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China Longyuan Power's Output Slides 17% in March

China Longyuan Power (HKG:0916, SHE:001289) recorded power generation of nearly 6.3 million megawatt-hours in March, down 17% from a year prior, according to a Friday Hong Kong bourse filing.Of the total, wind power generation fell 25% year over year while solar power output jumped 37%.For the first quarter of 2026, power output fell 2.3% to a little over 19.8 million megawatt-hours. Of this, wind power output slipped 7.3% and solar power generation increased 33%.

HKG:0916SHE:001289

Treasury135d ago

Scotiabank Awaiting Friday's Labor Report in Canada

Canada delivers the March Labour Force Survey (LFS) at 8:30 a.m. ET on Friday, notes Scotiabank.A rebound of some magnitude is generally expected, it says, noting consensus sits at a 15,000 gain, with most forecasts in the 10,000 to 40,000 range.Scotiabank expects the unemployment rate to slip to 6.6% from 6.7%.As for drivers, Scotia notes there have been nine times when the monthly jobs tally fell by 70k or more and the next month was up five of those times. "So far that's not so compelling," it says, adding: "A weak base effect could drive a gain, but there is sampling persistence in the way the LFS rotates panels over six months by dropping and replacing one at a time."

$CXY

Asia135d ago

Be Friends Logs 1% Boost in Q1 Gross Merchandise Volume

New media company Be Friends (HKG:1450) recorded a gross merchandise volume of over 3.17 billion yuan in the first quarter of 2026, down 1% from a year prior, according to a Friday Hong Kong bourse filing.

HKG:1450

Equities135d ago

OMV Supervisory Board Committee Proposes New CEO

OMV (OMV.VI) said Friday that the presidential and nomination committee of the Austrian petrochemical company's supervisory board recommended the appointment of Emma Delaney as chief executive.Under the proposal, which is subject to the supervisory board's resolution, Delaney would take over the role on Sept. 1 for three years, with an option for another two years.

$OMV.VI

International135d ago

KOF Global Barometers Diverge in April

The KOF Swiss Economic Institute's global economic barometers diverged in April but remained slightly above the 100-point level, indicating continued "moderate" economic growth across the world, despite the uncertainties created by the US/Israel-Iran war.The coincident global barometer declined 0.2 point to 102.1 points, while the leading barometer rose 1.7 points to 102.9 points, according to a Friday release.The decrease in the coincident barometer was mainly due to negative contributions from Europe and the Asia, Pacific & Africa region. On the other hand, the increase in the leading barometer was largely attributed to positive contributions from the Western Hemisphere and the Asia, Pacific & Africa region.

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Asia135d ago

Shandong Hi-Speed's Output Climbs 14% in December

Shandong Hi-Speed New Energy Group (HKG:1250) recorded operating power generation of around 527,933 megawatt-hours in December 2025, up 14% from a year prior, according to a Friday Hong Kong bourse filing.For the year 2025, operating power output jumped 4.6% year over year to roughly 6.8 million megawatt-hours.

HKG:1250

Asia135d ago

China Zheshang Bank Names President, Chief Compliance Officer

China Zheshang Bank (HKG:2016, SHA:601916) said the appointment of Lyu Linhua as its president and chief compliance officer became effective Friday, according to a same-day Hong Kong bourse filing.The move came following the approval of the qualification of Lyu as president from the National Financial Regulatory Administration.

HKG:2016SHA:601916

Equities135d ago

Antwerp Port in Belgium Blocked by Oil Spill Near Exxon Mobil, TotalEnergies Refineries

Port of Antwerp in Belgium, which is home to European refineries operated by Exxon Mobil (XOM) and TotalEnergies (TTE), was blocked following an oil spill during a ship refueling operation, preventing large vessels from entering or leaving the port, the port authority said Friday.Exxon Mobil said its refinery operations were not impacted, with a nearby canal still available to move oil products by barge, according to Bloomberg.Exxon Mobil and TotalEnergies did not immediately respond to' request for comment.

$TTE$XOM

Asia135d ago

ICRA Affirms AA- Rating on Kalyan Jewellers' Bank Financing; Outlook Stable

ICRA affirmed its AA- long-term and A1+ short-term rating on Kalyan Jewellers' (NSE:KALYANKJIL, BOM:543278) bank financing, according to an Indian bourse filing on Friday.The rating outlook is stable, the filing said.

BOM:543278NSE:KALYANKJIL

Sectors135d ago

U.S. CPI and Canadian Jobs Data "Might Be Worth a Glimpse Or Two", Despite "Rather Bland" Market Tone, says Scotiabank

Iran headlines will continue to dominate market action, but U.S. CPI and Canadian jobs data "might be worth a glimpse or two" on Friday morning, despite the "rather bland" market tone going in to the releases, says Scotiabank in its morning note.Scotia notes Canada delivers the March jobs report at the same time as U.S. CPI (8.30am ET) and "might dirty the domestic waters somewhat". The bank says "rebound of some magnitude is generally expected" but suggests a "rebound, with an asterisk or several". Scotia notes consensus sits at 힙 with most in the 10-40k range except "one extreme outlier who's playing mere noise over any narrative". The high end has 40k, notes Scotia.

$CXY

Asia Markets135d ago

Emirati Stocks Close Higher Ahead of US-Iran Talks in Pakistan

Markets in the United Arab Emirates closed the last day of the trading week on a positive note, with investor sentiment buoyed by upcoming negotiations between the US and Iran in Pakistan over the weekend.At the close of trading, the FTSE ADX General Index was little changed at 0.021% in the green, while the DFM General Index added 0.382%."Peace talks between the US and Iran, mediated by the Pakistani prime minister, are scheduled to begin on Saturday, but tensions remain high due to disagreements over the agenda," Danske Bank said in a note. "Iran insists on its ten-point plan, which White House Press Secretary Karoline Leavitt claims President Trump 'literally threw in the garbage.' Further complicating the situation are disputes over whether the ceasefire terms should extend to Lebanon, after Israel's deadly attacks there on Wednesday."Still, oil prices climbed amid concerns over the fragile ceasefire deal, with Brent crude futures up 0.05% to $97.916 per barrel at 3:40 pm UAE time on Friday.Back at home, the UAE's Ministry of Defence confirmed in a Thursday statement that the country's airspace remained free of any air threats, with no ballistic and cruise missile attacks from Iran.Amid a quiet day on the corporate side, Emirates Insurance Co. (ADX:EIC) shares ended the session 2.63% lower after the insurer resumed trading on Friday. The resumption follows submission of the insurance company's annual general meeting results to the Abu Dhabi bourse, which included shareholder approval for a cash dividend of 0.6 Emirati dirham per share for 2025.Stocks of Dubai Islamic Insurance & Reinsurance (DFM:AMAN), d/b/a Aman, closed the session 0.58% in the red. The insurance company published an invitation for its annual general meeting on April 30, 2026, where it will seek approval for the nondistribution of dividends for 2025.

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Research135d ago

Roots Downgraded To Hold At TD

Roots Corp. (ROOT.TO) was downgraded to Hold from Buy at TD Securities Friday.Analyst Brian Morrison raised his price target on shares of the Canadian retailer to $4.25 from $4 following its quarterly results."Q4/F25 solid results were in line, a combination of new product, client favourites, and heightened marketing investment supporting strong DTC sales," Morrison said in a note to clients."While brand momentum is continuing into F2026, we believe the strategic review process is currently the key investor focal point," the analyst said."We believe there is a high probability for a potential monetization event, that we believe should support a valuation multiple toward the low end of its peer group," Morrison said."Given the recent share price appreciation approaching our view of 'fair value' we are lowering our recommendation to Hold."(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)

$ROOT.TO

Research135d ago

Scotiabank Downgrades TELUS to Sector Perform From Sector Outperform, Adjusts Price Target to CA$21.50 From CA$23

$TU

Asia135d ago

Sino Harbour's Chair Boost Shareholding

Sino Harbour's (HKG:1663) chairman and substantial shareholder, Wong Lam Ping, acquired nearly 3.5 million ordinary shares in the company on Friday, according to a same-day Hong Kong bourse filing.The shares were purchased from the open market for an average price of around HK$0.086 apiece.

HKG:1663

Research135d ago

Citigroup Downgrades Similarweb to Neutral From Buy, Adjusts PT to $3 From $8.50

Similarweb (SMWB) has an average rating of overweight and mean price target of $5.42, 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)

$SMWB

Research135d ago

JPMorgan Downgrades Nutanix to Neutral From Overweight, Adjusts PT to $44 From $55

Nutanix (NTNX) has an average rating of overweight and mean price target of $55.71, 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)

$NTNX

Research135d ago

Citigroup Downgrades Veeva Systems to Neutral From Buy, Adjusts Price Target to $176 From $291

Veeva Systems (VEEV) has an average rating of overweight and mean price target of $272.19, 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)

$VEEV

Asia135d ago

Livzon Pharmaceutical Gets China Nod for Trial of Helicobacter Pylori Drug

Livzon Pharmaceutical Group's (SHE:000513, HKG:1513) obtained approval to conduct a clinical trial of JP-1366 Tablet from China's National Medical Products Administration, according to a Friday Hong Kong bourse filing.The approval is for the indication of the combination of the drug with appropriate antibiotics for the eradication of Helicobacter pylori.

HKG:1513SHE:000513

Equities135d ago

Paramount Resources Acquires Additional Securities Of Canadian Premium Sand

Paramount Resources (POU.TO) said Friday that it has acquired additional securities of Canadian Premium Sand (CPS.V).Paramount said it acquired C$275,000 in principal amount of 12.0% secured convertible debentures of CPS as part of a private placement recently completed by CPS.The 2026 convertible debentures mature on Feb. 26, 2027, with a conversion price of $0.15 per share.Concurrently with the completion of the private placement, CPS also amended the terms of its outstanding 12.0% secured convertible debentures previously issued in February 2020 to reduce the conversion price thereof to $0.15 per share from $0.75 per share.Paramount would hold a total of 25,780,297 common shares, representing a 25.66% stake in CPS, following the conversion of all 2020 and 2026 convertible debentures held by the company.Prior to the transaction, Paramount held 17,946,964 common shares or a 19.38% interest in CPS.

$CPS.V$POU.TO

Japan135d ago

US Equity Futures Flat Pre-Bell as Fragile US-Iran Ceasefire Causes Wariness Among Traders

US equity futures were flat pre-bell on Friday as traders were wary of the fragile two-week ceasefire between the US and Iran.Dow Jones Industrial Average futures were flat, S&P 500 futures were up 0.1%, while Nasdaq futures were 0.2% higher.The Strait of Hormuz remains shut, while Israel continues to exchange fire with Hezbollah in Lebanon, even with the US-Iran talks scheduled on Saturday morning in Islamabad. Israel has said it would start talks with the Lebanese government targeting to disarm Hezbollah and end attacks in the nation.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.1% at $95.99 per barrel and US West Texas Intermediate crude 0.2% higher at $98.06 per barrel.The March consumer price index, scheduled for release at 8:30 am ET, is seen coming in at 0.9% for February, compared with 0.3% reading in January, according to estimates compiled by Bloomberg. Meanwhile, the University of Michigan consumer sentiment for April is expected at 51.5%, down from 53.3% previously, and the February factory orders release is seen coming at negative 0.2%, compared with 0.1% previously.The two reports are scheduled at 10 am ET.

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Asia Markets135d ago

Emirati Stocks Close Higher Ahead of US-Iran Talks in Pakistan

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