Capital markets news | Mon 7 Jul 2025
Do you know?
- Global Economic Events: China is implementing targeted stimulus as June’s Caixin Manufacturing PMI climbed to 50.4, signifying a return to growth, while official PMI remains subdued. Authorities have injected liquidity, launched a CNY500 billion relending facility and eased policy, yet are holding off on larger deficit spending.
Equity
- A1 AK Koh’s ACE Market IPO oversubscribed 0.11 times Star
- Furniture-fitting trading firm TeamStar files for ACE Market IPO Edge
- Family-run piping company ISF Group files for ACE Market IPO Edge
- Mudajaya to raise RM25.96m via private placement Edge
- Local giants step up as foreign funds retreat NST
- Dual listing – to do or not to do Star
- MYStartup Accelerator channels RM5.5m into local startups Edge Star
- Thai bourse looking to improve liquidity to ease stock rout Edge
- Australia’s Goodman creates USD2.7b group to invest in HK data centres Edge NST
- Taiwan mulling tougher forex rules for foreigners buying stocks Edge
- Japan’s USD1.7t fund boosts ESG holdings as others flee Edge
- Indian regulator accuses Jane Street of market manipulation Edge NST
- S&P 500 a touch away from triggering sell signal Edge
- Investment firm Azoria postpones Tesla ETF Mail NST
- Quant funds reap gains amid volatile market Star
- Citigroup’s Sieg says rich clients diverting from US to UK Edge
- Tariffs hit European IPOs as funds keep flowing Star
Debt
- Ideal Water Resources’ RM255m Tranche 2 sukuk assigned final AA2 rating RAM
- Pujian Bayu’s AA3 issue rating affirmed RAM
- TRIplc Ventures’ AAA(bg) issue rating affirmed RAM
- AEON Credit’s AA3 senior and A1 subordinated sukuk ratings affirmed RAM
- IGB REIT’s RM1.2b second tranche MTN AAA rating affirmed RAM
- SP Setia’s issuances ratings affirmed MARC
- Agrobank allocates RM50m for microfinancing via AgroPintar programme NST
- Deutsche, HSBC, SeaTown to join Vingroup’s Vincom Retail loan Edge
- South Korea’s slow growth risks credit downgrade Star
- India warming to larger private credit investments Star
- US mortgage rates drop for fifth straight week Yahoo
- Starmer crisis shows UK still lives at mercy of the bond market Star
- BRICS to launch guarantee fund to boost investment in member nations Edge
- Insurance-linked securities go parametric Star
Digital assets
- Bitcoin cash rally on whale activity and bullish technical signals Coindesk
- USD8b bitcoin movements preceded by covert cash test Coindesk Cointelegraph
- Bitcoin treasury playbook faces far shorter lifespan Cointelegraph
- Secret service seizes USD400m in crypto Cointelegraph
- Bank of Canada identifies technical path for retail CBDC Coindesk
- In stablecoins we trust? Not without rules Star
- Ex-ECB official urges Europe to back euro stablecoins Coindesk
- Crypto’s path to legitimacy runs through the CARF regulation Cointelegraph
M&A
- Edelteq buys 24% of Solid Point for RM20.7m Edge
- Kim Hin gets 85 sen privatisation offer from chairman, family Edge
- Felda now owns 89% of FGV, closing date extended to 15 Aug NST Star
- LB Aluminium acquires industrial land in Banting for RM22m Star
- Indonesia’s Panin Bank stake sale stalls over pricing mismatch Edge Star
- Saudi Aramco considers power assets sale to raise billions Edge NST
- Kuwait Investment Authority sells USD3.4b AIA stake Edge
- US will start talks with China on TikTok deal on Mon or Tue Edge
- Vanguard to sell 4 Portugal hotels as tourism breaks records Edge
- Air France-KLM to take majority stake in Scandinavian airline SAS Edge NST Star
Malaysian
- RHB expects BNM to maintain OPR at 3% NST Star
- BNM may need to do more as liquidity strains persist NST
- Proposed carbon tax not a hindrance for investors Edge NST Star
- Malaysia most likely to get 10%-24% tariff in trade deal with US Edge
- US plans AI chip curbs on Malaysia, Thailand over China concerns Edge Mail Star
- Malaysia continues to lead regionally for digital infrastructure Edge NST
- Malaysia tipped to lead regional data centre race NST
- ECRL project has reached 85% progress Edge
- Tenaga faces RM5.05b tax bill after losing reinvestment allowance dispute Edge
- SuperSiC breaks ground on new semiconductor plant in Penang Edge
Other markets
- Singapore fines 9 FIs over 2023 money laundering case Edge Coindesk
- China services activity dips to 9-month low Star
- Hong Kong moves to defend forex peg for third time in a week Edge NST Star
- Sumitomo Mitsui Trust Bank to shut Hong Kong branch by Jun 2026 Edge
- TSMC to delay Japan chip plant and prioritise US to avoid tariffs Edge
- Japan’s May real wages fall the most in nearly 2 years Yahoo
- Japan’s rate hikes to resume after temporary pause Star
- US recession odds on Polymarket plunge to 22% as trade tensions cool Coindesk
- Trump says tariff letters to 12 countries signed, going out on Mon Edge Mail
- Trump confirms letter or deal by 9 Jul Yahoo
- Trump signs his tax-and-spend bill at White House ceremony Edge
- US graduates face worst job market in over a decade Mail
- UK firms lose taste for US investment Yahoo
- ECB rates in good place, committed to 2% goal Edge
- ECB warns of impact of heatwaves on inflation, economic growth Edge
- BRICS finance ministers make unified proposal for IMF reforms Edge Mail NST
- Decade-old local currency push by BRICS is still a pipe dream Yahoo