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Altair Minerals Expanded Exploration Programs for Guyana Project; Shares Up 3%

Altair Minerals (ASX:ALR) expanded exploration plans for the Greater Oko project in Guyana to 75,000 meters of combined reverse circulation (RC) and diamond drilling, according to a Thursday filing with the Australian bourse.The program includes 20,000 meters of diamond and 25,000 meters of RC drilling at South Oko, 10,000 meters of diamond and 5,000 meters of RC drilling at North Peters, and 10,000 meters of diamond and 5,000 meters of RC drilling for new regional targets, the filing said.Light Detection and Ranging survey is expected to start in August to allow mapping of structures, lithologies, alluvial fields, road access, and geomorphology, per the filing.Shares rose more than 3% in morning trade on Thursday.

ASX:ALR

Asia26d ago

Market Chatter: Japan Power Firms Expand Substations to Meet AI Demand

Eight major Japanese utilities are building or expanding 30 substations nationwide, adding about 15,000 MW of capacity by the early 2030s to prepare for demand from AI data centers, Nikkei Asia reported on Thursday, citing industry data.TEPCO (TYO:9501), Kansai Electric Power (TYO:9503), Hokkaido Electric Power (TYO:9509) and Kyushu Electric Power (TYO:9508) are some of the companies expanding substations, the report said.Organization for Cross-Regional Coordination of Transmission Operators (OCCTO) forecasts data center power consumption will jump tenfold from 640 MW in fiscal 2026 to 6,610 MW in fiscal 2035, the publication 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.)

Nikkei 225TYO:9501TYO:9503TYO:9508TYO:9509

Treasury26d ago

China's Outstanding Yuan Loan Growth Accelerates to 5.3% in June

China's outstanding yuan loans grew 5.3% year over year to 279.16 trillion yuan as of the end of June, according to data from the People's Bank of China released on Wednesday.The growth rate was softer than the 5.5% expansion recorded in the previous month. It missed the consensus forecast of 5.4% tracked by Investing.com.

Shanghai Composite^SZSE

Asia26d ago

Lunnon Metals Mines Over 62,000 Tonnes at Western Australia Open Pit Gold Mine in June

Lunnon Metals (ASX:LM8) said it received AU$12 million as payment in June from Gold Fields for gold mined under an ore purchase agreement, with over 62,000 tonnes at 1.73 g/t grade of gold, containing 3,473 ounces of gold, delivered from the Lady Herial open pit gold mine in Western Australia, according to a Thursday Australian bourse filing.The operations are expected to be completed in August or September. Around 90% of the total pit volume had been mined, and 66% of the gold by the end of June.

ASX:LM8

Asia26d ago

Pengana Capital Group's Funds Under Management Rise in June

Pengana Capital Group's (ASX:PCG) funds under management rose to AU$4.07 billion in June from AU$3.72 billion in May, according to a Thursday filing with the Australian bourse.The company recorded funds under management of AU$3.64 billion in June 2025, an earlier filing showed.The company's shares fell around 2% in recent Thursday trade.

ASX:PCG

Asia26d ago

Airport Authority Hong Kong Books HK$2 Billion Post-Tax Profit for Fiscal Year Ended March

The Airport Authority Hong Kong declared a post-tax profit of HK$2.04 billion for the fiscal year ended March 31, the airport operator said in a Wednesday release.The airport operator did not provide year-ago figures. According to a filing last year, it booked HK$2.46 billion in profit.For the latest reporting period, passenger traffic jumped 14.7% in the quarter to 63 million from a year earlier, while flight movements rose 7.1% to 399,450. Cargo throughput added 2.7% to 5.1 million tonnes, the release said.The board also declared a HK$500 million dividend, payable to the Hong Kong SAR government, it said.The Hong Kong International Airport expanded its network by adding 26 destinations during the fiscal year.

Hang Seng

Asia26d ago

Hong Kong Stocks Open Higher as Soft US Inflation Data Lifts Sentiment

Hong Kong stocks opened higher on Thursday as softer U.S. inflation data lifted investor sentiment.The Hang Seng Index rose 0.6%, or 143.92 points, to 24,825.02, while the Hang Seng China Enterprises Index gained 0.6%, or 50.18 points, to 8,234.56.Wall Street ended higher overnight after softer-than-expected U.S. producer price data reinforced signs of easing inflation.Investors were also encouraged by another batch of strong corporate earnings, including results from Morgan Stanley, BlackRock and Johnson & Johnson.Markets also monitored renewed tensions in the Middle East after the U.S. launched fresh strikes on Iranian military sites.

Hang Seng

Asia26d ago

Lotus Resources Completes Interim Furnace Repair Works at Malawi Uranium Mine Acid Plant

Lotus Resources (ASX:LOT) said interim furnace repair works at its acid plant at the Kayelekera uranium mine in Malawi were completed, and operations are expected to resume in early August, according to a Thursday Australian bourse filing.The commissioning of the acid plant was interrupted after refractory bricks failed within the sulfur furnace, after achieving the first acid production.It is targeting steady-state production later in the year at an annualized run rate of around 2.4 million pounds of triuranium octoxide. Total production for the June quarter was 155,000 pounds of triuranium octoxide (drummed).

ASX:LOT

Asia26d ago

Japanese Shares Tumble After Fresh US Strikes on Iran

Japanese shares plummeted in Thursday's early session after the U.S. launched fresh strikes on Iran, intensifying worries over energy disruptions from the Strait of Hormuz.The Nikkei 225 fell 851 points or 1.2% to 67,900.43 at the opening bell.U.S. President Donald Trump vowed to continue bombing until Tehran ceases attacks on ships and reopens the waterway, Fox News reported.Elsewhere, IEA Chief Fatih Birol warned the global economy faces renewed strain if the conflict persists beyond weeks, while noting that Asian economies like South Korea and Japan are already feeling the impact.

Nikkei 225

International26d ago

Australian Consumer Inflation Expectations Fall in July

Australia's consumer inflation expectations fell by 0.8 percentage points in July to 4.7%, according to the Melbourne Institute Survey of Consumer Inflationary Expectations on Thursday.Trimmed mean inflation expectations, after spiking in April, have moderated for the third consecutive month, while wage expectations have remained unchanged for the past eight months, the survey added.

ASX 200

Asia26d ago

Great Boulder Resources Starts Drilling at Western Australia Project; Shares Up 3%

Great Boulder Resources (ASX:GBR) started a 40,000-meter drilling campaign at the Peak Hill project in Western Australia, according to a Thursday filing with the Australian bourse.The program aims to infill and extend existing gold mineralization to facilitate a resource update by year-end, the filing said.Two reverse circulation rigs are on site, with a diamond drilling rig expected to arrive in about five weeks, per the filing.Shares rose 3% in morning trade on Thursday.

ASX:GBR

International26d ago

China's New Yuan Loans Rise to 1.6 Trillion Yuan in June

China's banks extended 1.61 trillion yuan in new yuan loans in June, according to data from the People's Bank of China on Wednesday.The figure missed the consensus forecast of 1.95 trillion yuan tracked by Investing.com, but was significantly higher than the 520 billion yuan extended in the previous month.In the first half of 2026, new yuan loans totaled 10.72 trillion yuan, down from 12.92 trillion yuan in the same period a year earlier.

Shanghai Composite^SZSE

Asia26d ago

BHP Group Approves Western Australia Iron Ore Project With $900 Million Investment

BHP Group (ASX:BHP) approved the execution of its Ministers North iron ore joint venture project in Western Australia with a planned investment of about $900 million, the company said Thursday.The project will leverage existing infrastructure at the Yandi mine to deliver 20 million tonnes of iron ore per year once it is ramped up. Site works for development will start this month, with first ore expected in fiscal 2029, the company said.It added that the project involves the construction of a 13-kilometer haul road and land bridge between Yandi and Ministers North, as well as the installation of a new primary and secondary crusher at Yandi to support future production.BHP holds an 85% interest in Ministers North, with Itochu and Mitsui & Co holding 8% and 7%, respectively.BHP Group shares fell 2% in recent Thursday trade.

ASX:BHP

International26d ago

Bank of Korea Raises Interest Rates to 2.75%

The Bank of Korea raised its benchmark interest rate by 25 basis points to 2.75%, according to a Thursday statement.The move matched the consensus in a Reuters poll, with 36 of 37 economists forecasting a 25-basis-point increase to 2.75%.The rate hike marks the central bank's first increase in three and a half years.

^KOSDAQKOSPI

Asia26d ago

Comet Ridge Extends Closing Dates for Share Purchase Plan, Options Offers

Comet Ridge (ASX:COI) has extended the closing dates for its share purchase plan (SPP), SPP options offer, and placement options offer to July 24, providing eligible shareholders additional time to participate in the offers, according to a Thursday filing with the Australian bourse.Eligible shareholders can apply for up to AU$30,000 of new fully paid ordinary shares under the SPP, with no brokerage or transaction costs, and may receive one free attaching unlisted option for every two SPP shares subscribed, subject to shareholder approval at the general meeting on Aug. 6, the filing added.The company's shares fell 1% in recent Thursday trade.

ASX:COI

Asia26d ago

Talga Group Signs Nonbinding Letter of Intent With Japanese Firm for Swedish Project Battery Anode Material Offtake

Talga Group (ASX:TLG) signed a nonbinding letter of intent with Japan-based Dainen Materials for the supply of its battery anode material Talnode-C from the Vittangi anode project in Sweden, according to a Thursday Australian bourse filing.The compnies are targeting September to negotiate a binding term sheet and seek to execute a definitive long-term strategic anode offtake agreement by December.They will support further qualification of the battery anode material to meet the specifications of Dainen's Japanese battery manufacturers and customers.Talga Group's shares rose nearly 2% in recent trading on Thursday.

ASX:TLG

International26d ago

India Books $4.4 Billion Balance of Payments Deficit in May

India's overall balance of payments recorded a deficit of $4.4 billion in May, swinging from a surplus of $4.4 billion in the same month last year, the Reserve Bank of India said in a Wednesday release.This marked the second straight month that the country booked a deficit.India's current account balance also swung to a deficit of $2 billion in the month from a surplus of $700 million a year earlier.Net merchandise trade deficit widened to $27.9 billion in May from $22.6 billion a year earlier. The figure was unchanged from a month earlier.Net services surplus edged down to $15.7 billion from $15.8 billion a year prior and from $18.6 billion in April.

^BSENifty 50

International26d ago

Japan's Foreign Visitor Arrivals Extend Decline as Chinese Tourist Numbers Slump

Japan welcomed 3.15 million foreign visitors in June, down 6.8% from a year earlier and marking the third consecutive month of decline, according to data from the Japan National Tourism Organization.The decline was mainly driven by a sharp drop in Chinese arrivals, which plunged 57.3% year over year to 340,700 from 798,001.Partly offsetting the weakness, visitor arrivals from South Korea rose 7.8%, while those from Taiwan and the U.S. increased 14.6% and 2.7%, respectively.For the first six months of 2026, Japan recorded 21.1 million foreign visitor arrivals, down 2% from a year earlier.Chinese tourist arrivals fell 56.4% during the period after Prime Minister Sanae Takaichi's remarks on Taiwan prompted Beijing to advise its citizens against traveling to Japan.

Nikkei 225

Asia26d ago

WIA Gold Reports Cash Build in June Quarter

WIA Gold (ASX:WIA) ended the June quarter with no debt and a cash balance of AU$119.1 million, according to a Thursday filing with the Australian bourse.That compares with a cash balance of about AU$40.9 million as of March 31, according to a previous filing.The company said evaluation and exploration expenditure in the June quarter totaled AU$7.6 million, with no mining production and development activities conducted.A definitive feasibility study for WIA Gold's Kokoseb project in Namibia remains on track for completion in the third quarter, per the filing.The company's shares fell 1% in recent Thursday trade.

ASX:WIA

Asia26d ago

Mitchell Services Extends On-Market Share Buy-Back Program

Mitchell Services (ASX:MSV) said it intends to extend its current on-market share buy-back program for a period of no longer than 12 months, according to a Thursday Australian bourse filing.The extended buy-back will run from July 30 to July 29, 2027, the filing said.

ASX:MSV

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