Creek & River Co. Ltd. reported a net profit of 2.11 billion yen for the half-year ending August 31, a decline from the 2.19 billion yen recorded during the same period in 2025. Despite the bottom-line contraction, the Japanese agency saw its top-line revenue climb to 32.06 billion yen.
Nomura Co. Ltd. reported a significant contraction in profitability for the half-year ending August 31, with net profit falling to 3.41 billion yen from 4.44 billion yen during the same period last year. The decline reflects broader pressure on the company's financial performance across major reporting categories.
Kanseki Co. Ltd. reported a net profit of 231 million yen for the six months ending August 31, surpassing the 211 million yen recorded during the same period last year. Despite the bottom-line growth, the Japanese retailer saw its total revenue dip slightly to 17.46 billion yen from 17.57 billion yen.
A 4 billion yen net loss for the half-year ending August 31 marks a sharp reversal for Ministop Co. Ltd., which recorded a 502 million yen profit during the same period last year. The Japanese convenience store operator faced mounting pressure as operating losses reached 2.84 billion yen.
Deep beneath the Santos Basin, a new partnership between Portugal’s Galp Energia and Norway’s Equinor is taking shape. The two energy giants secured rights to the Rodocrosita block, a strategic offshore asset that strengthens their existing footprint in Brazilian waters and creates a direct link to ongoing regional production efforts.
Two Houthi-led assaults on Saudi Arabian airports killed three people and wounded 36, reigniting fears over energy supply chains. The attacks, targeting facilities in Riyadh and Abha, pushed oil prices upward while keeping U.S. Treasury yields near multiyear highs as investors weigh the potential for sustained inflationary pressure.
A sharp retreat in Singapore’s major banking stocks pushed the FTSE Straits Times Index toward its worst performance since April 2023. Investors are shedding positions in DBS Group, OCBC, and United Overseas Bank as concerns mount over whether these lenders can sustain their recent profit growth amid shifting interest rate expectations.
Thailand sits at the final paragraph of a trade deal with the United States, according to Prime Minister Anutin Charnvirakul. Speaking at the Forbes Global CEO Conference in Singapore, Anutin revealed that Donald Trump has authorized his team to finalize the concluding clauses, aiming for a signing ceremony during upcoming Asian summits.
Driven by steady revenue gains, Dawn Corp saw its net profit climb to 72 million yen for the first quarter ending August 31, a notable increase from the 59 million yen recorded during the same period last year.
Life Corp reported a net profit of 8.59 billion yen for the six months ending August 31, a decline from the 9.33 billion yen recorded during the same period last year. Despite the contraction in bottom-line earnings, the Japanese retailer saw its top-line performance improve compared to the previous year.
CIG Shanghai is moving to secure approximately $840 million through a dual-track strategy involving convertible bonds and a fresh share placement. The edge computing and optical-module specialist intends to deploy the capital to scale its manufacturing footprint across four countries, signaling an aggressive push into international markets.
Two Houthi-led attacks on Saudi Arabian airports have pushed crude prices higher, heightening fears that regional instability will choke global energy transit. With strikes targeting civilian infrastructure in Riyadh and Abha, traders are bracing for potential disruptions to the Bab al-Mandeb Strait, a vital artery for international oil supply.
A 12% drop in after-hours trading followed Resources Connection’s disclosure of deepening fiscal first-quarter losses. The professional services firm, which has seen its stock decline 26% this year, reported a loss of $8 million as client caution and reduced project volume weighed heavily on its top-line performance.
A $1.5 billion commitment from the U.S. Department of Defense sent Wolfspeed shares surging 22% to $38.27 in after-hours trading Wednesday. The massive capital injection highlights the strategic importance of domestic semiconductor manufacturing, contrasting sharply with broader market volatility as other companies reported mixed quarterly results.
The Dow Jones Industrial Average dropped 341 points as surging Treasury yields ignited fresh fears over corporate credit costs and mortgage affordability. Investors retreated from equities throughout the session, while the Russell 2000 small-cap index edged closer to correction territory, sitting roughly 9% below its previous record highs.
A surge in tariff refunds provided a unexpected tailwind for Levi Strauss in the third quarter, prompting the jeans manufacturer to lift its full-year earnings guidance. The company now projects adjusted per-share earnings between $1.54 and $1.56, pivoting from its earlier forecast of $1.46 to $1.52.
The Food and Drug Administration has granted orphan drug designation to HPPD, an experimental oral treatment for sickle cell disease. This regulatory status provides vTv Therapeutics with significant development incentives, including tax credits and potential market exclusivity for up to seven years for the small molecule compound.
A conditional $1.5 billion financing commitment from the Pentagon marks a major bet on domestic semiconductor production, with Wolfspeed slated to receive 30-year capital to ramp up its output of silicon carbide materials and wide bandgap power devices essential for national security infrastructure.
A 322% revenue spike couldn't pull Applied Digital out of the red this quarter, as the data-center operator posted a $221 million loss. Despite the deeper deficit compared to last year's $18.5 million, the company beat market expectations by shifting its focus toward high-performance computing for AI hyperscalers.
With the U.S. Committee on Foreign Investment signing off on the deal, the path is finally clear for the $6.2 billion acquisition of Clear Channel Outdoor by Mubadala Capital. The long-awaited regulatory hurdle overcome, the advertising giant is now positioned to finalize its transition to private ownership this October.
Kraft Heinz is streamlining its internal structure by consolidating global reporting segments, a move aimed at accelerating growth and sharpening operational efficiency. The company confirmed Wednesday that it will shift from its previous fragmented regional framework to a leaner model covering North America, developed markets, and emerging territories.
Centinel Spine Holdco has initiated the process to go public, signaling a shift toward motion-preserving surgical technology. The medical device manufacturer filed for an initial public offering on the New York Stock Exchange, though the company currently remains tight-lipped regarding the total size and pricing of the potential share offering.
Crude oil futures broke beneath the psychologically critical $90-per-barrel threshold today, triggering a broader sell-off across energy sector equities. Traders are currently recalibrating their positions as they grapple with the volatility of Middle East export volumes and the growing instability of global supply chains.
Agricultural machinery giants Deere, Agco, and Caterpillar faced a sharp sell-off today following news that the Federal Trade Commission and the U.S. Department of Agriculture have launched a joint investigation into potential anticompetitive practices within the farm equipment market, compounding existing pressures on the broader industrial sector.
The U.S. dollar tested multiyear highs this week, triggering a broad retreat across the commodities sector. As the greenback strengthened, producers of metals and grains faced immediate downward pressure, forcing investors to recalibrate their positions in dollar-denominated assets that have struggled to maintain momentum against the surging currency.
Lululemon’s stock has shed 56% of its value this year, hitting an eight-year low as the retailer grapples with stagnant sales and intensifying competition. In a bid to reverse this downward trajectory, CEO Heidi O’Neill is dismantling the existing management structure just weeks after officially stepping into the role.
Investors flocked to health care stocks as broader market volatility triggered a rotation into defensive sectors, underscored by a massive $8.9 billion acquisition of U.K. pharmacy chain Boots. The Weston family’s investment vehicle secured the deal, effectively moving the retailer out from under the Sycamore Partners umbrella.
The average 30-year fixed mortgage rate has climbed to 7.55%, triggering a retreat in consumer-facing stocks. As borrowing costs tighten, the SPDR S&P Homebuilders ETF dropped more than 2.5% in the latest session, deepening its year-to-date losses to over 9% as investors recalibrate expectations for the housing sector.
After over a decade at the helm, Phebe Novakovic is stepping down as chief executive of General Dynamics. The board has tapped current president Danny Deep to succeed her, marking a significant leadership transition for the aerospace and defense giant that is scheduled to take effect on January 1.
Wall Street’s tech-heavy rally stalled this week as investors wrestled with lingering fears over interest rate trajectories. While broad market indices retreated from recent record highs, the sector saw a divergence in performance, with hardware infrastructure providers gaining ground even as artificial intelligence developers faced fresh scrutiny over safety protocols.
