-- Namkwang Engineering & Construction (KRX:001260) won an integrated private-participation public housing construction project from the Korea Land and Housing Corp.
The contract, valued at 68.3 billion won, is valid till Apr. 30, 2029, according to a filing with the Korea Exchange on Wednesday.
Shares of Namkwang Engineering & Construction fell nearly 4% in recent trade.
Light & Wonder's (ASX:LNW) first-quarter results are expected to be soft, though the full-year outlook is expected to be maintained, Jarden said in a Tuesday note.Jarden said its first-quarter adjusted earnings before interests, taxes, depreciation, and amortization (AEBITDA) estimate of $326 million is expected to be 5% below consensus. The first quarter represents just 21% of the full-year AEBITDA estimate and proportional contribution set to build through the year.It noted that the underlying demand backdrop remains intact.The investment firm retained its buy rating on Light and Wonder and cut the price target to AU$190 per share from AU$199 per share.
CECEP Wind-power (SHA:601016) posted 2025 attributable net profit of 685.7 million yuan, down 48% from 1.33 billion yuan the previous year.Earnings per share slid to 0.106 yuan from 0.199 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue declined 11% year over year to 4.50 billion yuan from 5.03 billion yuan.Shares of the renewable energy company were down 3% in recent trade.
Indonesia's Finance Minister Purbaya Yudhi Sadewa has stated that the country will permit China to issue sovereign bonds in its domestic market, Jakarta Globe reported Tuesday.Indonesia is also planning debt instrument issuances in China after talks on reciprocal cross-border issuances at the spring meetings of the World Bank and International Monetary Fund in the US last week, the report said.China's competitive interest rates have previously prompted Indonesia to reveal plans to issue Panda bonds in the country.Access to more affordable funding options has boosted Indonesia's bargaining leverage with international investors, 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.)