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Nomura Holdings Q1 Net Income Jumps; Revenue Rises

Nomura Holdings (TYO:8604) posted a 39% year-over-year surge in net income attributable to shareholders for the fiscal first quarter to 145.6 billion yen from 104.6 billion yen.The financial holding company's earnings per share were 48.34 yen, compared with 34.04 yen a year earlier, according to a Tokyo Stock Exchange filing on Wednesday.Total revenue rose 19% to 1.372 trillion yen for the three months ended June from 1.157 trillion for the three months ended June 30.Nomura does not provide earnings and dividend forecasts due to uncertainties in global capital market conditions.

TYO:8604

Asia13d ago

Makita's Profit Climbs 19% in Fiscal Q1

Makita's (TYO:6586) profit attributable to owners of the parent climbed 19% to 22.9 billion yen for the fiscal first quarter from 19.3 billion yen a year earlier.The power tools manufacturer's basic earnings per share rose to 88.70 yen from 72.07 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue rose 10.7% to 206.6 billion yen for the three months ended June 30 from 186.6 billion yen.For the fiscal year ending March 31, 2027, the company expects attributable profit of 81 billion yen, basic EPS of 314.22 yen, and revenue of 820 billion yen.The company expects to pay an interim dividend of 20 yen per share for the current fiscal year.Shares of Makita rose nearly 4% at market close.

TYO:6586

Asia13d ago

Jardine Matheson Repurchases More Shares

Jardine Matheson (SGX:J36) bought back 12,000 common shares on Wednesday at $65.78 each, according to a same-day filing on the Singapore stock exchange.The repurchased shares will be cancelled.As of July 1, JMH's issued share capital consists of around 294 million ordinary shares with voting rights of one vote per share.

SGX:J36

Research13d ago

Arete Upgrades Texas Instruments to Buy From Neutral, Adjusts Price Target to $405 From $303

Texas Instruments (TXN) has an average rating of overweight and mean price target of $325.38, 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)

$TXN

Mining & Metals13d ago

Allied Properties REIT Reports Decrease in Adjusted Funds from Operations YoY

Allied Properties Real Estate Investment Trust (AP-UN.TO) reported adjusted funds from operations of C$33.3 million, or C$0.17 per unit, down from C$63.7 million, or C$0.46 per unit, in the year-ago quarter.Analysts polled by FactSet expected C$0.20.Rental revenue was C$140.5 million, down from C$145.0 million.Analysts expected C$132.4 million, with three analysts reporting.

$AP-UN.TO

Mining & Metals13d ago

Earnings Flash (HBM) Hudbay Minerals Reports Q2 Revenue $631.3M, vs. FactSet Est of $632.4M

$HBM

Mining & Metals13d ago

Earnings Flash (HBM) Hudbay Minerals Posts Q2 Adjusted EPS $0.28 vs. FactSet Est of $0.26

$HBM

Asia13d ago

Guofeng New Materials' Unit Agrees to Receive 35 Million Yuan in Relocation Compensation

Anhui Guofeng New Materials' (SHE:000859) unit, Wuhu Guofeng Plastics Technology, agreed to receive relocation compensation worth 34.9 million yuan for land assets in China's Wuhu Economic and Technological Development Zone, according to a Shenzhen bourse filing on Wednesday.The development zone's management committee plans to recover the state-owned land and property within the area as part of overall planning and industrial development needs.The first installment will be paid by Dec. 30 this year and the remaining compensation will be fully paid by Dec. 30, 2027.The company's shares dropped 7% at the close.

SHE:000859

Treasury13d ago

Horizon Robotics Sells $450 Million Convertible Bonds

Horizon Robotics (HKG:9660) completed the issue of $450 million of convertible bonds on Wednesday, according to a same-day Hong Kong bourse filing.The zero coupon convertible bonds due to mature in 2027 are expected to start trading on the Vienna bourse on or around Thursday, July 30.The company also obtained approval for the listing of the conversion shares on the Hong Kong bourse.

HKG:9660

Asia13d ago

Zhejiang Huatie Emergency Equipment Faces China Administrative Penalties for Information Disclosure Violations

China's securities regulator penalized Zhejiang Huatie Emergency Equipment Science & Technology (SHA:603300) and its officials for information disclosure violations, according to a Wednesday filing with the Shanghai bourse.The administrative penalty stems from the failure of subsidiary Hainan Huatie Bumblebee Construction Machinery Equipment to deliver on a computing power service contract for 3.69 billion yuan.The subsidiary signed two extension agreements to move the deadline but failed to disclose the contract extension to regulators, the company said in its filing.

SHA:603300

Commodities13d ago

Market Chatter: Chinese Market Regulator to Meet Solar Industry as Competition Drives Losses

The Chinese market regulator will meet with representatives of the country's gargantuan solar industry on July 31 to offer guidance on compliance over pricing and cost-accounting standards, Chinese publication Cailianshe reported Wednesday.The purpose of the meeting is to restrict what authorities say is irrational competition among sector players, with excess capacity having led to a lengthy price war, the article said.The State Administration for Market Regulation is looking to rein in competition after price wars have pushed some manufacturers into losses, but the fundamental issue of surplus capacity remains, Reuters said.Results guidance issued by companies in the sector earlier this month suggests some major players will post even deeper losses for the first half of 2026, into the billions of yuan, according to the article.could not reach out to the Chinese government agency for a 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.)

Oil & Energy13d ago

Spain Secures EU Approval for Fuel Aid Scheme

The European Commission approved on Wednesday a 402 million euro ($458 million) Spanish state aid scheme designed to support road transport companies grappling with soaring fuel prices stemming from the Middle East crisis.Cleared under the Middle East Crisis Temporary State Aid Framework adopted by the Commission on April 29, the package provides vital financial cushioning for logistics and transport operators navigating extreme energy market volatility.The state aid will be administered through direct grants tailored to different categories of operators.For businesses already qualified under Spain's professional diesel tax refund scheme, the grants can cover up to 70% of additional fuel costs incurred between March 1 and June 30, the commission said.For companies ineligible for that specific tax relief, assistance is either capped at 50,000 euros per enterprise or extends coverage for up to 70% of incremental fuel expenses incurred through December 31, it stated.

Asia13d ago

Hongkong Land Buys Back More Shares

Hongkong Land (SGX:H78) bought back 145,800 shares on Tuesday at a weighted average price of $7.8612 apiece.The real estate developer will cancel the repurchased shares, according to a Singapore bourse filing on Wednesday.

SGX:H78

Asia13d ago

Oxley Holdings Braces for Loss in Fiscal 2026

Oxley Holdings (SGX:5UX) is expecting to book a loss after taxation for the fiscal year ended June 30, according to a Wednesday filing with the Singapore Exchange.The real estate developer has attributed this to impairment losses recognized on certain assets and fair value adjustments.The company will release its financial results on or before Aug.29.

SGX:5UX

Equities13d ago

Earnings Flash (CVE) Cenovus Energy Posts Q2 Revenue CA$17.4B, vs. FactSet Est of CA$16.87B

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Sectors13d ago

Commerzbank Says Oil Rises After End in Middle East Fighting Pause, Treasuries Pare Earlier Losses

Brent crude rose on Iran-related news but remained below $88 a barrel on weakening sentiment as a return to military attacks between the US and Iran ends a brief lull in the fighting, according to Commerzbank Research in a note.Treasuries opened lower in Asia on Iran strike news, then stabilised, said Commerzbank.The US said it intercepted all missiles in what it described as a surprise Iranian attack on its bases in Jordan. The US and Saudi Arabia launched joint retaliatory strikes on Iran-backed targets in eastern Iraq, according to the bank.Iran denied seeking talks with the US over the past 16-17 days, added the US naval blockade wouldn't force negotiations, and it rejected Oman's proposed Strait of Hormuz shipping route, while insisting on full control of inbound traffic.US equity futures trade lower, while Asian equities were broadly weaker, led by Japan's Nikkei and South Korea's Kospi, said Commerzbank. The euro rises to $1.14.In Europe, German Prime Minister Friedrich Merz rejects the EU budget proposal and calls for a compromise by year-end. Britain's new Prime Minister Andy Burnham faces a 24 billion pounds shortfall in spending plans due to inflation, wrote The Times.

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Mining & Metals13d ago

Earnings Flash (CVE.TO) Cenovus Energy Posts Q2 Adjusted Funds Flow C$2.66 Per Share

$CVE.TO

Equities13d ago

Earnings Flash (CVE) Cenovus Energy Posts Q2 EPS CA$1.53, vs. FactSet Est of CA$1.64

$CVE

Asia13d ago

COSCO SHIPPING International (Singapore) Forecasts 'Significant' Increase in H1 Attributable Profit

COSCO SHIPPING International (Singapore) (SGX:F83) expects a "significant increase" in its net profit attributable to equity holders during the first half of the year, compared to a year earlier, according to a Wednesday filing with the Singapore Exchange.The integrated logistics provider has attributed this to increased gross profit, sundry income and decrease in interest expenses.The company will release its financial findings not later than Aug. 12, the filing added.

SGX:F83

Asia13d ago

Fosun International Forecasts Up to 172% Surge in H1 Profit

Fosun International (HKG:0656) expects an attributable profit of between 1.5 billion yuan and 1.8 billion yuan for the first half of 2026, up 127% to 172% from 660 million a year prior.The conglomerate attributed the forecast to strong resilience by its core industries, a boost in operating quality, and a significantly higher profit from industrial operations, according to a Wednesday Hong Kong bourse filing.

HKG:0656

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