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F&C Investment Trust Reports Net Asset Per Ordinary Share

F&C Investment Trust (NZE:FCT) said its net assets before charges at market value and excluding income came in at 3.7509 pounds sterling per ordinary share as of Wednesday, according to a Friday New Zealand bourse filing.Net assets per ordinary share before charges at market value and including income clocked in at 3.7616 pounds sterling, per the filing.Meanwhile, net assets before charges at nominal value and excluding income were 3.6351 pounds sterling per ordinary share.Net assets before charges at nominal value and including income were 3.6459 pounds sterling per ordinary share.

NZE:FCT

Asia1d ago

Hyundai Elevator Resumes Chungju Plant Production After Strike Suspension

Hyundai Elevator (KRX:017800) resumed operations at its Chungju plant on Thursday, Aug. 6, after suspending a labor union strike that had halted production for a cumulative 24 hours, according to a Thursday bourse filing.Manufacturing at the plant was temporarily suspended during regular working hours from Aug. 3 to 5 due to the strike over collective bargaining negotiations. The company said it resumed normal operations after the labor action was suspended to help facilitate an amicable settlement.However, Hyundai Elevator said production could be suspended again depending on the progress of the negotiations.

KRX:017800

Asia1d ago

Henderson Far East Income Reports Net Asset Value

Henderson Far East Income's (NZE:HFL) unaudited net asset value, including current fiscal year revenue items, was 2.474 pounds sterling per share as of Wednesday, according to a Friday filing with the New Zealand bourse.Unaudited net asset value, excluding current fiscal year revenue items for the same period, was 2.415 pounds sterling per share, the filing said.

NZE:HFL

Asia1d ago

Lindian Resources Requests Voluntary ASX Suspension

Lindian Resources (ASX:LIN) requested a voluntary suspension of its securities from trading on the Australian Securities Exchange (ASX) from Friday as it prepares an update in response to recent media speculation, according to a same-day filing with the Australian bourse.The suspension will remain effective until the update is released or until trading resumes on Aug. 10, the filing added.

ASX:LIN

Asia1d ago

Tivan Appoints ICA Natural Resources to Advise on Project Finance for Speewah Fluorite Project, Shares Up 3%

Tivan (ASX:TVN) said Japan Australia Fluorite Associates (JAFA) has appointed Sydney-based independent corporate advisory firm ICA Natural Resources (ICANR) to advise on debt funding for the planned development of the Speewah fluorite project in Western Australia, according to a Friday Australian bourse filing.The company said it has made material progress on both equity and debt funding workstreams for development of the project, with ICANR engaged to finalize the transaction in terms of structuring and execution.Tivan is progressing a definitive feasibility study for the project under an incorporated joint venture with Sumitomo Corporation and Japan Organization for Metals and Energy Security, the filing added.The company's shares rose 3% in recent Friday trade.

ASX:TVN

Asia1d ago

Update: James Hardie Industries Fiscal Q1 Adjusted Earnings, Net Sales Up; Shares Up 5%

(Updates to add stock movement in the headline and the last paragraph)James Hardie Industries (ASX:JHX) logged $0.36 in adjusted EPS for the fiscal first quarter, compared with $0.32 a year ago, a Friday filing showed.Analysts polled by FactSet expected earnings of $0.33.For the three months ended June 30, net sales was $1.47 billion versus $899.9 million previously, the Australia-listed global building materials company added. Analysts surveyed by FactSet expected $1.42 billion.The company expects fiscal 2027 total net sales to range between $5.56 billion and $5.72 billion, adjusted earnings before interest, taxes, depreciation, and amortization to be between $1.54 billion and $1.63 billion, and free cash flow to be at least $500 million. Analysts surveyed by FactSet expect fiscal 2027 net sales of $5.54 billion.The company's shares rose around 5% in recent Friday trade.

ASX:JHX

Asia1d ago

Update: ResMed Fiscal Q4 Non-GAAP Earnings, Revenue Up; Shares Fall 5%

(Updates to add stock movement in the headline and the last paragraph)ResMed (ASX:RMD) logged $2.95 in non-GAAP EPS for the fiscal fourth quarter, compared with $2.55 a year ago, a Friday statement showed.Analysts polled by FactSet expected earnings of $2.89.For the three months ended June 30, revenue was $1.46 billion versus $1.35 billion previously, the Australia-listed global medical technology and digital health company added. Analysts surveyed by FactSet expected $1.46 billion.The board declared a quarterly dividend of $0.66 per share, up 10% from the previous quarterly dividend, payable Sept. 24 to shareholders on record as of Aug. 20.The company's shares fell past 5% in recent Friday trade.

ASX:RMD

Asia1d ago

Update: Charter Hall Retail REIT Fiscal 2026 Operating Earnings Up, Revenue Down

(Updates with the stock movement in the last paragraph)Charter Hall Retail REIT (ASX:CQR) logged AU$0.2639 in operating earnings per unit for the fiscal 2026, compared with AU$0.2538 a year ago, a Friday filing showed.For the 12 months ended June 30, revenue was AU$176.9 million versus AU$198 million previously, the Australia-listed real estate investment trust added.The board declared a quarterly dividend of AU$0.064 per unit, up from AU$0.0635 in the previous quarter, payable Aug. 28 to shareholders on record as of June 30.The company expects fiscal 2027 operating earnings to be no less than AU$0.273 per unit and distributions of AU$0.264 per unit.Charter Hall shares gained 2% in recent Friday trade.

ASX:CQR

Asia1d ago

Japanese Equities Slip at Open

Japanese stocks opened lower on Friday, weighed down by renewed global tensions.The Nikkei 225 slipped 62 points to 65,746.13.At home, fresh government data showed Japanese household spending dropped 3.3% annually in June, extending a seven-month decline despite rising nominal wages, as inflation continued to dampen consumer confidence.Investors are now awaiting U.S. payroll figures, which could influence expectations around Federal Reserve rate policy, while Middle East developments remain a key risk factor.

Nikkei 225

Asia1d ago

Omega Oil & Gas Says Drilling Ongoing as Planned at Queensland Well

Omega Oil & Gas (ASX:OMA) said drilling was progressing as planned at the Canyon-3 well, the first well in its appraisal program, at the Canyon project in the Taroom Trough in Queensland, currently drilling ahead at 2,570 meters in the intermediate hole section, according to a Friday Australian bourse filing.Drilling on the eastern flank has confirmed the presence of both oil and gas across multiple stacked Permian reservoir intervals, the company said.The initial results from the drilling at the well are expected within two weeks, Omega added.

ASX:OMA

Asia1d ago

Market Chatter: HD Construction Equipment Boosts Renewable Power Use in Incheon

HD Construction Equipment (KRX:267270) has signed long-term renewable energy contracts for its Incheon plant, more than doubling the facility's renewable electricity share to 43.9% from 19% by January 2027, the Korea Times reported Thursday.The agreements, which cover 12.4 megawatts-peak of capacity and involve direct power purchase agreements with multiple energy producers, are part of the company's goal of sourcing all of its electricity from renewable sources by 2040, the report said.Over the same period, the company's Ulsan and Gunsan plants are expected to increase their renewable electricity shares to 42% and 53.1%, respectively, 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.)

KRX:267270

Asia1d ago

OCBC's Profit Rises 22% in Q2

Oversea-Chinese Banking Corp's (SGX:O39) group net profit rose 22% to SG$2.22 million in the second quarter of 2026 from SG$1.82 billion a year ago, according to a Friday filing to the Singapore Exchange.Earnings per share came in at SG$1.96 from SG$1.60 a year earlier.The lender's total income in the quarter ended June 30, rose 18% year over year to SG$4.17 billion from SG$3.55 billion.In the first half of 2026, the bank's attributable profit climbed 13% to SG$4.2 billion from SG$3.70 billion a year ago, while earnings per share came in at SG$1.86, up from SG$1.63 a year earlier.Total income in H1 also grew 11% to SG$8.00 billion from SG$7.20 billion a year ago.The bank declared an interim tax-exempt dividend of SG$47 per ordinary share for the first half of 2026.

SGX:O39

Asia1d ago

NASN Intelligent Tech Nets HK$533 Million From Hong Kong IPO

NASN Intelligent Tech (HKG:2261) raised HK$533.2 million in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$10.42 per H-share, according to a Thursday after-market filing with the Hong Kong Stock Exchange.The Chinese intelligent driving technology company offered 57.6 million H-shares in the global offering.The Hong Kong public offer was 2,513.54 times subscribed, with a final allocation of 5.8 million shares, representing 10% of the total offering.The international offering was 2.12 times subscribed, with a final allocation of 51.8 million shares, or 90% of the total offering.NASN Tech is scheduled to debut on the Hong Kong Stock Exchange on Friday, Aug. 7.

HKG:2261

Asia1d ago

CDL Investments New Zealand Unit Enters NZ$20 Million Credit Facility With ANZ Bank

CDL Investments New Zealand's (NZE:CDI) CDL Land New Zealand subsidiary entered into a new NZ$20 million flexible credit facility with ANZ Group Holdings (ASX:ANZ, NZE:ANZ) unit ANZ Bank New Zealand, according to a Friday New Zealand bourse filing.The facility is for property portfolio funding and has a term of 24 months, per the filing.CDL Investments shares fell nearly 2% in recent Friday trade.

ASX:ANZNZE:ANZNZE:CDI

Asia1d ago

Global Power Synergy's Q2 Profit Declines 10%

Global Power Synergy's (BKK:GPSC) net profit fell 10% to 1.82 billion baht in the second quarter from 2.02 billion baht a year ago, according to a Thursday filing with the Stock Exchange of Thailand.Earnings per share slid to 0.65 baht from 0.72 baht a year earlier, the electricity producer and distributor said.Total revenue declined 3% year-on-year to 21.7 billion baht from 22.5 billion baht a year ago.

BKK:GPSC

Asia1d ago

Westpac Banking Partners With Amp Frontier to Launch AI Lab in Australia

Westpac Banking (ASX:WBC, NZE:WBC) has partnered with San Francisco-based artificial intelligence (AI) research lab Amp Frontier to establish Amp Labs in Australia, aimed at accelerating software development and advancing digital transformation, according to a Friday statement by the bank.The collaboration will leverage AI-powered software engineering tools to optimize workflows, minimize repetitive tasks, and accelerate the delivery of enhanced customer and employee experiences.The partnership aligns with the bank's broader AI strategy to enhance internal capabilities, develop skills, and support the growth of Australia's AI ecosystem.

ASX:WBCNZE:WBC

Asia1d ago

Lycopodium Secures AU$93 Million EPCM Contract for Canada Mine Expansion

Lycopodium (ASX:LYL) has secured an engineering, procurement and construction management (EPCM) contract valued at around AU$93 million to support Artemis Gold's expanded phase two (EP2) development at the Blackwater Mine in British Columbia, Canada, according to a Friday filing with the Australian bourse.The expansion will add 13 million tonnes per annum (Mtpa) of processing capacity to the existing phase 1A project, increasing total mine throughput to 21 Mtpa, per the filing.The company has provided EPCM services for the delivery of phase 1A and contributed to the early stages of the EP2 development by preparing the feasibility study and delivering front-end engineering and design services for the new plant, the filing said.The company said EP2 early works are progressing well, with plant site earthworks underway and the first concrete pour for the ball mill foundations completed ahead of schedule, the filing added.

ASX:LYL

Asia1d ago

Alliance Aviation Services Issues Fiscal 2027 Profit Outlook Following Revised Qantas Wet Lease Deal

Alliance Aviation Services (ASX:AQZ) provided preliminary fiscal 2027 guidance for underlying profit before tax of about AU$55 million to AU$60 million following its revised wet lease agreement with Qantas Airways (ASX:QAN), according to a Friday filing with the Australian bourse.The company said the impact of the revised agreement on its financial performance cannot be considered in isolation as its results will also depend on the outcome of associated operational initiatives, which include a right sizing of the business.The revised agreement disclosed Aug. 5 is expected to deliver a material improvement in Alliance Aviation's profitability.The company said its fiscal 2027 outlook remains subject to a range of assumptions and risks, including customer demand, fuel costs, labor availability, and broader economic conditions.

ASX:AQZASX:QAN

Asia1d ago

UOB Net Profit Up 3% in H1

United Overseas Bank's (SGX:U11) net profit rose 3% to SG$2.92 billion in the six months ended June 30 from SG$2.83 billion a year ago, according to a Friday filing with the Singapore Exchange.Earnings per share increased to SG$3.45 from SG$3.32 in the year-ago period.Net interest income in the first half fell 3% to SG$4.62 billion from SG$4.75 billion a year earlier.UOB declared an interim dividend of SG$0.88 per ordinary share for the period, up from SG$0.85 a year earlier, to be paid on Aug. 28.

SGX:U11

Asia1d ago

CSL Says European Commission Revokes Marketing Authorization for Tavneos

CSL (ASX:CSL) and Vifor Fresenius Medical Care Renal Pharma said the European Commission revoked the marketing authorization for the Tavneos drug following a recommendation from the European Medicine Agency's Committee for Medicinal Products for Human Use (CHMP), according to a Thursday statement.Tavneos was developed as a treatment for adults with the main forms of ANCA-associated vasculitis, a potentially life-threatening disease where the immune system mistakenly attacks the body's own blood vessels.The marketing authorization was revoked due to concerns related to data handling in a phase 3 trial before approval was granted, with the CHMP concluding that a positive benefit-risk balance for the drug could no longer be established."While we are disappointed by the decision, we respect the outcome of the regulatory process and are committed to implementing it in full," CSL and Vifor Fresenius said.Tavneos will no longer be available for prescribing in the European Union and European Economic Area countries.CSL's shares were down 1% in recent Friday trade.

ASX:CSL

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