reuters
Tasnee Updates On Ethylene Cracker Expansion Project
NATIONAL INDUSTRIALIZATION COMPANY TADAWUL:2060:
NEWS reuters
India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
India's manufacturing sector expanded at its second-slowest pace in four years in June as cooling demand for goods dragged on output and hiring but easing cost pressures provided some relief, a survey showed.
reuters
TABLE-KTK - 9-MTH group results
Jul 1 (Reuters)- KTK Inc CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 9 months ended 9 months ended Year to May 20, 2026 May 20, 2025 Aug 20, 2026 LATES…
reuters
TABLE-Nippon Filcon - 6-MTH group results
Jul 1 (Reuters)- Nippon Filcon Co Ltd CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 6 months ended 6 months ended Year to May 31, 2026 May 31, 2025 Nov 30, 2026…
reuters
Battery metals recovery runs into stop-start EV market: Andy Home
By Andy HomeThe battery metals bust has run its course. Prices of lithium, cobalt and nickel have all recovered from their 2024-2025 lows.This has largely been a story of supply restraint.The world's dominant cobalt producer, the Democratic Republic of Congo, has restricted exports since February l…
Foreign bids help drive UK targeted M&A to new highs over $231 billion already in 2026
By Anousha Sakoui and Samuel IndykA rush of foreign bids for UK companies has put Britain on track to outstrip all previous records for dealmaking in 2026, with the total value of offers for the country's companies rising 210% from this time last year to more than $231 billion so far.Bids for Brit…
Investors warm to European stocks eclipsed by Wall Street's AI glow
By Danilo MasoniLower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the U.S. after several years of AI-driven earnings growth.The shift follows a drop in crude prices to near pre-war…
Mega-deals fuel record M&A as boards dream big on takeovers
By Anousha Sakoui, Echo Wang and Kane WuA surge in $10-billion-plus "mega-deals" drove global M&A to record levels in the first half of 2026, LSEG data shows, as some companies took advantage of an easier regulatory backdrop to pursue what advisers said are their dream deals.The total value of ann…
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Japan FX diplomat says intervention effective, US 'supportive', Bloomberg News reports
Japan's top currency diplomat said the country's intervention in the currency market two months ago to support the yen had been effective, and that some U.S. officials had been "supportive" of the move, Bloomberg News reported on Wednesday."Judging from how the market moved afterward, I think it cl…
Gold prices slip as firmer Treasury yields, Fed rate outlook weigh
By Pablo SinhaGold prices fell on Wednesday after hitting a seven-month low in the previous session, pressured by higher Treasury yields, while fading prospects of a permanent U.S.-Iran peace deal kept concerns over inflation and Federal Reserve rate hikes elevated.Spot gold TVC:GOLD was down 0.8…
reuters
Meeza Delivers Strategic 4MW Data Centre Expansion
MEEZA QSTP QSE:MEZA:
CMA CGM nears $1.4 billion deal for FedEx logistics unit, FT reports
French container shipping group CMA CGM is nearing a deal to buy FedEx's NYSE:FDX third-party logistics business for $1.4 billion in cash, the Financial Times reported on Wednesday, citing people familiar with the matter.Talks between the companies are at an advanced stage and a deal could come tog…
NEWS reuters
Malaysia may spend nearly $10 billion on fuel subsidies in 2026, PM says
Malaysia may spend up to 40 billion ringgit ($9.8 billion) on fuel subsidies this year if energy prices remain elevated, more than double its initial budget allocation, Prime Minister Anwar Ibrahim said.Malaysia had set aside about 15 billion ringgit for fuel subsidies in its budget for 2026.($1…
NEWS reuters
Indonesia's January-May coal export volume drops 8.2% yr/yr
Indonesia exported 143.56 million metric tons of coal in the January-May period, down 8.19% from the same period a year earlier, statistics bureau data showed on Wednesday.The shipments were worth $9.75 billion, 4.95% lower than a year ago.The bureau's figures are based on reports from the customs…
NEWS reuters
Indonesia's January-May palm oil exports up 7.4% yr/yr, statistics bureau data shows
Indonesia exported 8.92 million metric tons of crude and refined palm oil in the January to May period, up 7.41% from the same period a year earlier, statistics bureau data showed on Wednesday.The shipments were valued at $9.59 billion.The bureau's data excludes palm kernel oil, oleochemicals and b…
That's a lot of meat to digest
A look at the day ahead in European and global markets from Wayne Cole.It's been a hesitant start to the new quarter in Asia, partly as the market digests the meaty gains made last quarter and partly as the U.S.-Iran talks are busy going nowhere.It seems President Donald Trump's son-in-law Jared Ku…
reuters
Perpetual Requests Trading Halt
Perpetual Ltd ASX:PPT:
NEWS reuters
Indonesia's May exports drop 5.73% yr/yr
Indonesia's exports dropped by 5.73% in May from the same month last year to $23.20 billion, official data showed on Wednesday, compared to the median forecast of a 5.2% rise in a Reuters poll of analysts.The statistics bureau is due to release imports and the trade balance data later on Wednesday.
reuters
Indonesia's inflation rate hits three-month high of 3.34% in June
Indonesia's annual inflation rate accelerated to a three-month high of 3.34% in June from 3.08% the previous month, data showed on Wednesday, higher than the median forecast in a Reuters poll and moving closer to the top end of the central bank's target range.The poll had expected a June annual ra…
Asian airlines' Europe windfall fades as Gulf rivals rebound
By Julie Zhu and Christine ChenAsian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are seeing those advantages erode as Gulf carriers restore flights and offer lower ticket prices, industry data shows.The shift has been gradual, but…