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Wasion to Raise HK$1.5 Billion via Share Placement, Top-Up Subscription

Wasion Holdings (HKG:3393) plans to raise about HK$1.47 billion in net proceeds through a share placing and top-up subscription, according to a Tuesday Hong Kong bourse filing.Shareholder Star Treasure Investments will place up to 50 million shares at HK$30.00 each to at least six investors on a best-efforts basis.The placing represents about 5% of the company's existing issued share capital.Wasion will issue the same number of new shares to the seller under a top-up subscription at the same price.Net proceeds will be used for business expansion, research and development, overseas market growth, potential acquisitions, debt repayment, and general working capital.

HKG:3393

Asia155d ago

Recce Pharmaceuticals Says Indonesian Regulator Completes Routine Regulatory Inspection of Phase Three Clinical Trial Site

Recce Pharmaceuticals (ASX:RCE) said the Indonesian National Agency of Drug and Food Control completed a comprehensive routine regulatory inspection of a phase three clinical trial site in Indonesia, with no findings noted that prevent the study from continuing, according to a Tuesday Australian bourse filing.The phase three clinical trial for the treatment of diabetic foot infections is advancing patient dosing, and it is on track to produce interim data from 155 patients.The firm's shares rose 2% in recent trading on Tuesday.

ASX:RCE

Asia155d ago

ASX Midday Sector Update: Consumer Staples Gain, Energy Stocks Slide

Consumer staples stocks were advancing about 0.5% in midday trading Tuesday, posting a very thin lead over gains for information technology shares.Woolworths Group (ASX:WOW) was up nearly 1% and Coles Group (ASX:COL) rose less than 1%.On the flip side, energy stocks were down 1% as oil prices trended lower amid hopes that Iran will join a second round of peace negotiations with the US.Woodside Energy Group (ASX:WDS) was shedding almost 2%, while Santos (ASX:STO) was down more than 1%.

ASX 200ASX:COLASX:STOASX:WDSASX:WOW

Asia155d ago

Bioxyne Reports 137% Jump in Fiscal Q3 Revenue; Shares Fall 3%

Bioxyne (ASX:BXN) reported a record revenue of AU$21.3 million for the fiscal third quarter, up 137% from a year earlier, driven by increased demand for its GMP manufactured medicinal cannabis, MDMA, and psilocybin products, according to a Tuesday Australian bourse filing.Cash receipts came in at AU$20.9 million during the three months ended March 31, compared with AU$8.5 million in the same period in the previous year.The company expects its fiscal 2026 revenue to be in the range of AU$65 million to AU$75 million and adjusted earnings before interest, taxes, depreciation, and amortization in the range of AU$16.5 million to AU$19 million.The company's shares fell about 3% in recent Tuesday trade.

ASX:BXN

Asia155d ago

Nuobikan AI Technology Signs Cooperation Deal With Inspur Smart City

Nuobikan Artificial Intelligence Technology (HKG:2635) entered into a cooperation agreement with Inspur Smart City Technology on smart city infrastructure development, according to a Hong Kong bourse filing Tuesday.The artificial intelligence-driven cooperation will also center on urban safety, urban governance, and urban digital infrastructure, with an estimated value of 500 million yuan.

HKG:2635HKG:2635

Asia155d ago

Boab Metals Unit Signs Six-Year Diesel Supply Deal With CGL Fuel

Boab Metals (ASX:BML) said that its subsidiary Sorby Management has entered into a six-year diesel supply agreement with CGL Fuel, a subsidiary of Cambridge Gulf, to support operations at the Sorby Hills silver-lead-zinc project, according to a Tuesday filing with the Australian bourse.The agreement secures a reliable long-term diesel supply for the construction, commissioning, and operational phases, enhancing the project's readiness ahead of its planned first concentrate production in the second half of 2027, per the filing.The agreement secures supply via Wyndham Port with direct site delivery, includes onsite fuel storage and dispensing, and improves cost certainty and operational stability as the project advances, the filing added.The company's shares fell 1% in recent Tuesday trade.

ASX:BML

Asia155d ago

Nanhua Futures' Profit Jumps 139% in Q1

Nanhua Futures' (HKG:2691, SHA:603093) net profit attributable to shareholders rose about 139% to 204.8 million yuan in the first quarter from 85.7 million yuan a year prior, a Tuesday Hong Kong bourse filing said.Earnings per share at the futures brokerage came in at 0.29 yuan, compared with 0.14 yuan a year earlier.Operating revenue increased 61% to 433.1 million yuan from 269.6 million yuan.

HKG:2691SHA:603093

Asia155d ago

Kasumigaseki Capital Sees No Damage From Sanriku Earthquake

Kasumigaseki Capital (TYO:3498) said an offshore earthquake near Sanriku caused no damage to its facilities or operations, according to a Tuesday filing on the Tokyo Stock Exchange.The company said inspections found no impact on assets it owns or manages and no effect on earnings as of early morning.

TYO:3498

Asia155d ago

Rigaku Expands Chip Metrology Tie-Up With Onto Innovation

Rigaku (TYO:268A) agreed to a capital and business alliance with Onto Innovation, alongside a share transfer that will change its largest shareholder, according to a Tuesday filing on the Tokyo Stock Exchange.Onto Innovation will acquire about 61.1 million shares, or 27% of Rigaku, from Atom Investment in the second half of 2026, subject to regulatory approvals. The move will make Onto Innovation the top shareholder, while Atom's stake will be reduced.The tie-up expands an existing collaboration in semiconductor metrology, combining Rigaku's X-ray technology with Onto's optical and analytics capabilities to develop tools for advanced logic, memory and packaging.The companies also plan to deepen cooperation across research, production and sales, while increasing use of software and AI and tapping Onto's global customer base.

TYO:268A

Asia155d ago

Aurum Resources Says Ivory Coast Gold Project Drilling Hits Multiple Thick Gold Intersections; Shares Up 4%

Aurum Resources (ASX:AUE) said the diamond drilling program at the Boundiali gold project in Ivory Coast hit multiple thick gold intersections at the BDT2 deposit, according to a Tuesday Australian bourse filing.The program encountered intercepts of 36 meters at about 2 grams per tonne (g/t) grade of gold from 280 meters, as well as 2 meters at 11.4 g/t grade of gold from 115 meters.The drilling confirmed gold mineralization outside of the current mineral resource estimate boundaries at BDT2.Aurum Resources' shares rose almost 4% in recent trading on Tuesday.

ASX:AUE

Asia155d ago

Australian United Investment Says Merger With Australian United Investment Becomes Effective

Diversified United Investment (ASX:DUI) said that the scheme of arrangement under which it will merge with Australian United Investment Company (ASX:AUI) was now legally effective, according to a Tuesday Australian bourse filing.Diversified United lodged the orders of the Federal Court of Australia with the Australian Securities and Investments Commission.The scheme is expected to be implemented on April 30. Eligible Diversified United shareholders will be entitled to receive the scheme consideration of around 0.4724 new Australian United Investment shares for each Diversified United share held as of Thursday, April 23.

ASX:AUIASX:DUI

Asia155d ago

Astral Resources Grows Total Gold Resource Across Western Australia Projects

Astral Resources (ASX:AAR) said its updated mineral resource estimate (MRE) at the Mandilla Gold Project in Western Australia stands at 54 million tonnes at 1 gram per tonne (g/t) gold for 1.7 million ounces of contained gold, according to a Tuesday Australian bourse filing.The company said, including the MRE at Feysville of 5 million tonnes at 1.2 g/t gold for 196,000 ounces and the MRE at Spargoville of 3 million tonnes at 1.4 g/t gold for 139,000 ounces, the consolidated Astral MRE is now estimated at 62 million tonnes at 1.1 g/t gold for 2.1 million ounces of contained gold.

ASX:AAR

Asia155d ago

Market Chatter: Japan's Solar Share in Power Output Doubles in Decade as Fossil Use Eases

Solar power made up 10% of Japan's electricity generation last year, overtaking the global average of 9%, Bloomberg News reported Tuesday.The share has roughly doubled over the past decade, reflecting steady expansion of renewable capacity. Even so, fossil fuels still supply close to 70% of Japan's power, though rising renewables and a return of nuclear output are gradually reducing reliance on imported fuels, according to the report.Liquefied natural gas demand has declined in recent years, with shipments dropping about 16% between 2018 and 2025 based on ship-tracking data compiled by Bloomberg.Japan's greenhouse gas emissions also edged lower, falling 2.8% in 2024, according to data from the European Commission. However, analysts say the country's goal to cut emissions 60% by 2035 from 2013 levels remains insufficient to put it on a path to net zero by 2050, 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 225

Asia155d ago

Carnaby Resources Begins Reverse Circulation Drilling at Queensland Project

Carnaby Resources (ASX:CNB) began a 3,000-meter reverse circulation drill program at the Greater Duchess project in Queensland, according to a Tuesday Australian bourse filing.The program will test extensions of high-priority targets at Trekelano.

ASX:CNB

Asia155d ago

Aldoro Resources Confirms Further Rare Earth Element Mineralization at Namibia Deposit; Shares Down 10%

Aldoro Resources (ASX:ARN) confirmed further rare earth element and strontium mineralization at the Kameelburg deposit in Namibia, following the receipt of results for diamond drill hole DD004F, according to a Tuesday filing with the Australian bourse.The drill hole encountered "significant" mineralization in multiple zones as it was tested to the current collar depth of 354 meters and remains open at depth, the filing said.An updated mineral resource report is expected to be released within the next two weeks, per the filing.Shares fell almost 10% in morning trade Tuesday.

ASX:ARN

Asia155d ago

Market Chatter: Nissan Doubles EV Range in Solid-State Battery Tests

Nissan Motor (TYO:7201) has cleared key hurdles in developing all-solid-state EV batteries, keeping it on track for mass production in fiscal 2028, Nikkei reported Tuesday.Prototype testing showed the technology can significantly boost energy density versus lithium-ion batteries, supporting longer driving range and faster charging, according to the report.The company is also preparing a more affordable bidirectional charger by 2028, enabling EVs to power homes, with plans to allow surplus electricity sales to the grid around 2030, the report said.In parallel, Nissan is building an in-house software platform to speed up the development of data-driven features. This will support AI-based autonomous driving from fiscal 2027 and the broader rollout of intelligent in-car functions, part of a plan to equip most models with advanced driving capabilities, 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:7201

Asia156d ago

NZX Midday Sector Update: Industrial Services Stocks Rise, Non-Energy Minerals Decline

Industrial services gained the most among New Zealand sectors on Tuesday, advancing 2%.Ventia Services Group (NZE:VNT, ASX:VNT) gained 2% in recent trade.Meanwhile, non-energy minerals shares fell almost 2%.Fletcher Building (NZE:FBU, ASX:FBU) was down nearly 4% in recent trade.

^NZ50ASX:FBUASX:VNTNZE:FBUNZE:VNT

Asia156d ago

Market Chatter: Japan Wholesalers Form Data Alliance to Tackle Delivery Strain

A group of nine major Japanese wholesalers is building a shared logistics network to improve delivery efficiency, responding to a tightening driver pool and rising transport costs, Nikkei reported Tuesday.The partnership spans consumer goods, food, pharmaceuticals and publishing distributors, including Kao Group Customer Marketing, Mitsubishi Shokuhin (TYO:7451) and Mediceo, among others. It marks a rare alignment across sectors that typically run separate delivery systems, according to the report.Instead of operating in silos, the companies will combine shipment data and coordinate routes through a common optimization system. The approach allows trucks to carry mixed loads across categories and fill unused capacity during different times of day, reducing empty runs, the report said.Early trials between Kao and Mitsubishi Shokuhin indicated sizable gains, cutting truck demand and improving route efficiency. A broader rollout later this year aims to raise overall vehicle utilization by around 16%, 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.)

Nikkei 225TYO:7451

Asia156d ago

Telix Pharmaceuticals Becomes Most Shorted ASX Stock as of April 15, ASIC Data Shows

Telix Pharmaceuticals (ASX:TLX) was the most shorted stock on the Australian Securities Exchange as of April 15 with 16.51% short positions, taking the place of Domino's Pizza Enterprises (ASX:DMP), according to data from the Australian Securities & Investments Commission.Domino's Pizza is now the second most shorted stock with 15.44% short positions, data showed.Telix Pharmaceuticals' shares fell 2% in recent Tuesday trade.

ASX:DMPASX:TLX

Asia156d ago

James Hardie Industries Under Law Firm Investigation Over Potential Disclosure Failures

James Hardie Industries (ASX:JHX) is being investigated by law firm Maurice Blackburn over potential disclosure failures ahead of the release of its fiscal first-quarter 2026 results, which precipitated a 34% decline in its Australia-listed shares over two trading days in August 2025, the law firm said.Maurice Blackburn said the company in May 2025 guided for fiscal 2026 organic sales and earnings before interest, taxes, depreciation, and amortization growth across all regions, but in August 2025 reported weaker-than-expected quarterly results that included a fall in earnings and net sales."Our investigation concerns whether James Hardie engaged in misleading or deceptive conduct and/or breached its continuous disclosure obligations by failing to disclose material issues affecting its North American Fiber Cement segment," Maurice Blackburn said.James Hardie Industries did not immediately respond to a request for comment from.The company's shares were gaining more than 1% in recent Tuesday trade.

ASX:JHX

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