China Resources Pharmaceutical's (HKG:3320) unit KPC Pharmaceuticals obtained registration acceptance for a proposed bond issue from the National Association of Financial Market Institutional Investors.
The subsidiary can issue medium term bonds of up to 1 billion yuan in multiple tranches in China within two years of the notice, according to a Tuesday Hong Kong bourse filing.
Mindax (ASX:MDX) secured AU$650,000 in funding through a binding unsecured convertible note deed with investor Chengze Yu to support exploration activities, tenement commitments and general working capital, according to an Australian bourse filing on Monday after market hours.The note carries 10% annual interest, matures in 12 months, and is convertible at AU$0.033 per share, potentially resulting in the issuance of up to 21.7 million shares, per the filing.The note is being issued under the company's existing placement capacity while discussions for a further convertible note are ongoing, with no binding agreement reached to date, the filing added.
3:00 Monday vs 3:00 Friday2yr 99-17 vs 99-18; 4.346% vs 4.348%5yr 99-13+ vs 99-16; 4.504% vs 4.481%10yr 98-16 vs 98-34+; 5.244% vs 5.205%30yr 98-05 vs 99-01; 5.247% vs 5.218%2/10 40.621 bps vs 37.042 bps5/30 74.107 bps vs 72.210 bps
The US dollar weakened against its Canadian counterpart Monday afternoon as hostilities resumed between the United States and Iran.The greenback was down 0.4% to C$1.3857 on last look.West Texas Intermediate October crude oil futures, the US benchmark, jumped 2.7% to $85.65 per barrel. October Brent oil futures, the international benchmark, rose 2.5% to $90.33 per barrel.Comex gold December futures slipped 1% to $4,488.70 per ounce, as expectations increase that the US Federal Reserve will raise interest rates.US Treasury Secretary Scott Bessent told CNBC that US growth goals include ending the Iran war behind. "We are going to get to the other side of this Iran conflict." Bessent also claimed the US bond market in August outperformed every other major bond market.Bessent and Federal Reserve chair Kevin Wash also spoke at the G20 finance ministers meeting in North Carolina.