Financial News · Live Terminal

Page 465 of 3646

Chengtun Mining H1 Profit Up 71%; Shares Fall 5%

Chengtun Mining (SHA:600711) posted first-half attributable net profit of 1.80 billion yuan, up 71% from 1.05 billion yuan the previous year.Earnings per share rose year over year to 0.595 yuan from 0.341 yuan, according to a filing with the Shanghai bourse.Operating revenue climbed 40% to 19.3 billion yuan from 13.8 billion yuan.Shares of the miner fell 5% in recent trade.

SHA:600711

Asia14d ago

AwanBiru Technology, Malaysia's NACSA's Cybersecurity MOU Expires

AwanBiru Technology (KLSE:AWANTEC) said a memorandum of understanding between its unit, Awantec Systems, and Malaysia's National Cyber Security Agency (NACSA) has expired, according to a Wednesday Malaysian bourse filing.The two-year MOU, which took effect on July 30, 2024, ceased to have effect on July 29, 2026.The agreement aimed to promote cooperation in cybersecurity technology, services and talent development.The company said the expiry of the MOU is not expected to have any material financial impact on the group.

KLSE:AWANTEC

Asia14d ago

Chengtun Mining Raises Budget for Daily Related-Party Transactions for 2026; Shares Slide 5%

Chengtun Mining (SHA:600711) will increase its allocation for daily related-party transactions for 2026 to 489.2 million yuan, according to a Thursday disclosure to the Shanghai Stock Exchange.The miner allocated an additional 411.5 million yuan, comprising 342 million yuan for product sales to Sichuan Langsheng New Material Technology and Sichuan Zhiyuan Lithium Industry and 69.5 million yuan for the purchase of products and services from Sichuan Saifuxun Energy Storage Technology.Shares slipped 5% during the midday break on Thursday.

SHA:600711

Asia14d ago

Sun Pharma Gets Brazil Approval for Semaglutide Injection

Sun Pharmaceutical Industries (NSE:SUNPHARMA, BOM:524715) has received approval from Brazil's health regulator, ANVISA, to manufacture and market semaglutide injection for adults with inadequately controlled type 2 diabetes, according to a Wednesday filing on Indian bourses.The company plans to launch the product in Brazil in the coming days through a partnership with Hypera Pharma. The treatment will be available as a pre-filled, multi-dose injectable pen in two strengths with once-weekly dosing.Shares of the pharmaceutical company rose nearly 1% in morning trade on Thursday.

BOM:524715NSE:SUNPHARMA

Asia14d ago

LG Uplus to Invest 1.35 Trillion Won in AI Data Center Facility Expansion in South Korea

LG Uplus (KRX:032640) will invest 1.348 trillion won to build phase two of its new artificial intelligence data center facility in Paju, South Korea, according to a Thursday filing with the Korea Exchange.The telecommunications operator said the investment represents 14.88% of its equity capital and will accommodate growing customer demand.The construction of the new facility is scheduled to start on Aug. 1, with completion expected by Nov. 30, 2028.

KRX:032640

Asia14d ago

ANA Holdings' All Nippon Airways, IBEX Airlines Sign ACMI Agreements

ANA Holdings (TYO:9202) subsidiary All Nippon Airways and IBEX Airlines have signed a partnership regarding aircraft, crew, maintenance and insurance (ACMI) agreements for ANA flights, according to a Wednesday release.Under the agreement, the two companies will develop the current codeshare arrangement and launch ACMI operations for ANA flights.ANA will be the marketing carrier, handling route planning and sales, while IBEX will be the operating carrier tasked with flight operations.Both companies will use the Embraer E190-E2 aircraft as their operational fleet.The parties plan for operations to start in fiscal 2029, subject to approval by relevant authorities.Shares of ANA Holdings were down 3% in recent trade.

TYO:9202

International14d ago

Hong Kong Private Home Prices Rise for 13th Straight Month in June

Private home prices in Hong Kong extended their gains for a 13th consecutive month in June, though the pace of growth eased to 0.3%, provisional data from the Rating and Valuation Department showed on Wednesday.The overall private domestic price index rose to 323.2 in June from a revised 322.2 in May. The increase followed a revised 1.5% monthly gain in May.Prices have climbed 7.9% in the first six months of the year, reaching their highest level since September 2023.

Hang Seng

Equities14d ago

Adnoc Drilling Books Higher H1 Attributable Profit, Revenue

Adnoc Drilling (ADX:ADNOCDRILL) said Thursday its attributable profit and revenue in the first half rose year over year.Profit attributable to owners for the six months ended June 30 was $701.9 million, compared with $691.9 million a year ago. EPS moved to $0.0439 from $0.0433.The Abu Dhabi-listed offshore drilling company's revenue was $2.46 billion, compared with $2.37 billion earlier.Meanwhile, the board approved a cash dividend of 0.06 dirham per share for the second quarter, which is expected to be paid in the second half of August to shareholders on record Aug. 10. It paid 0.05 dirham a year ago.For the full year 2026, the group reaffirmed its guidance for revenue of $5 billion and net profit between $1.45 billion and $1.50 billion.

ADX:ADNOCDRILL

Equities14d ago

Market Chatter: Shell, Phillips 66 Enlist Bankers for US Pipeline Stakes Sale

Shell (SHEL.L, SHELL.AS) and Phillips 66 enlisted bankers for the potential sale of their stakes in the Explorer pipeline in the US, Reuters reported Wednesday, citing people familiar with the matter.The energy companies have enlisted investment bankers from Greenhill and RBC Capital Markets for the potential sale, according to the report. The potential deal could value Explorer at $3.5 billion, according to the people.Shell and Phillips 66 hold a combined 61% stake in the pipeline's owner. The pipeline transports gasoline, jet fuel and other fuel products from Texas through the US Midwest.Shell, Phillips 66 and Explorer did not immediately respond to' requests 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.)

$SHEL.L$SHELL.AS

Asia14d ago

Far East Smarter Energy's Unit to Sell Assets for 110 Million Yuan

Far East Smarter Energy (SHA:600869) unit Jiangsu Far East Battery plans to dispose of certain assets for a total of 109.9 million yuan, according to a Shanghai bourse filing on Thursday.The subsidiary will sell 62 items of machinery and 206 items of electronic equipment to Ningbo Jingyan Liangzao New Energy Technology for 39.3 million yuan. Additionally, 83 items of machinery and 242 items of electronic equipment will be sold to Jiangsu Jihou Intelligent Technology for 70.6 million yuan.The smart energy company's shares fell 8% during the midday trade.

SHA:600869

Asia14d ago

Semico Capital Forms JV to Operate Family Entertainment Outlet

Semico Capital (KLSE:SEMICO) signed a joint venture and shareholders agreement with Chan Kean Seng and Kosmare to operate a family entertainment outlet at the Pavilion Bukit Jalil Shopping Mall, according to a Wednesday Bursa Malaysia filing.On completion, Kosmare will issues new shares, granting the family entertainment products and services provider a 49% stake for 490,000 ringgit and Chan a 51% stake for 510,000 ringgit.The parties will further provide funding of 3 million ringgit to 4 million ringgit.The venture is a strategic initiative to strengthen the company's core business and broaden revenue streams.

KLSE:SEMICO

International14d ago

Credit Card Spending in South Korea Rises 7.6% in Q2

Credit card spending in South Korea rose 7.6% to 336.9 trillion won in the April-June quarter from a year earlier, Credit Finance Association data showed Thursday.The number of approved card settlements climbed 6% to 7.96 billion in the second quarter from the same period last year.The total card approval amount growth rate rose to 7.6% in Q2 from 7.2% in Q1, while card approval volume growth increased to 6% from 5.1% during the period.Consumption improved on higher income, strong semiconductor demand, and government policies aimed at stabilizing prices and supporting public livelihoods. This helped sustain robust card spending growth.

^KOSDAQKOSPI

Asia14d ago

Shenergy Completes 2 Billion Yuan Convertible Bond Issuance

Shenergy (SHA:600642) completed the issuance of 2 billion yuan in convertible bonds, according to a Thursday filing with the Shanghai Stock Exchange.Existing shareholders subscribed for the majority of the offering, taking up 1.42 million lots valued at 1.42 billion yuan.Online investors absorbed an additional 570.8 million yuan, while joint lead underwriters Huatai United Securities and CITIC Securities subscribed to the remaining 6.67 million yuan in unallocated bonds.Shenergy's shares fell 1% recently.

SHA:600642

Asia14d ago

Quanta Computer Eyes Up to $2.2 Billion Via GDS Shares Sale

Quanta Computer (TPE:2382) plans to raise up to $2.2 billion through the sale of global depositary shares (GDS), according to a term sheet reviewed by Reuters.The Taiwanese laptop and cloud-computing equipment maker is offering 49 million GDS, each representing five new shares, at $43.91 to $44.77 apiece, with the securities to be listed in Luxembourg, according to the report.Quanta plans to use the proceeds to purchase raw materials in foreign currencies. The offering is expected to be priced later on Wednesday, the news agency said.Quanta Computer did not immediately respond to' request for a comment.

TPE:2382

Asia14d ago

CDL Hospitality Trusts Issues 2.4 Million Staples Securities to Pay Management Fees

CDL Hospitality Trusts (SGX:J85) issued 2.4 million new stapled securities to pay 80% of the base management fees for the April-June quarter, according to a Thursday Singapore Exchange filing.The issuance comprised 2.08 million stapled securities to the manager of CDL Hospitality Real Estate Investment Trust, and 273,286 stapled securities to the trustee-manager of CDL Hospitality Business Trust, both at an issue price of SG$0.782 per security.Following the issuance, the total number of stapled securities in issue increased to 1.28 billion.

SGX:J85

Asia14d ago

Fitch Ratings Affirms ChemChina's A Rating With Stable Outlook

Fitch Ratings affirmed China National Chemical Corporation or ChemChina's long-term issuer default rating and senior unsecured rating at A, with a stable outlook.Fitch assessed ChemChina's parent Sinochem Holdings's policy rolse preservation and the contagion risk of a potential default as "very strong, according to a commentary on Wednesday.

Shanghai Composite^SZSE

Asia14d ago

White Energy Co Reports Copper-Gold-Silver Hydrothermal Vectors at Queensland Project; Shares Up 9%

White Energy Co (ASX:WEC) said its unit Amerod Resources completed an eight-hole reconnaissance diamond drilling program at the Specimen Hill Project in Queensland, with all holes displaying varying degrees of epidote, chlorite, and sericite alteration, according to a Thursday Australian bourse filing.The company said selective assay results from four drill holes identified multiple copper-gold-silver hydrothermal vectors and evidence of several mineralizing fluid pulses. Meanwhile, one hole intersected an iron-rich hydrothermally altered interval with a copper-silver-gold-bismuth-tellurium-selenium-arsenic-molybdenum-tungsten association, supporting further exploration in that area.One hole and nearby surface samples support the interpretation of a structurally controlled copper-silver-gold hydrothermal system associated with epidote-rich, calcic-altered volcanic and volcaniclastic rocks, the filing added.The company's shares rose almost 9% in recent Thursday trade.

ASX:WEC

Asia14d ago

Market Chatter: CapitaLand India Trust to Buy Up to 33% of Sponsor's New India Data Centers

CapitaLand India Trust (SGX:CY6U) has the right to acquire up to a third of future data centers acquired by its sponsor in India, according to a Bloomberg report on Wednesday, citing Chief Executive of trustee-manager, Gauri Shankar Nagabhushanam.The potential acquisition of the stake will be funded from the trust's balance sheet, the report added.The trust is developing three other data centers in India, which will be leased out over the next six months and handed over in 2027 or 2028, the report said.(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.)

SGX:CY6U

Asia14d ago

Zenith Minerals Mobilizes Drill Rig for Gold Drilling at Western Australia Project

Zenith Minerals (ASX:ZNC) mobilized Strike Drilling's rig to the Consolidated Dulcie Gold Project, where an up to 38-hole, around 4,800-meter reverse circulation drilling campaign is scheduled to begin on Friday and run for about five weeks, according to a Thursday filing with the Australian bourse.The drilling campaign will begin with maiden drilling at the recently acquired Dulcie Central tenement, focusing on a 600-meter untested strike gap between the Dulcie North and Dulcie deposits, per the filing.The remaining drilling will focus on resource extensions at Dulcie North and Scott's Grey, where previous drilling returned 5 meters at 3.5 grams per tonne gold from 91 meters, while also testing additional mineralized lodes further south at Dulcie, the filing said.Initial work will begin in heritage-cleared areas, while the remaining approved activities will proceed as additional heritage clearances are secured, the filing added.

ASX:ZNC

Asia14d ago

LG Electronics Concludes KRW100 Billion Share Buyback

LG Electronics (KRX:066570) concluded a 100 billion won share buyback, repurchasing 588,589 common shares and 141,840 preferred shares, according to Korea Stock Exchange filings on Wednesday.Following the buyback, part of a shareholder value enhancement program to return 200 billion won to shareholders over two years, the company has terminated its treasury share trust agreement with NH Investment & Securities.The repurchased shares will be cancelled before the year-end.

KRX:066570

Showing 9281-9300 of 72917