Capital markets news | Thu 3 Jul 2025


Do you know?

  • Global Economic Events: The US Jobs Report out today could influence the Federal Reserve’s rate outlook. While a weak report may increase pressure for cuts, the Fed is expected to remain cautious. Without clearer signs of labour softening and easing inflation, a July rate cut is unlikely, although expectations may shift toward action later in the year.

Equity

  • ASM Automation ends ACE Market debut below IPO price Edge NST Star
  • Plytec applies to transfer listing to Main Market Edge
  • Ecobuilt shelves rights issue Edge
  • Banking sector oversold despite resilient fundamentals Edge Star
  • Hong Kong to reclaim top spot in global IPOs Edge Yahoo
  • HDB Financial shares climb in debut after USD1.5b India IPO Edge
  • Trillion-dollar pools of capital mask Middle East VC paradox Edge
  • BlackRock sees growing client push to diversify from US assets Edge
  • Irrational exuberance stock gauge sparks fresh bubble worries Edge
  • Vanguard plans first junk ETF as JPMorgan heats up active race Yahoo
  • In risk-on markets, BlackRock favours US stocks over Europe Yahoo
  • London’s new listings hit 28-year low Edge
  • Russia launches accounts with withdrawal guarantees for foreign investors Edge

Debt

  • Perbadanan Bekalan Air Pulau Pinang assigned AAA rating RAM Edge
  • Gas Malaysia’s AAA, MARC-1 ratings affirmed MARC
  • Malaysia’s ESG bond issuance doubles to RM7.9b in 1H NST
  • Malaysian govt leads bond issuance with RM40b in 2Q Star
  • New World shares jump following record USD11.2b loan deal Edge
  • SoftBank gets over USD17b of demand for dollar, euro bonds Edge
  • Nomura stops selling JGB-backed loans after regulatory scrutiny Edge
  • US Treasuries extend declines as UK selloff weighs on long end Edge

Digital assets

  • Malaysian regulator proposes easing crypto asset listing process Cointelegraph
  • Binance to keep hundreds of staff in Singapore despite crackdown Edge Star
  • Bitcoin futures open interest surges 10% as BTC eyes USD110k Coindesk
  • Scaramucci says bitcoin treasury trend will fade Coindesk
  • Less than 15% bitcoin left on crypto exchanges signals supply problem Cointelegraph
  • Ripple seeks bank license Coindesk
  • Why stablecoin issuer Circle wants to be a bank Yahoo
  • Spot Ethereum ETFs could see explosive growth in 2H Coindesk
  • ECB president says stablecoins will lead to privatisation of money Yahoo
  • Deutsche Bank’s JV to introduce MiCA-compliant euro stablecoin Coindesk
  • JPMorgan’s blockchain arm Kinexys tests tokenised carbon credits Coindesk
  • SEC halts Grayscale large cap fund conversion for review Coindesk
  • OpenAI warns tokenised equity sale on Robinhood is unauthorised Coindesk
  • Crypto should be about freeing people, not esoteric tech Cointelegraph

M&A

  • GFM buys 60% of Shapadu Energy for RM30m Edge NST Star
  • FGV’s RM230m acquisitions of KPF companies approved NST Star
  • Bunge completes long-delayed mega-merger with grain handler Viterra Yahoo
  • PCA to acquire Greif’s containerboard business for USD1.8b Yahoo
  • Bally’s sells Gamesys to Intralot at EUR2.7b valuation Star
  • KKR clinches USD6b Spectris deal over Advent Star
  • German government still in talks with Thyssenkrupp over naval spin-off Edge

Malaysian

  • CIMB joins growing chorus expecting OPR cut in Jul Edge
  • Johor’s GDP share could exceed 12% by 2030 NST

Other markets

  • Indonesia’s Jun inflation ticks up as food prices climb Star
  • Trump announces Vietnam trade deal with 20% import tariff Edge Yahoo
  • HKMA steps in as currency hits weak end of trading band Mail
  • Taiwan sets up task force to help companies manage currency risk Edge
  • Trump’s 35% tariff threat feeds Japan’s worst-case scenario fear Edge Mail Star
  • Australia retail sales up slightly in May, supporting case for rate cut Star
  • Foreign investors increase dollar hedges Star
  • Powell reiterates Fed would have cut more if not for tariffs Edge
  • DOGE now targeting SEC policy, eyes SPAC rules Edge
  • US private payrolls fall for first time in 2 years Edge Yahoo
  • France resists EU-Mercosur trade deal Mail
  • A strong euro isn’t what the doctor ordered Star
  • Leisure travel market will be worth USD15t by 2040 Edge

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