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Hanking Gold Unit Receives Approval for Cygnet Underground Mining Project

Hanking Gold International (HKG:3788) said its wholly owned subsidiary received regulatory approval for underground mining activities at the Cygnet Gold Project in Western Australia, according to a Monday Hong Kong bourse filing.The approval covers underground mining development at the Copperhead and Golden Pig deposits, including access infrastructure, mining operations, and supporting facilities.Following approval, the company said it has begun the tendering process for underground development works at Copperhead as it prepares for mine development and drilling to expand resources and reserves.

HKG:3788

Asia38d ago

Woodside Energy to Supply Domestic Gas to Alcoa's Western Australian Refineries

Woodside Energy Group (ASX:WDS) struck a deal to supply 31.1 petajoules of gas to Alcoa (ASX:AAI) unit Alcoa of Australia from its Western Australian operations between 2027 and 2030, Woodside said in a Tuesday statement.The gas will be supplied to Alcoa's Western Australian refineries.Woodside said it continues to engage with the Western Australian market on additional domestic gas supply for 2026 and beyond.Woodside shares fell 1% in recent Tuesday trade, while Alcoa shed nearly 3%.

ASX:AAIASX:WDS

Asia38d ago

Geo Energy Resources Well Positioned Amid Indonesia Regulatory Developments; Shares Up 3%

Geo Energy Resources (SGX:RE4) remains on track with its operations and associated activities amid the Indonesian government's push to centralize control of commodity exports under its sovereign wealth fund, Danantara Indonesia.Shares of the coal producer were up over 3% in Tuesday trading.Danantara has confirmed its role as an oversight body and not an export intermediary, which significantly reduces potential operational disruption the market had initially feared, according to a Monday filing with the Singapore Exchange.Additionally, the body will not assume ownership of any export contracts or take over customer relationship and impact existing arrangements between producers and buyers.Instead, Danantara will act as a supervisory, reporting and data-monitoring body.

SGX:RE4

Asia38d ago

Sato to Buy Flexible Packaging Maker

Sato (TYO:6287) will acquire all voting shares of flexible packaging manufacturer Hiranoya Bussan to make it a wholly-owned subsidiary, effective June 15, at an undisclosed price, according to a Tokyo bourse filing on Tuesday.The acquisition aims to combine SATO's automatic identification technologies, such as 2D barcodes and RFID, with Hiranoya's expertise in pouch manufacturing and in-house production capabilities, the filing said.

TYO:6287

Asia38d ago

Market Chatter: China Prepares New Terminal to Receive Gas Exports From Sanctioned Russian Project

China's state-owned pipeline giant PipeChina is preparing the newly built Longkou liquefied natural gas terminal to handle cargoes from Russia's Arctic LNG 2 project, Reuters reported Monday, citing three sources with knowledge of the matter.The move will give the sanctioned Arctic LNG 2 project an additional route to export gas beyond the current Beihai terminal in Guangxi, the report said.Russia's energy ministry, Novatek, Arctic LNG 2's majority owner, and China's National Energy Administration did not immediately respond to requests for comment from.(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^SZSE

Asia38d ago

Mapletree Industrial Trust Completes Divestment of US Property

Mapletree Industrial Trust (SGX:ME8U) completed the divestment of 2000 Kubach Road, in Pennsylvania, US, according to a Tuesday filing with the Singapore Exchange.Earlier, the trust had agreed to divest the freehold data center facility for $14.5 million.Following the completion of the divestment, the trust portfolio now comprises 54 properties across North America, 79 properties in Singapore and two properties in Japan.

SGX:ME8U

Asia38d ago

Huasheng International Warns of Wider Loss; Shares Slip 3%

Huasheng International (HKG:1323) expects its net loss attributable to shareholders to widen by at least 45% in fiscal 2026 from about HK$92.4 million in fiscal 2025, according to a Monday Hong Kong bourse filing.The company attributed the weaker performance to a downturn in Hainan's residential property market and slower commercial construction activity, which reduced demand for ready-mixed concrete products and intensified price competition.Shares of the concrete company were down nearly 3% in Tuesday morning trade.

HKG:1323

Asia38d ago

Pateo Connect Technology Chairman, CFO Boost Stake; Shares Fall 10%

Pateo Connect Technology (Shanghai) (HKG:2889) said Chairman Ying Zhenkai and Chief Financial Officer Zhang Fukai increased their holdings through open-market purchases, according to a Monday Hong Kong bourse filing.Ying acquired a total of 204,640 shares for HK$36 million, while Zhang purchased 29,860 shares for more than HK$5 million.Following the purchases, Ying held a total interest of 29.99% in the company, while Zhang owned 0.055% of the company's issued shares.Shares of the company fell nearly 10% in Tuesday morning trade.

HKG:2889

Asia38d ago

Hyundai E&C Wins KRW853 Billion Redevelopment Project; Shares Decline 7%

Hyundai Engineering & Construction (KRX:000720) secured the Beomcheon zone 4 housing redevelopment project in Busan worth 853.1 billion won, according to a Tuesday filing on the Korean Stock Exchange.Shares of Hyundai E&C fell nearly 7% in recent trade.

KRX:000720

Asia38d ago

China National Culture Expects Swing to Full-Year Profit

China National Culture Group (HKG:0745) said it expects HK$13.3 million in attributable profit for the fiscal year ended March 31, a turnaround from the HK$4.8 million loss booked a year earlier, according to a Monday filing with the Hong Kong bourse.The reversal was primarily attributable to a HK$15.4 million gain on financial assets held for trading.The company's annual results are due on June 30.

HKG:0745

Asia38d ago

Centuria Capital Group AU$300 Million Capital Raise Strengthens Balance Sheet, Limits Earnings Impact, Jefferies Says

Centuria Capital Group (ASX:CNI) is undertaking a AU$300 million equity raising to support its ResetData growth pipeline and strengthen its balance sheet, with the transaction expected to be only modestly dilutive to fiscal year 2027 earnings, Jefferies said in a Monday note.The equity raising includes a AU$200 million institutional placement and a 1-for-17 entitlement offer, with about 150 million new securities to be issued at AU$2 each.Jefferies said using the proceeds to repay debt would lift the company's pro forma net asset value by about 2% to AU$1.81 per security, while reducing operating gearing to 3% and look-through gearing to 32%.The firm noted ResetData's development pipeline has grown to 23 megawatts following the addition of 10 megawatts under heads of agreement and master services agreements, while its AI-F1 facility has 1.1 megawatts of live capacity and is 33% utilized.It highlighted that 16 megawatts of the expansion pipeline is under non-binding heads of agreement, including 13 megawatts expiring June 30, with the company seeking extensions but no certainty of conversion to binding contracts.The firm added that the capital raise will support the company's AU$18.3 billion funds platform and fully owned Centuria Bass, with a focus on larger unlisted real estate funds and institutional co-investment opportunities.The firm sees the equity raise cutting fiscal year 2027 earnings by under 1%, excluding any upside from reinvesting into ResetData's expansion pipeline and growth opportunities.Jefferies maintained a buy rating on Centuria Capital while raising the price target to AU$2.66 from AU$2.50.

ASX:CNI

Asia38d ago

Grace Fabric Technology Unit Gets Patent for Water Jacket

Grace Fabric Technology's (SHA:603256) subsidiary, Huangshi Honghe Electronic Materials Technology, received an invention patent certificate from the China National Intellectual Property Administration, according to a Shanghai bourse filing on Tuesday.The patent, which has a 20-year term, is for a molybdenum-electrode water jacket for low-dielectric glass fiber processing.The glass fabric products company's shares fell 2% during the morning trade.

SHA:603256

Asia38d ago

XXF Enters Auto Sale-and-Leaseback Agreement

XXF Group (HKG:2473) said it entered a sale and leaseback arrangement with Guangxi Tongsheng Financial Leasing involving certain automobiles, according to a Monday filing with the Hong Kong bourse.Under the agreement, the firm will sell the automobiles to Tongsheng Financial for 4.98 million yuan and lease them back from the company for 5.2 million yuan for a 24-month period.

HKG:2473

Asia38d ago

Samsung Biologics Wins KRW216 Billion CMO Contract

Samsung Biologics (KRX:207940) secured a biologics contract manufacturing organization (CMO) contract from an undisclosed Asian pharmaceutical company, according to a Monday filing with the Korean Exchange.The contract is valued at 215.9 billion won and is valid until Dec. 31, 2037.Shares of Samsung Biologics rose nearly 1% in recent trade.

KRX:207940

Equities38d ago

Sinopec Trims China Merchants Energy Shipping Stake to 12.57%

China Merchants Energy Shipping (SHA:601872) said China Petroleum & Chemical Corp. (SHA:600028, HKG:0386), or Sinopec, trimmed its stake in the company to 12.57% from 13.57%.Sinopec sold 80.7 million shares for about 1.45 billion yuan, according to a Tuesday filing with the Shanghai bourse.

SHA:601872

International38d ago

New Zealand Employment Confidence Hits Lowest Reading Since September 2004

New Zealand employment confidence fell 12.5 points in the June quarter to 83.1 from 95.6 in the previous quarter, the lowest reading for the survey since it started in September 2004, according to the Westpac-McDermott Miller Employment Confidence index released Tuesday.The survey revealed a widespread loss of confidence, consistent across regions, ages, and income groups, particularly highlighted by the Middle East conflict, which has brought labor market confidence to record lows.A net 60% of survey respondents indicated that finding a job is currently difficult, the lowest level since the mid-2010s.The latest reading is consistent with an expected renewed softness in the jobs market in the coming months, with the unemployment rate projected to reach a cyclical peak of 5.6% by year's end.While job advertisements have remained steady over the last few months, they are still below pre-pandemic levels.Meanwhile, workers' perception of job security also fell, hitting their lowest since the Covid lockdown, particularly among young workers who previously showed the most improvement, according to the survey.

^NZ50

Asia38d ago

European Drug Regulator Accepts Hengrui Pharma's Marketing Application for Revulutamide Tablets

The European Medicines Agency accepted Jiangsu Hengrui Pharmaceuticals' (SHA:600276, HKG:1276) marketing application for revulutamide tablets, according to a Shanghai bourse filing on Tuesday.The drug is used in combination with androgen deprivation therapy for the treatment of adult male patients with prostate cancer.The Chinese pharmaceutical company's shares rose 2% during the morning trade.

HKG:1276SHA:600276

Asia38d ago

ASX Midday Sector Update: Healthcare Stocks Inch Up, Materials Sector Struggles

Healthcare stocks advanced almost 1% at midday Tuesday.CSL (ASX:CSL) gained 2% in recent trade.Meanwhile, the materials sector struggled, shedding nearly 1%.BHP Group (ASX:BHP) shares fell marginally in recent trade.

ASX 200ASX:BHPASX:CSL

Asia38d ago

Carnarvon Energy Reports 92% Increase in Bedout Basin Prospect Resource Inventory

Carnarvon Energy (ASX:CVN) reported a 92% increase in its prospect resource inventory across the Bedout Sub-Basin permits on Australia's North-West Shelf, according to a Tuesday filing with the Australian bourse.The company said it now estimates gross prospective resources of about 6.26 billion barrels of oil equivalent across 130 prospects, up from 3.26 billion barrels of oil equivalent reported in June 2025."This step‑change reflects significantly improved subsurface imaging from the seamless integration of multiple high‑quality seismic surveys within the Mega‑Merge dataset," the company said.Exploration drilling at the Bedout joint venture is due to start from April 2027, per the filing.

ASX:CVN

Treasury38d ago

Market Chatter: DBS Bank to Sell Three-Year USD Benchmark Covered Bond

Singapore-based DBS Group Holdings' (SGX:D05) subsidiary DBS Bank is planning to sell a three-year US dollar benchmark covered bond, which has a maturity date of June 29, 2029, Reuters reported Monday, citing a term sheet.The bond is expected to be settled on June 29, 2026, the report said.The bonds will be offered at a spread of 42 basis points over secured overnight financing rate (SOFR) mid-swaps, backed by a pool of Singapore residential mortgage loans, and guaranteed by Bayfront covered bonds.The notes are expected to receive ratings of Aaa from Moody's and AAA from Fitch Ratings. Joint lead managers for the offering include BMO Capital Markets, HSBC (HKG:0005), RBC Capital Markets, Standard Chartered PLC (HKG:2888) subsidiary Standard Chartered Bank, and TD Securities.DBS Bank did not immediately reply to' request for comment.Shares of DBS Group Holdings rose nearly 1% in recent trade, while those of Standard Chartered PLC added over 1%.(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.)

HKG:0005HKG:2888SGX:D05

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