Capital markets news | Wed 18 Jun 2025


Do you know?

  • ETFs listed on Bursa Malaysia offers a wide range of geographical and asset class exposure from US to China and ASEAN, and from stocks to bonds and gold

Equity

  • Pan Merchant slightly overvalued at IPO price Edge
  • Yinson secures initial USD300m investment from consortium Edge NST Star
  • Foshan Haitian raises USD1.3b in upsized Hong Kong listing Edge
  • US stock market’s outperformance is over Edge
  • Applied Intuition hits USD15b valuation for AI vehicle tech Edge
  • Musk’s xAI in talks to raise USD4.3b in equity funding Edge
  • Goldman ditches ban on SPACs as blank-check firms stage comeback Edge
  • Autodoc backers seek up to EUR403m in Frankfurt listing Edge

Debt

  • Tune Protect’s A2, P1 ratings affirmed RAM
  • Bank Islam foresees easing of credit cost after 1Q spike Edge
  • DayOne seeks USD1b private credit for data centre expansion Edge
  • New World bondholders receive interest payment on dollar note Edge
  • BOJ to slow bond market withdrawal after standing pat on rates Edge
  • Trump’s latest attack on Fed zooms in on surging debt costs Edge
  • Warner Bros wins support from bondholders for debt overhaul Edge

Digital assets

  • Bitcoin threatens USD104k rug pull as major move yet to come Cointelegraph
  • Agriforce launches gas-powered bitcoin mining site in Alberta Coindesk
  • Coinbase seeks SEC approval to offer tokenised stock trading Coindesk
  • JPMorgan introduces USD deposit token on Base blockchain Coindesk Cointelegraph
  • Latin America oil, gas deal worth USD75m gets tokenised Coindesk
  • Tron’s USD100M token deal gives Weike Sun control Coindesk Yahoo
  • US Senate passes Genius Act to regulate stablecoins Coindesk Cointelegraph Yahoo
  • Why blockchain valuation models are still up for debate Coindesk

M&A

  • Chin Hin scraps RM51m data centre acquisition due to unmet conditions Edge Star
  • Buyout talk surfaces as Yinson reaps fruits of investments Edge
  • SoftBank sells T-Mobile stake for USD4.8b to bet on AI Edge
  • KKR buys Australian off-grid power specialist Zenith Energy Edge
  • Trump will extend TikTok sale deadline for third time Edge
  • TC Energy erases USD199m damages in appeal over Columbia takeover Yahoo

Malaysian

  • BNM will ensure ringgit exchange rate does not run too far Edge
  • Malaysia, Singapore need robust financial ecosystem for high-tech industries Edge
  • Malaysia’s growth to ease in 2025 as global risks mount NST
  • SST unlikely to derail domestic growth Star
  • Malaysia could become net energy importer within 5 years NST
  • Malaysia may miss net zero target without nuclear energy NST Star
  • Petronas to channel 20% of capex to decarbonisation projects Edge
  • Shell to boost its investments in Malaysia by RM9b Edge

Other markets

  • Singapore’s exports unexpectedly fall 3.5% in May NST Star
  • Thailand plans finance industry tax cuts to build frontier hub Edge
  • China’s oil demand will peak earlier than expected Edge
  • DBS to add 100 wealth bankers in Hong Kong as clients trade more Edge
  • Investors are about to find out if Fed still wants rate cuts in 2025 Yahoo
  • Weak US retail sales, manufacturing output point to softening economy Edge
  • US draws ire of France, Canada at meeting of finance regulators Edge
  • SNB poised to drop rate to zero and maintain it Star
  • ECB mustn’t commit to pause or rate cut Star
  • More central banks than ever plan to build up their gold hoards Edge NST
  • Citi calls time on gold’s rally due to slumping demand Edge Star

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