Capital markets news | Mon 5 Aug 2024
Debt and money markets
- Perak Transit lodges RM1.5b sukuk with SC Edge Star
- Weakening US jobs market to bring down Malaysian bond yields NST
- Deutsche Bank is unloading USD1b in US real estate loans Edge
- Crypto booming again in New York as sentiment turns positive Edge
- Total global debt at USD315.1t record high in 1Q Star
- Investors start gaming out exit plan for global rate divergence Star
Projects and business
- Yinson still bold and hungry, unfazed by debt Edge
- Proton eyes end-2024 release of its 1st EV model Edge
- Binastra wins RM160m Damansara Perdana office construction Edge NST Star
- GX Bank’s users hit 750k within 8 months of debut Edge Mail NST Star
- Quek Leng Chan firms bid SGD473.55m for Singapore land NST
- Character.AI co-founders hired by Google in licensing deal Edge
- Nvidia’s new AI chip delayed due to design flaws Edge NST
- Intel to cut workforce by 15% Mail Star
Economy and market news
- Total industry volume to normalise in 2H Star
- Malaysia received 1.2m China visitors up to May Edge
- Malaysia to become leading healthcare destination by 2025 Edge
- PMI at 3-month low amid renewed moderation in new orders Star
- Malaysia’s economic snapshot 2023 Mail
- Johor-Singapore SEZ may become multi-growth story NST
- Higher prices in 2H to buoy glove manufacturers Star
- Xi’s letter to Hong Kong entrepreneurs is boost for city Edge
- Saudi fund’s multibillion-dollar bank deals deepen China pivot Edge
- India’s soy, palm oil imports in Jul biggest in a year Mail
- US investment banks make money from restructuring wave Edge
- US unemployment rate rises to 4.3%, potential recession Star
- EV transition puts 65k French car industry jobs at risk Mail
Legal and policies
- MACC nabs 3 over bribery to conceal call option agreement Edge
- HHRG sued by shareholders over share transfer fraud Edge
- CBAM should consider EU’s historical emissions Edge
- Companies Commission launches free e-book on integrity Mail
- Twistcode sues TM for reneging on RM42m JV NST
- Shanghai bourse’s vice general manager under investigation Edge
- Hong Kong hits AIA with record fine for anti-laundering lapses Edge
- Hyundai, Kia, Tata lobby against tax waivers for hybrid cars Mail
- Music labels’ AI lawsuits create copyright puzzle for US courts Edge
- US-based Venture seeks court order against disclosure Edge
- US launches antitrust probe into Nvidia over sales practices Edge
- US sues TikTok over privacy violations of children Mail
- Coca-Cola to appeal US tax court USD6b penalty NST
- Montenegro court rules Do Kwon to be extradited to South Korea Edge
- Oil settles at 8-month low after poor US job numbers Star
