Capital markets news | Tue 12 Aug 2025
Do you know?
- Emergent reasoning in smaller AI models. New research shows small AI models (under 3 billion parameters) can sometimes outperform huge ones on niche reasoning tasks when fine-tuned properly.
Equity
- Gold Li files draft prospectus for ACE Market listing Edge
- Avillion places 15% to Lim Chai Hock Edge
- Kimlun to raise RM40.64m from private placement NST
- Carzo faces potential delisting after failing to secure new core business Edge Star
- Foreign outflow continues for fifth week at RM1.14b last week Edge NST Star
- Domestic markets face volatile fund flows Star
- Singapore’s Ninja Van said to halve valuation in latest round Edge
- Hong Kong allowing listing applicants more privacy sparks confidential filings Yahoo
- Seoul-based Datumo raises USD15.5m to take on Scale AI Yahoo
- Coindesk owner Bullish boosts IPO size to USD990m Edge Coindesk
- BofA poll shows record number of investors say stocks overvalued Edge
- Sinclair weighs spinoff of Ventures Yahoo
- Slow Ventures invests in woodworking content creator from USD60m fund Yahoo
- Citigroup CEO visits Mexico amid Banamex stake talks Yahoo
Debt
- SHC Capital’s AA- rating affirmed MARC
- KNM creditors agree to cut RM182m from unit’s RM1.93b debt Edge Star
- OCBC Al-Amin, CGC ink RM100m portfolio guarantee-i deal NST Star
- Malaysian federal debt to rise past RM1.7t by 2030 Edge
- Vietnam’s banking sector to remove credit quota Star
- Builder China South City ordered to liquidate by Hong Kong court Edge
- Goldman favours Asian high-grade debt again as growth risks rise Edge
- S&P assigns first-ever credit rating to a DeFi protocol, rates Sky at B- Coindesk
- Debt market jitters signal caution for high-flying stocks Edge Star
Digital assets
- South Korea’s crypto traders flock to USD3.6b ether hoarder Edge
- Bitcoin pulls back to USD119k over looming inflation data Coindesk
- At least 1 bitcoiner gets kidnapped every week Cointelegraph
- ETH transaction volume climbs on price rally, cheaper DeFi costs Coindesk
- Paxos applies for national bank trust charter Coindesk
- Crypto debanking is still occurring with Operation Chokepoint Cointelegraph
M&A
- HCK buys another plot of land from Bandar Setia Alam for RM19.35m Edge Star
- Y&G units buy 4 Selangor land parcels worth RM395m Edge NST Star
- Citaglobal buys control of 2 Perak hydropower projects for RM15m Edge NST Star
- DRB-Hicom to acquire Spirit AeroSystems ops in Malaysia Edge Mail NST Star
- CVC looking to sell 68.35% stake in AHAM Capital Edge
- Singapore’s Keppel to sell M1 stake to Simba Telecom for a net USD778m Edge Star
- Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm Edge NST Star
- EQT to buy controlling stake in Remember Yahoo
- Australia’s Santos extends due diligence deadline for USD18.7b Adnoc-led offer Edge
- Software firm MeridianLink to go private in USD2b deal with Centerbridge Yahoo
- Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac Edge
- Rumble gains on plans to acquire tether-affiliated Northern Data Coindesk Yahoo
- Western Union to buy International Money Express for USD500m Yahoo
- Waldencast bought hyaluronic acid injectable gel maker Novaestiq Yahoo
- Consumer M&A surges to USD34.7b in 2Q despite tariff uncertainty Yahoo
- Rolls-Royce offloads UK pension fund to PIC in GBP4.3b deal Edge
- Sorrell attempts to revive struggling ad firm with merger talks Yahoo
- Gemfields sells Fabergé eggs maker for USD50m Edge
- French cocoa trader Touton said to be put up for sale Edge
Malaysian
- Bank Negara, SC to release fourth climate data catalogue in Nov Edge
- JC3 to develop sustainable finance taxonomy aligning with Asean taxonomy Star
- SME Bank empowers 5,735 entrepreneurs in 1H, up 158% Edge NST Star
- RM3.29b approved investments in AI recorded for Jan-Jun Edge NST Star
- Construction sector grew 12.9% with RM43.9b work done in 2Q Edge Mail NST
- Unemployment rate steady at 3% in Jun, figure falls to 518,700 Edge Mail Star
- Underemployment rises despite low jobless rate Star
Other markets
- Philippine central bank governor confident inflation will hit 2% in 2025 NST
- Philippine billionaire’s company says rigorous audit underway amid probe Edge
- India’s RBI said to have sold at least USD5b to boost rupee Edge
- Ultra wealthy are piling into a centuries-old gold trade in Asia Edge
- Small US firms paying Trump tariffs face USD202b annual hit Edge
- US consumers to bear brunt of tariff hit Edge
- Jul CPI report expected to show inflation accelerated amid tariff pressures Yahoo
- Billionaire family’s ex-Goldman banker adds to UK wealth exits Edge
- SK Hynix expects AI memory market to grow 30% a year to 2030 Edge