Capital markets news | Fri 25 Oct 2024
Digital assets market
- N/A
Mergers and acquisitions
Malaysian projects and business
- MKS Instruments investing USD100m in Penang factory Edge Star
- AirAsia X’s 3Q passenger traffic up 34% Edge Star
- SC Estate Builder aborts RM4.3m job with Merchant Esteem Edge
- AWC bags RM9.4m job for immigration complex in Sungai Melaka Edge Star
- KL Sentral’s RM1b redevelopment to begin next year NST
- Perak Transit bags project to develop Kota Bharu Sentral Edge
Malaysian economy and market news
- Optimistic economic outlook for 2025 amid policy challenges Edge
- Malaysia’s consumer sector poised for growth with Budget 2025 Edge NST Star
- Allianz expects Malaysia’s GDP growth to slow to 4.2% in 2025 Edge
- Malaysia’s inflation rate 1.8% in Sep, lower than expected Star
- Allianz sees Malaysia’s inflation rising to 2.9% in 2025 Edge Star
- Carbon tax crucial for fair competition amid EU carbon tariff Edge Star
- Steady growth, political stability pave the way for critical reforms Edge Star
- Govt to prioritise ringgit use in international settlements Edge NST Star
- JBIC to attract high-quality investments from Japan Edge Star
- Iskandar Malaysia gets RM40.3b committed investments in 9M2024 Star
- Malaysia officially added as BRICS partner country Star
Foreign projects and business
- Singapore clears USD24b link to Australian solar Edge
- Singapore’s Keppel to expand data centre capacity amid AI boom NST
- Sands’ Singapore casino expansion cost to double to USD8b Edge
- China’s CATL unveils new battery for extended-range hybrids Edge
- Bosch opens 2 NEV-related plants in China Star
- Nvidia supplier SK Hynix sees no AI chip oversupply Edge
- Reliance’s data centre in India to use latest Nvidia Blackwell chips Edge
- KKR’s quarterly profit soars on record-high fee income Edge
- Deloitte cuts 250 UK jobs amid slowdown for consulting giants NST
- AI push sees Intesa axing 9k jobs in generational shift Edge NST
- Air-taxi maker Lilium plummets after insolvency warning Edge
Foreign economy and market news
- Singapore inflation seen at 2% despite Sep rise Star
- Thailand’s travelling tax to start from mid-2025 Star
- Bank of Thailand chief not rushing for another rate cut Star
- BSP easing to perk up Philippine private investment Star
- China making great strides in green energy Star
- China think tank, Greenpeace call for Sino-EU green collaboration Star
- South Korea’s economy grew 0.1% in 3Q as exports down 0.4% Star
- Australia’s top pension funds to add billions in private assets Edge Star
- Global wind power to rule electricity market Star
Legal and policies
- Proposed digital trust and data safety commission in 1H2025 Star
- 400 Chinese investors demand RM170m in class action against MBI Edge
- Capital A on last leg of journey to exit PN17 with capital reduction plan Edge
- Rexit major shareholders jailed in Singapore for illegally obtaining data Edge Star
- China’s Hesai proceeds with US lawsuit after reinstatement to blacklist Edge
- Intel wins EU court fight in EUR1.06b antitrust battle Edge
- US fines Apple, Goldman Sachs USD89m for lying to Apple Card users Mail
- UK to ban disposable vapes from next year to crack down on teen use Edge
- LinkedIn fined EUR310m for illegal data practices in EU Edge
