Capital markets news | Fri 25 Apr 2025
Equity
- ICT Zone’s ACE Market IPO underwritten by Malacca Sec, Kenanga Edge
- Bursa investigates reports of hacked trading accounts NST Star
- Reach Energy to be delisted from Bursa on 29 Apr NST
- Vietnam funds capitalise on opportunities Star
- Citi says good time to accumulate Chinese property stocks Edge
- Zhipu AI ramps up overseas expansion strategy ahead of IPO Edge
- Criminals hijack online brokerage accounts in Japan to drive up penny stocks Star
- Jefferies’ Wood says best over for US stocks, sees more losses Edge
- Was that a dead cat bounce? Yahoo
- Norway wealth fund posts USD40b 1Q loss on tech weakness Edge Star
- Trump agenda drives record outflows from global sustainable funds Yahoo
Debt and money markets
- Market bets BNM rate cut is coming Edge Mail Star
- Short-term rates likely to stay steady as BNM absorbs excess liquidity NST
- AmInvestment Bank forecasts rising credit costs Edge
- Malaysia Exim Bank pulls out of Toyo’s Vietnam power plant financing Edge
- Vietnamese banks ramp up infrastructure lending Star
- Asian Development Bank disbursed USD4.9b to Southeast Asia in 2024 Edge
- China kicks off special bond sale as tariffs threaten growth Edge
- Huawei raises record USD2.7b in Chinese debt issuance spree Edge
- Foreign appetite for emerging market bonds likely to be weak Edge
- Japanese investors turned net buyers of overseas bonds last week Yahoo
- Neither China nor Japan responsible for selling US Treasuries Yahoo
- Even US bonds are falling behind the rest of the world Investors
- Morgan Stanley to sell final USD1.23b of X buyout debt Edge Yahoo
- Mortgage rates remain around 6.8% as market volatility lingers Yahoo
- Debt risks rising for low-income countries as uncertainty mounts Edge
Digital assets
- Bitcoin’s next big resistance is USD95k Cointelegraph
- Trader predicts USD100k bitcoin short squeeze Cointelegraph
- Traders bet big on USD110k by Jun as bitcoin dominance grows Coindesk
- Bitcoin supply on exchanges falling due to public company purchases Cointelegraph
- CME to roll out XRP futures as interest, adoption grow Coindesk
- Coinbase waives fees on PayPal’s stablecoin in crypto payments push Edge Coindesk
- PayPal will offer 3.7% yield on PYUSD to boost usage Cointelegraph
- Cantor teams up with Tether, SoftBank for USD3.6b crypto venture Edge
- Global tokenised real estate market could explode to USD4t by 2035 Coindesk
- Fed joins OCC, FDIC in withdrawing crypto warnings for US banks Coindesk
- Binance billionaire Zhao guides regulators to relax crypto rules Edge
M&A and property
- Binastra buys 40.8% of thermal energy firm LF Lansen for RM15m Edge NST Star
- Chin Hin completes 12.27% stake buy in Ajiya for RM54.2m Edge
- IJM completes acquisition of troubled UK builder for RM283m Edge NST Star
- Hong Kong bourse operator to shift headquarters in USD812m deal Edge
- Ben & Jerry’s ice cream not for sale Edge
- Lions Gate shareholders approve split of studio and Starz business Edge
Malaysian financial market news
- Inflation may rebound after Mar slowdown Edge NST Star
- Growth forecast needs to be revised down Edge NST Star
- Lower fiscal deficit of 3.8% of GDP may not be achieved Star
- Malaysia remained 9th largest global exporter of high-tech products in 2023 Edge
- Malaysia risks RM11.6b loss without swift trade action NST
- Online sellers bombarded with ways to evade tariffs Edge Mail Star
- Malaysia poised to capitalise on rare earth opportunities Edge
- Mobile phones, TVs and radios reach 99.5% of households Edge
- Loke approves turning Port Klang cruise terminal into transshipment hub Edge
- TNB doubles capex to RM42.9b to back energy transition efforts Edge NST Star
- 6 nabbed over false claims involving RM15m Edge
Asian financial market news
- Thai export growth at 3-year high in Mar Edge
- Chinese business in Vietnam struggles with Trump tariffs uncertainty Mail
- Tariffs to weigh on growth of Asean+3 region Edge
- China says US should revoke all unilateral tariffs, denies talks Edge
- Xi commits China to tougher climate targets as US retreats Edge
- Chinese retailers up effort to help out exporters Star
- Chinese exporters say domestic market offers little relief Mail
- China’s vice premier calls on government to support businesses Edge
- China cancels 12k tons of US meat shipments Yahoo
- Sinopec resumes Russian oil purchase after short pause amid sanctions risks NST
- Xi seeks detente with Europe as Trump tariffs alienate bloc Yahoo
- Taiwan’s TSMC says cutting-edge A14 chip tech to start production in 2028 Edge
- Taiwan plans USD12.6b special budget for US tariffs impact NST
- Japanese assets draw record inflows in sign funds are leaving US Edge
- Bessent says no currency targets sought in Japan talks Edge Yahoo
- US told Japan it could not give special treatment regarding tariffs NST
- IMF expects BOJ to delay further rate hikes due to tariff uncertainty NST Yahoo
- BOJ’s Ueda keeps rate-hike pledge Yahoo
- Nvidia supplier SK Hynix warns of turbulence from US tariffs Edge NST
- South Korea’s GDP fell 0.1% in 1Q Mail NST
- South Korea, US aim for package of deals before tariff pause ends in Jul Yahoo
- Asian central banks have space to ease rates to mitigate US tariff hit Edge
- Cheap Chinese goods may prove very disruptive to Asia Edge
Other financial market news
- Analysts game out use of Fed toolkit if market needs central bank’s help Edge Yahoo
- Hammack sees more runway for US Fed balance sheet cuts Edge Yahoo
- Fed’s Waller says he’d support rate cuts if tariffs drive job losses Edge
- Fed officials argue for patience while gauging tariff impact Yahoo
- Republican task force chief wants to shield Fed from political influence Yahoo
- US labour market holds steady despite darkening clouds from tariffs Edge
- Dollar has further to fall, says Goldman Sachs chief economist Edge
- US capital goods orders barely rise amid caution over tariffs Edge
- US asset seizure, forced debt swap not credible threat Edge
- Trump trade war spreads more gloom across businesses Edge
- Trump administration could ease tariffs targeting auto industry Edge Star
- WTO chief stresses need to learn from history on import substitution NST
- Third Boeing jet returns from China Edge Mail NST Star
- Southwest Airlines highly impacted by tariffs Yahoo
- Trump moves to ramp up deep-sea mining for critical minerals Yahoo
- Trump says millionaire tax would push wealthy to leave US Edge Star
- White House discussing lifting sanctions on Nord Stream 2 pipeline Edge
- US existing home sales fall by most since 2022 on rates, prices Edge
- Median US CEO pay hits record USD16.8m on soaring stock awards Edge
- Top Goldman banker, property billionaires add to UK wealth exits Edge
- Finland plans to cut corporate tax to 18% from 20% NST
- ECB’s Villeroy says further rate cuts expected Star
- Workers could save 122 hours a year by adopting AI in admin tasks Yahoo
- Global container shipping volume to fall 1% on Trump trade policies Yahoo
- Global unity key to resisting US trade tactics Star