Capital markets news | Fri 4 Apr 2025
Equity
- Concrete products maker PMW seeks ACE Market listing Edge Star
- Verdant Solar eyes ACE Market listing Star
- Iskandar Waterfront City gets 6-month extension for regularisation plan Edge
- Private equity firms feel the tariff pain Barrons
- Private equity wants the USD12t Americans have in 401(k) plans Yahoo
Debt and money markets
- Positive rating actions outnumber negative in 2024 RAM
- Malaysian banks’ loan growth intact Star
- Singapore’s foreign exchange and money markets functioning normally Star
- AirTrunk seeks USD1.7b loan to build Singapore data centres Edge
- Fitch cuts China rating on weakening finances, debt concerns Edge
- China regrets and does not recognise Fitch rating downgrade Edge
- China raises USD826m in first green sovereign bond Star
- Tencent-backed China Ruyi to raise USD500m in convertible bonds Yahoo
- Emerging economies brace for deterioration of sovereign credit Yahoo
- US bank stocks sink as Trump’s tariffs cloud dealmaking, loan demand Yahoo
- Pimco expects US rating downgrade this year Edge
- Rate-cut bets are soaring as traders see rising recession odds Yahoo
- US 10-year yield drops below 4% for first time since Trump won Yahoo
- OCBC sets aside SGD17b over 5 years to support FDI into United Kingdom Edge
Digital assets
- US stagflation could turn bitcoin into decentralized store of value Coindesk
- Bitcoin falls 4% to USD82k in Singapore yesterday morning Star
- Bitcoin nears USD80k but turning point in sight Coindesk
- Bitcoin nears death cross Coindesk
- Bitcoin price risks drop to USD71k as tariffs hurt business outlook Cointelegraph
- Market volatility led to USD450m crypto futures liquidations Coindesk
- 70% chance of crypto bottoming before Jun amid trade fears Cointelegraph
- Polymarket, Kalshi traders pricing in over-50% chance of US recession Coindesk
- RLUSD sees USD100m minted on Ripple payments boost Coindesk
- US sanctions 8 crypto wallets tied to Garantex, Houthis Cointelegraph
- Hackers are selling counterfeit phones with crypto-stealing malware Cointelegraph
- Addressable brings Web2 marketing tactics to Web3 economy Coindesk
M&A and property
- Ho Hup sells Bukit Jalil office units for RM13m in related-party transaction Edge Star
- Trump says TikTok deal within reach, involves multiple investors Yahoo
- Amazon adds 11th hour intrigue to TikTok acquisition drama Edge Star
- AppLovin bids for TikTok in all markets outside of China Yahoo
- Hailey Bieber explores sale of her makeup brand Rhode Yahoo
Malaysian financial market news
- Malaysia won’t retaliate, will negotiate with US on tariffs Edge NST Star
- US tariffs to pose disruption to Malaysia RAM
- Steady growth prospects now face tariff headwinds Edge Star
- Malaysia can ride tariff storm Star
- Semiconductor firms brace for future US action after dodging tariffs Edge
- Muted European outlook a challenge for chip firms Star
- Rubber glove makers urge govt to consider emergency support measures Edge
- Glovemakers rebound as investors see competitive advantages Edge Mail Star
- Manufacturers sound alarm over US tariff Edge
- Chinese companies fuel data centre boom amid rising AI demand Mail
- Government’s RE initiatives good news for solar players Star
Asian financial market news
- Thailand PM ready to deal with US Star
- Southeast Asian nations seek talks with Trump Edge Mail NST
- Trump’s tariffs shock shoe supply chains Edge
- China urges US to immediately lift tariffs, vows retaliation Edge NST
- How Trump’s liberation day tariffs will impact China Mail
- Trump gives China a chance to win over world hit by tariffs Yahoo
- China, India are holding up global shift from coal Star
- OCBC’s private bank seeks more staff for greater China expansion Edge
- Taiwan says US tariffs unreasonable, blames Trump for trade surplus Edge
- Mitsubishi plans to invest USD27b over next 3 years to drive growth Edge NST
- US slaps 26% tariff on India citing non-tariff barriers and trade deficit Mail NST
- Bangladesh textile industry hit hard by US tariff hike Mail
Other financial market news
- RBA sees banks as resilient to chilling effect of US actions Star
- Australia baffled as Trump slaps 29% tariff on sparsely populated islands Mail
- US Fed in no hurry to adjust rates, needs time to assess tariff impact Yahoo
- Deutsche Bank says risk of dollar confidence crisis Edge
- US SEC nominee confirmed by senate banking committee Coindesk Cointelegraph
- US services index falters as employment shrinks most since 2023 Edge
- US labour market calm ahead of tariffs storm Edge
- US weekly jobless claims fall as labour market stays stable for now Star
- Intel, TSMC tentatively agree to form chipmaking joint venture Edge
- US trade gap shrinks on export boost as imports stay elevated Edge
- Trump’s tariffs are largest US tax hike since 1968 Yahoo
- Microsoft pulls back on data centres from Chicago to Jakarta Edge
- Apple production hubs hit by tariffs Edge
- Trump signs order ending de minimis for low-value parcels from China Edge
- Trump open to phenomenal offers on tariffs Yahoo
- Semiconductors will face specific regime of regulations Yahoo
- Brokerages raise risks for US recession after Trump’s latest tariffs Edge
- Truckload volumes and bond yields say recession, not inflation, the bigger risk Yahoo
- Economists slash US growth, boost inflation forecasts on tariffs Edge
- Tariffs mean confusion and paperwork for US firms Yahoo
- Stellantis temporarily lays off 900 US workers following tariff announcement Edge
- Volvo vows to boost US production in response to tariffs Edge
- Volkswagen to introduce import fee on tariff-hit cars Edge
- Canada posts surprise trade deficit in Feb, exports still near record level Edge
- US tariffs upend Japanese carmakers’ Mexico gambit Yahoo
- UK lists thousands of US goods which could face retaliatory tariffs Edge
- German auto industry says US tariffs will only create losers Mail
- North Korean IT warriors push to infiltrate European firms Edge
- TikTok faces over EUR500m fine for EU data sent to China Edge
- France’s Macron urges EU companies to pause US investments Edge
- Trump slaps Africa’s Lesotho with highest tariff of all Edge
- Worldwide reactions to Trump tariffs Mail NST
- Trump tariffs bad for global economy and trade Edge
- IMF’s Georgieva says US tariffs represent significant risk to global outlook Yahoo
- WTO says tariffs to cause 1% contraction in global merchandise trade volumes Edge