PT United Tractors, a heavy equipment and mining company in Indonesia, has announced the acquisition of PT Arafura Surya Alam (ASA), a gold mining subsidiary of PT J Resources Nusantara. This $540m deal is being executed through United Tractors' fully owned subsidiary, PT Danusa Tambang Nusantara, as part of its strategy to expand its gold mining operations. The acquisition agreement includes 99.99% of ASA shares, minority interests in ASA and its subsidiary PT Mulia Bumi Persada, as well as shareholder ...

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Shares of Hesai Group, the world's largest supplier of lidar sensors, rose in their Hong Kong debut on Tuesday as investors tapped into the offering amid a slew of blockbuster deals in the city's listing pipeline. Trading under the code 2525, Hesai's shares opened at HK$229.20, a premium of 7.7 per cent to the offer price of HK$212.80 per share. The company sold 19.55 million shares, including 2.55 million shares through the full exercise of the offer size adjustment option, raising about HK$4.16 billion ...

President Trump's proposed reduction in the frequency of corporate reporting would lead to less information and more risk in markets. ...

The expected interest rate cuts this month may provide relief for real estate investment trusts (REITs) after a turbulent few years for the sector. For context, the US Federal Reserve hiked interest rates sharply in 2022 and 2023.And while the US central bank started cutting rates in late 2024, interest rates have remained unchanged for 2025 so far. That’s about to change. Singapore REITs stand to benefit from lower interest rates as financing costs will ease and yield spreads widen against government bonds ...

The way is clear for Rocket Lab to start launching its new Neutron rockets this year.It's official: Rocket Lab's (RKLB 1.29%) third launch complex, LC-3, is open for business.On Thursday, Aug. 28, a star-studded cast of characters ranging from Rocket Lab Chief Executive Officer Peter Beck to Virginia Spaceport Authority CEO Ted Mercer to Virginia Governor Glenn Youngkin collectively cut the ribbon opening up LC-3 on Wallops Island, Virginia, the designated home launch pad for Rocket Lab's new Neutron reusab ...

LONDON, UK / ACCESS Newswire / September 16, 2025 / The Board of Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the resource exploration and development company, would like to respond to recent sharp decline in the Company's share price and would like to clarify that there has been no material change to the Company's operational or financial position to account for this movement. The Board remains confident in the Company's strategy, the progress being made at the Pitfield Titanium Project and the long-term ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Crypto payments company MoonPay has acquired Meso, a firm specialising in connecting traditional financial systems with digital currencies. Meso offers multi-chain and token support on platforms such as Ethereum, Solana, Base, Bitcoin, and Polygon. It also supports payment methods including debit cards and Apple Pay, according to Meso’s website. Financial specifics of the deal remain undisclosed. The acquisition aims to enhance its international payments network, which seeks to link various financial e ...