Capital markets news | Tue 4 Mar 2025
Equity
- Pantech closes 15.4% below IPO price on Main Market debut Edge NST
- WCT gets nod from SC for Paradigm REIT listing Edge NST Star
- ACE Market-listed SFP Tech shelves Main Market transfer plan Edge NST Star
- Foreign outflow from Bursa continues for 19th week at RM1.27b Edge NST Star
- Bubble-tea giant Mixue surges 43% after Hong Kong’s biggest IPO Edge Star
- BYD seeks to raise up to USD5.2b in placement Edge
- Chinese startup Zhipu raised USD140m led by local govt-backed firms Yahoo
- Anthropic closed USD3.5b fundraising at USD61.5b valuation Yahoo
- Coal’s 4-year lows hide a coming global supply squeeze Edge
Digital assets
- What crypto leaders are saying about Trump’s crypto reserve Coindesk
- 4 unanswered questions about Trump’s crypto reserve Coindesk
- Trump’s crypto reserve plan faces Congress vote Cointelegraph
- Major u-turn in crypto markets sends bitcoin back below USD87k Coindesk
- Biggest CME gap ever at USD85k Cointelegraph
- US Senate to vote on erasing IRS’s crypto broker rule Coindesk
- Just how do cyber criminals steal cryptocurrency? Mail
M&A and property
- Asian Pac buys Jaya Shopping Centre in Petaling Jaya for RM100m Edge NST Star
- Handal buys 2 hospitals from Hartanah Azzahrah for RM69m NST Star
- Grab buys operator of Everrise supermarkets from Navis Edge
- Catcha Digital to continue M&A spree, may exceed RM80m target Edge
- Decor sells 25% of MClean subsidiary DWZ to Dufu NST
- Velocity Capital acquires 6.5% of MMAG for RM60m Edge Star
- MP calls to nationalise IHH and KPJ, ban private hospital IPOs Edge
- Barakah’s sale of barge to PT Wintermar Rajawali aborted Edge
- Chubb to buy Liberty Mutual Thailand, Vietnam insurance assets Edge
- New World shares rally after CEO pledges to sell non-core assets Edge
- Reddit co-founder joins Frank McCourt’s bid for TikTok Edge Mail
- Radiant Logistics acquires California-based forwarder Yahoo
- Prada close to Versace deal for up to EUR1.5b Edge Star
Malaysian financial market news
- Govt committed to reducing deficit to 3.8% in 2025 Star
- Manufacturing PMI rose to 6-month high of 49.7 in Feb Mail Star
- MITI focuses on promoting Malaysia’s stability for investments NST
- Miti investigates Nvidia’s AI chips shipped to Malaysia from Singapore Edge Star
- Fortifying GDP amid global uncertainties Star
- MACC freezes 61 bank accounts over illegal e-waste disposal Edge
- RM16.75b investments in halal industrial parks in 2012-2024 Edge
- Govt to limit funding requests for large projects to every 2 years Edge
- Penang LRT systems job incorporates leasing model Edge
Other financial market news
- High-paying employers likely to pay men more in Australia Edge
- Australian house prices rebound on rate cut Star Yahoo
- Fed’s Musalem urges patient approach to rates Yahoo
- Citigroup almost sent USD6b to wealth account in copy-paste error Yahoo
- Tech giants have pledged over USD1t in US investment Yahoo
- TSMC CEO to promote USD100b US investment plans Edge Yahoo
- Microchip Technology to lay off 2k employees amid weak demand Edge
- Nvidia and Broadcom testing chips on Intel manufacturing process Edge
- US farmers to get first of USD30b tranche for downturn Yahoo
- Trump to lay out his govt overhaul plan to US Congress NST
- Economic growth forecasts tumble as Trump tariffs loom Yahoo
- US car prices poised for USD12k surge on Trump’s new tariffs Edge
- Swiss central bank posts record 2024 profit of nearly USD90b Edge
- ECB may stumble into stimulus Yahoo
- EU to grant carmakers leeway in reaching 2025 CO2 emissions targets Edge