FINWIRES · TerminalLIVE
FINWIRES

Hanwha Ocean Bags LNGC Vessel Construction Order

By

Hanwha Ocean (KRX:042660) secured an order for the construction of an LNG Carrier worth 375.9 billion won from an unnamed European shipping company, according to a Friday filing with the Korean Exchange.

Delivery is expected to be made by Sept. 28, 2029, with payments tied to construction milestones.

Related Articles

Asia

Mini Diamonds (India) Arm Launches Colored Lab-Grown Diamond Jewelry

Mini Diamonds (India) (BOM:523373), through its wholly owned subsidiary, Namra Jewels, has launched a new line of products of colored lab-grown diamond jewelry, according to a BSE filing on Friday.The collection will focus on fancy-shaped and colored lab-grown diamond jewelry.The move is in line with the company's broader strategy of moving up the value chain from polished diamonds to branded jewellery offerings through Namra Jewels, the statement said.

$BOM:523373
Asia

Hengrui Pharma Secures China Registration for Gout Drug; Shares Up 3%

Jiangsu Hengrui Pharmaceuticals (SHA:600276) obtained drug registration from China's medical products regulator for its luzinuole sodium tablets.The drug is used for gout with hyperuricemia, according to a Thursday filing with the Shanghai bourse.Shares of the pharmaceutical company rose 3% in recent trade.

$SHA:600276
Asia

Market Chatter: New Zealand Finance Minister Doesn't Want Banks to Pass Costs of Prudential Levy to Customers

New Zealand Finance Minister Nicola Willis said she would be "extremely disappointed" if the country's banks decide to pass on the costs of a new prudential levy to their customers, interest.co.nz reported Friday.The government is implementing a prudential levy on banks, non-bank deposit takers, insurers, and financial market infrastructure providers as part of its 2026 budget. The levy would support cost recovery for the central bank's statutory prudential functions and is expected to generate roughly NZ$209 million during the next four years, according to the report.The government believes revenue from the new levy would represent less than 1% of the aggregate profit of ANZ Group Holdings (ASX:ANZ, NZE:ANZ), Westpac Banking (ASX:WBC, NZE:WBC), Heartland Group Holdings (ASX:HGH, NZE:HGH), and Commonwealth Bank of Australia (ASX:CBA) unit ASB Bank."I would like to send them a very clear message: They are some of the most profitable banks in the world. Other counties around the world have these levies and you haven't seen it being passed through," Willis said in an interview with interest.co.nz.Westpac, Heartland, and Commonwealth Bank did not immediately respond to requests for comment from. ANZ deferred to the New Zealand Banking Association, which did not immediately reply to an email.(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.)

$ASX:ANZ$ASX:CBA$ASX:HGH$ASX:WBC$NZE:ANZ$NZE:HGH$NZE:WBC