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US Treasury Yields Mixed Pre-Bell as Inflation Set to Hit One-Year High While Iran Strikes American Targets in Middle East

Indian Equities End Mixed on Wednesday as Geopolitical Tensions Keep Investors Cautious

Indian benchmark indices finished on a mixed note on Wednesday after giving up much of their intraday gains, as rising geopolitical tensions and higher crude oil prices curbed investor appetite for risk.The BSE Sensex gained 64.42 points, or 0.1%, to close at 73,983.18, while the NSE Nifty 50 fell 27.15 points, or also 0.1%, to settle at 23,214.95.Market volatility remained elevated as investors reacted to renewed hostilities between the United States and Iran. Reports of missile and drone attacks on U.S. military bases in the region heightened concerns over a broader escalation, prompting caution across Asian markets.Crude oil prices rose about 1% during the session, adding to worries about inflationary pressures and the potential impact on India's import bill.In corporate developments, NTPC Green Energy (NSE:NTPCGREEN, BOM:544289) said its wholly owned subsidiary, NTPC Renewable Energy, will develop a 250 MW solar power project integrated with a battery energy storage system in Uttar Pradesh. The project will supply power to defense establishments in the state.Hindustan Zinc (NSE:HINDZINC, BOM:500188) signed a memorandum of understanding with Sulfozyme Agro India under its Zinc Industrial Park initiative in Rajasthan. The agreement aims to support the processing of zinc-based materials into value-added products.

^BSENifty 50BOM:500188BOM:544289NSE:HINDZINCNSE:NTPCGREEN

Japan46d ago

CBOE Volatility Index Jumps 5.7% Pre-Bell as Big Tech Wobbles Ahead of Inflation, US-Iran Exchange Strikes

Research46d ago

Morgan Stanley Initiates Blackstone Digital Infrastructure Trust at Equalweight With $23 Price Target

Blackstone Digital Infrastructure Trust (BXDC) has an average rating of overweight and mean price target of $23.86, 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)

$BXDC

Mining & Metals46d ago

Canfor Agrees to Acquire I-Joist Facility in Calgary for C$68 Million

Canfor (CFP.TO) has agreed to purchase PinkWood's I-joist business for C$68.0 million, including working capital, the company said late on Tuesday.PinkWood is the largest I-joist facility in Western Canada, producing engineered wood joists for residential, multi-family and commercial construction. Calgary, Alberta-based PinkWood has a production capacity of 46 million linear feet.The purchase price represents a 5 times EBITDA multiple based on current production levels and earnings, including identified synergies.Of the total consideration, $55.0 million is payable on closing. The remaining $13.0 million is payable over 5 years."Canfor's acquisition of PinkWood complements our operations in Western Canada by enhancing product diversification and supporting the continued expansion of our value-added manufacturing capabilities," said Susan Yurkovich, president and chief executive officer of Canfor.

$CFP.TO

Asia46d ago

Valor's Total Sales Grow 12% in May

Valor's (TYO:9956) May total sales climbed over 12% year on year, while existing store sales rose 7.6%, according to a Tokyo bourse filing on Wednesday.During the month, the unit price per customer increased 3.6%, while the number of customers grew 3.9%.Pharmacy sales jumped 3.9% at all stores and climbed 0.7% at existing stores.Home improvement sales recorded a 3.3% increase at all stores and 4.5% gain at existing stores.The group opened seven new stores in May, bringing its total network to 1,553 stores across its portfolio.

TYO:9956

Asia46d ago

Dusit Thani Secures Regulatory Nod to Issue Up to THB1.5 Billion Debentures

Dusit Thani (BKK:DUSIT) received approval from Thailand's Securities and Exchange Commission to issue and offer debentures of up to 1.5 billion baht to institutional and high-net-worth investors.The three-year unsecured and unsubordinated bonds carry a fixed annual coupon of 5.2%, with semi-annual interest payments and an issuer early redemption option, according to a Tuesday filing from the hospitality company.Proceeds from the issuance will be used to repay the company's outstanding 1.5 billion baht debentures, due in July. The issuance is scheduled for June 18.

BKK:DUSIT

Japan46d ago

WTI Crude Oil Futures Slip 0.1% to $88.12, Brent Crude Futures Edge 0.2% Lower to $91.29 Early Wednesday

Japan46d ago

WTI, Brent Crude Oil Slip Pre-Bell as US, Iran Strikes Following Downed Apache Near Hormuz Reportedly Signal Deterrance

Treasury46d ago

Bank of Canada Seen Leaning Dovish Later Wednesday, Says ING

ING said it expects the Bank of Canada to lean dovish when it announces its policy decision at 9:45 a.m. ET on Wednesday.Canada is in a technical recession as trade and stalled investment weigh on the economy, writes the bank in a note to clients.Uncertainty around USMCA trade deal renegotiations in July is weighing on sentiment and news that the province of Alberta wants to gain independence with an initial referendum in October isn't helping, stated ING.Unlike many central banks being on the front foot against energy-driven inflation, most expect the BoC to be in no rush to tighten slightly expansionary monetary policy, added ING.The bank doubts that expectations for the first BoC hike, currently priced for December, will move much after Wednesday's policy update.This leaves the Canadian dollar (CAD or loonie) as a laggard in the G10 space, according to ING. Depending on what happens with the United States consumer price index later Wednesday, USD/CAD could be pressing strong resistance in the 1.3970/4000 area.

$CAD$CXY$USD/CAD

Asia46d ago

Hongxin Electronics to Raise 694 Million Yuan From Share Placement

Xiamen Hongxin Electronics Technology (SHE:300657) plans to raise up to 693.5 million yuan through a share placement, according to a Wednesday disclosure on the Shenzhen bourse.The company will place 48,841,005 shares for 14.20 yuan per share to its actual controller, Li Qiang.Proceeds from the share placement will be used to supplement working capital.The Chinese flexible printed circuit board manufacturer's shares slumped 6% at the close.

SHE:300657

Asia46d ago

SIM Technology's Core Business Revenue Slides 8.8% Year Over Year

SIM Technology's (HKG:2000) revenue from its core business fell 8.8% to HK$29.2 million in May from HK$32.1 million a year prior, according to a Wednesday Hong Kong bourse filing.The decrease came amid changes by the firm's customers in the delivery time of their purchase orders.The mobile communications company recorded total revenue of HK$32.2 million in the month, up 42% from HK$22.7 million in April.For the five months ended May 31, revenue slipped 16% to HK$148.2 million from HK$176 million in the year-ago period.

HKG:2000

Asia46d ago

Asia-Pacific Strategic Investments' SG$5 Million Loan Deal Collapses

Asia-Pacific Strategic Investments' (SGX:5RA) SG$5 million convertible loan facility lapsed after lenders failed to transfer the funds within the agreement period, according to a filing with the Singapore bourse on Wednesday.The company had signed loan agreements with Eastern Billion Industries and Passion9 in May, and noted that all conditions precedent to drawdown had been satisfied.Asia-Pacific Strategic does not expect the lapse to have any material adverse financial impact. The company is currently evaluating alternative funding options.

SGX:5RA

Asia46d ago

Baazar Style Retail Opens New Style Baazar Store in Odisha, India

Baazar Style Retail (NSE:STYLEBAAZA, BOM:544243) opened a new Style Baazar store in Odisha, India, on Wednesday, according to a same-day filing.With the Rasulgarh site, the company's total number of stores has reached 275.Shares of the company were up nearly 1% at market close.

BOM:544243NSE:STYLEBAAZA

Japan46d ago

US Equity Index Futures Sink Pre-Bell as Investors Await Inflation Data Amid Exchange of Strikes Between Iran, Washington

Asia46d ago

Zhejiang Supor Executives to Reduce Stakes

Two Zhejiang Supor (SHE:002032) executives plan to trim their stake by 43,849 shares, according to a Wednesday filing with the Shenzhen bourse.Chief Financial Officer Xu Bo will reduce his stake by 32,502 shares, while Deputy General Manager Ye Jide will trim 11,347 shares.

SHE:002032

Asia46d ago

Malaysian Shares Rebound Despite Downbeat Regional Performance; Tanco's Shares Dive 38%

Malaysian shares erased losses to end in the green mid week, bucking regional losses.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 3.46 points to end 0.2% higher at 1,678.96. The day range was between 1,673.64 and 1,684.22.In economic news, Malaysia could miss its 2026 fiscal deficit target due to rising fuel subsidy costs triggered by the Iran-Israel conflict, according to a Bloomberg News report. In an interview with Bloomberg TV, Second Finance Minister Amir Hamzah Azizan said the government may "slightly" miss the goal, but stressed that protecting vulnerable households remains the immediate priority. He added that longer-term consolidation plans are still on track.In corporate news, shares of Tanco (KLSE:TANCO) plunged about 38% at Wednesday's close after its unit Tanco Dot Com signed a memorandum of understanding with China Mobile International to explore the development of a 50-megawatt data center in Port Dickson, Malaysia.Whereas, Scientex's (KLSE:SCIENTX) shares gained about 2% at today's close after its profit attributable to owners jumped to 142.2 million ringgit in the fiscal third quarter ended April 30, from 123.7 million a year ago.Moreover, Petroliam Nasional, or Petronas, unit Petronas LNG agreed to supply up to 2 million tons per annum of LNG to Japan's Jera. The contract will run for 20 years beginning in 2028.

FTSE Bursa Malaysia KLCIKLSE:SCIENTXKLSE:TANCO

Insider Trading46d ago

Indivior Pharmaceuticals Insider Sold Shares Worth $1,357,200, According to a Recent SEC Filing

Ryan Preblick, Chief Financial Officer, on June 08, 2026, sold 36,000 shares in Indivior Pharmaceuticals (INDV) for $1,357,200. Following the Form 4 filing with the SEC, Preblick has control over a total of 284,751 common shares of the company, with 284,751 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1625297/000201486626000011/xslF345X05/wk-form4_1781085864.xml

$INDV

Asia46d ago

Marine Electricals (India) Secures Orders Worth INR442 Million

Marine Electricals (India) (NSE:MARINE) has received orders worth about 442.2 million Indian rupees, excluding taxes, according to a Wednesday filing on National Stock Exchange.The orders include the supply of an electrical turnkey package for Garden Reach Shipbuilders & Engineers, switchboard and electrical equipment for Udupi Cochin Shipyard, and an integrated bridge system for Material Organisation (Vizag).The orders are scheduled to be executed over periods ranging from four months to 14 months.

NSE:MARINE

Asia46d ago

Newland Digital Unit to Buy Majority Stake in Singaporean Digital Payment Group for SG$8 Million

Newland Digital Technology's (SHE:000997) Hong Kong Baby Global agreed to acquire up to 80% of Singapore-based digital payments group Debia for SG$8 million.The acquisition and related capital increases will be made in three tranches, according to a Shenzhen bourse filing on Wednesday.

^STISHE:000997

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