Capital markets news | Tue 21 Jul 2026

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AI selloff
The AI trade became extremely crowded. Investors piled into semiconductors and mega‑cap tech expecting flawless execution and years of hyper‑growth. A June-July 2026 correction erased about USD1-1.3 trillion of market value from AI‑linked chipmakers and software firms, showing how quickly crowded positions can unwind once expectations are questioned. Because the drop followed parabolic gains (for example, Micron’s ~800% rally over the prior year), the selloff reflects valuation fragility and positioning pressure rather than a clear collapse in demand.

Equity

Kenanga Research sets Stratus Global’s IPO fair value at RM2 Edge
MN Holdings gets regulatory approval for transfer to Main Market Edge NST Star
Lim Seong Hai Capital plans to transfer listing to Main Market Edge Star
Foreign funds extend buying streak, net inflows jump eightfold to RM612.3m Edge NST Star
MI Technovation proposes dividend-in-specie ahead of SGX listing Star
Chinese traders unwind leveraged bets at fastest pace since 2016 Edge
DeepSeek founder’s fund slumps 16% as AI rout hits China quants Edge
China securities regulator to hold market stability meeting Edge NST Star
AI pioneer Kai-Fu Lee’s startup targets Hong Kong IPO next year Edge
Hong Kong mulls longer stock trading hours, ending lunch break Edge Star
Citi lowers South Korea to neutral, citing volatile trading conditions Edge
South Korea’s frenzied stock trading exposes margin loan risks Edge Star
Blackstone invests in South Korean robotics supplier Futronic Edge
Citi says Magnificent Seven tag obsolete in AI stock winners Edge Yahoo
Goldman Sachs picks 36 market winners that aren’t AI stocks Yahoo
Warren Buffett says his USD147b investing career was an accident Yahoo
British AI startup targets new materials Star
Could AI chip boom make ASML Europe’s first trillion-dollar firm? NST

Debt

ECM Libra’s subsidiary accepts banking facilities for hotel development Edge Star
Malaysia to attract foreign bond inflows despite hawkish US Fed: MARC Ratings NST
GDP surprise fuels hawkish OPR bets, lifts bond yields NST
Tanco’s container port closer to fruition but question of funding remains Edge
Malaysian data centres need alternative funding for USD20b expansion Edge Mail Star
Airo, Eastspring Investments launch new digital investment solution Edge Star
AmBank, Ramssol launch platform that lets employees access wages before payday NST Star
Tekun disburses RM36m to 1,500 entrepreneurs in Negri Sembilan as of Jun NST
India’s EXIM Bank plans USD300m dollar bond sale under RBI hedging facility Edge
Treasury relies on short-term US debt that are at the mercy of hawkish Fed Yahoo
Bonds unsettled as oil and gas climb, earnings loom for AI Edge

Commodities

China’s next oil shock: lower imports or higher fuel exports? Star
Iran and US widen attacks, raising fears for Gulf shipping and water supplies Edge
Hormuz traffic near standstill as Dynacom ships targeted Edge
Houthis impose Saudi naval blockade, opening new front in US-Iran war Edge
Houthi embargo on Saudi Arabia threatens oil market relief valve Yahoo
US gasoline prices surpass USD4 a gallon for first time in a month Edge Yahoo
Oil analyst warns of violent repricing as US oil reserves fall Yahoo
Diesel squeeze in Europe set to deepen, Morgan Stanley says Edge Star
Kazakh Black Sea oil terminal halted again after tanker hit Edge
Forget crude. War pushes refiners to the brink Edge

Digital assets

Vietnam fines crypto traders using unlicensed platforms Star
Amazon Japan supplier to adopt yen stablecoin JPYC for payments Coindesk
Bank of Korea prepares for live CBDC transactions with 9 banks in Sep Coindesk
A bitcoin ‘volmageddon’ may be brewing, key indicator suggests Coindesk
Bitcoin ETFs draw cash again as token remains 50% below record Edge Star Coindesk
Crypto institutions look beyond audits as trust signals falter Cointelegraph
Cross-chain protocol Allbridge halts after USD1.65m flash loan exploit Coindesk
SEC sues Mining Automatic, founder over USD22m crypto mining scheme Cointelegraph
Brazil’s securities regulator sets up task force for tokenisation proposal Coindesk

M&A

Khazanah said to be paring down stake in Cenviro Edge
MUI Properties unit sells Bandar Springhill industrial land for RM18.7m Edge Star
Historic RHB building on Jalan Tun H S Lee listed for RM30m Edge
UMLand challenges seizure of 192 plots tied to demerger dispute Edge
Sunway JVs secure Singapore’s Bayshore site with top RM6.7b bid Edge NST Star
IKEA puts 8 China store properties up for sale Star
KKR, AEW seek to sell China property assets at steep losses Edge
Paramount–WBD merger on pause as judge issues temporary restraining order Yahoo
Samsung Biologics to buy PolyPeptide in USD1.8b deal Edge NST
UK’s Segro rejects Prologis’ USD18.2b sweetened takeover proposal Edge

Malaysia

BNM may raise rates if growth holds, oil fuels inflation Edge
Inflation manageable despite rising cost pressures, no OPR cut needed NST Star
Stronger first half lifts Malaysia’s growth outlook NST Star
MARC Ratings raises Malaysia’s 2026 GDP forecast to 5.1% NST Star
Exports surge 45% in Jun on electronics, petroleum shipments Edge Mail NST Star
High base effects to temper export growth in 2H after bumper Jun print Edge
The three economies framework: Why GDP alone no longer defines prosperity Edge
Second gas power plant RFP in 2 years said to have drawn 5 bids Edge
KWAP’s eFishery loss shows risk of relying on global audit firms Edge
Evaluate KWAP’s performance, with RM12.9b net profit, fairly Edge Star
FashionValet trial: Banker confirms RM8m went into 30 Maple’s account Edge

Other markets

Singapore mulling lower taxes, easier talent entry for hedge funds Edge
Indonesian parliament panel gives go-ahead to financial centres plan Edge
Rupiah set for reprieve as analysts see central bank support Edge
Thailand readies Japanese-style savings plan to support market Edge
Thai exports face US tariff risk over forced-labour, standard concerns Star
China leaves benchmark lending rates unchanged for 14th consecutive month in Jul NST
AI the ‘new engine’ keeping Chinese economy from harder landing Edge
China’s Moonshot pauses Kimi subscriptions amid hot demand, IPO push Edge
South Korea details plan to make won freely tradable abroad Edge
India’s central bank says forex deposits net USD17.4b Edge
What Wall Street never got about Gulf investors Star
KMPG Australia fines staff USD126k for misconduct in audit scandal Edge Star
Federal Reserve’s Jul inflation forecast contains red flag Yahoo
TSMC’s USD265b US spending driven by demand and rivals, CFO says Edge
Trump’s temporary global tariffs are set to expire this Fri Yahoo
Trump announces 50% tariffs on Canadian autos, dairy, and alcohol Yahoo
Boeing wins 100 plane 737 Max order from lessor SMBC Edge Mail
Markets price in two ECB rate hikes by early 2027 as Brent tops USD90 Star