Capital markets news | Wed 12 Feb 2025
Equity
- Colform up 11% in ACE Market debut Edge NST Star
- ES Sunlogy’s ACE Market IPO oversubscribed 60 times Edge Star
- Pantech prices Main Market IPO at 68 sen Edge NST
- Insights Analytics files draft prospectus for ACE Market IPO Edge Star
- Haos eyes export market, aims for Bursa listing in 2028 NST
- Foreign investors net sold RM169.4m last week Edge NST Star
- EPF poised to declare 6.2% dividends for 2024 NST
- Fajarbaru raises stake in Australian firm for RM7.14m NST Star
- Maharlika, CP Group in USD100m PE fund tie-up Star
- China bubble tea maker Guming raises USD232m in IPO Edge
- China’s Mixue to raise USD500m in Hong Kong IPO in Feb Star
- CATL to file USD5b Hong Kong listing Star
- Billionaire investor Tepper raises China bet Star
- HSBC acquitted of violating South Korea’s short selling rules Edge Star
- Indian market braces for expiry of USD4b of IPO lockups Edge
- Pimco seeks to grow 60/40 fund to USD2b on Asia expansion Edge
- Big US banks plot future in bet on IPO boom Star
- Crypto custody firm BitGo mulling IPO this year Coindesk Yahoo
- DeFi platform Legend raises USD15m from a16z and Coinbase Yahoo
- Stripe in talks for staff share sales at USD85b value Yahoo
- Cybereason CEO sues Mnuchin, SoftBank fund over funding plan Yahoo
- Bank of England sees multi-manager hedge funds posing risks Yahoo
- Gold soars to record high as investors weigh Trump’s tariff moves Mail Star
Debt and money markets
- Trusmadi Capital’s Issue 2 assigned preliminary ratings MARC
- SME Bank approved RM3.6b funding in 2024 Edge NST Star
- Solid demand for IILM sukuk may compel programme upsize Edge
- SoftBank weighs debt-heavy financing in USD500b AI push Edge Star Yahoo
- Citigroup targets social finance deals in Asia as demand grows Edge Star
- Morgan Stanley puts USD3b aside for X loan to tap Musk mania Star
Digital assets
- Fed’s Powell worried about debanking that strained US crypto Coindesk
- Crypto industry gets chance to make its case to US Congress Coindesk
- Hedge funds are short Ether CME futures Coindesk
- Solana DEX volume tops USD60m, double Ethereum’s Coindesk
- Solana will be a trillion-dollar asset Cointelegraph
- Crypto’s DeFAI sector is down 80% Cointelegraph
- SEC is waiting for chair before setting crypto agenda Cointelegraph
- UK landfill site containing USD768m bitcoin hard drive to close Cointelegraph
- Ether issuance will decrease, bitcoin limited by supply cap Cointelegraph
- African video flagged suspicious as token hits USD527m Cointelegraph
M&A and property
- Singapore’s Cuscaden to privatise Paragon REIT at 98 cents Edge Star
- Musk-led group makes USD97.4b bid for control of OpenAI Edge Mail Star Yahoo
- OpenAI board will turn down Musk’s USD97b offer Mail
- Nippon Steel considering revision to US Steel buyout Edge
- Columbus to buy Kito Crosby from KKR Star
- Elliott pushes for Phillips 66 to sell midstream business Yahoo
- Germany’s Merck in advanced talks to buy US biotech firm SpringWorks Yahoo
- Hyatt to acquire Playa Hotels for USD2.6b Edge
- Swiss Novartis buys Blackstone’s Anthos for USD3.1b Yahoo
Malaysian financial market news
- Experts upbeat about resilient growth in 2025 Star
- Domestic demand likely to keep industrial growth on track Star
- FDI forecast to remain robust Star
- Unemployment hits decade low Star
- Construction work done value up 20.2% to RM158.8b Star
- New excise tax regulations for auto industry not decided yet Edge
- Water operators to assess data centres’ needs, secure alternative sources Edge
- Modest increase in Kuala Lumpur’s office occupancy and rental rates NST Star
- Malaysian firms urged to adapt to EU laws to stay competitive NST
- Digitalisation, deregulation to power our energy future Star
- End-Jan palm oil stocks hit 20-month low Star
- Sabah to become Southeast Asia’s energy hub with RM8.88b SOGIP project Star
- Sarawak scales up commercial green hydrogen production Star
- Sarawak’s billion ringgit water pipeline overhaul Star
Asian financial market news
- Deeper emission cuts in Singapore require new technology Star
- Singapore’s X0PA AI launches agentic AI suite for talent acquisition Mail
- Indonesia’s savings crunch may stall loan growth Star
- Should Indonesia withdraw from the Paris Agreement? Star
- Tariff threat puts Thailand, India at risk Star
- Increased EO data use to elevate Asean GDP by USD100b NST
- China’s restrictions on foreign capital to be lifted Star
- Temu overhauls supply chain after tariffs, risking price hikes Edge
- Hong Kong to file WTO complaint against US tariffs Mail
- China eats into share of Taiwan’s legacy chip industry Mail
- Taiwan plans to boost US LNG purchases to reduce trade surplus Edge
- Indian oil companies in talks to buy US LNG Yahoo
- India record tax cuts to lift growth marginally Star
- Bajaj earmarking USD1b for chain of hospitals Star
- Modi’s Washington visit aims to avert Trump tariffs Mail
- Citi bullish on Asia South, invests aggressively in it Edge
Other financial market news
- Australia passes tax incentives law for critical minerals Yahoo
- Trump’s acting CFPB chief cuts off funding, suspends oversight Cointelegraph
- Fed’s Powell adopting wait-and-see approach to policy risks Yahoo
- Jan CPI report to show headline inflation eased slightly Yahoo
- BlackRock, FDIC seek to end regulatory row over bank stakes Yahoo
- Meta starts eliminating jobs in shift to find AI talent Edge
- OpenAI set to finalise first custom chip design this year Edge
- Trump directs US Treasury to stop minting pennies Mail
- Trump raises tariffs on aluminium, steel imports to 25% Edge Mail NST
- EIA raises US oil production forecast for 2025 Yahoo
- US power use to reach record highs in 2025 and 2026 Yahoo
- Canada seeks stronger EU trade ties as threat of tariffs looms Star
- UK vacancies weakest since 2020 and pay growth cools Edge
- Bank of England’s Bailey wants to cut rates but markets have other ideas Star
- French AI startup Mistral to invest several billion in first data centre Mail
- Turkiye may pause rate cuts after inflation forecast Star
- Raising the stakes towards a trillion-dollar chip industry Edge
- Global electric vehicle sales up 18% in Jan Yahoo
