Capital markets news | Fri 11 Jul 2025


Do you know?

  • Environmental Social Governance (ESG): The global ESG focus on indirect (Scope 3) emissions is expanding, but US-based companies may delay or scale back such disclosures. However, firms with international operations must still meet EU and UK requirements. The result: American companies increasingly face divergent ESG standards depending on geography and market exposure.

Equity

  • Enproserve’s ACE Market IPO oversubscribed 0.43 times Edge NST Star
  • Gas detector One Gasmaster files draft prospectus for ACE Market listing Edge Star
  • Jasa Kita advises on trading suspension ahead of announcement Edge
  • Sarawak Cable delisting on 15 Jul over regularisation plan Edge NST Star
  • Propel Global proposes placing out 10% of shares for working capital Edge
  • MUI Properties in preference shares deal Star
  • Japanese firm Remixpoint raises USD215m for bitcoin treasury Cointelegraph
  • Fintech iCapital valued at over USD7.5b in latest fundraise Yahoo
  • AI-chip startup Groq discusses USD6b valuation Edge
  • Binance founders’ USD10b fund backs US crypto listing bid Yahoo
  • Inshur receives USD35m from PE firm Trinity Capital Yahoo
  • Mulberry raises GBP20m to accelerate turnaround strategy Yahoo

Debt

  • Affin Group’s AA3 financial institution ratings affirmed RAM
  • Malaysian bond outflows may prove short-lived after rate cut Edge Star
  • Mah Sing’s RM250m sukuk done Star
  • BNM’s policy-rate cut to hurt smaller banks most Edge Star
  • Japan’s NTT sells USD17.7b of foreign bonds in record Asian deal Edge
  • Nissan set to pay its highest coupon on USD4b bond sale Edge
  • US Treasuries settle mixed after solid auction of 30-year bonds Yahoo
  • Banks start pitching USD4.25b in debt for Boots buyout Edge

Digital assets

  • Bitcoin hits new all-time high at USD116k Coindesk
  • Bitcoin experts explain why it’s set to rally to USD200k this year Yahoo
  • US SEC clarifies tokenised securities are still securities Cointelegraph
  • Fed’s Waller says stablecoins could lower payment prices Yahoo
  • Jack Ma-backed Ant to add Circle’s stablecoin to global net Edge Coindesk
  • Japanese real estate firm Gates to tokenise USD75m Tokyo property Coindesk
  • German NRW.BANK issues EUR100m blockchain bond on Polygon Coindesk
  • Malta’s MiCA licensing comes under scrutiny from EU regulator Cointelegraph
  • What’s next for decentralised governance? Coindesk
  • Digital markets will power frontier economies’ development Coindesk

M&A

  • NexG acquires Petaling Jaya property for RM28.5m Edge Star
  • Avaland buys 3.2-acre KL land from Tan Chong for RM148m Edge NST Star
  • Mitratel considers reviving USD5.5b merger with Tower Bersama Edge
  • Richard Li’s China expansion stalls amid backlash to father’s port sale Edge NST
  • Posco sells Chinese steel plant at USD291m value Yahoo
  • Mitsui Sumitomo to buy Japan’s Time Machine Underwriters Yahoo
  • Manipal Hospitals to acquire majority stake in Sahyadri Hospitals Yahoo
  • Jahez to acquire 76% stake in Qatar’s Snoonu for USD245m Yahoo
  • Private-equity firm buys majority of Australian dairy supplier Procal Yahoo
  • Power firm AES explores options amid takeover interest Star
  • Merck shells out USD10b in bid to diversify Star
  • EnergyX to acquire Daytona Lithium in USD26m deal Yahoo
  • Autodesk weighs takeover of engineering software firm PTC Yahoo
  • Triple Flag completes USD305m Orogen acquisition Yahoo
  • JMG Group acquires London-based Profile Insurance Services Yahoo
  • BP to divest Netherlands-based retail and EV businesses to Catom Yahoo
  • Wabtec to acquire Frauscher Sensor Technology for EUR675m Yahoo

Malaysian

  • No more OPR cuts in sight as BNM drops dovish tone NST Star
  • Number of unemployed drops 0.7% in May Edge
  • Selangor logs record-high GDP in 2024 at RM432b Edge NST Star

Other markets

  • Singapore unveils grant to help firms weather tariff challenges Edge NST
  • Xi signals China may finally move to end deflationary price wars Edge
  • South Korea signals near-term rate cut over US tariffs uncertainty Edge NST
  • Fed’s Daly says 2 rate cuts remain on the table for this year Yahoo
  • Waller says Fed is too tight, can consider Jul rate cut Yahoo
  • Fed’s balance sheet drawdown likely can continue for some time Yahoo
  • US jobless claims fell a fourth week during 4 Jul holiday Edge Star
  • Norway’s Jun core inflation slightly higher than expected NST
  • Swedish GDP shrinks 0.2% in May from Apr NST

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