Lotus Chocolate Company (BOM:523475) has appointed Piyush Goyal as the chief financial officer and key managerial personnel of the company, effective Thursday, according to a same-day filing to the BSE.
The company's shares were up over 2% in early trade on Friday.
Goyal has worked for leading multinationals like Mondelez (Cadbury), Hindustan Coca-Cola, Hindustan Unilever Limited, ITC, and Zydus Wellness.
U.S. Treasury Secretary Scott Bessent signaled that China is unlikely to boost soybean purchases beyond existing commitments, citing a three-year pledge under the Busan agreement, Reuters reported Thursday.Bessent said "soybeans are really all taken care of" as the countries' two presidents met in Beijing, according to the report.Soybeans are America's top export to Vietnam, but Beijing has reduced reliance on U.S. oilseeds, with imports dropping to about 15% of the total in 2025 from 41% in 2016, Reuters wrote.(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.)
Japanese stocks reporting earnings traded mixed on Friday, with gains led by semiconductor equipment makers and game developers, while some publishers and entertainment firms came under pressure.Hamamatsu Photonics K.K. (TYO:6965) rose 23% after reporting first-half results. Profit attributable to owners of parent fell 7.2% to 9.22 billion yen, while net sales increased 5.4% to 112.50 billion yen. Earnings per share came to 31.30 yen, down from 32.95 yen.The company forecast profit attributable to owners of parent of 16.4 billion yen, up 15.5%, and net sales of 232 billion yen, up 9.4%, for the fiscal year ending September 2026. Basic earnings per share are expected at 56.33 yen.Square Enix (TYO:9684) rose over 5% after reporting full-year results. Profit attributable to owners of parent rose 21.3% to 29.62 billion yen, while net sales fell 8.3% to 297.66 billion yen. Earnings per share came to 82.08 yen, up from 67.79 yen.The company forecast profit attributable to owners of parent of 31 billion yen, up 4.7%, and net sales of 298 billion yen, up 0.1%, for the fiscal year ending March 2027. It expects basic earnings per share of 85.99 yen.Nexon (TYO:3659) dropped 12% after reporting first-quarter results. Profit attributable to owners of parent rose 118% to 57.23 billion yen, while revenue increased 33.6% to 152.23 billion yen. Earnings per share came to 72.02 yen, up from 32.07 yen.For the six months ending June 2026, Nexon forecasts profit attributable to owners of parent of 73.31 billion to 80.40 billion yen, revenue of 259.19 billion to 271.91 billion yen, and earnings per share of 92.64 yen to 101.60 yen.
China Minsheng Banking (SHA:600016) raised 30 billion yuan via a perpetual capital bonds offering to supplement capital.The bonds carry a 2.12% coupon rate for the first five years, with a step-adjustable rate thereafter, according to a Thursday filing with the Shanghai bourse.