Capital markets news | Fri 14 Mar 2025


Equity

  • Saliran ends ACE Market debut below IPO price Edge NST
  • Wawasan Dengkil’s ACE Market IPO oversubscribed 7 times Edge Star
  • SumiSaujana prices ACE Market IPO at 24 sen Edge NST
  • LEAP Market-listed Manforce plans transfer to ACE Market Edge
  • Capital A revisits US listing plans for brand management arm Edge
  • HLIB unveils ESG share margin financing NST Star
  • Biggest Thai meat producer to speed up IPO of offshore unit Edge
  • China’s ICBC launches USD11b technology innovation fund Edge
  • US-blacklisted Zhipu AI gets fresh funding from Chinese state firm Edge
  • AI drug startup Insilico mulls Hong Kong IPO again after funding Edge
  • JPMorgan sees worst of US equity correction likely over Edge
  • Terabase gets USD130m to expand solar technology deployment Yahoo
  • Multi-strategy hedge funds’ haven appeal tested amid trade war Star
  • Gold may rise as high as USD3,500 in 3Q Edge Yahoo

Debt and money markets

  • Cagamas MBS fully redeems CMBS 2005-2 ahead of maturity RAM
  • Parkson Credit raises RM333m in maiden sukuk issuance Edge NST
  • Austria’s AT&S gets USD250m World Bank loan for Malaysia plant Edge NST
  • India’s biggest bank to set up AI, fintech project finance unit Yahoo
  • Stock turmoil spreads as fear hits the world of corporate bonds Yahoo
  • US releases USD5b loan to TotalEnergies for Mozambique gas project Yahoo
  • Over 1,600 financial firms tap Fed’s emergency lending tool Star
  • Global corporate credit quality rebounds 5 years after pandemic Edge

Digital assets

  • Lone bitcoin miner wins block using tiny, cheap rig Cointelegraph
  • Tokenised Treasuries hit record USD4.2b market cap Coindesk
  • BlackRock’s BUIDL fund tops USD1b with Ethena’s USD200m allocation Coindesk
  • US Senate takes first big step to advance stablecoin bill Coindesk
  • Banks push to block stablecoin legislation over market share fears Cointelegraph
  • Starknet to settle on bitcoin and ethereum to unify the chains Cointelegraph
  • Ripple bags Dubai license to offer crypto payments in UAE Coindesk

M&A and property

  • TMK Chemical acquires industrial property in Singapore for expansion Edge Star
  • Avangaad buys marine consultancy and tugboats for RM49m Edge Star
  • Capital A to sell majority stake in Big Pay to undisclosed regional bank Edge
  • Vietnam incentivises bank acquirers Star
  • Couche-Tard rules out hostile takeover on Japan’s Seven & i Edge NST
  • Trump family held talks to buy stake in Binance Coindesk
  • Compass in talks to buy Buffett’s real-estate brokerage unit Yahoo
  • UBS considers sale of some real estate assets in asset management unit Yahoo

Malaysian financial market news

  • InvestKL targets RM50b in investments by 2030 NST Star
  • Can Malaysia unlock potential of its rare earth deposits? Edge
  • Almost 80% of palm oil smallholders comply with EUDR Edge
  • Malaysia’s natural rubber output drops 20.8% in Jan Mail
  • Malaysians risk losing RM3.3b a year to hidden forex fees by 2029 Mail NST Star
  • DHL to hire hundreds if shipping loophole nixed Edge Star

Asian financial market news

  • Singapore server fraud case involves USD390m of transactions Edge Yahoo
  • Thailand approves Sunwoda’s USD1b EV battery plant investment Edge NST
  • AI expected to accelerate self-driving tech in China Star
  • SoftBank, OpenAI to build AI data centre in Japan Yahoo
  • At US request, India arrests crypto administrator over money laundering Edge

Other financial market news

  • Anglo American plans fresh job cuts at corporate office under restructuring Edge
  • New Zealand pitches itself as haven in global storm Star
  • Tariffs might tie US Fed’s hands if growth slumps Star
  • Trump and Senate Republicans fail to solve US debt ceiling problem Yahoo
  • Trump’s 200% tariff on EU to eliminate its products from the US Yahoo
  • US industry group asks for tariff relief on imports Star
  • US tariffs to drive up energy costs Star
  • US Treasury confirms expiration of Russian energy financing license Yahoo
  • Trump mounts sweeping attack on pollution and climate rules Star
  • Canada likely to cut interest rates due to trade war Star
  • UK corporate distress at highest since Covid Edge
  • EU targets iconic US products in response to Trump’s steel tariffs Mail Yahoo
  • AI leading to faster, cheaper oil production Yahoo

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