Budweiser Brewing Co. APAC is likely to face an earnings hit from tepid sales volume recovery in China, UOB Kay Hian's Stella Guo says in a report. Budweiser's sales volume in China is likely to stay under pressure in 2Q owing to weakness in on-trade channels and rainy weather in some regions, the…
Blue Bird Started at Buy by Bahana Sekuritas >BIRD.JK
Blue Bird Target Price Set at IDR2,210 by Bahana Securities >BIRD.JK
Palm oil falls in Asian trading, tracking soybean oil's weakness on the Chicago Board of Trade and lower palm olein on the Dalian Commodity Exchange, AmInvestment Bank says in a note. Given technical analysis suggesting bearish momentum for crude palm oil futures, the bank maintains its bearish out…
Japanese corporate profit plans show resilience despite global geopolitical risks, says Mizuho Securities economist Ryosuke Katagi. The Bank of Japan tankan survey released Wednesday shows companies of all industries and all sizes project their current profits to fall 6.5% this fiscal year, compare…
SK, KKR Sign Definitive Agreements to Launch Korea Renewable Energy Platform Valued at $1.3B
Naver could post solid 2Q revenue growth in its core businesses, supported by the rollout of its artificial-intelligence tools, Daiwa Capital's Thomas Y. Kwon and Joon Lee say. The South Korean internet platform company is expected to report strong growth in gross merchandise value in its commerce…
DFI Retail: Expect Deal to Close Later This Year
Copper falls in early Asian trading. Investors are awaiting a U.S. Commerce Department report on the copper market, which could lead to U.S. import tariffs on refined copper, ANZ Research says in a note. The three-month LME copper contract is 0.85% lower at $13,261.00 a ton. (kimberley.kao@wsj.com)
DFI Retail to Buy Cody, Buspak From ARN Media; Aim to Boost Retail Media Capabilities
FMC Is an Agricultural Sciences Co; Tessenderlo Is a Belgian-Based Industrial Group >FMC
DFI Retail: Both Target Entities Are Out-Of-Home Advertising Businesses in Hong Kong
FMC: BofA Securities, Goldman Sachs Serving as Financial Advisers; Davis Polk & Wardwell Serving as Legal Counsel >FMC
DFI Retail Shares Fall After Disclosing Plan to Acquire Cody Outdoor International (Hong Kong), Buspak Advertising (Hong Kong)
FMC: Closing of Transaction Subject to Regulatory Approvals, Among Other Conditions >FMC
DFI Retail Group Shares Drop 4.0% in Singapore to US$3.64
FMC: Investment Enables Co to Achieve $1B Debt Paydown Target >FMC
FMC: Transaction Concludes Review of Strategic Options >FMC
Tessenderlo: Investment in FMC Aligns With Strategy of Expanding Agro Platform via Cornerstone Investments >FMC
The Malaysian equity market faces four potential headwinds in 2H from external and domestic factors, Hong Leong IB analysts say in a note. These include lingering supply-chain disruptions amid the Iran conflict, hawkish Fed expectations driving strength in the U.S. dollar and pressuring the ringgit…
