Equities
Asian stocks rise as South Korea's Kospi surges; CPI, geopolitics cap gains
Regional equities advanced Friday as South Korea's Kospi led gains, while inflation and Middle East tensions capped broader market advances.
Londian Wason prices IPO at $22 per ADS, raises $94.3M
Chinese electric vehicle battery maker Londian Wason priced its U.S. IPO at $22 per American Depositary Share, targeting $94.3 million in proceeds.
Silence Therapeutics raises $175m in public offering at $13.50 per ADS
British biotech firm prices 12.96 million ADSs at $13.50 each, netting $175 million for clinical-stage RNA therapies.
M3 shares jump on strong quarterly earnings
M3 Inc. surged after reporting better-than-expected revenue and profit growth in its latest quarter, lifting its stock to a 52-week high.
Sanrio shares drop after weak earnings, outlook
Japanese character licensor posts first annual loss in over a decade and cuts dividend as demand for Hello Kitty merchandise slows.
Square Enix shares rise on unspecified news
Stock gains follow reports of potential strategic initiatives, though details remain undisclosed.
Dexus Industria REIT lifts FY2026 FFO forecast on stronger outlook
Australian industrial property trust raises funds from operations guidance for fiscal 2026, citing robust demand and leasing activity.
Pangaea Logistics misses Q2 2026 profit forecast in earnings call
Company falls short of Wall Street's expectations as dry bulk shipping demand remains subdued amid global economic uncertainty.
CapitaLand Integrated Commercial Trust posts strong H1 2026 results
Singapore’s largest REIT reports higher revenue and occupancy amid resilient commercial property demand.
Thyssenkrupp Marine Systems lifts FY2026 outlook on defense orders
German shipbuilder’s shares surge 14% after securing new contracts, raising full-year revenue and profit guidance for 2026.
Hill & Smith raises 2026 guidance after strong first half
Shares dip despite upgraded outlook as infrastructure specialist posts resilient H1 performance.
Strategy sells $6.6M in shares and 1,690 bitcoin via ATM program
Firm offloads equity and cryptocurrency holdings through a registered ATM offering, disclosing proceeds and digital asset disposition.
Fleetpartners shares rise on strong quarterly earnings
Australian vehicle leasing firm posts better-than-expected profit and lifts full-year guidance, driving shares higher.
ASX shareholder to sue former directors over CHESS project
Investor seeks court approval to pursue legal action against former ASX leadership for alleged mismanagement of the CHESS replacement project.
Wall Street futures steady ahead of U.S. CPI data, Hormuz tensions rise
U.S. stock futures held firm as investors awaited key inflation data, while geopolitical risks in the Strait of Hormuz added pressure to oil prices.
Hang Seng Index tests key Fibonacci support at 25,335
The Hang Seng Index approached a critical technical support level on Monday, with traders monitoring a 23.6% Fibonacci retracement near 25,335 amid a narrow trading range.
Oil prices rise on Iran tensions; five energy stocks highlighted
Benchmark crude futures climb as geopolitical risks in the Middle East intensify. Five energy equities identified as potential beneficiaries of sustained price strength.
SK Hynix tests KRW 1.455 million support amid bearish trend
South Korean chipmaker's shares retest a key Fibonacci level as technical indicators signal continued downside pressure. Live price action tracks KRW 1.455 million as critical pivot.
AGL Energy FY26 outlook highlights cash flow, battery growth
Slides from AGL Energy's FY26 presentation emphasize robust cash flow and battery storage expansion despite reduced market volatility.
ARK sells 10X Genomics, buys Perceptive Capital in latest trades
Cathie Wood's ARK Investment Management trimmed exposure to 10X Genomics while initiating a stake in Perceptive Capital, reflecting a shift in its portfolio strategy.
Anthropic IPO valuation tied to $190-200 bln 2028 revenue forecast
AI startup Anthropic's market debut hinges on projections of $190-200 billion in revenue by 2028, sources familiar with the matter say.
Suncorp forecasts FY26 earnings growth, A$606m capital return
Australian insurer Suncorp outlines FY26 earnings growth and plans a A$606 million capital return to shareholders. Outlook reflects improved underwriting and investment income.
Rakuten shares drop 9% on mobile unit losses, heavy investment
Japanese tech conglomerate’s stock decline follows widening losses in its mobile division and increased capital expenditure, raising concerns over near-term profitability.
Pangaea Q2 2025 slides show TCE rates jump despite earnings miss
Tanker company Pangaea’s Q2 2025 slides indicate a sharp rise in time charter equivalent rates, offsetting weaker-than-expected earnings for the period.