Capital markets news | Tue 25 Feb 2025
Equity
- Pantech Global’s Main Market IPO oversubscribed 44.93 times Edge
- HI Mobility’s Main Market IPO underwritten by Maybank Edge Star
- Bursa’s red-hot IPO market draws Hong Kong, Singapore firms Edge
- Foreign investors net sold RM169.4m equities for 16th week Edge NST Star
- EPF to announce 2024 dividend payout this week NST
- Singapore’s SGD5b stock plan to drive flows Edge
- SoftBank, Temasek among eFishery investors facing near wipeout Edge
- Chinese AI chipmaker Biren revisits USD300m Hong Kong IPO Yahoo
- IT services firm Alpha Data to price Abu Dhabi IPO at top of range Yahoo
- Australian regulator pushes ASX on fee transparency, competition Edge Yahoo
- There’s an ugly trend developing in the stock market Yahoo
- Fintech startup Brex mulls IPO Yahoo
- USDe stablecoin developer Ethena raises USD100m Coindesk
- European asset managers start to churn out defence funds Star
Digital assets
- Police bust illegal bitcoin mining that stole RM1.3m electricity NST
- Bitcoin slips under USD94k as stocks try to shake last week’s jitters Coindesk
- Robinhood says SEC closes crypto probe without further action Edge
- OKX settles US charges with USD505m penalty Coindesk Cointelegraph Yahoo
- Citadel plans crypto market-making business Coindesk
- RAY dives 25% as Pump.fun tests own AMM exchange Coindesk
- Bybit closes ETH Gap to replenishes USD1.4b lost in hack Coindesk
M&A and property
- Reservoir Link’s major shareholder seeks buyer for stake Edge
- Impiana KLCC Hotel is for sale Edge
- Approvals for AirAsia X’s takeover to be received by end-Feb Edge
- Chinese developers buy land in bet on market bottom Edge Star
- Apollo buys real-estate firm Bridge for USD1.5b Yahoo
- Prosus buys Just Eat in bid to become food delivery giant Yahoo
- Blackstone buys superyacht and marina servicer for USD5.65b Edge
- National Grid sells USD1.7b US renewables arm to Brookfield Yahoo
- Time is ripe for copper’s biggest takeover deal Star
Malaysian financial market news
- MITI expects total trade to improve by 5% in 2025 Star
- Malaysia’s palm oil stocks to hit 2-year low after output falls Star
- Malaysia eyes zero CPO exports in favour of downstream output Star
- Audit shows 9 EPF units suffer losses for third consecutive year NST Star
- AG questions SWCorp’s ability to continue operations Edge
- HeiTech Padu bags RM1.04b hydroelectric project Edge NST Star
Asian financial market news
- Singapore core inflation at 0.8%, lower than forecast Star
- DBS CEO sees job cuts of 4k temporary staff as AI replaces roles Edge
- Indonesia’s sovereign wealth fund to invest USD20b in projects Edge Mail NST
- People’s Bank of China’s flip-flop sows confusion over rate cuts Star
- Alibaba to invest USD52b in AI over next 3 years Edge Mail NST Star Yahoo
- India’s annual palm oil imports to fall behind soft oils for first time Edge Mail
Other financial market news
- US Fed-favoured inflation gauge is set to ease Star
- How markets assess 3 buckets of Trump chaos Yahoo
- Apple plans USD500b US investment, 20k research jobs Edge Yahoo
- Microsoft cancels leases for AI data centres Edge Yahoo
- Anthropic launches new AI model that thinks as long as you want Yahoo
- Net zero economy grows 10% in a year with GBP83b boost to UK NST
- BP to ditch renewables goals and return focus to fossil fuels Yahoo
- Germany’s centre right alliance secures most seats in election Coindesk