Capital markets news | Tue 21 May 2024
Equity
- Foreigners net buy Malaysian equities for 4th week with RM874m Edge NST Star
- Bursa introduces trading reminders in addition to UMA queries NST Star
- RM1b Teraju funds to scale up 1k Bumiputera firms NST
- Venture capital funding in crypto rises to USD2.4b Edge
- South Korea continues crackdown on short selling Star
- India fund breaks mould with record capital raising Star
Debt
- Fed rate expectations dampen foreign appetite for MGS and GII RAM
- Hong Leong Bank fully subscribes Exio Logistics’ RM350m bonds NST Star
- Peloton launches USD1b loan to refinance existing debt Edge
- SoftBank plans USD3.5b bond in Japan Edge
- Deutsche Bank transfers risk on portfolio of green mortgages Star
- Elliott builds USD1b stake in Johnson Controls Star
Mergers and acquisitions
Projects and business
- EPCC work yet to start on Toyo’s Song Hau power plant Edge
- Capital A’s unit certified to provide MRO services in Cambodia Edge
- Pertama to continue e-Jamin with PM Department’s approval Edge
- Sunview partners Yashil Energiya to explore RE in Uzbekistan Edge
- MAHB’s passenger traffic rises 7.6% to 11m in Apr Mail NST Star
- Alliance Bank’s SME, commercial banking loans grow double digits NST
- InvestSarawak, Marubeni ink MoU for commercial-scale aviation fuel Star
- Red Lobster chain goes bankrupt after unlimited shrimp deal Edge Star
- AstraZeneca to build USD1.5b drug plant in Singapore Edge Mail
- Bain Capital to boost Japan real estate team as prospects grow Edge
- VW, Renault end talks to develop affordable EV Star
Economy and market news
- Malaysia’s exports rebound slower than expected in Apr Edge Mail Star
- Short-term interbank rates end stable on BNM operations Mail
- New vehicle sales in Malaysia up 21% in Apr Mail Star
- Kenanga ups current account surplus forecast to 2.7% of GDP Mail
- Bearish CPO fundamentals likely to persist Star
- Copper hits record USD11k on bets of impending shortage Edge
- Forex stability is what Japan’s manufacturers want most Edge
- Japan’s rich will invest USD1.4t more by 2030 Edge
- Infrastructure will drive growth in Asia-Pacific Edge
- London is top in Europe for financial investors, Paris 2nd Edge
- Recessionary feel could be limiting air ticket price rises Mail
- US inflation fight will take further time Mail
- Thailand’s economic growth slows to 1.5% in 1Q Mail Star
- China’s housing rescue is too small to end crisis Star
- Indonesia govt to mandate only hydrogen vehicles in capital Star
- Jakarta to ease local content rule on RE projects Star
- Lithium miners shake up trading Star
Legal and policies
- Former Mara CEO ordered to pay RM3.4m for breach of duty Edge
- Ex-Nuveen trader gets 70 months for insider-trading scheme Edge
- Singapore’s MAS issues 5-year prohibition on ex-DBS rep Edge
- Moscow takes control over assets of Western companies Edge
- China bans some US firms from import, export activities Edge
- US investor Calvey’s Russian conviction wiped as probation expires Mail
- UK plagued by post-Brexit customs uncertainty Mail
