Capital markets news | Thu 9 Jan 2025
Equity
- Swift Energy gains 41% at close of ACE Market debut Edge NST
- Pantech, Alliance ink underwriting agreement for Main Market IPO Edge Star
- Lim Seong Hai, Fibromat get Bursa nod for ACE Market transfer Edge Star
- MClean raises RM13m via private placement Star
- India markets regulator warns Ola Electric for disclosure lapses Edge Yahoo
Debt and money markets
- First Abu Dhabi Bank’s AAA rating affirmed RAM
- Al Rajhi Malaysia’s AA1 rating affirmed RAM
- Chinese money rushes offshore via Hong Kong bonds mutual funds Edge
- Trump spurs record USD26b bond flurry in emerging markets Yahoo
- Bonds flashing red, term premium at 10-year high Yahoo
- UK 10-year yields hit highest since 2008 as market rout deepens Edge
- Bond market in Europe sees more issuers than ever in single day Edge
Digital assets
- Bitcoin slips below USD93k in crypto selloff Coindesk
- Trump dump risks pulling bitcoin down to USD88k Cointelegraph
- KULR predicts USD200k bitcoin after buying USD97k dip Cointelegraph
- Nation-states, central banks expected to buy bitcoin in 2025 Coindesk
- US Fed money printing could spur bitcoin rally in 1Q Cointelegraph
- Dogecoin slumps 10%, USD560m long positions liquidated Coindesk
- XRP ETF could soon be a reality Coindesk
- HyperLiquid responds to scrutiny over lack of decentralisation Coindesk
- Investor ordered surrender crypto keys in landmark tax case Cointelegraph
- CFTC chair’s final message includes a call for crypto guardrails Cointelegraph
- Gensler says SEC has more work to do on crypto regulation Yahoo
M&A and property
- Consortium amasses 84% stake in MAHB Edge Mail NST Star
- Japan’s Seven & i deal related to national security Edge Mail NST Yahoo
- Lucky, Eddie Bauer, Forever 21 operator merges with JCPenney Yahoo
- Roche to complete USD1.5b acquisition of US biopharma Poseida Edge
- UK watchdog may accept remedies in USD35b Synopsys-Ansys deal Yahoo
- Thames Water seeks new bids from investors Star
- Brazilian airline Azul inching closer to merger with Gol Yahoo
Malaysian financial market news
- Malaysia’s economy to remain resilient in 2025 Edge Star
- BNM’s international reserves fell to USD116.2b in Dec Star
- Demand growth, new capacities to drive industrial sector Star
- Malaysia announces Johor-Singapore SEZ tax incentives Edge
- Smaller data centre players to face competitive pressures Edge
- Penang to kick off 6 water projects worth over RM1.8b Edge
- IGB-REIT gets RM264m revaluation surplus from Mid Valley, Gardens Star
- Annum replaces auditor who couldn’t vouch for financials Edge
Asian financial market news
- Slow payments rise for first time in 6 quarters in Singapore Star
- Micron to spend USD7b building Singapore memory chip plant Edge Yahoo
- Indonesia, Qatar investor sign deal to build 1m affordable homes Edge
- Indonesia curbs exports of used cooking oil, palm residue Edge
- MNCs seek Asean grants, tax rebates to circumvent GMT NST
- China boosts consumer subsidies, vows more funding to aid demand Yahoo
- Floating power generation station glows in massive China project Star
- Hong Kong banks hoard record piles of cash as economy sputters Edge
- Japan govt in push to decarbonise building sector Star
- Used solar panel disposal likely to become big problem in Japan Star
- Foxconn, Dixon urge India to pay pending production subsidies Yahoo
Other financial market news
- Australia’s key CPI gauge edges closer to target Star
- US dollar is priced to perfection, could move even higher Yahoo
- Biden to further limit Nvidia AI chip exports in final push Yahoo
- Tech group urges US to halt rule limiting global access to AI chips Edge
- If Trump goes big on tariffs, lawsuits are likely to follow Yahoo
- Fed’s Waller still sees rate cuts in 2025 despite Trump tariff talk Yahoo
- US oil imports from Canada hit record ahead of tariff threat Yahoo
- Rolls-Royce to invest USD376m in UK plant, focus on bespoke cars Star
- Renault slashes price of low-cost electric car as emissions rules tighten Edge
- Northvolt to keep operating while seeking financial rescue Edge Yahoo
- Volvo delays Swedish battery plant construction by 1-2 years Yahoo
- European wind stocks take beating after Trump calls turbines garbage Yahoo
- 78m jobs to be created by 2030, upskilling needed Mail NST
- Lithium market shows potential for recovery Star
