Capital markets news | Mon 21 Apr 2025


Equity

  • Q&M seeks secondary listing on Bursa’s Main Market Edge
  • Careplus plans RM55m rights issue for construction of EV assembly plant Edge
  • Bright spots in Malaysian private equity deals Star
  • Why money is going to Manila Star
  • Chinese tea chain’s US shares rise 43% as IPO defies volatility Edge Mail NST
  • House China committee urges US banks to drop CATL listing roles Edge
  • Taiwan short-selling curbs extended again amid tariff uncertainty Edge
  • Fidelity, Goldman find tariff haven in Asian consumer stocks Edge Yahoo
  • Australian pension giants worry about Trump Star

Debt and money markets

  • Kimanis Power’s RM300m sukuk assigned preliminary AAA rating RAM
  • Negative rating watch on Sepangar extended RAM
  • AME Elite issues RM300m sukuk under RM1.5b programme Edge NST Star
  • Ho Hup slips into PN17 status after unit defaults on RM113m loan Edge NST Star
  • Sentoria units placed under receivership over loan defaults NST
  • Banks may review property loan assessment following Putra Heights gas blast NST
  • Threat to US exceptionalism spurs rush for emerging market local bonds Yahoo
  • Pimco bearish on dollar, long-term Treasuries as US safe-haven status wavers Edge
  • Deutsche Bank sees more China clients moving out of US assets Edge
  • Hedge funds could pose a systemic threat to financial stability Yahoo
  • Defaults and volatility ahead Star

Digital assets

  • Stablecoins gaining traction Star
  • Crypto, DeFi may widen wealth gap, destabilise finance Cointelegraph
  • Bitcoin gets USD90k short-term target Cointelegraph
  • Bitcoin eyes USD139k amid macro resilience Coindesk Cointelegraph
  • Bitcoin about to be hit with significant volatility imminently Coindesk
  • Lyn Alden lowers Bitcoin forecast after tariff kerfuffle Cointelegraph
  • XRP price coiled for significant move Coindesk
  • HashKey to debut Asian XRP tracker fund with Ripple as anchor investor Coindesk
  • Trump’s memecoin surges despite massive USD320m unlock Coindesk
  • KILO token surges as funds recovered swiftly after sophisticated hack Coindesk
  • Feds mistakenly order Estonian HashFlare fraudsters to self-deport Coindesk
  • Oregon targets Coinbase after SEC drops its federal lawsuit Cointelegraph
  • South Korean crypto emerges from failed coup into crackdown season Cointelegraph

M&A and property

  • MBI Selangor eyes 5%-10% of MBSB Bank Star
  • TikTok deal on ice until US-China tariffs deal struck Star
  • Capital One deal for Discover wins approval from US regulators Edge Yahoo
  • Google to appeal against part of US court’s decision in monopoly case Edge Mail

Malaysian financial market news

  • RHB forecasts 2025 GDP growth at 4.5% Mail
  • Economic growth likely slowed in 1Q Edge Mail NST Star
  • Digital banks face trust challenges Star
  • Exports up in Mar ahead of US tariffs Edge NST Star
  • Global trade malaise and US tariffs on E&E will pressure Malaysia’s growth RAM
  • Demand for fresh, tree-ripened Malaysian durians surge in China Mail
  • Domestic demand to keep economy resilient Edge
  • Increase in online fraud cases, nearly RM600m losses recorded Edge
  • Malaysia makes stunning leap in global luxury property Star
  • Federal govt, Johor in talks on sandbox initiatives for J-S SEZ Edge NST
  • Former Petronas manager charged with disclosure of confidential information Edge
  • Stellantis assembly plant to serve as Asean regional hub Edge NST
  • YTL Power wins bid to develop fibre optic along rail lines Edge
  • Malaysia ready to develop pan-Asian railway network Edge
  • MAG races to secure Boeing jets dropped by China Mail

Asian financial market news

  • Indonesia says it seeks to complete US trade talks in 60 days Edge
  • Indonesia weighs costly US arms purchases to curb tariff threat Edge NST
  • DP World to expand in Asean to support shift in Chinese manufacturing NST
  • Asean countries build on local currency resilience Star
  • Yuan’s winding path Star
  • China’s fiscal revenue falls 1.1% in Jan-Mar Edge
  • China issues plan for expanding service sector opening-up Edge
  • Xi’s No 2 signals openness to policy shift as tariffs hit Edge
  • China’s manufacturing backbone feels Trump trade war pinch NST
  • Exporters at China’s largest trade fair told not to leave early Edge
  • China pledges to help tariff-hit exporters find local buyers Edge
  • China set to leave lending rates steady, but tariffs raise easing bets Edge
  • China’s US envoy urges end to trade war, but warns Beijing ready to fight Mail
  • Japan’s hacked online trading reaches USD700m Edge
  • Japan seeks fairness in currency talks with US Edge
  • Japan does not manipulate FX to weaken yen Edge
  • BOJ will keep raising rates if inflation on track Edge Mail NST Star
  • Japan weighs increasing soybean on top of rice imports to placate US Mail
  • South Korea, US to hold trade talks this week NST
  • US tariffs threaten Arab non-oil exports NST

Other financial market news

  • Trump discussed firing Fed’s Powell, Warsh as possible successor Edge
  • Firing Powell would hurt US dollar and economy Edge Cointelegraph
  • Americans are expecting a tariff-fuelled price surge Yahoo
  • Big banks maintain the sky is not falling amid tariff turmoil Yahoo
  • US jobless claims by federal employees ticked up last week Edge
  • Trump to sign order to extend federal hiring freeze Edge
  • FDA fires most negotiators for pharma user fee talks Edge
  • US consumer watchdog says it will lay off most remaining staff Edge NST
  • Trump moves to levy Chinese vessels in widening trade war Edge Mail NST
  • Trump says trade deal with China could be matter of 3-4 weeks NST
  • Trump says he is 100% confident on Europe trade deal Edge
  • Boeing jet returns to US from China amid tariff war Edge Mail NST Yahoo
  • DHL to suspend global shipments of over USD800 to US consumers Edge NST
  • Toyota weighs adding US production of new RAV4 in response to tariffs Edge
  • Volvo to cut up to 800 US jobs as Trump’s tariffs bite Edge
  • Volkswagen mulls shifting Audi production to US Mail
  • Companies eye US expansion to cushion fallout from tariffs NST
  • Tariffs could lift Boeing and Airbus plane prices even higher Mail NST
  • Canada’s PM proposes deeper deficits to fund infrastructure, tax cut Edge
  • Reeves pledges no increases to UK wealth taxes in next budget Edge
  • A third of German firms mull cutting jobs in 2025 Edge NST
  • Ukraine hits Chinese firms with sanctions over arming Russia Edge
  • Ukraine aims to wrap up mineral deal talks within a week Edge
  • First shockwaves of Trump’s tariffs are about to hit the world economy Edge Yahoo

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