has no doubt Fed will continue to supply dollars abroad Yahoo
- Half of Turkish firms in red as central bank holds line on rates Edge