Financial Wire

Financial News

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Research

Research Alert: CFRA Drops Coverage On Shares Of Joyy Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping STARS coverage on shares of JOYY Inc. as of April 10, 2026, in favor of stocks with greater investor interest. Our last recommendation on the shares was Hold.

$JOYY
Treasury

CoreWeave Prices Upsized $3.5 Billion Convertible Notes Offering

CoreWeave (CRWV) said Friday it priced an upsized $3.5 billion private offering of 1.75% convertible senior notes due 2032, up from a previously announced $3 billion.The company said the deal is expected to close April 14, with an option for buyers to purchase an additional $500 million.CoreWeave said the notes carry a 1.75% annual interest rate and an initial conversion price of about $119.60 per share.The notes mature in October 2032 and can be converted into cash, shares, or a combination of both at the company's discretion, it added.CoreWeave said it expects net proceeds of about $3.45 billion, which it plans to use for general corporate purposes, including funding capped call transactions designed to limit shareholder dilution.

$CRWV
Equities

Vessels Partially Blocked in Belgium's Port of Antwerp Due to Oil Spill

The Port of Antwerp in Belgium said Friday the passage of vessels were blocked due to an oil spill during a bunkering operation.The Scheldt Dock was closed early morning but was reopened to shipping hours around early afternoon. On the other hand, the Deurganck Dock, where the oil spill occurred, remains closed. The port added the Zandvliet and Berendrecht locks are also closed due to the presence of oil slicks.European refineries operated by Exxon Mobil Corp. (XONA.F) and TotalEnergies SE (TTE.PA, TTE.L) are located in the port, as reported by Bloomberg News.Exxon and TotalEnergies did not immediately respond to a request for comment from.

$TTE.L$TTE.PA$XONA.F
International

US March CPI Energy Prices Up 10.9%, Gasoline Prices Up 21.2%, Accounts for Nearly 75% of Overall CPI Gain

Mining & Metals

Seabridge Gold Reports Delay in Decision to Issue Construction Permits for KSM Mitchell Treaty Tunnels Project

Seabridge Gold (SEA.TO) said Friday that a government decision to issue permit amendments for the construction and operation of the Mitchell Treaty Tunnels (MTT) in British Columbia over their full length has been delayed.The MTT is a key infrastructure component of Seabridge's KSM project, comprising two parallel tunnels connecting the mining operations in the Mitchell Valley with the processing operations in the Treaty Valley.The company said it has received a letter from the Ministry of Mining and Critical Minerals of British Columbia that referenced a legal action filed by Tudor Gold (TUD.V). About 12.5 kilometers of the MTT will pass through mineral claims owned by Tudor.

$SEA.TO$TUD.V
Mining & Metals

Baylin Technologies Settles Litigation With SpaceBridge

Baylin Technologies (BYL.TO) said Friday that it has settled its litigation with SpaceBridge over claims arising out of the company's acquisition of Advantech Wireless Technologies in January 2018.According to a statement, the settlement is being funded by payments to the parties out of the escrow fund that was established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.Baylin shares closed up $0.005, to $0.265, on Thursday, on the Toronto Stock Exchange

$BYL.TO
Treasury

Brief: Canada's Average Hourly Wages Among Employees Accelerate by 4.7% Y/Y in March

$^GSPTSE$.GSPTSE$$CXY
Treasury

Brief: Canada's Unemployment Rate Unchanged at 6.7% in March; MUFG Says Consensus Saw at 6.8%

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International

US March Core CPI Rises 0.2% Vs. Expected 0.3% Increase, Prior 0.2% Gain

International

US March CPI Rises 0.9% Vs. Expected 0.9% Increase, Prior 0.3% Gain

Treasury

Brief: Canada Gains 14,000, or 0.1% M/M, Jobs in March: MUFG Says Consensus Saw 14,500 Increase

$^GSPTSE$.GSPTSE$$CXY
Asia

China Longyuan Power's Output Slides 17% in March

China Longyuan Power (HKG:0916, SHE:001289) recorded power generation of nearly 6.3 million megawatt-hours in March, down 17% from a year prior, according to a Friday Hong Kong bourse filing.Of the total, wind power generation fell 25% year over year while solar power output jumped 37%.For the first quarter of 2026, power output fell 2.3% to a little over 19.8 million megawatt-hours. Of this, wind power output slipped 7.3% and solar power generation increased 33%.

$HKG:0916$SHE:001289
Treasury

Scotiabank Awaiting Friday's Labor Report in Canada

Canada delivers the March Labour Force Survey (LFS) at 8:30 a.m. ET on Friday, notes Scotiabank.A rebound of some magnitude is generally expected, it says, noting consensus sits at a 15,000 gain, with most forecasts in the 10,000 to 40,000 range.Scotiabank expects the unemployment rate to slip to 6.6% from 6.7%.As for drivers, Scotia notes there have been nine times when the monthly jobs tally fell by 70k or more and the next month was up five of those times. "So far that's not so compelling," it says, adding: "A weak base effect could drive a gain, but there is sampling persistence in the way the LFS rotates panels over six months by dropping and replacing one at a time."

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Mining & Metals

Nevada King Completes C$16.3 Million Placement; Centerra Takes 9.9% Stake

Nevada King Gold Corp. (NKG.V) announced Friday that it has completed its previously announced non-brokered private placement that had the company issue an aggregate of 77,739,774 common shares at a price of C$0.21 each, for aggregate gross proceeds of approximately C$16.3 million.A statement noted Centerra Gold (CG.TO) acquired 49,681,622 common shares, representing 9.9% of the issued and outstanding common shares following completion of the financing, for gross proceeds of approximately C$10.4 million. It said both the Chairman of Nevada King, Collin Kettell, and the largest shareholder, Michael Parker, also participated in the financing to maintain their approximate pro-rata ownership positions in the issued and outstanding common shares, for aggregate gross proceeds of approximately C$5.9 million.The company said it intends to use the net proceeds from the financing to continue regional and reconnaissance exploration across the Atlanta Gold Mine Project property especially high priority targets of Silver Park, Atlanta South, Atlanta North, and Western Rim, as well as for general working capital purposes.In connection with the strategic investment, Nevada King and Centerra entered into an investor rights agreement, pursuant to which, subject to certain conditions, including maintaining an ownership threshold of at least 5% of the outstanding common shares, Centerra has been granted financing participation rights and information rights, among other customary terms.The financing is subject to the final acceptance of the TSX Venture Exchange.

$CG.TO$NKG.V
Asia

Be Friends Logs 1% Boost in Q1 Gross Merchandise Volume

New media company Be Friends (HKG:1450) recorded a gross merchandise volume of over 3.17 billion yuan in the first quarter of 2026, down 1% from a year prior, according to a Friday Hong Kong bourse filing.

$HKG:1450
Equities

OMV Supervisory Board Committee Proposes New CEO

OMV (OMV.VI) said Friday that the presidential and nomination committee of the Austrian petrochemical company's supervisory board recommended the appointment of Emma Delaney as chief executive.Under the proposal, which is subject to the supervisory board's resolution, Delaney would take over the role on Sept. 1 for three years, with an option for another two years.

$OMV.VI
International

KOF Global Barometers Diverge in April

The KOF Swiss Economic Institute's global economic barometers diverged in April but remained slightly above the 100-point level, indicating continued "moderate" economic growth across the world, despite the uncertainties created by the US/Israel-Iran war.The coincident global barometer declined 0.2 point to 102.1 points, while the leading barometer rose 1.7 points to 102.9 points, according to a Friday release.The decrease in the coincident barometer was mainly due to negative contributions from Europe and the Asia, Pacific & Africa region. On the other hand, the increase in the leading barometer was largely attributed to positive contributions from the Western Hemisphere and the Asia, Pacific & Africa region.

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Asia

Shandong Hi-Speed's Output Climbs 14% in December

Shandong Hi-Speed New Energy Group (HKG:1250) recorded operating power generation of around 527,933 megawatt-hours in December 2025, up 14% from a year prior, according to a Friday Hong Kong bourse filing.For the year 2025, operating power output jumped 4.6% year over year to roughly 6.8 million megawatt-hours.

$HKG:1250
Mining & Metals

Cineplex March Box Office Jumps 178% YoY

Cineplex (CGX.TO) said Friday that box office revenues jumped 178% year-over-year to hit $52.4 million in the month of March.The company said the increase was due to the success of sci-fi hit Project Hail Mary, which performed particularly well in Cineplex's premium formats.During the first quarter, five films generated more than $100 million in domestic box office, compared with only two films achieving this milestone in the first quarter of 2025, a statement said. This success has continued into April with the release of The Super Mario Galaxy Movie, which delivered the largest opening weekend of the year so far and Cineplex's highest grossing Easter weekend of all time.Cineplex shares closed up $0.26, to $10.95, on Thursday on the Toronto Stock Exchange.

$CGX.TO
Asia

China Zheshang Bank Names President, Chief Compliance Officer

China Zheshang Bank (HKG:2016, SHA:601916) said the appointment of Lyu Linhua as its president and chief compliance officer became effective Friday, according to a same-day Hong Kong bourse filing.The move came following the approval of the qualification of Lyu as president from the National Financial Regulatory Administration.

$HKG:2016$SHA:601916