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Boss Energy Posts Higher Fiscal Q4 Production, Sales

Boss Energy (ASX:BOE) said fiscal fourth quarter production was 362,000 pounds of uranium oxide drummed, with sales of 325,000 pounds at a realized price of $75.10 per pound, according to a Thursday Australian bourse filing.In the same period last year, production was 349,188 pounds of uranium oxide drummed, with sales of 100,000 pounds at an average realized price of $71.15 per pound, an earlier filing showed.The company said it held AU$207.3 million in cash and liquid assets at quarter end.The company's shares fell almost 1% in recent Thursday trade.

ASX:BOE

Asia20d ago

Clinuvel Pharmaceuticals Strengthens Supply Chain as Part of Commercial Preparations for North American Vitiligo Market

Clinuvel Pharmaceuticals (ASX:CUV) strengthened its supply chain, scaled up its North American infrastructure, and engaged more than 100 potential new specialty centers as part of commercial preparations for the North American vitiligo market, according to a Thursday filing with the Australian bourse.The company is developing Scenesse as the first systemic, or total body, repigmentation therapy for vitiligo, a condition that causes the loss of skin color.Scenesse adopts a different approach to treatment by targeting melanocortin receptors to stimulate the natural body process that creates pigments to color human skin, unlike JAK inhibitor therapies that suppress the immune system, the company said.Extensive vitiligo, where more than 10% of the total body surface is affected by depigmentation, currently lacks an effective therapy, Clinuvel said, adding that prior studies of Scenesse in combination with the current standard of care showed significantly improved repigmentation compared to just standard of care monotherapy.The company plans to release topline results from its first late-stage study of Scenesse in vitiligo in December.Its shares fell 2% in recent Thursday trade.

ASX:CUV

US Markets20d ago

Samsung's Second-Quarter Profit Surges 14-Fold as Revenue Soars 130% on AI Boom

Samsung Electronics (KRX:005930) reported a 1,344% year-over-year surge in attributable net profit in the second quarter as revenue more than doubled, owing to strong demand for its memory products amid the artificial intelligence boom.Net profit attributable to shareholders jumped 14-fold in the second quarter to 71.27 trillion won from 4.934 trillion won a year earlier, according to a filing with South Korea's Financial Supervisory Service on Thursday.Earnings per share for both common and preferred shares rose 52% to 10,849 won, according to a separate press release the same day.The South Korean tech company posted a 130% year-over-year jump in revenue to 171.5 trillion won from 74.57 trillion won a year prior.Operating profit skyrocketed 1,814% to 89.5 trillion won from 4.68 trillion won.Samsung said the results were primarily driven by its Device Solutions (DS) unit, which posted a 57% quarter-over-quarter increase in sales as its Memory Business set an all-time high for quarterly revenue and operating profit."The Memory Business achieved another record-breaking quarter by proactively addressing AI demand despite limited capacity with a primary focus on server products. The continued industry-wide upward trend of prices also contributed to the record earnings," Samsung said.The Device eXperience (DX) division, which covers its consumer-facing products like smartphones, TVs and appliances, posted a 9% quarterly drop in sales due to higher component costs.The company expects rising material costs and soft consumer demand to persist in the second half. However, for the same period, Samsung expects "double-digit revenue growth" amid rising demand for its chips from customers in the US and China.The company plans to ramp up production of new mobile products based on the second-generation 2nm process in the second half.Samsung's shares are down more than 1% in early-morning trade in Seoul Thursday.

KRX:005930

Asia20d ago

National Australia Bank's Business, Private Banking's Business Lending Balances Jump 10% in June Quarter

National Australia Bank (ASX:NAB) said the business lending balances of its business and private banking (B&PB) division jumped 10% year over year to AU$180 billion in the June quarter from AU$165 billion, according to a Thursday Australian bourse filing.The division saw the strongest June month since fiscal 2022, the lender said. Home lending balances in the division climbed 6% year over year to AU$115 billion in the quarter from AU$108 billion. However, the value of home lending applications were 9% lower than applications in the prior quarter.The division's deposit balances increased by 9% to AU$254 billion year over year in the June quarter from AU$233 billion, consistent with seasonal trends.The ratio of non-performing loans to gross loans and acceptances improved to 2.9% as of June from 3% as of March, the bank said. Watch loans increased 8% over the quarter, reflecting current and potential impacts from a challenging environment.

ASX:NAB

Asia20d ago

Innolight Nets HK$53 Billion in Hong Kong IPO

Zhongji Innolight (HKG:3308, SHE:300308) is set to raise roughly HK$52.9 billion in net proceeds from its initial public offering in Hong Kong after pricing the shares below the maximum target.The optical interconnect service provider priced 54.5 million H-shares at HK$980 apiece, lower than its guidance of as high as HK$1,010 each, according to a Wednesday disclosure.The Hong Kong public offering was 16.84 times subscribed, with 5.45 million shares allocated, while the international offering was 9.73 times subscribed, with 49.05 million shares allocated.Cornerstone investors, including Tencent (HKG:0700) and Alibaba (HKG:9988), were allotted 27.2 million shares, representing 50% of the IPO shares.Innolight is set to debut on the Hong Kong bourse Thursday, July 30.

HKG:3308SHE:300308

Asia20d ago

Oxley Holdings Completes Sale of 30% Interest in Malaysian Luxury Hotel

Oxley Holdings (SGX:5UX) has completed the sale of a 30% interest in the luxury hotel at Oxley Towers KLCC in Malaysia for 250 million ringgit, according to a Wednesday filing with the Singapore Exchange.Following the transaction, Artisan Hospitality became the owner of the luxury hotel, which will be managed under the Langham brand.Oxley expects the disposal to strengthen the group's cash flow. However, after reassessing the property's carrying value, it expects to recognize an impairment loss in its financial statements for the fiscal year ended June 30, 2026.While the impairment will affect the group's FY26 financial results, it is not expected to have a material impact on earnings per share or net tangible assets per share for the financial year ending June 30, 2027, the company said.The initial agreement for the stake sale was signed in October 2024.

SGX:5UX

Asia20d ago

PLS Group Posts Lower June Quarter Spodumene Production, Higher Sales

PLS Group (ASX:PLS) said June quarter production was 214,300 tonnes of spodumene concentrate, and sales were 249,900 tonnes at a realized price of $2,107 per tonne, generating revenue of AU$743 million, according to a Thursday Australian bourse filing.In the same period last year, the company produced 221,300 tonnes and sold 216,000 tonnes at a realized price of $599 per tonne, generating revenue of AU$193 million, an earlier filing showed.The company said closing cash was AU$2.29 billion with total liquidity of AU$2.79 billion.September quarter 2026 production volumes are expected to be lower than the rest of fiscal 2027 as the Ngungaju plant ramps up, with the plant expected to achieve a normalized run rate within the first four months of fiscal 2027, while fiscal 2027 spodumene production is guided at 1 million to 1.1 million tonnes, the filing added.The company's shares rose almost 1% in recent Thursday trade.

ASX:PLS

Asia20d ago

WA1 Resources Continues to Advance Western Australia Project in June Quarter; Shares Down 4%

WA1 Resources (ASX:WA1) continued to advance the Luni project in Western Australia through structured de-risking programs, with an updated mineral resource estimate completed during the quarter ended June 30, according to a Thursday filing with the Australian bourse.The revised estimate expanded the indicated component of the Luni deposit to 93 million tonnes at 1.32% niobium pentoxide, the filing said.Luni's indicated component was 73 million tonnes at 1.38% niobium pentoxide as of June 30, 2025, an earlier filing showed.The update is being used to advance integrated workstreams, with the pre-feasibility study expected to be completed in the fourth quarter, per the filing.Shares fell 4% in morning trade Thursday.

ASX:WA1

Asia20d ago

Ampol Reports Higher H1 Profit, Says Queensland Refinery to Undergo Major Maintenance in August; Shares Hit All-Time High

Ampol (ASX:ALD) said its first-half unaudited group replacement cost operating profit (RCOP) earnings before interest, taxes, depreciation, and amortization (EBITDA) clocked in around AU$1.6 billion, jumping from the AU$649 million reported in the prior-year period, according to a Thursday Australian bourse filing.The company's RCOP earnings before interest and taxes (EBIT) came in around AU$1.35 billion, surging from AU$404 million in the 2025 first half.In the same filing, the company said the Lytton refinery in Queensland will undergo a major maintenance starting in August and expected to be completed during October, with the anticipated impact to production volumes to be around 300 million liters.The Lytton refiner margin averaged $28.26 per barrel for the first half with total refinery production of 2.95 billion liters. The margin rocketed up 280% year over year from $7.44 per barrel, and production rose 8.7% from 2.71 billion liters in the 2025 first half.Ampol's shares jumped over 1% in recent trading on Thursday and earlier hit an all-time high.

ASX:ALD

Asia20d ago

Predictive Discovery Posts Higher Gold Production, Sales in June Quarter

Predictive Discovery (ASX:PDI) reported gold production of 64,026 ounces in the June quarter, at an all-in sustaining cost (AISC) of $1,408 per ounce, according to a Thursday filing with the Australian bourse.Gold sales for the quarter were 48,924 ounces at an average realized price of $4,441 per ounce.The company began commercial production at the Kiniero Gold Mine in February, producing 48,178 ounces of gold in the March quarter at an AISC of $1,192 per ounce and selling 41,799 ounces at an average realized sales price of $4,806 per ounce.The company remains on track to achieve its 2026 production guidance of 198,000 to 220,000 ounces of gold, with AISC guidance set at $1,300 to $1,500 per ounce, comprising $1,100 to $1,300 per ounce at the Kiniero project and $2,000 to $2,200 per ounce at the Nampala project.

ASX:PDI

US Markets20d ago

Adani Enterprises Swings to Quarterly Net Loss on $275 Million US Settlement

Adani Enterprises (NSE:ADANIENT, BOM:512599) swung to an attributable net loss in the fiscal first quarter, which executives attributed to a one-time settlement charge linked to the US Office of Foreign Assets Control (OFAC).Net loss attributable to shareholders stood at 11.6 billion rupees from a net profit of 8.85 billion rupees a year earlier, according to an Indian bourse filing on Wednesday.Loss per share was 8.91 rupees for the quarter ended June 30, swinging from earnings per share of 7.12 rupees last year.The flagship unit of Indian multinational conglomerate Adani Group attributed the loss to the $275 million OFAC settlement recorded during the quarter. In May, the company agreed to settle its potential civil liability for 32 violations of OFAC's Iran sanctions.Excluding this impact, Adani Enterprises' profit before tax declined 12% to 12.95 billion rupees from 14.66 billion rupees.The company posted a 50% jump in revenue from operations to 329.2 billion rupees from 219.6 billion rupees a year earlier."This is primarily driven by a reset that is happening in the business as our copper smelter is coming online," Adani Enterprises CFO Robbie Singh told analysts during an earnings call.Singh added that the company's investments are "now progressively moving from build-out phase to value realization phase," with a clear pathway for its diversified portfolio assets, led by Adani Airports and Adani Roads, according to a transcript of the call published by Investing.com.Adani Airports posted a 39% year-over-year increase in total income to 37.6 billion rupees, while the segment reported a pre-tax loss of 1.94 billion rupees from a pre-tax profit of 2.04 billion rupees a year prior amid expansion.On the company's data center business, Singh said the company has signed a new contract for 400 megawatts of capacity over the next 2.5 years, taking its total signed capacity to about 1 gigawatt.When asked by an analyst about whether the new order was from the same customer, Singh said, "We can't really add anything more to this because we already publicly shared with you this is part of the Google contract advisory."In October 2025, Adani Enterprises, through AdaniConneX, and Google disclosed plans to build India's "largest" data center campus in Andhra Pradesh.

BOM:512599NSE:ADANIENT

Asia20d ago

IperionX Targets Run-Rate Production Capacity of Around 200 Tonnes Per Year of Titanium Powder by 2026-End

IperionX (ASX:IPX) continues to target a run-rate production capacity of around 200 tonnes per year of titanium powder by the end of the year, subject to completion of ramp-up and operating optimization activities, according to a Thursday Australian bourse filing.The company's Virginia titanium powder production operations continued on a 24/7 production schedule during the June quarter, focused on supporting customer qualification, engineered product programs and direct powder requirements, per the filing. Production volumes during the quarter were temporarily reduced by furnace downtime and maintenance.IperionX said its 300-ton, six-axis Sacmi powder metallurgy press successfully completed site acceptance and commissioning in May in Virginia. The first of two additional HSPT sintering furnaces has arrived and is being installed and commissioned.The company ended the quarter with $35.2 million in cash.The company's shares fell 6% in recent Thursday trade, hitting a 52-week low.

ASX:IPX

Asia20d ago

Hengrui Pharma Wins China Regulator's Nod for Three Drugs

Jiangsu Hengrui Pharmaceuticals (SHA:600276, HKG:1276) has received market approval from China's National Medical Products Administration (NMPA) for its insulin sudelidec injection, according to a Wednesday filing to the Hong Kong stock exchange.The company independently developed the Class 1 therapeutic biological product for treating adults with type 2 diabetes mellitus, with approvals granted for 3ml:300 units in both pre-filled injection pen and cartridge formats.Additionally, the pharmaceutical firm secured regulatory acceptance for its drug marketing authorization application for Ruikang Luzetutamab for Injection (SHR-A2009), intended for adult patients with lung cancer that has progressed after epidermal growth factor receptor tyrosine kinase inhibitor therapy.In a separate filing, Hengrui announced that its subsidiary, Fujian Shengdi Medicine, received NMPA approval to initiate a Phase II clinical trial for HRS5580 for Injection, a selective neurokinin-1 receptor antagonist designed to prevent postoperative nausea and vomiting.

HKG:1276SHA:600276

Asia20d ago

Dexus Sells 480 Queen Street Brisbane in AU$700 Million Deal

Dexus (ASX:DXS) said it has exchanged contracts to sell 480 Queen Street, Brisbane, for a gross sale price of AU$700 million, with the company and the Dexus Wholesale Property Fund (DWPF) each holding a 50% ownership interest in the property, according to a Thursday Australian bourse filing.The net sale price of AU$657.3 million aligns with the June independent valuation and reflects an around 4% discount to the December 2025 book value, per the filing.The transaction remains subject to approval from the Foreign Investment Review Board, with settlement scheduled for Dec. 1, the filing said.The company will receive around AU$259 million upfront from its stake, with an additional AU$70 million deferred until June 2028, accruing interest at a 6% coupon.The sale is expected to reduce the company's pro forma look-through gearing by 1 percentage point while maintaining both the company's and DWPF's exposure to Brisbane's premium office market through Waterfront, the filing added.

ASX:DXS

Asia20d ago

Mitsui Fudosan Secures 1 Billion Yen Loan to Refinance Maturing Debt

Mitsui Fudosan (TYO:3226) has secured a 1 billion yen loan from Sumitomo Mitsui Banking, with a 10-year maturity at an interest rate of JBA 1-month TIBOR plus 0.25%.The funds will be used to repay an existing 2 billion yen loan from the same lender that matures on July 31, according to a Tokyo bourse filing on Wednesday.The new loan is unsecured and unguaranteed, with bullet repayment due in July 2036.Following this transaction, the REIT's total interest-bearing debt will decrease slightly from 174.2 billion yen to 173.2 billion yen.

TYO:3226

Asia20d ago

ANA Orders Eight More Embraer E190-E2 Jets for Domestic Network

ANA (TYO:9202) has placed an additional order for eight Embraer E190-E2 aircraft, expanding its total commitment to 28 planes including prior orders and options.The 100-seat jets feature fuel-efficient engines and lower noise emissions.The new aircraft will be used to expand Aircraft, Crew, Maintenance, and Insurance or ACMI operations for ANA flights, according to a statement on Wednesday.

TYO:9202

Asia20d ago

ASX Preview: Australian Shares to Fall Amid Oil Surge, Fed Policy Uncertainty; Champion Iron Swings to Fiscal Q1 Loss, Revenue Down

Australian shares are poised to fall on Thursday as a surge in oil prices fuels inflation concerns and heightens worries over Middle East supply disruptions.Investors are also weighing uncertainty around US monetary policy after Federal Reserve Chair Kevin Warsh kept rates unchanged while signaling further tightening could be considered if inflation remains persistent.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 1.5%, 1.7%, and 2.2%, respectively.In the macroeconomy, Australia's building approvals and international trade price indexes data are due at 11:30 am Sydney time.In corporate news, Champion Iron (ASX:CIA) reported Thursday fiscal first quarter loss of CA$0.07 per share on revenue of CA$356.9 million, compared with profit of of CA$0.05 on revenue of CA$390 million a year earlier.Domino's Pizza Enterprises (ASX:DMP) reaffirmed its fiscal 2026 underlying profit after tax guidance of AU$118 million to AU$122 million despite expecting a statutory loss after booking around AU$300 million in mostly non-cash balance sheet write-downs.Australia's benchmark index rose 1%, or 90.8 points, to close at 9,038.60 on Wednesday.

ASX 200ASX:CIAASX:DMP

Asia20d ago

Pantoro Posts Lower June Quarter Gold Production, EBITDA

Pantoro (ASX:PNR) said production for the June quarter was 18,028 ounces of gold, with 16,366 ounces sold at an average price of AU$6,293 per ounce, according to a Thursday Australian bourse filing.The company said the all-in sustaining cost (AISC) for the quarter was AU$4,107 per ounce, generating earnings before interest, taxes, depreciation and amortization (EBITDA) of AU$44.8 million, with cash and gold holdings of AU$223.4 million as at June 30, the filing added.In the same period last year, the company produced 25,417 ounces of gold at an AISC of AU$1,991 per ounce and generated EBITDA of AU$80.4 million, an earlier filing showed.Fiscal 2027 production guidance is 90,000 to 105,000 ounces at an AISC of AU$2,800 to AU$3,400 per ounce, the company reaffirmed.

ASX:PNR

Asia20d ago

US Sanctions Eight Shipping Firms for Moving Iranian Oil to China

The US blacklisted eight shipping companies for moving Iranian crude to China, intensifying its economic pressure on Tehran, according to a US Treasury Department statement on Wednesday.The designated firms are Qi Hang Ship Management, Marinova Freight, Vast Mighty, Ocean Tranquility, Branch Saying International Trading, Confident Apex, Billion Nexus Int'l, and Nevada Spirit, all based in China or Hong Kong.Their vessels - WELL SAIL, NATSUMI, CRYSTAL, NIRETA, YEHOPE, LILY, AL SALMI, and BREEZE V - hauled hundreds of thousands to millions of barrels of Iranian oil to China and the UAE since 2022, the statement read.Separately, OFAC sanctioned two Iranian firms, Persian Gulf Marine Insurance and HormuzSafe, for running an IRGC-backed extortion scheme that forces commercial ships to buy fraudulent maritime insurance in the Strait of Hormuz, often paid in crypto.All assets of these entities under US jurisdiction are frozen, US persons and businesses are barred from dealing with them, and foreign institutions risk sanctions for continuing transactions involving the designated firms.

Hang SengShanghai Composite

Asia20d ago

Zimplats Holdings Says June Quarter Ore Mined Up 4% Year-over-Year

Zimplats Holdings (ASX:ZIM) said ore mined in the June quarter came in at 2.1 million tonnes, up 4% year-over-year from the 2 million tonnes of ore mined during the June 2025 quarter, according to a Thursday Australian bourse filing.Mined volumes benefited from the improved availability of trackless mobile machinery and the South Pit Mine was depleted at the end of June.Ore milled during the quarter was also 2.1 million tonnes, up 6% from the 1.98 million tonnes milled in the prior-year period, due to to improved mining volumes and stable plant operations.The furnace is scheduled for major maintenance in September and October, leading to a build up in inventory, which is planned to be released by the end of fiscal 2027 third quarter.

ASX:ZIM

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US Markets20d ago

Adani Enterprises Swings to Quarterly Net Loss on $275 Million US Settlement

BOM:512599NSE:ADANIENT