Capital markets news | Thu 23 Jan 2025
Equity
- Northern Solar’s IPO oversubscribed 73.2 times Edge Star
- TechStore sets ACE Market IPO price at 20 sen Edge Star
- Sunway shortlists bankers for healthcare unit IPO Edge NST Star
- CPO futures close lower on concerns over weakening India demand Edge
- China eases rules for long-term funds to boost stock market Edge
- Indian stock exodus balloons to USD5b on downbeat profits Edge
- NYSE president Martin says more companies are pursuing US IPOs Edge
- Google to invest fresh USD1b in OpenAI rival Anthropic Edge NST Yahoo
- LNG exporter Venture Global cuts US IPO valuation to USD65.3b Yahoo
- Commercial space station developer Voyager files for IPO Yahoo
- Smithfield Foods seeks USD10.7b IPO valuation Star
- CEO of Norway’s USD1.8t fund sees contrarian bet in US tech Edge Yahoo
- Private equity mega-exits more valuable amid slow investor payouts Yahoo
- QIA sees Trump spurring US tech deals boom Yahoo
- Top Wall Street banks rake in ECM revenue Star
- Northvolt yet to get commitments from investors as cash runs low Yahoo
- XTX to build EUR1b AI data centre in Finland to support trading Yahoo
Debt and money markets
Digital assets
- StashAway offers crypto ETFs for its customers Star
- Crypto bet big on Trump in 2024 Edge
- Crypto fears ease in Asia as officials aim to keep up with Trump Edge
- XRP, SOL prices jumped after report of CME futures addition Coindesk
- CME bitcoin options most bullish since US election Coindesk
- Bitcoin mining economics stable, profitable in 2025 Coindesk
- Bitcoin can hit USD700k amid currency debasement fears Cointelegraph
- El Salvador buys another 12 bitcoin for country’s reserve Cointelegraph
- Jupiter to issue USD612m JUP tokens in Wed airdrop Coindesk
- Trump coin’s biggest critics are crypto industry insiders Coindesk
- Solana validators made USD25m in fees on Trump, Melania memecoins Coindesk
- Crypto’s janky user experience problem solved Cointelegraph
- US court overturns Tornado Cash sanctions in pivotal case for crypto Cointelegraph
- Trump pardons Silk Road creator Ross Ulbricht Cointelegraph
M&A and property
- CapitaLand Malaysia Trust pursues industrial, logistic assets Edge Star
- SC denies Jentayu’s extension for RE firm acquisitions Edge
- GDA in full compliance with SC rules on MAHB takeover Edge Mail NST Star
- Trump is open to Elon Musk or Larry Ellison purchasing TikTok Edge Yahoo
- Saudi prince’s investment firm keen on TikTok if Musk, others buy it Edge
Malaysian financial market news
- BNM’s maintains OPR at 3% Edge Mail NST Star
- Inflation eases to 1.7% in Dec 2024 Mail Star
- BNM’s international reserves USD115.5b at 15 Jan Star
- Vistage-MIER CEO confidence index dips to 113.0 in 4Q2024 Edge
- Khazanah rebalancing portfolio to invest more in developed markets Mail
- Industrial subsector to continue strong performance Edge
- Malaysia should utilise FTAs to promote palm oil globally Star
- Penang International Airport tourist arrival from India up 51.43% Edge
- Construction of ECRL in Terengganu fastest, achieves 90% completion Edge
- Power Root sued by Exim Bank over insurance claim payout Edge
Asian financial market news
- Singapore’s Changi Airport handled 67.7m passengers in 2024 Edge
- Indonesia fines Google USD12.4m for unfair business practices Edge
- TikTok owner ByteDance plans to spend USD12b on AI chips in 2025 Edge
- China’s energy industry to witness boom times Star
- Japan courts dual-use technologies to boost military expansion Mail
- Japan kicks off spring wage talks, smaller firms in focus NST
- India’s rice exports defy curbs in 2024 with record basmati shipments Mail
- Moody’s sees Trump’s tariffs to peak by end-2025 Star
Other financial market news
- New Zealand 4Q inflation at 2.2% Star
- US dollar to strengthen over the year Edge
- Trump announces USD500b AI infrastructure investment Edge Mail Yahoo
- Why Trump’s AI Stargate plan faces funding questions Yahoo
- Microsoft relaxes grip on OpenAI amid USD500b joint venture Edge NST Yahoo
- KKR combines USD157b infrastructure, real estate businesses Yahoo
- What US manufacturers want from Trump Yahoo
- Trump pledges EU tariffs, threatens 10% duty on China imports by 1 Feb Mail
- 25% tariff on China would be a pressure point Yahoo
- US and China should figure out how to coexist Yahoo
- Tariff threat unleashes flood of Canadian oil heading to US Edge
- Amazon to close warehouses in Quebec, slashing 1,900 jobs Edge
- Swiss National Bank will not avoid intervention because of Trump Edge
- Fugitive banker may be helping Russian firms beat US sanctions Edge
