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Get Nice Says Cyberattack Temporarily Disrupted Trading Services

Get Nice (HKG:0064) said a cyberattack temporarily disrupted the electronic trading systems of its securities and futures subsidiaries, according to a Wednesday filing.The company said the attack occurred on the evening of July 19, temporarily interrupting electronic trading services and stock withdrawals.The electronic trading system of Get Nice Securities resumed operations at 9:00 a.m. on Wednesday, while services at Get Nice Futures will resume as soon as practicable.Get Nice said it engaged a cybersecurity firm to investigate the incident and strengthen its network security measures.It added there is currently no evidence that any information has been misused and expects no material impact on the group's operations or financial performance.

HKG:0064

Asia5d ago

Maritana Minerals Advances Accommodation Strategy at Western Australia Processing Hub

Maritana Minerals (ASX:MRT) is progressing required approvals to implement its accommodation strategy for workers at its Black Swan processing hub in Western Australia, according to a Thursday Australian bourse filing.It procured kitchen and accommodation units from ATCO Structures & Logistics to build a 60-room permanent camp at Black Swan. The camp design is scalable to 120 rooms. It acquired a property in central Kalgoorlie with existing development approval for the construction of a 50-room camp and secured temporary accommodation to support ongoing resource drilling activities and the planned ramp-up of mining operations.It also engaged Quick Camps to provide a 57-room temporary camp at the hub, including kitchen and other amenities, to support development activities. The camp will be operational from August and remain on site for around 12 months.Worker accommodation will be allocated based on the location of operating sites across the life of the project.Its shares fell 1% in recent trading on Thursday.

ASX:MRT

Asia5d ago

Baidu Applies for Hong Kong Dual Primary Listing

Baidu (HKG:9888) has applied to convert its Hong Kong secondary listing to a dual primary listing and received acknowledgment of the application from Hong Kong Exchanges and Clearing, according to a Wednesday bourse filing.The conversion is expected to become effective later this year, subject to the exchange's approval.Upon completion, Baidu will be dual-primary listed in Hong Kong and on Nasdaq.The company said the move reflects increased trading volume in Hong Kong, the close connection between the city and its mainland China operations, and its long-term business development plans.Baidu also proposed an issuance mandate, a share repurchase mandate, a 2026 share incentive plan and amendments to its articles of association, subject to shareholder approval.The company also applied for waivers to continue using U.S. GAAP, maintain certain contractual arrangements and use Nasdaq-based pricing for certain share options.

HKG:89888HKG:9888

Asia5d ago

Market Chatter: Inpex Starts Trial Seabed Drilling for Carbon Capture Project

Inpex (TYO:1605) has commenced trial seabed drilling near Chiba prefecture for a carbon capture and storage initiative aimed at helping hard-to-decarbonize industries like steelmaking, Nikkei Asia reported on Wednesday, citing a top official.Inpex subsidiary Metropolitan CCS is handling the operation, which involves drilling to a depth of 1,900 meters to assess geological suitability for long-term CO2 sequestration, the news agency said, citing Yoshiaki Oku, president of Metropolitan CCS.The company will evaluate the site by injecting seawater into rock formations, with data analysis expected to take one to two years before determining commercial viability, the publication said.(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.)

TYO:1605

International5d ago

Bank Indonesia Pauses Hikes, Keeps Interest Rates Unchanged

Bank Indonesia kept its key interest rates unchanged on Wednesday following the conclusion of its Board of Governors' meeting.The central bank left the 7-day reverse repurchase rate, or BI rate, unchanged at 5.75%, while also maintaining the deposit facility rate at 4.75% and the lending facility (LF) rate at 6.50%.According to a Reuters poll, 20 of 33 economists it surveyed had expected another 25-basis-point (bps) hike, while the rest had predicted no change.In a statement, Bank Indonesia said it is expanding its incentive policy and introducing more measures to increase foreign portfolio inflows, strengthen Rupiah exchange rate stability, and accelerate money market and foreign exchange market deepening.It is also working on increasing liquidity and reducing liquidity segmentation in the money market and banking industry.

^JKSE

Asia5d ago

Fineos Reports 23% Decline in Q2 Client Cash Receipts

Fineos (ASX:FCL) reported second-quarter client cash receipts of 26.9 million euros, down 23% from a year earlier due to the timing of collections, according to a Thursday filing with the Australian bourse.The company said its full-year 2026 revenue guidance remains unchanged at 147 million euros to 152 million euros.Fineos ended the quarter with a cash balance of 39 million euros, up by 4.1 million euros from a year earlier and 8.1 million euros lower than the previous quarter, reflecting the seasonal nature of cash collections.The company's shares gained 2% in recent Thursday trade.

ASX:FCL

Asia5d ago

Vitrafy Life Sciences Enters Partnership with US Blood Bank to Expand Cryopreservation Ecosystem for Red Blood Cells, Shares Jump 11%

Vitrafy Life Sciences (ASX:VFY) entered a partnership with Hoxworth Blood Center in the US to expand the firm's cryopreservation ecosystem in response to the end-of-life of legacy red blood cell cryopreservation technology, according to a Thursday Australian bourse filing.The firm said it was working to address red blood cell cryopreservation workflows resulting from the discontinuation of critical legacy technology starting in 2027. The agreement is not expected to generate revenue.Under the partnership, Vitrafy and Hoxworth will both contribute resources and support in addressing this threat. Vitrafy will initially place one cryopreservation freezing and software package at Hoxworth during the first half of fiscal year 2027.Its shares jumped 11% in recent trading on Thursday.

ASX:VFY

Asia5d ago

Japanese Equities Rise on Tech Boost Amid Geopolitical Tensions

Japanese stocks climbed at Thursday's opening, tracking overnight gains in U.S. tech stocks following megacap results.The Nikkei 225 rose 305.4 points or 0.5% to 66,421.01.Alphabet's cloud division delivered revenue well above projections, with its contracted business backlog surging beyond $500 billion. In contrast, Tesla posted quarterly earnings that missed analyst forecasts.Alphabet fueled sentiment by raising its annual capex forecast to as high as $205 billion, driven by surging AI infrastructure demand, according to various reports.Meanwhile, crude prices extended gains for a fifth session after Houthi attacks on Saudi tankers in the Red Sea heightened fears of supply disruptions.

Nikkei 225

Asia5d ago

Update: Domino's Pizza Enterprises Misled Franchisees by Instructing Them to Underpay Workers, Australia's Federal Court Rules

(Updates with a statement from Domino's in the fifth paragraph and stock movement in the last paragraph.)Domino's Pizza Enterprises (ASX:DMP) misled franchisees by asking them to underpay thousands of delivery drivers and in-store staff under obsolete employment agreements that did not include key entitlements, Australia's Federal Court ruled on Wednesday.The class action filed in 2019 by Riley Gall, a former Domino's delivery driver, covers workers employed by Domino's Australian franchisees between 2013 and 2018.The company's conduct was "objectively wrong" when it instructed franchisees to pay workers under outdated agreements as opposed to the applicable Fast Food Industry Award, which carries better terms and conditions, the court said.It added that the determination of claims for loss and damage by group members will require a further hearing.In a Thursday statement, Domino's Pizza Enterprises said the court assessed Gall's loss at AU$11,869 plus interest, but "potential wider exposure to other alleged group members remains highly uncertain and unquantifiable." The company added that it is reviewing the judgement to assess its options, including a potential appeal.Its shares fell past 2% in recent Thursday trade.

ASX:DMP

Asia5d ago

Kingsgate Consolidated Says Thailand Gold Mine Produced Over 200,000 Ounces of Gold Since 2023 Restart, Shares Jump 3%

Kingsgate Consolidated (ASX:KCN) said the Chatree gold mine in Thailand produced over 200,000 ounces of gold and 2 million ounces of silver since operations restarted in March 2023, according to a Thursday Australian bourse filing.Plant 1 at the mine continues to operate at around 50% of nameplate capacity, with the modified SAG Mill circuit performing reliably at 120 wet tonnes per hour to 130 wet tonnes per hour. It is working with Metso and specialist contractors to expedite the repairs and return ball mill 1 to full operation as soon as practicable.Its shares jumped 3% in recent trading on Thursday.

ASX:KCN

Asia5d ago

Affluent Hong Kong, Mainland Investors Lower Return Expectations, Broaden Portfolios: DBS Survey

Affluent investors in Hong Kong and mainland China lowered their 2026 annual return expectations to 7.9% and 8.1%, respectively, while shifting their focus toward long-term wealth growth, according to a Tuesday DBS survey.To achieve this, investors are broadening their portfolios. Stocks remained the top allocation at 41%, but alternative investments surged to 18% to become the second-largest asset class, alongside a growing appetite for exchange-traded funds over traditional mutual funds.The survey also highlighted rising artificial intelligence adoption for investment research and noted that 63% of respondents hold overseas assets, mainly in Hong Kong.

Hang SengShanghai Composite^SZSE

Asia5d ago

Clinuvel Pharmaceuticals to Move Headquarters to US, Plan Workforce Reduction of Up to 20%

Clinuvel Pharmaceuticals (ASX:CUV) said it will relocate its corporate headquarters to the US from Jan. 1, 2027, as the company restructures operations to support US market expansion and enhance access to capital, according to a Thursday Australian bourse filing.The company will reduce its global workforce by around 10% to 20% and redirect resources toward its US-focused pharmaceutical pipeline, with a particular emphasis on late-stage vitiligo programs, the filing said.The company said the move is driven by stronger US investor demand, deeper specialty pharmaceutical capital markets, and the potential for higher valuation multiples than Australian Securities Exchange-listed peers, the filing added.Clinuvel Pharmaceuticals' shares added 2% in recent Thursday trade.

ASX:CUV

Asia5d ago

RAM Essential Services Property Fund to Sell Five Retail Assets; Shares Up 4%

RAM Essential Services Property Fund (ASX:REP) agreed to sell five of its retail assets to an institutional investor fund, with the company retaining a 10% interest in that fund, according to a Thursday filing with the Australian bourse.The assets are Coomera Square, Springfield Fair, Coles Rutherford, Keppel Bay Plaza, and Mowbray Marketplace, the filing said.The sale of the assets is subject to approval from the Foreign Investment Review Board and receipt of a credit-approved financing term sheet, with completion anticipated in the second quarter of fiscal year 2027, per the filing.Shares rose 4% in morning trade Thursday.

ASX:REP

Asia5d ago

Update: Zenith Minerals Says Ida Metal Investments Lifts Stake, Signals No Acceptance of Forrestania Offer

(Updates to add Forrestania's statement in the fourth and fifth paragraphs and stock movements in the last paragraph)Zenith Minerals (ASX:ZNC) said Ida Metal Investments has increased its stake in the company to around 10.1% after acquiring 4 million shares on-market, while indicating it does not currently intend to accept Forrestania Resources' (ASX:FRS) takeover offer of one Forrestania share for every 4.3 Zenith shares, according to a Thursday filing with the Australian bourse.The company noted that Ida's holding alone would not prevent the takeover offer from becoming unconditional, with the bid subject to a 50.1% minimum acceptance condition, the filing said.The company's board reiterated its unanimous recommendation that shareholders accept Forrestania's offer, in the absence of a superior proposal, the filing added.Forrestania Resources, in a Thursday filing with the Australian bourse, said it considers that it is in the best interests of Zenith Shareholders to accept its offer as no superior offer has materialized yet.Forrestania added that Zenith's current share price is "arguably being supported" by its takeover offer and Ida's current shareholding does not prevent Forrestania from achieving the minimum acceptance condition.Zenith Minerals' shares jumped 5% in recent Thursday trade, and Forrestania Resources' shares also gained 5%.

ASX:FRSASX:ZNC

Asia5d ago

Market Chatter: AgiBot Eyes Hong Kong IPO With CITIC, CICC, Morgan Stanley as Sponsors

Chinese robotics firm AgiBot is advancing toward a Hong Kong public listing, having secured CITIC Securities (HKG:6030, SHA:600030), CICC (SHA:601995, HKG:3908), and Morgan Stanley as joint sponsors for the offering, South China Morning Post reported Wednesday, citing two people familiar with the matter.The Shanghai-based company signaled its listing ambitions last year when it reorganized into a joint-stock entity, a standard prerequisite for going public, the news agency said.In October, Reuters reported that AgiBot was targeting a valuation of HK$40 billion to HK$50 billion.Agibot, CITIC Securities, CICC and Morgan Stanley did not immediately respond to' requests for comment.(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:6030SHA:600030SHA:601995

Asia5d ago

Turaco Gold Says Initial Deep Drilling at Ivory Coast Deposit Confirms Depth Extensions to Mineralization Below Mineral Resource

Turaco Gold (ASX:TCG) said initial deep drilling at the Woulo Woulo deposit, within the Afema gold project in Ivory Coast, confirmed significant depth extensions to the deposit's mineral resource, according to a Thursday Australian bourse filing.Higher-grade gold was intersected around 250 meters below previous drilling, with an intercept of 100 meters at 1.06 grams per tonne grade of gold from 495 meters.Further deeper holes are currently being drilled to confirm the continuity of broad widths of high-grade gold mineralization, the filing added.

ASX:TCG

Asia5d ago

Cobre Collaborating With Equinor to Assess In-Situ Copper Recovery at Botswana Project

Cobre (ASX:CBE) is collaborating with Equinor to conduct test programs for its fully-owned Ngami copper project in Botswana, according to a Thursday filing with the Australian bourse.Equinor will undertake a series of test programs to evaluate copper recovery and other parameters under dynamic flow conditions, per the filing.Cobre said it completed community engagement activities outlining the proposed in-situ copper recovery demonstration plant, and commissioning of the associated well field has also started.Assay results from five diamond drill holes at Ngami include about 5.8 meters at 0.5% copper and 10.3 grams per tonne grade of silver from 178.2 meters; 5.4 meters at 0.6% copper and 14.1 g/t silver from 198.6 meters; and about 5.1 meters at 0.7% copper and 17.4 g/t silver from 197.9 meters, among other intercepts.Additionally, Cobre started follow-up target drilling at the Okavango copper project in Botswana under a partnership with Sinomine, per the filing.

ASX:CBE

Asia5d ago

Kobe Bussan's June Sales Rise 5.4%

Kobe Bussan's (TYO:3038) June net sales reached 47.5 billion yen, up 5.4% on a non-consolidated basis, according to a Wednesday filing on the Tokyo Stock Exchange.The supermarket operator's gross profit slipped 3.2% to 4.82 billion yen, while operating profit fell 12% to 2.8 billion yen.The Gyomu Super operator opened one direct-managed and one indirectly-run stores in the month, bringing its network to 1,139 locations. There were no closures.Shipments to existing stores in directly managed areas increased 3%, and nationwide shipments rose 5.8% from a year earlier.

TYO:3038

Asia5d ago

Viridis Mining and Minerals Achieves Steady-State Rare Earth Carbonate Production at Demonstration Plant

Viridis Mining and Minerals (ASX:VMM) achieved steady-state continuous production of mixed rare earth carbonate (MREC) from its demonstration plant, following successful initial start-up disclosed May 26, according to a Thursday Australian bourse filing.The company said July magnet rare earth oxide (MREO) recoveries reached 80%, materially outperforming the metallurgical recoveries adopted in the pre-feasibility study (PFS), with average July recoveries of 79% MREO and 64% total rare earth oxide compared with PFS assumptions of 76% and 57%, respectively.Demonstration plant optimization remains ongoing, the filing added.

ASX:VMM

Asia5d ago

Market Chatter: Toyota Tsusho Bets 1.2 Trillion Yen on Metal Recycling

Toyota Tsusho (TYO:8015) plans to invest 1.2 trillion yen through March 2028 to expand its metal scrap recycling operations, focusing on extracting valuable materials from recycling rather than operating mines, Nikkei Asia reported Thursday, citing Chief Operating Officer Toshihiko Muroi.The firm is strengthening its India presence by doubling the number of expatriate staff to 100 and expanding its recycling centers, although it faces pressure from informal competitors with lower overhead, the news daily reported.The company, which handles everything from production to distribution, plans to extend its used-battery recycling operations from Japan into the U.S. and beyond, the publication said.(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.)

TYO:8015

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