Verbrec secures $16M in new energy contracts
Verbrec (ASX:VBC) executed several new agreements totalling $16 million for engineering, operations, and cybersecurity projects.
Verbrec (ASX:VBC) executed several new agreements totalling $16 million for engineering, operations, and cybersecurity projects.
Israeli officials have accused Hamas of using kites and balloons to plan attacks on its territory. The Iran-backed militant group was given until Wednesday to rein in their use - or face repercussions. Bloomberg's Dan Williams reports from Jerusalem.
Turkey's central bank said it would resume weekly repo auctions at its 37% policy rate. The decision is a step towards normalizing funding conditions as the central bank bets the worst of the Iran War's economic fallout has passed. Selva Demiralp, Professor of Economics at Koç University spoke to Bloomberg's Abeer Abu Omar on the move from the Central Bank & its impact on inflation in Turkey.
The Reserve Bank of Australia debated a rate hike before unanimously holding the cash rate steady.
Tourism Holdings (ASX:THL) generated a statutory net profit after tax of $39.9 million for the year ended June 30.
Abacus Group (ASX:ABG) delivered funds from operations of $81.2 million for the full year ended June 30.
As Australia's earnings season peaks, the likes of BHP and Woodside Energy are among the winners emerging, as elevated commodity prices offset headwinds. And Bloomberg Intelligence says Australian banks are positioned for significant margin expansion and a structural return on equity uplift in fiscal 2027. Alphinity Investment Management Client Portfolio Manager and Investment Specialist Elfreda Jonker joins "Bloomberg: The Asia Trade" to discuss why Australian stocks are priced for perfection, but delivering for average.
MyState (ASX:MYS) delivered a 41.2% increase in underlying net profit after tax to $58.3 million for the 2026 financial year.
Vulcan Steel (ASX:VSL) announced its financial results for the year ended June 30, delivering an operating cash flow of NZ$73 million.
Zip Co (ASX:ZIP) has priced a US$300 million securitisation transaction to secure its first asset-backed security facility in the US market.
AI is transforming South Korea's entertainment industry, with one startup betting on physical AI in the race to create the superstars of the future. Galaxy Corporation sees robot idols as the next generation of K-pop celebrities. Bloomberg's Sohee Kim reports from Seoul.
GenusPlus Group (ASX:GNP) increased its FY26 revenue by 70.5% to $1.28 billion.
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