Capital markets news | Fri 24 Jan 2025
Equity
- Oriental Kopi almost doubles on ACE Market debut Edge Mail NST Star
- YTL Corp, YTL Power plan free warrants Edge NST Star
- China pushes insurers to invest billions to support market Edge Star
- IPO market set for gradual growth in 2025, no fireworks Yahoo
- Prosus CEO has USD20b, ready to spend in Europe Yahoo
Digital assets
- Property owners face millions in electricity bills over tenant’s bitcoin mining NST
- Trump’s executive order for crypto working group Edge Coindesk Cointelegraph Yahoo
- Crypto’s richest man turns VC firm into giant family office Edge
- Retail demand supports weaker markets Coindesk
- Bitcoin may hit record highs on more than 70 days this year Coindesk
- Key indicator of bitcoin’s 60-day price range is flashing green Coindesk
- Bitcoin chart shows diamond pattern with USD96k target Cointelegraph
- Bitcoin stays in USD100k-USD110k range until FOMC meeting Cointelegraph
- Morgan Stanley figuring out how to act as transactors of crypto Coindesk
- Ethereum layer-2 protocols achieve record transaction throughput Coindesk
- Crypto critic Elizabeth Warren probes Trump’s memecoin venture Coindesk
- Crypto exchange Phemex investigating USD29m hack reports Coindesk
- Ledger co-founder released days after being kidnapped in France Cointelegraph
- How to find new memecoins before they go viral Cointelegraph
M&A and property
- Furniture maker Rhong Khen gains RM16m from Vietnam unit sale Edge
- Econframe buys Ipoh-based wooden door maker for RM56m Edge Star
- Unitrade buys 51% of metal recycler Kien San for RM42m Edge Star
- KIP REIT unitholders approve RM98m industrial properties purchase Edge NST Star
- ConocoPhillips takes over as sole operator of gas project in Malaysia Yahoo
- SC keeps close watch amid public interest in MAHB takeover Edge NST Star
- China’s Vanke in talks to sell controlling stake in logistics firm to GIC Edge
- Morgan Stanley CEO sees comeback in M&A activity on horizon Edge
- TikTok deal could stop short of full US sale Edge Yahoo
- HongShan nears USD1.1b deal to acquire rock icon Marshall Yahoo
Malaysian financial market news
- Analysts predict OPR to stay 3% this year NST
- Inflation expected to rise by up to 2.8% in 2025 Star
- Economic growth in 2025 to be driven by domestic demand, investments Star
- Govt committed to policies to drive growth in key industries in 13MP Star
- CIMB expects country’s exports, imports to expand by over 5% NST
- Ex-unit trust employee charged with RM260k criminal breach of trust Edge
- Malaysian palm oil to trade around RM4k in 2025 Edge Star
Asian financial market news
- Singapore charges former director in record laundering case Edge
- Indonesia delays LNG exports to meet domestic consumption Edge
- Philippines’ BSP easing cycle seen extending until next year Star
- TikTok owner ByteDance plans USD20b capex in 2025 Edge Star
- China’s nuclear way to sustainability Star
- 51% of US firms in China fearful of trade turmoil NST
- Why Trump is courting South Korea for naval shipbuilding efforts Star
- Saudi Arabia faces investor doubts over big mining ambition Star
- Abu Dhabi’s MGX helps bankroll Trump’s USD100b AI plan Edge Yahoo
Other financial market news
- OpenAI, SoftBank each commit USD19b to Stargate Edge NST
- Stargate’s first data centre is size of Central Park, with 57 jobs Yahoo
- CNN to cut jobs by 6% amid digital push Edge
- New Fortress Energy signs gas supply agreement with Energiza Edge
- Trump to deal with de minimis exemption on import tariffs Mail
- Trump opens a divide between US and EU over Big Tech Yahoo
- Trump says we don’t need Canadian-built cars Yahoo
- Trump demands Fed cut rates, claims better monetary policy understanding Yahoo
- Frank founder forced to stand trial with ex-colleague Yahoo
- OpenAI releases AI agent that helps book flights, order food Yahoo
- Brazil in talks for beef shipments to Japan in threat to US Edge
- Argentina slashes export taxes to rescue drought-hit farmers Yahoo
- UK’s Sainsbury’s cuts 3k jobs amid challenging cost environment Edge
- Nearly half of Britons expect the economy to worsen Star
- Apple and Google hit by UK probe into mobile dominance Edge
- Adidas to axe up to 500 jobs at headquarters Edge
- Volkswagen sees EUR1.5b cost from EU emissions rules Edge
- German frontrunner Merz warns companies against China investment Edge
- Swiss National Bank can cut rates further or go negative Edge
- EU plans proposing extension of gas-storage goals to 2027 Edge
- EU to bet on AI, advanced research and clean tech Yahoo
- Solar overtakes coal in EU for first time in 2024 Star
- Humanoid robots may upend economy Yahoo
- Lithium demand to remain robust Star
