Capital markets news | Thu 10 Jul 2025


Do you know?

  • Environmental Social Governance (ESG): Globally, AI is transforming ESG by improving data transparency, detecting greenwashing and automating climate risk analysis. In the US, however, political pressure slows adoption of ESG-focused tools. While public-facing applications shrink, investor-driven AI ESG models continue growing, especially in firms catering to European and Asian asset owners.

Equity

  • PMCK closes higher on ACE Market debut Edge NST Star
  • Wasco Greenergy eyes Main Market listing Star
  • AirAsia talks with investors nearing conclusion Edge Mail NST Star
  • Apple supplier Lens Technology up 9% in Hong Kong debut Edge
  • Ambani’s Reliance Jio delays India IPO beyond this year Yahoo
  • Saudi property stocks rally on foreign ownership rule changes Edge
  • Australian pension adds private equity Star
  • AI chip startup Groq discusses USD6b valuation Yahoo
  • Revolut seeks USD1b in new funding at USD65b valuation Coindesk
  • AI company Dataminr appoints CFO to lead IPO preparation Yahoo
  • Aura Minerals eyes USD210m US listing Yahoo
  • London must drop listing snobbishness to fix decline Edge
  • Blackstone-backed casino firm Cirsa opens steady in Spain debut Edge
  • Markets becoming desensitised to Trump’s tariff shifts Edge Star

Debt

  • Sabah Credit Corporation’s AA1, P1 issue ratings affirmed RAM
  • Deutsche Malaysia affirmed at AAA RAM
  • Tropicana’s ratings outlook revised to positive MARC
  • Zetrix upsizes sukuk issuance to RM2b from RM1b NST
  • Banks cut lending rates after BNM’s OPR reduction Edge
  • Vietnam banks’ credit growth hits 2-year high in 1H Star
  • Tycoons damaging Hong Kong’s credit culture Star
  • Nissan Motor raises USD1.4b from sale of convertible bonds Edge
  • US mortgage applications to buy a home jump to 2-year high Edge
  • US Treasuries fall for fifth day as pressure builds amid auctions Edge
  • FTC Solar enters USD75m strategic financing facility Yahoo

Digital assets

  • Bitcoin tops USD111k Coindesk Cointelegraph Yahoo
  • Crypto industry pitches market structure ideas to US senators Coindesk
  • Ripple shareholder Linqto files for Chapter 11 bankruptcy Cointelegraph
  • Private companies keen on Robinhood’s tokenised equity platform Cointelegraph
  • Greece seizes crypto tied to North Korea’s USD1.5b Bybit hack Coindesk
  • Phone bot farm steals crypto airdrops from real users Cointelegraph
  • Is there a future for DAOs? Coindesk

M&A

  • Takeover offer for Rex Industry’s shares turns unconditional Edge Star
  • LGMS to acquire 27% stake in IT services firm for RM23m Edge Star
  • Sing-Sunway JV tops bids for Chuan Grove site at SGD1,376 psf Edge
  • Macquarie weighs sale of Singapore petrochemical asset Edge
  • Starbucks China attracts bids at up to USD10b valuation Edge NST
  • New World is selling China property assets after loan deal Edge
  • Lancaster Resources acquires Lake Cargelligo gold project in Australia Yahoo
  • Italy’s Ferrero nears deal to buy Froot Loops maker WK Kellogg Yahoo
  • TikTok prepares US app with its own algorithm and user data Edge
  • Monad acquires Portal Labs to expand stablecoin payments Coindesk
  • COVU buys California-based Leland Insurance Yahoo
  • Aris Mining to sell Juby gold project to McFarlane for USD22m Yahoo
  • Arbitrage investors with billions to wager await next mega-deal wave Yahoo
  • Everton FC mulls selling stake in women’s team Edge
  • UniCredit becomes top Commerzbank owner by converting stake Edge

Malaysian

  • BNM cuts overnight policy rate to 2.75% Edge Mail NST Star
  • Economists split on further OPR cuts in 2025 as BNM turns dovish Edge NST
  • Non-tariff barriers hinder US-Malaysia trade talks Edge
  • Growth forecast held steady despite US tariff risk NST
  • Economists expect lower growth after 25% tariff Edge
  • Gold association establishes shariah advisory board Edge

Other markets

  • Singapore cuts wait time for rich people seeking to set up Edge
  • Indonesia gives more seized plantations to state palm oil company Agrinas Edge
  • Thai exports in 2H expected to contract sharply over tariffs NST
  • China economy to top USD19.5t this year Edge
  • China’s factory-gate deflation worst in 2 years as trade war bites Edge NST Star
  • New Zealand keeps interest rates on hold but flags likely cut Yahoo
  • Fed minutes show little support for interest rate cut later this month Yahoo
  • Trump’s trade letter tally reaches 22 Yahoo
  • US could collect USD300b in tariff revenue this year Edge NST
  • US to impose 50% copper tariff, pharma levy may hit 200% NST
  • US buyers of critical minerals bypass China’s export ban Mail NST
  • BOE to review bank capital rules for first time since 2019 Edge
  • Fortress Russia has confiscated USD50b in assets over 3 years Edge
  • Global trade grows by USD300b in 1H with uncertain outlook NST

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