Capital markets news | Wed 22 Jan 2025
Equity
- Saliran, Malacca Securities sign ACE Market IPO underwriting Edge Star
- RichTech to raise RM20m in ACE Market IPO Edge NST Star
- Indonesian fish startup allegedly faked most of its sales Edge Yahoo
- South Korea seeks tougher delisting rules to remove zombie firms Edge
- BlackRock, Weinstein reach truce in feud over closed-end funds Edge
- Travel app Hopper eyes long-term IPO plan, USD10b valuation Edge Yahoo
- AI startup StackBlitz in fundraising talks for USD700m valuation Yahoo
- French buyout firm Ardian raised EUR3.2b for mid-cap growth fund Star
Debt and money markets
- Corporate bond issuance climbs in 2024 RAM Edge NST Star
- Private equity firms resort to debt if IPOs, sales don’t work Edge
- New World offers USD15b for loan collateral as stress grows Edge
- Toronto-Dominion Bank to sell USD9b mortgages to meet asset cap Yahoo
- Climate shift to help boost StanChart income by almost USD1b Yahoo
- France gets record demand for bond sale after long absence Edge
Digital assets
- SEC to formulate crypto regulatory framework Coindesk Cointelegraph Yahoo
- US hitting USD36t debt ceiling on Tue bodes well for crypto Coindesk
- Traders neutral as bitcoin nearly hits USD110k Cointelegraph
- Fake Trump and Melania tokens record USD4.8m inflows Cointelegraph
- Mark Cuban mulls memecoin to pay US debt Cointelegraph
- Trump’s embrace of meme coin sours mood in crypto industry Yahoo
- Cryptocurrency financial firm to plead guilty after novel FBI probe Yahoo
M&A and property
- YNH sells Aeon Manjung to Sunway REIT for RM138m Edge NST Star
- Mah Sing buys RM32m land for third project in Sentul Edge Star
- HSBC mulls selling consumer banking business in Australia Edge Star
- MrBeast joins new bid to buy TikTok Yahoo
- Crypto firm Circle buys USYC issuer Hashnote Coindesk
- US energy mergers may slow in 2025 as deal sizes shrink Yahoo
- French AI champion Mistral isn’t for sale Edge
- France’s Sequans acquires Zurich-based ACP Mail
- Swiss crypto firm Smart Valor being auctioned Coindesk
Malaysian financial market news
- Stanchart sees BNM maintaining OPR at 3% NST
- CEOs upbeat about economic growth, doubt companies’ long-term viability NST
- UOB cautiously optimistic about Malaysia’s 2025 external trade outlook NST
- Malaysia’s auto industry hits record 816,747 units in 2024 Mail NST Star
- Malaysia’s palm oil sustainability efforts lauded by EU NST
- 12 new airlines, 16 resumptions and 24 new destinations Mail NST Star
- FSBM and partners to launch AI-powered metal procurement platform Edge
Asian financial market news
- Jakarta still pursuing FTA with US under Trump Star
- Retaliatory tariffs against US could shave Asean+3 growth by up to 2% Edge
- China vice premier vows to import more after dodging US tariffs Edge
- China’s photovoltaic capacity forecast to grow 10% this year Star
- China’s solar, wind power installed capacity soars in 2024 Star
- Aramco CEO sees China oil demand driving growth Edge Yahoo
- UAE plans to invest USD1b in blue ammonia if Asia will buy Edge
Other financial market news
- US fiscal path unsustainable despite improved budget forecasts Yahoo
- US high growth is better than German low debt Star
- Trump pulls out of global corporate tax agreement NST
- Trump’s inflationary auto tariffs may not come to pass Yahoo
- US LNG projects boosted by Trump’s export permit restart Yahoo
- Reason tech leaders are bending to Trump Yahoo
- OpenAI, SoftBank, Oracle to invest USD500b in AI Yahoo
- Oracle rolls out AI agents for sales professionals Yahoo
- Scotiabank joins Wall Street-led exit of bankers’ climate club Star
- Sheinbaum kicks off Mexico nearshoring incentives with decree Edge
- Panama opens audit of Li Ka-shing-linked Chinese port operator Edge
- Bank of England likely to slow quantitative tightening Star
- German investor outlook sours as economy fails to gain momentum Edge
- European companies exposed as Trump takes aim at US offshore wind Yahoo
- Europe needs to act now on Draghi report Edge
- Europe gas gains as market mulls tightness against US LNG plan Edge