Finimize

Malaysian futures slipped as Dalian oils and a firmer ringgit weighed, even as slightly higher crude put a floor under prices. What's going on here? Malaysian palm oil futures slipped Friday, on track for a second weekly drop as weaker prices in China and a firmer ringgit outweighed slightly higher crude oil. What does this mean? Palm oil doesn’t trade in a vacuum: it competes directly with other edible oils, so prices often move together.

The trio pledged 392 trillion won to build a tech and biotech hub, with new OLED, HBM, and biopharma capacity plus a 1-gigawatt AI data center in the pipeline. What's going on here? Samsung Electronics, SK Hynix, and Celltrion pledged a combined 392 trillion won ($254 billion) to turn South Korea’s Chungcheong region into a new tech-and-biotech hub, spanning OLED displays, memory chips, chip “advanced packaging,” and more biopharma manufacturing. What does this mean?

A softer US jobs report cooled rate-hike fears, lifting emerging-market sentiment even as foreign investors kept selling. What's going on here? Indian stocks were set to open higher after a cooler US jobs report eased fears of more Federal Reserve rate hikes, even as foreign investors kept selling, Reuters reported. What does this mean? GIFT Nifty futures hovered around 24,414, pointing to a Nifty 50 open above Thursday’s 24,175.7 close.

The ASX-listed firm set a AU$0.27-a-share placement and a share purchase plan to fund its quantum compute agreement with IonQ. What's going on here? Archer Materials is raising AU$7 million at AU$0.27 a share to fund its new quantum computing deal with IonQ, and it’s also inviting existing shareholders to add up to another AU$3 million. What does this mean?

A private survey showed the services PMI eased to 54.1 while new export business rose at its fastest pace since October 2024. What's going on here? China’s services sector kept expanding in June, but the pace cooled even as overseas demand for Chinese services strengthened, according to a private survey. What does this mean?

rizon has put forward its chair and senior executives for Cue’s board, following the resignation of directors previously nominated by Echelon, a shareholder. That matters because a controlling owner can set strategy, budgets, and capital spending across Cue’s assets. The other moving part is financing. The filing says total cash paid across the pre-bid and takeover was AU$17.8 million, funded mainly from Horizon’s cash and drawings on its Macquarie Bank debt facility.

The S&P Global Singapore Purchasing Managers' Index rose to 57.4 as hiring returned, even as cost inflation hit a survey record. What's going on here? Singapore’s private sector kept expanding in June: S&P Global’s Singapore Purchasing Managers' Index (PMI) rose to 57.4 as hiring restarted, even as cost pressures hit a survey record. What does this mean? A PMI reading above 50 signals growth, so June’s 57.4 (up from 56.7 in May) suggests activity stayed strong across the private sector.

The insurer kept its AU$350 million retention, added an AU$800 million-a-year aggregate layer, and flagged higher reinsurance costs than FY 2026. What's going on here? Suncorp, one of Australia’s biggest insurers, just locked in its main catastrophe reinsurance for fiscal year 2027: it kept a AU$350 million retention but added a new AU$800 million-a-year aggregate layer. What does this mean?

upportive. Suncorp guided to A$750 million-A$800 million of total investment income, down from A$1.23 billion a year earlier, which matters because insurers rely on returns from investing customers’ premiums to help offset claims. And then there’s reinsurance, the coverage insurers buy to limit big losses from disasters. Suncorp said reinsurance costs will rise in 2027, partly because of the A$2.4 billion five-year reinsurance cover it announced in April.

BYD sold 403,472 units and nearly doubled passenger exports, while S&P Global said China’s June NEV demand likely fell as incentives waned. What's going on here? BYD led China’s June new energy vehicle (NEV) leaderboard with 403,472 sales, helped by a record export push as signs pointed to softer demand at home. What does this mean?