Capital markets news | Fri 12 Dec 2025
Do you know?
Market making: Their technology gives them a statistical edge. High-speed algorithms update prices, manage inventory, and capture tiny, consistent profits. The combination of automation, speed and scale lets them operate profitably even when margins are thin.
Equity
- Wasco Greenergy falls 12% on Main Market debut Edge NST
- Guan Huat Seng, TA sign ACE Market IPO underwriting Edge NST Star
- Ambest, Malacca Securities sign ACE Market IPO underwriting Edge NST Star
- Bursa finishes 2025 with 2-decade high listings, more in queue Edge
- REITs to gain from rate cuts Star
- AGX plans 1-for-4 bonus warrants Edge NST Star
- Bursa’s FTSE4Good index sees 26 new additions, 6 exclusions Edge NST Star
- JD.com’s Jingdong Industrials opens down 7.8% in Hong Kong debut Star
- Chinese AI unicorns MiniMax and Zhipu target Hong Kong IPOs soon Edge Star
- Hong Kong set to keep IPO crown in 2026 on mega deals, return of US capital Yahoo
- Korea to create commercially driven Temasek-style sovereign fund Edge
- Asian equities see biggest foreign outflows in 6 years over tech valuation Star
- Musk hints at possible SpaceX IPO in X post after media reports Edge Yahoo
- Investors say Elon Musk’s SpaceX trading debut will be craziest IPO ever Yahoo
- Disney to invest USD1b in OpenAI and bring characters to Sora Edge
- Cross-chain liquidity protocol LI.FI raises USD29m in Series A extension Coindesk
Debt
- Celcom Digi Telecommunications’ AAA sukuk rating affirmed RAM
- MAHB’s AAA senior and AA2 subordinated sukuk ratings affirmed RAM
- Vantris Energy reports over RM4b profit on debt forgiveness Edge NST Star
- ADB approves USD500m for Philippine blue economy Star
- Asian EM bonds set for 2026 revival on carry, investors say Edge Star
- Australia’s economy unexpectedly sheds jobs, yields drop Edge
- Treasuries gain as Fed cuts, traders wager on 2 more in 2026 Edge
- JPMorgan harnesses blockchain for Galaxy Digital debt issuance Edge Coindesk
Digital assets
- Malaysia’s digital banking sector paves way for growth, positive crypto outlook NST
- Bitcoin rebounds to USD93k from post-Fed lows, altcoins under pressure Coindesk
- DTCC gets green light to offer blockchain-based securities service Yahoo
- Terraform’s Do Kwon sentenced to 15 years jail for fraud Coindesk Cointelegraph
- US financial-risk watchdog erased digital assets as potential hazard Coindesk
- US CFTC scraps actual delivery guidance on crypto exchanges Coindesk
- Norway rules out immediate need for a CBDC Yahoo
M&A
- Oasis in deal to buy 80% of PR firm Contagious for RM900k Star
- Keppel REIT buys 1/3 of Singapore office tower for USD700m Yahoo
- US-based Ball to acquire majority stake in China-based Benepack Yahoo
- Li Ka-shing ports sale slows on regulatory hurdles, Cosco’s role Edge Star
- Paramount’s Mideast backing likely runs deeper than USD24b Edge Yahoo
- PNC’s Demchak bemoans M&A speculation Yahoo
- Crypto investment firm Blockstream buys tradfi hedge fund Corbiere Coindesk
- Premium Brands adds Stampede to M&A roster Yahoo
- M&T Bank sees M&A high on its capital-deployment agenda Star
- India’s TCS buys US-based Coastal Cloud for USD700m Yahoo
- BlackRock sells 7% stake in Spain’s Naturgy for USD2b Edge
- TPG mulls stake sale or IPO for APM Monaco Star
- Italy’s Valsoia buys majority of Slovenia’s kefir maker Kele & Kele Yahoo
Malaysia
- BNM expected to keep 2026 OPR unchanged despite US Fed cuts NST Star
- Malaysia gets top rating for fighting financial crime NST Star
- Malaysia needs to step up prosecutions, convictions against illicit finance Edge NST
- 1MDB scandal shows need for stronger measures against illicit funds Edge NST Star
- Malaysia logs over 1.39m suspicious transaction reports in 5 years NST
- Malaysia recovers EUR8b in financial crime crackdown NST Star
- Court orders RHB Bank to disclose minimum due diligence guidelines Edge
- Labour market to remain stable next year NST
- Swamped by China businesses seeking new markets Edge
- US tariff exposure drops to 4.6% of GDP, among Asean’s lowest NST
- US did not raise Bumiputera rights issue in signing of ART Edge
Other markets
- Philippine central bank cuts policy rate, signals easing cycle nearing an end Edge
- China promises fiscal boost next year, recognises prominent imbalance Edge
- China’s 1 trillion trade surplus: turning tariffs into gain Star
- Yuan is undervalued by 25% on trade basis Star
- China’s ZTE may pay more than USD1b over foreign bribery allegations Edge Star
- Hong Kong cuts rate but major banks keep lending rates steady Edge NST Star
- Japan plans tax breaks to spur capital spending NST
- India lets USD177b of pensions access more assets Star
- Australia Nov jobs fall most in 9 months, unemployment rate steady Star
- Fed signals rate cut pause, investors navigate data gaps, leadership change Edge
- Fed may not give Trump his rate cuts, but set out positive view of 2026 economy NST
- Big central banks edge back towards hiking mode, but Fed keeps cutting Yahoo
- US trade deficit unexpectedly shrinks to smallest since 2020 Edge
- US weekly jobless claims surge amid seasonal adjustment challenges Edge
- Canada posts a trade surplus in Sep beating expectations of a deficit Edge
- Mexico approves up to 50% tariffs on China, other Asian nations Edge Mail NST Star
- Brazil holds interest rate at 15% Star
- Britain would have suffered cash crunch without QE Yahoo
- Swiss National Bank keeps rates at zero, expects US tariff cut to help economy Edge
- Trump plans US investment in Russia, restoring oil flows to Europe Edge
- AI’s USD400b problem: are chips getting old too fast? NST