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AIMS APAC REIT's DPU Up 2.5% in Fiscal Q1

AIMS APAC REIT's (SGX:O5RU) distribution per unit or DPU rose 2.5% during the fiscal first quarter ended June 30 to SG$0.02337 from SG$0.02280 a year earlier, according to a Thursday filing with the Singapore Exchange.Distribution to unitholders was up 3.4% to SG$19.3 million from SG$18.6 million in the prior period.Net property income jumped 12.5% to SG$38.4 million from SG$34.1 million in the year-ago period.Gross revenue was up 6.6% year over year to SG$50.6 million from SG$47.4 million.Portfolio occupancy increased to 96.1%, backed by positive rental reversions of 6.5%.

SGX:O5RU

International14d ago

UAE Central Bank Keeps Base Rate at 3.65% in July

The Central Bank of the United Arab Emirates on Wednesday maintained the base rate applicable to the overnight deposit facility at 3.65%.Meanwhile, the interest rate applicable to borrowing short-term liquidity was kept at 50 basis points above the base rate for all standing credit facilities.The CBUAE's decision follows the US Federal Reserve's move to maintain the interest rate on reserve balances.

^DFMGI^FADGI

Asia14d ago

Worley Secures EPFC Contract for Pembina's Canada Plant

Worley (ASX:WOR) secured a contract from Pembina Infrastructure and Logistics to provide engineering, procurement, fabrication and construction (EPFC) services for the Heartland Extraction Plant in Strathcona County, Alberta, Canada, according to a Thursday Australian bourse filing.The facility is designed to process up to 21.2 million standard cubic meters of natural gas per day, extracting natural gas liquids from the Yellowhead Pipeline, with operations scheduled to begin in late 2029, per the filing.The project will be executed by an integrated EPFC team from the company's Alberta offices, the filing added.The company's shares fell almost 1% in recent Thursday trade.

ASX:WOR

Asia14d ago

Cauldron Energy Says Cash Reserves Fall Sequentially in June Quarter

Cauldron Energy (ASX:CXU) said it had cash reserves of around AU$3.7 million as of June 30, compared with around AU$3.9 million as of March 31, according to a Thursday Australian bourse filing.It had cash on bank of AU$3.7 million as of June 30, per the filing.

ASX:CXU

Asia14d ago

Metal Powder Works Receives Purchase Order From Pennsylvania-Based Company; Shares Up 8%

Metal Powder Works (ASX:MPW) received an initial scale-up production purchase order for pure copper powder from Pennsylvania-based Advantage Metal Powders, according to a Thursday filing with the Australian bourse.Fulfilment of the order will form the basis for both parties to assess a long-term supply arrangement from the first half of 2027, the filing said.Financial terms of the transaction were not disclosed.Metal Powder Works shares rose 8% in midday trade Thursday.

ASX:MPW

Asia14d ago

Far East Hospitality Trust's Core DPS Up 7.9% in H1

Far East Hospitality Trust's (SGX:Q5T) core distribution per stapled security or DPS was up 7.9% during the first half of the year to SG$0.0163 from SG$0.0151 a year earlier, according to a Thursday filing with the Singapore Exchange.Income available for distribution jumped 8.9% to SG$33.7 million from SG$30.9 million in the prior period.Net property income edged down 0.6% to SG$45.4 million from SG$45.6 million.Gross revenue rose 4.3% year over year to SG$53.8 million from SG$51.6million.

SGX:Q5T

International14d ago

Total Dwellings Approved in Australia Rise in June

The number of total dwellings approved in Australia in seasonally adjusted terms recorded an increase of 7.2% month on month to 18,328 in June and 8.9% year on year, according to figures from the Australian Bureau of Statistics released on Thursday.The number of total dwellings approved in June 2025 was 17,076, an earlier release showed.Approvals for total dwellings showed mixed results in different states in June, with increases in Queensland, New South Wales, and Western Australia, whereas decreases were noted in Tasmania, Victoria, and South Australia.Private sector houses increased by 0.4% to 10,631 units in June after rising 2.4% in May, while private sector dwellings, excluding houses, saw a rise of almost 18% to 7,138 units after an 11% fall in May.Total residential building value grew past 15% to AU$11.75 billion, while total non-residential building value decreased by about 25% to AU$8.26 billion.

ASX 200

Treasury14d ago

Everbright Securities Renews $1 Billion Offshore Medium-Term Note Program

Everbright Securities (SHA:601788, HKG:6178) secured the renewal and listing of wholly-owned subsidiary Everbright Securities International's offshore medium-term note program on the Hong Kong bourse, effective Thursday.The renewed program, originally established in 2018 with a $1 billion limit, allows the issue of notes to professional investors over a 12-month period based on market conditions, according to a Thursday filing with the Shanghai bourse.

HKG:6178SHA:601788

Asia14d ago

Market Chatter: US Senators Ask Apple to Stop Buying Chips from Blacklisted China Firms

A bipartisan group of U.S. senators called on Apple to not purchase chips from blacklisted China-based semiconductor manufacturers and reduce dependence on Chinese supplies, Bloomberg reported Thursday, citing a letter.The letter, written by Republican Jim Banks of Indiana and Democrat Chuck Schumer of New York, called on Apple CEO Tim Cook to stop using parts from ChangXin Memory Technologies (SHA:688825) or CXMT and Yangtze Memory Technologies even if the products are meant for export to China, the report said.The senators said CXMT and YMTC are part of a list of Chinese companies said to support the People's Liberation Army, according to the report.Apple, CXMT, and YMTC did not immediately respond to requests 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.)

Shanghai Composite^SZSESHA:688825

International14d ago

Hong Kong Leaves Base Rate Unchanged

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged at 4%, in line with the U.S. Federal Reserve's decision to hold its benchmark rate steady, according to a Thursday statement.The Fed maintained its target range for the federal funds rate at 3.5% to 3.75% following its latest Federal Open Market Committee meeting.The HKMA noted that future U.S. interest rate moves will depend on inflation, labor market conditions and other economic data. It urged the public to carefully manage interest rate risks when making property purchase, investment or borrowing decisions.

Hang Seng

Asia14d ago

ASX Midday Sector Update: Information Technology Stocks Advance, Real Estate Sector Struggles

Information technology stocks advanced nearly 1% at midday Thursday.Xero (ASX:XRO) inched up in recent trade.Meanwhile, the real estate sector struggled, shedding more than 1%.Goodman Group (ASX:GMG) shares were down in recent trade.

ASX 200ASX:GMGASX:XRO

International14d ago

ANZ New Zealand Business Outlook Rises in July

The ANZ New Zealand Business Outlook rose to a net 56.1 in July, up from 36.6 in June, while expected own activity rose to 49.3 from 36.9, according to a report from ANZ Research published Thursday.Economy-wide reported past activity inched up 1 point to 10, while one-year-ahead inflation expectations fell to 3.1% from 3.4%.The net percent of firms expecting to raise prices in the next three months fell to 47%, and the firms expecting cost increases fell to 78%.ANZ Research said this month's data points to growing optimism across New Zealand's economy, with business confidence and firms' own-activity expectations remaining at historically strong levels despite mixed sector performance.However, forward-looking activity indicators softened later in July following the Reserve Bank of New Zealand's (RBNZ) rate hike and volatile oil prices, even as overall business confidence and firms' own-activity expectations remained robust.Firms' wage intentions remained broadly unchanged, but continue to run slightly above the RBNZ's forecasts, signaling persistent medium-term inflation pressures despite limited movement in the latest indicators.ANZ noted that heightened geopolitical uncertainty and volatile oil prices highlight the need to closely monitor business confidence, with the economic outlook depending on whether firms and households keep investing and spending or retreat into survival mode.

^NZ50

Asia14d ago

Samsung SDS Q2 Net Income Climbs 5%

Samsung SDS (KRX:018260) reported a 5% year-over-year increase in second-quarter net income attributable to shareholders to 179.1 billion won from 170.6 billion won.The IT services provider's revenue rose 5.9% to 3.718 trillion won from 3.512 trillion won in the three months ended June 30, according to a Thursday filing with the Korea Exchange.For the first half, net income attributable to shareholders fell 29% to 271.4 billion won from 382.1 billion won a year earlier, while revenue edged up 1% to 7.071 trillion won.

KRX:018260

Asia14d ago

OCBC Rolls Out AI Platform to Cut Onboarding Time for Wealthy Clients

Oversea-Chinese Banking (SGX:O39) has rolled out an agentic AI platform named HELIOS aimed at cutting the time for opening new accounts for wealthy clients down to 15 business days from an industry average of six weeks, according to a press statement on Wednesday.HELIOS deploys extensive intelligence-gathering and relationship-network mapping capabilities to increase the accuracy and completeness of customer information needed for onboarding, the release said.By automating the collection, verification, and assessment of key data, a large part of the know-your-customer (KYC) due diligence process is completed much faster, which streamlines and speeds up onboarding, according to the release.Bank of Singapore, the private banking unit of OCBC, has begun using HELIOS throughout Singapore, Hong Kong and Dubai, with the roll-out to be completed by the third quarter of 2026. It will be extended to the OCBC Premier Private Client customer segment in the consumer banking business by the end of the year.The launch comes close on the heels of the Monetary Authority of Singapore saying it is working with the private banking industry to reduce the account opening timeline to within one month by the end of 2026.

SGX:O39

Asia14d ago

Shenwan Hongyuan Redeems 4.20 Billion Yuan Bonds

Shenwan Hongyuan Group (SHE:000166, HKG:6806) completed the principal and interest payment for 4.2 billion yuan in bonds on Tuesday, according to a Thursday filing with the Shenzhen Stock Exchange.The five-year bonds, originally issued in July 2021, carried a coupon rate of 3.38%.

HKG:6806SHE:000166

Asia14d ago

CSPC Pharmaceutical Starts Phase 2 Trial of Hypertension Drug

CSPC Pharmaceutical (HKG:1093) has initiated the first China study site for a Phase 2 clinical trial of SYH2062 injection for the treatment of adult essential hypertension, according to a Wednesday Hong Kong bourse filing.The multicenter, randomized, double-blind, placebo-controlled study will assess the efficacy and safety of the RNA interference therapy in patients with mild-to-moderate essential hypertension.Patient recruitment and screening are underway, according to the filing.

HKG:1093

Asia14d ago

Singapore Telecommunications Confirms Talks on Optus Stake Sale

Singapore Telecommunications (SGX:Z74) said Thursday that it is in discussions with interested parties regarding a possible stake sale in its wholly-owned private subsidiary Optus.The telecommunications giant said that there was no certainty that a transaction would take place and it would disclose any material developments if necessary, according to the Thursday filing with the Singapore Exchange.Shares of Singapore Telecommunications added over 1% in recent trade.

SGX:Z74

Asia14d ago

Kingsgate Consolidated Achieves Fiscal 2026 Production Guidance; Shares Down 3%

Kingsgate Consolidated (ASX:KCN) achieved its fiscal 2026 production guidance with 86,078 ounces of gold and 766,009 ounces of silver for total output of 97,159 gold-equivalent ounces, according to a Thursday filing with the Australian bourse.The company's Chatree mine in Thailand produced 20,163 ounces of gold and 220,078 ounces of silver in the June quarter, per the filing.Kingsgate reported June quarter gold sales of 19,290 ounces and silver sales of 199,625 ounces.The company ended the June quarter with available cash and bullion of AU$153.1 million. It attributed the AU$37.2 million reduction from the previous quarter mainly to the deployment of capital across several value-accretive initiatives.Kingsgate Consolidated shares fell nearly 3% in recent Thursday trade.

ASX:KCN

Treasury14d ago

Jiangxi Copper Raises 2.5 Billion Yuan in Two-Tranche Bond Offering

Jiangxi Copper (SHA:600362, HKG:0358) raised 2.5 billion yuan via the issue of two tranches of medium-term bonds, according to a Thursday filing with the Shanghai bourse.The copper miner issued 900 million yuan of 10-year bonds with a 2.20% coupon and 1.6 billion yuan of 15-year bonds with a 2.40% coupon.China Merchants Bank served as lead underwriter, with China Merchants Securities and Industrial Bank as joint lead underwriters.

HKG:0358SHA:600362

Asia14d ago

Singapore Unveils SG$900 Million Support Package for Businesses, Households Amid Iran War Pressure

The Singapore government has rolled out a second support package of around SG$900 million to help people and businesses manage cost pressures caused by the Middle East crisis, according to an official statement on Wednesday.The new packpage adds to the first round launched in April, which takes the total support to around $2 billion, besides the support measures announced at Budget 2026, the Ministry ⁠of Finance said.Among other measures, households will receive vouchers and utilities rebates while stallholders in market and hawker centres will get rental support, while small and medium-sized enterprises will receive a grant of SG$500 per local employee, up to a cap of SG$2,500 per company.Also, all Singaporean households will receive an additional SG$300 in Community Development Council (CDC) vouchers in January 2027, which will be valid till the end of the year.To support lower-income households, the government said it will exercise greater flexibility in income eligibility criteria, which is currently SG$800 per month per capita household income, and increase assistance to at least SG$250 per month. These enhancements will take effect from August to December.

^STI

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