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Ethos Opens New Watch Boutique in Faridabad, India; Shares Jump 10%

Premium watches retailer Ethos (NSE:ETHOSLTD, BOM:543532) has opened a new boutique in Faridabad, India, according to a Tuesday filing to the Indian stock exchanges.Shares of the company jumped nearly 10% in Wednesday's trade.With this new outlet, the company now has 95 boutiques across India.

BOM:543532NSE:ETHOSLTD

Equities55d ago

Helium Exploration Group Rift Helium Kicks off Trading on London Bourse

Helium exploration and development company Rift Helium (RIFT.L) started trading on the London stock exchanges' AIM segment on Wednesday, according to a same-day filing.Rift Helium also raised 8.1 million pounds sterling through a share placement and subscription of 80,855,000 new shares. The company has 134,142,041 shares in issue and a market cap of 13.4 million pounds.

$RIFT.L

Asia55d ago

Far East Smarter Energy Turns to 2025 Profit; Shares Jump 9%

Far East Smarter Energy (SHA:600869) posted 2025 attributable net profit of 58.9 million yuan, compared with loss of 318.0 million yuan the previous year.Earnings per share stood at 0.0267 yuan, versus loss per share of 0.1433 yuan last year, according to a Wednesday filing with the Shanghai bourse.Operating revenue rose 7.7% year over year to 28.1 billion yuan from 26.1 billion yuan.Shares of the wire and cable manufacturer were up 9% in recent trade.

SHA:600869

Asia55d ago

Australian Shares Decline; Treasury Wine Estates to Transition to New Regional Operating Model in October

Australian shares retreated at Wednesday's close as uncertainty around negotiations between the US and Iran continued, even as the US extended a ceasefire.The S&P/ASX 200 Index declined 1.18%, or by 105.80 points, to close at 8,843.60.US President Donald Trump said the US would extend the ceasefire with Iran indefinitely. Iran had rejected a second round of negotiations before the extension was declared. The Strait of Hormuz remained closed, while President Trump said he would continue the US's blockade of Iran.Brent crude oil futures were steady at $$98.47 per barrel.On the domestic front, the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, fell to negative 0.13% in March from 0.05% in February, signaling a renewed slowdown in growth expectations as higher interest rates and weaker consumer sentiment weigh on the outlook.The Commonwealth Bank of Australia's inaugural FX Barometer report, conducted between Feb. 16 and April 10, showed that importers were hedging around 80% of their currency exposures and exporters hedging 86%, while businesses that both import and export were hedging around two-thirds of their exposures, reflecting partial natural offsets.In company news, Treasury Wine Estates (ASX:TWE) will transition to a new regional operating model, effective Oct. 1. Under the new model, the company will operate four regional divisions: the Americas; Australia and New Zealand (ANZ) and Europe; Greater China; and emerging markets, which cover the rest of Asia, Middle East, and Africa. Its shares soared over 16% on market close.BHP Group (ASX:BHP) reported fiscal third-quarter copper production of 476,800 tonnes, down 7% from a year earlier. Iron ore output for the March quarter was 62.8 million tonnes, an increase of 2% from the year-ago period. Its shares closed up over 1%.Lastly, South32 (ASX:S32) reported a 1% increase in alumina production year-to-date to March, helped by record production in its Brazil Alumina segment. Aluminium production was mostly flat during the period. Its shares were up over 1% on market close.

ASX 200ASX:BHPASX:S32ASX:TWE

Asia55d ago

MeiHua 2025 Profit Up 20%; Shares Fall 9%

MeiHua (SHA:600873) posted 2025 attributable net profit of 3.28 billion yuan, up 20% from 2.74 billion yuan the previous year.Earnings per share rose to 1.17 yuan from 0.94 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue declined 3.4% year over year to 24.2 billion yuan from 25.1 billion yuan.Shares of the nutritional products manufacturer were down 9% in recent trade.

SHA:600873

Asia55d ago

MeiHua's Attributable Profit Drops 88% in Q1; Shares Slide 9%

MeiHua's (SHA:600873) attributable profit plunged 88% to 117.9 million yuan in the first quarter from 1.02 billion yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the nutritional products manufacturer slid to 0.04 yuan from 0.36 yuan in the prior-year period.Operating income slipped 4.5% year over year to 5.99 billion yuan from 6.27 billion yuan.Shares decreased 9% during afternoon trading on Wednesday.

SHA:600873

Asia55d ago

Dyno Nobel Earnings Favorably Exposed to Mining End Markets, Jefferies Says

Dyno Nobel's (ASX:DNL) earnings are favorably exposed to mining end markets and its integrated capacity amid a tight global market positions it favorably from impacts of the Middle East conflict, Jefferies said in a Tuesday note.Jefferies forecast a first-half explosives earnings before interest and taxes (EBIT) of AU$190 million, around 2% over the consensus forecasts, and at the top end of Dyno Nobel's AU$460 million to AU$500 million fiscal year 2026 EBIT guidance range. It also forecast AU$123 million net profit after tax for the first half, which is around 2% above consensus on a continuing basis.It lowered both its EBIT and earnings per share forecasts by around 1% in fiscal year 2026 to fiscal year 2028.The investment firm retained its buy rating on Dyno Nobel with a price target of AU$3.90 per share.

ASX:DNL

Asia55d ago

Uzma, Boustead to Explore Satellite Communications, Geospatial Intelligence

Uzma (KLSE:UZMA) unit Uzma Space and Defence signed a memorandum of understanding with Boustead to explore collaboration in satellite communications and geospatial intelligence, according to a Tuesday Malaysian bourse filing.Uzma's shares rose over 2% Wednesday afternoon.The partnership will focus on developing satellite-based solutions, Earth observation capabilities, and AI-driven geospatial analytics for defence, security, and critical infrastructure applications.Both parties will also look at joint participation in government and regional tenders, along with co-development of integrated intelligence and communication systems.The collaboration may include training programs and knowledge-sharing initiatives in related technologies.The MoU is valid for one year, with an option for extension, the filing said.

KLSE:UZMA

Asia55d ago

Market Chatter: Taiwan Gives Go-Ahead to Google for NT$27 Billion Investment

Taiwan's Ministry of Economic Affairs gave tech firm Google approval to invest NT$27 billion to expand its businesses in the data processing and semiconductor niche, according to a report by Focus Taiwan Wednesday.Of the total, Google reportedly intends to invest NT$25.3 billion in data processing and electronics information services through its unit Fructan Holdings Singapore and NT$1.74 billion in semiconductor-related acquisitions through subsidiary Connectds Singapore.Google is also eyeing a new data center in Tainan in a bid to expand its AI segment, the report said citing local media.(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.)

Taiwan Weighted

Asia55d ago

Cape EMS Forays into Advanced Interconnect Engineering; Shares Rise 3%

Cape EMS (KLSE:CEB) established a manufacturing and engineering platform through a joint venture with New Grand Tech (HK), according to a Tuesday Malaysian bourse filing.Shares of Cape EMS rose over 3% in Wednesday's afternoon trade.The platform, GrandCape, will focus on flexible flat cables, AI data center interconnects, and battery energy storage system solutions, marking the group's expansion into advanced connectivity and energy systems.The initiative positions Cape EMS within the global AI infrastructure and GPU supply chain, supporting high-performance computing and data center applications. It also strengthens its exposure to the electric vehicle and renewable energy storage segments, the filing said.

KLSE:CEB

Asia55d ago

SER Industries Gets BSE's Approval for Name Change

Logistic service provider SER Industries (BOM:507984) has received approval from the BSE stock exchange to "Desi Farms India" with effect from April 21, according to a same-day filing to the BSE.The company's equity shares will be traded under scrip ID "DESIFARMS" with effect from April 27.The company's shares were up 2% in recent trade.

BOM:507984

Asia55d ago

Patronus Resources Conditionally Agrees to Vote for Emmerson Resources-Pan African Resources Deal

Emmerson Resources (ASX:ERM) said shareholder Patronus Resources (ASX:PTN) has conditionally agreed to vote in favor of Pan African Resources' proposed acquisition of Emmerson, according to a Wednesday filing with the Australian bourse.Patronus, which holds about 7.4% of Emmerson's issued share capital, will vote for the deal if the share exchange ratio is at least 0.1493 Pan African shares for each Emmerson share. The positive vote is also subject to no superior proposal emerging and independent experts finding the deal to be in the best interests of Emmerson shareholders, per the filing.Emmerson Resources shares were down 3% on market close, while Patronus Resources fell nearly 2%.

ASX:ERMASX:PTN

International55d ago

Saudi Arabia's Annual Construction Costs Climb 2% in March

Saudi Arabia's construction cost index increased 2% year over year in March, following a 1.4% rise in the previous month, according to data from the General Authority for Statistics released Wednesday.The latest increase was largely attributed to higher construction costs in both the residential and non-residential sectors.On a monthly basis, construction costs in the kingdom were 0.6% higher.

^TASI

Asia55d ago

Nuix's Linkurious Acquisition Leads to 3% to 6% Increase in Fiscal Year 2026 to Fiscal Year 2028 Revenue, Earnings Estimate, Jefferies Says

Nuix's (ASX:NXL) fiscal year 2026 to fiscal year 2028 revenue and earnings estimates were increased by 3% to 6% to reflect the addition of Linkurious, Jefferies said in a note on Tuesday.Nuix's Linkurious acquisition was completed broadly in line with expectations. Despite drawing AU$20 million of debt, the firm is expected to remain in a net cash position.Jefferies acknowledged the potential cross-sell opportunities and technology enhancements following the acquisition, but added that it was too early to incorporate these into its forecasts.The investment firm maintained a buy rating on Nuix and a price target of AU$2.20 per share.

ASX:NXL

Asia55d ago

Hong Leong Asia Acquires Yong Tai Loong for Nearly SG$91 Million; Shares Surge 7%

Hong Leong Asia (SGX:H22) completed the acquisition of Yong Tai long for SG$90.7 million, according to a Tuesday filing with the Singapore Exchange.Shares of the powertrain solutions provider surged over 7% in Wednesday trading.Yong Tai is a provider of blast-resistant products, with the acquisition a strategic move to expand the company's portfolio and product offerings.

SGX:H22

International55d ago

UK's Annual Retail Prices Up 4.1% in March

The UK's retail prices rose 4.1% year over year in March, following a 3.6% increase in February, data from the Office for National Statistics showed Wednesday.The reading is above market expectations of a 3.9% growth.On a monthly basis, the index was 0.8% higher, against the prior 0.4% increase and the expected 0.7% gain.

FTSE 100

Asia55d ago

Sheffield Green Rebrands Global Training Division; Shares Down 5%

Sheffield Green (SGX:SGR) rebranded its training subsidiary, Wind Asia Training and Stier Training Services to Trainergy, according to a Tuesday filing with the Singapore Exchange.Shares of the human resource services provider were down over 5% in Wednesday trading.The strategic move will unify the division to meet global demand for skilled labor in the global energy sector.Trainergy provides training and competency services across several sectors.

SGX:SGR

International55d ago

UK's Annual Producer Input, Output Prices Jump in March

Producer input prices in the UK increased 5.4% year over year in March, following a revised 0.7% gain in February, data from the Office for National Statistics showed Wednesday.Meanwhile, producer output or factory gate prices jumped 2.6% annually, against the revised 1.8% rise earlier.On a monthly basis, producer input prices climbed 4.4% in March, compared with the revised 0.9% increase previously and the forecast of a 2.8% gain. Monthly factory gate prices edged up 0.9%, versus a 0.5% decline earlier and a projected 1% growth.

FTSE 100

Asia55d ago

Far East Smarter Energy's Attributable Profit Jumps 110% in Q1; Shares Surge 9%

Far East Smarter Energy's (SHA:600869) attributable profit rose 110% to 96.6 million yuan in the first quarter from 45.9 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the smart energy services company increased 104% to 0.0422 yuan from 0.0207 yuan in the prior-year period.Operating income grew 9.3% year over year to 5.32 billion yuan from 4.87 billion yuan.Shares increased 9% during afternoon trading on Wednesday.

SHA:600869

International55d ago

UK's Annual Inflation Accelerates to 3.3% in March

Britain's annual inflation rate climbed to 3.3% in March from 3% in February, according to data from the Office for National Statistics published Wednesday.The latest reading aligned with consensus estimates.On a monthly basis, consumer prices were 0.7% higher, compared with the 0.4% gain earlier and the market forecast of 0.6% growth.Meanwhile, the UK's annual core inflation rate was 3.1%, compared with the prior and expected 3.2%. Month over month, core consumer prices gained 0.4%, against the previous reading of 0.6% increase and the consensus estimate of a 0.5% rise.

FTSE 100

Showing 35221-35240 of 42000

Asia55d ago

Australian Shares Decline; Treasury Wine Estates to Transition to New Regional Operating Model in October

ASX 200ASX:BHPASX:S32ASX:TWE