Financial News · Live Terminal

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Prudential Buys Back Shares

Prudential (HKG:2378, SGX:K6S) bought back 298,331 shares in London on Thursday at an average price of about 11.24 pounds sterling apiece, according to a Friday Hong Kong bourse filing.The insurer intends to cancel the repurchased shares.Following the transaction, the company will have about 2.52 billion shares in issue.

HKG:2378SGX:K6S

Asia69d ago

KDX Realty Investment Secures 2.67 Billion Yen Green Loan for Debt Refinancing

KDX Realty Investment (TYO:8972) said it will undertake debt financing of 2.67 billion yen through a green loan to refinance existing borrowings, according to a Friday filing on the Tokyo Stock Exchange.The Series 0050 loan will be provided by Sumitomo Mitsui Banking with an interest rate set at one-month yen TIBOR plus 0.125%, with a contract date of April 17, drawdown on April 21, and maturity on April 30, 2027.The borrowing will be unsecured and unguaranteed, with the principal repaid in full at maturity. Proceeds will be used to refinance existing debt due on April 21, 2026.

TYO:8972

Asia69d ago

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 824,353 shares on Wednesday at an average price of 17.92 pounds sterling apiece, according to a Friday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888

Asia69d ago

CRISIL's Consolidated Profit Rises in Fiscal Q1; Shares Up 5%

CRISIL's (NSE:CRISIL, BOM:500092) consolidated net profit rose to 2.33 billion Indian rupees in the fiscal first quarter ended March 31, from 1.60 billion rupees a year ago, according to a Friday filing to the Indian stock exchanges.Earnings per share climbed to 31.90 rupees from 21.86 rupees a year earlier, the ratings agency said.Revenue from operations in fiscal Q1 also increased to 10.6 billion rupees from 8.13 billion rupees a year ago.The company's board of directors also approved a first interim dividend of 9 rupees per equity share of face value of 1 rupee each, for the financial year ending Dec. 31, 2026, which will be paid on May 8.The company's shares were up over 5% in recent trade.

BOM:500092NSE:CRISIL

Asia69d ago

Asia Cement Forecasts Q1 Loss

Asia Cement (China) (HKG:0743) said it expects 81.3 million yuan in attributable loss for the first quarter of 2026, compared with a profit of 3.1 million yuan in the same period of 2025, according to a Hong Kong bourse filing Friday.The firm attributed the loss to a decline in the selling price of its products.The company's financial results are due by the end of April.

HKG:0743

Asia69d ago

South Korean Shares Snap Three-Day Winning Streak Amid IRGC Threats

South Korean shares snapped a three-day winning streak on Friday to close lower as escalating threats from Tehran overshadowed US President Donald Trump's talk of an imminent peace deal.The Korea Composite Stock Price Index or Kospi fell 34.13 points, or 0.6%, to end at 6,191.92. The Kosdaq increased by 7.07 points, or 0.6%, to close at 1,170.04.In economic news, the U.S. dollar accounted for 84.2% of export settlement for South Korea in 2025, marking the East Asian country's largest export settlement currency for the year, the Bank of Korea said in a Thursday release.The euro represented 5.9%, the South Korean won took up 3.4%, and the Japanese yen represented 1.9% of the country's export settlement currencies last year, the release said.In corporate news, HD Korea Shipbuilding & Offshore Engineering (KRX:009540) secured an order for four very large gas carriers (VLGCs) from an unnamed Middle Eastern shipping company.The deal is valued at 674.7 billion won. The shipbuilder will deliver the vessels by Nov. 30, 2029, according to a Friday filing with the Korean Exchange.Shares of HD Korea Shipbuilding & Offshore Engineering rose nearly 3% at market close.

^KOSDAQKOSPIKRX:009540

Asia69d ago

Xuanzhu Biopharma Wins HKEX Nod for Hong Kong Share Full Circulation

Xuanzhu Biopharmaceutical (HKG:2575) said the Hong Kong Stock Exchange has granted listing approval for its Hong Kong share full circulation application, according to a Friday bourse filing.The approval covers the conversion of about 357.2 million unlisted shares into Hong Kong-listed shares.The converted shares represent about 69% of the company's total share capital.

HKG:2575

Asia69d ago

Cathay Pacific Airways' Passenger Count Climbs 24% in March

Cathay Pacific Airways (HKG:0293) carried about 2.8 million passengers in March, up 24% from a year earlier, according to a Friday Hong Kong bourse filing.Passenger capacity rose about 9.3% year over year to 12.4 billion available seat kilometers.Cargo carried increased 11% to 165.1 million kilograms, while cargo capacity edged up 1.8% to 1.34 billion available freight-ton kilometers.Subsidiary HK Express carried 750,668 passengers in the month, up 22% from the year-ago period, while its passenger capacity grew 12% to 1.64 billion available seat kilometers.

HKG:0293

Asia69d ago

Fast Fitness Japan to Delist on April 20 Following Shareholder Approval

Fast Fitness Japan (TYO:7092) said its shares will be delisted from the Tokyo Stock Exchange's Prime Market on April 20 following shareholder approval of a share consolidation, according to a Friday filing on the Tokyo Stock Exchange.The company said the proposal was approved at an extraordinary shareholders meeting held on March 19, triggering delisting criteria under exchange rules.

TYO:7092

Asia69d ago

Nidec Flags 250 Billion Yen Hit as Accounting Probe Widens

Nidec (TYO:6594) said it received a final report from an independent panel probing improper accounting and will revise governance and internal controls, according to a Friday filing on the Tokyo Stock Exchange.The probe found widespread irregularities, including delayed loss recognition, improper cost capitalization and inaccurate revenue recognition. The cumulative impact on operating profit through the first quarter of fiscal 2025 was a loss of 166.4 billion yen, while net sales fell 33.1 billion yen and net profit declined 160.7 billion yen.Nidec said potential impairment losses on goodwill and fixed assets could reach about 250 billion yen, mainly in its automotive business.Internal reviews also found possible errors in U.S. import declarations, with additional customs duties estimated at about $69.7 million, including interest, for April 2021 to September 2025.The committee said excessive performance pressure under founder Shigenobu Nagamori drove the misconduct and said he bears the greatest responsibility.

TYO:6594

Asia69d ago

Ichiyoshi Securities' Net Income Soars 181% in Fiscal Year

Ichiyoshi Securities' (TYO:8624) net income attributable to owners of the parent soared 181% to 4.39 billion yen for the fiscal year 2025 from 1.56 billion yen a year earlier.The securities firm's earnings per share increased to 137.32 yen from 47.11 yen a year ago, according to its preliminary earnings filed with the Tokyo bourse on Friday.Operating revenue jumped 31% to 24.6 billion yen for the full year ended March 31 from 18.8 billion yen in the prior year.

TYO:8624

Asia69d ago

Jarden Adjusts TPG Telecom's Price Target to AU$4.30 from AU$3.95, Keeps at Overweight

TPG Telecom (ASX:TPG) has an average rating of hold and mean price target of AU$4.12, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

ASX:TPG

Asia69d ago

Nippon Express Holdings to Acquire Metro Supply Chain Group

Nippon Express (TYO:9147) said it agreed to acquire Canada-based Metro Supply Chain Group for an enterprise value of 207 billion yen through a wholly owned subsidiary, according to a Friday filing on the Tokyo Stock Exchange.The company will purchase 11.8 million shares, representing a 100% stake, from LDC Metro Holdings and CDP Investissements in a cash transaction.An additional earn-out payment of up to 46 billion yen may be paid if certain financial targets are met.The acquisition is aimed at strengthening the group's presence in North America and expanding its contract logistics capabilities across sectors including retail, automotive, healthcare, and technology.

TYO:9147

Asia69d ago

Jarden Adjusts Netwealth Group's Price Target to AU$25.70 from AU$25.35, Keeps at Neutral

Netwealth Group (ASX:NWL) has an average rating of overweight and mean price target of AU$28.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

ASX:NWL

Asia69d ago

Kering to Buy Minority Stake in Icicle Fashion Parent ICCF

Kering will purchase a minority stake in China-based fashion company ICCF in a transaction that will help develop flagship brand Icicle Fashion, according to a statement released Thursday.Icicle, founded in 1997 in Shanghai, has 200 stores across locations such as Beijing, Shanghai, and Paris, Kering said in a statement.Kering did not disclose the amount of the transaction.

Shanghai Composite^SZSE

Asia69d ago

Toyota Industries to Book 4.4 Trillion Yen by Selling Holdings in Toyota Motor, Others via Buybacks

Toyota Industries (TYO:6201) said it will tender all its holdings in several group companies' share buybacks and expects to record about 4.426 triillion yen in profit from the sales, according to a Friday filing on the Tokyo Stock Exchange.The company said it will tender its entire stakes in Toyota Motor (TYO:7203), Denso (TYO:6902), Toyota Tsusho (TYO:8015) and Aisin (TYO:7259), subject to the commencement of buyback offers by some of the companies.Toyota Industries said it plans to sell about 1.19 billion shares in Toyota Motor alone, valued at roughly 3.657 trillion yen based on the tender price. The move is part of a broader transaction aimed at taking the company private, it said.

TYO:6201TYO:6902TYO:7203TYO:7259TYO:8015

Asia69d ago

Jarden Adjusts AMP's Price Target to AU$1.65 from AU$1.55, Keeps at Overweight

AMP (ASX:AMP) has an average rating of overweight and mean price target of AU$1.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

ASX:AMP

Asia69d ago

DaTang HuaYin Electric Power Raises 500 Million Yuan

DaTang HuaYin Electric Power (SHA:600744) raised 500 million yuan by issuing two-year bonds with an interest rate of 1.68%.Proceeds will be used to repay debt, according to a Friday filing with the Shanghai bourse.

SHA:600744

Asia69d ago

Central REIT Investment's Net Income Edges Up in Six Months to February

Central REIT Investment's (TYO:3488) net income edged up 0.4% to 808 million yen for the six months ended Feb. 28 from 805 million yen in the prior half-year period.The REIT's net income per unit increased to 3,238 yen from 3,225 yen in the previous six-month period, according to a Tokyo bourse filing on Friday.Operating revenue jumped 26% to 2.16 billion yen from 1.71 billion yen in the prior half-year period.It declared a final distribution of 3,238 yen per unit, payable from May 26.For the six months ending August, the company expects net income of 878 million yen and operating revenue of 1.96 billion yen.For the six months ending Feb. 28, 2027, the company expects net income of 826 billion yen and operating revenue of 1.92 billion yen.Central REIT plans to pay interim and year-end distributions of 3,342 yen per unit for the fiscal period ending August 2026 and 3,143 yen per unit for the period ending February 2027, which is higher than the amount paid in the prior period.

TYO:3488

Asia69d ago

Hong Kong Stocks Retreat Ahead of Key US-Iran Talks; Gpixel, Manycore Surge on Debut

Hong Kong stocks pulled back Friday as investors remained cautious ahead of a pivotal weekend that could shape the near-term outlook for the Middle East conflict.The Hang Seng Index fell 233.93 points, or 0.9%, to close at 26,160.33, while the Hang Seng China Enterprises Index dropped 60.09 points, or 0.7%, to 8,845.02.U.S. President Donald Trump said a deal to end the Iran conflict appeared increasingly likely, and that talks between Washington and Tehran could resume over the weekend.He added that a two-week ceasefire could be extended, though it may not be necessary as Iran was seeking a deal.Elsewhere, Israel and Lebanon agreed to start a 10-day ceasefire after talks facilitated by Washington earlier in the week.In corporate news, two companies made their debut on the Hong Kong bourse.Gpixel Changchun Microelectronics (HKG:3277) closed nearly 76% higher at HK$70, compared with the initial public offering price of HK$39.88.Manycore Tech (HKG:0068) advanced 144% to end at HK$18.60, versus the IPO price of HK$7.62.

Hang SengHKG:0068HKG:3277

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