Capital markets news | Thu 20 Feb 2025
Equity
- Saliran prices ACE Market IPO at 27 sen Edge NST Star
- Bursa approves EA Technique’s exit from PN17 status Edge Star
- M&A Value Partners, Century Eagle’s new fund aims 8% returns NST
- Singapore banks hand billions of surplus capital to investors Edge NST Star
- Thailand to curb short selling, high-speed trades amid selloff Edge
- India’s space regulator launches USD58m fund to boost startups Yahoo
- Australia’s Goodman to raise AUD4b for data centre growth Star
- X in talks to raise money at USD44b valuation Edge NST
- Ex-Intel executives raise USD21.5m for RISC-V chip startup Yahoo
- Verkada’s USD200m Series E values the company at USD4.5b Yahoo
- Bitcoin rewards app Fold volatile in Wall Street debut Coindesk
- Fund manager suggests covered calls to protect against downside Yahoo
- Glencore weighs becoming next commodity giant to quit London Edge
Digital assets
- Hong Kong issues 9 digital asset platform licences Edge
- Bitcoin could drop to USD86k as demand, network activity falter Coindesk
- Bitcoin bull market can survive USD77k price dip in 2025 Cointelegraph
- Bitcoin’s price movement looks very manufactured Cointelegraph
- Bitcoin could see a 2020-style crash soon Yahoo
- Crypto industry asks Congress to scrap IRS’s DeFi broker rule Coindesk
- SEC acknowledges Cboe’s request to list 21Shares XRP ETF Cointelegraph
- World Liberty Financial wants to make ICOs great again Cointelegraph
- Energy-backed currencies is key to climbing the Kardashev scale Cointelegraph
- Memecoin craze is over as crypto heads towards maturation Coindesk
- Regulators to blame for Libra memecoin scandal Cointelegraph
- Brazil set to launch world’s first spot XRP ETF Coindesk
- Czech National Bank won’t lump together bitcoin and crypto Coindesk
M&A and property
- Hektar REIT buys industrial asset in Penang for RM30m Edge NST Star
- Tex Cycle acquires 60% of Safety and Environmental Laboratory Star
- Artroniq sells Paklin Venture Capital for RM6.5m Star
- ITMAX executive director sells remaining 4.6% stake for RM174m Edge
- Yinson Production completes acquisition of Stella Maris CCS Edge
- Resonac explores deal structures for possible JSR takeover Yahoo
- Pokémon Go maker close to USD3.5b deal to sell games unit Edge Yahoo
- HP buys assets from Humane for USD116m Yahoo
- Herc’s surprise bid for H&E makes rival walk away Star
- Mitsui to buy USD5.3b stake in Rio Tinto iron ore project Edge
Malaysian financial market news
- SC partners with ICAEW to enhance capacity-building Star
- Govt unlikely to achieve 40% labour compensation target by 2025 Edge
- Govt reviewing electricity tariff adjustment for Kulim Hi-Tech Park Edge
- TVET graduates’ employability at 94.5% Edge
- Semantan Estate, govt appeals hearing to proceed today Edge
- Govt may let highway concessionaires issue RFP for MLFF Edge
- Final cost of Penang LRT yet to be determined Edge
- Penang Port’s cargo volume rises to 32.33m FWT in 2024 Mail
- Sim Leisure demands settlement talks with Bandar Malaysia Edge
Asian financial market news
- Indonesia central bank holds rates as expected Star
- Vietnam auto sector to see 25-30% EV growth Star
- China’s new home prices stagnate in Jan as demand struggles Star Yahoo
- China proposes new rules to tighten control over rare earth sector Edge
- China gives ex-ICBC banker death sentence with reprieve Edge
- Chinese lithium company halts tech exports as trade tensions build Edge
- Japan’s exports increase as Trump policies loom Star
- iPhone parts maker Murata eyes supply chain shifts toward India Yahoo
- US-sanctioned countries such as Iran leaning heavily into crypto Coindesk
- Asia-Pacific region GDP growth expected to slow to 3.7% Edge
Other financial market news
- Reserve Bank of New Zealand cuts rate by 50bp to 3.75% Edge Star
- Fed’s Bostic says rate cuts still possible in 2025 Yahoo
- Federal mortgage insurer to lay off about half its workforce Edge
- US SEC seeks India’s help in Adani fraud probe Edge
- US adds Tencent to Chinese military blacklist Edge
- Electric vehicle company Nikola filed for bankruptcy Edge
- Microsoft unveiled Majorana 1 quantum chip Yahoo
- DOGE’s biggest budget cuts Yahoo
- Trump threatens 25% tariff on cars, drugs and chips Mail Star
- Porsche, BMW need Germany to pivot for way out of crisis Edge
- Continental to cut further 3k R&D jobs in automotive branch Edge
- Italy’s Panetta says excessive regulation is risk for EU banks Edge
- Google pays EUR326m to settle alleged unpaid taxes in Italy Mail
- Russian wealth fund sees US companies returning in 2025 Yahoo
