Capital markets news | Tue 6 May 2025
Equity
- West River ends ACE Market debut 5% below IPO price Edge NST Star
- U Mobile mulls IPO at RM11b-RM12b valuation Edge
- Foreign investors net bought RM853.8m on Bursa last week Edge NST Star
- Malaysian online commerce and content firm Nuren plans Nasdaq listing Edge
- SGX delistings mount amid poor trading liquidity Star
- China’s Ant Group plans to list overseas unit in Hong Kong Edge
- Saudi packaging manufacturer United Carton IPO draws USD20b orders Edge
- Retail trading platform eToro targets USD4b valuation in US IPO Edge
- Tech stocks are still the place to be Yahoo
- Carlyle actively looking for investments Yahoo
- Gold moves close to USD3,300 prior to Fed rate decision Yahoo
- Barclays lowers crude oil forecast Star
Debt and money markets
- PLSUKE’s ratings affirmed with stable outlook MARC
- Evergreen Max Cash gets RM40m loan from CIMB Edge
- Govt pledges RM1.5b guarantees, financing against US tariffs Edge
- Malaysia to outperform peers despite global headwinds Edge NST
- Moody’s sees key risk to Malaysia credit rating from tariffs Edge
- Asean+3 reaffirm strengthening financial stability via bond markets NST
- China plans bond issuances to fund infrastructure, subsidies Star
- Apple selling corporate bonds for first time since 2023 Edge
- Citi restarts business of lending to buyout funds after retreat Edge
- US finance executives see private credit added to investor portfolios Yahoo
- Bond investors stick to neutral stance ahead of Fed meeting Yahoo
Digital assets
- Bitcoin likely still rat poison at Berkshire Hathaway Coindesk
- Bitcoin treasury firms’ dry powder could push prices up significantly Coindesk
- Bitcoin to see additional USD330b of corporate treasury inflows by 2029 Coindesk
- Bitcoin could slide to USD90k as traders eye Fed meeting Coindesk
- What will bitcoin price be if gold hits USD5k? Cointelegraph
- Ethereum preps for biggest code change with Pectra upgrade Coindesk
- Tokenization is having its breakout moment Cointelegraph
- US crypto market structure bill unveiled by House lawmakers Coindesk
- US Treasury sanctions Burmese militia over pig butchering Coindesk
- Australian crypto industry urges law reforms Cointelegraph
M&A and property
- Gamuda sells land for RM455m to Google affiliate Edge NST Star
- Gold Fields snaps up Australian rival in USD2.4b deal Edge Star
- Skechers to be taken private for USD9.42b in biggest footwear deal Edge Yahoo
- Trump will extend TikTok deadline if no deal reached by 19 Jun Edge
- Sunoco to buy Canadian fuel seller Parkland for USD9.1b Edge
- Peabody says mine fire threatens USD3.8b Anglo deal Edge
Malaysian financial market news
- BNM to adopt dovish stance in upcoming MPC meeting NST Star
- Economists lower Malaysia’s GDP growth forecast to 4.5% Star
- Malaysia likely to miss 2025 investment targets Star
- Manufacturing growth likely to ease slightly Star
- Mar record trade growth may not hold NST
- Steel industry calls for urgent govt action to address issues Edge
- AFAM warns against turning Malaysia into transshipment hub NST
- MITI to issue certificates of origin for exports to US Edge NST Star
- SMEs ask govt to expand US tariff relief efforts Edge Star
- PayNet unveils Malaysia’s first fintech-focused hub NST Star
- Japanese companies target decarbonisation, healthcare sectors Mail NST
- Ekovest gets govt approval for 2 links to DUKE Edge Star
Asian financial market news
- Indonesia’s 1Q GDP growth slowest in more than 3 years Edge Star
- Indonesia seen to cut rate twice this year amid US tariff talks Edge
- Vietnam keeps growth target at 8% despite tariff challenges Edge
- Asean manufacturing sector deteriorates for the first time in 16 months Edge Star
- Strategists optimistic on China Yahoo
- Taiwan says no exchange rate tariff talks with US Edge
- Taiwan dollar surges most since 1988 over trade deal speculation Edge
- Kato clarifies Japan won’t use Treasuries card in trade talks Edge Star
- Adani aides meet Trump team to push for end to US bribery case Edge
- Asian finance chiefs call for regional unity amid tariff talks Edge
- Dollar’s decline is fuelling dislocations across Asian FX Yahoo
Other financial market news
- Macquarie CEO says Australia economy resilient despite tariffs Edge
- Rapid AI adoption worries New Zealand central bank Star
- Growth at US service providers picks up after slumping in Mar Edge
- Trump orders 100% tariff on foreign-made movies to save Hollywood Edge NST Star
- Trump suggests some trade deals may come as soon as this week Edge Star
- Trump says he’s willing to lower China tariffs at some point Edge NST
- Trump wants fair trade deal with China NST
- Trump rules out firing Powell while pushing him to cut rates Edge NST
- US lawmaker targets Nvidia chip smuggling to China with new bill Edge
- NASA chief nominee favours fixed-price contracts Edge
- Big Four accounting firm PwC to slash about 1,500 jobs in US Edge
- Mexico inflation rate seen rising in Apr but within target range Yahoo
- Bank of England poised to cut rates as fears grow over impact of Trump tariffs Yahoo
- German official opposes tariffs, calls for stronger economic ties with China NST
- Swiss inflation drops to zero as SNB considers more rate cuts Edge
- EU set to propose banning Russian gas imports by end of 2027 Edge Star
- Global economy already feeling drag from Trump tariffs Star