Capital markets news | Fri 13 Jun 2025
Do you know?
- Unlike proof-of-stake, proof-of-work is a consensus mechanism where miners solve complex mathematical puzzles to validate transactions and add new blocks to the blockchain, ensuring network security through computational effort and energy consumption.
Equity
- FTSE4Good index adds 19 new constituents, deletes 5 Edge NST Star
- Foreign investors buy Japanese stocks, bonds for 10th week NST
- Adani plans airport unit IPO by 2027 Edge
- OpenAI has discussed raising money from Saudi Arabia, Indian investors Edge NST
- Fintech Chime climbs 37% in debut after USD864m IPO Yahoo
- Fitness firm Interactive Strength to raise USD500m to buy FET tokens Yahoo
Debt
- Exsim’s Tranche 5 upgraded to AA2, Tranche 4 and 6 ratings affirmed RAM
- Ideal Water’s RM255m Tranche 2 assigned preliminary AA2 rating RAM
- TNB’s AAA, P1 issue ratings affirmed RAM
- AC First Genesis’ sukuk ratings affirmed RAM
- Putrajaya’s RM1.5b sukuk programme rating withdrawn MARC
- Bond rally slows in Malaysia amid cooling Jul rate cut bets NST
- Funds pile into Southeast Asian bonds even at record low yields Edge
- China gets first private builder dollar bond offering since 2023 Edge
- New World bondholders want more disclosure on financing plans Edge
- DeFi Development gets USD5b credit from RK to buy SOL Coindesk
- Strong uptake of 10-year US debt eases demand concerns, 30-year up next Coindesk
- DoubleLine’s Gundlach says reckoning is coming for US debt Yahoo
- World Bank to end ban on nuclear energy projects Edge Star
Digital assets
- SC approves 2 more digital assets by Luno Star
- Singapore order leads unlicensed crypto exchanges to weigh exit Edge
- Ant unit to seek stablecoin permits in Hong Kong, Singapore Edge Coindesk
- Crypto cracks late in day, bitcoin slumps below USD106k Coindesk
- Trump’s bill could trigger US debt crisis and bitcoin boom Cointelegraph
- Bitcoin price prepares for volatility as spot supply vanishes Cointelegraph
- Shopify to enable USDC payments for merchants worldwide Coindesk
- Trump will work toward clear and simple crypto frameworks Coindesk
- FSB warns crypto nearing tipping point as ties to TradFi deepen Cointelegraph
M&A
- Thong Guan scraps F&B biz sale to major shareholder Edge Star
- Country Heights to sell South Africa-based unit for RM600k Edge Star
- Berjaya Land sells 80% of Vietnam property developer for RM202m Edge NST Star
- Tencent said to study deal for USD15b game developer Nexon Edge Yahoo
- General Mills mulls sale of China Haagen-Dazs stores Edge
- Reliance Industries sells USD900m stake in Asian Paints Edge
- Bunge nears China ruling for USD8.2b Viterra merger Yahoo
- Qualcomm to buy Alphawave for USD2.4b in data centre expansion Yahoo
- UK Plc’s stability, bargains appeal to dealmakers Star
Malaysian
- Analyst sees possible OPR cut in 3Q as growth risks linger NST
- SC suspends Chengco, sanctions partners over serious audit issues Edge NST Star
- BNM to fully roll out qualified resident investor programme on 1 Jul Edge NST Star
- Research houses maintain 4% GDP growth forecast for 2025 Star
- Malaysia climbs to 31st globally, 9th in Asia-Pacific for business events Edge
- Natural rubber production falls 37.3% in Apr Star
Other markets
- China eyes stronger cooperation with ECB amid global trade tensions Edge
- US tariffs may have ended BOJ’s rate-hike cycle NST
- Australian regulator cracks down on finfluencers Edge NST
- Dollar index falls below 98 for first time in 3 years Coindesk Yahoo
- US senator suggests stripping Fed of interest paying power Yahoo
- ECB in good position to withstand future shocks Edge