PRE-MARKET AUSTRALIAN, JAPANESE, AND SOUTH KOREAN STOCK NEWS

AUSTRALIA

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  ATX (ATX AT) – Pathological complete response recorded in patient from ACCENT cancer trial. (Newswires)


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  Donaco International (DNA AT) – Donaco International Ltd observed a reduction in activity at its Star Vegas operations. This trend is expected to impact Star Vegas' profits for the month of June. (Newswires)


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  Minebea Mitsumi (6479 JT) – Minebea Mitsumi will extend the tender offer period for Shibaura Electronics to July 10 from June 19, according to Nikkei. (Nikkei)


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  Neurizon Therapeutics (NUZ AT) – NUZ-001 shows promise in zebrafish model of Huntington's disease. Neurizon Therapeutics will initiate validation studies in mammalian models of Huntington's disease. (Newswires)

JAPAN

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  AEON (8267 JT) – AEON powers Web3 mobile payments for Bybit to enable seamless crypto transactions. (Newswires)


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  Hulic (3003 JT) – Hulic has announced the commencement of a tender offer for shares in Koken Boring Machine Co., Ltd. (6297 JT), proposing a purchase price of ¥764 per share. (Newswires)


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  NTT Docomo (9437 JT) – NTT Docomo will launch a tender offer for Carta Holdings Inc at JPY 2,100 per share, valuing the transaction at JPY 24.9bln. (Newswires)


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  Park24 (4666 JT) – Park24 has received approval for an extension of the due date for submitting its semi-annual report. The company will now submit the report by the extended due date of July 16, following the completion of interim review procedures by auditing. (Newswires)


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  SoftBank Group (9984 JT) – Co. is reportedly seeking to raise up to USD 4.9bln through the sale of T-Mobile (TMUS) shares, according to terms cited by Bloomberg. (Bloomberg)


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  Toyota Tsusho (8015 JT) – UK's Pensana PLC has signed a non-binding MOU for a rare earth offtake agreement with Japan's Toyota Tsusho Corp. The MOU terms include the proposed offtake of up to 20,000 tonnes per annum of ultra-clean mixed rare earth carbonate from Angola's Longonjo mine over a five-year period, with pricing to be agreed. Toyota Tsusho intends to collaborate with Pensana to develop a new, independent, sustainable supply chain for rare earth materials, utilizing the Indian processing facility operated by Toyotsu Rare Earth India. (Newswires)

Other News

• US President Donald Trump and Japanese Prime Minister Shigeru Ishiba met on the sidelines of the G7 summit in Canada. (Newswires)

SOUTH KOREA

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  DND Pharmatech (347850 KS) – D&D Pharmatech announces positive Phase 2 results for DD01 in MASH with robust reductions in liver fat accompanied by improvements in liver and metabolic health. 75.8% of DD01-treated subjects achieved at least a 30% reduction in liver fat. DD01 treatment is associated with a 62.3% relative reduction in liver fat. DD01 was well tolerated with mild to moderate GI side effects. Treatment resulted in significant reductions in HbA1c and body weight, with only 3 subjects discontinuing due to GI side effects. (Newswires)


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  Hecto Financial (234340 KS) – Hecto Financial will divest KRW 20bln worth of its own shares. (Newswires)


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  Hyundai ADM Bio (187660 KS) – Hyundai ADM Bio will conduct a capital increase of KRW 4 billion for operational funds. (Newswires)


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  Hyundai Motor (005380 KS) – Hyundai Motor Co commences production of passenger vehicle engines at its Talegaon plant. (Reuters)


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  Korea Zinc (010130 KS) – Korea Zinc will make a strategic equity investment in TMC of USD 85.2mln in exchange for 19.6mln common shares. (Newswires)


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  Nextchip (396270 KS) – Nextchip will conduct a capital increase of KRW 50bln. (Newswires)

Other News

• South Korea acting FinMin to extend oil tax breaks until end-Aug, introduce measures to stabilize food prices, and extend tax cuts on auto purchases until end-Dec. South Korea Presidential Office says a supplementary budget to be taken up at cabinet meeting on Thursday.

Data

• South Korean Export Price Growth YY (May) -2.4% (Prev. 0.7%, Rev. 0.4%)


• South Korean Import Price Growth YY (May) -5.0% (Prev. -2.3%, Rev. -2.6%)

17 Jun 2025 - 00:33- ForexGeopolitical- Source: Newsquawk