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Samsung SDI to Invest KRW29.7 Billion in New Technology Fund

Samsung SDI (KRX:006400) will invest 29.7 billion won in the SVIC No. 85 New Technology Business Investment Partnership, according to a Monday release.The investment aims to boost the group's business competitiveness through new technologies and business opportunities.Samsung Venture Investment formed the investment vehicle.Shares of the battery and electronic materials manufacturer fell more than 1% in recent trade.

KRX:006400

Asia2d ago

InSilico Bags Significant AI Lab Collaboration Contract; Shares Rise 4%

InSilico Medicine (HKG:3696) said Monday it will collaborate with an unnamed AI lab to develop frontier models to support biological research under a contract valued at up to tens of millions of U.S. dollars, according to a same-day filing with the bourse.The duo will leverage InSilico's MMAI Gym training framework and data from its previous scientific studies, and will share revenue under the terms of their agreement, which the company did not disclose.InSilico's shares were last up 4% on the HKEX.

HKG:3696

Asia2d ago

South Korea's Central Bank Launches Pilot for 24-Hour International Won Settlement Network

The Bank of Korea has launched a pilot operation for its international won settlement network on Monday, according to a same-day release.The 24-hour settlement network, a first for the South Korean central bank, will allow payments in won during business hours in other countries.Four banks, including KB Kookmin Bank, Woori Bank, Hana Bank and Shinhan Bank, have participated in the pilot operation, with foreign banks and others to be on board during the full operation scheduled on Jan. 27, 2027.

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Asia2d ago

Salubris Pharmaceuticals to Raise Stake in Sino Medical Unit to 93.51%; Shares Up 3%

Shenzhen Salubris Pharmaceuticals (SHE:002294) will repurchase a combined 6.14% stake in controlled subsidiary Sino Medical from two strategic investors for about 426.7 million yuan.Upon completion, the pharmaceutical company's stake in Sino Medical will rise to 93.51% from 87.36%, according to a weekend filing with the Shenzhen bourse.Shares of Salubris Pharmaceuticals rose 3% in recent trade.

SHE:002294

Asia2d ago

Daito Trust Construction Secures Three Loans Totaling 105 Billion Yen

Daito Trust Construction (TYO:1878) has secured three lending facilities totaling 105 billion yen, according to a Tokyo bourse filing on Friday.The loan agreements include a 35 billion yen facility arranged by Sumitomo Mitsui Banking with participating banks including SBI Shinsei Bank, Resona Bank, Shizuoka Bank and Shikoku Bank.The loan has a final repayment date of Sept. 30, 2031.The construction company also obtained a two-tranche loan worth 50 billion yen from Mizuho Bank and participating banks, with final repayment dates of Sept. 30, 2036 and Mar. 31, 2034 for the respective tranches.The third loan amounts to 20 billion yen, which was arranged by MUFG Bank and has a final repayment date of Sept. 30, 2031.All of the facilities have interest rates equivalent to the TIBOR plus a spread.Shares of the construction company fell more than 1% in recent Monday trading.

TYO:1878

Asia2d ago

China Nuclear Engineering and Construction's Subsidiary Signs Nuclear Island Installation Contract

China Nuclear Engineering and Construction (SHA:601611) said a subsidiary signed a contract for nuclear island installation, according to a weekend disclosure on the Shanghai bourse.Subsidiary China Nuclear Industry No. 23 Construction will install Units 3 and 4 of the Guangdong Taishan Nuclear Power Plant (Lots I and II), the filing said.

SHA:601611

Asia2d ago

Market Chatter: Engineers India Flags Slower Middle East Orders Amid US-Iran Conflict

Engineers India (BOM:532178, NSE:ENGINERSIN) is seeing weaker orders for Middle East energy projects as the US-Iran conflict delays client investments and contracts, Bloomberg News reported, citing Chairman Atul Gupta.The conflict has affected both new and ongoing projects and weighed on order flow, according to the report.He expects activity to recover as Middle Eastern energy producers increase spending on infrastructure designed to reduce disruptions linked to the Strait of Hormuz, the report added.(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:532178NSE:ENGINERSIN

Asia2d ago

China Nuclear Engineering's Operating Revenue Reaches 55.7 Billion Yuan in January-August

China Nuclear Engineering (SHA:601611) logged operating revenue of 55.7 billion yuan in the January-August period, according to a Saturday filing with the Shanghai bourse.Newly signed contracts reached 52.4 billion yuan.

SHA:601611

Asia2d ago

APT Medical Vice Chairman to Reduce Stake

APT Medical (SHA:688617) vice chairman and major shareholder Cheng Zhenghui will offload up to 2.1 million shares, according to a Monday filing with the Shanghai bourse.The shares to be offloaded represent up to 1.5% of the total shares of the cardiovascular interventional medical device maker.APT's shares rose 1% during recent trade on Monday.

SHA:688617

Asia2d ago

Regional Container Lines Forms New Step-Down Subsidiary

Regional Container Lines's (SET:RCL) has incorporated a step-down subsidiary named RCL South Asia Connect to support its business growth, according to a Friday filing to the Thai stock exchange.The company's Singapore-based wholly-owned subsidiary, RCL Feeder, holds a 100% stake in the new entity.

SET:RCL

Asia2d ago

GalaxyCore Seeks to Raise Up to 4.2 Billion Yuan in Private Placement

GalaxyCore (SHA:688728) plans to raise up to 4.20 billion yuan from the sale of 390.1 million shares to up to 35 investors through a private placement, according to a Saturday filing with the Shanghai Stock Exchange.The maker of semiconductor image sensors and display driver chips plans to use the proceeds to fund its integrated circuit specialty process capacity expansion project, image sensor research and development project, and working capital.GalaxyCore shares fell 1% during afternoon trading on Monday.

SHA:688728

Asia2d ago

Australian Shares Flat; Telix Pharmaceuticals to Acquire German Radiopharmaceutical Biotechnology Company for Initial $1.65 Billion Payment

Australian shares were flat on Monday, as oil prices eased despite heightened tensions in the Middle East.The S&P/ASX 200 Index was little changed to close at 8,731.90.Brent crude oil futures fell to trade around $102 per barrel even as the Houthis in Yemen struck the Saudi Arabian capital of Riyadh.On the domestic front, the Reserve Bank of Australia (RBA) is expected to hike the official cash rate by 25 basis points to 4.6% at its September meeting, Commonwealth Bank of Australia said. However, a rate increase beyond the projected one in September is not CBA's base case at the moment, and a move to 4.85% would represent a significant shift towards prioritizing inflation risks.ANZ forecasts that the RBA is expected to raise the cash rate by 25 basis points this month, in addition to the 25 basis point hike already expected for November, which would take the cash rate to 4.85%, its highest level since 2008.In company news, Telix Pharmaceuticals (ASX:TLX) will pay an initial $1.65 billion on a cash-free/debt-free basis for German radiopharmaceutical biotechnology company ITM Isotope Technologies Munich, a key supplier of commercial-grade 177-lutetium. Its shares closed down 10%.Ramelius Resources (ASX:RMS) now expects fiscal 2030 production of between 560,000 and 610,000 ounces at an all-in sustaining cost (AISC) of AU$2,100 to AU$2,400 per ounce, up 11% from the October 2025 plan and up 205% compared with fiscal 2026 production.Lastly, Perpetual (ASX:PPT) confirmed the conclusion of the engagement process with EQT after rejecting a further revised proposal from Windflower, an entity indirectly controlled by EQT, to acquire all of the shares in the company through a scheme of arrangement for AU$22.50 apiece. Its shares fell 13% at market close.

ASX 200ASX:PPTASX:RMSASX:TLX

Asia2d ago

Beijing Jingcheng Machinery Unit Faces CSRC Case Filing Over Restructuring

Beijing Jingcheng Machinery Electric Company (HKG:0187, SHA:600860) said its controlled subsidiary Qingdao Beiyang Tianqing Shulian Intelligent has received a case filing notice from the China Securities Regulatory Commission.The case concerns suspected false information, misleading statements, or material omissions provided by the subsidiary during an asset restructuring, according to a Sept. 18 Hong Kong bourse filing.The CSRC has opened a case against Beiyang Tianqing under relevant securities and administrative penalty laws, the company said.

HKG:0187SHA:600860

Asia2d ago

Coforge Expands AI Vehicle Inspection System for Fleet Operators

Coforge (NSE:COFORGE, BOM:532541) has expanded its AI-based vehicle inspection system for automotive lenders, fleet operators and remarketing companies.The platform integrates vehicle history, maintenance records, mileage and inspection data to create a digital report on a vehicle's condition, according to an Indian bourse filing on Sunday.The system is already processing more than 60,000 vehicles annually, Coforge said.Shares of the company fell nearly 2% in recent trade.

BOM:532541NSE:COFORGE

Asia2d ago

Singapore's CAD, MAS Investigate Incredible's Independent Director

Singapore's Commercial Affairs Department (CAD) and Monetary Authority of Singapore (MAS) interviewed an independent director of Incredible (SGX:RDR) as part of an investigation into offenses under the Securities and Futures Act.The director received a Sept. 17 letter requiring the interview under an order issued pursuant to Singapore's Criminal Procedure Code and attended the interview on Sept. 18, according to a Friday filing.The company said it understands the investigation relates to its affairs, but CAD and MAS have not provided further details.

SGX:RDR

Asia2d ago

Seohee Construction Wins KRW318.3 Billion Housing Contract

Seohee Construction (KOSDAQ:A035890) has secured a 318.3 billion won contract to build apartments for the Busan Seomyeon Regional Housing Association, according to a Monday Korea Exchange filing.The contract period will run from June 30, 2027, to Feb. 29, 2032.Shares of the company fell 3% in recent trade.

KOSDAQ:A035890

Asia2d ago

Thai President Foods to Invest 200 Million Baht in E-Commerce Digital AI Thai

Thai President Foods (SET:TFMAMA) received board approval to invest 200 million baht through the subscription of 2 million newly issued ordinary shares in E-Commerce Digital AI Thai Holding, according to a Friday filing with the Thai stock exchange.Under the deal, the food manufacturer will acquire the shares at 100 baht apiece, securing a 4.94% stake in the digital company.The investment, which is expected to be completed in September, will help the food manufacturer expand its digital technology capabilities and create business synergies.Thai President Foods said the investment will facilitate cooperation in digital marketing, e-commerce, and shared services, while enabling the exchange of technology, knowledge, and resources across the group.

BKK:TFMAMA

Asia2d ago

Shenzhen JPT Opto-Electronics Shareholder Reduces Stake

Shenzhen JPT Opto-Electronics (SHA:688025) shareholder Xiamen Tongju Tongyuan Consulting Management Partnership reduced its shareholding by 114,898 shares, according to a Saturday filing with the Shanghai bourse.The stock reduced is equivalent to 0.12% of the entire shareholding of the laser maker's shares.Tongju is a party acting in concert with the controlling shareholder, Huang Zhijia, JPT said.

SHA:688025

Asia2d ago

China Ecotourism Expects Swing to Profit in Fiscal 2026

China Ecotourism (HKG:1371) expects profit attributable to owners of HK$95 million to HK$105 million for the year ended June 30, compared with a loss of HK$72.4 million a year earlier.The lottery company attributed the forecast mainly to a one-off gain of about HK$182.4 million from the extinguishment of financial liabilities through the issuance of scheme shares, according to a Hong Kong bourse filing.The company expects to release full-year results on Thursday.

HKG:1371

Asia2d ago

Market Chatter: Korea's Sovereign Wealth Fund Plans Sale of $1 Billion in Private Equity Holdings

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 its unnamed sources as saying.The talks are in the preliminary stage, with details subject to change, according to the news outlet's sources.Korea Investment and PJT Partners did not immediately respond to' requests 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.)

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Asia2d ago

Australian Shares Flat; Telix Pharmaceuticals to Acquire German Radiopharmaceutical Biotechnology Company for Initial $1.65 Billion Payment

ASX 200ASX:PPTASX:RMSASX:TLX