Financial News · Live Terminal

Page 24 of 1596

Singapore Shares Open Muted

Singapore shares opened muted but with a positive bias on Tuesday as oil prices eased.The Straits Times Index was little changed at 5,675.3.Brent crude traded near $100 per barrel on Tuesday, easing from nearly $110 last week, as some Middle East crude shipments were able to pass through the Strait of Hormuz.

^STI

Asia1d ago

Bankers Investment Trust Reports Net Asset Value

Bankers Investment Trust's (NZE:BIT) unaudited net asset value was 1.612 pounds sterling per share as of Sept. 18, according to a Tuesday filing with the New Zealand bourse.This included current financial year revenue items and excluded shares held in treasury.The unaudited net asset value, excluding current financial year revenue items and shares held in treasury, was 1.608 pounds sterling per share, the filing said.

NZE:BIT

Asia1d ago

S.F. Holding Controlling Shareholder Stake Rises Passively to 48.22%

S.F. Holding's (SHE:002352, HKG:6936) controlling shareholder, Shenzhen Mingde Holdings Development, and its concert party, Shenzhen Weishun Enterprise Management, saw their combined stake increase passively to 48.22% from 46.76% after the company cancelled repurchased A-shares.The company cancelled 160.16 million repurchased A-shares on Sept. 18, lowering its total share capital to 5.105 billion shares from 5.265 billion, according to a Monday filing with the Hong Kong bourse.The number of shares held by Mingde Holdings and Shenzhen Weishun remained unchanged. The ownership percentage increased solely due to the reduction in total shares outstanding, involving no additional share purchases or capital, the filing said.

HKG:6936SHE:002352

Asia1d ago

Nissan Unveils 2027 Rogue Hybrid for US Market

Nissan (TYO:7201) unveiled the 2027 Rogue Hybrid, bringing its e-POWER hybrid technology to the US market, according to a Monday statement.The release is part of Nissan's strategy to expand its vehicle lineup in the U.S., which the automaker sees as a key market for growth.The Rogue has recorded nearly 4 million unit sales across three generations.

TYO:7201

Asia1d ago

BHP, Amazon Start Pilot to Trade Credits for Lower Greenhouse Gas Emissions Associated With Chile Copper Mine Production

BHP Group (ASX:BHP) and Amazon established a pilot to buy and sell credits for lower greenhouse gas emissions associated with the production of copper concentrate and cathodes at Escondida mine in Chile, an industry first, according to a Tuesday statement from the mining giant.The pilot seeks to demonstrate a potential industry framework to purchase Environmental Attribute Certificates (EACs), which are only applied to emissions within copper supply chains, BHP said. The EACs are created by copper producers and sold to downstream users, who can then retire these EACs against the greenhouse gas emissions of copper in their supply chain.Under the pilot, Amazon can retire the EACs against the copper it uses in power, cooling, and compute infrastructure, the miner added.

ASX:BHP

Asia1d ago

News Corp Records Over 16 Million Visits on Australian Sites in August

News Corp (ASX:NWS) said Ipsos iris rankings show that about 16.6 million people visited the company's Australian sites in August, widening the gap with its nearest competitor to 2.9 million visitors, according to a Tuesday statement.The company also saw an average of 143 browser page views per person and more than 83.9 million video views for the month.In the news category, News Corp Australia was the top publisher in August, reaching an audience of about 12.7 million with an average of 52 minutes spent per person across the company's news sites, it said.Meanwhile, news.com.au delivered 295 million browser page views in August, and consumers spent an average of 33 minutes per person on the website.

ASX:NWS

Asia1d ago

First Sponsor Group Sets Record Date for Rights Issue

First Sponsor Group (SGX:ADN) has set Sept. 29 as the record date for its rights issue.The company is offering one 4.85% perpetual convertible security for every five existing shares at an issue price of SG$1.08 each, according to a Monday filing with the Singapore bourse.Last month, First Sponsor proposed the rights issue to raise up to SG$332.6 million.Proceeds will fund the expansion of the group's property holding, development and financing businesses, as well as repay related borrowings.

SGX:ADN

Asia1d ago

Shenzhen Camsense Technologies Launches HK$682 Million Hong Kong IPO

Shenzhen Camsense Technologies (HKG:6802) launched its Hong Kong initial public offering on Tuesday, seeking to raise up to HK$682 million.The China-based technology company is offering 11.6 million H shares at HK$58.85 each, according to a Hong Kong bourse filing.The offering comprises 1.2 million shares for Hong Kong investors and 10.4 million shares for international investors, subject to reallocation and the overallotment option.Allocation results are due by Sept. 29, ahead of the company's planned trading debut on Sept. 30.The proceeds will be used mainly to enhance R&D capabilities, strengthen core technologies, and develop sensor products, with the remainder allocated to enhance manufacturing capabilities and for working capital and general corporate purposes.The offering has two cornerstone investors, Golden Link Worldwide and Taiwan ZMAX Optech, which have committed to subscribe for a combined HK$110 million worth of shares.China International Capital Corporation Hong Kong Securities, Guosen Securities (HK) Capital and GF Securities (Hong Kong) Brokerage are serving as joint sponsors, sponsor-overall coordinators, overall coordinators and joint global coordinators.

HKG:6802

Asia1d ago

Latrobe Magnesium Secures Nearly AU$9 Million Through Placement, Entitlement Offer; Shares Fall 11%

Latrobe Magnesium (ASX:LMG) has secured firm commitments to raise AU$8.5 million through a AU$5.1 million institutional placement and a fully underwritten AU$3.4 million non-renounceable entitlement offer, both priced at AU$0.015 per share, according to a Tuesday filing with the Australian bourse.The placement will issue about 339 million new shares, while the 1-for-15 entitlement offer will issue around 227.7 million shares, with eligible shareholders able to apply for up to an additional 100% of their entitlement, per the filing.The proceeds will be used to fund the final structural works for phase 1B of the company's Latrobe Valley demonstration plant, support the fiscal 2026 magnesium crown commissioning and production campaign, establish the initial 50,000 tonnes per annum US plant study, and provide working capital, the filing said.Separately, the company will pay Long State Investment AU$191,429 to settle the swap component of its previous facility.Long State will also sell its remaining shares in the company at the offer price, exiting its shareholding, while the facility will remain available, although the company does not intend to use it for future equity funding, the filing added.The company's shares fell 11% in recent Tuesday trade.

ASX:LMG

Asia1d ago

Tivan Apologizes to Native Title Holders for Breach of Heritage Protection Agreement During Western Australia Project Exploration, Shares Up 5%

Tivan (ASX:TVN) acknowledged that it unintentionally breached a heritage protection agreement during a 2025 exploration program at the Speewah fluorite project in Western Australia and publicly apologized to the Nganjuwarr Native Title Holders in connection with the agreement, according to a Tuesday Australian bourse filing.The firm acknowledged that its processes and record-keeping "fell short of what was required" under the agreement and it accepted full responsibility for the breaches. It said that it committed to taking all necessary steps to ensure the non-compliance is not repeated and that it has undertaken a comprehensive review of its internal processes and has implemented strengthened procedures.Tivan, the Nganjuwarr Native Title Holders and their prescribed body corporate, Giliwinggin Aboriginal Corporation, are negotiating a native title agreement which is expected to include a cultural heritage management plan that will operate in place of the existing agreement.Tivan will pay AU$50,000 as compensation for the non-compliance in accordance with a deed of release executed by Tivan and Giliwinggin Aboriginal Corporation.Its shares jumped 5% in recent trading on Tuesday.

ASX:TVN

Asia1d ago

Centuria Capital Group Says Bathla Group Project in New South Wales Receives Occupation Certificate

Centuria Capital Group (ASX:CNI) said troubled property developer Bathla Group's Sanctuary Quarter residential community in New South Wales received an occupation certificate, allowing it to progress through the settlement process for sales, subject to title issuance, according to a Tuesday filing with the Australian bourse.The company said its Centuria Bass division continues to target an orderly and timely recovery of investor capital from exposures to the Bathla Group.Centuria Capital Group's shares were up nearly 2% in recent Tuesday trade.

ASX:CNI

Asia1d ago

SF Holding Unit Invests 100 Million Yuan in Hard-Tech Venture Fund

SF Holding (SHE:002352, HKG:6936) said its wholly owned subsidiary Shenzhen SF Investment has committed 100 million yuan to a private equity fund focused on hard-tech companies, according to a Monday Hong Kong bourse filing.The fund, Hangzhou Chuangyi Future Equity Investment Partnership, has a target size of 7 billion yuan and had total subscribed capital of 3.72 billion yuan as of Monday.It will primarily invest in unlisted growth-stage companies in China.The fund is managed by Shanghai Jingzhuo Investment Management, while SF Investment will hold a limited partner interest.The fund's investment focus includes hard-tech sectors and high-growth companies.

HKG:6936SHE:002352

Asia1d ago

Hisense-Controlled Ligent Nets HK$5.4 Billion in Hong Kong IPO

Ligent Technologies (HKG:9856) is set to receive HK$5.4 billion in net proceeds from its initial public offering in Hong Kong after pricing the shares at the offer price.The Hisense-controlled optical communication products maker offered over 172 million shares at HK$32.96 apiece, according to a Monday filing with the bourse.The Hong Kong public offering was 35.16 times subscribed, with 17.2 million shares allocated, while the international offering was 4.67 times subscribed, with 154.8 million shares allocated.Cornerstone investors were allotted 80.9 million shares, representing 47.02% of the IPO shares.Ligent is set to debut on the HKEX on Tuesday, Sept. 22.

HKG:9856

Asia1d ago

AGL Energy Says Electrify Now Tool Saw 400% Rise in Quote Requests Across Electrification Products, Services Over Previous Year

AGL Energy's (ASX:AGL) Electrify Now digital tool saw a 400% rise in quote requests across electrification products and services over the year from July 2025 to July 2026, the firm's head of electrification, product and channels, Ryan Wavish, said in a statement on Tuesday.The tool, which uses household electricity data to provide personalised insight into potential upgrades, saw over 1.1 million visits since its launch in 2024.Home batteries are an area where interest is growing quickly, the firm noted, citing falling battery costs and the introduction of an Australian Government program.Its shares declined 1% in recent trading on Tuesday.

ASX:AGL

Asia1d ago

Update: Market Chatter: Korea Investment Plans Sale of $1 Billion in Private Equity Holdings

(Updates to add that PJT has no comment)Korea Investment plans to sell over $1 billion in private equity holdings, Bloomberg News reported, citing people with knowledge of the matter.The sovereign wealth fund has hired investment bank PJT Partners for the transaction, the report cited unnamed sources as saying.The talks are in the preliminary stage, with details subject to change, according to the news outlet's sources.A PJT representative, in an emailed response to' query, said the company has no comment.Meanwhile, Korea Investment 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.)

^KOSDAQKOSPI

Asia1d ago

Rio Tinto Group Partners With Charity to Help Preserve Indigenous Languages

Rio Tinto Group (ASX:RIO) entered a three-year partnership with charity organization the Australian Literacy and Numeracy Foundation to help indigenous communities preserve their languages for posterity, according to a Tuesday statement.The partnership will assist Aboriginal and Torres Strait Islander communities to develop language initiatives through the foundation's Living First Languages platform, which lets communities "capture, manage and teach their languages in ways that reflect local priorities, cultural protocols and aspirations," the company said.The partners will support community-led language initiatives in Queensland, the Northern Territory, Western Australia, and New South Wales.

ASX:RIO

Asia1d ago

Apollo Minerals Completes Airborne Geophysical Survey at Tungsten-Gold Project in Partnership with French Geological Survey, Shares Up 6%

Apollo Minerals (ASX:AON) said an airborne geophysical survey was completed at its Couflens tungsten-gold project in France in collaboration with the French Geological Survey ("BRGM") and its subsidiary BRGM Explore, according to a Tuesday Australian bourse filing.A total of 180 line-kilometers of 100-meter-spaced lines of helicopter-borne magnetic and radiometric survey was completed. It added that planning was underway for an initial, low-impact underground drill program within the underground mine workings.Its shares advanced 6% in early trading on Tuesday.

ASX:AON

Asia1d ago

Seatrium Launches New SG$200 Million Share Buyback Program

Seatrium (SGX:5E2) has launched a new SG$200 million share buyback program, which allows the company to repurchase up to 2% of its total issued shares, according to a Tuesday filing with the Singapore Exchange.The latest offering is double the size of the ship repair company's preceding SG$100 million share buyback program that was fully utilized on Sept. 1.The buyback will be funded by existing cash resources and is subject to shareholder approval at the company's annual general meeting.

SGX:5E2

Asia1d ago

Market Chatter: Carlyle Prepares $400 Million IPO for Indian Auto-Parts Unit

Carlyle Group is preparing to list its Indian auto-parts platform, Highway Roop Precision Technologies, to raise $400 million in the first half of next year, Bloomberg News reported on Tuesday.Carlyle is working with Kotak Mahindra Capital, JM Financial, Goldman Sachs, and Nomura for the IPO, which will include both primary and secondary shares, though final details on size, valuation, and timing remain subject to market conditions, the news wire said.This move is part of Carlyle's broader push to list multiple India portfolio companies amid a rebound in Indian IPO activity, the publication said.Highway Roop Precision Technologies, Carlyle, and the banks 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.)

^BSEI^NSE

Asia1d ago

AML3D Participating in Nearly AU$4 Million Aerospace Manufacturing R&D Project; Shares Gain 7%

AML3D (ASX:AL3) is joining a three-year advanced aerospace manufacturing research and development project under which participants will provide about AU$3.9 million, according to a Tuesday filing with the Australian bourse.AML3D's contribution to the project is expected to be about AU$530,000, including AU$130,000 in cash and AU$400,000 in staff and other in-kind contributions over the project term, per the filing.One of the objectives of the project is to develop AML3D's wire-arc additive manufacturing technology and processes to a level that is appropriate for qualified aerospace tooling production applications, the company said.If successful, the project will position the company as a potential aerospace tooling production supplier.AML3D shares gained 7% in recent Tuesday trade.

ASX:AL3

Showing 461-480 of 31909