Australian regulators' data on banks suggest that the industry remains comfortably funded, UBS analysts say. Parsing numbers from the Australian Prudential Regulation Authority, the investment bank's analysts tell clients in a note that total deposits across the banking industry were up 8.1% on yea…
A private gauge showed China's manufacturing activity grew at a slower pace in June due to tapered factory production, diverging from a pickup shown in a competing index.The RatingDog general manufacturing purchasing managers index fell to 51.7 in June from 51.8 in May, according to a statement on…
Tessenderlo Group to Invest in FMC at $13.30/Shr
Iron ore futures are lower in early Asian trade. Global shipments remain ample and portside inventories stay at historically elevated levels, Galaxy Futures analysts say. Meanwhile, steel demand from China's construction sector remains weak, while manufacturing-related demand is declining, a slowdo…
Press Metal Aluminium appears well positioned to benefit from improving aluminum market fundamentals, supported by China's production cap, low global inventories and rising demand from electric vehicles, renewable energy and grid expansion, MBSB Research analyst Ming San Soong says in a note. The c…
FMC Reaches Agreement for $400M Minority Equity Investment From Tessenderlo Group
Naver Target Price Cut to KRW273,000 From KRW287,000 by Daiwa Capital >035420.SE
By Kwanwoo JunSouth Korea's exports posted the strongest growth in nearly 50 years as the global artificial-intelligence buildout keeps fueling demand for chips.The June trade result comes on the heels of an announcement by the South Korean government and top memory-chip makers Samsung Electronics…
Budweiser Brewing Co. APAC Ltd. Target Price Lowered to HK$9.30 From HK$10.20 by UOB Kay Hian >1876.HK
ESR-REIT is likely to deploy proceeds from its sales of several industrial assets and a hotel lot to Australia, says RHB Research's Vijay Natarajan in a note. The industrial and logistics-focused real-estate investment trust is in advanced negotiations to buy a Melbourne logistics asset portfolio…
By Yasuaki Kobayashi / Yomiuri Shimbun Staff WriterJapan's Economy, Trade and Industry Ministry plans to provide about 10 billion yen in funding for an artificial intelligence-driven robot development project being pursued by entities including Honda Motor Co., according to sources.Honda is develop…
ESR-REIT Target Price Cut to S$3.05 From S$3.15 by R-HB Researc-h >9A4U.SG
Press Metal Aluminium Target Price Started at MYR9.78 by MBSB Research >8869.KU
By James RomoserWASHINGTON — The Supreme Court has wrapped up one of its most consequential terms in decades, delivering a mix of sweeping wins and losses to President Trump while marching forward with long-held priorities of the conservative legal movement.Just four days before America's 250th bir…
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