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Henan Pinggao Electric's Attributable Profit Jumps 9.5% in 2025

Henan Pinggao Electric's (SHA:600312) attributable profit rose 9.5% to 1.12 billion yuan in 2025 from 1.02 billion yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the electric switchgear manufacturer increased 9.5% to 0.8253 yuan from 0.7540 yuan in the previous year.Operating income edged up 0.9% year over year to 12.5 billion yuan from 12.4 billion yuan.Shares closed 6% lower on Monday.

$SHA:600312

Asia26d ago

Beverly Wilshire's CFO to Step Down

Beverly Wilshire's (SGX:9QX) chief financial officer, Chiew Khim Toh, resigned from the post, effective May 15, according to a Monday filing with the Singapore Exchange.Toh is responsible for the healthcare company's financial and management accounting functions, the filing showed.

$SGX:9QX

Asia26d ago

Sino Harbour's Chair Boost Shareholding

Sino Harbour's (HKG:1663) said its chairman and substantial shareholder, Wong Lam Ping, acquired a further 5.7 million ordinary shares in the firm on Monday, according to a same-day Hong Kong bourse filing.The shares were purchased from the open market for an average price of around HK$0.087 apiece.

$HKG:1663

Asia26d ago

Market Chatter: Oil Price Surge Clouds Japan's Earnings Season as Key Sectors Face Pressure

Japanese firms face a dimmer earnings outlook after the collapse of US-Iran peace talks drove oil prices higher, Bloomberg reported Monday, citing analysts.Chemical makers and other oil-dependent industries face acute vulnerability as the Strait of Hormuz blockade affects over 90% of Japan's crude imports, the news wire said.The surge in oil prices has prompted Nomura's (TYO:8604) Nomura Securities to lower its earnings forecasts for major firms, including Kao (TYO:4452) and Unicharm (TYO:8113), the publication said.Meanwhile, retailers have adopted a cautious stance: budget Italian chain Saizeriya (TYO:7581) cut its full-year profit guidance, and Aeon (TYO:8267) warned about soaring energy and logistics expenses, according to the report.Equity analysts downgraded earnings forecasts for Topix 500 companies in 113 cases last week, marking the first time since July that downgrades have outnumbered upgrades, the news outlet reported.(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.)

$^N225$TYO:4452$TYO:7581$TYO:8113$TYO:8267$TYO:8604

Asia26d ago

TSH Resources Releases March Production Report

TSH Resources (SGX:TSH, KLSE:TSH) published its production results for March, according to a Monday Singapore bourse filing.During the month, the company produced 51,527 metric tons of fresh fruit bunches, the primary raw material for palm oil production.TSH Resources also produced 14,065 metric tons of crude palm oil, 2,764 metric tons of palm kernel, and 29,349 kilograms of rubber during the month.The dual-listed company reported log production volume of 1,412 cubic meters during the period, the filing said.

$KLSE:TSH$SGX:TSH

Asia26d ago

Market Chatter: CPC, Formosa to Keep Domestic Fuel Prices Unchanged

State-owned CPC Corp., Taiwan, and Formosa Petrochemical (TPE:6505) plan to keep domestic fuel prices unchanged this week despite elevated global crude oil prices, after the government gave directives to stabilize consumer prices and ease cost pressures, Taipei Times reported Monday.The state-run firm also considered subsidy policies in neighboring markets to ensure Taiwan continues to have the lowest retail fuel prices in the region, CPC Chairman Fang Jeng-zen reportedly said.Meanwhile, Formosa Petrochemical said it aligned its pricing with CPC after factoring in global oil trends, exchange rates and domestic competition, the newspaper reported.Effective Monday, gasoline prices remain at NT$32.4, NT$33.9 and NT$35.9 per liter for 92, 95 and 98-octane fuel, respectively, while premium diesel stays at NT$31 at CPC stations and NT$30.8 at Formosa outlets, 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.)

$^TWII$TPE:6505

Asia26d ago

The Hour Glass Repurchases More Shares

The Hour Glass (SGX:AGS) bought back 106,000 shares in the open market on Monday for SG$266,612 or SG$2.50919 per share, according to a same-day filing with the Singapore Exchange.The luxury watch retail group has been authorized to buy back around 64.7 million shares under its current mandate. To date, it has repurchased nearly 6 million shares.

$SGX:AGS

Asia26d ago

Leader Environmental Technologies Achieves 80% Sludge Mass Reduction

Leader Environmental Technologies (SGX:LS9) said it achieved an 80% sludge mass reduction with significant improvement in energy efficiency, according to Monday trading with the Singapore Exchange.The project was funded by the National Research Foundation (NRF) of Singapore and was an initiative between the company and Nanyang Technological University (NTU), with the aim of treading of used water sludge.

$SGX:LS9

Asia26d ago

OCBC Buys Back Shares Worth SG$13.5 Million

Oversea-Chinese Banking Corp. or OCBC (SGX:O39) bought back 600,000 shares in the open market nearly SG$13.5 million or SG$22.51 apiece, according to a Monday filing with the Singapore Exchange.The bank has been authorized to buy back around 224.9 million shares from its existing mandate. To date, it has bought back over 26.1 million shares.

$SGX:O39

Asia26d ago

Market Chatter: Taiwan's Inflation Under Control Despite Global Energy Price Hike

Taiwan's central bank said imported inflation remained under control despite rising global energy prices, Taipei Times reported Monday, citing the central bank's report to the Legislative Yuan.The bank said appreciation of the New Taiwan dollar against the US dollar helped cushion the impact of higher import costs, limiting the rise in import prices in local currency terms even as they increased in US dollar terms, according to the reportHowever, it warned that the ongoing conflict in the Middle East has pushed up crude oil and commodity prices, posing upside risks to global inflation, the report said.Consumer prices in Taiwan rose 1.23% annually in the first quarter, remaining below the central bank's 2% alert threshold, supported by government price stabilization measures. The bank said it would continue to monitor external risks and adjust monetary policy as needed, the newspaper reported.(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.)

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Asia26d ago

Chinese Miners Boost Expansion Abroad, S&P says

Chinese miners have boosted their expansion abroad, pointing to a structural change in the sector, S&P Global Ratings said in a Monday release.The recent development is in contrast with the previous government-pushed "go-out" phase led by state-owned enterprises, S&P said.Private companies are focusing on acquisitions abroad to become global players, increase product portfolios, and push for geographic diversification, the rating agency said.Companies that have better financial strength and are more commercially driven have led the overseas move, while metals markets continue to be favorable, S&P said.The rating agency views rated Chinese miners as having broadly solid operating cash flow and good financing access, which anchor their ability to have material investments abroad.

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Asia26d ago

Baobian Electric Subsidiary Receives Capital Injection from China XD in Exchange for 30% Stake

Baoding Tianwei Baobian Electric (SHA:600550) subsidiary Baoding Tianwei Wire Rod Manufacturing plans to boost its capital and introduce two investors, according to a Saturday filing with the Shanghai bourse.China XD Electric (SHA:601179) and China Electric Equipment Group Investment will each invest 155.1 million yuan in exchange for a 30% stake each, the filing said.The company waived its right to subscribe to the capital increase, it said.Following the capital injection, Baobian's stake will reduce to 40% from 100%.Shares closed 3% lower on Monday.

$SHA:600550$SHA:601179

Asia26d ago

Indian Equities Fall on Monday as Ceasefire Talks Fail

Indian equity benchmarks ended lower on Monday after U.S.-Iran talks over the weekend failed to produce a deal.The BSE Sensex dropped 702.68 points, or 0.9%, to close at 76,847.57, while the NSE Nifty 50 fell 207.95 points, or also 0.9%, to settle at 23,842.65.Sentiment weakened after no agreement emerged from weekend talks, held in Pakistan. Meanwhile, the U.S. has also announced plans to blockade the Strait of Hormuz, adding to the investor concerns.Markets remain cautious as a prolonged conflict could keep volatility high, hurting global growth.In corporate updates, Oriental Rail Infrastructure (BOM:531859) secured a 15.7-million-rupee order from Rail Coach Factory, Kapurthala, for supplying seats and berths.Laxmi Organic Industries (NSE:LXCHEM, BOM:543277) has appointed Harshvardhan Goenka as interim chief financial officer, effective April 14.

$^BSE$^NSEI$BOM:531859$BOM:543277$NSE:LXCHEM

Asia26d ago

UOB-Kay Hian Proposes to Renew Buyback Mandate

UOB-Kay Hian (SGX:U10) proposed to renew its buyback mandate at the upcoming annual general meeting, according to a Monday filing with the Singapore Exchange.The company intends to undertake the purchase or acquisition of its shares up to a 10% limit during the period, with a view to increasing shareholders' value and improving the return on equity of the company.

$SGX:U10

Asia26d ago

Anhui Construction Engineering Wins Three Major Projects

Anhui Construction Engineering (SHA:600502) won three major project bids, the largest of which is the 5.76-billion-yuan expressway concession project in Jiangxi province.Other wins include a 1.10-billion-yuan shantytown redevelopment EPC project and a 467-million-yuan airport expansion project in Hefei, according to a filing with the Shanghai bourse.Shares of the construction company closed 1% higher Monday.

$SHA:600502

Asia26d ago

Poly Developments and Holdings Adds Four New Projects in March

Poly Developments and Holdings (SHA:600048) added four new real estate projects in March worth a total of 11 billion yuan, according to a Saturday filing with the Shanghai bourse.The company has one project each in Shanghai and Taiyuan, while it has two in Hangzhou, the filing said.The total land area of the four projects is 126,862 square meters, while the planned floor area is 366,567 square meters.

$SHA:600048

Asia26d ago

Hong Fok Buys Back More Shares

Hong Fok (SGX:H30) bought back 290,000 shares in the open market on Monday for around SG$277,125, according to a same-day after-market filing with the Singapore Exchange.To date, the property investment company has bought back over 11.9 million shares.

$SGX:H30

Asia26d ago

Taka Jewelry Names Group Financial Controller

Taka Jewelry (SGX:42L) named Cheah Lai Min as its group financial controller, effective May 4, according to a Monday filing with the Singapore Exchange.Min previously served as a finance manager at iX Biopharma (SGX:42C), the filing showed.

$SGX:42C$SGX:42L

Asia26d ago

BOC Aviation Logs 36 Transactions in Q1

BOC Aviation (HKG:2588) executed 36 transactions in the first quarter of 2026, according to a Monday Hong Kong bourse filing.The aircraft leasing company made 20 lease commitments, committed to the acquisition of one engine, saw sales of three managed aircraft, and took delivery of 10 aircraft in the three months ended March 31.BOC Aviation has a portfolio of 813 aircraft and engines owned, managed, and on order. As of March 31, the firm has 461 owned aircraft, 13 managed, and 327 on order.

$HKG:2588

Asia26d ago

Veritas In Silico and Takeda Mutually Terminate mRNA-Targeted Drug Research Collaboration

Veritas In Silico (TYO:130A) and Takeda Pharmaceutical (TYO:4502) have mutually agreed to terminate their collaborative drug discovery research on mRNA-targeted small-molecule drugs, effective immediately.Although the research has produced some results since the agreement began in June 2023, the parties will now discuss and consider potential future applications of the findings gained from the collaboration, according to a Tokyo bourse filing on the same day.Veritas In Silico expects the termination's impact on its business performance to be limited, with no change to its earnings forecast for the fiscal year ending December, and will promptly disclose any material developments if they arise.

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