Malaysia's equity market could see near-term volatility, as coming state elections could weigh on sentiment, FSMOne's research assistant manager Alwyn Chew Chuan Shyn says in an event. He prefers companies with strong earnings visibility, such as renewable energy and data center related constructio…
By Kimberley KaoChinese electric-vehicle makers reported mostly higher sales last month as overseas demand helped offset a softer domestic market.BYD remained the top seller, with deliveries rising 5.5% to 403,472 units in June, its second month of increased sales. The company exported 175,349 new…
If Japan's Prime Minister Sanae Takaichi uses her "Basic Policy" economic blueprint--for which Cabinet approval is expected this month--to discourage additional interest rate hikes, it could push back the timing of the Bank of Japan's next move, says Nomura Research Institute economist Takahide Kiu…
SGX Sicom Benchmark August TSR20 Rubber Down 1.4 Cents at 208.0 U.S. Cents/Kg
SGX Sicom January RSS3 Rubber Up 2.6 Cents at 261.4 U.S. Cents/Kg
By Kimberley KaoChinese electric-vehicle makers reported mostly higher sales last month as overseas demand helped offset a softer domestic market.BYD remained the top seller, with deliveries rising 5.5% to 403,472 units in June, its second month of increased sales. The company exported 175,349 new…
Elicio Therapeutics Also Plans to Use Net Proceeds for Working Capital, General Corporate Purpose >ELTX
Elicio Therapeutics Announces Pricing of $15M Registered Direct Offering >ELTX
Elicio Therapeutics Expects Offering to Close on or About July 6 >ELTX
Elicio Therapeutics Intends to Use Net Proceeds From Offering to Fund Clinical Development >ELTX
Elicio Therapeutics: Two New Fundamental Institutional Investors, Large Existing Shareholder to Purchase Aggregate 4.4M Shares >ELTX
SGX Sicom August RSS3 Rubber Untraded at Midday
South32's aluminum sale pleases Macquarie, which reckons the miner will be better able to pursue copper growth as a result. The deal "daylights value in the upstream portfolio, closing out the conglomerate discount and moving S32 to a simpler growth focus," it says. Macquarie views the up to US$5.6…
Morgans has mixed feelings about South32's aluminum sale to Alcoa. "It leaves S32 a simpler and, in important respects, a better business, but also a smaller and less valuable one," says analyst Adrian Prendergast. Morgans downgrades the stock to hold from accumulate. It cuts its target on South32'…
Indonesia's current account deficit is expected to peak at 3.0% of GDP in 2Q before narrowing in 2H as energy prices ease, CIMB economists say in a note. Indonesia's May trade deficit was driven by an oil and gas shortfall and softer commodity exports, while imports remain supported by investment d…
By Tomoko NumajiriYomiuri Shimbun Staff WriterJapanese megabank Mizuho Financial Group Inc. has launched a financial service using AI to conduct credit assessments and targeting small and medium-sized enterprises, such as startups.Through the service, account opening — which can be completed as ear…
The Yomiuri ShimbunThe Japanese and Indian governments are set to agree on a strategic initiative on biogas that aims to introduce 1,000 new production plants across India, opening the door for Japanese automakers to supply 2.5 million vehicles powered by the fuel, it has been learned.Japanese Prim…
The oil-driven inflation shock has likely peaked in South Korea, Barclay's Bum Ki Son says. With the government's gasoline supply price cap lowered to 1,780 won per liter from 1,934 won, retail fuel prices are likely to stabilize at around 1,800 won by the end of July, the economist writes in a not…
By Kwanwoo JunSK Hynix plans to invest more than $64 billion to construct new chip-making facilities in Cheongju, central South Korea, in coming years.The South Korean chip maker on Thursday detailed its planned investments of 100 trillion won, equivalent to $64.48 billion, which are part of its ma…
TOKYO--Japan's Ministry of Finance said Thursday it auctioned Y1.963 trillion 2.7% 10-year bonds with the lowest price of 99.57 to yield 2.755%. Issue 10-year govt bond (No 38) Coupon 2.7% Settlement Date…
