Capital markets news | Thu 8 May 2025
Equity
- PMCK’s ACE Market IPO underwritten by Malacca Securities Edge NST Star
- Pan Merchant’s ACE Market IPO underwritten by Affin Hwang Edge NST Star
- Capital A gets shareholders’ nod for plan to uplift PN17 status Edge
- China to nurture firms with Buffett-style investing approach Edge
- China’s Xpeng to consider flying car IPO in Hong Kong or US Edge
- China keeps on adding gold to reserves as challenges stack up Edge
- Indian exchanges BSE, NSE curb overseas access to their websites Edge
- Citi urges investors to stick with US despite economic slowdown Edge
- Visa invests in stablecoin payment infrastructure startup BVNK Coindesk
Debt and money markets
- QSP Semenanjung’s sukuk AA- rating affirmed MARC
- PNB to renew exchangeable bond sale plan Edge Star
- Affin gets A3 international credit rating from Moody’s Edge Star
- CreditSights flags Genting’s Empire Resorts takeover as credit negative Edge
- Jakarta bids to convert more debt to rupiah Star
- China earmarks special bonds for data infrastructure Star
- Private credit firms eye new funds for Hong Kong property Star
- Taiwan’s currency shock splits insurers on how to hedge US bonds Edge
- Australian funds should invest more in credit Star
- HSBC launches Trump tariff loan to cover clients’ import costs Edge
- Traders bet it will take longer for Fed to start cutting rates Yahoo
- Private credit players see golden moment Star
- US student loan rate set to be 6.39%, extending borrower squeeze Edge
- Bitcoin payments app Strike to offer bitcoin lending Coindesk
- UK market volatility adds to bets BOE will pause bond sales Edge
Digital assets
- Fed stagflation risk signal could be bullish for bitcoin Coindesk
- Bitcoin accumulation strengthens as it approaches key resistance Coindesk
- 2 chart patterns mirror bitcoin’s rally to USD109k Coindesk
- ETH could recover if Pectra upgrade leads to surge in network activity Cointelegraph
- Robinhood developing blockchain-based program to trade US securities Coindesk
- Revolut to launch bitcoin payments for Europe users through Lightspark Coindesk
- Crypto spending will grow, but fiat isn’t going anywhere Cointelegraph
- SocialFi has failed to take off Cointelegraph
M&A and property
- Pavilion REIT unitholders approve RM480m hotel acquisitions Edge Star
- Sarawak Cable to sue liquidators over asset disposal Edge
- SCRB acquires Sarawak land for RM5.6m Star
- Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q Edge Mail NST
- China’s Geely offers to privatise Zeekr for USD2.2b Edge NST
- Toyoda hires bankers for USD42b buyout of Toyota Industries Edge
- Samsung Electronics acquires Masimo’s audio business for USD350m NST
- New Zealand Hotel divests hotel portfolio Edge
- Strive, Nasdaq-listed Asset Entities merge into bitcoin treasury company Coindesk
Malaysian financial market news
- Mixed outlook ahead of BNM’s OPR announcement today Star
- SC charges businessman with RM3m investment fraud NST Star
- Malaysia imposes anti-dumping duties on PET polymer imports Star
- SST exemption sought for maintenance fee, sinking fund Edge Mail NST
- Palm oil prices to hit 2-year low at RM3,500 in Jun-Nov Edge
- AZRB’s East Klang Valley Expressway Package 1 to be completed in Jul Edge
- US firm Equinix completes second phase of data centre in Cyberjaya Edge NST
Asian financial market news
- Singapore GasCo set up to centralise country’s natural gas supply Edge
- Prabowo’s transition pains emerge as drag on Indonesian growth Edge
- Thailand turns to South Korea for USD30.5b land bridge Star
- Philippines seeks to establish lower digital transaction fees Star
- China’s factories start to imagine world without American buyers Edge
- Nvidia CEO says Chinese AI market on course to hit USD50b Edge
- US, China to hold trade talks in Geneva on Saturday Edge NST Star Yahoo
- China and Russia put stalled gas pipeline on agenda in Moscow talks Edge
- China signals India levy is a warning on cutting deals with US Edge
- China taps new animal feed sources after falling out with Canada Edge
- China’s economic rescue plan stalled by wariness over tariffs Edge
- China cuts key rate, reserve ratio Edge Mail NST Star Yahoo
- Hong Kong dollar interest rate falls most since 2008 after intervention Edge
- Taiwan’s bike exports face bumpy ride amid US tariff chaos Mail NST
- South Korea presidential hopeful Han vows to create AI ministry Edge
Other financial market news
- Australia’s Aurizon flags 200 job cuts Edge
- Australian regulator cracks down on Macquarie over compliance failures NST
- New Zealand’s softer jobs growth, wage inflation point to rate cuts Star Yahoo
- Fed holds rates steady over unemployment, inflation risks Coindesk Yahoo
- Fed’s inflation fears are misplaced Yahoo
- Bessent expects 1Q GDP data to be revised upwards Star
- Trump administration to replace Biden’s AI chip export curbs Yahoo
- Trump declines to soften tariffs with US-China trade talks set to begin Yahoo
- Trump downplays trade negotiations, says he’ll dictate terms Edge
- US could announce trade deals with some countries this week Star
- Trump drug price idea could cost industry USD1t Edge
- Impact of tariffs on American carmakers Edge
- Republicans to pay for Trump tax cuts with sales of public land Edge
- IRS lost 31% of tax auditors in DOGE downsizing Yahoo
- Google cuts about 200 staff in global business unit Yahoo
- Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite Edge
- CrowdStrike cuts 500 jobs as cyber firm works to lift sales Edge
- Columbia University lays off 180 researchers due to funding cuts Edge
- Brazil central bank hikes rates to near 20-year high Yahoo
- China’s BYD, Tsingshan scrap plans for Chile lithium plants Star
- Harbour Energy to slash its UK workforce by 25% Edge
- British minister dismisses selling out claims in India trade agreement Mail
- Bank of England set to cut rates amid worries about Trump tariff fallout Yahoo
- Sweden core inflation trails forecasts, adding rate cut bets Edge
- Czech central bank cuts key interest rate to 3.5% as inflation falls Yahoo
- EU to hit Boeing, US cars with tariffs if trade talks fail Edge NST
- ECB backs compromise over trading rules that divided banks Edge
- Major central banks’ easing push slows to a trickle in Apr Yahoo