Capital markets news | Wed 30 Apr 2025
Equity
- Eco-Shop launches Malaysia’s largest IPO in 8 months at RM1.21 Edge Mail NST Star
- WTEC closes below IPO price in ACE Market debut Edge NST
- Propel Global takes up 6.5% of Reservoir Link via private placement Edge
- EY flags Olympia Industries’ going concern uncertainty Edge
- Pharmaniaga’s auditor flags going concern uncertainty Edge Star
- India’s USD489b equity rally is winning back global funds Edge
- Hedge funds venture back to markets to buy bank shares Yahoo
- Britain’s banking stability watchdog stops short of daily liquidity monitoring Edge
- Norway wealth fund CEO looks to real estate, renewables Edge
- Oil’s rarest smile fascinates Morgan Stanley as glut looms Edge Yahoo
- CPO prices to average RM4,200 a tonne in 2025 Edge
Debt and money markets
- Ratings of 5 entities upgraded with new criteria for group support, GLEs RAM
- SP Setia’s sukuk assigned preliminary ratings MARC Edge NST Star
- Sinar Kamiri’s rating outlook revised to positive MARC
- Sime Darby Property raises RM800m from sukuk at record-low cost Edge NST Star
- Genting Plantations issues RM300m sukuk Star
- IHH Healthcare secures SGD300m sustainability loan from UOB Edge Star
- Evergrande chair refuses to disclose assets Edge
- Google parent Alphabet kicks off sale of debut euro bonds Edge Yahoo
- Boeing removed from credit watch by S&P in turnaround boost Edge
- Wall Street banks sell final portion of Elon Musk’s X debt Yahoo
- UK considers breaking GBP2b aid promise to the World Bank Edge
Digital assets
- MyEG, MIMOS launch blockchain infrastructure Edge
- Bitcoin edges above USD95k as analyst warns of blind market Coindesk
- USD212m bitcoin spoofing order caused chaos for traders Coindesk
- BlackRock’s IBIT sees second-largest bitcoin inflow since launch Coindesk
- Solv unveils first shariah-compliant bitcoin yield offering Coindesk
- Circle wins regulatory nod from Abu Dhabi watchdog Coindesk
- SIGN rises 60% on Upbit listing despite slow start on Binance Coindesk
- Arizona may become first US state to set up crypto reserve Coindesk
- Fintech SoFi plans crypto services by year end Coindesk
- Prosecutors seek 20-year prison term for Celsius founder Yahoo
- UK govt targets exchanges, stablecoins with crypto rules Coindesk Cointelegraph
- Bots and humans battle for blockchain supremacy Cointelegraph
Malaysian financial market news
- Short-term rates to remain stable on BNM operations NST
- BNM appoints 2 new members to Shariah Advisory Council Edge Mail NST Star
- General insurance written premiums grow 6.8% to RM23.1b NST
- Govt loses RM730m revenue a month due to late SST expansion Edge Star
- Digital initiatives secure RM16.2b investments in 4 months NST
- Miti deputy sec-gen appointed chief negotiator for US tariff talks Edge
- Malaysia, US to resume trade talks after productive meeting NST
- Malaysia to foster stronger ties with Italy, EU Star
- Malaysia ranks first globally in open data inventory for 2024/25 Edge
- Inflation at slower rate of 1.8% in 2024 NST Star
- Nasi lemak price jumps 81% in 13 years, higher than inflation rate Edge
- Malaysians spending more on travel despite economic slowdown Edge
- Malaysia, Asean step up AI security amid rising cyber threats NST
- KL’s prime office market continued to improve in 1Q Edge
- Petronas and Commonwealth LNG in talks for term supply Edge
- ConocoPhillips quits Sarawak project amid state’s row with Petronas Mail NST
Asian financial market news
- AI ignites Southeast Asia’s tech boom as Gitex Asia debuts in Singapore NST
- Indonesian mining companies court US investments Star
- BYD breaks ground on Cambodian car factory Edge
- China holds off on new stimulus, shows composure in US trade war NST Star
- China vows to stand firm, urges nations to resist bully Trump Edge
- China waives tariffs on US ethane imports Edge
- China says willing to cooperate with US after Boeing spat Edge Mail NST
- China ramps up global yuan push, seizing on retreating dollar Edge
- China’s Xi pushes AI and global south opportunity amid US trade war Mail
- Japan worries Trump tariffs will push countries toward China Edge
- Japanese automakers to use Chinese EV technology Star
- Tariff war shows Asian nations need new trade partners Edge
Other financial market news
- Australia’s economic miracle coming to an end Star
- New Zealand 2025 spending budget shrinks as economic growth slows NST
- Dollar on track for biggest 2-month fall in more than 2 decades Mail
- US job openings decrease to lowest level since Sep Edge
- US consumer confidence slumps to an almost 5-year low Edge
- US Congress wrestles with Trump tax bill, aims to finish by 4 Jul Edge Star
- Trump administration withholding USD436.87b in approved spending Edge
- USD6b shortfall has US mass transit facing death spiral Yahoo
- Record US goods-trade deficit implies weaker first-quarter GDP Edge
- Trump to sign order granting some auto tariff relief Edge NST Star Yahoo
- Trump predicts China would eat tariffs, lessening US impact Yahoo
- How do the US’ trade partners stack up as negotiations begin? Edge
- Amazon denies plan to disclose cost of US tariffs on its website Edge Yahoo
- Australia’s Woodside approves USD17.5b US LNG project, targets 2029 start Edge
- Crafty US state shows how to thrive under Trump Star
- UPS plans to cut 20k jobs this year after Amazon pullback Edge NST
- Pentagon fails to audit F-35’s inventory Edge
- Chile’s Codelco Apr copper output up, sees strong US and China demand Yahoo
- UK food prices rise most in 15 months as tax hike starts Edge NST
- UK business morale drops as concerns over tariffs, economy mount Yahoo