Capital markets news | Wed 23 Oct 2024
Equity and property markets
- Main Market-bound Life Water launches IPO to raise RM82m Edge NST Star
- Teo Seng proposes 1-for-1 bonus issue as share price hits new peak Edge
- Green Ocean proposes RM92.5m share capital reduction Edge Star
- Great Eastern has until Jan 2025 to comply with free float rule Edge
- Temasek favours firms with clear green goals Star
- Horizon Robotics raises USD696m in Hong Kong IPO Edge
- Hyundai Motor India’s shares decline in debut after record IPO Edge
Debt and money markets
- Sunway REIT debuts RM500m NC5, NC7 perpetual securities Star
- Exim Bank gives Rohas unit USD19.97m for Cambodia’s telco towers Star
- UOB issues CNY5b 3-year panda bonds Edge
- Pimco says favouring world’s riskiest bonds is a loser’s game Edge
- UK to give Ukraine GBP2.3b loan using frozen Russian assets Star
Digital assets market
- Bitcoin options traders betting on USD80k Edge
Mergers and acquisitions
- Ge-Shen shareholders approve EMS firm stake buy Edge Star
- Merger of BPMB, Exim Bank, SME Bank still ongoing Edge
- Petronas could sell Gentari minority stake to expand business Edge Star
- Adani conglomerate buys Orient Cement for USD963m Edge
- Wendel buys majority stake in US private credit manager Monroe Edge
Malaysian economy and market news
Foreign projects and business
- Singapore approves Sun Cable’s energy import from Australia Star
- TSMC told US of chip in Huawei device after TechInsights finding Edge
- Allianz considering ending decades-old insurance JVs with Bajaj Edge
- Qualcomm unveils smartphone chip in shift to own designs Edge NST
- Norway wealth fund posts USD76b profit in 3Q Edge
Foreign economy and market news
- Indonesia’s Aug palm oil exports up 15% NST
- Nvidia is planning to invest in Thailand Edge Star
- Thailand’s BBB+ rating could be downgraded Star
- Draft law calls for Vietnam govt monopoly of nuclear power Star
- US in talks with Southeast Asian nations to deploy small nuclear reactors Edge
- Southeast Asia’s critical role in future of energy Star
- Japan’s election outcome likely to muddle BOJ plans Star
- India’s main challenge is skills gap for young Edge
- US extends 25% semiconductor tax credit to chip and solar wafers Edge
- Federal Reserve policymakers favour more rate cuts, but differ on pace Star
- Mexico’s new government mulls tax incentives to lure foreign companies Edge
- UK water companies will be allowed to invest billions more Edge
- UK’s Reeves mulls Amazon tax hike to aid bricks-and-mortar stores Edge
- Global markets might be underestimating geopolitical risks Edge
