Capital markets news | Tue 22 Apr 2025
Equity
- PEOPLElogy prices ACE Market IPO at 25 sen Edge
- Maybank, CGS, Am underwrite Paradigm REIT’s Main Market IPO Edge NST Star
- Fibromat’s fair value is 1 sen above its IPO price Edge
- Foreign selling extends to 26th week with RM331m net outflow NST Star
- Crewstone, Vince roll out RM150m real estate investment fund NST
- Navis raises USD230m backed by TPG NewQuest to grow education assets Edge
- Stock market crashes in the last 40 years Edge
- South Korea’s presidential front runner vows to boost stock market Edge NST
- Foreign investors pulled USD3.84b from Asian markets last week Edge Mail
- GSR anchors USD100m investment in Upexi to purchase SOL Coindesk
- A weak US dollar isn’t good for stocks Yahoo
- US stocks, bonds sink in broad retreat from American assets Edge
- Investors pour into European equity funds, flee US on tariff woes Edge
- Gold hits record as dollar sags and trade war concerns persist Star Yahoo
Debt and money markets
- Koperasi Co-opbank Pertama Malaysia’s A3, P2 ratings affirmed RAM
- WCE receives government consent for RM1.15b BPMB financing Edge NST Star
- CIMB pledges RM10b financing in J-S SEZ Edge Mail NST Star
- Banking sector may face margin pressure amid potential OPR cut NST Star
- Ho Hup seeks court order to formulate scheme of arrangement Edge
- Singapore’s long debt gets boost from steepest curve since 2022 Edge
- Vietnam to finalise restructuring plan for troubled lender SCB NST
- Trump tariff worries spur record overseas demand for JGBs Edge Yahoo
- Mizuho calls for speedier bond purchase tapering with rate hike pause Edge Yahoo
- US bond funds suffer fifth weekly outflow on tariff-driven inflation fears Edge
- Trump’s push against Powell adds to doubts of US’ haven status Yahoo
Digital assets
- Bitcoin rebounds as Trump’s push against Powell weakens dollar Edge Yahoo
- Bitcoin holding near USD87k a strong sign of maturing sentiment Coindesk
- Strategy buys USD555m of bitcoin, increases total stash to 538,200 Coindesk
- Bitcoin’s breakout signals potential rally to USD90k-USD92k Coindesk
- Bitcoin up 33% since 2024 halving as institutions disrupt cycle Cointelegraph
- Altcoin unit bias absolutely destroying crypto newbies Cointelegraph
- BNB, SOL, XRP spike higher as digital gold narrative returns Coindesk
- USD380m crypto stolen during Bybit’s USD1.4b hack has gone dark Coindesk
- Stablecoin giant Circle is launching a new payments network Coindesk
- Bitget’s USD12b VOXEL frenzy fizzled fast, but questions remain Cointelegraph
M&A and property
- Pulau Kapas distributes 15% Time stake to Khazanah, GTI Edge
- Salcon acquires 70% stakes in 2 dental firms in healthcare push Edge
- U Mobile disposes of merchant acquiring business GoBiz Edge
- MNRB looking to sell takaful business again Edge
- PEOPLElogy in talks with firms in Malaysia, Southeast Asia for M&As Edge
- Sarawak on the prowl for a bank to merge with Affin Bank Edge
- Astino to buy 21-acre land in Penang for RM30.41m Edge Star
- US investor Cameron offers USD5b for Kazakh mining giant ERG Edge
- Bankers get creative to sign M&A deals in Trump’s trade war Star
- MidOcean to buy GSTV from Rockbridge Star
- Google, DOJ go back to court to fight over search monopoly fix Edge
- Nomura buys Macquarie’s US, European asset management for USD1.8b Yahoo
- Italy clears UniCredit’s bid for Banco BPM Star
Malaysian financial market news
- CGS revises 2025 GDP growth to 4.2% Edge NST
- Growth likely to moderate in 2025 Star
- Malaysia’s 1Q GDP set for upgrade on export surge NST
- Malaysia’s trade trajectory remains positive this year Star
- US imposes new duties on solar imports from Malaysia, Southeast Asia Edge
- Crude palm oil’s discount to soybean likely until 3Q Edge
- Half of Malaysians would quit jobs without supportive managers NST
- Nearly 90% of Johor’s RM27.4b 1Q investments were in JS-SEZ Edge NST
- Johor mulls setting up Asean industrial park in special economic zone Edge NST
- Bintulu, Samalaju Industrial Ports to become CCS hubs Edge NST
- Penang’s Mutiara Line LRT project on schedule Edge
Asian financial market news
- Indonesia books larger-than-expected USD4.3b trade surplus in Mar NST
- Coal still dominant in Vietnam’s power production Star
- China keeps lending rates steady, trade war raises bets for stimulus NST
- China warns against trade deals favouring US at its expense Mail Star Yahoo
- China pushing strongly for globalisation drive Star
- China sanctions US congress members, officials and NGO heads Edge
- China stops buying LNG from US, turns to neighbours NST
- China-owned supertankers face USD5.2m in fees per US call Edge
- Analysts warn US restrictions could hand semiconductor market to China Mail
- Taiwan’s TSMC warns of limits of ability to keep its AI chips from China Edge
- Emerging market currencies gain as Fed worries depress dollar Star Yahoo
- US dollar’s monopoly in payments will soon be over Star
Other financial market news
- US leading indicator declines sharply in Mar amid tariffs Edge
- Trump warns of economic slowdown unless Fed cuts rates Yahoo
- Trump’s push against Fed chair Powell seen as latest reason to sell US assets Edge
- US profit outlook rarely this sour Edge
- Second Boeing jet starts return from China Edge Mail
- Amazon has halted some data centre leasing talks Yahoo
- Trump’s tariffs are hurting the businesses he’s trying to help Star
- ADM closing soybean processing plant in Kershaw, South Carolina Yahoo
- Posco joins Hyundai for USD5.8b steel mill hailed by Trump Edge
- Mexico’s President says trade talks continue after Trump call Edge
- UK to boost defence supplies to curb US reliance NST
- Reeves pledges no increases to UK wealth taxes in next budget Star