Capital markets news | Thu 29 May 2025
Equity
- Oasis Home closes debut on ACE Market with tiny gain Edge
- Paradigm REIT sets final IPO price at RM1 amid subdued demand Edge Star
- Kossan’s founders invests in condom maker Care Latex Edge Mail NST
- Shein plans Hong Kong IPO after London listing stalls Edge NST Star Yahoo
- Toyota becomes top shareholder in air taxi maker Joby Edge Star
- BAT upsizes sale of Indian tobacco maker ITC shares to USD1.5b Edge
- Saudi stocks set to be world’s worst in May after oil-price drop Edge
- Cybersecurity provider Netskope taps Morgan Stanley for US IPO Yahoo
- OpenAI CFO says new structure opens door to potential future IPO Edge
- Trump says Fannie Mae to keep US guarantee as public firm Edge Star
- VivoPower raises USD121m to launch XRP treasury strategy Coindesk
- BlackRock mulling 10% stake in Circle’s IPO Coindesk Yahoo
- BioSig signs definitive share exchange agreement with Streamex Yahoo
- Europe stock sales rush set to generate USD4.13b Star
- EU plans tech scale-up fund to narrow gap with US, China Edge
Debt
- OCK’s MARC-1 and AA- ratings affirmed MARC
- AmBank loans RM70m to Sunview for Kedah solar power plant Edge Star
- China begins collecting on USD22b belt and road loans Mail
- Hong Kong asks funds for Treasuries plan if US rating cut Edge
- Demand at 40-year JGB auction sinks to lowest since Jul Yahoo
- Japan’s quick-fix for bond markets sets a global test case Yahoo
- BOJ’s government bond holdings fall below USD4t due to tapering NST
- Investors snap up 5-year Treasuries in show of solid demand Yahoo
- US govt cancels Sunnova Energy’s USD2.92b loan Yahoo
- Harvard, MIT lead elite colleges’ USD4b debt spree after Trump threat Edge
- Nissan plans USD7b funding with UK govt backing Edge NST
- Nissan going cap in hand to UK for loan may spur Japan to act Edge
- EU’s securitisation revamp is set to halve some capital buffers Edge
Digital assets
- Bitcoin pulls back to USD107k, but market far from overheated Coindesk
- Bitcoin whales keep buying as price dip targets include USD94k Cointelegraph
- Selling bitcoin is like playing in a bad house-rate casino Cointelegraph
- NYC Mayor calls for the end of BitLicense, proposes bitbond Coindesk
- Bitcoin platform Mezo debuts Mainnet to build circular economy Coindesk
- Crypto hardware wallet firm Ledger offers visa card to US users Coindesk
- US banks tiptoe toward crypto, awaiting more green lights from regulators Edge
- New Jersey’s Bergen County to tokenise USD240b in real estate deeds Coindesk
- DeFi platform Cork Protocol suffers USD12m smart contract exploit Coindesk
- UK’s FCA seeks views on stablecoins to prevent firm failures Coindesk
- Vietnamese woman arrested in Thailand over USD300m crypto scam Coindesk
M&A
- Axiata’s sale of Boost stake pending regulatory approval Edge
- Axiata drops revenue KPI to focus on debt reduction via asset monetisation Edge
- Life Water buys sauces and condiments manufacturer for RM10.5m Edge
- Miti studying merger of Matrade and Halal Development Corporation Edge Mail
- E&O in no rush to sell UK assets Edge
- Indonesia finds monopoly risk from TikTok’s Tokopedia takeover Edge
- Australia looks to avoid a Panama repeat in China port showdown Edge
- Hailey Bieber sells makeup brand Rhode to Elf Beauty in USD1b deal Yahoo
- US to get golden share in US Steel-Nippon Steel deal Edge NST Star
- Mayville buys Accu-Fab for USD140m Yahoo
- Cox agrees to merge with Charter for USD35b Star
- Salesforce agrees to buy Informatica in deal worth USD8b Edge Yahoo
- US FTC will require Synopsys, Ansys to divest certain assets Yahoo
- UPS sells Ware2Go to Stord Yahoo
- Definity buys most of Travelers Canada for USD2.4b Yahoo
- Exxon enters talks to sell French business for EUR400m Edge
- EU cautions Spain not to hinder BBVA’s bid for Sabadell Edge
Malaysian
- BNM fines 4 banks for non-compliance Edge Mail NST Star
- Producer price index down 3.4% in Apr Edge NST Star
- Malaysia-China trade hit RM161.98b in Jan-Apr Edge NST Star
- 7 states post positive trade growth, contributing RM219.4b in Apr Star
- Digital investment pipeline hit RM59.1b in Apr Edge Mail Star
- Sarawak sovereign wealth fund approved to invest globally Edge
- Petronas invested RM25b in Sarawak in 2024 Edge NST
Other markets
- Australia’s consumer inflation holds steady in Apr, rate cuts still in view Yahoo
- New Zealand central bank cuts rates 0.25%, flags deeper easing cycle NST Yahoo
- US trade court blocks Trump’s Liberation Day tariffs Edge
- Fed’s Williams calls for strong response if inflation deviates from target Star
- US dollar may face major drop in 2026 Edge
- Only a dollar slump can fix US trade deficit Star
- UK grocery inflation hits highest level in 15 months Edge
- SocGen chairman says EU should reconsider bank trading rules Edge
- Consumers’ inflation expectations rise for second month Edge
- ECB moves closer to reaching its inflation target Star
- UBS sees rising demand for alternative assets Star