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UK Monthly Services Output Gains 0.5% in February

Britain's services output edged up 0.5% month over month in February, following a revised 0.1% uptick in January, according to data from the Office for National Statistics published Thursday.On a yearly basis, the index was 1.4% higher, against the revised 1% jump earlier.

FTSE 100

International92d ago

British Monthly Construction Output Rises 1% in February

Construction output in the UK increased 1% month over month in February, following a revised 0.5% gain in the previous month, the Office for National Statistics said Thursday.Analysts expected a 0.4% decline for the month, according to Investing.com data.On a yearly basis, construction output was 1% lower, against the revised 1.9% drop earlier and the market forecast from Investing.com of 0.4% decrease.

FTSE 100

Asia92d ago

TBEA to Build Xi'an Industrial Park for 1.19 Billion Yuan

TBEA (SHA:600089) plans to invest 1.19 billion yuan for the construction of the Xi'an smart manufacturing park, according to a Shanghai bourse filing on Thursday.The construction will include building capacitor and reactor workshops, joint utility stations, warehousing area, office buildings and guard facilities and other equipment.The industrial park will annually produce 30-kilovolt-ampere reactive of oil-immersed capacitors, 50 million kvar of dry-type capacitors, 632 units of iron-core reactors, 4,918 units of air-core reactors and 318 units of high-voltage shunt, bridge-arm, smoothing and other special reactors.The electrical components manufacturer's shares fell 2% during the afternoon trade.

SHA:600089

Asia92d ago

Suraj Estate Developers Acquires Dadar, India Land for INR180 Million; Shares Jump 13%

Suraj Estate Developers (NSE:SURAJEST, BOM:544054) has acquired a land parcel in Dadar (West), Mumbai, at a total acquisition cost of about 180 million Indian rupees, including consideration for area to be handed over to landowners and related charges, according to a filing with the Indian bourses on Wednesday.Shares of the real estate developer fell jumped nearly 13% in Thursday's trade.The company plans to redevelop the plot with a saleable carpet area of about 18,000 sq ft, with an estimated gross development value of around 1 billion rupees, the filing said.

BOM:544054NSE:SURAJEST

Equities92d ago

COSCO Shipping Energy Orders Two Panamax Tankers

COSCO Shipping Energy Transportation (SHA:600026, HKG:1138) ordered two Panamax crude oil tankers for 1.02 billion yuan, according to a Hong Kong filing on Wednesday.Hong Kong-listed shares of the Chinese shipping company slid 4% on Thursday.COSCO SHIPPING (Qidong) Offshore, a subsidiary of COSCO SHIPPING Heavy Industry, will build the Panamax ships and deliver them in the fourth quarter of 2028.

HKG:1138SHA:600026

International92d ago

UK Trade Deficit Declines in Quarter to February

Britain's goods and services trade deficit fell by 300 million pounds sterling to 2.8 billion pounds in the three months to February, the Office for National Statistics said Thursday.The UK's goods trade deficit increased by 1 billion pounds to 57.1 billion pounds, while the services trade surplus grew by 1.3 billion pounds to 54.2 billion pounds.

FTSE 100

Asia92d ago

BlueFocus Returns to Profit in 2025; Shares Jump 4%

BlueFocus Intelligent Communications Group (SHE:300058) returned to profit in 2025, posting a net profit attributable to shareholders of 224.7 million yuan, or 0.063 yuan per share, according to a Shenzhen bourse filing on Thursday.The attributable loss a year earlier was 290.7 million yuan, or 0.083 yuan per share.Operating revenue rose 13% year on year to 68.7 billion yuan from 60.8 billion yuan.The marketing technology company's shares jumped 4% during the afternoon trade.

SHE:300058

Equities92d ago

Zenith Energy Unit Submits Environmental Impact Assessment for Uranium Deposit in Italy

Zenith Energy (ZENA.OL, ZEN.L) unit Futuro Energetico Italiano submitted an environmental impact assessment for the Novazza uranium deposit in Bergamo, Italy.The assessment, which is the final requirement for an exploration license, was submitted to the Italian Ministry for Environment and Energy Security, according to a Thursday release. The approval process is expected to take six months.Meanwhile, the energy production and development company secured an extension to submit the environmental impact assessment for the Val Vedello deposit in Sondrio, Italy, until July 15.

$ZEN.L$ZENA.OL

International92d ago

UK's Monthly Manufacturing Output Edges Down 0.1% in February

The UK's monthly manufacturing production was down 0.1% in February, following a revised 0.2% uptick in the prior month, the Office for National Statistics said Thursday.Analysts expected a 0.3% gain for the month.On a yearly basis, British manufacturing output fell 0.5%, compared with the 1.3% jump earlier and the consensus estimate of a 0.3% dip.

FTSE 100

Equities92d ago

Market Chatter: Spain's Repsol Nears Deal to Regain Control Over Venezuelan Oil Assets

Repsol (REP.MC) is set to regain operational control of its oil assets in Venezuela under a new agreement with the South American country's government, with an announcement expected as soon as Thursday, London's Financial Times reported the same day.Under the deal, the Spanish energy group plans to triple output from its Venezuelan operations within a span of three years, a person familiar with the matter told the newspaper.Repsol will also include the creation of a "guaranteed" payment mechanism aimed at avoiding past issues concerning the Venezuelan government's failure to meet payment obligations, the report added.Repsol did not immediately respond to a request for comment from.(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.)

$REP.MC

International92d ago

British Monthly Industrial Production Rises 0.5% in February

UK industrial production rose 0.5% month over month in February, following a 0.1% drop in January, the Office for National Statistics said Thursday.Analysts expected a 0.2% growth for the month.On a yearly basis, UK industrial output was 0.4% lower, against the revised 0.5% increase earlier and the consensus estimate of a 0.9% fall.

FTSE 100

Asia92d ago

Diversified United Investment Shareholders Approve Merger With Australian United Investment

Diversified United Investment (ASX:DUI) shareholders approved its proposed merger with Australian United Investment Co. (ASX:AUI) at a Thursday meeting, according to a same-day filing with the Australian bourse.Diversified United Investment said it will apply to the Federal Court of Australia for the deal's approval, with the second court hearing due to take place on April 20 in Melbourne.

ASX:AUIASX:DUI

International92d ago

UK's Monthly GDP Rises 0.5% in February

The UK's gross domestic product expanded 0.5% month over month in February, following a revised 0.1% growth in January, the Office for National Statistics said Thursday.The reading is consistent with analysts' expectations for the month.On a yearly basis, the British economy grew 1%, against the prior revised 0.7% increase and the market forecast of a 0.6% jump.

FTSE 100

International92d ago

Market Chatter: ECB to Reportedly Hold Rates Steady in April Meeting Amid Ongoing Iran War

European Central Bank policymakers are inclined to leave interest rates unchanged in April, opting to wait for clarity on the economic impact of the ongoing Middle East conflict, Bloomberg News reported Wednesday.Citing people familiar with the discussion, the news outlet said ECB officials believe current financing conditions are anchoring inflation expectations, rendering a rate hike announcement during the April 29 to April 30 meeting unnecessary for now. The war-driven spike in energy prices sent annual inflation higher to 2.5% across the 21-nation bloc in March.ECB did not immediately respond to a request for comment from.(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.)

^SXXP

Asia92d ago

Enviro Infra Engineers Secures Orders Worth INR22.4 Billion Since March

Enviro Infra Engineers (NSE:EIEL, BOM:544290) has bagged orders worth 22.4 billion Indian rupees since March, across its water, wastewater, and renewable energy segments, according to a Thursday filing to the Indian stock exchanges.The company secured orders of 11.7 billion rupees from the water and wastewater segment and over 10.7 billion rupees from the renewable energy segment. These projects are expected to be executed over the next 15-24 months.With this, the company's current order book has increased to over 46 billion rupees."We have clear visibility on project execution and revenues to the tune of Rs 20 Crore (20 billion rupees) with steady growth over the next two years," said the company's chairman, Sanjay Jain.The company's shares were up over 1% in recent trade.

BOM:544290NSE:EIEL

Equities92d ago

Adnoc Gas Confirms Habshan Complex in Abu Dhabi Attacked Last Week

Natural gas distributor Adnoc Gas (ADX:ADNOCGAS) said Thursday that its Habshan complex in Abu Dhabi was attacked on April 8.The operations at the gas processing hub were temporarily halted as the company worked to put out several fires. The company noted that supply is substantially restored and it is "engaging with customers on a case-by-case basis."Adnoc Gas is evaluating the impact and the costs of damage to the facilities involved, it added.

ADX:ADNOCGAS

Asia92d ago

ValueMax Issues New Shares on Exercise of Warrants

ValueMax (SGX:T6I) allotted and issued 174,830 shares on Thursday pursuant to the exercise of the same number of warrants at an exercise price of SG$0.36 each, according to a Thursday filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 945.1 million shares, the filing said.

SGX:T6I

Asia92d ago

China's Finance Ministry Issuing 15.5 Billion Yuan of Treasury Bonds in Hong Kong

China's Ministry of Finance on April 22 will issue 15.5 billion yuan of treasury bonds in Hong Kong, the second batch this year, according to the ministry.

Shanghai Composite^SZSE

Asia92d ago

Keppel Bags HDB Cooling Contract for 10,000 Tengah Homes

Keppel (SGX:BN4) said its infrastructure division has secured a chilled water supply contract from Singapore's Housing & Development Board, according to a company release on Thursday.The project includes the design, installation and operation of centralized cooling systems at nine upcoming build-to-order projects in Tengah.Under the 20-year contract, roughly 10,000 households within Tengah's Brickland, Park and Forest Hill districts can engage Keppel to provide chilled water to cool their homes.Following this contract and together with an earlier contract, around 14,000 households across 12 projects in Tengah will have access to the energy efficient cooling system, the release said.

SGX:BN4

Asia92d ago

Konfoong Materials' 2025 Profit Climbs 25%, Revenue Rises 28%

Konfoong Materials International's (SHE:300666) net profit attributable to shareholders in 2025 climbed 25% year on year to 499.5 million yuan, or 1.89 yuan per share, according to a Shenzhen bourse filing on Thursday.The attributable profit a year earlier was 400.6 million yuan, or 1.51 yuan per share.The chip parts manufacturer's operating revenue jumped 28% to 4.60 billion yuan from 3.60 billion yuan in the previous year.

SHE:300666

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