Capital markets news | Wed 23 Apr 2025
Equity
- Reach Ten’s Main Market IPO oversubscribed 1.85 times Edge NST Star
- West River’s ACE Market IPO oversubscribed 0.26 times Edge Star
- Norges Bank emerges as substantial shareholder of Pentamaster Edge
- Straits Energy’s TMD ends NYSE American debut at 12% premium Edge NST Star
- Bithumb to split in 2 as crypto exchange inches toward South Korean IPO Coindesk
- Saudi Arabia, UAE lead Mena VC funding to highest since 2023 Edge
- China tech firms eye US listings despite widespread ructions Edge
- S&P 500 bounce has traders fearing another head-fake market Yahoo
- Hedge funds’ 2025 selling focuses on discretionary stocks Yahoo
- Amundi says clients are massively repositioning into Europe Yahoo
- Gold touches USD3,500 amid Trump’s attacks on Powell Edge NST Star Yahoo
- JP Morgan sees gold prices crossing USD4k by 2Q2026 Yahoo
- Palm oil demand from China, India may rise to support prices Edge NST Star
- OCBC revises Brent forecast to USD67, CPO at RM4,300 NST
Digital assets
- Bitcoin rallies 20% during market turmoil to diverge from tech Edge
- Bitcoin tops USD91k as trade optimism fuels crypto rally Coindesk
- Bitcoin, EUR options signal bullishness against dollar Coindesk
- Bitcoin lines up resistance flips around USD90k Cointelegraph
- Bitcoin rally above USD100k may follow US Treasury buybacks Cointelegraph
- How some bitcoin mining firms try to game US customs controls Coindesk
- Trump sons’ bitcoin mining partners had run-ins with regulators Edge
- Crypto firms moving into Wall Street territory amid growing synergy Cointelegraph
- Farmers are switching to stablecoins Cointelegraph
- XRP eyes 70% rally ahead of futures launch on Coinbase Cointelegraph
- AVAX surges 10.7% as bullish breakout signals strong momentum Coindesk
- Crypto ally Paul Atkins sworn in as US SEC chairman Coindesk
- ECB, EC clash on MiCA changes over US crypto policies Coindesk
M&A and property
- Parkway Life REIT to divest Malaysian property for RM20m Edge
- Southern Steel sells 55% of steel mesh unit to SGX-listed BRC Asia Edge NST Star
- Free float issue surfaces at Great Eastern AGM Edge
- Sumitomo, SBI to take stakes in Vietnamese FPT’s cloud unit Edge
- China’s CMOC agrees to buy Canada’s Lumina Gold for USD420m Edge
- Toyota, Daimler nearing merger of truck units Edge
- UBS to sell Indian onshore wealth business, take 5% stake in partner Star
- Advisory firms Baker Tilly and Moss Adams set to merge in USD7b deal Edge
- UniCredit says BPM decision in limbo over govt conditions Edge
- Swiss insurers Helvetia and Baloise to merge to create top 10 company Edge Star
- USD50b finance deals defy global M&A gloom Edge
Malaysian financial market news
- BNM international reserves were USD118.4b on 15 Apr Edge NST Star
- Malaysia should brace for potential US recession, China slowdown Edge NST Star
- Transport Ministry floats plan for phased 30% increase in port tariff Edge NST
- Intel, Oracle raise concerns over US tariffs with PM Edge
- US tariffs on solar threaten to phase out Chinese solar panel makers Edge Star
- EC urged to recognise MSPO for compliance with EUDR Edge
- China’s local consumption boost to ease pressure on Malaysian exports Mail
- Malaysia, Indonesia align halal strategies to tap USD5t global market Mail
- Petronas Chemicals’ Pengerang commercial ops commenced in Nov 2024 Edge
- Zhejiang Jingxing Paper invests RM1.9b to expand operations Edge NST Star
Asian financial market news
- LG Energy pulls out of USD8.5b Indonesian EV battery project Edge NST
- Thai PM says US tariff negotiations postponed to review issues Edge NST
- Vietnam PM says US trade talks should not hurt other markets Edge
- Vietnam cracks down on fraud on US exports Edge NST
- Brazil becoming key market for Vietnam’s seafood exports Star
- Trump’s tariffs risk pushing Cambodia further into China’s embrace Edge
- Trump tariffs reinforce Asean as neutral hub for rest of world Edge
- The spectre of deglobalisation and its impact on Asean Edge
- China trade immune so far to tariffs with growth pickup in Apr Edge
- China alumina exports surge to 7-year high on widening glut Star
- US beef booted from Beijing menus as trade war sizzles Mail
- China accelerates opening-up of service sector Star
- China urges UK and EU to uphold multilateral trade in face of US tariffs Edge
- Volkswagen plans exports from China to Asia, South America, Middle East Edge
- China ups business charm offensive towards Taiwan alongside pressure Edge NST
- Ishiba pens letter to Xi as Japan aims to avoid trade crossfire Edge
- Japan sees little scope for grand deal on yen in talks with US Edge NST Yahoo
- IMF cuts Japan’s growth forecast as Trump tariffs bite Yahoo
- Yen strengthens past key level of 140 per dollar Star
- South Korea’s acting president expects positive outcome from trade talks Edge NST
- South Korean exports down 5.2% in first 20 days of Apr Star
- India under tariff pressure to give Amazon and Walmart full market access Edge
- Air India keen to take Boeing jets refused by China airlines Edge Star
- Vance calls for closer US-India ties as trade talks progress Edge
- India’s small steel mills pause job cuts after measures to curb Chinese imports Edge
- India’s Modi to meet Saudi crown prince to talk trade, oil Edge NST
- Pakistan will allow rupee to gradually weaken Edge
Other financial market news
- US bank regulator FDIC lays out plans for 20% staff reduction Edge
- US millionaire tax to generate USD400b in revenue over a decade Edge
- NY Fed finds Americans trimming back wage expectations for new jobs Edge
- Fed’s Kashkari says too soon to judge interest rate path Yahoo
- Fed’s Kugler, citing inflation risks, supports steady policy rate Yahoo
- Central bankers disagree with Trump on inflation Yahoo
- Firing Fed Chair Powell would backfire on Trump Yahoo
- Trump looking at cutting US drug prices to international levels NST
- Bessent sees de-escalation with China, saying the goal isn’t to decouple Yahoo
- Trump meets with US retailers to discuss tariffs Edge
- List of foreign companies eyeing US expansion to lessen fallout from tariffs Edge
- Roche to invest USD50b in US to avoid tariffs, create 12k jobs Edge
- From meat to grains, trade war is boon to Brazil, Argentina Edge
- Spain plans to hike defence spending to 2% of GDP this year Edge
- Russian central bank expected to keep key rate on hold at 21% Yahoo
- AI economic gains likely to outweigh emissions cost Edge
- IMF cuts growth forecasts for most countries Edge Yahoo
- Tariffs affect tanker rates Star
- Port sector likely to face challenges Star