APRA sets geopolitical risk rules for financial firms
APRA has issued an official warning to banks, insurers, and superannuation funds, mandating that they strengthen their risk management
APRA has issued an official warning to banks, insurers, and superannuation funds, mandating that they strengthen their risk management
Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in "wait-and-see" mode as the Strait of Hormuz edges closer to reopening under a US Iran agreement. He notes the next 40 50 days will be critical in determining whether more vessels can pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Argent Minerals (ASX:ARD) appointed Mike McKevitt as CEO, commencing July 12, to advance project development.
New Zealand materials manufacturer Fletcher Building (ASX:FBU) has reaffirmed its fiscal year 2026 earnings guidance of NZ$375–NZ$380 million.
Eminence Minerals (ASX:EMA) has commenced a 2,000-metre drilling programme at its Campo Grande Project.
Nickel Industries (ASX:NIC) announced an operating update featuring an adjusted operating EBITDA of approximately US$80 million.
Island Pharmaceuticals (ASX:ILA) secured US FDA Orphan Drug Designation for Galidesivir.
St George Mining (ASX:SGQ) secured firm commitments to raise $60 million through a new share placement.
RocketDNA (ASX:RKT) announced an agreement to acquire the remaining 40% stake in its core Western Australian subsidiary for $1 million in shares.
Sims (ASX:SGM) announced an upward revision to its expected financial performance for the 2026 fiscal year.
Stealth Global (ASX:SGI) forecast record annual sales of at least $165 million for the 2026 financial year.
Symal Group (ASX:SYL) agreed to acquire 100% of Shamrock Civil for an upfront payment of $51 million.