Capital markets news | Tue 14 Jan 2025
Equity
- Cheeding files draft prospectus for ACE Market IPO Edge
- A1 AK Koh files draft prospectus for ACE Market IPO Edge Star
- Harvest Miracle’s rights issue oversubscribed, raises RM98.43m Edge Star
- Yinson close to deal with investors for USD1b funding Edge Star
- Foreign funds net sold RM502.2m Malaysian equities Edge Star
- Outflow of foreign funds from local capital market likely to persist Star
- China’s CATL to pick banks for USD5b Hong Kong share sale Edge Yahoo
- Goldman strategists see Chinese stocks rising 20% in 2025 Edge
Debt and money markets
- Bank Simpanan Nasional’s AAA rating affirmed RAM
- Sapura Energy gets approval-in-principle for debt restructuring Edge NST Star
- Vietnam’s credit growth must align with risk controls to curb bad debt Star
- Philippines’ Nov loan growth at fastest pace in nearly 2 years Star
- China developer Sunac at risk again Edge
- 10-year US Treasury reaches 14-month high at 4.79% Yahoo
- Databricks gets USD5b private credit, bank funding Yahoo
- Global bond tantrum more worrying than ever Star
- Global sukuk outstanding to exceed USD1t by 2025 NST
Digital assets
- US Supreme Court rejects Binance’s bid to avoid crypto lawsuit Edge
- Bitcoin under pressure as Goldman trims Fed rate cut Coindesk
- US court demands SEC explain failure to clarify rules Coindesk Cointelegraph
- Altcoin market will see USD3b token unlock Coindesk
- Bitcoin mining is now 110.45t times harder than genesis block Coindesk
- Need for stronger regulation in DePIN Cointelegraph
M&A and property
- Sersol’s largest shareholder sells entire stake to ED Edge
- SMI takes SC to court over board appointments amid takeover bid Edge
- ADIA to play crucial role in MAHB transformation Edge Star
- MASwings SPA to be signed in Feb Edge NST
- Solarvest buys land for RE projects in Kedah for RM19.9m Edge Star
- Kimlun sells plantation land in Kota Tinggi for RM55m Edge Star
- Hextar Healthcare sells industrial land for RM11.9m Star
- Guan Chong buys 25% of Ivory Coast cocoa firm for RM130m Edge Star
- GSK buys US cancer biotech IDRx for USD1.15b Edge
- J&J in talks to buy USD10b biotech Intra-Cellular Edge Yahoo
- Japan PM Ishiba presses Biden on blocked Nippon Steel deal Mail
- Berlin considers full Uniper exit, targets deal after summer Yahoo
Malaysian financial market news
- Malaysia’s wholesale, retail trade growth slows to 4.7% Edge Star
- Economic growth expected to have slowed in 4Q Star
- BMI ups end-2025 ringgit forecast to RM4.40 Star
- Labour market steady even as youth joblessness elevated Edge
- CPO futures gain driven by stronger China vegetable oil market Edge
- Malaysia to position Pakistan as palm oil hub for Central Asia Edge
- Malaysia imposes anti-dumping duties on iron, steel imports Star
- FIMM reprimands 4 consultants for misconduct Edge
- Eden picked to develop 29.99MW solar plant in Kuantan Edge NST Star
- Gamuda gets first Penang LRT package worth RM8b Edge NST Star
- KAF Digital Bank approved to commence operations Edge
Asian financial market news
- Singapore blocks Polymarket, following Taiwan and France Coindesk
- Thailand’s cabinet approves draft law to legalise casinos and gambling NST
- China’s total exports up 7.1% to USD3.47t in 2024 Mail Star
- China boosts yuan support with warning, capital control tweaks Star
- Weaker won puts pressure on economy Star
- Pixxel to launch India’s first private satellite network, eyes USD19b market Edge
- US tariffs could propel regional integration in Asia Star
Other financial market news
- Australia consumer sentiment index dips 0.7% in Jan Yahoo
- Private hospital owner Prospect Medical files for bankruptcy Edge
- US bank regulator gives BlackRock Feb deadline on bank stakes Edge
- JPMorgan’s Dimon says tariffs can deal with competition, security issues Edge
- Robinhood to pay USD45m to settle SEC claims Yahoo
- Apple faces claims of making exorbitant profits in UK trial Edge Mail NST
- Large UK companies plan to cut hiring at fastest pace since pandemic Edge Star
- UK will explore nuclear power for new AI data centre plan Edge
- Starmer plans to unleash AI to position UK as global leader Mail
- Mason complains about Grifols’ transparency to Spanish regulator Yahoo
- Europe’s largest pension fund sold Tesla stake over Musk’s pay Edge
- Projected air travel growth runs counter to climate goals Edge
