ChiNext Price Index Opens 0.15% Lower at 4336.16
ChiNext Price Index Opens 0.15% Lower at 4336.16
ChiNext Price Index Opens 0.15% Lower at 4336.16
Shanghai Composite Index Opens 0.1% Lower at 4090.76
Shenzhen Composite Index Opens 0.1% Higher at 2844.52
The BOJ's tankan survey released earlier adds to the case for rapid BOJ rate increases, Capital Economics' Marcel Thieliant says in commentary. The headline index measuring sentiment among large manufacturers jumped to +22, highest since the global financial crisis, the head of Asia-Pacific notes…
By Ronnie HaruiThe yen hit a fresh 40-year low against the dollar in Asia on Wednesday morning, keeping traders on high alert for possible currency intervention by the Japanese government.Ongoing expectations for a gradual pace of interest-rate increases by the Bank of Japan, combined with growing…
TOKYO--Japan's Ministry of Finance said Wednesday it plans to auction Y3.5 trillion of treasury discount bills on Jul. 8, 2026. Issue TD-Bill Auction Date Jul 8, 2026 Settlement Date Jul 10, 2026 Maturity Date Jan 12, 2027 Offer Amount…
Petronas Chemicals' near-term earnings could be weighed by lower urea prices and planned plant maintenance, though the headwinds are expected to be temporary, RHB IB analyst Lee Yun Leon says in a note. He expects urea prices to recover in 2H on seasonal fertilizer demand, while resilient methanol…
Petronas Chemicals Raised to Buy From Neutral by RHB IB
South Korea's Kospi Reverses Early Gains; Last 1.8% Lower at 8323.10
Hong Leong IB downgrades its rating on Malaysia's banking sector to neutral from overweight, citing lack of near-term catalysts and rising risks to small and medium-sized enterprises, analyst Raymond Ng says in a note. Banks could see persistent net interest margin pressure, while asset quality cou…
Amplitude Energy's share price has slumped to a level that Morgans views as unsustainable due to the company's forward earnings profile. "The combination of disappointing exploration results and softer spot gas prices has seen our valuation decline 17%, against a share price that has weakened 57% s…
FTSE Bursa Malaysia KLCI Index Opens 0.1% Higher at 1665.35
FTSE Straits Times Index Opens 0.3% Higher at 5186.79
Air New Zealand's timeline for a return to profitability is consistent with market expectations. Still, Forsyth Barr is less bullish than other market observers about what it can achieve. Air New Zealand aims to cut some NZ$100 million of costs and has changed its return on invested capital goal. S…
By David WinningSYDNEY--Coles Group said it is in talks to acquire Greencross Pet Wellness Co. from private-equity firm TPG Inc., signaling a desire to expand its retail footprint beyond supermarkets in Australia.Coles, which has a market value of around $21.68 billion, said it has begun due dilige…
Morgan Stanley analyst Chenny Wang says there's lots to like about Redox--except its valuation. MS downgrades Redox to equal-weight, from overweight, despite lifting its price target by 14% to 4.00 Australian dollars a share. MS says the stock rose some 32% in the six months through June, compared…
By Megumi FujikawaTOKYO--Large Japanese companies became more optimistic about business conditions in the past quarter despite uncertainties over the Middle East conflict and energy supplies.Wednesday's release of the Bank of Japan's tankan survey showed that the index measuring sentiment among lar…
(00:28 GMT) *Coles Says in Talks to Acquire Greencross Pet Wellness From TPG (00:29 GMT) *Coles Says Due Diligence on Greencross Pet Wellness Acquisition Underway (00:29 GMT) *Coles Doesn't Indicate Potential Deal Value, Says Discussions Incomplete (00:39 GMT) Coles in Talks to Acquire Greencross P…
By Megumi FujikawaTOKYO--Large Japanese companies became more optimistic about business conditions in the past quarter despite uncertainties over the Middle East conflict and energy supplies.Wednesday's release of the Bank of Japan's tankan survey showed that the index measuring sentiment among lar…
Coles Doesn't Indicate Potential Deal Value, Says Discussions Incomplete