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Dongsung FineTec Bags KRW151.3 Billion LNG Carrier Supply Contract from Samsung Heavy Industries

Dongsung FineTec (KOSDAQ:A033500) secured a 151.3 billion won contract to supply ultra-low temperature insulation materials for LNG carriers from Samsung Heavy Industries (KRX:010140), according to a Thursday filing with the Korean Exchange.The contract is expected to be fulfilled by May 30, 2029.

KOSDAQ:A033500KRX:010140

Asia39d ago

Xiamen Tungsten Unit Clears Beijing Bourse Listing Coaching Hurdle; Shares Up 3%

Xiamen Tungsten (SHA:600549) holding subsidiary Jinlong Rare Earth passed the coaching and supervision review by the Fujian Regulatory Bureau for its planned public share issuance and listing on the Beijing Stock Exchange.The tungsten carbide manufacturer received the completion letter on June 23 after coaching and supervision by Huatai United Securities, according to a Thursday filing with the Shanghai bourse.Shares of the company rose 3% in recent trade.

SHA:600549

Asia39d ago

New Zealand Shares Rise; Santana Volunteers Pause in New Zealand Gold Project Fast-Track Approvals Process to Provide Additional Information

New Zealand shares closed higher on Thursday as investors reacted to oil prices reaching pre-war levels amid tankers transiting through the Strait of Hormuz.The S&P/NZX 50 Index advanced 0.69%, or 92.39 points, to close at 13,493.05.Brent crude oil futures fell to around $72 per barrel. Gold fell below $4,000 for the first time since November 2025.In domestic news, total new residential mortgage lending in New Zealand rose to NZ$8.63 billion in May from NZ$7.99 billion in April, according to data from the Reserve Bank of New Zealand.In corporate news, Santana Minerals (ASX:SMI, NZE:SMI) decided to volunteer a pause period to provide additional data and reports, as well as provide time to workshop conditions with the regulators regarding the fast-track approvals process for the Bendigo-Ophir gold project in New Zealand's South Island.Fletcher Building (NZE:FBU, ASX:FBU) said that Moody's Investors Service confirmed that the ratings firm withdrew its Fletcher Building credit rating effective Thursday.a2 Milk (NZE:ATM, ASX:A2M) declared a fully franked special dividend of NZ$0.41355 per share, payable on July 24 to shareholders on record as of July 9.

^NZ50NZE:ATMNZE:FBUNZE:SMI

Asia39d ago

NH Investments & Securities Issues KRW15.3 Billion Gold-Linked Equity-Linked Bond

NH Investments & Securities (KRX:005940) has issued a 15.3 billion won equity-linked bond, tied to gold as an underlying asset, according to a Thursday filing with the Korean Exchange.The subscription period will close on July 13, with payment scheduled for the same day.The bond carries an issuer credit rating of AA+ from Korea Ratings.

KRX:005940

Asia39d ago

S&P Global Ratings Upgrades Bharti Airtel's Credit Rating to BBB+ with Stable Outlook

S&P Global Ratings has upgraded its rating for Bharti Airtel (NSE:BHARTIARTL, BOM:532454) to a 'BBB+' with a stable outlook from 'BBB' with a positive outlook, according to a filing to the Indian stock exchanges on Wednesday.The ratings upgrade is driven by a strong growth in Africa and India, and balance sheet discipline."The stable outlook reflects our view that Bharti Airtel will pay down debt as earnings and cash flows rise, while maintaining a supportive leverage tolerance for the 'BBB+' rating over the next 12-24 months," S&P said.

BOM:532454NSE:BHARTIARTL

Asia39d ago

Dexus Says Remaining Bloc Shareholders Appeal New South Wales Supreme Court Ruling in Australia Pacific Airports Case

Dexus (ASX:DXS) said the remaining Dexus Bloc shareholders have filed an appeal against a New South Wales Supreme Court ruling in May, which upheld the validity of a default notice related to a legal dispute with Australia Pacific Airports, according to a Thursday filing with the Australian bourse.Rest Infrastructure Trust, one of the Dexus Bloc shareholders, filed an appeal against the court decision earlier in June.The court in May ruled that Dexus violated certain confidentiality agreements and must dispose of its stake in Melbourne Airport.The company's shares gained 2% in recent Thursday trade.

ASX:DXS

Asia39d ago

HMM Orders 10 Vessels Worth KRW1.664 Trillion to Expand Bulk Fleet

HMM (KRX:011200) has placed an order for eight bulk carriers and two gas carriers worth 1.664 trillion won, to expand its bulk fleet, according to a Thursday filing with the Korean Exchange.The vessels are scheduled for delivery during the third quarter of 2031.

KRX:011200

Asia39d ago

Market Chatter: Bank of Japan Signals Future Interest Rate Hikes Amid Inflation Risks

The Bank of Japan (TYO: 8301) Governor Kazuo Ueda reiterated the risk of inflation exceeding the central bank's 2% target and signaled its readiness for future interest rate hikes, Bloomberg News reported Wednesday, quoting Ueda.According to Ueda, the bank will consider economic activity, prices, and financial conditions in determining future interest-rate hikes and monetary policy adjustments.(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:8301

Asia39d ago

Unimicron Technology Buys Facilities for NT$309.5 Million; Shares Rally 10%

Unimicron Technology (TPE:3037) purchased a batch of facilities for NT$309.5 million, according to a Wednesday Taiwan Exchange filing.Shares jumped about 10% in Thursday's midday trade.The facilities, acquired from Shan Ching Hing Engineering, will support the tech firm's production and operating activities.

TPE:3037

Asia39d ago

Broadex Technologies Completes Acquisition of 2.2% of Changxinsheng (Wuhan) Technology Shares

Broadex Technologies (SHE:300548) completed the acquisition of 2.2% of the shares of Changxinsheng (Wuhan) Technology from Longvalley Light in exchange for cash, according to an after-market filing on Wednesday in Shenzhen.The acquisition price was set at 195.6 million yuan, according to an April 29 filing.The company now holds 62.65% of the shares of Changxinsheng (Wuhan) Technology.

SHE:300548

Asia39d ago

AMTD IDEA's L'OFFICIEL to Launch Chinese-Language Edition in Singapore, Taiwan

AMTD IDEA's (SGX:HKB) subsidiary, L'OFFICIEL AMTD IDEA, will launch L"OFFICIEL Taiwan and a Chinese language edition in Singapore, according to a Wednesday filing with the Singapore Exchange.The Singapore Chinese edition will have its own dedicated editorial team and will run independently from the English edition.The expansion is part of a broader push to strengthen L'OFFICIEL's brand presence in Chinese language magazines across the region.

SGX:HKB

International39d ago

Japan Coincident Economic Index Rises in April

Japan's coincident economic index, which measures current economic activity, rose to 118.1 points in April from 116.8 in March, according to data from the Cabinet Office released Thursday.The latest print was revised upwards from the preliminary estimate of 117.9 and beat the Trading Economics consensus forecast of 117.9 points.

Nikkei 225

International39d ago

Japan Leading Economic Index Edges Up in April

Japan's leading economic index, which gauges economic outlook for the months ahead, rose to 116.1 points in April from 115.4 points in the previous month, according to data from the Cabinet Office on Thursday.The latest print was revised upwards from the preliminary estimate of 115.9 and beat the Trading Economics consensus forecast of 115.9 points.

Nikkei 225

Asia39d ago

Update: Fortescue Faces Class Action Over Alleged Sexual Discrimination, Harassment

(Updates with a Fortescue statement in the fourth and fifth paragraphs)Fortescue (ASX:FMG) allegedly failed to protect female employees and contractors in Australia from sexual discrimination, harassment, and a hostile work environment, according to a class-action lawsuit filed in Australia's Federal Court on Thursday.Law firm JGA Saddler, which filed the complaint, said reports of sexual harassment at Fortescue have been rising, but they "severely understate the true extent of sexual harassment" at the mining firm.It noted that Fortescue disclosed 31 allegations of sexual harassment at its Western Australian sites in 2020.In a statement to, Fortescue said it has not yet seen the new claim. A spokeswoman said that the company is committed to providing a safe and respectful environment for all employees.Fortescue's CEO of Metals and Operations, Dino Otranto, told reporters earlier on Thursday that the company takes the allegations "very seriously" and has more work to do to foster an open and inclusive workplace.The company's shares fell 1% in recent Thursday trade.

ASX:FMG

Asia39d ago

Luxshare Precision Industry Publishes Hong Kong Listing Hearing Documents

Luxshare Precision Industry (SHE:002475) published its post-hearing information packets on the Hong Kong Stock Exchange website following the listing hearing on June 18.The electronic components manufacturer originally submitted its listing application in August 2025 and updated it in February, according to a Thursday filing with the Shenzhen bourse.Shares of Luxshare Precision Industry slid 1% in recent trade.

SHE:002475

Asia39d ago

Nanya Technology Buys Production Equipment for NT$1.14 Billion; Shares Rally 6%

Nanya Technology (TPE:2408) acquired a batch of production equipment for about NT$1.14 billion, according to a Wednesday Taiwan Exchange filing.Shares jumped over 6% in Thursday's afternoon trade.The equipment was purchased from Applied Materials South East Asia.The chipmaker will use the acquired assets for production purposes, it said.

TPE:2408

Asia39d ago

EVE Energy Subsidiary Receives HK$375 Million Dividend from Smoore

EVE Energy (SHE:300014) subsidiary EVE Battery Investment received a cash dividend of HK$374.8 million after investee Smoore International (HKG:6969) approved a dividend of HK$0.20 per share for 2025, according to an after-market filing on Wednesday in Shenzhen.The dividend will have no impact on EVE Energy's 2026 consolidated profit as its long-term investment in Smoore is accounted for using the equity method, it said.Smoore's shares fell 2% in Hong Kong, while EVE Energy's shares slipped more than 1% in Shenzhen recently.

HKG:6969SHE:300014

Asia39d ago

Fubon Financial Unit Sells $14 Million Syndicated Loan Assets

Fubon Financial (TPE:2881) unit Taipei Fubon Commercial Bank disposed of syndicated loan assets worth $14.3 million on Wednesday, according to a same-day Taiwan Exchange filing.Shares gained about 2% in Thursday's afternoon trade.The loans were sold to BDO Unibank and Bank of China (Malaysia), both of which are unrelated parties.The lender said the disposal was part of its loan portfolio management strategy.

TPE:2881

Asia39d ago

Mitsubishi Files for Singapore Listing of $1 Billion Bonds

Mitsubishi (TYO:8058) filed for the listing of $1 billion worth of bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The Japanese business integrated enterprise filed for $500 million worth of 4.625% senior bonds due 2031 and $500 million worth of 5.125% senior bonds due 2036.The bonds will be listed and quoted on the Bonds Market on June 26, the filing said.

^STITYO:8058

Asia39d ago

Market Chatter: Cathay Financial Faces Scrutiny Amid Altercation Between Founding Family Member, Bank Chair

Cathay Financial (TPE:2882) is facing scrutiny after Tsai Chen-yu, a member of the founding family, allegedly confronted and assaulted Cathay United Bank Chairman Kuo Ming-jian at the bank's Taipei headquarters, Bloomberg News reported Wednesday.Citing the bank, the report said the incident was linked to a disagreement over Kuo's outside board positions. Tsai, the younger brother of Cathay Financial Chairman Tsai Hong-tu, does not hold any official role within the group. The lender said disputes should be resolved through proper channels rather than physical actions.Cathay Financial did not immediately respond to' request for comment on the matter.The episode comes after an internal review found that Kuo's directorship at chip designer Alchip Technologies (TPE:3661) created conflicts involving eight funds managed by a Cathay asset management unit. The issue led to a fund value adjustment and losses of NT$454 million, after which Kuo stepped down from the Alchip board earlier this week, the news outlet 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.)

TPE:2882TPE:3661

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