Financial News · Live Terminal

Page 1096 of 3096

Hefei Gocom Information Technology Wins Bid for AI-Enabled Rail Signaling System

Hefei Gocom Information Technology (SHA:688367) won a 13.8 million yuan bid for an artificial intelligence-enabled signal control and dispatching system for Nanjing Port's (SHE:002040) Longtan Port Area, according to a Friday filing with the Shanghai bourse.The project is a three-electrical integration project for the port-dedicated rail lines.

SHA:688367SHE:002040

Sectors45d ago

Crude Oil Prices Drop as Trump Cancels New Strikes on Iran

Crude oil prices dropped on Friday after U.S. President Donald Trump called off planned strikes on Iran amid progress in peace talks.Brent crude at last look lost 4.4% to US$86.42/barrel and West Texas Intermediate crude fell 4.5% to $83.79/barrel. Prices hit their lowest levels in nearly two months after Trump said a deal that would reopen the Strait of Hormuz could be signed as soon as this weekend, Reuters said in a Friday report."Headlines are driving the market once again, as confidence grows that an eventual deal will be struck and the Strait reopens," Reuters quoted PVM Oil Associates analyst Tamas Varga as saying.However, global and regional oil stocks remain low, and a deal may not be enough to boost stocks as it would take time to ensure uninterrupted oil flows, the analyst added, according to Reuters.The Organization of the Petroleum Exporting Countries on Thursday reduced its 2026 global oil demand growth forecast to 970,000 barrels per day, down from a previous forecast of 1.17 million barrels per day. This is the producer group's second straight downward revision, the report said.

$CLX1$LCOX1$USO

Asia45d ago

3DG Holdings Warns of Wider Fiscal-Year Loss

3DG Holdings (International) (HKG:2882) expects an attributable loss of between HK$150 million and HK$160 million for the year ended March 31, compared with a loss of HK$95 million a year prior, according to a Friday Hong Kong bourse filing.The gold and jewelry company attributed the forecast to a hedging loss amid a rise in gold price, affecting the fair values of gold loans.

HKG:2882

Asia45d ago

Hanjian Heshan Pipeline Signs 440 Million Yuan Pipe Procurement Deal

Beijing Hanjian Heshan Pipeline (SHA:603616) signed a 440.2 million yuan procurement contract for pre-stressed concrete cylinder pipes (PCCP) and fittings with Beijing Hanjian Heshan Pipe Industry, according to a Shanghai bourse filing on Friday.The Chinese pipe manufacturer will supply within 36 months PCCPs, pressure steel pipes and fittings for irrigation areas and hydropower stations.Shares rose 2% at Friday's close.

SHA:603616

Research45d ago

Stifel Downgrades Adobe to Hold From Buy, Adjusts Price Target to $200 From $350

Adobe (ADBE) has an average rating of overweight and mean price target of $286.88, 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)

$ADBE

Research45d ago

Evercore ISI Downgrades Adobe to In Line From Outperform, Adjusts Price Target to $225 From $325

$ADBE

Japan45d ago

Gold Futures Jump 3.2% to $4,244.1/Oz, Silver Futures Surge 5.5% to $67.54/Oz Early Friday

Japan45d ago

Gold, Silver Futures Surge Pre-Bell as Crude Oil Sinks Amid Expectations Iran Peace Deal to Reopen Hormuz

Asia45d ago

Global Health Receives LOI for Medical College in Gurugram, India

Global Health (NSE:MEDANTA, BOM:543654) has received a letter of intent from Haryana's Medical Education & Research Department to establish a medical college at Medanta - The Medicity in Gurugram, Haryana, according to a Friday filing on Indian bourses.The proposed medical college will have an intake capacity of 150 MBBS seats, the filing said.Shares of the company rose nearly 1% in recent trade.

BOM:543654NSE:MEDANTA

Treasury45d ago

US 10-Yr Treasury Yield Drops 2 basis Points to 4.45%, 2-Yr Rate Declines 2.3 Basis Points to 4.05% Early Friday

Treasury45d ago

Most US Treasury Yields Fall Pre-Bell After Iran State Media Reports Tehran-US Peace Agreement to Reopen Hormuz

Asia45d ago

Market Chatter: Philippines Expects $10 Billion in Initial Investment for US-Supported AI Center

The Philippines is expecting an investment of around $10 billion for a U.S.-supported plan to build an artificial intelligence hub, Bloomberg reported citing Bases Conversion and Development Authority Head Joshua Bingcang.The two countries are set to enter into a contract for the project this year, with the Philippines potentially offering a 99-year lease of a 4,000-acre site to the U.S, the newswire said.The site, formerly a US air base in North Manila, is reportedly anticipated to host data centers, as well as green energy, semiconductor, and logistics projects.The agreement comes as the Philippines became a part of Pax Silica, an initiative by the U.S., in alliance with the Philippines, Australia, Israel, Japan, the U.K., and India among others, to build technology and semiconductor supply chains in a bid to reduce dependence on China.For the Philippines, Pax Silica is "a way to catch up in terms of industrial activity," the report said citing Bingcang as he spoke at an interview Thursday.State-owned Bases Conversion and Development Authority is working with the U.S. on the AI hub.(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.)

^PSEI

Commodities45d ago

Shell Reportedly Secures Agreements for Venezuelan Energy Projects

UK energy giant Shell (SHEL) inked a deal with the Venezuelan government on Thursday, which will allow it to participate in the development of the 7-trillion-cubic-feet Loran offshore gas field, multiple media outlets reported, citing the government.The deal was part of five agreements signed between the company and the Venezuelan government to develop oil and gas projects in the country, according to a Reuters report.In January this year, Venezuela had signed initial agreements with the company for these and other projects.Oil produced by Shell will increase the supply of diluents needed to produce Venezuela's main export grade, Merey crude, and provide feedstock for domestic refineries, the government said.The agreements will make Shell one of the top partners of state-owned energy company PDVSA for energy development in the country, the Reuters report said.has reached out to Shell and the Venezuelan Petroleum Ministry for a comment.

$SHEL

Asia45d ago

Intloop's Nine-Month Profit Falls 82%

Intloop's (TYO:9556) profit attributable to owners of the parent plunged 82% to 150 million yen for the first nine months ended April 30 from 852 million yen a year earlier.The consulting company's earnings per share declined to 12.81 yen from 88.56 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales jumped 21% to 29.9 billion yen from 24.8 billion yen in the prior year.In a separate filing, Intloop cut its attributable profit forecast to 650 million yen from 2.1 billion yen initially projected, net income per share to 69.23 yen from 224.27 billion yen, and net sales to 40 billion yen from 43.8 billion yen.The downward revision was due to faster-than-planned recruitment, which led to a time lag between hiring and revenue generation.Intloop does not plan to pay any dividends for the current year.

TYO:9556

Asia45d ago

Market Chatter: Japanese Majors Add More Female Directors But Still Trail Globally

Japan's blue-chip companies have added more women directors amid demands from the stock exchange and investors to raise board diversity, Nikkei Asia reported Friday.Female directors accounted for 19% of the board seats of companies listed on the Tokyo Stock Exchange's top-tier Prime market in 2025, a two percentage point rise, the report cited data from the Japan Business Federation, or Keidanren, as saying.The Nikkei report pointed to the bourse's corporate governance rules urging companies to have greater diversity as a factor in the rise.The government's goal of at least 30% composition of female directors at Prime-listed companies by 2030 is also a driver, the report said.However, Japan majors still lag their Western peers in board diversity, with a 24% board composition at constituents of the Tokyo bourse's Topix 100 index versus 35% at the S&P 100 companies and 45% at FTSE 100 entities, the report cited a 2025 Japan Research Institute survey as saying.Japanese companies have shown slow progress, especially with women as inside directors, the report cited the institute's Eiji Yamada as saying.(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.)

Nikkei 225

Japan45d ago

Singapore Shares Surge as Trump Cancels Strikes on Iran; Aspen (Group) Up 7%

Singapore shares surged on Friday, tracking regional gains, with investor sentiment buoyed by the US president, Donald Trump's decision to end strikes on Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,995.83 and 5,045.28 throughout the day. It ended the session at 5,025.80, up 37.70 points or 0.8% compared to Thursday's close.On the corporate front, shares of Aspen (Group) (SGX:1F3) surged nearly 7% at the close as its associated company, Rivnis Ventures, signed a definitive agreement with Malaysia's Railway Assets Corporation (RAC), for a mixed development project in Penang.Serial Achieva (SGX:XHV) closed over 5% higher as it secured a $14.1 million AI infrastructure order following a successful first phase delivery.Meanwhile, shares of Aspial Lifestyle (SGX:5UF) were up nearly 3% at the close as it concluded its preferential offering, raising a total of SG$84.8 million in gross proceeds.

^STISGX:1F3SGX:5UFSGX:XHV

Japan45d ago

US Equity Index Futures Rise Pre-Bell as Investors Await SpaceX IPO Amid Hopes Proposed Iran Deal to Reopen Hormuz

Japan45d ago

WTI Crude Oil Futures Sink 4.5% to $83.76, Brent Crude Futures Drop 4.4% to $86.40 Early Friday

Japan45d ago

WTI, Brent Crude Oil Futures Sink Pre-Bell as Iran State Media Reports US-Iran Deal to Reopen Strait of Hormuz

Japan45d ago

CBOE Volatility Index Drops 3.9% Pre-Bell as Crude Oil Falls With Treasury Yields in Anticipation of US-Iran Peace Deal

Showing 21901-21920 of 61901