Capital markets news | Thu 26 Jun 2025


Do you know?

  • Capital Market Megatrends: Strategic M&A rebounds as rate stability returns. Record dry powder being deployed by private equity (USD1.2-1.4 trillion) and private credit (USD2-3 trillion) enables buyouts, growth capital and opportunistic acquisitions across tech, healthcare and infrastructure.

Equity

  • Pan Merchant’s IPO price demands more than the business can deliver NST
  • iCents sets ACE Market IPO at 24 sen Edge Star
  • Tradeview says investors should subscribe for PMCK IPO Edge
  • Ping An builds USD23b stake in Chinese banks on dividend bet Edge
  • HDB starts taking orders for one of India’s biggest IPOs this year Edge
  • Uber-backed electric bike startup Lime hires banks for US IPO Yahoo
  • QXO seeks USD2b in share sale Star
  • US exchanges, SEC in talks to ease public company regulations Edge Yahoo
  • Goldman trader sees risks stacking up for lower-quality stocks Edge
  • Zama raises USD57m, first fully homomorphic encryption unicorn Coindesk

Debt

  • Gabungan AQRS’ sukuk programme MARC-1, A ratings affirmed MARC
  • China makes pitch for more private cash in cross-border projects Edge
  • China’s collateral demands curb other countries’ financial management Edge Yahoo
  • Toyota sold bonds to finance its futuristic city goals Edge
  • Australia’s Star shareholders approve USD195m rescue package NST
  • Bond traders boost bets US 10-year yield will dive toward 4% Yahoo
  • New plan takes shape in Washington to help manage explosive US debt Yahoo
  • Bitdeer raises USD330m via convertible note sale Coindesk
  • GameStop has USD2.7b more bitcoin buying power from greenshoe Coindesk

Digital assets

  • Bitcoin hits USD107k as mortgage applications to include crypto Coindesk
  • Bitcoin’s USD14b options expiry marked by surge in put-call ratio Coindesk
  • Bitcoin price analysis now sees up to USD111k liquidity grab next Cointelegraph
  • Bit Digital exits bitcoin mining to focus on ETH staking strategy Coindesk
  • Invesco files for Solana ETF to tap growing demand for bitcoin alternatives Yahoo
  • Crypto firm BitGo’s assets in custody jump Star
  • SoFi to launch blockchain remittances with stablecoins Coindesk
  • Ethereum’s identity crisis is what real decentralisation looks like Coindesk
  • Predictive intelligence is the upgrade blockchain can’t afford to miss Cointelegraph
  • The next frontier in finance is tokenised access to private markets Coindesk
  • What’s next for real-world asset tokenisation Coindesk

M&A

  • Sports Toto buys Berjaya Times Square commercial units for RM24.9m Edge Star
  • UEM Sunrise shelves data centre plan, looks to sell 74-acre land Edge
  • Axiata’s Myanmar tower sale sparks Edotco monetisation talk NST Star
  • Bank Pembangunan’s Borcos deal had full internal approvals Edge
  • BP’s debt may deter a buyer Edge
  • EDF weighs asset sales amid greater push for nuclear energy NST
  • Monte Paschi gets ECB green light to take over Mediobanca Edge

Malaysian

  • SC seeks public feedback on proposed sustainability assurance framework Star
  • More economists see BNM cutting OPR in Jul Edge
  • Price pressures expected to inch up Star
  • MACC says MEX II sukuk proceeds were converted to digital currency Edge
  • FDI inflows jump 33.4% to RM51.5b in 2024 Edge Mail NST Star
  • Services trade hits RM497.4b in 2024 Mail NST Star
  • Manulife AUM hits RM17.2b in 2024, beats industry average NST Star

Other markets

  • DBS targets hiring 40 private bankers for North Asia market Edge
  • Thailand holds key rate, raises growth outlook despite risks Edge NST
  • China is building a mega-sized consumer economy Edge NST
  • China seizes moment to globalise yuan as dollar doubts mount Edge
  • BOJ board divided over rate pause and inflation risks, Jun summary shows Edge
  • Hawkish BOJ policymaker signals chance of decisive rate hikes Edge NST Yahoo
  • Australia’s monthly CPI cools, cementing Jul rate-cut case Edge Star Yahoo
  • Fed’s Schmid supports wait-and-see approach Star
  • Fed’s Powell cautions against ending Fed power to pay interest on reserves Yahoo
  • Fed kicks off effort to ease bank leverage rules Yahoo
  • JPMorgan sees tariff-induced US stagflationary slowdown in 2025 Edge
  • Goldman’s Chambers sees currency hedges accelerate dollar’s fall Edge
  • Dollar’s falling volatility creates appeal as carry-trade funder Edge
  • PIMCO sees rate cuts leading next market rescue amid fiscal constraints Yahoo

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