Financial News · Live Terminal

Page 162 of 819

Nomura Adjusts Sariguna Primatirta's Price Target to IDR620 from IDR680, Keeps at Buy

Mentiga Discloses May Production Figures

Mentiga (KLSE:MENTIGA) reported fresh fruit bunch (FFB) production of 2,736.55 metric tonnes for May, according to a Tuesday Malaysian bourse filing.Crude palm oil output for the month stood at 535.8 tonnes, while palm kernel production came in at 127.3 tonnes.The plantation group did not provide year-on-year comparisons.

KLSE:MENTIGA

Asia17d ago

Tesson Unit Enters Cooperation MoU for Charging Station Project; Shares Surge 23%

Tesson Holdings (HKG:1201) unit Tesson Sino Express Intelligence Power (Hong Kong) entered into a one-year MoU with China Railway First Group for non-exclusive cooperation on a project, according to a Tuesday Hong Kong bourse filing.Shares of the lithium-ion power battery company were up 23% in Wednesday afternoon trading.The project involves the construction, operation, and maintenance of Photovoltaic-Storage-Charging-Inspection integrated charging stations in Hong Kong.A carpark in Hoi Wang Road, Tsuen Wan, is expected to be the first pilot project.

HKG:1201

Asia17d ago

Tata Consultancy Services Partners With Elopak for Multi-Year IT Transformation Program

Tata Consultancy Services (NSE:TCS, BOM:532540) has entered into a multi-year partnership with Elopak ASA to manage and transform the latter's global IT operations.Tata Consultancy Services will oversee Elopak's IT services through a process-centric operating model, aligning technology operations with business priorities and improving efficiency and agility, according to an Indian bourse filing on Wednesday.The scope of work includes deployment of an integrated service desk and modernization of key enterprise applications across Elopak's global operations.Shares of Tata Consultancy rose nearly 1% in recent trade.

BOM:532540NSE:TCS

Asia17d ago

Prince Housing & Development Names Chief Accounting Officer

Prince Housing & Development (TPE:2511) appointed Assistant Vice President Hung-Yu Wu as its new Chief Accounting Officer and acting spokesperson, according to a Wednesday Taiwan Exchange filing.He will succeed Manager Da-Chang Tai, who is stepping down from the role.

TPE:2511

Asia17d ago

MLOptic Targets 1 Billion Yuan Manufacturing Base, 20 Patents in 2026

MLOptic (SHA:688502) formulated an action plan for 2026 to ensure sustainable development and protect shareholder interests, according to a Shanghai bourse filing on Wednesday.Under the plan, the Chinese precision optical services company plans to build a mass-production manufacturing base for 1 billion yuan to meet growing demand.The company also aims to file at least 20 patent applications for the year.The company's shares jumped 6% at the close.

SHA:688502

Asia17d ago

South Korean Shares Close Higher for Fifth Day on Chip Stock Gains

South Korean shares extended their winning streak for a fifth consecutive session on Wednesday, owing to a rally by key chipmakers in the country, such as Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), which added over 1% and nearly 6% at day's end.The benchmark Korea Composite Stock Price Index, or Kospi, increased by 1.6%, or 137.64 points, to close at 8,864.24. The Kosdaq also rose by 1.3%, or 13.28 points, to end at 1,031.96.In corporate news, Taihan Cable & Solution (KRX:001440) secured a supply order for HVDC XLPE power cables and related accessories from Korea Electric Power Corporation (KRX:015760), according to a filing with the Korea Exchange on Wednesday.The contract, valued at 133.02 billion won, excluding VAT, is valid until March 27, 2028.Shares of both Taihan Cable & Solution added over 1% at market close, while those of Korea Electric Power added nearly 2%.In other news, Kolon (KRX:002020) subsidiary Kolon Global (KRX:003070) secured a street housing redevelopment project in Majang-dong district 3 in Seoul, according to a Wednesday filing with the Korea Exchange.The project is valued at 103.4 billion won.Shares of Kolon added nearly 1% at market close.

^KOSDAQKOSPIKRX:000660KRX:001440KRX:002020KRX:003070KRX:005930KRX:015760

Asia17d ago

China Flags UK Sanctions Against Four Chinese Entities over Involvement with Russia Military

China's embassy in the U.K. filed "serious representations" with authorities in London after Britain released sanctions against four Chinese entities for their alleged involvement in Russia's military, according to a statement from the embassy released Tuesday.The embassy called on London to correct what it says are "wrongdoings" and withdraw the sanctions against the four entities.China has promoted peace talks and has controlled the export of dual-use items, the embassy said."Normal exchanges and cooperation between China and Russia should not be disrupted or affected," the spokesperson said.

Shanghai Composite^SZSE

Asia17d ago

Eastern Media Unit Awards NT$628 Million Construction Deal, Updates Related NT$700 Million Contract

Eastern Media International (TPE:2614) unit Eastern Asset awarded construction-related contracts worth a combined NT$628 million for its Linkou Global Operations Headquarters project in New Taipei, Taiwan, according to a Wednesday Exchange filing.The work was awarded to Lead-Fu Industrials and covers curtain wall engineering and material procurement for Building B of the development.In a separate same-day disclosure, the company also updated details of a related curtain wall agreement for the office building, with the total package valued at NT$700 million, including NT$56 million for engineering and NT$644 million for materials, with no changes to counterparties or core terms.

TPE:2614

Asia17d ago

Intsig Information Renews Business License

Intsig Information (SHA:688615) obtained a renewed business license after completing changing certain information in its industrial and commercial registration, according to a Shanghai bourse filing on Wednesday.Among the changes is the Chinese software manufacturer's registered capital, which was adjusted to 196 million yuan.

SHA:688615

Asia17d ago

Chinese Shares Rise as Central Bank Unveils Major Financial Policy Measures

Chinese shares closed higher on Wednesday, driven by supportive policy signals from the country's central bank.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.4% to 4,108.08. The Shenzhen Component Index soared 1.3% to 15,880.95.Pan Gongsheng, governor of the People's Bank of China, on Wednesday announced six new financial policy measures at the 2026 Lujiazui Forum in Shanghai.These include refining the short-term interest rate regulation mechanism, creating a repo facility for overseas central banks, studying a macro-prudential liquidity support tool for non-bank institutions, piloting offshore yuan forex trading in the Shanghai Free Trade Zone, issuing an action plan for offshore finance in Shanghai and launching the interbank market data repository.Also, 26 financial institutions signed direct participant agreements with China's digital yuan operation center in Shanghai. Through the Cross-border e-CNY Transfer Services (CBETS), participants can directly connect with the payment systems of foreign central banks and overseas financial institutions, slashing the settlement period to just a few hours from several days.In company news, Yangzhou Yangjie Electronic Technology (SHE:300373) secured a conditional nine-month exemption from European Union sanctions under Resolution (CFSP) 2026/1333. Shares of the power semiconductor wafer manufacturer closed 5% higher Wednesday.

Shanghai Composite^SZSESHE:300373

Asia17d ago

Billion Electric Posts Other Receivables of NT$204 Million in May

Billion Electric (TPE:3027) reported other receivables of NT$203.6 million in May, equivalent to 6.28% of total assets and 15.66% of share capital, according to a Tuesday Taiwan Exchange filing.Shares gained about 2% in Wednesday's midday trade.Of this, NT$167.1 million was classified as overdue, while recoveries during the month stood at NT$3.32 million, the filing said.The company has initiated arbitration proceedings through the South China International Economic and Trade Arbitration Commission (SCIA) to recover $4.46 million in receivables from China Potevio, and Potevio International.The case is currently in progress, with the ruling deadline extended to June 30, the filing said.

TPE:3027

Asia17d ago

Market Chatter: JSW Realty Seeks INR16 Billion Loan From Tata Capital

JSW Group's real estate arm, JSW Realty, is in advanced discussions to raise a five-year loan worth 16 billion Indian rupees from Tata Capital (NSE:TATACAP, BOM:544574), Bloomberg reported Tuesday, citing people familiar with the matter.The proposed financing is reportedly intended to support development of an office project near Bandra business district of Mumbai.The loan could be priced in the 9% to 11% range, compared with the current five-year government bond yield of 6.47%, the report noted. The discussions are ongoing and the transaction has not been finalized, it added.JSW Realty and Tata Capital did not immediately respond to' 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.)

BOM:544574NSE:TATACAP

Asia17d ago

Glenmark Pharmaceuticals Launches Methylene Blue Injection in US

Glenmark Pharmaceuticals (NSE:GLENMARK, BOM:532296) has launched Methylene Blue Injection USP, 50 mg/10 mL (5 mg/mL) Single‐Dose Vial in the US, according to a Wednesday filing to the Indian stock exchanges.Glenmark's Methylene Blue Injection is bioequivalent and therapeutically equivalent to Provepharm's reference-listed drug ProvayBlue.Methylene Blue is prescribed to treat methemoglobinemia, a blood condition that affects how red blood cells deliver oxygen throughout your body.According to IQVIA sales data, ProvayBlue injection achieved annual sales of around $19 million for the 12 months ended April 2026.

BOM:532296NSE:GLENMARK

Asia17d ago

Japanese Shares Recoup Early Losses as Investors Await US Fed Policy, Middle East Developments

Japanese shares recovered from early-session losses to close higher on Wednesday as investors positioned themselves ahead of the US Federal Reserve's decision on interest rates and monitored progress of the US-Iran conflict.The Nikkei 225 finished the day up 497.75 points or 0.72% at 69,902.25.Investors are awaiting the US Fed Chairman Kevin Warsh's comments on inflation, unemployment, and the economic outlook at his first post-Federal Open Market Committee press conference later in the day.On the economic front, Japan incurred a trade deficit of 378.7 billion yen in May, versus a revised trade surplus of 299.3 billion yen in April, according to preliminary data released by Japan Customs on Wednesday.The country's core machinery orders, which exclude volatile sectors such as ships and electric power, increased 8.7% month on month on a seasonally adjusted basis in April, according to data from the Cabinet Office released on Wednesday.On the corporate side, TBS Holdings (TYO:9401) repurchased 2.7 million shares for 16.82 billion yen through the Tokyo Stock Exchange's treasury share repurchase trading system on Wednesday, according to a filing on the Tokyo Stock Exchange.Also, Marubeni (TYO:8002) acquired EagleRidge Energy II, securing a production footprint in the Barnett Shale near Dallas, one of the largest metropolitan areas in the U.S, at an undisclosed value, according to a company statement on Wednesday.

Nikkei 225TYO:8002TYO:9401

Asia17d ago

Woojin Bags KRW10.9 Billion Instrumentation Project

Woojin, (KRX:105840) a nuclear equipment maker, secured a 10.93 billion won contract from Hydro & Nuclear Power for in-core instrumentation sensors for four reactor overhauls in 2027, according to a filing with the Korean Exchange on Wednesday.The sensor will measure nuclear fission levels within reactors and will be supplied for outages at Saeul Unit 1, Hanul Units 2 and 3, and Hanbit Unit 3.The contract will run through Oct. 12, 2027, with deliveries expected between Feb. 28, 2027, and Oct. 12, 2027.

KRX:105840

Asia17d ago

Takara Holdings Completes 1.4 Billion Yen Share Buyback

Takara Holdings (TYO:2531) repurchased 659,400 shares for 1.44 billion yen through the Tokyo Stock Exchange's Open market purchase on Monday, according to a same-day filing on the Tokyo Stock Exchange.The board, on May 13, authorized the repurchase of up to 1.9 million shares, or 0.99% of its total number of outstanding shares, excluding treasury stock, for up to 3 billion yen through June 30.

TYO:2531

Asia17d ago

SH Energy & Chemical Names Co-CEO

SH Energy & Chemical (KRX:002360) named Choi Chan-Wook as co-chief executive officer, alongside Jung Kyu-bong, according to a filing with the Korean Exchange on Wednesday.Choi previously served as a managing director at LG Chem (KRX:051910).

KRX:002360KRX:051910

Asia17d ago

26 Financial Institutions Sign Up for Digital Yuan Cross-Border Payment Platform

Twenty-six financial institutions on Tuesday signed direct participant agreements with China's digital yuan operation center in Shanghai, according to a same-day Xinhua News report.Through the Cross-border e-CNY Transfer Services (CBETS), participants can directly connect with the payment systems of foreign central banks and overseas financial institutions, slashing the settlement period to just a few hours from several days, according to the state-owned media report.The first batch of direct participants includes Standard Chartered China and several Chinese-funded banks' branches in Thailand, Singapore, Laos and Qatar.

Shanghai Composite^SZSE

Asia17d ago

Black Yak I&C Lends KRW8.3 Billion to Subsidiary for Debt Repayment

Black Yak I&C (KOSDAQ:478560) provided a loan of 8.3 billion won to its subsidiary, ST Beta Jeilcha, for debt repayment purposes, according to a Wednesday filing with the Korean bourse.The loan carries an annual interest rate of 4.6%.Black Yak I&C said the funds will be sourced from proceeds of the second tranche of convertible bonds disclosed in a filing on May 13.

KOSDAQ:478560

Showing 3221-3240 of 16363