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Page 774 of 3533

Marketech International US Unit to Lease Building in Arizona for $18 Million

Marketech International's (TPE:6196) US unit, Marketech International Corp USA, agreed to acquire the right to use a 151,415-square-foot building in Phoenix, Arizona, under a lease valued at $17.8 million, including tax.The lease carries a monthly rent of $193,442 over a 92-month term from July 16, 2026, to March 16, 2034, according to a Wednesday Taiwan Exchange filing.The property will support the unit's operational planning and business needs.

TPE:6196

International26d ago

MBA US Mortgage Applications Decline Further in Week Ended July 10 on Mortgage Rate Jump

Mortgage applications fell by 2.7% in the week ended July 10 as higher 30-year mortgage rates depressed new home applications, while refinancing activity improved, Mortgage Bankers Association data released Wednesday showed.This follows a 2.2% decrease in overall activity in the week ended July 3, when an adjustment was made for the July 4th holiday.Applications for refinancing loans rose by 4%, while new purchase applications fell by a seasonally adjusted 7%.The average contract interest rate for 30-year fixed mortgages with loan balances of $832,750 or less rose to 6.65% from 6.58% in the previous week, the highest since August 2025."Purchase applications were down over the week and dipped below last year's pace in the week following the July 4th holiday," said Joel Kan, MBA's vice president and deputy chief economist. "Despite higher mortgage rates, refinance applications increased, led by FHA and VA refinance applications rising 9% and 10%, respectively."

Asia26d ago

GLP J-REIT to Acquire Three Warehouses for 40.7 Billion Yen

GLP J-REIT (TYO:3281) agreed to buy three warehouses in Ibaraki, Osaka, and Hiroshima for a total of 40.7 billion yen on Aug. 3, according to a Tokyo bourse filing.The company said the acquisition of Marq Joso 2, ALFALINK Ibaraki 2, and Marq Hiroshima 2 will help it secure stable income in the medium to long term.The REIT secured 41 billion yen in new borrowings from Sumitomo Mitsui Banking, MUFG Bank, and Mizuho Bank, bearing an interest rate of the base rate plus 0.170% with a one-year maturity to fund the transactions, according to a separate release.The acquisition expands GLP J-REIT's portfolio to 94 properties, with total assets of approximately 909 billion yen.

TYO:3281

Asia26d ago

Hanjin Kal Unit Reports Workplace Accident at Dongseoul Hub in Seoul

South Korean conglomerate Hanjin Kal (KRX:180640) said that its unit Hanjin Logistics Corp. reported a serious industrial accident at its Dongseoul Hub in Seoul on Wednesday, according to a same-day filing with the Korea Exchange.The company said that a contractor's employee was found collapsed while moving goods and later died in the hospital. The cause of death remains unknown.The incident was reported the same day, and the police and labor authorities will inspect the site and investigate the exact cause of the incident.

KRX:180640

Research26d ago

Arihant Capital Markets Upgrades L&T Technology Services to Buy From Accumulate; Price Target is INR4,064

L&T Technology Services (NSE:LTTS, BOM:540115) has an average rating of hold and mean price target of 3,557.55 Indian rupees, 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)

BOM:540115NSE:LTTS

Commodities26d ago

Market Chatter: Shell Advances Venezuela Gas Project; Drilling Targeted in 2027

Shell (SHEL) plans to award a drilling service contract for its 4.2 trillion-cubic-foot Dragon offshore gas project in eastern Venezuela by late September, as it aims to drill four wells from Q2 2027, Reuters reported Tuesday, citing people familiar with the matter.The company has begun tendering for the required services and a contract will be awarded following a positive final investment decision, sources told the news agency. The advance shows that Shell is taking the project forward after years of delay caused by shifting US policy toward Venezuela.Gas produced from the Dragon project will be transported to Trinidad, with about 70% of the output to be routed to the Atlantic LNG export facility and the remaining 30% to the domestic petrochemical industry, the report said.Shell did not immediately respond to' request 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

Research26d ago

HSBC Starts Pidilite Industries at Buy With INR1,890 Price Target

Pidilite Industries (NSE:PIDILITIND, BOM:500331) has an average rating of overweight and mean price target of 1,666.71 Indian rupees, 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)

BOM:500331NSE:PIDILITIND

International26d ago

MBA US Mortgage Applications Fall 2.7% in Week Ended July 10 After 2.2% Decrease in Prior Week

Research26d ago

Guggenheim Upgrades Digital Realty Trust to Buy From Neutral, Price Target is $200

Digital Realty Trust (DLR) has an average rating of overweight and mean price target of $219.77, 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)

$DLR

Asia26d ago

Market Chatter: Zhongji Innolight Close to Regulatory Nod for Hong Kong Listing

Zhongji Innolight (SHE:300308) is set to get a green light for a Hong Kong listing from China Securities Regulatory Commission, Bloomberg reported citing people familiar with the matter.If approved, Innolight may request a hearing with the Hong Kong Stock Exchange as early as this week, the people said, while asking to not to be identified.The optical communications module and device maker is looking to raise $7 billion from the listing, with details yet to be finalized, Bloomberg said, citing the people.Zhongji Innolight did not immediately respond to' request 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.)

SHE:300308

Mining & Metals26d ago

Polar Valley Closes Acquisition of Premier Health Affiliates; Trading Halted

Polar Valley Investments has closed its acquisition of all equity interests in Premier Health of America (PHA.V) affiliates Solutions Staffing, Canadian Health Care Agency and Premier Soin Nordik, the company said Tuesday.Guy D'Aoust is no longer the interim chief executive officer of Premier Health, and trading in the company's common shares on the TSX Venture Exchange has been halted, the company said.

$PHA.V

Research26d ago

ICICIdirect.com Starts Carysil at Buy With INR1,400 Price Target

BOM:524091NSE:CARYSIL

Asia26d ago

SK Gas to Provide Debt Guarantee for Affiliate SK Gas International

SK Gas Co (KRX:018670) has decided to provide a debt guarantee of 89.5 billion won for its wholly-owned overseas affiliate, SK Gas International (SKGI), according to a bourse filing on Wednesday.The guarantee is a Parent Company Guarantee intended to reinforce SKGI's creditworthiness for derivative transactions, with the exact guarantee period to be finalized after the board's approval.Following this addition, SK Gas's total outstanding debt guarantee balance amounts to approximately 3.06 trillion won across multiple affiliates, including SK Gas Trading, Ulsan GPS, and SK Gas Petrochemical.

KRX:018670

Research26d ago

Emkay Global Financial Services Starts Kusumgar at Buy With INR800 Price Target

BOM:544821NSE:KUSUMGAR

Research26d ago

RHB Upgrades Nusantara Sawit Sejahtera to Neutral From Sell; Price Target is IDR800

IDX:NSSS

Research26d ago

Phillip Securities Upgrades Tisco Financial Group to Accumulate From Sell; Price Target is THB131

Tisco Financial Group (BKK:TISCO) has an average rating of hold and mean price target of 111.22 baht, 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)

BKK:TISCO

Research26d ago

Investec Upgrades L&T Technology Services to Hold From Sell; Price Target is INR3,590

BOM:540115NSE:LTTS

Research26d ago

Danareksa Downgrades Mitra Adiperkasa to Hold From Buy; Price Target is IDR1,600

Mitra Adiperkasa (IDX:MAPI) has an average rating of overweight and mean price target of 1,660 rupiah, 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)

IDX:MAPI

Research26d ago

Okasan Securities Downgrades Aisin to Neutral From Buy; Price Target is 2,300 Yen

Aisin (TYO:7259) has an average rating of overweight and mean price target of 2,744.12 yen, 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)

TYO:7259

Research26d ago

SMBC Nikko Starts Brother Industries at Outperform With 5,400 Yen Price Target

Brother Industries (TYO:6448) has an average rating of overweight and mean price target of 4,050 yen, 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)

TYO:6448

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