Capital markets news | Mon 25 Nov 2024
Equity
- Hong Kong’s Unity pursues secondary listing on Bursa Edge Star
- Sarawak Plantation pays 15 sen dividend Edge
- Bintulu Port pays 3 sen dividend Edge
- D&O pays 0.3 sen dividend Edge
- Related-party transaction hits DXN Star
- Kioxia’s market value set at USD4.9b in IPO Edge
- India watchdog investigating if Adani flouted disclosure rules Edge
- Amazon invests USD4b more in AI firm Anthropic Edge
Debt and money markets
- Pac Lease’s AA, MARC-1 ratings affirmed MARC
- MAHB’s sukuk oversubscribed 3 times NST Star
- Chin Hin establishes RM500m perpetual notes programme Edge NST
- RHB, CGC sign RM400m portfolio guarantee to support SMEs NST Star
- Global banks to halt fresh credit to India’s Adani Edge
- Goldman, Morgan Stanley, BofA ask buyers to disclose leverage Edge
- America’s USD7t in money market funds isn’t going anywhere NST
- Sweden’s Northvolt needs USD1.2b to stay afloat Edge
- Germany faces high corporate default risk in 2025 Edge
Digital assets
- Bitcoin at record highs, sets sights on USD100k Star
- Cboe to launch cash-settled Bitcoin ETF options Edge
- CFTC advisers recommend use of tokenised assets as collateral Edge
- Crypto industry jockeys for seats at Trump’s promised council NST
- Intelligent Alpha’s AIs predict bitcoin hitting USD140k Coindesk
- Australia setting reporting standard for crypto transactions Cointelegraph
- Reserve Bank of India expanding cross-border payments platform Cointelegraph
- Tether mints USD3b more USDt stablecoins Cointelegraph
M&A and property
- Affinity in talks to buy Malaysian seafood supplier Golden Fresh Edge Star
- All sails set for MISC-Bumi Armada merger Star
- Lagenda secures Kota Tinggi develop rights for RM99.62m Edge
- Icon Offshore signs definitive agreements for RM400m acquisitions Edge NST Star
- Kumpulan H&L, Prosperous Plantation to merge estates NST
- Tex Cycle eyes M&A, ESG market expansion Star
- Seven & i founding family sounded out KKR, others about buyout Edge
- Couche-Tard chairman says no hostile takeover bid for Seven & i Edge
- Lattice Semiconductor mulling offer for Intel’s Altera unit Edge
Malaysian financial market news
- KWAP pushes for thoughtful reform amid growing charges Edge
- UAE’s Bin Zayed commits USD2b investment in Malaysia Edge Mail NST
- Oct inflation rate 1.9% Mail Star
- BNM international reserves up at USD118b Star
- RM4.3t capital markets larger than banking assets NST
- No immediate need for KL-Singapore HSR amid fiscal constraints NST
- Sarawak targets more floating solar for its hydroelectric dams Star
Other financial market news
- Singapore 3Q GDP up 5.4%, 2024 forecast raised to 3.5% Star
- State-owned PLN to add 47GW renewables by 2034 Star
- BP, partners to invest USD7b in Papua carbon capture project NST
- Nissan to cut or transfer 1k jobs in Thailand Edge
- China tests investors’ patience Star
- Japan government to approve USD140b stimulus NST
- Australia’s senate opposed fining tech giants for misinformation Mail
- US business activity gauge rises to 31-month high in Nov Edge
- US national debt service poses risk for growth and inflation Yahoo
- US agency to review undersea telecom-cable rules Edge
- Germany’s Merkel laments influence of big business on Trump Edge
- Trump picks hedge fund manager for Treasury Secretary Coindesk
- OpenAI considers taking on Google with browser Edge
- Apple, Google risk UK probe over mobile browser dominance Edge
- Thales denies wrongdoing in Anglo-French bribery probe Edge
- Mercedes plans to cut costs by several billion euros per year Edge
- Bosch to axe 5,550 jobs NST
- European car sales flat in Oct, EVs gain ground Edge
- COP29 agrees on USD300b on annual climate finance Edge Mail
