Capital markets news | Mon 20 Jan 2025
Equity
- Malaysia back on EM investors’ radar on data centre, Johor story Edge
- Affin Hwang launches Malaysia’s first CPO futures structured warrant Edge
- U Mobile to launch second 5G network alone, IPO by year end Edge NST Star
- Fosun’s jewellery unit mulling second listing in Hong Kong Edge
- Honor CEO steps down in company’s buildup to IPO Edge
- KKR to invest in UAE’s Gulf Data Hub Yahoo
Debt and money markets
- Maybank Ageas’ AA1 corporate credit ratings affirmed RAM
- Country Garden to seek more time for debt talks in court hearing Edge
- Japan’s SMBC offers loans backed by chipmaking gear Nikkei
- Asia private credit funding hits 8-year low on China slump Edge
- Trump’s tariff threat sending junk debt market into panic mode Edge
- US Treasury prepares for measures to avoid debt default Mail
- Trump’s economic plans face highly unusual bond market Yahoo
Digital assets
- Malaysia’s crypto game NST
- Regulatory framework the priority for crypto industry Star
- Donald Trump’s official memecoin up 900% over past 24 hours Coindesk
- Coinbase, Binance to list Donald Trump’s official TRUMP token Coindesk
- Donald Trump’s memecoin drops 38% as Melania launches token Cointelegraph
- TRUMP targets USD100b market cap Cointelegraph
- Can Trump’s pro-crypto policies survive beyond his administration? Cointelegraph
- El Salvador’s extensive bitcoin education programme Coindesk
- Publicly traded US crypto miners double bitcoin holdings to 100k Coindesk
- Billionaires are selling Nvidia and buying bitcoin ETF Yahoo
- Ethereum developers finally schedule Pectra upgrade Coindesk
- Vitalik Buterin announces Ethereum Foundation leadership changes Cointelegraph
M&A and property
- JF Tech MD lifts Cosmos stake to 17.95% Edge
- Malaysian M&As continue to pick up speed Star
- KKR hires Goldman for stake sale in Philippine fintech Maya Edge
- Vietnam central bank orders 2 bank takeovers in system restructure NST
- Intel shares jump on report it’s an acquisition target Edge
- US FTC finalises consent order for USD53b Chevron-Hess merger Edge Yahoo
- Rio Tinto, Glencore discussed merger but talks no longer active Edge NST
- Lufthansa finalises deal for 41% stake in Italy’s ITA Airways Edge
- Commerzbank mulls job cuts to fend off UniCredit NST
Malaysian financial market news
- Labuan FSA promises action over fraud by licensed entity Edge Mail NST
- BNM, SC launch financial disputes centre for up to RM250k Edge NST Star
- SC launches social exchange pilot programme Edge Star
- Financial sector received 2.3m complaints over last 5 years Edge Mail
- Economy grew 4.8% in 4Q2024 Mail Star
- HLB forecasts economic growth at 4.5-5% in 2025 Edge
- Govt eyes anti-dumping reform to stem flood of Chinese goods Edge
- Govt calls for second LSS5 bid, targets 2GW Edge
- US trade war threatens demand for Malaysian chips Edge
- Suspension of bird’s nest exports to China lifted Edge Mail
- Preliminary data shows record vehicle sales in 2024 Star
- CAAM-Mavcom merger set for 2H Edge NST Star
- Prasarana’s 2024 public transport ridership up 24% Edge
- UEM Lestra to invest RM2.5b in Johor solar project Edge NST
- Sarawak Petchem breaks ground for green methanol plant Star
Asian financial market news
- Singapore dollar to weaken as MAS pivot comes into focus Edge
- Indonesia to offer carbon credit certificates to foreign buyers Edge
- Indonesia expects EU to adjust palm oil biofuel stance after EU ruling Edge
- China’s growth hits 5% Mail Star
- China hits back at US probe into maritime sector Mail
- China faces Trump’s return just as reliance on exports soars Yahoo
- China’s refining sector faces shakeout as fuel demand peaks Yahoo
- Hong Kong tycoon raising USD50m to boost city’s image Edge
- Japan companies preparing for Trump tariffs NST
- India to invest USD1.3b to revive ailing steelmaker Edge
- US speaks to India’s leaders on nuclear laws Star
Other financial market news
- Chinese hackers breach Treasury Department Mail
- Fed withdraws from global climate coalition Edge
- Citigroup axes more jobs as part of ongoing cost-cutting plan Edge NST
- Amex to pay USD230m to settle deceptive sales practices charges NST
- Bessent to focus on pro-growth fiscal policy Yahoo
- VIX, the market’s fear gauge Yahoo
- Trump and Powell could be on a collision course in 2025 Yahoo
- Trump’s immigration disruption will shake up the US economy Yahoo
- Biden’s Chips team hands off USD52b programme to Trump Yahoo
- US drillers cut oil and gas rigs to lowest since Dec 2021 Yahoo
- Canadian banks join US peers in quitting UN climate coalition Mail Star
- Canada warns of Trump tax as US tariffs threaten to ignite trade war Mail
- Argentina negotiating gas imports from Bolivia, Chile Yahoo
- BOE delays Basel bank rules by a year Edge NST
- Schroders to cut 3% of workforce Edge
- Dutch govt excludes ASML sales to China from dual use export data Edge
- ECB faces risks if it cuts too quickly or slowly Star
