Capital markets news | Mon 10 Feb 2025
Equity
- Theta Edge places RM46m to Threadstone Edge NST
- EG Industries proposes 1-for-1 bonus issue Edge
- Winklevoss twins-backed crypto exchange Gemini weighs IPO Edge
- Anduril in talks for over USD28b valuation in new funding Yahoo
- Rapyd in talks to raise USD300m at USD3.5b valuation Yahoo
- Shein to slash valuation to USD50b in London IPO NST
- Startup Island valued at USD4.5b in Coatue-led round Yahoo
- Spain’s HBX to price EUR748m IPO at middle of range Edge
- Billionaire-backed P1 Ventures bets on Africa’s untapped markets Yahoo
Debt and money markets
- Sustained growth to cement Malaysia’s Islamic banking status NST
- MyGAS 2025 to focus on tackling financing challenges in gas industry Star
- SingTel secures USD476m green loan to develop data centre Edge
- Saudi Arabia’s Maaden issued USD1.25b sukuk for expansion Edge
- US may have less debt than thought because of fraud Yahoo
- Bond market gains fade as Trump, inflation keep yields elevated Yahoo
- BofA buys USD9b residential mortgage loan from Canada’s TD Yahoo
Digital assets
- Gold-backed tokens set to benefit Coindesk
- Solana’s SOL could hit USD520 by year end Coindesk
- Ether ready for bull run as price action mirrors Aug bottom Coindesk
- Brazilian stock exchange B3 launching crypto options, futures Coindesk
- US regulator’s tokenisation pilot to tap stablecoins as collateral Coindesk
- Quantum computing will bring lost bitcoin back in circulation Cointelegraph
- Bitcoin hinges on USD93k support, risks USD1.3b liquidation Cointelegraph
- Crypto VC mulls whether market is near the bottom Cointelegraph
M&A and property
- Sarawak govt’s acquisition of MASwings to be finalised on 12 Feb Edge
- Kinergy buys 47.5% of power plant operator Jati Cakerawala Edge NST Star
- Teladan Setia cancels RM48.54m Melaka land purchase Edge
- NPC Resources co-founder offers RM2.82 to privatise Edge NST Star
- YNH’s sale of AEON Seri Manjung subject to shareholders’ approval Edge
- Synchronisation of takeover rules needed Star
- L&G to sell US insurance arm to Japan’s Meiji in USD2.3b deal Edge
- Musk not interested in acquiring TikTok Edge Mail Yahoo
- Nippon Steel will invest in US Steel, not buy it Edge
Malaysian financial market news
- BNM’s international reserves rise to USD116.4b Star
- Industrial production index up 4.6% in Dec Edge Mail Star
- Trade growth to stay above RM2t Star
- FDI forecast to remain robust Star
- Malaysia initiates anti-dumping probe on galvanised steel coils, sheets Star
- Claims of AI chip smuggling to China refuted Edge
- Tender for 2,000MW LSS6 and BESS to be opened Edge
- Proposed HSR revival enhances KL-Singapore land connectivity NST
Other financial market news
- Trump to announce reciprocal tariffs on many countries this week Edge Mail
- Trump to unveil 25% steel, aluminium tariffs today Yahoo
- Trump pauses de minimis repeal as packages pile up at US customs Yahoo
- Amazon cannot keep up with AI demand Edge
- Apple’s dilemma in UK over encryption alarms privacy experts Edge
- Macron signals EUR109b investments in French AI by private sector Edge Yahoo
- Iliad to invest USD3.1b to boost AI infrastructure in Europe Yahoo
- Europol urges banks to protect against quantum computing threats Mail
