Capital markets news | Wed 11 Dec 2024
Equity
- SumiSaujana gets Bursa’s nod for ACE Market listing NST Star
- PMCK eyes listing on ACE Market Star
- Ageson to trade as TXCD from 13 Dec Star
- Kenanga’s Eq8, Yayasan Waqaf debut waqf-featured ETF Edge NST Star
- MIDF projects KLCI to hit 1,800 by end-2025 Edge
- South Korean authorities to respond to market volatility Edge
- Talabat drops in Dubai debut after Gulf’s biggest 2024 IPO Edge
- Why technology has enhanced, not replaced, financial advisers Yahoo
Digital assets
- Crypto volatility picks up as Trump-fuelled rally starts to fray Edge
- Magic Eden’s USD5b token airdrop raises security questions Coindesk
- NY regulator approves Ripple’s RLUSD stablecoin Cointelegraph
- Microsoft shareholders vote against bitcoin reserve Coindesk Cointelegraph Yahoo
- Threat of quantum computing on bitcoin’s cryptography Coindesk Cointelegraph
- El Salvador, Argentina agree to develop crypto Coindesk
- ETFs now hold more bitcoin than founder Yahoo
M&A and property
- Gamuda buys 20% of Cloud Space for RM18m Edge NST Star
- Sapura Energy completes RM3.3b SapuraOMV divestment Edge NST Star
- PGF buys Kulim Hi-Tech Park land for RM600m GDV project Edge Star
- Power Root buys land in Johor for RM20m Edge Star
- Prudential considering selling Eastspring stake Edge
- Affin Bank on the hunt for M&A opportunities Edge
- CIMB, OCBC vying for Indonesia’s Panin Bank Edge NST Star
- Japan’s megabanks are flush with cash and hunting overseas deals Edge
- Gold miner Newmont plans to merge businesses Edge
- Court blocks Kroger’s USD24.6b Albertsons deal Yahoo
- US offers minimum acreage at Alaska oil and gas auction Star
Malaysian financial market news
- PPB unit to file judicial review against MyCC’s RM43m penalty Edge
- System to standardise private healthcare costs to be launched Edge
- Malaysia is preferred hub for medical device manufacturers Edge
- China’s ZTE to invest RM200m in Malaysia innovation centres Edge
- Mining, quarrying tops gains in mean salaries in 2023 Edge
- Salaries in Malaysia to rise 5% across all industries in 2025 Edge NST
- Labour market looks set for a strong 2025 Star
- Malaysian professionals among lowest paid in the region NST
- Dewan Rakyat defers MCMC amendment bill Edge
- Malaysia’s Oct IPI up 2.1% Star
Asian financial market news
- Singapore semiconductor sector troubled by widening US curbs Star
- Singapore employers upbeat about hiring in 2025 Star
- Indonesia looks to foreign builders for housing needs Star
- Few Vietnam firms ready for carbon reporting Star
- Philippines inflation steady until 2026 Star
- Japan manufacturers’ mood turns negative Yahoo
Other financial market news
- Reserve Bank of Australia kept cash rate unchanged at 4.35% Star
- Australia’s business confidence slumps in bad omen for economy Edge
- Big banks find many reasons to be optimistic about 2025 Yahoo
- The Fed’s issue with inflation points to gradual rate cuts Yahoo
- Google’s biggest bet is AI for search Yahoo
- BlackRock sees investor shift from cash after even modest rate cuts Yahoo
- US small-business optimism soars to 3-year high after Trump win Edge
- US State Department announced new sanctions over corruption Edge
- Trump names Andrew Ferguson for Federal Trade Commission Yahoo
- Canada will respond if Trump imposes tariffs Edge
- BMW sees flat Mexico sales on Trump tariffs, peso weakness Edge Star
- UK companies call for inclusion in trade talks amid tariff threats Star
- Stellantis, China’s CATL to invest USD4.33b in Spain EV battery factory Edge
- German engineering body sees fall in 2025 production Edge
- IATA investigates anti-competition practices among aviation partmakers Edge
- Global airlines expect record passengers flows next year Edge Star
