Financial News · Live Terminal

Page 1095 of 3097

Taiwan Cooperative Financial Logs May Net Profit of NT$2.84 Billion

Taiwan Cooperative Financial (TPE:5880) posted an unaudited after-tax profit of NT$2.84 billion for May, according to unaudited figures released on Friday.On a year-to-date basis, after-tax profit stood at NT$11.2 billion, while cumulative earnings per share for the period were NT$0.69, the financial conglomerate said.

TPE:5880

Asia45d ago

Market Chatter: Bank of Korea Governor Signals Timely Rate Hikes Amid High Inflation

The Bank of Korea flagged the need for timely interest rate hikes, as inflation is expected to remain above its 2% medium-term target for a considerable period, Reuters reported.Governor Shin Hyun-song was quoted Friday as saying that the central bank will "raise interest rates on time with a focus on price stability," adding that monetary policy conditions suggest one clear direction.Recent government data showed that consumer price growth in South Korea reached a two-year high in May.(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.)

^KOSDAQKOSPI

Equities45d ago

Sound Energy Completes Bond Restructuring

Sound Energy (SOU.L) said Friday it completed the restructuring of its 28.8 million-euro senior secured notes listed in Luxembourg.The transition energy company added that a requisite majority of noteholders approved the restructuring proposal, with voting instructions lodged by holders representing 24.3 million euros of the notes.

$SOU.L

International45d ago

India's Retail Inflation Accelerates to 3.93% in May

India's annual retail inflation accelerated to 3.93% in May, according to data from the Ministry of Statistics and Programme Implementation (MoSPI) released Friday.The reading was lower than the consensus forecast of 4% tracked by Investing.com, and compared with the 3.48% pace recorded in the previous month.Food inflation, measured by the Consumer Food Price Index, rose to 4.78% from 4.2% the prior month, while housing inflation edged down to 2.12%.

^BSENifty 50

Asia45d ago

China Fines Beijing Shunxin Agriculture Branch for Sewage Discharge Violations

Authorities in China fined Beijing Shunxin Agriculture's (SHE:000860) Beijing Shunxin Agriculture Pengcheng Food Branch 250,000 yuan for sewage discharge violations, according to a Friday filing with the Shenzhen bourse.The branch's average total phosphorus concentration of its wastewater discharge reached 9.43 milligrams per liter, exceeding the 8 mg/L threshold during a pump malfunction on Feb. 27, the filing said.Beijing Shunxin Agriculture Pengcheng Food Branch also discharged 562.5 tons of wastewater during non-shutdown periods.

SHE:000860

Equities45d ago

Social Buzz: Wallstreetbets Stocks Mixed Premarket Friday; AST SpaceMobile to Advance, Adobe to Decline

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Friday's opening bell.AST SpaceMobile (ASTS) rose by 3.9% premarket, after an 11.7% rise from the previous session.Microsoft (MSFT) was up 0.6% hours before market open, swinging from a 1.8% decline at Thursday's close.Nvidia (NVDA) was 0.5% higher in pre-bell activity, after a 2.2% increase from Thursday's session.Sandisk (SNDK) advanced by 0.4% pre-bell, after a 14.5% rise at Thursday's close.Tesla (TSLA) was up 0.3% premarket, following a 4.6% increase at Thursday's close.DTE Energy (DTE) was marginally higher in premarket hours, following a 0.2% decline from Thursday's session.Adobe (ADBE) was 6.5% lower premarket, following a 6.3% fall from the previous session.Micron Technology (MU) declined by 1.3% premarket, after closing Thursday with an 11.7% increase.

$ADBE$ASTS$DTE$MSFT$MU$NVDA$SNDK$TSLA

Asia45d ago

Market Chatter: Samsung Electronics, SK Hynix Chip Plant Expansions Face Suspended Concrete Deliveries

Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) could face delays to their chip expansion projects after the National Ready-Mixed Concrete Transport Workers' Union suspended concrete deliveries across the Seoul metropolitan area, Reuters reported Friday.The union, representing around 8,000 members, began the strike on Monday in its demand for higher transport rates, among other claims, the report said.Blocked deliveries from two concrete plants in Pyeongtaek on Thursday halted concrete pouring at Samsung Electronics' chip plant construction site, while cancelled deliveries stopped construction work at SK Hynix's Yongin chip plant, it said.SK Hynix said the immediate impact is expected to be contained after adjusting construction schedules. Samsung Electronics declined to comment, while the union did not respond to media inquiries at the time of reporting, Reuters said.Shares of Samsung Electronics jumped nearly 8% at market close, while those of SK Hynix added over 2%.(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:000660KRX:005930

Asia45d ago

Kobe Bussan's Profit Climbs 16% in Fiscal H1

Kobe Bussan's (TYO:3038) profit attributable to owners of the parent rose 16% to 16.5 billion yen in the fiscal first half from 14.3 billion yen a year earlier.The supermarket operator's earnings per share increased to 74.10 yen from 64.14 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales jumped 5.1% to 286.2 billion yen in the six months ended April 30 from 272.3 billion yen in the prior year.For the fiscal year ending Oct. 31, the company expects attributable profit of 29.5 billion yen, basic EPS of 133.24 yen, and net sales of 566.5 billion yen.Kobe Bussan plans to pay a year-end dividend of 32 yen per share for the current year, higher than the 30 yen per share paid in the year-ago period.

TYO:3038

Asia45d ago

Ruili Kormee Automotive Electronic Gets Shenzhen Bourse Approval for Acquisition-Tied Share Placement

The Shenzhen bourse approved Guangzhou Ruili Kormee Automotive Electronic's (SHE:001285) share placement to purchase a 16% stake in Wuhan Ruili Kedes Automotive Electronics from individual investor Cheng Yi, according to a Friday bourse filing.The transaction is still subject to approval by the Chinese securities regulator.

SHE:001285

Asia45d ago

Lite-On to Acquire Nanjing EPIC Power Technology for Up to 800 Million Yuan

Lite-On Technology (TPE:2301) plans to acquire up to 100% of Nanjing EPIC Power Technology for up to 800 million yuan, under a framework agreement approved by its board.The company said the deal is still preliminary and will require further definitive contracts and regulatory approvals, according to a Friday Taiwan Exchange filing.

TPE:2301

Asia45d ago

Nanya Technology Buys Machinery Equipment Worth NT$16.9 Billion

Nanya Technology (TPE:2408) acquired a batch of machinery equipment worth NT$16.9 billion for production use.The equipment was purchased from Lam Research International, according to a Friday Taiwan Exchange filing.The transaction took place between June 9 and June 12, the tech firm said.

TPE:2408

Asia45d ago

Hoshion Industrial Aluminium Controlling Shareholder's 10.9 Million Shares Released from Pledge

Guangdong Hoshion Industrial Aluminium (SHE:002824) controlling shareholder Li Jianxiang's 10.9 million shares have been released from pledge, according to a Friday filing with the Shanghai bourse.The pledged shares to China Galaxy Securities (SHA:601881) constitute 3.49% of the company's total share capital.

SHA:601881SHE:002824

Asia45d ago

Astroscale Narrows Losses in Fiscal Year 2026

Astroscale's (TYO:186A) loss attributable to owners of the parent narrowed to nearly 6.7 billion yen for the fiscal year 2026 from 21.6 billion yen a year earlier.The space research and tech company's loss per share was 49.78 yen, compared with 188.91 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 142% to 5.94 billion yen from 2.46 billion yen in the prior year.For the fiscal year 2027, the company expects an attributable loss of between 9.6 billion yen and 10.6 billion yen, basic loss per share of between 69.17 yen and 76.38 yen, and revenue of between 7 billion yen and 9 billion yen.Astroscale does not plan to pay any interim or year-end dividends for the current fiscal year.

TYO:186A

Asia45d ago

Beijing Creative Distribution Automation Deregisters Two Second-Tier Subsidiaries

Beijing Creative Distribution Automation (SHE:002350) will deregister second-tier subsidiaries Foshan Chuangqu Electric Technology and Beijing Zuoandong Technology, according to a Friday filing with the Shenzhen bourse.Chuangqu did not log a profit as of April 30, while Zuoandong logged a loss of 105.68 yuan.The cancellations will help the company focus on its main business development, it said in the disclosure.

SHE:002350

Equities45d ago

Morgan Stanley Adjusts Price Target on Marathon Petroleum to $265 From $233

Marathon Petroleum (MPC) has an average rating of overweight and mean price target of $272.47, 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://finwires.com/en/contact)

$MPC

Asia45d ago

Affle (India) Receives India Patent for Conversational AI Agent Monitoring System

Affle (India) (NSE:AFFLE, BOM:542752) said it has been granted a patent in India for a system that monitors and integrates multiple conversational AI agents, according to a Thursday filing on Indian bourses.The patent covers a framework that evaluates AI agents based on factors such as performance and behavioral intelligence before allowing them to interact with users across connected devices.The company said the patent had previously been granted in the U.S. and takes its portfolio to 18 granted patents out of 39 filings.Shares of the company rose 1% in Friday's trade.

BOM:542752NSE:AFFLE

Asia45d ago

Kusuri No Aoki Shifts to Tokyo Bourse's Standard Market, Adds Nagoya Dual Listing

Kusuri No Aoki (TYO:3549) has received the approval to transfer its listing from the Tokyo Stock Exchange Prime Market to the Standard Market, effective June 19, according to a Tokyo bourse filing on Friday.The retailer and healthcare company said the decision was driven by difficulty in meeting the tradable share ratio requirement.Kusuri No Aoki also secured approval for its shares to be dually listed on the Nagoya Stock Exchange Main Market to attract individual investors in the Tokai region.

TYO:3549

Asia45d ago

Nimble Forecasts Surge in Fiscal-Year Profit

Nimble (HKG:0186) expects attributable profit of between HK$50 million and HK$60 million for the year ended March 31, up from HK$1 million a year prior, according to a Friday Hong Kong bourse filing.The property developer attributed the forecast to a higher gross profit margin on properties, as well as lower selling and administrative expenses.

HKG:0186

Mining & Metals45d ago

Arizona Metals Files Technical Report Covering Preliminary Economic Assessment for Kay Mine Project

Arizona Metals (AMC.TO) has filed an independent technical report covering the preliminary economic assessment for the Kay Mine Project, the company said on Friday.There are no material differences in the technical report from the results of the PEA disclosed in a news release on April 30.The technical report is dated June 12, 2026, with an effective date of April 30, 2026.

$AMC.TO

Commodities45d ago

Market Chatter: ENN Natural Gas Mulls Dropping $12 Billion Buyout Offer for ENN Energy

Chinese energy company ENN Natural Gas may abandon a nearly $12 billion buyout offer for ENN Energy Holdings, with a decision likely as soon as today, Bloomberg reported Friday, citing people familiar with the matter.ENN Natural Gas is the biggest shareholder of ENN Energy, owning about 34% of the shares through Xinneng (Hong Kong) Energy Investment. It may decide not to extend a June 12 deadline to meet pre-conditions for a take-private transaction, sources told the news agency.The company did not immediately respond to' request for comment.It has previously agreed to extend a March 13 deadline to June 12.In March, it reportedly made a cash and stock offer valuing ENN Energy at about HK$90.5 billion ($11.55 billion).(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.)

Showing 21881-21900 of 61932