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Indonesia Cuts Crude Palm Oil Benchmark Price for June

Indonesia lowered the June crude palm oil (CPO) benchmark price to $1,029.51 per metric ton, according to a statement by Indonesia's Trade Ministry on May 30.This represents a 1.91% decline from $1,049.58 per metric ton in May.The lowering of the reference price came about due to a drop in demand from major importing countries such as India.As a result, export duty on crude palm oil fell to $148 per metric ton in the month, Director General of Foreign Trade of the Ministry of Trade Tommy Andana said.The June export levy stood at 12.5% of the reference price, which is nearly $128.6892 per metric ton, Tommy added.

Uni-chem's CEO Steps Down; Successor Named

Uni-Chem's (KRX:011330) CEO Kim Jin-hwan resigned Monday, according to a same-day South Korea bourse filing.The motor vehicle part maker named Lee Jongwan as its new CEO.

Great Wall Motor's Sales Slip, Output Rises in May

Great Wall Motor (SHA:601633, HKG:2333) sold 100,399 vehicles in May, down 1.8% from 102,231 units a year earlier, according to a Monday Hong Kong bourse filing.Production rose 8.4% to 110,423 units from 101,888 vehicles previously.For the five months ended May 31, sales and output increased 3.6% and 9.5% year over year, respectively, to 475,815 units and 506,606 units.

HKG:2333SHA:601633

China International Development Names Deputy CEO

China International Development (HKG:0264) named executive Director Leung Wai Kit as its deputy CEO effective Monday, according to a same-day Hong Kong bourse filing.Leung also serves as a director of various units of the leather products and fashion retail company.

BYD's NEV Sales, Output Rise in May

BYD's (HKG:1211, SHE:002594) sales of new energy vehicles rose to 383,453 units in May from 382,476 units in the year-ago period, according to a Monday filing with the Hong Kong bourse.The Chinese automaker's production jumped to 380,549 units from 349,824 units in the prior year.For the five months ended May 31, sales and output slipped 20% and 21% year over year to 1.4 million vehicles each.

HKG:1211SHE:002594

Oriental Media Names Group Chairs

Oriental Media Group's (HKG:0018) Chairman Ching-fat Ma has also been appointed as group chair effective Monday, June 1, according to a same-day Hong Kong bourse filing.The firm, on the same day, also redesignated King-ho Ma from vice chairman to group chair.

TVS Motor's Sales Jump 31% in May

TVS Motor (NSE:TVSMOTOR, BOM:532343) total sales jumped 31% to 566,585 units in May from 431,275 units a year ago, according to a Monday filing with the Indian stock exchanges.Two-wheeler sales also soared 31% year-on-year to 543,111 units, while three-wheeler sales jumped 55% to 23,474 units.Electric vehicle sales increased 56% to 43,632 units.

BOM:532343NSE:TVSMOTOR

Persistence Gold's Q1 Profit Climbs 33%

Persistence Gold (HKG:2489) recorded a 33% rise in attributable profit in the first quarter of 2026 to 39.3 million yuan from 29.7 million yuan a year prior, according to a Monday Hong Kong bourse filing.Earnings per share climbed to 0.0164 yuan from 0.0148 yuan in the corresponding period of the previous fiscal year.The miner's revenue jumped 16% to 160.7 million yuan from 138.5 million yuan in the year-ago period, mainly due to a higher average selling price.

Eicher Motors Commercial Vehicles Arm Reports 7.8% Higher Sales in May

Eicher Motors (NSE:EICHERMOT, BOM:505200) subsidiary, VE Commercial Vehicles, reported a 7.8% increase in its total sales in May to 7,978 units from 7,401 units sold a year ago, according to an Indian bourse filing on Monday.Domestic sales were up 9.1% year on year to 7,375 units, while exports plunged over 17% to 414 units.

BOM:505200NSE:EICHERMOT

China Strategic Technology's Revenue Surges 82%

Aerospace company China Strategic Technology's (HKG:1725) revenue stood at around 56.2 million yuan in May, up 82% from 30.8 million yuan a year prior, according to a Monday Hong Kong bourse filing.

New Century Group Expects Narrower Full-Year Loss

New Century Group Hong Kong (HKG:0234) expects an attributable loss of up to HK$32 million for the year ended March 31, compared with a net loss of HK$56 million a year prior, according to a Monday Hong Kong bourse filing.The firm attributed a decline in fair value losses on its Hong Kong investment properties and net impairment losses on loan and interest receivables and repossessed assets.

Coal India's Fuel Offtake Increases 2.2% in May

Coal India (NSE:COALINDIA, BOM:533278) fuel offtake rose 2.2% to 66.7 million tons in May from 65.2 million tonnes a year ago, according to an Indian bourse filing on Monday.The company's coal output fell 12% year on year to 56.1 million tons, the filing said.

BOM:533278NSE:COALINDIA

Sichuan Huiyuan Optical Communication Terminates Share Placement

Sichuan Huiyuan Optical Communication (SHE:000586) terminated a private placement of its shares, according to a Monday filing with the Shenzhen bourse.The company cited macroeconmic and capital market changes in its termination of the sale.The placement would have raised up to 610 million yuan from the sale of 53.6 million shares to Dingyun Indsutry, contorlled by Chairman Li Hongxing, at 11.37 yuan apiece, according to a Nov. 18, 2025 filing.

Geely Automobile's Sale Rise 1% in May

Geely Automobile (HKG:0175) reported sales of 237,637 vehicles in May, up 1% from 235,208 units a year earlier, according to a Monday Hong Kong bourse filing.Of the total, Geely-branded sales slipped 3% to 182,528 units, including 81,727 Galaxy units, which were down 20% from a year ago.ZEEKR deliveries rose 82% to 34,377, while Lynk & Co. sales slid 25% to 20,732.For the five months ended May 31, sales grew 1% to nearly 1.2 million vehicles.

Beijing Oriental Yuhong Waterproof Technology to Purchase Two Indonesian Companies

Beijing Oriental Yuhong Waterproof Technology (SHE:002271) subsidiary Oriental Yuhong Indonesia will purchase a 55% stake in two Indonesian building material companies for 1.426 trillion Indonesian rupiah, according to a Saturday filing with the Shenzhen bourse.Oriental Yuhong Indonesia will inject capital to purchase 14.47%, or 3 million newly issued shares, and 40.53% of existing shares in Inter Aneka Lestari Kimia or PTIALK from sellers Unichem Indomulia and Herman Moeliana for 859.5 billion rupiahs.Yuhong's Indonesian arm will then purchase a 55% stake in Adhi Cakra Utama Mulia, which sells PTIALK's products, for 259.9 billion rupiahs.

CLSA Downgrades RL Commercial REIT to Hold from Accumulate, Price Target is PHP6.20

Dae Dong Steel's Co-CEO Dies

Dae Dong Steel's (KRX:048470) co-CEO Hyung-Ki Lim passed away, according to a Monday South Korea bourse filing.The firm renamed co-CEO Ju-hee Lim as its new CEO on May 31.

Hindustan Petroleum Appoints CFO

Hindustan Petroleum (NSE:HINDPETRO, BOM:500104) appointed K Vinod as chief financial officer, effective June 1, following the retirement of Rajneesh Narang as director-finance and CFO on May 31, according to a Monday filing on Indian bourses.Meanwhile, the Ministry of Petroleum and Natural Gas approved entrustment of additional charge of director-finance to K S Shetty, director-human resources, for three months, starting June 1, or until a regular appointment is made, whichever is earlier, the filing said.Shetty has assumed the additional charge with effect from June 1.Shares of the company were down over 1% at market close.

BOM:500104NSE:HINDPETRO

Rayence's CEO Steps Down; Successor Named

Rayence's (KRX:228850) CEO Seo Jae-jeong resigned June 1, according to a Monday South Korea bourse filing.The maker of irradiation apparatuses named Seo Young-kwon as its CEO effective the same day.

Heartseed Reports Positive Phase I/II Results for iPS-Derived Heart Failure Treatment HS-001

Heartseed (TYO:219A) said the Phase I/II LAPiS Study of HS-001, an allogeneic iPS cell-derived cardiomyocyte spheroid therapy for severe ischemic heart failure, met its primary safety endpoint with no concerns affecting its future approval application, according to a Tokyo bourse filing on Monday.The secondary efficacy endpoint analysis, which included independent third-party evaluations, showed supportive results across multiple measures such as cardiac pump function and reduction in heart enlargement.The company plans to submit a manufacturing and marketing approval application in Japan in the current year.