Capital markets news | Fri 23 Oct 2026
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AI meltdown
Some AI demand is being created through interlocking arrangements: chipmakers invest in or guarantee AI customers, who then buy compute, while cloud providers buy the chips. This can make reported revenue and growth look more robust than underlying end-user demand, increasing correlated losses if adoption or monetisation falls short.
Equity
- RedPlanet rises 37% in ACE Market debut following listing transfer Edge NST Star
- Meridian suspension on 30 Oct, faces delisting after postponement rejected Edge Star
- Malaysia might benefit from MSCI’s downgrade of Indonesia’s stock market Star
- TSH Resources responds to SGX queries over Indonesian fires, haze Edge NST Star
- Indonesia issues record fines to companies over stock market violations Edge NST
- Indonesia to exclude stocks with high shareholding concentrations from index Edge Star
- DeepSeek raises USD15b in challenge to leading US labs Edge Star Yahoo
- Chinese quant fund Lingjun draws USD300m from overseas investors Edge
- Citi targets top spot in China as it awaits securities licence Edge
- Retail investors fully subscribe Ambani’s Jio IPO on second day Edge
- Ambani’s record Jio Indian IPO subscribed over 5 times as demand surges Edge
- UBS acquires 4.8% stake in Indian wealth manager 360 One Wam Edge
- Anthropic IPO to drive blockbuster gains for Iconiq, Spark, GIC Yahoo
- Anthropic IPO stands alone as AI market jitters sideline others Reuters
- SK Hynix says Solidigm drops plan for US IPO amid market volatility Reuters
- Nasdaq CEO flags softening in IPO market as macro uncertainty hits debuts Reuters
- Goldman Sachs sends CoreWeave shareholders a surprising signal Yahoo
- Short sellers make USD6b in unrealised profits as neoclouds slide on AI debt fears Reuters
- OpenAI nears USD30b funding round at USD1.25t valuation Yahoo
- Wall Street sinks as Nasdaq falls over 2% on AI cost worries Edge
- Norway wealth fund slightly cautious on equities, tech companies Edge NST Reuters
Debt
- Mah Sing completes RM300m sukuk issuance Star
- MOF to inject RM1b into Urusharta Jamaah for sukuk redemption in 2027 Edge
- Zetrix AI sukukholders to meet today to discuss breach, no payment default yet Edge NST
- Mid-week bond market update RAM
- Malaysia retains top spot in global Islamic finance development rankings Star
- Bankability, not capital, is the hurdle in energy transition Edge
- Malaysia calls for intellectual property to be recognised as bankable asset Edge
- SCALE Action Plan 2027 to tackle MSME structural challenges Edge
- BNM: Banks extend repayment deferments to Nepal-China flood victims Star
- Huawei gets USD2.3b offshore loan as chip spending soars Edge
- Evergrande liquidators plan first payout to creditors next year Edge Reuters
- Japan funding conditions still loose despite interest rate hikes NST
- US 10-year yield falls below 5% as investors flock to safe havens Edge
- US mortgage rates decline for first time in 9 weeks, to 7.32% Edge Yahoo
- Bond traders are backing off Fed rate hike bets Yahoo
- SpaceX USD40b debt deal gets pricey as AI fears spread Yahoo
- CoreWeave is canary in coal mine: AI debt will slide into distress Yahoo
- Meta’s credit risk indicator hits record high on increased AI spending plan Reuters
- Blackstone sees widening credit spreads as a chance to capture higher returns Reuters
- EU nears market securitisation reform in bid to unleash billions Edge
Digital assets
- Thailand SEC says several companies eye crypto ETFs, none has applied Telegraph
- China seeks to seize 61,800 BTC tied to USD5.7b fraud scheme Desk
- Ethereum’s 4-minute settlement plan could lower the cost of moving crypto Desk
- SoFi unveils bank-issued tokenised deposit for yield-bearing crypto funds Telegraph
- Pentagon bans US forces from using military info to bet in prediction markets Telegraph
- The UK needs a workable route to regulated DeFi access Telegraph
- Irish central bank fines Coinbase Ireland USD3.6m Desk Telegraph
M&A
- RHB gets extension to conclude insurance units merger talks with Tokio Marine Edge Star
- BMS Holdings scraps RM24m land acquisition after parties fail to agree on terms Edge
- CIMB denies plans to privatise Indonesian unit Edge Mail NST Star
- Massive Hong Kong hotel complex to be sold to Malaysian developer for RM1.4b Edge Star
- Bosch to separate auto-parts unit as Chinese rivals gain ground Edge
- Danantara completes land acquisition in Mecca Star
- Crypto custody specialist Fireblocks denies talks to be acquired by Visa Desk Telegraph
- Musk’s public endorsement of SpaceX-Tesla deal may throw a wrench in talks Edge
- SpaceX says Tesla merger would need Musk’s approval Yahoo Reuters
- Chevron sharpens US Gulf focus with asset sale Star
- Adviser rules out Petrobras privatisation Star
- LSEG to buy Octus in USD3.5b mega data analytics deal Edge Reuters
Malaysia
- MIDA’s RM305b green push puts local firms in the spotlight NST
- Turning Iskandar Malaysia’s RM525b investments into lasting economic gains NST
- GOfinance tops 5m users, processes RM3.57b NST
- Malaysia targets 300k AI jobs by 2030 NST
- US-backed Malaysia-Southeast Asia data cable to pick NEC or Alcatel as supplier Edge NST
- IRB must return tax collected on compensation from forcefully acquired property Edge
- Ex-Tabung Haji CEO, CFO claim trial to cheating board to facilitate RM3.3b hibah Edge
Other markets
- Singapore’s wealthy clients see growing assets over past year, Citi report says Edge Reuters
- Singapore dollar gains on yen as carry funder, analysts say Edge
- Singapore set to update restructuring and insolvency framework Star
- Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation Edge
- Foreign investment flows into China fall 4.3% in first three quarters Edge
- Cash-strapped China targets offshore wealth with new tax Edge NST
- Japan core inflation exceeds BOJ target, cements near-term rate hike chance Reuters
- Bank of Korea holds rates, upbeat outlook points to future hikes Edge
- Samsung Electro-Mechanics gets USD2.8b chip investment from Tesla, Nvidia Reuters
- Asia needs USD1t investment annually for next 15 years to boost energy security Edge
- Oil tanker rates from Middle East to Asia increases fivefold NST
- Australia’s Rio Tinto to invest USD1.9b in Queensland bauxite project Reuters
- US weekly jobless claims near 57-year lows Edge
- US banks detect unauthorised AI agents in customer accounts Edge
- Big companies are turning to cheaper AI models Yahoo
- Alaska LNG costs may exceed forecasts Star
- Paraguay’s central bank under pressure over politically connected lender Reuters
- UK regulator urges pension trustees to stress-test over AI concentration risk Reuters
- The changing global financial landscape: Equities, debt and banking in transition Edge
- IMF, OECD warn AI could widen rich-poor country divide Edge