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Victory Giant Technology Huizhou Co. surged in its Hong Kong trading debut on Tuesday, after raising $2.6 billion. Ahead of the company's listing, founder Chen Tao told Bloomberg that the printed circuit board maker expects "high-speed growth" over the next five years.
Bloomberg's Newley Purnell explains how incoming CEO John Ternus must navigate the complex supply chain and consumer relationships established by Tim Cook.
Capital Group's Noriko Chen says this market disruption looks "a little bit more temporary" as it's mainly about short-term energy supplies rather than oil and gas production. She tells Bloomberg Television that while inflation will run higher, it's not expected to have a big impact on the global economy.
Cooper Metals (ASX:CPM) announced an expansion of its exploration portfolio through a binding asset swap agreement with AIC Mines (ASX:A1M).
Saturn Metals (ASX:STN) announced the divestment of its West Wyalong Gold Project in New South Wales to Xpedra Resources (ASX:XPD).
Lynas Rare Earths (ASX:LYC) logged record revenue of $265 million for the March quarter, a 115% increase over the previous period.
Invictus Energy (ASX:IVZ) has raised $10 million through a placement to sophisticated and institutional investors.
Bob O'Donnell, President and Chief Analyst at Technalysis Research, says Apple will maintain its AI focus during the leadership change. He notes that incoming CEO John Ternus is well-positioned to build on his extensive hardware experience.
Solis Minerals (ASX:SLM) expanded its energy metals portfolio through the 100% acquisition of the Brazil Lithium Project.
New Zealand's annual inflation rate held firm at 3.1% for the March quarter, according to the latest consumer price index data released by Stats NZ.
QuickFee (ASX:QFE) reported a total group revenue of $4 million, representing a 9% decline on a normalised prior corresponding period basis.
MA Financial Group (ASX:MAF) reported a 44% year-on-year increase in assets under management, reaching $14.8 billion as of March 31.
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