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Oriental Rail Infrastructure Bags Order Worth INR16 Million for Supply of Coaches

Oriental Rail Infrastructure (BOM:531859) has secured an order worth 15.7 million Indian rupees from the Rail Coach Factory, Kapurthala, Indian Railways, according to a BSE filing on Monday.The contract is for the manufacturing, supply, and installation of 25 sets of "one set of seats and berths for LHB GS coaches."The order is expected to be completed by Sept. 28.The company's shares were down over 1% in recent trade.

BOM:531859

Asia99d ago

Market Chatter: Foreigners Maintain Buying Streak on Bursa Malaysia

Foreign investors continued their momentum on Bursa Malaysia, registering net inflows of 470.3 million ringgit and extending their buying streak to three consecutive weeks, The Star reported Monday, citing MBSB Investment Bank.Foreign funds were net purchasers on most trading sessions during the week ended April 10, with notable inflows across several days led by mid-week activity.Meanwhile, retail investors turned net buyers with inflows of 189.2 million ringgit, while local institutions remained in net selling mode for a third straight week, recording outflows of 659.4 million ringgit, the news outlet said.On a regional basis, foreign investors also reversed a seven-week selling trend, with buying interest concentrated in India, Indonesia, Vietnam and the Philippines, while Malaysia and several Asian markets also recorded inflows, reportedly.(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.)

FTSE Bursa Malaysia KLCI

Asia99d ago

Jaya Tiasa Discloses March Production Figures

Jaya Tiasa (KLSE:JTIASA) reported fresh fruit bunch (FFB) production of 57,878 metric tonnes for March 2026, according to a filing with Bursa Malaysia on Friday.Shares gained about 1% in Monday's midday trade.Crude palm oil output stood at 13,442 metric tonnes, while palm kernel production came in at 3,118 metric tonnes, the company said.In addition, log production for the month totaled 12,101 cubic meters.The plantation and timber group did not provide year-on-year comparative figures in the filing.

KLSE:JTIASA

Asia99d ago

Spring Airlines' Attributable Profit Edges Up 2% in 2025

Spring Airlines' (SHA:601021) attributable profit edged up 2% to 2.32 billion yuan in 2025 from 2.27 billion yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the airline increased 2.2% to 2.38 yuan from 2.33 yuan in the previous year.Operating income grew 7.3% year over year to 21.5 billion yuan from 20 billion yuan.Shares decreased 1% during afternoon trading on Monday.

SHA:601021

Equities99d ago

TotalEnergies Reports Hydrocarbon Discovery Offshore Congo

TotalEnergies (TTE.L, TTE.PA) said Monday it made a hydrocarbon discovery on the Moho license, offshore the Republic of Congo.The discovery follows the drilling of the MHNM-6 NFW exploration well, which encountered a hydrocarbon column of 160 meters.The French energy giant also conducted an extensive data acquisition and sampling campaign to support subsurface analysis and future development plans.TotalEnergies EP Congo is the operator of the Moho license with a 63.5% participation.

$TTE.L$TTE.PA

Asia99d ago

EMVision Medical Devices Says Eight Hospitals Recruiting For Validation Trial

EMVision Medical Devices (ASX:EMV) said eight hospitals are actively recruiting and ramping up, expanding trial capacity and supporting increased patient screening activity for its validation trial, according to a Monday Australian bourse filing.The trial is a blinded diagnostic performance study to support the US Food and Drug Administration De Novo clearance for EMVision's emu point-of-care brain scanner product.No device-related adverse events have been reported, it said.It also said the emu Regional Benefits study is advancing through preparations ahead of launch in the second half, with a second grant payment of AU$400,000 received during the quarter.

ASX:EMV

Asia99d ago

Aster DM Completes Expansion of Children's Facility at Aster Whitefield Hospital

Aster DM Healthcare (NSE:ASTERDM, BOM:540975) has completed the expansion of its women and children facility at its Aster Whitefield Hospital in Bengaluru, India, with an investment of 960 million Indian rupees, according to a Monday filing to the Indian stock exchanges.With this expansion, Aster Whitefield's bed capacity increased to 539 beds from 380.The dedicated 159-bed Aster Women and Children facility will feature specialized maternity care.The expansion also boosts Aster's total capacity in the state of Karnataka to 2,573 beds.The company's shares were down nearly 2% in recent trade.

BOM:540975NSE:ASTERDM

Asia99d ago

Middle East Conflict Indirectly Impacts Asia-Pacific Insurers, S&P Says

The Middle East conflict indirectly impacts Asia-Pacific insurers mostly through financial market volatility, S&P Global Ratings said in a recent release.The rating agency expects risks to be manageable under its base-case scenario of the war peaking and the Strait of Hormuz's closure easing during April.S&P expects the insurers to have ample capital buffers to cushion against investment and underwriting stresses from the conflict under the base-case scenario.However, risks could exacerbate under further disruption in the oil markets, with insurers from low-income net energy-importing economies the most exposed, S&P said.Possible losses for the region's insurers will stem from marine and cargo policies given Middle Eastern trade flows, although the segment accounts for a small portion of overall premiums, S&P said.A protracted conflict would raise input costs for insurers, dampen the macroeconomic environment, and worsen living costs, according to credit analyst Philip Chung.Meanwhile, nonlife insurers would face increased claims expenses in motor, property, and commercial lines, leading to increased premiums, the analyst said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE

Japan99d ago

Japan Shares Fall on BOJ Tightening Bets Amid Hormuz Tensions

Japanese shares closed lower on Monday as expectations that the Bank of Japan could tighten policy to support the yen and curb inflation lifted sentiment, after comments from Japan's trade minister pointed to potential rate hikes to counter price pressures linked to the Iran war.U.S. President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of weekend peace talks.The Nikkei 225 fell 0.74%, or 421.34 points, to close at 56,502.77.Ryosei Akazawa, Japan's top trade negotiator at the Ministry of Economy, Trade and Industry, was responding to a proposal raised during a television programme that a stronger yen could help ease rising crude oil import costs.Akazawa said such a policy direction could be considered as one option while assessing its impact on the broader economy, adding that the central bank's 2% inflation target was within reach even as real interest rates remained low.On the corporate front, Renova (TYO:9519) shares rose 5% after it reported March electricity sales beat plan and jumped on year, with limited impact from output curtailment.The Shikoku Bank (TYO:8387) shares gained 6% after it unveiled a three-year plan targeting higher profit and improved capital efficiency through digital transformation.Sakura Internet (TYO:3778) shares climbed 7% after it secured a 3.8 billion yen generative AI infrastructure order expected to support earnings.

Nikkei 225TYO:3778TYO:8387TYO:9519

Equities99d ago

BP to Acquire Majority Stake in Three Namibian Offshore Exploration Blocks

British oil and gas giant BP (BP.L) agreed to acquire a 60% interest in the PEL97, PEL99, and PEL100 offshore exploration blocks offshore Namibia from Eco Atlantic Oil & Gas (ECO.L).The deal remains subject to Namibian government approvals, with BP to become the operator and Eco Atlantic to continue as a partner on the three blocks, alongside Namibia's national oil company Namcor, according to a Monday release.

$BP.L$ECO.L

Asia99d ago

Sichuan Chuantou Energy's Power Generation Slides 7% in Q1

Sichuan Chuantou Energy's (SHA:600674) power generation fell 7.4% to 889 million kilowatt-hours in the first quarter from 960 million kilowatt-hours in the year-ago period, according to a Saturday filing with the Shanghai bourse.Hydropower output slid 6.7% to 845 million kWh from 906 million kWh, while photovoltaic power generation declined 19% to 44 million kWh from 54 million kWh, the filing said.Shares fell 2% during afternoon trading on Monday.

SHA:600674

Asia99d ago

Healius Says Macquarie Ceases to Be Substantial Holder

Healius (ASX:HLS) said Macquarie Group and its controlled entities have ceased to be a substantial holder in the company on April 8, according to a Monday Australian bourse filing.The company's shares rose 1% in recent Monday trade.

ASX:HLS

Asia99d ago

NBCC (India), HUDCO Sign MoUs for Redevelopment, Asset Monetization

NBCC (India) (NSE:NBCC, BOM:534309) and Housing and Urban Development Corp. (NSE:HUDCO, BOM:540530) signed two memorandums of understanding, according to a Monday filing on Indian bourses.The first MoU covers redevelopment of a leasehold plot of about 18,830 sq m at Bhikaji Cama Place in New Delhi, India. This includes feasibility study, construction, project management and monetization of built-up space, the filing said.The second MoU relates to asset monetization of self-sustainable model projects of NBCC. Under the deal, HUDCO will provide funding, subject to government approval, while NBCC will offer project management and consultancy services, it added.

BOM:534309BOM:540530NSE:HUDCONSE:NBCC

Asia99d ago

Australian Shares Slide; Monash IVF Group Receives Sweetened Takeover Offer from Genesis, Soul Patts Consortium

Australian shares slid on Monday's close as the US moved to blockade the critical Strait of Hormuz, sending oil prices up.The S&P/ASX 200 Index declined 0.39% or 34.60 points to close at 8,926.The US Central Command said the US will begin implementing a blockade of all maritime traffic entering and leaving Iranian ports after peace talks between Iran and the US broke down over the weekend.A report from The Wall Street Journal said that Trump and his advisers were considering limited ⁠strikes on Iran. Brent crude oil futures spiked around 7% to reach $102.17 per barrel early on Monday. Gold fell 0.7% to $4,714 per ounce.In company news, Monash IVF Group (ASX:MVF) received a revised, unsolicited, conditional, and non-binding indicative proposal from a consortium comprising Genesis Capital Investment Management and WHSP Holdings (ASX:SOL) to acquire all its shares by way of a scheme of arrangement at AU$0.90 per share. Its shares closed up 16%.a2 Milk (NZE:ATM, ASX:A2M) said its infant milk formula business in China is experiencing "temporary in-market product availability issues" that will likely impact the company's performance in fiscal 2026, resulting in a cut to guidance. Its shares fell 12% on market close.Lastly, EML Payments (ASX:EML) revised its fiscal-year underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance to a range of AU$47 million to AU$50 million from AU$58 million to AU$60 million. Its shares plunged 34% on market close, earlier reaching an over 12-year low point.

ASX 200ASX:A2MASX:EMLASX:MVF

Asia99d ago

Baoding Tianwei Baobian Electric's Attributable Profit Soars 105% in 2025

Baoding Tianwei Baobian Electric's (SHA:600550) attributable profit surged 105% to 197 million yuan in 2025 from 96.3 million yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the power transmission and transformation equipment increased 106% to 0.107 yuan from 0.052 yuan in the previous year.Operating income grew 20% year over year to 5.71 billion yuan from 4.74 billion yuan.Shares decreaed 3% during afternoon trading on Monday.

SHA:600550

Asia99d ago

Dreadnought Resources Finds High-Grade Critical Minerals Mineralization at Western Australia Project

Dreadnought Resources (ASX:DRE) said it found high-grade critical minerals mineralization during a recent drilling at its Stinger critical metals deposit, part of the Gifford Creek carbonatite complex in Western Australia, according to a Monday Australian bourse filing.The results were of up to 22.3 meters at 1.3% niobium pentoxide from 71.6 meters, including 10.4 meters at 2.1% niobium pentoxide from 71.6 meters, the filing added.The company said all holes have extended mineralization at Stinger, which remains open to the north and northwest, with an updated niobium JORC exploration target to be prepared and expanded to include potential critical metal by-products.Metallurgical test work at Stinger and the wider Gifford Creek to date shows promise of being commercial, the filing added.

ASX:DRE

Asia99d ago

Canyon Resources CEO Resigns for Personal Reasons

Canyon Resources (ASX:CAY) CEO Peter Secker has resigned due to personal reasons but will remain in the role over the coming months to help the company navigate a transition to production at its Minim Martap bauxite project in Cameroon, according to a Monday filing with the Australian bourse.Secker has also agreed to be available for longer, if needed, to support the executive recruitment process and ensure operational continuity, per the filing.Meanwhile, Mark Hohnen has transitioned into the non-executive chairman role.The company said it has mobilized a surface miner to the Daniel Plateau deposit at Minim Martap, with trial mining operations due to start in April. Canyon Resources is targeting first production in the second quarter and the first ore shipment in the third quarter.The company further said its current cash position, alongside an existing debt financing facility, is sufficient to fully support the capital expenditure needs for the first ore shipment.Shares of Canyon Resources were down 9% on market close.

ASX:CAY

International99d ago

Fixed-Asset Investment in China's Railways Rises 5% in Q1

Chinese railways' fixed-asset investment in the first quarter rose 5.1% year on year to 137.9 billion yuan, Xinhua reported Saturday, citing China State Railway Group.Some of the railway projects that are continuing are the Xi'an-Shiyan high-speed railway and the Shandong section of the Xiong'an-Shangqiu high-speed railway, the report said.About 2,000 kilometers of new national railway lines are planned to start operations this year, the report said.

Shanghai Composite^SZSE

International99d ago

ADB Projects Developing Southeast Asia to Keep Steady Growth in 2026, 2027

Developing Southeast Asia is expected to maintain steady economic growth this year, supported by resilient domestic demand, according to the Asian Development Bank (ADB) report on Monday.The subregional economy is projected to expand by 4.7% in 2026 and by 4.8% in 2027, although growth trends will vary significantly across individual economies.Indonesia's growth outlook is expected to strengthen on solid domestic demand, while Myanmar is projected to rebound from contraction in 2025 as reconstruction activity supports recovery.In contrast, growth in Malaysia, Thailand and Vietnam is expected to moderate due to weaker global trade conditions and fading export momentum, although technology-related exports are likely to provide some support.Meanwhile, the Philippines is projected to remain subdued, Cambodia may see slower growth in 2026 before recovering in 2027 alongside tourism recovery, while Timor-Leste is expected to remain stable before accelerating.Inflation in developing Southeast Asia is forecast to rise to 3.2% in 2026 from 2.3% in 2025, driven by stronger domestic demand and higher food and energy costs. Price pressures are expected to increase across most economies, particularly in Indonesia, the Philippines, Malaysia, Thailand, and Vietnam, amid higher oil prices and domestic adjustments.Inflation is expected to ease to 2.8% in 2027 as global commodity prices stabilize, with Myanmar projected to see softer price pressures due to improved transport conditions, currency strength, and better agricultural output, the report showed.

^HNX^HOSE^JKSEFTSE Bursa Malaysia KLCI^PSEI

Asia99d ago

Lunnon Metals Says Gold Structures Extend to Over 500 Meters at Western Australia Project

Lunnon Metals (ASX:LM8) said recent exploration results support key mineralized structures continuing at depth at its Lady Herial gold system in Western Australia, with the depth extent of the structures now at a significant plunge of more than 500 meters, according to a Monday Australian bourse filing.The company said the results highlight the potential for these structures to interact down-dip with the Foster underground nickel mine and other prospective gold host rocks within the St Ives camp, creating potential future synergies between gold and nickel underground at Foster and Lady Herial.The results also open up the opportunity for the Lady Herial gold system to interact with the Lunnon Sediment, the host rock to the Father's Day Vein at Beta/Hunt, a gold and nickel mine within the St Ives camp, the filing added.The company's shares fell 1% in recent Monday trade.

ASX:LM8

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