General Plastic Industrial (TPE:6128) posted a net profit attributable to owners of NT$36.0 million in the first quarter, or NT$0.28 per basic share, according to a Wednesday disclosure on the Taiwan Exchange.
Shares slid over 3% in Thursday's late morning trade.
The imaging supplies manufacturer did not provide comparative year-ago figures.
Operating revenue amounted to NT$1.34 billion, it said.
Japanese shares ended nearly 1% lower on Thursday after hawkish comments from a Bank of Japan board member strengthened expectations for additional interest-rate increases, with persistent inflation risks linked to the Iran conflict weighing on sentiment.The Nikkei 225 fell 0.98%, or 618.06 points, to close at 62,654.05.BOJ board member Kazuyuki Masu said rates should be raised "at the earliest stage possible" if data show no clear signs of an economic slowdown, comments that reinforced market expectations for a possible rate increase as early as June.Masu's remarks came after three other BOJ board members backed further tightening in April despite the central bank keeping rates unchanged, marking the biggest policy split under Governor Kazuo Ueda.The yen strengthened after Masu's speech and reports that Chinese President Xi Jinping told U.S. President Donald Trump that Taiwan remained the most sensitive issue in China-U.S. relations.On the corporate front, Eneos Holdings (TYO:5020) fell 4% after agreeing to acquire Chevron's downstream fuels and lubricants businesses across six Asia-Pacific markets for $2.17 billion.Yamabiko (TYO:6250) slipped 1% after saying it will liquidate its UAE subsidiary due to worsening instability in the Middle East.Meanwhile, Sony Financial Group (TYO:8729) dropped 5% after fiscal 2025 profit attributable to owners of the parent declined 30% and the company forecast a 16 billion yen attributable loss for fiscal 2026.
Rio Tinto Group (ASX:RIO) has appointed Trudi Charles as chief legal officer, governance and corporate affairs, starting Aug. 1, succeeding Isabelle Deschamps, according to a Thursday Australian bourse filing.Charles is currently deputy general counsel and senior vice president, legal, supply, trading, and shipping at BP, where she has spent over 20 years in various senior legal roles across its downstream and supply, trading, and shipping businesses, the filing added.Before joining BP, Charles spent almost eight years with Herbert Smith Freehills Kramer in London and Hong Kong, per the filing.
A Bank of Japan board member said rates should be raised at an early stage if the economy shows no clear signs of weakness, citing persistent inflation risks linked to the Iran conflict, reinforcing expectations for further tightening, Bloomberg reported Thursday."If statistical data do not indicate clear signs of an economic downturn, I believe it is desirable to raise the policy rate at the earliest stage possible," Kazuyuki Masu said at a business conference in Kagoshima, according to the report.The comments add to growing market expectations for a possible BOJ rate increase as early as June, following a divided April meeting in which some board members backed tightening, the report said.The yen strengthened after the remarks before trimming gains later in the session, as traders also tracked geopolitical developments including comments from Chinese President Xi Jinping on Taiwan during talks with U.S. President Donald Trump, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)