Capital markets news | Fri 18 Apr 2025
Equity
- WTEC’s ACE Market IPO oversubscribed 1.61 times Edge NST Star
- SPB Development indefinitely delays Main Market IPO Edge NST
- Hextar Technologies is Widad’s largest shareholder with Nilai land injection Edge
- Chinese stocks face risk of USD800b US outflows Edge
- Chinese tea chain Chagee raises USD411m in US IPO Edge NST
- Kraken sheds hundreds of jobs to streamline business ahead of IPO Coindesk
- Swapping safe haven sheen for trade war target Star
Debt and money markets
- Revised rating methodologies on FIs, Basel III instruments published MARC
- Asian bond curves set to steepen more as trade war rages on Edge
- Asia-Pacific banking sector remains mostly resilient amid US tariff risks Edge
- BlueBay sells US dollars short, citing low investor confidence Edge
- US Treasuries decline as Powell’s hawkish message sinks in Edge
- Canada, Japan led foreign treasuries-buying jump in Feb Edge Yahoo
- 20-year US Treasury auction sees strong demand Barrons
- What the bond market needs to watch next Yahoo
- Europe’s financial watchdogs question Treasuries’ haven status Edge
Digital assets
- Bitcoin in standstill at USD85k as Trump increases pressure on Powell Coindesk
- Bitcoin loses allure to gold as economic concerns rise Coindesk
- Bitcoin is more a barometer of risk Coindesk
- Bitcoin gold copycat move may top USD150k Cointelegraph
- US tariffs sparked rush to get bitcoin mining gear out of Asia Edge
- XRP downside fears persist despite ETF optimism Coindesk
- Crypto in a bear market, rebound likely in 3Q Cointelegraph
- Coinbase embroiled in alleged frontrunning controversy Coindesk
- Stellar sees USD3b of real world assets coming on-chain in 2025 Coindesk
M&A and property
- Sarawak premier dismisses talk of AmBank-Affin merger Edge NST Star
- MAG set to hand over MASwings to Sarawak in 2026 Edge Mail
- Widad acquires parcels of land worth RM31.3m in Nilai Star
- CLMT eyes growth from new acquisitions NST
- Vista buys Petronas oil stake in USD1.5b Argentina deal Edge Mail
- DigitalBridge’s sale of Southeast Asian telecom towers said to stall Edge
- Pakistan seeking bids to sell national airline next week Edge
- Google holds illegal monopolies in ad tech, allowing US to seek breakup Edge
- Worldpay’s USD24.3b sale breaks Wall Street’s M&A logjam Edge
- Bitcoin miner Bit Digital acquires USD53m facility Cointelegraph
- Barclays to sell stake in British payments business to Brookfield Edge
Malaysian financial market news
- SERC cuts Malaysia’s 2025 GDP forecast to 4% Edge
- Xi’s visit elevates Malaysia’s role as a strategic middle power NST
- Zafrul to meet US trade rep, officials in Washington next week Edge
- Malaysia eyes 4.3m Indonesian visitors in 2025, 4.7m in 2026 Edge
- China ready to share rare earth processing technology with Malaysia Edge
- Terengganu exploring international partnerships to develop rare earth Edge
- Perak seeks RM20m to conduct exploration for new minerals Edge
- Malaysia delays LNG shipments due to outage at export plant Edge Star
- China could turn to palm oil amid trade tensions NST
- Simplified EU rules may not fully benefit producers, more measures needed Edge
- Samenta urges China to open digital trade platforms to Malaysian SMEs NST
- MAG warns of higher fares as costs surge from US tariffs Edge NST
- ECRL on track for completion by Dec 2026 Edge
Asian financial market news
- Singapore Mar exports miss forecasts, rise by 5.4% from a year ago Edge NST Star
- Thai economic growth to see hit from US tariffs Edge
- Vietnam’s factory-based growth model at risk in global trade war Edge
- Vietnam’s VietJet owes investment fund over USD180m Edge
- Cambodia seeks China’s help as Xi visits amid US tariff stand-off Edge
- China offers Philippines win-win path against US protectionism Edge
- China ready to sign Asean-China Free Trade Upgrade Protocol soonest Edge
- Chinese carmakers may shift to Southeast Asia amid tariff pressures NST
- China exporters shifting sales to local markets Star
- China’s tech giants help exporters pivot to domestic market Edge
- China releases guidelines to facilitate cross-border flows of financial data Edge
- China says it will ignore US tariff numbers game Edge
- China, US at impasse over who should start trade talks Edge
- China’s youth jobless rate dips in Mar to 16.5% NST
- China pivots from US to Canada for more oil Yahoo
- South Korea’s top policymakers to visit US next week Star
- South Korea hints at May rate cuts amid Trump tariff fears NST Star Yahoo
- Japan’s exports expand in Mar as US tariffs feared to hit economy broadly Edge NST
- Japan talks fail to yield deal Mail NST
- BOJ warns US tariff uncertainty may hurt confidence, economy Yahoo
- Rupee set for modest uptick on possible inflows, wobbling dollar NST
- Trump includes US troop costs in tariff talks with Asian allies Edge
Other financial market news
- Trump spurs doubts over Australia’s USD234b nuclear submarine plan Nikkei
- Aussie unemployment edges up ahead of US tariffs Star
- New Zealand inflation accelerates more than expected to 2.5% Star
- Tariffs raise chance of US recession to 45% Yahoo
- US labour market stable, single-family homebuilding dives amid tariffs Edge
- Fed’s Williams sees no looming need to change monetary policy Yahoo
- Price stability vital for jobs, says Fed’s Powell Star
- Trump says Powell’s termination can’t happen fast enough Edge NST Yahoo
- Fed proposes averaging large bank stress test results to reduce volatility Yahoo
- Trump is reluctant to keep raising tariffs on China Star Yahoo
- Trump adviser proposes weakening dollar to reshape trade Mail
- Trump hails big progress in tariff talks with Japanese officials NST
- Trump administration eases port fees on China-built ships Edge NST Star
- AMD warns of USD800m hit from China export curbs Mail
- Intel will need licence to export AI chips to Chinese clients Star
- Ford Motor may hike prices due to US auto tariffs Star
- Shein, Temu to get pricier as Trump cracks down on cheap imports Edge
- Online retailers Temu, Shein slash US ad spending Mail
- Tariff panic spurs fastest retail sales growth in 2 years Star
- Trump delivers crushing blow to offshore wind industry Edge
- DeepSeek poses profound security threat to US Edge
- UC Davis reeling as US federal cuts cripple agriculture research Mail
- 90% of Consumer Financial Protection Bureau cut in downsizing Yahoo
- California sues US government over Trump tariffs NST
- Hermes to pass on tariff costs to US clients as sales growth slows Edge Mail NST
- ECB cuts interest rates again as Trump tariff fears threaten recovery Edge Yahoo
- Turkish central bank surprises with rate hike to 46% after market turmoil Yahoo
- IMF expects notable markdowns in growth forecasts Edge Mail
- Fitch cuts global growth forecast amid trade war NST