Capital markets news | Fri 21 Feb 2025
Equity
- ES Sunlogy ends flat at 30 sen on ACE Market debut Edge NST Star
- Singapore’s Abaxx Exchange plans gold futures as metal surges Edge
- Hedge funds tailor win-win bets on China Edge
- Morgan Stanley drops bearish Chinese stocks call, lifts target by 22% Edge
- China ETFs draw bullish options bets on AI play and eased tariff fears Edge
- DeepSeek’s outside funding draws local investors, state funds Edge
- DeepSeek rally helps Chinese tech firms raise more funds Yahoo
- Startup Together AI raises USD305m at USD3.3b valuation Yahoo
- AI startup Mercor raises USD100m at USD2b valuation Yahoo
- AI startup CTGT raised USD7.2m Yahoo
- Autonomous driving startup Waabi raised USD280m Yahoo
- Rio Tinto opposes bid to cut London listing Edge NST Star
- Gold scales new high on Trump tariff concerns Edge Star Yahoo
Debt and money markets
- Narrowing 10-year UST-MGS spread should boost MGS appeal RAM
- Top Glove’s RM3b sukuk assigned AA-(cg), A(cg) final ratings MARC
- Norinchukin warns of USD12b loss on bonds, replaces CEO Edge
- Citi India plans to buy USD1b asset-backed securities Star
- Strategy prices USD2b 0% convertible 5-year senior notes Coindesk
- Suriname’s Staatsolie needs USD1.5b financing for project Yahoo
- Apollo, HPS join KKR in GBP1.3b Constellation debt deal Edge
Digital assets
- Trump crypto push forces world to embrace digital assets Coindesk
- Bitcoin boosted by dovish comments from Fed’s Bostic Coindesk
- Montana is 4th US state to advance bitcoin reserve bill Cointelegraph
- New SEC unit closes chapter on crypto enforcement emphasis Coindesk
- SEC acknowledges slew of crypto ETF filings Cointelegraph
- US stablecoin adoption hindered by lack of regulation Coindesk
- Ethereum co-founder disappointed with blockchain casinos Coindesk
- Coinbase launches CFTC-regulated SOL futures in US Cointelegraph
- Pi’s token debuts at USD195b value despite illiquidity Coindesk
- Nigeria sues Binance for USD81.5b in economic losses, back tax Edge NST
Malaysian financial market news
- Export growth decelerates, trade surplus shrinks sharply in Jan Edge Mail Star
- Trump’s 25% tariffs pose challenge Edge
- Labour productivity per hour rises 1.4% to RM44.20 in 4Q Mail NST
- Property prices to increase 2-5% this year Edge
- Moratorium on iron and steel sector extended Mail Star
- Global demand for gloves to remain challenging Star
- New LSS projects to fuel RM18b contracts NST
- The govt’s AI adoption strategy Star
- Perlis eyes growth via inland port, riding Penang’s E&E wave Edge Mail NST
- KL-Karak Highway widening project to begin end-Feb Edge
- Battery maker Gold Peak to invest RM664m in economic zone Star
- Yinson completes FPSO ahead of schedule, first oil in Aug Edge
Asian financial market news
- SingPost announces workforce reductions Edge Star
- Thailand’s industrial confidence hits 10-month high in Jan Mail
- Indonesia’s current account deficit widened to 0.6% of GDP in 2024 NST
- US manufacturers to lay off Vietnam workers if Trump imposes tariffs Edge
- China leaves benchmark lending rates unchanged as expected in Feb Star
- Most metals climb as Trump signals new trade deal with China Edge
- Beijing urges mutual respect on US-China trade tensions Mail
- PC industry recovery pushes Lenovo’s 3Q revenue up 20% Edge NST Yahoo
- Food inflation becoming harder for Bank of Japan to ignore Star
Other financial market news
- Australian bank stocks lose USD26b on profit margin concerns Edge
- Tycoon Gupta’s steelworks ops forced into administration Star
- Fed’s Musalem urges caution before further rate adjustments Yahoo
- Musk is thinking of auditing the Fed Yahoo
- DOGE claims billions in savings doesn’t add up Star
- What the 5-year breakeven inflation is signalling Yahoo
- CEO confidence hits 3-year high Yahoo
- Microsoft debuts generative AI that can create video-game scenes Edge
- Apple reveals first modem chip, shifting away from Qualcomm Edge
- Trump hints at possible China trade deal amid tariff threats Mail
- Trump’s tariffs on cars, chips, pharmaceuticals sooner than expected NST
- Trump adds lumber to list of goods facing tariffs NST Star
- US oil, biofuel groups urge Trump EPA to boost biofuel mandates Yahoo
- US refiners mull switch to alternative lighter crudes Yahoo
- Exxon, SLB flag interest in lithium projects in Chile Edge
- Finance bosses press UK’s Reeves to ease investment taxes Edge
- Lloyds sets aside GBP700m more for motor finance saga Edge
- STMicroelectronics to launch data centre photonics chip Edge Yahoo
- Repsol cuts green hydrogen target by as much as 63% Yahoo
- EU approves EUR920m German aid for Infineon chips plant Edge
- Europe set to simplify corporate regulation Yahoo
- EU trade chief says ready to work with US on lower tariffs Edge
- Will Western companies return to Russia? Edge Mail Star
