-- 6K Additive (ASX:6KA) has appointed Brandon Davis as chief operating officer, according to a Monday Australian bourse filing.
Davis joins the company from Dexter Axle, where he held the position of vice president of the components division, per the filing.
Vietnam's manufacturing sector expanded at a slower pace in April as new orders fell and cost pressures surged, according to data released Monday by S&P Global.The S&P Global Vietnam Manufacturing PMI slipped to 50.5 in April from 51.2 in March, a seven-month low, signalling a tenth straight month of expansion but only marginal growth.New orders declined for the first time in eight months, with export orders falling for a second consecutive month amid higher transportation costs.Output continued to rise for the twelfth month, though growth eased to a ten-month low as rising costs, supply shortages, and market instability linked to the Middle East war weighed on activity.Input costs rose at the fastest pace in 15 years, driven by higher fuel, oil, and transportation costs, prompting firms to raise selling prices at the sharpest rate since April 2011.Firms cut employment, purchasing activity and inventories, while supplier delivery times lengthened sharply and business confidence weakened to a seven-month low
Rumble Resources' (ASX:RTR) Western Queen subsidiary entered into a transaction with an Elemental Royalty unit, under which Elemental Royalty will pay Western Queen up to AU$10 million to acquire a 2.5% net smelter return royalty on gold production from the Western Queen project in Western Australia, according to a Monday filing with the Australian bourse.The consideration includes AU$5 million on signing of the royalty agreement and deed, and AU$5 million on execution of the tolling milling agreement, the filing said.Rumble Resources shares rose 6% in morning trade on Monday.
Taiwan's manufacturing sector expanded at a faster pace in April as firms ramped up production and orders, while cost pressures intensified sharply, according to data released Monday by S&P Global.The S&P Global Taiwan Manufacturing Purchasing Managers' Index rose to 55.3 in April from 53.3 in March, marking the strongest improvement in business conditions since December 2021.Output grew at the second-fastest pace since June 2024, while new orders increased at the second-sharpest rate since July 2021, partly driven by stockpiling amid concerns over supply disruptions and rising prices.New export orders also rose strongly, supported by demand from the U.S., Europe, mainland China, Japan, and Southeast Asia.Firms stepped up purchasing activity at one of the fastest rates in nearly four-and-a-half years, while supplier delivery times lengthened at the fastest pace in just over four years.Input costs rose at the steepest pace in nearly five years, prompting firms to lift selling prices at the quickest rate since late 2021.Employment declined slightly, while business confidence eased to a three-month low, though firms remained optimistic about output growth, supported by expectations of stronger demand, particularly in AI-related sectors.