Capital markets news | Tue 24 Jun 2025
Do you know?
- Capital Market Megatrends: With over USD8 trillion in debt maturing by 2026 in the US alone, refinancing pressures, high rates and tighter liquidity are reshaping credit markets, investor risk appetite and global capital allocation strategies.
Equity
- Pan Merchant ACE Market IPO only 37% subscribed Edge NST Star
- ASM IPO shares oversubscribed 1.27 times Edge Star
- Qualitas Health Group eyeing Bursa listing Edge
- Branding and marketing specialist SBS Nexus plans ACE Market listing Edge
- KL Foodie social media creator eyes ACE Market IPO Edge
- AAX RM1b cash call end-Jul deadline unchanged Edge
- Foreign outflow continues at RM565.2m last week Edge NST Star
- SGX launches 6 more depository receipts for Hong Kong, Thai names Edge
- Vietnam’s star tech firm VNG still planning US IPO Star
- Hong Kong stocks edge down as investors eye funding conditions NST
- Sanhua slips in Hong Kong debut after USD1.2b listing Edge
- Morgan Stanley’s Wilson says geopolitical sell-offs fade fast Edge
- Fintech platform Wealthfront confidentially files to go public in US Yahoo
- Veda raises USD18m to expand DeFi vault infrastructure Coindesk
- ProCap to go public in USD1b bitcoin treasury SPAC deal Coindesk
- Crypto hedge fund execs to raise USD100m for BNB treasury vehicle Cointelegraph
- Cement firm Amrize falls in spinoff debut as Holcim jumps Yahoo
Debt
- Maybank supports CP Group’s Altervim with first green loan in Malaysia NST Star
- Mulpha unit secures RM203.83m cash advance from Australian bank Edge Star
- HSBC Amanah launches Shariah-compliant digital trade platform NST
- Yinson plans USD1.2b secured notes, backed by offshore production asset Edge
- China asks state-owned developers to avoid public debt defaults Edge
- Japan flags big cut to long-end bond issuance before auction Star
- Wolfspeed plans US bankruptcy filing in deal reached with creditors Edge NST
- Trump Organization pays off loan on 40 Wall Street in New York Yahoo
- Treasuries gain as traders seek havens, Jul Fed-cut bets grow Yahoo
- Bond traders look to Fed officials for clues on rate cut timing Yahoo
Digital assets
- Bitcoin busts past USD106k on reported Iran-Israel ceasefire Coindesk
- Cipher Mining begins bitcoin production at 300MW data centre Coindesk
- Stablecoins are a monetary revolution in the making Coindesk
- Honeypot scams lure investors into buying tokens they can’t sell Cointelegraph
- Crypto index funds and ETFs can help you earn passive income Cointelegraph
- MAS clarifies new digital token regulations Star
M&A
- PNB Project 1194 up for sale Edge
- Apex court slams shut Prudential’s final bid to fully control Malaysian ops Edge
- Hiap Huat acquires Terengganu assets for RM9.5m Edge NST
- OCBC won’t make another offer for Great Eastern if delisting proposal fails Edge
- BNY approached Northern Trust for merger talks Edge
- NY Jets owner Johnson agrees to buy Crystal Palace stake for USD215m Edge
- Italian energy group Eni sells 20% of Plenitude to Ares for USD2.3b Edge NST
Malaysian
- CIMB revises 2025 GDP forecast to 4.3% on trade easing, stronger US ties Star
- Trade with Taiwan surged 36.8% to RM92.77b in 5M2025 Edge NST Star
- National AI Technology Action Plan being finalised Edge
- Malaysia inks free trade agreement with 4-nation European bloc Edge NST Star
- Penang nets RM6.7b in 1Q manufacturing investments, mostly foreign Mail NST
Other markets
- Singapore’s core inflation slows as recreation prices fall anew Edge Star
- Japan PMI pickup points to front-loading ahead of US tariff jump Edge Star
- Powell headed for Congressional grilling over Fed’s rate hold Yahoo
- Fed’s Bowman open to cutting rates at Jul policy meeting Yahoo
- Big banks to get one of biggest regulatory rollbacks since 2008 Edge Yahoo
- Fed to no longer police reputational risk in banks Edge
- Investors pour cash into USD7.4t US money-market funds Edge Yahoo
- Lagarde reiterates ECB is well-placed to navigate uncertainty Edge
- Strait of Hormuz blockade may push oil above USD100 NST