Capital markets news | Thu 12 Jun 2025
Equity
- Cuckoo lowers IPO price to RM1.08 Edge Star
- ASM’s fair value seen at 21 sen Star
- Bertam Alliance to exit PN17 after 7 years Edge NST Star
- Soysauce maker Foshan Haitian launches USD1.2b Hong Kong IPO Edge Yahoo
- Investors pull out of US stocks and into Europe and emerging markets Yahoo
- Space firm Voyager jumps 82% after upsized IPO Yahoo
- Chime prices IPO at USD27 to raise USD864m Yahoo
- Caris Life Sciences plans USD424m IPO Yahoo
- Crypto exchange Bullish files for US IPO Yahoo
- Crypo firm Gemini pursues IPO Yahoo
- Food startup Wonder eyes 2028 IPO Yahoo
- Odyssey bails on public listing as US IPO landscape stutters Yahoo
- Crypto firm OneBalance raised USD20m in Series A round Coindesk
- Sweden-based H100 raised USD10.5m for bitcoin strategy Coindesk
Debt
- Cypark’s sukuk AA3 rating affirmed, outlook raised to stable RAM
- Kenanga to issue RM500m additional Tier 1 bonds Edge
- DayOne secures RM15b financing for data centres in Johor Edge Mail NST Star
- Hong Kong pensions plan to cut treasuries if US loses AAA rating Edge
- Japan’s longer debt attractive for foreigners Edge Yahoo
- Warner Bros cut to junk by Moody’s after split plan Edge
- Moody’s flags risks from retail investors’ push into private credit Edge Yahoo
- Popular US Treasury bet risks being next pain trade Edge
- Hopes for Fed rate cuts keep US Treasury yield views low Yahoo
- Treasuries add to post-CPI gains after strong auction demand Yahoo
- US mortgage applications jump to refinance or purchase a home Edge
- GameStop announced USD1.75b convertible notes to buy bitcoin Coindesk Yahoo
- Morgan Stanley seeks xAI debt buyers after Musk-Trump feud Yahoo
- EchoStar bondholders huddle with law firm Akin Gump Star
- Fitch Ratings revises 2025 global sovereigns outlook NST
Digital assets
- Singapore-based Bitdeer ramps up self-mining capacity Coindesk
- US strategic bitcoin reserve marks milestone in institutional adoption Coindesk
- New bitcoin treasuries may crack under price pressure Cointelegraph
- Financial advisers still hesitant towards bitcoin Coindesk
- Staked Ethereum hits all-time high as ETH tops USD2.7k Cointelegraph
- US Senate begins passage of stablecoin bill Coindesk Yahoo
- Guggenheim taps Ripple to expand digital debt offering Cointelegraph
M&A
- Kim Teck Cheong acquires Kota Kinabalu land for warehouse hub Edge NST Star
- FGV’s plan to take full control of 8 subsidiaries is fair and reasonable Edge Star
- Petronas has no plans to leave Canada Edge
- Starbucks has received a lot of interest for China business stake NST
- Taiwan to restrict hostile takeovers in crowded financial sector Edge
- Toyota’s Hino dives 12% after Daimler truck merger reveal Mail
- Toyota chairman to face scrutiny over USD33b deal at shareholder meeting Edge
- Japan’s Mizuho on cusp of buying Indian investment bank Avendus Edge
- Meta eyes 49% stake in Scale AI for USD14.8b NST
- DoorDash to buy Symbiosys to boost its USD1b a year ad unit Edge
- Papa John’s stock jumps on news of possible go-private deal Yahoo
- Stripe buys crypto wallet startup Privy to expand Web3 capabilities Coindesk
- Adnoc evaluating possibility of buying some BP assets Edge
- L’Oréal to acquire majority stake in British skincare brand Medik8 Yahoo
Malaysian
- Industrial production rises at slower-than-expected pace in Apr Edge Mail Star
- Manufacturing sales up 4.8% in Apr Mail Star
- Unemployment rate at 10-year low Edge NST
- World Bank trims Malaysia GDP forecast to 3.9% Mail Star
- Approved investments in 1Q up 3.7% to RM89.8b Mail NST Star
- 107 new digital firms with RM13.1b investments approved in 1Q NST
- Johor to host 60% of Malaysia’s total data centre capacity by 2030 Star
Other markets
- US consumer prices rise moderately in May Edge Star Yahoo
- Mild CPI inflation reading not likely to shake the Fed’s wait-and-see stance Yahoo
- Fed seen on track to start cutting rates by Sep Yahoo
- Bank of Mexico poised for 0.5% rate cut despite inflation rebound Yahoo
- Brazil’s inflation below forecasts, investors look to central bank decision Yahoo
- UBS finance chief voices disappointment over Swiss capital rules Edge
- Norway wealth fund urges EU to unify capital markets quicker Star
- Turkey central bank seeks to repel short-term carry trade bets Edge
- Gold passes euro as second reserve asset as central banks buy Edge