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SEC Wins KRW4.2 Billion Equipment Supply Order from Hanwha Aerospace

South Korean tech and inspection company SEC (KOSDAQ:081180) won an order from Hanwha Aerospace (KRX:012450) to supply the latter with non-destructive testing equipment, according to a Tuesday filing with the Korea Exchange.The contract, worth 4.2 billion won, is valid till Dec. 31, 2027.Shares of Hanwha Aerospace rose nearly 1% in recent trade.

KOSDAQ:081180KRX:012450

Asia36d ago

Hubei Energy Logs 6% Rise in May Power Generation

Hubei Energy (SHE:000883) total power generation rose 6.0% year over year to 3.68 billion kilowatt-hours in May, according to a Tuesday filing with the Shenzhen bourse.Hydropower production jumped 123% year over year to 1.64 billion kWh. Thermal power production fell 32% to 1.33 billion kWh, while new energy power production slid 9.1% to 720 million kWh.

SHE:000883

Asia36d ago

SK Hynix Places KRW44.2 Billion Chip Equipment Order with Hanmi; Shares Jump 8%

Chipmaker SK Hynix (KRX:000660) placed an order with Hanmi Semiconductor (KRX:042700) for TC Bonder 4.5 Griffin equipment for HBM4 manufacturing, according to a Monday filing with the Korea Exchange.The contract, worth 44.2 billion won, is valid till Sept. 2.Shares of the company jumped nearly 8% in recent trade on Tuesday, while those of Hanmi Semiconductor added over 4%.

KRX:000660KRX:042700

Asia36d ago

NOVONIX CFO to Step Down

NOVONIX (ASX:NVX) said that Chief Financial Officer Robert Long will be leaving the company in July to pursue other opportunities, according to a Tuesday Australian bourse filing.Chair Ron Edmonds will serve as interim CFO while the company searches for a permanent successor and will step aside as chair during this period, per the filing.Deputy Chair Robert Natter will assume the role of chair, the filing added.The company's shares fell 2% in recent Tuesday trade.

ASX:NVX

Asia36d ago

Taichung Commercial Bank Books NT$880 Million Profit in May; Shares Rise 3%

Taichung Commercial Bank (TPE:2812) booked a consolidated after-tax profit of NT$880.3 million or NT$0.14 per share, for May, according to a Monday Taiwan Exchange filing.Shares gained over 3% in Tuesday's late morning trade.For the first five months of 2026, the bank's consolidated after-tax profit reached NT$4.36 billion, with after-tax earnings per share of NT$0.68, the lender said.

TPE:2812

Asia36d ago

Spark New Zealand to Deploy Wildfire Detection System at Waitangi Endowment Forest

Spark New Zealand (NZE:SPK, ASX:SPK) said it will roll out an advanced ultra-early fire detection system at the Waitangi Endowment Forest in partnership with the Far North District Council and Dryad, the first of its kind in New Zealand, according to a Tuesday statement.The company said the system uses sensors trained to detect variations in air quality and the presence of pollutants associated with smoldering and smoke to safeguard one of New Zealand's cultural landmarks against wildfires.Spark's New Zealand shares fell 2% in recent Tuesday trade.

ASX:SPKNZE:SPK

Asia36d ago

Yinlun Machinery Becomes Eligible to Redeem 700 Million Yuan Convertible Bonds

Zhejiang Yinlun Machinery (SHE:002126) said it is eligible to redeem convertible bonds worth 700 million yuan after the early redemption clause was triggered, according to a Shenzhen bourse filing on Tuesday.The six-year Yinlun Convertible Bond was issued in 2021 and has a conversion price of 10.27 yuan per share.The auto parts manufacturer has the option to redeem the bond if its stock closes at or above 130% of its current conversion price within 15 trading days. The company's stock closed at or above 13.35 yuan per share between May 27 and June 8.The board of directors plans to conduct a meeting to discuss whether to redeem the convertible bonds early or not.The company's shares rose 2% during the morning trade.

SHE:002126

Asia36d ago

Shanghai Commercial & Savings Bank Logs NT$1.4 Billion Profit in May; Shares Rise 6%

Shanghai Commercial & Savings Bank (TPE:5876) booked a consolidated after-tax profit attributable to the parent company of NT$1.40 billion for May, according to a Monday Taiwan Exchange filing.Shares jumped about 6% in Tuesday's late morning trade.For the first five months of 2026, the bank posted consolidated after-tax profit of NT$8.17 billion.Basic earnings per share for the January-May period stood at NT$1.68, the lender said.

TPE:5876

Asia36d ago

Market Chatter: Two US Lawmakers Urge Washington to Tighten Rules on Chipmakers' Sales to Chinese Overseas Units

Two American lawmakers have urged the Trump administration to address loopholes that lets chip contract manufacturers such as Taiwan Semiconductor Manufacturing (TPE:2330) sell advanced AI chips to overseas subsidiaries of Chinese companies, Reuters reported Tuesday.In a letter to the Bureau of Industry and Security, Senator Jim Banks, R-Ind., and Senator Andy Kim, D-NJ, asked the agency's chief , Jeffrey Kessler, to directly address the issue of subsidiaries of Chinese firms ordering custom chips, the report said."Export controls that can be circumvented through fabrication orders placed at the world's most advanced foundry ⁠offer no meaningful protection to American national security or to the competitiveness of United States industry," the senators reportedly wrote in the letter.(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.)

TPE:2330

Asia36d ago

Update: oOh!media Confirms Non-Binding Indicative Offer From Bain Capital; Shares Up 9%

(Updates to add stock movement in the headline and the last paragraph)oOh!media (ASX:OML) confirmed that it has received conditional non-binding indicative offers from Bain Capital and other financial sponsors, consistent with the terms of the I Squared Capital proposal, according to a Tuesday Australian bourse filing.The company on May 11 said it received an unsolicited, non-binding takeover offer from I Squared Capital to acquire the company for AU$1.45 per share in cash via a scheme of arrangement.Trading in the company's shares resumed on Tuesday, with its shares rising nearly 9% in recent activity.

ASX:OML

Asia36d ago

Xi S&D Secures KRW141.1 Billion Contract for Busan Development; Shares Rise 6%

Xi S&D (KRX:317400) secured a contract worth 141.1 billion won to build an apartment complex and neighborhood commercial facilities in Busan, according to a Tuesday filing with the Korea Exchange.The project comprises the construction of six basement levels and 45 above-ground floors on a site located at Busan's 1394-335 Jung-dong, Haeundae-gu, the filing said.The construction is expected to take 48 months.Shares of Xi S&D, which engages in construction, housing development, and home solution businesses, rose nearly 6% in recent trade.

KRX:317400

Asia36d ago

iWOW Technology Receives Nod to Issue Shares Tied to Gentle Group Purchase

iWOW Technology (SGX:NXR) received a listing and quotation notification from the Singapore Exchange for new shares to be issued linked with the company's proposed acquisition of The Gentle Group, according to a Monday bourse filing.Under the notification, the company will issue around 8.9 million shares at SG$0.319 per share as partial consideration for the acquisition of The Gentle Group.

SGX:NXR

Asia36d ago

Kedali's Convertible Bond to Close Trade

Shenzhen Kedali Industry (SHE:002850) said the Keli Convertible Bonds' last day of trading will be on Tuesday, June 9, according to a same-day Shenzhen bourse filing.Investors are allowed to exercise conversion rights before the market closes on June 12.The convertible bonds will be redeemed early on June 15 for 101.41 yuan per bond.The convertible bonds' abbreviation will be changed to Z Li Convertible Bond on its last trading day.The battery structural component manufacturer's shares fell 2% during the morning trade.

SHE:002850

Asia36d ago

Market Chatter: Economists Downgrade Singapore's Economic Outlook in June Survey

Economists have trimmed their Singapore economic growth forecasts, while lifting inflation projections, according to a survey conducted by Bloomberg between June 2 and June 5.The survey has cited headwinds from supply chain disruptions caused by conflict in the Middle East as the key reason behind the revised outlook, the report said.The city-state's GDP growth rate for the second quarter has been revised to 3.9% from 4.5%, while full-year GDP was trimmed to 3.3% from 3.5%, the survey noted.Headline inflation has been raised to 2.3% from 1.5%, while core inflation projections have been revised to 2% from 1.5%, 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.)

^STI

Asia36d ago

Yunnan Energy New Material Provides 70 Million Yuan Guarantee for Subsidiary

Yunnan Energy New Material (SHE:002812) provided a joint liability guarantee of 70 million yuan for controlled subsidiary Yunnan Hongchuang Packaging.The guarantee, signed with Bank of China, falls within the company's approved guarantee limit of 60 billion yuan, according to a Tuesday filing with the Shenzhen bourse.

SHE:002812

Asia36d ago

Ley Choon Group Bags Contracts Worth SG$25 Million; Shares Up 3%

Ley Choon Group (SGX:Q0X) secured underground utilities service contracts worth SG$24.5 million, according to a Monday filing with the Singapore Exchange.Shares of the maintenance services provider were up over 3% in Tuesday's trade.The contracts, secured through subsidiary Ley Choon Constructions and Engineering, will conclude in 36 months and will contribute positively to the company's financials for the fiscal year ending March 31, 2027.

SGX:Q0X

Asia36d ago

Kedali Industry to Raise Hungarian Subsidiary's Capital by 8 Million Euros

Shenzhen Kedali Industry (SHE:002850) plans to raise the registered capital of its subsidiary, Kedali Hungary, by 8 million euros, to fund operational needs, according to a Shenzhen bourse filing on Tuesday.Kedali Hungary is a manufacturer of storage and lithium batteries, as well as their components.Kedali Hungary's registered capital will rise to 80 million euros from 72 million euros.The battery structural component manufacturer's shares fell 2% during the morning trade.

SHE:002850

Asia36d ago

AEM, Top Glove and PC Partner Among New Entrants in iEdge Singapore Next 50 Index Update

AEM Holdings (SGX:AWX), Top Glove (SGX:BVA), UI Boustead REIT (SGX:UIBU) and PC Partner Group (SGX:PCT) have been added to the iEdge Singapore Next 50 Liquidity Weighted Index following the latest review, with the changes to take effect on June 22.The index, which tracks the next 50 most liquid SGX-listed companies outside the Straits Times Index, delivered a 12.3% total return in the first five months of the year, outperforming the STI's 10.8%, according to a Monday filing with the Singapore Exchange.The technology sector's weighting in the index rose to 26.2% from 16.6%, the data showed.

^STISGX:AWXSGX:BVASGX:PCTSGX:S68SGX:UIBU

Asia36d ago

Market Chatter: Hyundai Motor Introduces 2027 Ioniq 5 EV in South Korea

Hyundai Motor (KRX:005380) introduced the 2027 Ioniq 5 EV in the domestic market, equipped with advanced safety features, Yonhap News reported Tuesday.The product's 2027 lineup is priced between 47.4 million won and 61.5 million won, the report said.The Long-Range version has been reorganized into five trims, E-Lite, Modern, Premium, Inspiration, and N Line. Whereas, the Standard version is now being offered in a single E-Value+ trim, it said.Shares of Hyundai Motor fell nearly 3% in recent trade.(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.)

KRX:005380

Asia36d ago

Aurelia Metals Completes Commissioning of New South Wales Processing Plant Tailings Thickener; Shares Fall 6%

Aurelia Metals (ASX:AMI) said the construction and commissioning of the new tailings thickener at the Peak processing plant in New South Wales was completed, according to a Tuesday Australian bourse filing.The tailings thickener is expected to allow for enhanced metal recoveries, reduced cyanide reagent consumption, and more effective tailings deposition, the company said. It also supports the increase in processing capacity at Peak from 800,000 tonnes per year to a range of 1.1 million to 1.2 million tonnes per year.The construction of the Tertiary Ball Mill project continues in line with schedule, with commissioning expected in the first quarter of fiscal 2027.Aurelia shares fell nearly 6% in recent trading on Tuesday.

ASX:AMI

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