Capital markets news | Tue 3 Jun 2025
Equity
- ACE market-listed Master Tec moving to Bursa’s Main Market NST Star
- Alliance Bank’s RM600m rights issue receives strong shareholder approval Star
- AirAsia X, Capital A extend deadline to 31 Jul to finalise RM1b placement Edge
- Heaviest foreign buying since 2021 boosts FBM KLCI Edge
- Loss-making LYC Healthcare falls under GN3 status Edge
- SC adds 41 stocks to list of shariah-compliant securities, removes 9 Edge Star
- Bank Islam stands alone as finance sector lags in Syariah compliance NST
- Singapore’s appeal as a safe haven rises Star
- Chinese listing spree sparks revival hopes in Hong Kong stocks Edge Star
- South Korea’s largest pension fund plans to buy more foreign stocks Edge
- Baby Shark creator Pinkfong applies for IPO in South Korea Edge
- Circle eyes USD7.2b valuation in upsized IPO amid strong demand Coindesk Yahoo
- Chime chases USD11b valuation in IPO set for next week on Nasdaq Yahoo
- Starlab developer Voyager seeks USD1.6b valuation in US IPO Yahoo
- Vanguard files for new ex-China emerging markets ETF Yahoo
- US bigger bubble shift may ignite stocks, says BofA’s Hartnett Edge
- Strive secures USD750m to kick off bitcoin treasury business Yahoo
- ARK 21Shares Bitcoin ETF to undergo 3-for-1 share split Yahoo
- Crypto issuer 21Shares filed for ETF that would hold SUI Yahoo
- Polygon co-founder says no plans for ETF Yahoo
- Grayscale filed with SEC for quantum computing ETF Yahoo
- Neuralink raises USD650m in latest funding as clinical trials begin Yahoo
- Venture fund WndrCo co-led USD15.5m Series A for Creatify Yahoo
- Andreessen Horowitz in deal talks valuing Abridge AI at USD5.3b Yahoo
- Goldman eyes biggest fund yet to snap up discarded buyout stakes Yahoo
- Europe’s stocks dominate world markets as US trade war backfires Edge
Debt
- WCT Holdings’ outlook revised to positive MARC
- TNB Western Energy’s AAA rating affirmed MARC
- Grand Sepadu’s rating upgraded to AA MARC
- CIMB Group’s ratings affirmed MARC
- CIMB Islamic’s ratings affirmed MARC
- CIMB Bank’s ratings affirmed MARC
- U Mobile appoints CIMB as loan coordinator for RM4b 5G funding Edge Mail NST
- Asia’s first gold-backed securitised pawn loan bonds test thirst for gold Edge
- Malaysia’s gross credit growth steady in Apr Edge
- New World seeks more banks to join up to USD2b loan Edge
- New World’s distress worsens after delay on bond interest Edge
- Taiwan central bank says US debt is sound Yahoo
- Bitcoin, bonds and the rising influence of Japan’s yield curve Yahoo
- Trump tariff reprieve could create more risk in Treasury market Star
- Dimon says crack in the bond market is going to happen Edge Mail Yahoo
- US Treasuries set for first monthly loss of 2025 on deficit woes Edge
- Treasuries extend May slump as tariff concerns cloud outlook Yahoo
- Long-bond revolt stalls 60/40 revival Star
- Why Scott Bessent wants to make it easier for banks to own Treasurys Yahoo
- xAI launches USD5b debt sale, seeks USD113b valuation Yahoo
- HSBC to inject USD4b into its private credit funds Edge Yahoo
Digital assets
- Bitcoin stalls at USD105k as analyst says market looks overheated Yahoo
- Bitcoin traders target USD100k and under Cointelegraph
- BlackRock’s bitcoin ETF draws record inflows during May’s rally Edge
- Meta shareholders reject bitcoin treasury strategy proposal Coindesk
- Riot taps data centre veteran to expand beyond bitcoin mining Coindesk
- How to use index funds and ETFs for passive crypto income Cointelegraph
- Tokenised securities trading venue 21X adds Circle’s USDC stablecoin Coindesk
- Stablecoin protocol USDT0 aims to bring tokenised gold closer to DeFi Coindesk
- USD302m lost to crypto scams, hacks and exploits in May Coindesk
- BitoPro confirms USD11.5m exploit, says withdrawals unaffected Cointelegraph
- UK-listed IG offers spot crypto trading to retail customers Coindesk
- The machine economy has arrived and bots have wallets Cointelegraph
- SEC flags concerns on crypto ETFs offering staking rewards Edge Yahoo
- SEC faces criticism over crypto staking shift Cointelegraph
- New Hampshire tops list of most crypto-friendly US states Coindesk
- National Science Foundation funding cuts threaten crypto research Coindesk
- Singapore orders local crypto firms to cease overseas activity Cointelegraph
M&A
- JF Technology completes buying 80% of Singapore’s Q3 Probe for RM6m Edge
- Jaya Tiasa purchases development land in Sarawak for RM100m Edge NST
- NSK Grocer buys retail mall in Petaling Jaya for RM25.85m Star
- LSH buys Titiwangsa land for serviced apartment project for RM17.4m Star
- Takeover rules draw fresh scrutiny Star
- Delisting with duty, upholding investor confidence Star
- Zeekr investors hit out at Geely’s USD2.2b privatisation plan Mail
- Australia says US not making demands over Chinese-owned port Edge
- Trump hails Nippon Steel as great partner as deal awaits approval Edge
- Ethereum giant Consensys buys wallet infrastructure provider Web3Auth Coindesk
- Alphabet stock could fall 25% if judge orders Google Chrome divestiture Yahoo
- Merck held talks to buy Swiss biotech MoonLake for over USD3b Yahoo
Malaysian
- Rate cut on the horizon Star
- Headline inflation unchanged at 1.4% in Apr Mail NST Star
- Alliance Bank expects OPR to remain at 3% amid stable economic growth Edge
- Short-term rates set to remain stable on BNM operations NST
- International reserve assets at USD118.7b at end-Apr Star
- External headwinds to weigh on Malaysia’s GDP growth in 2025 RAM
- MACC seizes RM85.6m in assets over alleged highway sukuk fund misuse Edge
- MACC found RM20m from highway sukuk misappropriated for gambling Edge
- Tan Sri, 2 others arrested in MBI crackdown, RM500m assets frozen Edge
- Sarawak Energy partners Japan’s JBIC for renewable energy, Asean grid Edge
- Dubai’s MBS Global eyes Johor for tech, finance investment expansion NST
- ECRL to reach 90% completion by Dec Edge
Other markets
- Fed’s Waller outlines path to rate cuts later this year Edge Star
- Morgan Stanley sees dollar falling 9% on slowing US growth bets Edge
- US life insurers shifted USD800b offshore from 2019 to 2024 Yahoo
- White House preparing to ease rules for big banks Edge
- Revenge tax in Trump’s big bill alarms Wall Street Edge
- Trump spurs questions about safety of Germany’s gold in New York NST
- Inflation dips below 2% in Italy and Spain, backing ECB rate cut Edge
- ECB’s Panetta suggests inflation is almost defeated in eurozone Edge