BNP Paribas has revised its outlook for terminal interest rates in Japan, raising it to 2.50% from the previously projected 2.00%. The firm's economist Ryutaro Kono expects the Bank of Japan to maintain a gradual tightening pace of one rate increase every four to five months. The BOJ policy rate is…
By Rhiannon HoyleBHP Group said it has signed a definitive agreement with Faraday Copper that aims to revive the historic San Manuel copper mine in Arizona and bolster U.S. copper supply.Under a deal first flagged in February, Faraday will acquire BHP's San Manuel property, once the largest undergr…
South Korea's Kospi Extends Gains; Last Up 4.1% at 7960.52
By Rhiannon HoyleBHP Group said it has signed a definitive agreement with Faraday Copper that aims to revive the historic San Manuel copper mine in Arizona and bolster U.S. copper supply.Under a deal first flagged in February, Faraday will acquire BHP's San Manuel property, once the largest undergr…
By Mackenzie TatananniThe Fourth of July is nearly here — and since the holiday falls on a Saturday this year, traders may be looking forward to a long weekend.Independence Day, as the name suggests, honors American nationhood by commemorating the adoption of the Declaration of Independence exactly…
The dollar is expected to trade around 4.05 ringgit to 4.08 ringgit next week, with risks tilted toward further ringgit appreciation, Kenanga economists say in a note. They expect softer U.S. June inflation, helped by lower gasoline prices, to reinforce the case for the Fed to keep interest rates o…
TOKYO--Japan's Ministry of Finance said Friday it auctioned Y2.919 trillion of 13-week treasury discount bills with the lowest price of 99.7685 to yield 0.9306%. Issue 13-week TD-Bill (No 139) Settlement Date Jul 6, 2026 Maturity Date…
China's x86 CPU capacity growth rate could remain below the global pace through 2028, Bernstein analysts say in a research note. They note that the shortage of AI accelerators in China is also a constraint on server CPU demand, as AI racks require both GPUs and CPUs to function. China's cloud servi…
Hygon Information Technology is a key beneficiary of the CPU renaissance thanks to the agentic AI development, Bernstein analysts write in a research note. Agentic AI is driving the expansion of the server CPU total addressable market, creating a much larger opportunity for Hygon than investors cur…
Siam Global House's earnings turnaround cycle is poised to start, with profits growth of 30% in 2026, 15% in 2027, and 10% in 2028, ttb wealth securities' Pattadol Bunnak says in a research report. Key drivers are rising mix of house brand products, cost cutting, and operating leverage from same-st…
Aluminum Corp. of China Shares Climb 3.9% in Hong Kong, Rise 3.1% in Shanghai
China Hongqiao Group Shares Gain 4.5% in Hong Kong
Data centers are expected to continue to anchor Malaysia's construction growth, with momentum gradually broadening across transport, renewables, industrial parks and infrastructure, Public Investment Bank analyst Oh Boon Yeow says in a note. He expects job flows to remain comparable with the past t…
Bitcoin falls in early Asian trade, down 0.3% at $61,321.44. Bitcoin is falling amid accelerating ETF outflows and weak institutional participation, K33 Research says. Meanwhile, option traders are paying some of the highest premiums for downside protection since the 2022 bear market. "When hedging…
CMOC Shares Jump 7.8% in Hong Kong, Rise 3.9% in Shanghai
Chung Fu Tex-International Corp. - Taiwan Figures in New Taiwan dollars. 2026 2025 Revenue NT$499,000 NT$499,000 Jan-Jun Revenue NT$2,991,000 NT$2,991,000 Source: Taiwan Stock Exchange This content was automatica…
Zijin Mining Shares Surge 9.4% in Hong Kong, Rise 6.7% in Shanghai
Major Chinese Aluminum Mining Stocks Rise
Palm oil rises in early Asian trade, driven by bargain hunting after recent weakness, AmInvestment Bank says in a note. However, the upside for CPO prices may be capped by cautious market sentiment and technical resistance. The medium-term outlook could remain bearish amid expectations of improving…
Chinese automakers' local retail volumes could shrink despite some recovery in domestic electric-vehicle demand in June, say Macquarie Capital's Eugene Hsiao and Calvin Ye in a note. Auto retail volume declined around 20% on year in 1H, likely due to local demand weakness. They cut their 2026 forec…
