Capital markets news | Fri 25 Jul 2025


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Equity

  • McGraw Hill opens flat in underwhelming debut Yahoo
  • Advent-backed NIQ shares slip in NYSE debut Yahoo
  • PE-backed US IPOs return with plenty of leverage Yahoo
  • Bit Digital’s WhiteFiber is getting ready for an IPO Yahoo
  • Will Plaid SPAC or IPO in 2025? Yahoo
  • SPAC BPGC plans to buy startup iRocket for USD400m Yahoo
  • Strategy boosts preferred share raise to USD2.8b from USD500m Coindesk Yahoo

Debt

  • Kimanis Power’s RM300m sukuk assigned final AAA rating RAM
  • Malaysian and Chinese credit rating agencies to strengthen cross-border ties NST
  • Malaysian banks’ bad debts could rise from tariff risks Edge NST
  • Malaysia’s statutory debt could breach self-imposed ceiling as economy slows Edge
  • Singapore’s Temasek sells USD768m offshore RMB bonds Edge
  • Philippines to tap GCash to sell bite-sized bonds to attract more investors Edge

Digital assets

  • SEC hits pause on Bitwise ETF offering broad crypto exposure Star
  • Crypto inflows surge to USD60b year-to-date, outpacing private equity Coindesk
  • Why expensive ethereum will dominate institutional DeFi Coindesk
  • ETH treasury firm BitMine steps up bid to acquire 5% of supply Coindesk
  • Ethena taps Anchorage to issue USD1.5b stablecoin under Genius Act Coindesk
  • Stablecoin supply to grow by USD75b following Genius Act Coindesk
  • Solana players unveil internet capital markets roadmap Coindesk
  • Robinhood’s tokenised stocks stirs up a legal hornet’s nest Cointelegraph
  • Australian fintech Finder wins court battle over crypto yield product Cointelegraph

M&A

  • AME Elite, AME Reit get shareholders’ nod for RM100.8m acquisition NST Star
  • AYS Ventures’ takeover of SGX-listed CosmoSteel unconditional Edge Star
  • Capricorn Metals to acquire Warriedar Resources in Australia Yahoo
  • Austral Resources to acquire Lady Loretta mine Yahoo
  • Union Pacific nears Norfolk deal to create USD200b railroad Edge Yahoo
  • Federal regulators approve Paramount’s USD8b deal with Skydance Yahoo
  • Accenture to buy Maryville Consulting Yahoo
  • Waystar to acquire Iodine Software for USD1.25b Yahoo
  • Corpay to acquire Alpha Group International Yahoo
  • Broadcom’s USD61b VMware buyout hit by EU court challenge Edge

Malaysian

  • SC may make certain corporate governance practices mandatory in 2026 Edge NST
  • RM63b investments secured under National Semiconductor Strategy Edge
  • Semiconductor exports remain resilient, up 15.7% in 1H Edge Mail NST Star
  • Malaysia on track for US trade deal by 1 Aug, aims for lowest tariff Edge NST Star

Other markets

  • Markets bet Beijing is getting serious about China’s overcapacity Edge
  • South Korea’s economy grows in 2Q on exports surge NST
  • BOK says consumer sentiment hit a high in Jul Star
  • Japan’s factory activity slips into contraction in Jul Star
  • Australia central bank not shocked by jobless rise, to cut rates gradually Yahoo
  • US business activity rises, tariffs fuel inflation concerns Edge
  • US weekly jobless claims drop to 3-month low Edge
  • Almost 30% of German companies postpone US investments Edge
  • Deloitte under investigation by UK FRC over Glencore audits Yahoo
  • ECB keeps rates steady as it awaits clarity over trade Edge
  • Big central bank rate cuts slow with tariffs and politics in headlights Yahoo

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