Capital markets news | Fri 4 Oct 2024

Equity and property markets

  • DS Sigma gets nod for Main Market transfer Star
  • Harrisons proposes 1-to-5 share split Edge
  • China’s stock rally sucks money from rest of Asia Edge Star
  • Buffett targeting Japanese banks, insurers Edge
  • OpenAI asks investors to avoid 5 AI startups Edge
  • Shein to hold roadshows ahead of London IPO Edge
  • BMW rules out investing in new Northvolt funding round Edge

Debt and money markets

  • Tan Chong Motor’s sukuk rating downgraded to A MARC
  • Power Root’s RM500m sukuk programme assigned AA- final rating MARC
  • OpenAI gets USD4b in revolving credit Edge
  • Bonds slip as promise of 2nd big US Fed cut curbed Edge
  • PayPal completes 1st business transaction using stablecoin Edge
  • France to sell bonds as Barnier vows to fix finances Star
  • SWIFT to trial live digital currency transactions next year Edge

Mergers and acquisitions

  • Kuchai-Sg Bagan deal revised downwards to RM267.78m Edge Star
  • MPHB Capital’s privatisation hits stumbling block Edge
  • Atlan’s DFI get compulsory land acquisition for road project Edge Star
  • Gulf Energy, Intouch stock rallies put USD30b deal at risk Edge
  • Miami Dolphins owner nears selling of stakes to Ares, Joe Tsai Edge
  • Levi Strauss considers possible sale of Dockers brand Edge NST Star

Projects and business

  • JCorp launches container ops at Tanjung Langsat Port NST
  • Vietnam plans USD67b high-speed railway with no foreign capital Edge
  • Toyota to delay US EV production to 2026 amid slowing sales Edge

Economy and market news

  • Malaysia’s financial markets orderly amid 2024 global volatility Mail NST Star
  • Infrastructure contracts top RM50b for 1st time since 2016 Edge NST Star
  • Malaysia’s fiscal deficit to narrow to 3.8% of GDP by 2025 Mail Star
  • Tax revenue collections up 6-6.5% in 2025 NST
  • Palm oil windfall profit levy likely up in Budget 2025 NST
  • Malaysia’s PPI down 1.9% in 2023 Mail NST Star
  • Sarawak to consolidate investment arms, assets, businesses Edge Star
  • Johor records RM12.93b committed investments up to 2Q Mail
  • US services activity expands fastest since early 2023 Edge
  • Colombia seeks USD40b in sustainability investments Star
  • Restoring European competitiveness Star
  • Global passenger demand up 8.6% in Aug Edge
  • World Bank launches new business climate survey Edge

Legal and policies

  • Malaysian Palm Oil Council lauds EU deforestation law delay Mail NST
  • It’s now or never for GST NST
  • US SEC appeals decision restricting crypto oversight Edge NST
  • Citi settles unfair dismissal case with ex-Asia desk trader Edge
  • US labour board accuses Amazon of driver joint employment Edge
  • Europe’s global green wish pushes too hard Star

Similar Posts

Leave a Reply