Capital markets news | Fri 29 May 2026
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Artificial intelligence (AI) trends
AI is increasingly being used to identify disease targets, design molecules, and shorten discovery cycles in biotech. The World Economic Forum describes AI as helping make some of the hardest steps in drug discovery faster and smarter. If that translates into even a few repeatable breakthrough pipelines, it could reshape healthcare productivity, biotech valuations, pharmaceutical margins, and the long-run cost structure of medicine.
Equity
- MM Computer Systems’ ACE Market IPO oversubscribed 42.12 times Edge Star
- Rakuten sets fair value at about double Pentech’s IPO price Edge
- IJM targets RM3bil shareholder payout, to list construction arm NST
- SC enhances primary market framework to improve public listing access Edge Star
- Taiwan Stock Exchange plans longer trading hours, odd-lot reform Edge
- Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers Coindesk
- Asset manager Grayscale delays IPO plans as crypto listing boom loses steam Coindesk
- US bonds about to bite stocks Edge
- World’s rich pocket USD1b with big sales of surging stocks Edge
Debt
- Funding constraints shrink Malaysia-Japan hydrogen project – report Edge
- CIMB, China Merchants Bank partner to provide cross-border financing Edge NST Star
- War stress pushes Indonesia, Thailand to lean on short-term debt Edge
- PBOC tells Chinese banks to boost May lending as credit weakness persists Edge Star
- AI boom fuels record USD14.5b in Taiwan tech firm borrowing Edge Star
- Japan eyes ‘bridging bonds’ to fund investment schemes Edge Star
- Apollo shops USD36b debt deal to buy Google chips for Anthropic Yahoo
- US yields rise as oil jumps on fresh strikes in Middle East Star
- Inflation challenges US Treasuries’ traditional role in portfolios Yahoo
- Brazil signals it will bolster Brasilia Bank Star
Commodities
- Malaysia steps on gas, cuts coal use as power demand surges to record Edge
- Global fuel crisis adds urgency to Cambodian push to tap USD300b energy resources Edge
- Hong Kong seeks dominant Asia gold hub with new clearing system Edge
- US, Iran agree to 60-day truce renewal pending Trump signoff Yahoo
- US gas buyers cancel cargoes as Iran war sends freight soaring Edge
- Oil investments to drop for third year on war shock, IEA says Edge
Digital assets
- Local crypto exchange Sinegy integrates Bitcoin Lightning Network Edge
- China working on AI token futures market in race with US Edge
- Bitcoin falls to 6-week low amid war jitters, ETF outflows Star
- Buy the USD72k dip, or jump ship: What will Bitcoin bulls do? Cointelegraph
- Debasement trade falls out of favour as inflation fears cool, JPMorgan says Coindesk
- What’s next as hot money cycle has gone from crypto to gold to AI to memory Coindesk
- SEC Commissioner defends crypto privacy tools against surveillance push Cointelegraph
- UniCredit warns Europe may struggle to contain crypto-bank crisis Coindesk
M&A
- Rohas to acquire 51% stake in M&E firm for RM14m Star
- Stonepeak, Lim family are said to weigh withdrawing Yinson bid Edge Star
- Petronas could acquire Petronas Chemicals’ stake in Pengerang Petrochemical Co Edge
- Mudajaya to sell 45% of China unit to major shareholder to settle RM118m debt Edge Star
- SpaceX-Tesla merger a matter of when, early investor says Edge
- UK will block Indian billionaire Mittal raising BT stake, FT reports Edge NST
- JD.com’s Ceconomy deal involves Chinese subsidies, EU regulators warn Edge
- Uber raises stake in Delivery Hero ahead of fresh bid Edge
Malaysia
- Job hopping among Malaysian Gen Z driven by poor job quality, not work ethic Edge
- US DOJ seizes New York apartment bought with funds from 1MDB for Jho Low’s aide NST
- Penang CM defends rejection of IJM-Aspen bid by releasing part of tender documents Edge
- TNB’s RM43b grid modernisation for rapid growth in data centre demand Edge NST Star
- Supermax’s associate company to establish USD50m medical glove facility in Brazil Edge
Other markets
- Bank of Singapore hiring ‘aggressively’ in wealth push – report Edge
- World’s appetite for AI makes China less afraid of stronger yuan Edge
- Taiwan says US has no timetable for chip tariffs, preferential terms already agreed Edge
- BOK’s new chief reveals hawkish posture as price, FX risks grow Edge
- US Treasury sanctions Iran’s Hormuz strait authority Edge
- Iran war deals blow to global markets’ ‘Gulf put’ Edge
- 4 in 10 wealthy Asian boomers lack succession plans, survey shows Edge
- Australia’s consumer inflation slows in Apr, core creeps higher NST
- Fed says monetary policy is ‘well positioned’ amid inflation risks NST
- Fed’s Musalem says officials can’t rely on AI boom to fix inflation Edge
- Fed’s Kashkari calls for focus on inflation risk, mum on timing of next rate move NST
- Fed’s Jefferson says he is focusing on inflation as US labour market ‘very resilient’ Edge
- Fed’s Goolsbee says oil shock could exacerbate inflationary impulse of AI hype Yahoo
- Warsh’s new challenge: Containing the Fed’s inflation hawks Yahoo
- UBS family office clients cut US exposure in wealth revamp Edge
- US PCE inflation firmer in Apr Edge Yahoo
- US first-quarter GDP growth revised lower to 1.6% pace Edge Star Yahoo
- US Treasury rolls out Trump Accounts app nationwide Edge
- US weekly jobless claims increase marginally amid low layoffs Edge Star Yahoo
- US new home sales slump in Apr amid higher mortgage rates, prices Edge
- IBM to invest USD10b for large-scale quantum computer by 2029 Edge
- 1 in six UK youth risk falling outside job market or education Edge NST
- ECB chief economist sees persistent impact on inflation from Iran war Edge NST
- Germany, Spain said to push back on European plan to ban Huawei gear Edge
- Lagarde says central-bank credibility is key in new world order Edge