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Xinya Electronic Increases Investment in Thai Subsidiary

Xinya Electronic (SHA:605277) increased its investment in subsidiary Xinya Electronics (Thailand) by $10 million, according to a Tuesday filing with the Shanghai Stock Exchange.The $10 million investment will fund the subsidiary's land acquisition, factory construction, and equipment purchases, among others, Xinya said.

SHA:605277

Xinyaqiang Silicon Chemistry Reports H1 Sales Revenue of 305.4 Million Yuan; Shares Fall 6%

Xinyaqiang Silicon Chemistry (SHA:603155) posted first-half total sales revenue of 305.4 million yuan from 8,059 tons of products sold.Functional additives led with 274.1 million yuan in sales, while phenyl silane series contributed 31.3 million yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the chemical company were down 6% in recent trade.

SHA:603155

Spanish Jobless Rate Falls to 9.87% in Q2

Spain's unemployment rate dropped to 9.87% in the second quarter from 10.83% in the prior three-month period, the National Statistics Institute said Tuesday.Analysts expected the jobless rate to be 10.1% during the quarter.

Spanish Monthly Retail Sales Rise 0.3% in June

Spain's seasonally and calendar-adjusted retail sales gained 0.3% month over month in June, after the 0.6% uptick in the previous month, the National Statistics Institute said Tuesday.On a yearly basis, retail sales were 0.5% higher, compared with the 1.3% growth earlier.

^BSE^HNX^HOSE^JKSENifty 50

Asian Emerging Markets Resilient Amid Geopolitical Risks, S&P Says

Asia's emerging markets (EMs) have shown strength despite facing geopolitical volatility, S&P Global Ratings said in a Tuesday release.Growth in these markets should gain support from strong demographics, more active financing, and increased productivity, S&P said.Access to diversified and cost-effective financing markets will be essential for EMs, given that the scale of investments requires funding beyond public balance sheets, S&P's global head of emerging market development Guy Deslondes said.EMs will make up nearly 65% of global growth until 2035, with Vietnam, India, and Indonesia posting the most notable growth rates, the rating agency said.However, EMs also need to take steps to bridge the per capita income gap with advanced economies, including a faster pace of productivity gains and leveraging their demographic advantages, S&P said.

Market Chatter: Tata Power Targets First Private Nuclear Plant by 2032

Tata Power (BOM:500400, NSE:TATAPOWER) expects to commission its first nuclear power plant by 2032 or 2033, Chief Executive Officer Praveer Sinha told Bloomberg Television on Tuesday.The company aims to begin construction in early 2028, subject to the government finalizing the regulatory framework governing private participation in nuclear power, according to the report.Sinha reportedly expects the approval process to take about 12 to 14 months.Tata Power has identified potential project sites in Madhya Pradesh, Odisha and Gujarat, with geotechnical studies already underway, Bloomberg said.Tata Power did not immediately respond to' request 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.)

BOM:500400NSE:TATAPOWER

Jefferies Adjusts Z.AI's Price Target to HK$1,299.80 From HK$912.55, Keeps at Hold

Z.AI (HKG:2513) has an average rating of buy and mean price target of HK$1,681.97, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

HKG:2513

Jefferies Adjusts Raffles Medical Group's Price Target to SG$1.10 From SG$1.30, Keeps at Buy

Raffles Medical Group (SGX:BSL) has an average rating of overweight and mean price target of SG$1.07, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SGX:BSL

VPower Group's CEO Steps Down, Successor Named; Shares Slide 7%

VPower Group International's (HKG:1608) Group CEO Lam Yee Chun stepped down effective Tuesday due to changes in his work arrangement, according to a Monday Hong Kong bourse filing.Shares of the distributed power provider were down over 7% in Tuesday afternoon trading.The company named Wang Jiachang as its new CEO effective the same day.Wang was appointed general manager of China National Technical Import & Export Corporation, the company's controlling shareholder, in April.

HKG:1608

Juss Sports and Entertainment's Vice Chairman Resigns; Shares Down 4%

Shanghai Juss Sports and Entertainment Group (SHA:600676), formerly Shanghai Jiao Yun Group, said Vice Chairman Zhang Zheng resigned due to a work reassignment, according to a Tuesday filing with the Shanghai Stock Exchange.The sports product supplier has yet to name Zhang's successor.The company's shares dropped 4% during the afternoon trade.

SHA:600676

French Household Confidence Improves in July

France's household confidence indicator rose to 86 points in July from 84 points in June, according to data from the national statistics agency Insee published Tuesday.Analysts expected 85 points for the month.The indicator remains below the long-term average of 100 points.

Zhejiang Zhongjian Technology Subsidiary to Get 10 Million Yuan Capital Injection from Employee Stock Ownership Platform; Shares Fall 4%

Zhejiang Zhongjian Technology (SHE:002779) subsidiary Shanghai Huazhijian Technology will receive 10 million yuan in capital injection from employee stock ownership platform Longxiang Zhichuang (Shanghai) Enterprise Management Partnership, according to a Tuesday disclosure to the Shenzhen Stock Exchange.Following the capital injection, Huazhijian's registered capital will rise to 70 million yuan from 60 million yuan.Upon completion of the capital increase, Longxiang Zhichuang will have a 14.2857% stake in the subsidiary, while the listed company's stockholding in Huazhijian will fall to 51% from 59.5%.Shares slipped 4% during afternoon trading on Tuesday.

SHE:002779

Treasury8d ago

Saudi Energy Secures SAR15.8 Billion Murabaha Financing Facility

Tadawul-listed electricity supplier Saudi Energy (SASE:5110) obtained a 15.80 billion-Saudi-riyal Shariah-compliant Murabaha financing facility from a syndicate of banks.The seven-year financing will be earmarked for general corporate purposes, according to a Tuesday release.The financing banks include Saudi National Bank, Al Rajhi Banking and Investment Corp., Saudi Awwal Bank, Banque Saudi Fransi, Arab National Bank, Riyad Bank, and the Saudi Investment Bank.

SASE:5110

Larsen & Toubro, Hitachi Energy Secure Four Offshore Wind Projects Under TenneT Framework

Larsen & Toubro (NSE:LT, BOM:500510) has signed a framework cooperation agreement with Dutch transmission system operator TenneT for four offshore wind projects under the Dutch grid operator's 2 GW high-voltage direct current (HVDC) program.The agreement, executed through L&T's consortium with Hitachi Energy, includes two ongoing projects in the Netherlands, IJmuiden Ver Alpha and Nederwiek 1, and two new projects, Nederwiek 3 in the Netherlands and LanWin 5 in Germany. It also covers future opportunities under the program, according to a Tuesday filing on Indian bourses.

BOM:500510NSE:LT

Market Chatter: Nvidia Employee Detained by Taiwan in Chip Smuggling Probe

Taiwanese prosecutors have detained an Nvidia employee as part of an investigation into the alleged smuggling of AI chips into China, Bloomberg News reported Tuesday, citing people familiar with the matter.Authorities searched the employee's home and desk at Nvidia's Taipei office, according to the report.The investigation marks the first known instance of Taiwanese authorities taking legal action against an Nvidia employee, Bloomberg reported.Nvidia didn't immediately respond to' request 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.)

Taiwan Weighted

Shyam Metalics and Energy's Unit Commissions Power Plant Project for Captive Consumption

Shyam Metalics and Energy's (NSE:SHYAMMETL, BOM:543299) unit Shyam Sel and Power successfully commissioned an 8.90 MWp solar power project at its manufacturing plant in Jamuria, West Bengal.The project is for captive consumption to optimize operational power costs and support green energy integration, according to an Indian bourse filing on Tuesday.The project will integrate CAPEX and OPEX models, with the two having an installed capacity of 4.60 MWp and 4.30 MWp, respectively.

BOM:543299NSE:SHYAMMETL

Sino Medical Sciences Technology Gets Vietnam Approval for Coronary Balloon Catheter

Sino Medical Sciences Technology (SHA:688108) obtained registration from Vietnam's health ministry for its self-developed coronary nubby balloon dilatation catheter, Tradent.This followed approvals in Thailand and South Korea in 2025 and China in 2023, according to a Tuesday filing with the Shanghai bourse.Shares of the medical device maker were down 1% in recent trade.

SHA:688108

The Awa Bank Raises H1 Earnings Forecast

The Awa Bank (TYO:8388) has revised its forecast for first-half profit attributable to owners of the company to 10.1 billion yen, up 7.4% from 9.4 billion yen, according to a Tokyo bourse filing on Tuesday.The Tokyo-listed bank now expects basic earnings per share of 259.78 yen, up from 241.79 yen for the six months ending Sept. 30.The revision was due to recent operating trends.

TYO:8388

Ifo: German Export Outlook Ticks Up in July

Export expectations in Germany marginally improved in July, even as the industry continues to struggle with gaining momentum, the ifo Institute said Tuesday.The ifo export expectations edged up to -3.3 points in July, from -3.6 points in June, with electrical equipment, beverage, mechanical engineering, and food manufacturers anticipating international sales growth.Conversely, metal, electronic, and optical manufacturers expect exports to decline, while the automotive industry remains in negative territory despite a rise in export expectations.