X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
A Dongbu Corp.-led consortium was chosen as the preferred bidder group by creditors for the 83.45 percent stake of Hanjin Heavy Industries & Construction Co.
The Hanjin stake was 63.44 percent owned by the seven South Korean financial institutions and 20.01 percent by three Filipino financial firms.
The group of Hanjin's creditors was led by the Korea Development Bank.
The Dongbu-led consortium, which beat two competitors, including a group led by SM Line Corp., said it expects its acquisition of Hanjin will create synergy in many business areas.
The stake sale is expected to be concluded early next year after gaining approval from authorities, including South Korea's arms procurement agency, Defense Acquisition Program Administration.
Hanjin Heavy, which has been fully dedicated to building battleships, suffered from capital erosion last year due to the troubles at its Subic shipyard in the Philippines.
