Capital markets news | Wed 14 Aug 2024
Equity and property markets
- Solar District Cooling’s ACE Market IPO underwritten by Mercury Edge NST Star
- Sik Cheong closed up 33% on listing day Edge NST Star
- Enest seeks transfer to ACE Market Edge
- Interest in IPOs likely to remain elevated Star
- FGV reaffirms bonus issue, awaiting government consent Edge
- Sunway joins MSCI Malaysia Index in Aug review Edge
- VC firm Antler closes USD72m fund for Southeast Asia start-ups Edge Star
- Thailand unveils USD4.3b initiative to support stock market Edge
- Covid-linked stocks back in play as Asia sees surge in cases Edge
- SoftBank-backed Brainbees surges 52% in Mumbai trading debut Edge
- India’s weight on key MSCI equity index rises to record high Star
- Investors reduced allocations to stocks, moved to cash in Aug Edge NST
Debt and money markets
- Paramount issues RM100m sustainability-linked sukuk Edge NST Star
- Edotco inks MOU with Boost for tower financing Edge NST Star
- AirAsia repaid half of RM300m loan from Sabah Development Bank Mail
- DBS launches treasury tokens with Ant International Edge
- TalkTalk owners provide new funds to push back maturities Edge
Projects and business
- Uzma’s LSS4 operations on hold pending EC licence approval Edge
- Uzma to launch earth observation satellite Edge Star
- Minetech gets RM37m Terengganu sewage upgrade project Edge NST Star
- Astro’s review of its offerings may reduce ARPU Edge NST
- MISC’s Mero-3 to achieve first oil in Sep Edge
- EPF distributable income up 29% in 1H to RM36.7b Edge Mail NST Star
- HSR – vanity project in vain Star
- A clever IC design bet Star
- Huawei readies new AI chip to challenge Nvidia in China Edge
- GM cuts China jobs as it resets in world’s biggest car market Edge
- Goldman investment arm joins firms quitting major climate club Edge
Economy and market news
- Malaysia’s 2Q GDP growth likely to surpass 6% Star
- Malaysia can safeguard global tech supply chains Edge NST Star
- Banks on track for solid growth in 2Q Star
- Fitch sees supportive operating environment for Malaysian banks Edge NST
- Most Malaysian software supply chains exposed to cyberattacks Mail NST
- CPO inventory levels expected to increase Star
- Singapore 2Q GDP up 2.9% Star
- New factory openings offset closures in Thailand Star
- US, Japan keen on Luzon projects as ties deepen Star
- Chinese copper fills warehouses abroad as demand weakens Edge
- Iron ore outlook dims as Beijing inventories and steel output fade Star
- Clean tech key to China’s carbon neutrality goal Star
- ECB rate cuts set to lift Germany’s slumping construction Star
- IEA maintains 2024 oil demand forecast and trims 2025 outlook Star
Legal and policies
- Indonesia eases import rules for solar power projects Star
- Thailand seeks to curb online sales as China dumping fears rise Edge
- India watchdog orders rare recall of Apple antitrust reports Edge Mail
- BHP workers go on strike at top copper mine Escondida after talks fail Edge
- Russia cancels banking licence of American Express subsidiary Edge
