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Thai Union Group Names CFO

Thai Union Group (BKK:TU) named Ratiporn Ratcharoen as its new Chief Financial Officer, effective Aug. 17, according to a Monday filing with the Thailand Exchange.Ratcharoen will succeed Thiraphong Chansiri who will remain the seafood product's company's interim CFO until Aug. 16.

BKK:TU

Asia6d ago

Nyrada Builds Cash Balance in June Quarter With Receipt of R&D Tax Incentive

Nyrada (ASX:NYR) ended the June quarter with a cash balance of about AU$8.4 million, up from AU$6.7 million as of March 31, according to a Monday filing with the Australian bourse.Cash operating outflows for the June quarter totaled about AU$1.7 million, offset by AU$60,000 of interest income and the receipt of a roughly AU$2.5 million research and development tax incentive from the Australian government, per the filing.The company said its phase 2a clinical trial of Xolatryp in heart attack patients remains on track for completion next year, with the final patient expected to be dosed in mid-2027.Nyrada shares fell 1% in recent Monday trade.

ASX:NYR

International6d ago

New Zealand New Residential Mortgage Lending Falls in June

Total new residential mortgage lending in New Zealand fell to NZ$8.45 billion in June from NZ$8.63 billion in May, according to data from the Reserve Bank of New Zealand released on Monday.Residential mortgage lending to first home buyers fell to NZ$1.6 billion in June from NZ$1.68 billion in the previous month. Lending to other owner-occupiers decreased to NZ$5.1 billion from NZ$5.23 billion.Residential mortgage lending to investors rose to NZ$1.65 billion from NZ$1.61 billion, while that for business purposes decreased to NZ$95 million from NZ$112 million.Total new residential lending at a loan-to-valuation ratio above 80% came in at NZ$1.27 billion in June for all borrower types, up from NZ$1.25 billion in May.Residential mortgage lending, where the loan-to-valuation ratio is equal to or below 80%, was NZ$7.18 billion for all borrower types, down from NZ$7.38 billion in the previous month.

^NZ50

Asia6d ago

SK Group, Nvidia Sign $500 Billion Long-Term Partnership to Secure, Co-Develop Next-Generation HBM

SK Group, the parent of SK Hynix (KRX:000660), signed a memorandum of understanding with U.S.-based chipmaker Nvidia to secure and co-develop next-generation AI memory, Nvidia said in a press release on Friday.The two companies will jointly develop and optimize next-generation AI memory, including high-bandwidth memory (HBM), for AI infrastructure spanning large language models, agentic AI and physical AI, according to the release.The long-term partnership, amounting to $500 billion, was announced during South Korean President Lee Jae Myung's visit to San Francisco, where South Korean firms Samsung Electronics (KRX:005930) and Naver (KRX:035420) also announced partnerships with US firms.Shares of SK Hynix fell more than 1% in recent trade. Shares of Samsung Electronics declined nearly 1%, while those of Naver added over 9%.

KRX:000660KRX:005930KRX:035420

Asia6d ago

Hanwha Aerospace Files for Singapore Listing of $500 Million Bonds

Hanwha Aerospace (KRX:012450) filed for the listing of $500 million 5% senior unsecured bonds due 2029 on the Singapore bourse, according to a filing with the Singapore Exchange on Monday.The bonds will be listed and quoted on the Bonds Market on or about July 28, the aerospace company said.

^STIKRX:012450

Asia6d ago

Changi Airport Q2 Passenger Traffic Slips 1.5%; H1 Volume Up 0.4%

Singapore's Changi Airport recorded 17.2 million passenger movements in the second quarter, down 1.5% from a year earlier, according to a Friday company release.Aircraft movements in the second quarter also fell 1.3% year over year to 92,400.Top five markets during the second quarter were China, Indonesia, Australia, Malaysia and India, while Vietnam booked the strongest growth at 18.5%.In the first half of 2026, passenger traffic rose 0.4% from a year earlier.

^STI

Asia6d ago

Update: Spark New Zealand Starts Review of Digital Services Division

(Updates to add stock movement in the fifth paragraph)Spark New Zealand (ASX:SPK, NZE:SPK) started a strategic review of its Digital Services division, according to a Monday filing with the Australian bourse.The review is expected to be completed in the first half of fiscal year 2027, the filing said.The company will shift to a new organizational structure comprising two divisions, namely Connectivity and Digital Services, with both enabled by centralized shared functions.In line with the restructure, Chief Commercial Officer Mark Beder was named Chief Customer Officer of Connectivity, per the filing.The company's shares rose past 3% in recent Monday trading on the Australian bourse. Its New Zealand shares gained over 2%.

ASX:SPKNZE:SPK

International6d ago

Saudi Arabia's Trade Surplus Up MoM in May

Saudi Arabia's merchandise trade surplus came in at 26.02 billion Saudi riyals in May, up from the prior month's revised 22.76 billion riyals, data from the General Authority for Statistics showed Sunday.Merchandise exports totaled 93.78 billion riyals, up 3.9% year over year, while merchandise imports fell 19.5% to 67.76 billion riyals.

^TASI

Asia6d ago

European Commission Finds TikTok in Breach of Laws Over Minors' Account Safety

The European Commission issued preliminary findings that TikTok's account settings for minors breach the Digital Services Act (DSA) by exposing young users to cyberbullying and predatory risks.Regulators found that the platform fails to meet the DSA's strict privacy standards because minors can set their accounts to "public," making their content visible to strangers and non-users. Additionally, the Commission noted that even private accounts remain easily discoverable through other users' follower lists.A TikTok spokesperson toldthat the company will review the findings while exercising its right of defense.The spokesperson also noted that teen accounts feature over 50 preset safety tools, are set to private by default, and heavily restrict direct messaging, feed recommendations, and LIVE access based on the user's age.

Shanghai Composite^SZSE

Asia6d ago

Kogan.com Taps Riskified for Fraud Prevention Initiative; Shares Up 4%

Kogan.com (ASX:KGN) chose Riskified's identity engine and identity explore capabilities for its fraud prevention initiative, Riskified said in a statement Monday.Kogan uses Riskified's products to achieve visibility into repeat policy abusers, promo misuse, and customer-level profitability, per the statement.The companies are working to strengthen Kogan's fraud prevention, improve approval coverage, and give Kogan a clearer understanding of customer behavior, Riskified said.Kogan.com's shares rose nearly 4% in recent trading on Monday.

ASX:KGN

Asia6d ago

CATL's Unit Proposes 5 Billion Yuan Bond Issuance; Shares Up 5%

Contemporary Amperex Technology's (SHE:300750, HKG:3750) unit, Guangdong Brunp Recycling Technology, proposed to issue bonds of up to 5 billion yuan, according to a Shenzhen bourse filing on Saturday.The battery maker's Shenzhen shares jumped 5% during Monday's morning trade.The term and interest rate of the bond are yet to be determined.Proceeds will be used to pay debt and supplement Brunp's working capital.

HKG:3750SHE:300750

Asia6d ago

Crealights Technology's IPO Stabilization Period Ends

The stabilization period for Crealights Technology's (HKG:1191) Hong Kong initial public offering ended on Friday, according to a same-day Hong Kong bourse filing.During the stabilization period, the stabilizing manager over-allocated 2.01 million H-shares, representing about 15% of the total offer shares initially available under the global offering.The over-allotment option was fully exercised on July 8, involving the issue of 2.01 million H-shares at the IPO price of HK$114.00 each to cover the over-allotments.The company said no on-market purchases or sales of its H-shares were undertaken for price stabilization during the stabilization period.

HKG:1191

Asia6d ago

Singapore Airlines Backing Air India Despite Financial Burden

Singapore Airlines' (SGX:C6L) 25.1% stake in Air India remains a pillar of its multi-hub strategy, granting it direct access to India's market, the airline company told investors in its responses to questions from the Securities Investors Association (Singapore).Shares of the company were up nearly 2% in Monday trading.The Indian air carrier recorded a share of losses from Air India of around SG$945.2 million in fiscal 2026, with investment value following to SG$1.13 billion, according to a company release on Friday.The company is working with Tata Sons to support Air India's transformation.

SGX:C6L

Asia6d ago

Bank Indonesia Governor Steps Down

Bank Indonesia Governor Perry Warjiyo has resigned from the position on July 25, citing personal reasons, according to a Monday statement by the central bank.Destry Damayanti, a senior deputy governor at BI, has been appointed as interim governor.

^JKSE

Asia6d ago

ASX Midday Sector Update: Information Technology Stocks Jump, Energy Sector Struggles

Information technology stocks jumped nearly 4% at midday Monday.Xero (ASX:XRO) gained 5% in recent trade.On the flip side, the energy sector struggled, shedding about 4%.Woodside Energy Group (ASX:WDS) shares were down almost 4% in recent trade even after the Western Australian government decision to grant "state significant project" status to the proposed Browse to North West Shelf gas project.

ASX 200ASX:WDSASX:XRO

Asia6d ago

Aedge Group Targets SG$3.5 Million Fund Raise Through Share Placement

Aedge Group (SGX:XVG) aims to raise around SG$3.5 million by placing 16.7 million new shares at SG$ 0.21 each, for which it has entered an underwritten placement agreement on Friday, according to a same-day filing to the Singapore stock exchange.After accounting for the estimated fees and expenses, the net proceeds will be around SG$3.4 million, the multi-services provider said.The new shares amount to about 10.29% of the existing share capital of 161.9 million and around 9.33% of the enlarged capital of 178.6 million shares.Proceeds from the proposed placement will be used to support the growth of its investment properties division, strengthen its general working capital position, and to broaden its shareholder base, which may in turn improve its trading liquidity.

SGX:XVG

Asia6d ago

Market Chatter: Mitsubishi Motors to Invest Additional 16 Billion Baht in Thailand by 2030; Shares Jump 4%

Mitsubishi Motors (TYO:7211) plans to invest an additional 16 billion baht in Thailand by 2030 to boost its operations as a production and export hub for electrified vehicles, Nikkei Asia reported Friday, citing Chairman and CEO Takao Kato during a courtesy visit to Thai Prime Minister Anutin Charnvirakul.The investment is expected to support production and exports of electrified models, with particular focus on the Pajero sport utility vehicle and pickup trucks, the report said.Shares of the Japanese automaker rose nearly 4% in recent trade.(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:7211

Asia6d ago

iFast's Profit Jumps 35% in Q2

iFast's (SGX:AIY) net profit after tax rose 35% in the second quarter of the year to SG$29.8 million from SG$22.1 million a year earlier, according to a Monday filing with the Singapore Exchange.Earnings per share rose to SG$0.0965 compared with SG$0.0721 in the year-ago period.Revenue rose 38% year over year to SG$142.4 million from SG$103.3 million.The digital banking platform declared an interim dividend of SG$0.03 per share, up from SG$0.02 per share a year earlier. The dividend will be paid on Aug. 20.

SGX:AIY

Asia6d ago

Raffles Medical's Attributable Profit Down 9.6% in H1; Shares Down 4%

Raffles Medical's (SGX:BSL) attributable profit to owners dropped 9.6% during the first half of the year to SG$29.0 million from SG$32.1 million a year earlier, according to a Monday filing with the Singapore Exchange.Earnings per share fell to SG$0.0157 compared with SG$0.0173 in the year-ago period.Revenue declined 6.7% year over year to SG$353.2 million from SG$378.4 million.Shares of the integrated private healthcare provider slipped over 4% in Monday morning trading.

SGX:BSL

Asia6d ago

Ballard Mining Reports its Highest Ever Intercept at Western Australia Gold Project; Shares Gain 5%

Ballard Mining (ASX:BM1) said recent drilling at the West Knell prospect in Western Australia identified the highest gold values ever encountered by the company at the Mt Ida gold project, according to a Monday filing with the Australian bourse.Drilling at the north end of the deposit intersected nine meters at 27.1 grams per tonne grade of gold from 191 meters, representing the highest intercept reported by Ballard at Mt Ida, per the filing.Additional drilling results from other prospects include two meters at 5.6 g/t gold from 69 meters, four meters at 7.2 g/t gold from 192 meters, and two meters at 4.4 g/t gold from 35 meters.The grant of the West Knell mining lease and an updated mineral resource estimate for Mt Ida are both expected in the current quarter, the company said.Ballard Mining shares gained over 5% in recent Monday trade.

ASX:BM1

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