Financial News · Live Terminal

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Asia53d ago

Heungkuk Securities Upgrades Hanssem to Buy from Hold; Price Target is KRW45,000

KRX:009240

Asia53d ago

Ebest Upgrades HMM to Buy from Hold; Price Target is KRW23,000

KRX:011200

Asia53d ago

China's Railway Investment Rises 3.2% in January-April

China State Railway Group reported 200.8 billion yuan in fixed-asset investment for the first four months of 2026, up 3.2% from the previous year, Xinhua News reported Wednesday..The operator pledged to accelerate delivery of major rail projects under the 15th Five-Year Plan.

Shanghai Composite^SZSE

Asia53d ago

Eneos' Profit Increases 14% in Fiscal Year 2025

Eneos Holdings' (TYO:5020) profit attributable to owners of the parent climbed 14% to 258.7 billion yen for the fiscal year 2025 from 226.1 billion yen a year earlier.The mining company's profit per share increased to 96.00 yen from 79.81 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue declined 4.5% to 11.765 trillion yen for the period ended March 31 from 12.322 trillion yen in the prior year.It declared a final dividend of 17 yen per share, payable from June 26.For the fiscal year 2026, the company expects attributable profit of 415 billion yen, basic profit per share of 154.28 yen, and revenue of 12.850 trillion yen.Eneos plans to pay interim and year-end dividends of 17 yen per share for each period, totaling 34 yen per share, which is similar to the amount paid in the year-ago period.

TYO:5020

Asia53d ago

EPI Unit Extends NZ$3 Million Loan Facility

EPI (HKG:0689) unit EPI ESG Investment (New Zealand) agreed to provide a NZ$3 million loan facility to JCJ Investment, according to a Thursday Hong Kong bourse filing.The facility carries an interest rate of 6% per annum and will fall due in nine months.A first mortgage related to certain lands and properties in Auckland, New Zealand, was pledged as security against the loan.

HKG:0689

Asia53d ago

TS Financial's Revenue Rises 16% in April

TS Financial (TPE:2887) posted a revenue of NT$17.2 billion in April, up 16% from the same month last year, according to a Thursday Taiwan Exchange filing.Cumulative revenue for the first four months of 2026 surged 138% annually to NT$65.2 billion from NT$27.4 billion a year earlier.The company did not provide further details in the filing.

TPE:2887

Asia53d ago

Vidhi Specialty Food Clocks Gains in Fiscal Q4 Consolidated Net Profit

Vidhi Specialty Food Ingredients (NSE:VIDHIING, BOM:531717) recorded a rise in its consolidated net profit to 131.5 million Indian rupees in the fiscal fourth quarter from 119.0 million rupees a year ago.Earnings per share climbed to 2.63 rupees from 2.37 rupees a year earlier, according to a Thursday filing.Revenue from operations in fiscal Q4 also increased to 1.23 billion rupees from 1.10 billion rupees in the corresponding quarter of the previous fiscal year.Shares of the company jumped over 6% at close of trade.

BOM:531717NSE:VIDHIING

Asia53d ago

TeleChoice International's Profit Zooms 78% in Q1

TeleChoice International's (SGX:T41) group profit before tax jumped 78% during the first quarter of the year to SG$2.3 million from SG$1.3 million a year earlier, according to a Thursday filing with the Singapore Exchange.Revenue surged 31% year over year to SG$146.9 million from SG$111.8 million, driven by strong contribution across all major divisions.

SGX:T41

Asia53d ago

Southern Archipelago Narrows Attributable Loss in Q1

Southern Archipelago (SGX:A33) narrowed its attributable loss to equity holders during the first quarter of the year to SG$525,000 from SG$587,000 a year earlier, according to a Thursday filing with the Singapore Exchange.Loss per share came in at SG$0.000019 compared with SG$0.000021 in the year-ago period.Revenue declined 47% year over year to SG$643,000 from SG$1.2 million.

SGX:A33

Asia53d ago

Market Chatter: Chinese Supertanker Passes Through Hormuz Strait

Chinese supertanker Yuan Hua Hu passed through the Strait of Hormuz on Wednesday, sailing toward a U.S. blockade, Bloomberg News reported Wednesday.The 2-million-barrel vessel, owned by COSCO Shipping (SHA:601919, HKG:1919) units, passed Iran's Larak island into the Gulf of Oman, according to the report. Fully loaded after lifting crude from Iraq's Basrah terminal in March, the ship signals Zhoushan, China as its destination.This is the third transit by a Chinese very large crude carrier since the war began, Bloomberg wrote.Shares of COSCO Shipping rose 1% on the Shanghai bourse on Thursday and 2% on the Hong Kong bourse.(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.)

Shanghai Composite^SZSEHKG:1919SHA:601919

Asia53d ago

Sumitomo Mitsui Trust's Net Income Rises 23% in Fiscal Year 2025

Sumitomo Mitsui Trust's (TYO:8309) net income attributable to owners of the parent increased by 23% to 317.6 billion yen for the fiscal year 2025 from 257.6 billion yen a year earlier.The financial services company's earnings per share increased to 451.56 yen from 359.37 yen a year ago, according to a Tokyo bourse filing on Thursday.Ordinary income rose 2.1% to 2.984 trillion yen for the year ended March 31 from 2.922 trillion yen in the prior year.It declared a final dividend of 105 yen per share, payable from June 22.For the fiscal year 2026, the company expects attributable net income of 380 billion yen and net income per share of 135.16 yen.Sumitomo Mitsui Trust plans to pay interim and year-end dividends of 23.75 yen per share for the year.

TYO:8309

Asia53d ago

Indian Equities Rebound on Thursday as Pharma, Metal Stocks Drive Rally

Indian benchmark indices closed sharply higher on Thursday, led by strong buying in pharma and metal shares, while a recovery in financial stocks further supported sentiment.The BSE Sensex rose 789.74 points, or 1.1%, to close at 75,398.72, while the NSE Nifty 50 gained 277.00 points, or 1.2%, to settle at 23,689.60.Markets recovered after recent losses as investors reacted positively to encouraging signals from the Trump-Xi summit, which raised hopes of stronger economic cooperation. However, sentiment remained cautious as tensions in West Asia persisted.In macroeconomic news, India's wholesale price inflation accelerated to 8.3% in April from 3.88% in March, driven by higher prices of fuel, metals, and manufactured products, according to government data released on Thursday.In corporate developments, Hindustan Aeronautics (NSE:HAL, BOM:541154) booked an increase in consolidated profit in fiscal Q4 to 42.0 billion rupees from 39.8 billion rupees a year earlier, according to a Thursday filing. Revenue from operations increased to 139.4 billion rupees from 137.0 billion rupees.Meanwhile, HFCL (NSE:HFCL, BOM:500183) received board approval to set up a defense manufacturing facility in Andhra Pradesh, India, with an initial investment of 2.30 billion rupees.

^BSENifty 50BOM:500183BOM:541154NSE:HALNSE:HFCL

Asia53d ago

Maybank Downgrades Sunway Real Estate Investment Trust to Hold from Buy; Price Target is MYR2.60

KLSE:SUNREIT

Asia53d ago

Barrenjoey Markets Starts Symal Group at Overweight with AU$3.45 Price Target

ASX:SYL

Asia53d ago

Singapore Airlines' Attributable Profit Shrinks in Fiscal H2; EPS, Revenue Miss Estimates

Singapore Airlines' (SGX:C6L) attributable profit to owners dropped to SG$945.5 million in the fiscal second half ended March 31 from SG$2.05 billion a year earlier, according to an after-market filing with the Singapore Exchange.Earnings per share declined to SG$0.3 from SG$0.65 a year ago. Analysts polled by Visible Alpha projected EPS of SG$0.265 for the period.Revenue rose to SG$10.8 billion year over year from SG$10.0 billion, beating Visible Alpha forecasts of SG$10.7 billion.The city-state's airline company reported an interim dividend of SG$0.05 per share at a final dividend of SG$0.22 per share for the period, along with a special interim dividend of SG$0.03 per share and a special final dividend of SG$0.07 per share.The dividends will be paid on Aug. 28, the filing said.

SGX:C6L

Asia53d ago

Ningbo Construction Wins 945-Million-Yuan Mixed-Use Project

Ningbo Construction (SHA:601789) subsidiary Jianle Construction won a 944.5-million-yuan contract for a mixed-use development in China's Zhejiang Province.The project includes a 130-meter-tall, 31-story office tower with commercial space, covering a total construction area of about 171,330 square meters.Construction period is 1,050 days, the filing said.Shares of the civil engineering company closed 2% lower Thursday.

SHA:601789

Asia53d ago

Honda Swings to Full-Year Loss Amid EV Strategy Shift

Honda Motor (TYO:7267) posted an attributable loss of 424 billion yen for the fiscal year ended March 31, reversing a profit of 836 billion yen a year earlier, weighed down by a hefty hit tied to its electric vehicle business.Loss per share came to 106.06 yen, compared with earnings per share of 178.93 yen in the previous fiscal year, according to a Tokyo bourse filing on Thursday.The Japanese carmaker said the fiscal 2025 loss reflected a 1.58 trillion yen impact related to the reorganization of its EV business amid "significant changes" in the electric vehicle market.Sales revenue, meanwhile, inched up to 21.8 trillion yen from 21.7 trillion yen in the prior year.Honda declared a final dividend of 35 yen per share, payable from June 9.For the fiscal year ending March 31, 2027, the company expects attributable profit of 260 billion yen, EPS of 66.79 yen, and net sales of 23.2 trillion yen.

TYO:7267

Asia53d ago

Bridgestone's Profit Jumps 21% in Q1

Bridgestone's (TYO:5108) profit attributable to owners of the parent climbed 21% to 92.1 billion yen in the fiscal first quarter from 75.9 billion yen a year earlier.The tiremaker's earnings per share increased to 72.31 yen from 55.53 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue rose 5.2% to 1.113 trillion yen for the three months ended March 31 from 1.058 trillion yen in the prior-year period.For the full year, the company expects attributable profit of 340 billion yen, basic EPS of 270.87 yen, and revenue of 4.500 trillion yen.Bridgestone plans to pay interim and year-end dividends of 60 yen and 65 yen per share, respectively, for the year, totalling 125 yen per share, lower than the amount paid in the year-ago period on a pre-stock-split basis.

TYO:5108

Asia53d ago

RailTel Corporation of India Bags New Orders for Providing AI-Based Surveillance System

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has secured a new order of an undisclosed amount from the Ministry of Railways, Government of India, according to a Thursday filing to the Indian stock exchanges.The contract is for the provision of an artificial intelligence-based surveillance system at New Delhi railway station.The financial consideration has not been worked out at this stage, the company said.RailTel's shares were up nearly 2% in recent trade.

BOM:543265NSE:RAILTEL

Asia53d ago

DBS Adjusts AEM Holdings' Price Target to SG$11.50 from SG$8.90, Keeps at Buy

SGX:AWX

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