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Aura Energy Says Geological Survey of Sweden Proposes Polymetallic Deposit as National Interest; Shares Down 7%

Aura Energy (ASX:AEE) said the Geological Survey of Sweden proposed designating the Häggån polymetallic deposit as a national interest for valuable materials, according to a Friday filing with the Australian bourse.The designation prevents municipalities and state authorities from granting permits for activities that may hinder future extraction, the filing said.Aura Energy shares fell 7% in morning trade on Friday.

ASX:AEE

Asia152d ago

Shenzhen Woer Heat-Shrinkable Material's Q1 2026 Profit Falls Nearly 8%

Shenzhen Woer Heat-Shrinkable Material (HKG:9981, SHE:002130) booked 231.3 million yuan in attributable profit for the first quarter of 2026, down 7.6% from 250.4 million yuan in the prior-year period, according to a Hong Kong bourse filing Friday.Earnings per share were 0.1723 yuan, compared with 0.2009 yuan a year earlier.Revenue gained 16% year on year to 2.03 billion yuan, figures showed.Meanwhile, in a separate statement, the firm said it was considering a public offering and transfer of listing of Shanghai Keter New Material to the Beijing Stock Exchange.The company's non-wholly owned subsidiary currently trades on the National Equities Exchange and Quotations, a Chinese over-the-counter system.Woer Heat-Shrinkable Material owns 78.76% of the business that manufactures power battery safety protection products for eletric vehicles.

HKG:9981SHE:002130

Asia152d ago

Huaqin Increases Total Shares After Hong Kong Listing

Huaqin (HKG:3296; SHA:603296) increased its total share capital after listing shares on the Hong Kong Stock Exchange, according to a Shanghai bourse filing on Friday.The China-based smart hardware products manufacturer earned net proceeds of HK$4.46 billion, listed and offered 58,548,200 shares for HK$77.70 per share on the Hong Kong bourse.The company's total shares rose to 1,074,280,544 from 1,015,732,344 after the initial public offering.The company's Shanghai shares rose less than 2% during the morning trade.

HKG:3296;SHA:603296

Asia152d ago

Afari Tech Resubmits Hong Kong Listing Application

Chongqing Afari Technology (SHA:601777) resubmitted its application for its planned listing on the Hong Kong Stock Exchange, according to a Shanghai bourse filing on Friday.

SHA:601777

Asia152d ago

Renesas Electronics' Profit Soars 162% in Q1

Renesas Electronics' (TYO:6723) profit attributable to owners of the parent soared 162% to 68.1 billion yen for the first quarter from over 26 billion yen a year earlier.The semiconductor manufacturer's earnings per share increased to 36.96 yen from 14.30 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 23% to 380.3 billion yen for the three months ended March 31 from 308.8 billion yen in the prior-year period.In a separate filing, Renesas set the forecasts for the six months ending June 30, with an expected non-GAAP revenue of 752.8 billion to 767.8 billion yen, a non-GAAP gross margin of 58.1% and a non-GAAP operating margin of 31.3%.Renesas does not plan to pay any dividends for the year.Due to short-term volatility in the semiconductor market, Renesas provides its consolidated forecasts quarterly as a range rather than a full-year figure, as high accuracy is difficult to achieve.The company uses non-GAAP metrics, excluding non-recurring items, with margin forecasts based on the midpoint of the revenue range to clarify ongoing performance.

TYO:6723

Asia152d ago

American Tungsten & Antimony Joins US Defense Supply Chain Consortium; Shares Up 12%

American Tungsten & Antimony (ASX:AT4) has joined the US Defense Industrial Base Consortium (DIBC), gaining access to US defense programs and advancing its antimony and tungsten strategy amid a growing focus on secure domestic critical mineral supply chains, according to a Friday Australian bourse filing.The company, through the consortium, gains access to Department of War programs, funding opportunities, and defense partnerships to advance domestic processing and strengthen supply chains in line with national security priorities, per the filing.The company also stated that over 50 DIBC-related projects have already secured about $410 million in funding, including roughly $39 million this year, highlighting strong government support, the filing said.The company will host a government-level critical minerals event in Utah on May 15, bringing together senior US officials, state leaders, and industry stakeholders, the filing added.The company's shares rose 12% in recent Friday trade.

ASX:AT4

Asia152d ago

EBR Systems Receives Priority Review Determination From Therapeutic Goods Administration; Shares Up 7%

EBR Systems (ASX:EBR) received priority review determination from the Therapeutic Goods Administration for the WiSE System, according to a Friday filing with the Australian bourse.The WiSE System is a cardiac device capable of pacing the heart without a lead.The determination provides an accelerated pathway for the device to be included on the Australian Register of Therapeutic Goods, the filing said.Shares rose 7% in morning trade on Friday.

ASX:EBR

Asia152d ago

Star Sports Medicine Launches Up to HK$830 Million Hong Kong IPO

Star Sports Medicine (HKG:1609) launched its Hong Kong initial public offering on Friday, seeking to raise about HK$829.6 million from the deal.The China-based medical device company is offering 8.4 million H-shares at an offer price of HK$98.50 per share, according to a Hong Kong bourse filing.The offering comprises 842,200 shares for Hong Kong investors and 7.6 million shares for international investors, subject to reallocation.The Hong Kong public offering closes on April 29, with allocation results due by May 4, ahead of the company's planned trading debut on May 5.Net proceeds will be used mainly to expand production capacity and enhance manufacturing efficiency, as well as support research and development.The funds will also be used to strengthen sales and marketing capabilities, expand global distribution, and for working capital and general corporate purposes.CITIC Securities (Hong Kong) and CCB International Capital are acting as joint sponsors.CLSA and CCB International Capital are serving as overall coordinators, alongside China Galaxy International Securities and CMBC Securities, and are also acting as joint bookrunners.Futu Securities International (Hong Kong), Open Securities, Orient Securities (Hong Kong), and Zheshang International Financial are acting as joint bookrunners and joint lead managers.

HKG:1609

Asia152d ago

Daiichi Sankyo Delays Earnings Release Amid Oncology Portfolio Review; Shares Fall 10%

Daiichi Sankyo (TYO:4568) is delaying the release of its consolidated results for the year ended March 31, 2026, to May 11 from April 27 as it requires more time to finalize financial figures, according to a Friday filing on the Tokyo Stock Exchange.Shares of the company plunged nearly 10% in morning trade Friday.The company is reviewing supply plans for its oncology portfolio and development pipeline amid shifting business conditions, which is extending deliberations over estimates for loss provisions tied to contracts with manufacturers.Daiichi Sankyo will also move the release of its five-year business plan for fiscal 2026 through fiscal 2030 to May 11 from May 19 to present both disclosures together for investors.

TYO:4568

Asia152d ago

Market Chatter: Marubeni Rolls Out AI Power-Saving Service With Multiverse Computing

Marubeni (TYO:8002) has started a service with Multiverse Computing to cut data center power use for generative AI by up to 80% by simplifying processing, Nikkei reported Friday.The technology compresses large language models, easing GPU load and cooling needs without hurting performance, according to the report.Multiverse, founded in 2019, has deployed the system in Europe, including at Telefonica, where power use fell 75% and speed improved, the report said.Marubeni plans to market it in Japan to sectors such as finance and pharma as AI-driven power demand rises, 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.)

TYO:8002

Asia152d ago

News Corp Reaches Over 80% of Online Australians in March

News Corp (ASX:NWS) reached 80.4% of online Australians in March, according to Ipsos Iris rankings, the media company said in a statement on Friday.Nearly 18.2 million people visited the company's sites in March, 2.4 million more than the nearest competitor, with an average of 149 browser page views per person, up 3.3% on last month.The company had over 103 million video views, up 23.8% on the previous month.Additionally, the company recorded an audience of 14.4 million in the News category in March, with 619 million browser page views, and an engaged reach of 43 browser page views per person, up 16.4% on the previous month.

ASX:NWS

Asia152d ago

Market Chatter: SoftBank Plans to Produce Batteries for AI Data Centers in Osaka Factory

SoftBank Group's (TYO:9984) mobile unit intends to convert part of its Osaka factory into a major production site for large-scale batteries, aiming to power its own AI data centers, Bloomberg News reported on Friday.The company hopes to begin production within five years, though the plans are still private, the news wire said, citing people familiar with the matter.The battery venture, expected to be announced next month by Chief Executive Officer Junichi Miyakawa as part of a new five-year plan, has received Masayoshi Son's approval but still requires board sign-off, the publication said.A SoftBank representative declined to comment on' emailed request for comment.(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.)

TYO:9984

Asia152d ago

Market Chatter: Japan Banks Line Up 250 Billion Yen in First Funding for US Projects

The Japan Bank for International Cooperation (JBIC), along with MUFG Bank (TYO:8306), Sumitomo Mitsui Banking (TYO:8316), Mizuho Bank (TYO:8411) are arranging about 250 billion yen for initial U.S. project financing under a bilateral framework, Nikkei reported Friday.Funds will go to three projects worth about $36 billion, including a gas-fired plant in Ohio, an oil facility in Texas and a synthetic diamond site in Georgia, according to the report.JBIC will provide about one-third, with the rest backed by Nippon Export-Import Insurance guarantees. The Ohio project, led by SoftBank Group (TYO:9984), may receive about 220 billion yen first, with lending to expand in stages, the report said.(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.)

Nikkei 225TYO:8306TYO:8316TYO:8411TYO:9984

Asia152d ago

Auckland International Airport's Passenger Volume Recovery Pace Disrupted by Middle East Conflict, Jefferies Says

Auckland International Airport's (ASX:AIA, NZE:AIA) expected pace of passenger volume recovery has taken a hit from the Middle East conflict as airlines grapple with higher fuel costs, Jefferies said in a Thursday note.Several airlines have trimmed capacity due to elevated fuel costs, and international seat capacity from Auckland Airport has consequently been cut for the fourth quarter, with seat growth slowing to 1% from 8.5% in February, the equity research firm said."Given the Middle East conflict is still ongoing, we see downside risks to current schedules for international capacity growth of 4.2% in [the first half of 2027]," Jefferies said. It added that airlines could resort to capacity discipline and pricing actions to shield margins in the face of fuel price-driven pressure on their cash flows and balance sheets.Jefferies downgraded its passenger forecasts by 0.5% for fiscal year 2026, 2.5% for fiscal year 2027, and 3% for fiscal year 2028.It cut its price target on Auckland International Airport to NZ$8.49 from NZ$8.64 while maintaining a hold rating, saying that it views the company's share price underperformance versus the sector and the market since late February as overdone.

ASX:AIANZE:AIA

Asia152d ago

Japan Stocks Open Higher on Iran Talks, Lebanon Ceasefire Extension

Japanese shares slightly rose at the start of Friday's session, as investors remain cautiously optimistic on the U.S.-Iran negotiations after an extended ceasefire between Israel and Lebanon.The Nikkei 225 rose 267.2 points or 0.5% to open at 59,407.44President Donald Trump announced a three-week extension of the ceasefire between Israel and Lebanon, yet investors stayed wary as market direction depends on whether tensions with Iran intensify or move toward diplomatic solutions.The West Texas Intermediate climbed to about $97 a barrel, while Brent Crude closed at nearly $105 on Thursday.At home, Japan's core inflation accelerated to 1.8% in March from 1.6% the previous month, driven by higher energy costs-a trend that could affect the Bank of Japan's decision to leave its benchmark rate unchanged coming Tuesday.

Nikkei 225

Asia152d ago

Commonwealth Bank of Australia Deploys Agentic AI System to Combat Fraud, Scams

Commonwealth Bank of Australia (ASX:CBA) has launched a new agentic artificial intelligence (AI) system that continuously analyzes payments data to identify emerging fraud patterns and propose real-time detection rules, strengthening its ability to intercept scams faster while maintaining human oversight, according to a Friday statement by the bank.The system leverages the bank's wider AI infrastructure, which analyzes over 80 million signals and processes about 20 million payments daily, enabling it to issue over 40,000 proactive fraud alerts to customers each day.The initiative, part of the bank's AU$1 billion annual security investment, has already reduced fraud losses by over 20% in the early year and helped generate or update around three-quarters of card fraud rules.The bank's shares fell 1% in recent Friday trade.

ASX:CBA

Asia152d ago

Qoria Signs Deed of Variation With Digital Safety Company; Shares Down 17%

Qoria (ASX:QOR) signed a deed of variation with digital safety company Aura to amend the merger implementation deed and associated disclosure letter entered into on Feb. 2, according to a Friday filing with the Australian bourse.The deed makes changes to allow Aura's increased equity placement of $100 million, up from $75 million, and permit the leadership arrangements for the merger, the filing said.The amended deed also clarifies that the securities, which may be issued on the conversion of the working capital facility provided by Aura to Qoria, are not included in calculating Qoria's fully diluted issued capital for the scheme consideration in the merger implementation deed and the scheme, per the filing.Qoria shares fell 17% in morning trade Friday.

ASX:QOR

Asia152d ago

Judo Capital Holdings Expects Fiscal Year 2026 Profit at Lower End of Guidance

Judo Capital Holdings (ASX:JDO) said third-quarter lending growth, net interest margins, and operating expenses remain on track, reaffirming fiscal year 2026 profit before tax guidance of AU$180 million to AU$190 million, albeit toward the lower end, inclusive of a top-up to its collective provision in response to current economic conditions, according to a Thursday Australian bourse filing.The bank's third-quarter net interest margin (NIM) rose to about 3.15% from 3.03% in the first half of the fiscal year, in line with existing second-half NIM guidance, with gross loans and advances (GLA) growing to AU$13.8 billion on March 31 from AU$13.4 billion on December 2025, the filing added.Attrition improved to 15% annualized in the third quarter, down from 33% in the second quarter, driven by lower levels of external refinances and discretionary paydowns, while total deposits increased to AU$11.5 billion at March 31, the filing added.Common equity tier one (CET1) capital remained at 12.6% at March 31, unchanged from December 2025, with 90-day-past-due and impaired loans at 2.65% of GLA, a slight improvement from 2.66% in December 2025, the filing added.Full fiscal year guidance includes NIM at the upper end of 3% to 3.1%, a cost-to-income ratio below 50%, and GLA of AU$14.4 billion to AU$14.7 billion, with new term deposit pricing expected to normalize to within 80 to 90 basis points over one-month bank bill swap rate (BBSW) by the end of the fiscal year, it added.

ASX:JDO

Asia152d ago

Market Chatter: SMFG Targets to Manage 10 Trillion Yen in University Assets

Sumitomo Mitsui Financial Group (TYO:8316) or SMFG plans to launch a full-scale asset management service for Japanese universities as investment becomes more crucial for higher education, Nikkei Asia reported on Friday.Private universities and junior colleges hold an estimated 10 trillion yen or $62.7 billion in assets - mainly in cash equivalents and bonds, the news daily said, citing the Promotion and Mutual Aid Corporation for Private Schools of Japan (PMAC).While Japan's national universities have become more proactive with their assets, directing more money toward growth-oriented investments, their exposure to stocks and investment trusts remains limited, the report said.(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.)

TYO:8316

Asia152d ago

FireFly Metals Secures Approvals to Divest Canada Project to Bellavista Resources

FireFly Metals (ASX:FFM) and Bellavista Resources (ASX:BVR) obtained all necessary shareholder approvals and satisfied or waived remaining conditions for the sale of FireFly's Ontario gold portfolio, including its 70% stake in the Pickle Crow Project and full ownership of the Sioux Lookout Project, according to a Friday filing with the Australian bourse.Completion of the transaction is expected on April 29, per the filing.Firefly will receive 60 million Bellavista shares upfront, along with 50 million performance rights, with an in-specie distribution to shareholders scheduled for May 11, equating to around one Bellavista share for every 12.8 Firefly shares held, the filing said.The transaction includes a waiver of the Australian Taxation Office class ruling condition, with tax treatment still pending final confirmation, the filing added.FireFly Metals and Bellavista Resources' shares each shed about 1% in recent Friday trade.

ASX:BVRASX:FFM

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